Black Monday

[Scrunch]

Sometimes companies sell a business unit and do a pro-rata buyback. It acts a lot like a large dividend but at the end of it the share price may remain at similar levels and you have less shares and no tax to pay as it's a capital distribution. A big special div lowers the share price but you retain all the shares and pay tax on the div if it's not imputed. Both can have the same market value of your shares after the payment.

[winner69]

from hedgeye.com

[Joshuatree]

Mmmmh not good

"just like that, the region’s equity benchmark erased weekly gains and is now heading for a sixth slide in seven weeks, only worsening the wipeout that already erased $4.3 trillion of market value this year."
https://www.bloomberg.com/news/arti...an-stocks-is-getting-deeper?srnd=premium-asia

[bull....]

mid terms were a non event. see we are hitting the 61.8% retracement level from the most recent low in this rally now

pivoted down nicely from the 61% level. notice most markets have only shown the rally to be a retracement at this stage from oversold levels.

https://www.bloomberg.com/news/artic...d=premium-asia

[winner69]

No idea whether this is going to happen but some nice charts

Goldman Calls It: "Stocks May Be About To Enter A Sustained Bear Market"

https://www.zerohedge.com/news/2018-...ed-bear-market

[BlackPeter]

No idea whether this is going to happen but some nice charts

Goldman Calls It: "Stocks May Be About To Enter A Sustained Bear Market"

https://www.zerohedge.com/news/2018-...ed-bear-market

Absolutely - as soon as the majority of investors believe that they are in a bear market they create one for everybody. Only a question of time.

[bull....]

No idea whether this is going to happen but some nice charts

Goldman Calls It: "Stocks May Be About To Enter A Sustained Bear Market"

https://www.zerohedge.com/news/2018-...ed-bear-market

goldmans bull / bear index has proved quite accurate in past down turns

https://www.marketwatch.com/story/st...nge-2018-11-10

dont know if they curve fit the data though?

[bull....]

bank of america talking about the 61% level i was referring too , retest of the lows coming they think too

https://www.bloomberg.com/news/artic...d=premium-asia

[BlackPeter]

bank of america talking about the 61% level i was referring too , retest of the lows coming they think too

https://www.bloomberg.com/news/artic...d=premium-asia

LOL - couldn't resist:

Meanwhile, market breadth and sentiment suggest bulls have yet to give up, and that a bottom has been set.

Surely - they can't mean our bull? He gave up and turned bear a long time ago ...

But anyway - the bearmarket will come as soon as bull and his little helpers converted the majority of market participants.

Its all up to us, guys ...

[couta1]

LOL - couldn't resist:



Surely - they can't mean our bull? He gave up and turned bear a long time ago ...

But anyway - the bearmarket will come as soon as bull and his little helpers converted the majority of market participants.

Its all up to us, guys ...

Que Sera Sera.