sharetrader
Page 457 of 464 FirstFirst ... 357407447453454455456457458459460461 ... LastLast
Results 6,841 to 6,855 of 6949

Thread: Black Monday

  1. #6841
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    11,416

    Default

    Quote Originally Posted by value_investor View Post
    Took yesterday as a buying chance and it made me look like a wizard, perhaps I should drop my profession and start a career as a online guru and so called market timer. Even broken clocks are right 2x a day right. I've held cash the past 6 months just because there hasn't been much value propositions.

    In all seriousness, I'm just finding little pockets of unbelievable value and staggering my money into the market. Into individual stocks right now, I like getting into the US markets through USF but I see more long term pain there when the real statistics come out of how bad the situation will be.
    Plus, there's a buffoon in charge there who is attempting a massive cover-up of how really bad the problem is.

    Got a message from a friend in Virginia overnight - she operates an organic health & beauty spa there. A doctor client of her spa has not been well, went for a virus test and a week later is still waiting for the result! Her view - 'Those numbers they are rep[orting do not include tens of thousands of pending cases ..."

  2. #6842
    FEAR n GREED JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
    Posts
    7,133

    Default

    Quote Originally Posted by ynot View Post
    Can't help but think this is drop is far from over. Beware the falling knife. It can be savage.
    Yes dead cat bounce will soon turn further down sadly >> has allowed me to exit a couple companies .... funds going into Gold/silver companies

    Gold up 5.6% the largest daily move in history.. ANZ bank see's $2,000USD to be crossed during 2Q20-

    https://www.kitco.com/news/2020-03-1...-ANZ-Bank.html
    People don't have ideas, ideas have people

  3. #6843
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    2,932

    Default

    SP action past couple of days looking like DCB/Bear Trap. SPís rose quickly but petering out already, a fizzer setup for further falls?

    Have a look at the remarkable symmetry of your favourite share chart to the DOW30 futures chart.

    Thereís heaps of bad business and economy news to come, no need to rush into buying apparently beaten down share prices. IMHO

    Patience.

  4. #6844
    Guru
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    2,697

    Default

    The US jobless figures should make an interesting read, although not sure what day they are counted to. Bound to come out way under the true figure

  5. #6845
    Senior Member Valuegrowth's Avatar
    Join Date
    Jun 2013
    Posts
    1,163

    Default

    Value investor said:

    In all seriousness, I'm just finding little pockets of unbelievable value and staggering my money into the market. Into individual stocks right now,
    There are staples and drugs companies that are doing well now and will do future too. They could become corona winners. I agree we find unbelievable value in individual global stocks which include USA. My plate is fill with food. I am waiting for some growth stocks to become value stocks.
    Last edited by Valuegrowth; 26-03-2020 at 09:42 PM.

  6. #6846
    Aspiring to be an Awesome Bear
    Join Date
    May 2016
    Location
    In the Woods
    Posts
    1,045

    Default

    Quote Originally Posted by Baa_Baa View Post
    SP action past couple of days looking like DCB/Bear Trap. SP’s rose quickly but petering out already, a fizzer setup for further falls?

    Have a look at the remarkable symmetry of your favourite share chart to the DOW30 futures chart.

    There’s heaps of bad business and economy news to come, no need to rush into buying apparently beaten down share prices. IMHO

    Patience.
    Thanks for posting your thoughts BaaBaa

  7. #6847
    Guru
    Join Date
    Dec 2006
    Location
    New Zealand.
    Posts
    2,909

    Default

    Hey rupert bear,
    This is exactly how I see it aswell...
    The comfort we had from the Quantitative easing measures will subside and the real forces will continue to come to the foray...
    Half of the world's population is now in lockdown....
    Heaps of bad news to come unfortunately...

    .^sc
    >>>http://www.coinmarketcap.com
    <<<
    The fastest growing asset class the world has ever seen

  8. #6848
    Guru
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    2,697

    Default

    Market has now gone up 20% from the low, this could be the last day of the rally, and a good second chance to remove any portfolio dogs.

  9. #6849
    Advanced Member
    Join Date
    Aug 2012
    Posts
    2,150

    Default

    Quote Originally Posted by ratkin View Post
    Market has now gone up 20% from the low, this could be the last day of the rally, and a good second chance to remove any portfolio dogs.
    Which NZX50 companies do you think are dogs - and do not yet have share prices that reflect that - in the current situation?
    Last edited by Bjauck; 27-03-2020 at 07:44 AM.

  10. #6850
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    3,664

    Default

    Quote Originally Posted by ratkin View Post
    Market has now gone up 20% from the low, this could be the last day of the rally, and a good second chance to remove any portfolio dogs.
    Market looks like it will go up sharply today. Dow is currently up 4.5%.

  11. #6851
    Member
    Join Date
    Oct 2019
    Posts
    59

    Default

    Quote Originally Posted by blackcap View Post
    Market looks like it will go up sharply today. Dow is currently up 4.5%.
    Agree. Just a false rally to draw in some suckers. Next weeks figures will undo all the u.s gains in the last week.
    There's only one way this is going

  12. #6852
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    3,664

    Default

    Quote Originally Posted by Dlownz View Post
    Agree. Just a false rally to draw in some suckers. Next weeks figures will undo all the u.s gains in the last week.
    There's only one way this is going
    The figures in the US are already out. 3.5m extra unemployed. Yet the Dow goes up by 6%. I think with QE we will see asset price increases. Quite possible that markets cannot really go down. Individual companies may fail but the market as a whole will probably rise sharply in proportion to the QE that is enabled.

  13. #6853
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    11,416

    Default

    Quote Originally Posted by blackcap View Post
    The figures in the US are already out. 3.5m extra unemployed. Yet the Dow goes up by 6%. I think with QE we will see asset price increases. Quite possible that markets cannot really go down. Individual companies may fail but the market as a whole will probably rise sharply in proportion to the QE that is enabled.
    Stockmarket 101 - market prices risk & reward ahead, not backwards.

    Governments have already boldly stated that they will not allow their economies to fall into depression - if need be, they will pump all the money needed to achieve that aim.

    That's why the worse than expected unemployment number is considered 'good' news ion that respect.

    Many of the petrified investors & posters have not thought through the implications of what that mean - think about it.

    It has profound implications for the money you have in the bank or in your mattress.
    Last edited by Balance; 27-03-2020 at 09:56 AM.

  14. #6854
    always learning ... BlackPeter's Avatar
    Join Date
    Aug 2007
    Location
    Canterbury
    Posts
    5,844

    Default

    Quote Originally Posted by Dlownz View Post
    Agree. Just a false rally to draw in some suckers. Next weeks figures will undo all the u.s gains in the last week.
    There's only one way this is going
    Rally might well last until March 31. This is the day the fund managers need to report their quarterly losses - and they will want to keep them low :
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  15. #6855
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    11,416

    Default

    Quote Originally Posted by Dlownz View Post
    Agree. Just a false rally to draw in some suckers. Next weeks figures will undo all the u.s gains in the last week.
    There's only one way this is going
    Feel the fear out there?


    Remember this from the world's greatest living investor - the man who has lived and managed the biggest investment portfolio through numerous crisis, each bigger than the other.

    His investment portfolio not only survived but thrived post each of the crisis.

    This is what Warren Buffett said :

    "Our goal is more modest :

    We simply attempt to be fearful when others are greedy

    and

    to be greedy only when others are fearful."

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •