Is this slide more than a correction?

When I wrote last week, I sold off and had a sneaky suspicion that all is not well on the stockmarket.
I wondered later if I had sold off when I shouldn't.

I even lost money and had to sell some good stocks, but after that the Aussie  market fell by 12% and things do not look good.

After all, these stockmarket crashes happen every 7 or even 11 years, so maybe we are facing another 2008/9 crash.

I'm feeling very uneasy about the situation., but FAR seems to be weathering the storm and is in another trading halt. 
ASX:VIC rose today by 20%.  They are into rare earths and other minerals. 
Quite close to the Lynas site in W.A  worth watching. and only 0.006 cents but  only a very small cap.




Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

take the money and run?

Once upon a time- a long time ago, I worked for a company that tried to earn some extra money by  moving  their excess cash around before paying their bills.  
So, the thought occured to me, that maybe some companies, try to shore up their share price by buying a large number of their own shares, you know,  to stop  day traders from mucking up the share price.. 

I don't know if that actually happens, but with so much volatility in the market, and having worked as an external auditor of systems, I  sort of get that feeling...
I didn't want to, but I sold off some stuff today. 

you know that feeling of reluctance. It's so hard to call it quits and give up on what you thought might prove a winner... 
I owned some  Sirrius once (ASX:SIR) and sold off too early... 
and now I regret it.

But maybe it's better to take your money and run, and live to invest another day...

Who knows?




Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

The Gold rush is on....go to this story and have a look at potentially the biggest gold deposits ever found in Australia.

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The HUGE GOLD story is here http://www.abc.net.au/news/stories/2008/07/23/2312137.htm
I am hunting down the companies which might be exploring this area, and researching their ability to deliver.

There may be more than one. I do know that SML Synergy metals - are one working in the area north of Bendigo. Right now they are cheap.. last week they were 4cents. check them out on the asx.
I will email you with the full list and reasons why. Google the ones we pick and put them on a yahoo finance watchlist.
At Megamoneybox we try to benefit from shares under ten cents. we call it the "tencentchallenge".

Good Luck Mega

Remember we are not financial advisors..
Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach.
Ref standards:
AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.