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Thread: Black Monday

  1. #41
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    so far...its just mid to dark grey Monday

    Ive always had this theory that having the weekend to ''get used''to it helps take the edge off.

    I see futures are still in the red ,but are looking better so who knows----Sometimes Im amazed at how optimistic the US can be in shrugging off pretty bad news--As was alluded to in another thread,I agree that the worst thing is for stocks to settle into a consistent slow gradual fall. (death by strangulation)
    Last edited by skid; 24-08-2015 at 01:26 PM.

  2. #42
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    Default What are the futures and Asian markets saying right now ?


  3. #43
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    Chinese A shares futures are falling like a stone. Down about 4-5% and market opens in 7 minutes.

  4. #44
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    China down 3.83%---lets see if the Chinese gov. deciding to pour pension funds into the stock market helps...

  5. #45
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    Quote Originally Posted by Nasi Goreng View Post
    Chinese A shares futures are falling like a stone. Down about 4-5% and market opens in 7 minutes.
    Oh dear...anyone been following Gold lately.
    cks

  6. #46
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    Quote Originally Posted by easy money View Post
    Oh dear...anyone been following Gold lately.
    Why ??? the "oh dear"

  7. #47
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    NZ market doing pretty well all things considered. Shanghai down 7.04% currently. S&P futures down just under 1% on top of Friday's decline.

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    Quote Originally Posted by KW View Post
    Apparently the Chinese Govt has now "allowed" the State Pension Fund to buy shares. Talk about pissing away a country's life savings.
    This not a good sign..http://www.domain.com.au/news/weaker...150824-gj603y/
    cks

  9. #49
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    Quote Originally Posted by KW View Post
    Apparently the Chinese Govt has now "allowed" the State Pension Fund to buy shares. Talk about pissing away a country's life savings.
    Yes but they have "plenty" so who cares. Would be worse today without that investment fund rule relaxation over the weekend. Main Chinese index is still up over 50% in the 12 months to date. Maybe the Chinese authorities should have managed the initial bubble better ?
    Last edited by Beagle; 24-08-2015 at 02:18 PM.

  10. #50
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    Quote Originally Posted by easy money View Post
    And this is not much better...http://www.smh.com.au/business/marke...23-gj5zqf.html
    cks

  11. #51
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    Shanghai Index continues its collapse this morning
    123.jpg

  12. #52
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    Hmm The ASB securities website has **** itself. Now that's not a good sign.

  13. #53
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    Quote Originally Posted by IAK View Post
    Hmm The ASB securities website has **** itself. Now that's not a good sign.
    Was going to say this myself. ASB securities has gotten *quite* slow today...

  14. #54
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    Quote Originally Posted by IAK View Post
    Hmm The ASB securities website has **** itself. Now that's not a good sign.
    Not to good at all..http://www.bbc.com/news/business-34037122
    cks

  15. #55
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    Mkt declines in 2015 courtesy of Craigs various indices
    NZ -5.3%
    US -7.5%
    UK -12.9%
    Europe -12.7%
    Aus -12.8%
    "While the Nz mkt will not be immune to the moves we are seeing offshore we expect it to be less volatile"
    Emg mkt -23.9%
    NZD/USD -14,7%
    WTI oil -34.6%

  16. #56
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    Quote Originally Posted by KiwiGekko View Post
    Was going to say this myself. ASB securities has gotten *quite* slow today...
    It's back up, no worries.

  17. #57
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    Quote Originally Posted by KW View Post
    Think that's bad - check out the small cap losses on the ASX today - double digits down!
    Please..no more..http://kingworldnews.com/3-new-incre...-greece-china/
    cks

  18. #58
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    Another 200 pts or so and ASX200 will be in a bear market.

  19. #59
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    Article from Craigs ' The correction has finally arrived." http://blog.craigsip.com/the-correction/
    They believe the NZX50 may be more resilient than many other markets.

  20. #60
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    Woah, German DAX futures are pointing towards opening at 9670, thats 450 pts lower than Fridays close.

    This could very well be capitulation day. S&P500 will have its first correction in years, buyers may come in late in the day Monday or on Tuesday... or they might not.

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