Black Monday

[winner69]

Quite a character that Nicholas Darvas

https://en.m.wikipedia.org/wiki/Nicolas_Darvas

Don't think Warren ever appearedt with Judy Garland or Bob Hope

[skid]

Do you think Warren Buffett would be following him on Facebook?...
I must admit I will not be...lol.

I appreciate Warrens achievements as much as the next guy,but he had a shocking year last year--Sometimes taking him as the Gospel can be good and sometimes not.

[winner69]

I appreciate Warrens achievements as much as the next guy,but he had a shocking year last year--Sometimes taking him as the Gospel can be good and sometimes not.

That Nicholas guy investing strategy is essentially pick a good company and follow the EMA200 line on the chart.

[skid]

Most times is not about what you, I or anyone else thinks is 'causing' the situation, it's about understanding what the situation is, especially the situation that affects us each individually, and doing something about it. Doing nothing while explaining our views on why it's a problem or not a problem, as the case may be, is still doing nothing. While doing nothing is a valid strategy it may not be a good one when the situation is obviously not good.

unless your mostly out and doing nothing but watching and learning, when things are not good
KW once put a link on the value of patience--(in this case being patient and not always having to be involved until the time is right)
When the sell signals fire -dont question why...sell and wait.
Its used to be Greed vs Fear....atm ..IMO..its Greed vs security.
Its still fun to look at all the possible causes of todays situation--after all ,they are trying to rewrite the whole economic system.Fiscal policies have replaced market forces--We'll see who wins in the end.

[percy]

I appreciate Warrens achievements as much as the next guy,but he had a shocking year last year--Sometimes taking him as the Gospel can be good and sometimes not.

Those who invested with him in 1980 would still take him as Gospel.
Being down 12.83% during the past year means their return is now only 74,515.00%.Yes that is seventy four thousand,five hundred and fifteen percent.

[Baa_Baa]

Tomorrow, Monday morning should be fine, maybe a bit of a relief rally after the US rebounded significantly on Friday. Eyes will on China as it returns from holiday, a week off after a US/Europe rout, who knows what will happen. So perhaps a market rebound in the morning and who knows what for the afternoon. Sure is volatile at the moment.

[Beagle]

Tomorrow, Monday morning should be fine, maybe a bit of a relief rally after the US rebounded significantly on Friday. Eyes will on China as it returns from holiday, a week off after a US/Europe rout, who knows what will happen. So perhaps a market rebound in the morning and who knows what for the afternoon. Sure is volatile at the moment.

Green day...can you remember the last time we had two takeover offers in one day ? Ever ?

[winner69]

Whew - disaster avoided

The world is all happy again

Onwards and upwards to new highs?

[theace]

Green day...can you remember the last time we had two takeover offers in one day ? Ever ?

Takeover 1 - DIL
Takeover 2 ???

[sb9]

Takeover 1 - DIL
Takeover 2 ???

Nuplex...plenty of discussion on that thread this morning.