Black Monday

[winner69]

An updated version of that chart that often pulled out in these times

[dobby41]

BP only worried about his / her money . what about the people who need money now to live and pay there bills.

More than 360,000 Australians apply for early release of superannuation under coronavirus assistance scheme

https://www.abc.net.au/news/2020-04-...vid19/12125328

Up to $20k with $10k to start - doesn't sound too bad.
Early release of SOME superannuation.

[winner69]

Indeed will be interesting to see, looks like DOW/NASDAQ/S&P have made a higher low and higher high, I had a quick look back at 2008 charts and didn't see that happening I don't think, looking at weeklies? Then again we don't have much data to work with in the current environment so I suspect I am looking through rose-tinted glasses.

You should study this chart clip

[bull....]

You should study this chart clip

plenty of downside based on this chart + to meet the new reality

[winner69]

plenty of downside based on this chart + to meet the new reality

Secular markets are slow moving but eventually get to the ‘expected’ end point

[Playa]

The Dow has held up well the last couple of weeks,hasn't been hammered in a little while.Perhaps we have seen the bottom of this?

[Zaphod]

The Dow has held up well the last couple of weeks,hasn't been hammered in a little while.Perhaps we have seen the bottom of this?

I still think the events unfolding in the US, will have a profound long-term impact on the markets. Just because Trump say's 100-240K deaths means they've done a 'good job', doesn't translate to a well performing economy.

[BlackPeter]

The Dow has held up well the last couple of weeks,hasn't been hammered in a little while.Perhaps we have seen the bottom of this?

Market does not price in so far the long term impact of the virus and we haven't even seen the peak of the first wave of infections (and deaths) in the so called first world. Wait for the deaths to pile up to a handful of millions - and wait for the developing nations to catch up. Wait for the likely second and third wave of the virus going through, unless the Trumps and the Johnsons of the world change their game. Wait for months or a year or two with unprecedented unemployment numbers and business interruptions.

If that's over, it might make sense to look for the bottom.

My favorite analyst described the current situation as the "eye of the hurricane". In my view not yet the time to relax ...

[Joshuatree]

Good thoughts there ta BP. Having said that there are always over run opportunities to maybe take a starter holding in but im preserving most of my cash atm.

Im assuming this is he, if so thanks.It is a good read
April's Market Outlook: Is This the Eye of the Hurricane ...www.thestreet.com › investing › aprils-market-outlook-is-this-the-eye...

[BlackPeter]

Good thoughts there ta BP. Having said that there are always over run opportunities to maybe take a starter holding in but im preserving most of my cash atm.

Im assuming this is he, if so thanks.It is a good read
April's Market Outlook: Is This the Eye of the Hurricane ...www.thestreet.com › investing › aprils-market-outlook-is-this-the-eye...

Not quite, but this is a good read as well. I was referring to David Bassanese's weekly update:

https://www.betashares.com.au/insigh...-of-the-storm/

He might not be that famous, but he is closer to home.