Black Monday

[Oberon]

https://finance.yahoo.com/news/dumb-...173646487.html

Wonderful to see the doom & gloom merchants proven wrong, and in the most resounding way.

The game is still not over of course but those who heed the warning ‘Don’t fight the Fed’ have done well.

Congratulations are in order - Well Done to those who invested well in the last 2 months.

The game is never over.

US equities sentiment reminding me a bit of Bitcoin sentiment in 2017.

Anyway, not everyone thinks it's on wards and upwards from here. Fair bit of insider selling a couple of days ago ...

Attachment 11667

I had anticipated a W shaped recovery, at least. But, given the DOW smashed thru it's 200 MA, lord knows. S&P as overvalued as it was during the dot com bubble. Greed reaching euphoric levels ... Warren might still come out of this looking like the oracle.

For those who caught the rally, well done.

[bull....]

NZ firms Fletchers and Downer 'fuming' as $371m Govt KiwiRail contract goes overseas

https://www.nzherald.co.nz/business/...ectid=12337516


shame the govt does not want to support NZ businesses and jobs in a time like this , goes for the cheapest contract from china instead

[Balance]

So which is it? Bears proven wrong or the game is not over Balance? I'm assuming you've locked in profits to be fully of such puffery.
Instead of gloating I'd rather give a congratulations to those who bought/held through this period.

You trying to re-write my narrative by conveniently leaving out the last line?

https://finance.yahoo.com/news/dumb-...173646487.html

Wonderful to see the doom & gloom merchants proven wrong, and in the most resounding way.

The game is still not over of course but those who heed the warning ‘Don’t fight the Fed’ have done well.

Congratulations are in order - Well Done to those who invested well in the last 2 months.

And here's me writing 3 months ago :

https://www.stuff.co.nz/national/hea...ays-sam-stubbs

Have a read,

don't just take notice of what the doomsday merchants write,

get comfortable with your investment exposure

and enjoy the day - the sun will rise tomorrow.

Things will get worse but a year from now, many will wonder like with other crises why they did not take advantage of some fire-sales coming up.

No hindsight, Entrep - been sticking my neck out via my posts & providing balance against the doom & gloom from the likes of you, bull and numerous others in the last 3 months.

[Snow Leopard]

3%+ Man you guys go wild and party hard when you are let loose.

[percy]

3%+ Man you guys go wild and party hard when you are let loose.

"The lunatics have taken over the asylum.".............lol.

[kiora]

3%+ Man you guys go wild and party hard when you are let loose.

+3.3% wild as,bonkers ATH,feels so bizarre

[Baa_Baa]

Well I think that when the world goes mad and everyone is confounded by gains, that’s the time to reset the limit sells (stop loss) on all my shares, and adjust these daily as the share price rises. I’m not planning on being stopped out but if it happens I won’t be riding the elevators down.

[kiora]

Well I think that when the world goes mad and everyone is confounded by gains, that’s the time to reset the limit sells (stop loss) on all my shares, and adjust these daily as the share price rises. I’m not planning on being stopped out but if it happens I won’t be riding the elevators down.

Wise,BB,when even PEB up 13.7%,AIR up 9% etc it is disconnected

[Hoop]

"The lunatics have taken over the asylum.".............lol.

3%+ Man you guys go wild and party hard when you are let loose.

.................

Madhatter tea party 08062020.jpg

[bull....]

Market Cap Of Bankrupt Hertz Approaches $1 Billion Amid Unstoppable Flood Of Retail Buyers


Why is the market cap of a bankrupt company where the vast majority of its bonds will be impaired and the pre-petition equity will receive nothing, trading at such a price? The answer can be found, as in so many other cases these days, with Robin Hood where almost 80,000 new buyers have emerged since the company filed for bankruptcy, sending the company stock soaring even though it is patently worthless

https://www.zerohedge.com/markets/ma...-retail-buyers