Black Monday

[bull....]

hot CPI , initial market reaction savage on the downside. june rate cut disappearing. anyway time to play fortnite and watch the action lol the team awaits

[visionary]

hot CPI , initial market reaction savage on the downside. june rate cut disappearing. anyway time to play fortnite and watch the action lol the team awaits

I have had a 6-figure short on the ASX Index since Feb 16th, it would be nice to observe my market prediction take place - I am certainly not getting a lot of profit elsewhere since exitting GTK at $5.99 for a 45% ROI.

ERD is a train wreck, SML has continued to be a basketcase since they started on their PC clean green machine garbage approach to running a company, THL will be great long term but has not shone through, and SAN has done the opposite of what I thought it would do since buying at the start of COVID.

Fortunately, my ASX investments have kept my head above water and my reputation with my wife intact.

Just gimmie 10%, oh please kind sir, I deserve some bread and water too

[Daytr]

hot CPI , initial market reaction savage on the downside. june rate cut disappearing. anyway time to play fortnite and watch the action lol the team awaits

It's been a good few days playing from the short side, however have learnt when short take profit even if leaving money on the table.

Dare I say it, does a rate hike come back to the table? Unless their is peace in the mid/east it's hard to see oil coming back any time soon.

I always thought it was mad that the US was talking nearby cuts when their stock markets were screaming higher to new records every day or so.

[bull....]

It's been a good few days playing from the short side, however have learnt when short take profit even if leaving money on the table.

Dare I say it, does a rate hike come back to the table? Unless their is peace in the mid/east it's hard to see oil coming back any time soon.

I always thought it was mad that the US was talking nearby cuts when their stock markets were screaming higher to new records every day or so.

all the money was made in the 15mins after announcement , pretty choppy after that. Im surprised your not following the short term trend down. historicaaly days before tax due date are normally down i believe and got PPI tomorrow. but i get sometimes better to take whats given

[Leemsip]

I have had a 6-figure short on the ASX Index since Feb 16th, it would be nice to observe my market prediction take place - I am certainly not getting a lot of profit elsewhere since exitting GTK at $5.99 for a 45% ROI.

ERD is a train wreck, SML has continued to be a basketcase since they started on their PC clean green machine garbage approach to running a company, THL will be great long term but has not shone through, and SAN has done the opposite of what I thought it would do since buying at the start of COVID.

Fortunately, my ASX investments have kept my head above water and my reputation with my wife intact.

Just gimmie 10%, oh please kind sir, I deserve some bread and water too

Hard to make money on the NZX at the mo... Im mostly ASX
What stocks and themes are you playing on the ASX?

[Daytr]

all the money was made in the 15mins after announcement , pretty choppy after that. Im surprised your not following the short term trend down. historicaaly days before tax due date are normally down i believe and got PPI tomorrow. but i get sometimes better to take whats given

In and out twice in quick time has worked very well so far.
Will look to re-enter again at some point.

[Valuegrowth]

https://www.reuters.com/breakingview...ve-2024-04-10/

"The stock price of China Tianrui Group Cement plunged 99% in 15 minutes before Hong Kong’s stock market closed on April 9, slashing the Henan-based cement maker’s market value to only HK$141 million from HK$14.6 billion ($1.9 billion)."

[Filthy]

The stock price of China Tianrui Group Cement plunged 99% in 15 minutes[/IMG]

geez, that makes SML's 94% drop in 5 Years look good eh!

[Filthy]

I guess that depends on if you prefer a death by a thousand cuts or by guillotine though....

[Joshuatree]

Japan has taken 34 years to reach its peak from back then , in the last few days! Deflation has been its problem most of the time.