Black Monday

[LAC]

This thread has been going since 23-8-2015 and proves that the saying "after all said and done,there is more said than done"is correct.

This is a great thread, especially when going back too see all the gloomy comments. I think as long as I buy good shares I will be "safe". They may not be the best performing in the short term but long term they will outperform the gloom....I hope

[Ace]

This is a great thread, especially when going back too see all the gloomy comments. I think as long as I buy good shares I will be "safe". They may not be the best performing in the short term but long term they will outperform the gloom....I hope

Exactly, I think the goal isn't to predict where the market is headed or if we think there is going to be a crash. As long as we find and invest in value and capitalize on the inefficiencies in the market we should be fine - and if we aren't I guess the rest of the world will be following right behind us hahaha.

[Lewylewylewy]

If you have $100m, you are rich, but if everyone has $100m, you are poor.

If shares drop in value and you're playing the long game you haven't lost anything if the company can survive a downturn and respond to changing markets.

However, it's useful to be able to predict drops because they present opportunities for long term investors or problems for short term investors.

[axe]

21/8/15 - nzx 50 5751.19
15/06/16 - nzx 50 6869.55

[bull....]

dow bounced of the bottom of the 3mth channel 17500 odd, beautiful price action needs go above 17750 I reckon to track back to the top at 18000 around

[skid]

If you have $100m, you are rich, but if everyone has $100m, you are poor.

If shares drop in value and you're playing the long game you haven't lost anything if the company can survive a downturn and respond to changing markets.

However, it's useful to be able to predict drops because they present opportunities for long term investors or problems for short term investors.

Exactly--In other words ''you cant have your cake and eat it too'' Assuming you get shares in a good company ,being able to see when the odds are in favor of a drop or gain will determine how many of those shares you get ,for X price....Joe Shmoe, who waited, will end up with more shares
to enjoy when the times are good.
''If you have 100m and most others lose some of theirs --you are really rich''

[drcjp]

If you have $100m, you are rich, but if everyone has $100m, you are poor.

If you have $100M and lose it, then you are Mike Tyson! :-)

But seriously, I think its the potential Brexit Trump combination thats got some going. Soros seems to think there's going to be carnage.

[winner69]

dow bounced of the bottom of the 3mth channel 17500 odd, beautiful price action needs go above 17750 I reckon to track back to the top at 18000 around

The sad and horrific killing of Jo Cox could swing the vote to remain ....and allay the fears of a Brexit

Might be risk on times again - the pound has already rebounded

Your 18000 seems certain i reckon.

[ratkin]

The sad and horrific killing of Jo Cox could swing the vote to remain ....and allay the fears of a Brexit

Might be risk on times again - the pound has already rebounded

Your 18000 seems certain i reckon.

Sad but true. Brexit had all the momentum. A mental health patient is going to change the course of history. Not for the first time

[sb9]

Sad but true. Brexit had all the momentum. A mental health patient is going to change the course of history. Not for the first time

Yeah, we live in interesting times don't we?