Black Monday

[pak]

Fairly strong rebound in progress. Even more tempting for tomorrow. I'm not participating though. More than happy to watch.

[easy money]

Fairly strong rebound in progress. Even more tempting for tomorrow. I'm not participating though. More than happy to watch.

http://www.cnbc.com/pre-markets/?trk...rkets:17689937
Futures once again looking good...I note that crude is back above $40.00..

[Hoop]

Apparently only $3.2T has been erased from the World equity markets since China devalued its Yuan during August...Markets rise when there is enough "available money" ..so they say everything is OK as investors are buying up large atm...that's nice ...Hmmm I wonder where all that money is coming from..

Did a bit of Googling as it seems some media people are losing their money perspectives...

If you stack $1T worth of one dollar bills on top of each other The height of the stack would measure 67,866 miles.

3.2T x 67866 = 217,171 miles high ...Earth to the moon 238,855 miles...damn not enough one dollar bills.

whats more scary are the scale of very large companies...
e.g...$3.2T that is $3,200,000,000,000 is 6 times larger than Apple..

So people ..don't stop buying smart phones,,,if you do us poor investors will suffer another global crash

[trader_jackson]

Another fantastic rally occurring as I type, who ever shorted the dow won't be having to much fun, hopefully back to 17k by Saturday morning, nzx and asx should have another moderate lift

[pak]

May look inviting. Some pretty wild swings if you ask me. Exactly what crashes are all about. Spin the wheel you might get lucky.

[couta1]

May look inviting. Some pretty wild swings if you ask me. Exactly what crashes are all about. Spin the wheel you might get lucky.

I'm going to spin it today, get amongst it I reckon, makes life more interesting.

[Joshuatree]

Yes pak . Biggest two day gain since 2008. Volatility plus. Wild and swinging times; i feel a hippie era coming on and an urge to dig out my Grateful Dead records and my peace medallions; tune in and drop out for a while.Hoarding my gains as well; no temptation unless PGW drops below 40c x div

[nextbigthing]

I'm going to spin it today, get amongst it I reckon, makes life more interesting.

Couta my dear ST friend. Do you think this is investing or gambling?

[couta1]

Couta my dear ST friend. Do you think this is investing or gambling?

Loading up on a stock about to pay a good divvy ain't gambling especially if the price is discounted.

[pak]

He said he was spinning, so sounds like he's gambling. Good luck.