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Thread: Black Monday

  1. #1
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    Default Black Monday

    I get the feeling that Monday maybe not so hot...anyone care to comment.
    Last edited by easy money; 25-09-2015 at 05:50 AM.
    cks

  2. #2
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    Quote Originally Posted by easy money View Post
    I get the feeling that Monday mavbe not so hot...anyone care to share there 2cent's worth.
    I guarantee the sun will rise and the blackness will turn to light....the birds will be happily chirping to the new day as will all the other animals........................................... ... except for some insane humans running around yelling and screaming and jumping out of windows
    Last edited by Hoop; 23-08-2015 at 09:14 PM.

  3. #3
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    Quote Originally Posted by easy money View Post
    I get the feeling that Monday mavbe not so hot...anyone care to share there 2cent's worth.
    The crashes used to be in Oct. So traders are getting in early and selling before black October.

  4. #4
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    Today is the tomorrow you worried about yesterday.

  5. #5
    The Wolf of Sharetrader
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    Ok, we're currently 26 mins in, no sign of the sun yet, this isn't a good start.

  6. #6
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    Quote Originally Posted by Hoop View Post
    I guarantee the sun will rise and the blackness will turn to light....the birds will be happily chirping to the new day as will all the other animals........................................... ... except for some insane humans running around yelling and screaming and jumping out of windows
    Thats why you should never go above the 1st floor on days like this

  7. #7
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    New Zealand should not fall as much as overseas markets due to the nature of our companies, but I am expecting a small fall none the less.

    As for the ASX, well it will be all tears... wouldn't be surprised if it dropped below 5000, would provide a nice buying opportunity...

    Just:
    "keep calm, and trade on"

  8. #8
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    Is it October already, where did part of August and all of September go, I'm sure I have not been asleep that long.

    I expect some sell off, but overall most companies are doing Ok on our bourse, so could be some "cheap" buys around in a few days to a week.

  9. #9
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    Sensible quote from bull

    "this isn't the gfc for starters otherwise all stock categories would have negative returns and that isn't the case.

    rotation is occurring and nz and us utilities and treasuries are proving safe havens

    I guessing nz may fall 1% today hardly a panic"

  10. #10
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    it should be interesting....I have cash available for some dividend paying UK listed funds I have been wanting to top up on. Maybe I can also get a price ease on SKL and buy a few of those?

  11. #11
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    Gold stocks will probably do ok today I think NZ stocks in general will wait to see what happens Monday in the US.

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    Quote Originally Posted by trader_jackson View Post

    Just:
    "keep calm, and trade on"
    As the well known world financial expert Alfred E. Neuman would say.

    Wot ?? Me worry..

  13. #13
    percy
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    Quote Originally Posted by Joshuatree View Post
    Sensible quote from bull

    "this isn't the gfc for starters otherwise all stock categories would have negative returns and that isn't the case.

    rotation is occurring and nz and us utilities and treasuries are proving safe havens

    I guessing nz may fall 1% today hardly a panic"
    A couple of interesting comments on AIA and CBA in broker's tips.
    They thought both had yield and earnings growth.I agree.

  14. #14
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    Some soothing words from Janet Yellen is all it will take for a rebound. Avoid getting caught up in the temptation to churn I reckon.

    That said this could be a good time to have a good look over your portfolio and do some carefully selected pruning of things that are neither growing nor paying decent dividends.

  15. #15
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    I would expect some selling pressure today but skewed away from utilities paying good dividends with relatively captive markets - generators and spark immediately come to mind

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