Black Monday

[Valuegrowth]

Sell-off or different types of panic create great opportunities for those who have very good knowledge about industries and companies that they follow. In other words they create great opportunities for intelligent investors. Currently some opportunities are creating worldwide.

No matter whether we agree with the individual parameters, this is an outstanding analysis! Thanks for sharing.

Confirms as well my view that Deutsche Bank is currently undervalued ... need to work on finding a simple and cost effective way to buy European shares!

BTW ... it is Deutsche Bank ...

[Mush]

Seeing some divergence in the NZD and NZX today. Kiwi is testing the 71c barrier to the downside and NZX up 0.4%.

US markets open after a long weekend tomorrow which should be interesting.

[NeverQuestion]

Decided to go 100% NZ Cash Fund for my KiwiSaver so ready for the crash

[BlackPeter]

Decided to go 100% NZ Cash Fund for my KiwiSaver so ready for the crash

What crash? Anything we missed?

[NeverQuestion]

What crash? Anything we missed?

Nope, just being paranoid of the Month

(Black Monday refers to Monday, October 19, 1987)

Here are a few others in October :

Panic of 1907 Oct 1907

Wall Street Crash of 1929 24 Oct 1929

Friday the 13th mini-crash 13 Oct 1989

October 27, 1997, mini-crash 27 Oct 1997

Stock market downturn of 2002 9 Oct 2002

https://en.wikipedia.org/wiki/List_o...d_bear_markets

[fungus pudding]

Nope, just being paranoid of the Month

(Black Monday refers to Monday, October 19, 1987)

Here are a few others in October :

Panic of 1907 Oct 1907

Wall Street Crash of 1929 24 Oct 1929

Friday the 13th mini-crash 13 Oct 1989

October 27, 1997, mini-crash 27 Oct 1997

Stock market downturn of 2002 9 Oct 2002

https://en.wikipedia.org/wiki/List_o...d_bear_markets

But the real ripper was October 1987.

[winner69]

Seeing some divergence in the NZD and NZX today. Kiwi is testing the 71c barrier to the downside and NZX up 0.4%.

US markets open after a long weekend tomorrow which should be interesting.

Obviously they didn't have a good long weekend and took it out on the markets

[Mush]

Obviously they didn't have a good long weekend and took it out on the markets

The wives must have spent too much on the credit cards in the Columbus Day sales, forcing some re-positioning

[arc]

A lot of nervousness in the American market at the moment.

[Leftfield]

A lot of nervousness in the American market at the moment.

Take a look at the UK too!! Sterling struggling.