Black Monday

[winner69]

Getting like this on NZX ....the long slide down that started earlier in the year continues

Liz Ann Sonders (@LizAnnSonders)
11/12/18, 6:40 AM
As of about an hour ago, more than 50% of the S&P’s 500 stocks were down more than 20% from their 52w highs @bespokeinvest

[BlackPeter]

broke support heading for test now of feb lows

also important china attacks apple in trade war

https://www.cnbc.com/2018/12/10/chin...nst-apple.html

brexit vote cancelled means more uncertainty

... and the sun did rise today and it will rise tomorrow ; NASDAQ nearly one percent up - all green ;

Cheer up a bit - hey, it is nearly Christmas.

[bull....]

Getting like this on NZX ....the long slide down that started earlier in the year continues

Liz Ann Sonders (@LizAnnSonders)
11/12/18, 6:40 AM
As of about an hour ago, more than 50% of the S&P’s 500 stocks were down more than 20% from their 52w highs @bespokeinvest

yep nzx performance is being propped up by about half dozen companies. have we got a plunge protection team in nz?

[workingdad]

... and the sun did rise today and it will rise tomorrow ; NASDAQ nearly one percent up - all green ;

Cheer up a bit - hey, it is nearly Christmas.

The sun came up during the GFC too.... another trend similarity and potential warning sign to investors???

[winner69]

yep nzx performance is being propped up by about half dozen companies. have we got a plunge protection team in nz?

Just as well we have Spark eh

[couta1]

The sun came up during the GFC too.... another trend similarity and potential warning sign to investors???

HaHa nice one, a strong indicator all the doom and gloom merchants on here didn't pick up on.

[workingdad]

HaHa nice one, a strong indicator all the doom and gloom merchants on here didn't pick up on.

Although the comment was a bit of a laugh mate my thoughts are the risk to the downside has been gathering pace and I have been happily sitting it out dreaming about the next ski season

[Beagle]

The sun came up during the GFC too.... another trend similarity and potential warning sign to investors???

Some long dark winter nights during the last GFC though and sometimes when the sun did eventually come up the fog was so thick you couldn't see far anyway....much like a white-out on the ski slopes.

[couta1]

Well my overall portfolio has just slipped into the red for the first time this year, I won't put the figure it was up earlier but were talking a very large sum wiped off the table.

[oldtech]

Well my overall portfolio has just slipped into the red for the first time this year, I won't put the figure it was up earlier but were talking a very large sum wiped off the table.

You're not the only one couta1, HLG was holding the rest of my portfolio up by itself until yesterday - now all red.