noodles
24-08-2015, 12:27 PM
Down 2%. Hardly Black Monday.
After a pretty awful morning but with the market stabilizing, it is time to contemplate your next move. Are you going to start picking up some bargains or will you use the relief rally to trim your holdings?
Here is some thoughts by a US writer. He argues the Bull market is finished. While our markets looks to be in better shape, I predict the NZX will follow the US.
http://streettalklive.com/index.php/newsletter/current-issue.html?archive=08-21-15
Of course the US market may not have a relief rally over night and I may have to change this thread to Relief Wednesday or Thursday or ...
After a pretty awful morning but with the market stabilizing, it is time to contemplate your next move. Are you going to start picking up some bargains or will you use the relief rally to trim your holdings?
Here is some thoughts by a US writer. He argues the Bull market is finished. While our markets looks to be in better shape, I predict the NZX will follow the US.
http://streettalklive.com/index.php/newsletter/current-issue.html?archive=08-21-15
Of course the US market may not have a relief rally over night and I may have to change this thread to Relief Wednesday or Thursday or ...