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Thread: Black Monday

  1. #6111
    ShareTrader Legend bull....'s Avatar
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    bubble deflating , makes NZ bubble share market severely over inflated now.

    Put it in context the fed induced bubble from november last year has been retraced now on sp500 , it still hasnt factored in the virus economic outcome yet
    Last edited by bull....; 28-02-2020 at 10:15 AM.
    one step ahead of the herd

  2. #6112
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    Quote Originally Posted by Joshuatree View Post
    DOW finished re 1194 points down today.!!
    It sure is going to be interesting to see how things play out tomorrow in the US. Pension funds re-balance tomorrow and hedge funds may be forced to sell down as well as further sell-off could come from those who don't want to go into the weekend long given the uncertainty of what might develop over the weekend. There's always the possibility of a big upswing as well, which we've seen before but with the market being 10% down over the week - it is definitely in correction. Tomorrow is going to be a telling day....

  3. #6113
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    looks like we're gonna need a bigger boat !
    For clarity, nothing I say is advice....

  4. #6114
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by Mickey View Post
    It sure is going to be interesting to see how things play out tomorrow in the US. Pension funds re-balance tomorrow and hedge funds may be forced to sell down as well as further sell-off could come from those who don't want to go into the weekend long given the uncertainty of what might develop over the weekend. There's always the possibility of a big upswing as well, which we've seen before but with the market being 10% down over the week - it is definitely in correction. Tomorrow is going to be a telling day....
    fridays never that good for a bounce like you say who wants to be long stocks over the weekend in this climate. futures already showing >1% fall tobnight already
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  5. #6115
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    Quote Originally Posted by peat View Post
    looks like we're gonna need a bigger boat !
    What are we going to call it Titanic 2

  6. #6116
    ShareTrader Legend bull....'s Avatar
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    futures are looking very ugly in europe at the moment > 3% - 4% falls forecast

    getting worse by the minute now 5%
    Last edited by bull....; 28-02-2020 at 07:45 PM.
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  7. #6117
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    Quote Originally Posted by Blue Horseshoe View Post
    What are we going to call it Titanic 2

    wrong movie
    For clarity, nothing I say is advice....

  8. #6118
    ShareTrader Legend bull....'s Avatar
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    basically just given back the fed induced rally from october thats all. back in the giant trading range where the market was originally deciding about growth which was slowing. difference is now virus which i believe isnt priced in yet at all. technically we should break the range to the downside
    one step ahead of the herd

  9. #6119
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    The whole sharemarket is pumped up with debt and money that we don't even have... consumer and government spending around the world is juiced up with money that we don't even have...
    The greatest period of sharemarket returns the world has ever seen is fake growth...
    All it needed was a trigger... and boom...
    gg...

    .^sc
    Nakamoto means of Central origin ...

  10. #6120
    ShareTrader Legend bull....'s Avatar
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    gold and oil are getting smashed , stock market down 2000 tonight? nasdaq well overvalued
    one step ahead of the herd

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