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Thread: Black Monday

  1. #8181
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    Quote Originally Posted by bull.... View Post
    well done , no end in sight yet to the run
    Wasnt really an investment decision - I just like shiny coins. Nice an addiction makes me money. All the other addictions cost me...

  2. #8182
    ShareTrader Legend bull....'s Avatar
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    The jobs report was better than expected, but market worries gains will be fleeting without stimulus


    https://www.cnbc.com/2020/08/07/the-...-stimulus.html


    stimulus will be extended i would say , see gold finally getting the profit taking had to happen.



    check out the dow jones utilities big ascending triangle in play when it breaks upside should be a massive rotation into utilities . probably flow into our utilities although i see there has been a sustained investment in the likes of vct , spk , cnu already so leaves plenty of catchup for the gentailers esp on positive smelter news . lots of speculation closure will be delayed in the newspapers

    New 'final decision' on aluminium smelter in four to six weeks, says Forsyth Barr

    https://www.stuff.co.nz/business/122...s-forsyth-barr
    Last edited by bull....; 08-08-2020 at 03:21 AM.
    one step ahead of the herd

  3. #8183
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    The Economist finishes an article entitled 'The Trouble with TINA' by saying
    "Sooner or later investors seduced by ceos’ public sweet talk—and by tina—will come to their senses. Won’t they?"
    Last edited by peat; 09-08-2020 at 12:03 PM.
    For clarity, nothing I say is advice....

  4. #8184
    Risk Manager for FTX
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    Just announced - first cases of community transmission. 4 cases in one family. Auckland level 3 for 3 days.

    Things getting interesting
    Last edited by Gerald; 11-08-2020 at 08:34 PM.

  5. #8185
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    Auckland lockdown level 3 for 3 days starting noon tomorrow! Rest of NZ to level 2.
    Last edited by Joshuatree; 11-08-2020 at 08:39 PM.

  6. #8186
    Advanced Member Entrep's Avatar
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    Quote Originally Posted by Gerald View Post
    Just announced - first cases of community transmission. 4 cases in one family. Auckland level 3 for 3 days.

    Things getting interesting
    Glad you find it interesting

  7. #8187
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    Quote Originally Posted by Entrep View Post
    Glad you find it interesting
    I would hope you don’t find it disinteresting.

  8. #8188
    ShareTrader Legend bull....'s Avatar
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    be interesting the hammering some stocks will get tomorrow esp retirement stocks and retailers etc
    one step ahead of the herd

  9. #8189
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by bull.... View Post
    peter shiff been saying gold $5000 for years , he must be getting excited about this rally lol . anyway rsi 87 on daily , 80 on weekly ( last peak was 83 ) so still way over brought on this indicator
    getting the big correction , down 83 dollars as we speak. still overbrought on the mthly rsi above 80 still , dailies not now
    one step ahead of the herd

  10. #8190
    ShareTrader Legend bull....'s Avatar
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    wall st hammered down from good gains heading to the close esp the nasdaq even the rotation into value the last few days being hit now. not good lead for NZ
    one step ahead of the herd

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