Black Monday

[Baa_Baa]

Attachment 9537

historically there's been a very strong correlation between the s&p500 movement and the Dow movement. A website i'd found put the 15 year ave at .9557 so despite all the dows deficiencies as an index over the medium to longer term you get pretty similar results using either.

Definitely agree with that, DOW is a good indicator ... lately of current volatility, which is the distinguishing feature of the index compared with recent history.

Investing with confidence in this current climate is perhaps ignorant of the macro effect that the US market has on the global markets. Which includes the NZX albeit a small rounding error on the big picture.

Time will tell, but the prudent approach might be to take into account the recent unprecedented volatility in the US as the market distills and decides for itself whether now is a good time to invest or a good time to wait and see, or to sell.

Whichever it is has not clearly revealed itself, but soon enough it will.

[bull....]

be interesting if we test the flash lows this week

[couta1]

be interesting if we test the flash lows this week

Sorry no Cigar, business as usual. PS-Watching normal market Oscillations really isn't that interesting.

[bull....]

Sorry no Cigar, business as usual. PS-Watching normal market Oscillations really isn't that interesting.

the week has only started , anyway until we break new highs i stick too my thinking we will test the lows again if not this week at some stage

[bull....]

cohn just resigned ... looks like tarriffs are coming , be interesting to see if they employ someone in the same mould as wilber etc

[bull....]

big day these last couple , tariffs introduced , now kim jong dong is meeting trump wow wonder if it be like the apprentice? anyway still plenty of sideways action happening at the moment

[arc]

There appears to be sideways connections between Trumps "Make America great Again" and his vision for restarting the key industries. He has instituted/authorised plans to rebuild the Nuclear capabilities and associated infrastructure, equipment, facilities needed to carry and deploy them. The price tag appears to be a few Trillion dollars worth of restructuring. Perhaps this is how he sees the Steel & Aluminium Mills and associated manufacturing industries coming back to life. If you throw enough money at Lazarus... he walks again. The testing laboratories have been given notice that they have 6 month timeframes to have a test hole/equipment/technicians ready for new tests. apparently that process used to take 3 years.

Nothing quite like war or the threat of it to stimulate things.

[bull....]

lots of sideways action still , not that it worries me quite enjoy a bit of sideways action if you time it right can be very fulfilling anyway im watching the ranges for a breakout which will eventually occur

[winner69]

Worlds happy again ....we’ve got over the crisis of a month ago and most fully invested again

We talked about PE ratios reverting to the mean .....poor market returns as a consequence etc etc

Jarred reckons that the trend-following regime is over and we are heading into a mean-reverting regime

http://www.mauldineconomics.com/the-...er-your-friend

Not cool

[couta1]

Worlds happy again ....we’ve got over the crisis of a month ago and most fully invested again

We talked about PE ratios reverting to the mean .....poor market returns as a consequence etc etc

Jarred reckons that the trend-following regime is over and we are heading into a mean-reverting regime

http://www.mauldineconomics.com/the-...er-your-friend

Not cool

That reversion to the mean a powerful force aye winner, reckon it's met it's match with A2 though.