Incitec Pivot Ltd T.IPL

RE:When shorters come out screaming doom and gloom

[pistonbroken]

Opelcadet wrote:
Start building positions. Buy in chunks. Big 6 Canadian banks. Start nibbling friends, always get paid dividends. Low interest rates good for pipes and utilities.

  I agree, utilities are a good buy on the red days. Everyone uses utilities and they're not going to shut down. Flip them on the green or collect the divs. 
  Just remember  "Scared money never makes money."  On Friday there were 8 posts from the same poster in 15 minutes screaming doom and gloom sell, sell, sell. Perfect example of being caught with a short position going bad.   Most posters have him/it on ignore, but if you did read the posts you could really feel the desperation and fear just dripping from them. Sad, sad, sad.