Black Monday

[skid]

Dead right mate and if they go up by another 300% I'll be back in the blue.

Coutts ,you are a real eccentric--I hope no one is taking you seriously as it is dangerous---did you get around to reading post #64?

Those who bought big awhile back are the real smart ones--they bought CASH with SHARES

[Hoop]

The buying drought is over ...It's raining (dead?) cats and dogs now

[Beagle]

The buying drought is over ...It's raining (dead?) cats and dogs now

That's got to be the post of the entire thread...LOL absolute classic. Suckers rally or dead cat bounce take your pick.

[couta1]

Coutts ,you are a real eccentric--I hope no one is taking you seriously as it is dangerous---did you get around to reading post #64?

Those who bought big awhile back are the real smart ones--they bought CASH with SHARES

Hey Skid I bought TTk at $2.80 and SLi at $2.25 so I'll let you do the maths to see if I'm serious or not, its not dangerous its just honesty.

[Schrodinger]

Hey Skid I bought TTk at $2.80 and SLi at $2.25 so I'll let you do the maths to see if I'm serious or not, its not dangerous its just honesty.

Aussie market looking ok considering. Stocks like FXL up a nice amount. Dead cat bounce?

[Daytr]

I agree Hoop, I think selling opportunity. ASX200 is up over 5.5%!
The more I think about it, the more I think about what is happening around the oil market and how the global economy has been built on oil.
That risk with oil is still out there & coal obviously.
Lots of debt, lots of derivatives.
China is really the only reason the global economy has any semblance of growth in the last seven years.
Maybe we need a real meltdown as propping up markets and bail outs just defer the problem and nothing changes and nobody learns.

[LAC]

Thanks for some of the advice, I think once I actually posted on this thread I seem to have gotten a few replies from people who are holding/buying. Prior to that all I was reading was gloom and it kind of made me think twice (am I really doing the right thing when everyone else is selling) But as NZsilver/Roger have noted, I am not in a hurry to get access to the funds. I may actually look at purchasing a few more this week. I have learnt a few things from people on this site in the past couple weeks, thanks to them as well.

[Major von Tempsky]

That's a blow for The World According to Andrew Little - the Australian sharemarket has gone up....

[Arbitrage]

What is Buffett doing?

[trader_jackson]

ASX up 2.1%, NZX 50 down less than 0.5%, one of the biggest market swings I have seen, not surprising because things "were getting silly"... expecting NZX to be in the green by the end of the day (we've already moved up 2%, lets move up another 2!)

Correction 2.6%... hard to keep up..