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Thread: Black Monday

  1. #3691
    Speedy Az winner69's Avatar
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    Quote Originally Posted by bull.... View Post
    did anyone notice the dow dropped 666 points ....
    Biggest one day fall since sometime in 2016 I heard on telly

    What’s happened since that dreadful day?

    No worries

    But bull.. et al love these big daily swings eh ...I just love the relentless up trend
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #3692
    Dilettante
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    Quote Originally Posted by winner69 View Post
    Biggest one day fall since sometime in 2016 I heard on telly

    What’s happened since that dreadful day?

    No worries

    But bull.. et al love these big daily swings eh ...I just love the relentless up trend
    Yellen says fully priced but no bubble. As you'd say winner, NO WORRIES

  3. #3693
    percy
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    It is at times like this we seek inspiration.
    I think we need to go no further than Alfred E Neuman's wise words;"What Me Worry ?"

  4. #3694
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    Quote Originally Posted by percy View Post
    It is at times like this we seek inspiration.
    I think we need to go no further than Alfred E Neuman's wise words;"What Me Worry ?"
    Ah yes.. The immortal Alfred E Neuman .. A wise man indeed..

  5. #3695
    Speedy Az winner69's Avatar
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    From FactSet ....says things are all honky dory

    No worries


    To date, 50% of the companies in the S&P 500 have reported actual results for Q4 2017. In terms of earnings, more companies are reporting actual EPS above estimates (75%) compared to the five-year average. In aggregate, companies are reporting earnings that are 4.0% above the estimates, which is below the five-year average. In terms of sales, more companies (80%) are reporting actual sales above estimates compared to the five-year average. If 80% is the final number for the quarter, it will mark the highest percentage of S&P 500 companies reporting positive sales surprises since FactSet began tracking this metric in Q3 2008. In aggregate, companies are reporting sales that are 1.4% above estimates, which is also above the five-year average.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #3696
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    Sometimes I don't understand market panic. The sp500 and Dow are still both higher than they were at the beginning of the year. Before last week they were up 6% for the month of Jan which was ridiculous and needed a pullback

  7. #3697
    Speedy Az winner69's Avatar
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    Old saying .... what goes January goes for the year

    If US markets up in January then full year up (more than 70% of the time) ......and full year often up 20% plus

    No worries

    https://www.cnbc.com/2018/02/01/best...-the-year.html
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #3698
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by winner69 View Post
    Old saying .... what goes January goes for the year

    If US markets up in January then full year up (more than 70% of the time) ......and full year often up 20% plus

    No worries

    https://www.cnbc.com/2018/02/01/best...-the-year.html
    yea true and another statistic a very good january is usually followed by a bad february
    one step ahead of the herd

  9. #3699
    Speedy Az winner69's Avatar
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    Quote Originally Posted by bull.... View Post
    yea true and another statistic a very good january is usually followed by a bad february
    So you will be having fun and making heaps then eh bull...
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #3700
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by winner69 View Post
    So you will be having fun and making heaps then eh bull...
    of course ill be trying , the aim of any investment is to make money isnt it ..... so with a well diversified portfolio one should be able to make money whether the market goes up or down except in years like 1987 2007 etc .
    one step ahead of the herd

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