Black Monday

**bull....** · 26-10-2023, 08:46 AM

Originally Posted by winner69

Guru Jeremy Grantham: "In the U.S., the three near perfect markets with crazy investor behaviour and 2.5+ sigma overvaluation have always been followed by big market declines of 50%. The current superbubble features a dangerous mix of cross-asset overvaluation."

Jeez ..not good, bad times ahead?

yea the relationship to bonds is out of whack

**SailorRob** · 26-10-2023, 08:51 AM

Originally Posted by Daytr

Yawn ........

Just reply and say, oh yeah... I stuffed that up, I was confused by the fact that anything can only go down 100% but up unlimited %

Don't try cover your tracks on a public forum, just look pathetic.

We are all here to learn, even if it is day trading our kiwisaver funds.

**Daytr** · 26-10-2023, 09:19 AM

Originally Posted by SailorRob

Just reply and say, oh yeah... I stuffed that up, I was confused by the fact that anything can only go down 100% but up unlimited %

Don't try cover your tracks on a public forum, just look pathetic.

We are all here to learn, even if it is day trading our kiwisaver funds.

I was falling asleep, but I'm wide awake now as it's comedy hour.

I hope that was the final punchline otherwise I will be back to yawning quick smart.

**Daytr** · 26-10-2023, 10:07 AM

Excellent earnings result from Meta.

**bull....** · 26-10-2023, 10:54 AM

Originally Posted by Daytr

Excellent earnings result from Meta.

nah they just said advertising staRTING TO SOFTEN FOR THEM

**bull....** · 26-10-2023, 02:35 PM

failed to close above support at end of day
after hr's action pretty bad on poor earnings
plunge tonight ? to confirm the breakdown ?

**Daytr** · 26-10-2023, 04:44 PM

Originally Posted by bull....

failed to close above support at end of day
after hr's action pretty bad on poor earnings
plunge tonight ? to confirm the breakdown ?

Yep chart not looking great now. Needs to flip back above quick smart or could go test quite a bit lower. This could be the final push lower imo.
Time will tell.

Note the DOW is still holding support.
Nasdaq & S&P broken below

**Muse** · 26-10-2023, 04:51 PM

In good news - the yield of my portfolio has gone up a lot today.

In bad news - thats just because the value of my shares went down.

Whoo hoo.

**bull....** · 27-10-2023, 05:06 AM

Originally Posted by Daytr

Yep chart not looking great now. Needs to flip back above quick smart or could go test quite a bit lower. This could be the final push lower imo.
Time will tell.

Note the DOW is still holding support.
Nasdaq & S&P broken below

dow just broken supports too now .... timber