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Thread: Black Monday

  1. #3711
    Legend Balance's Avatar
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    Quote Originally Posted by bull.... View Post
    nbr has a headline already .............. nz shares to plunge
    Yup - you read it first from The Authority!

  2. #3712
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    $14,000,000 turnover so far. Very minuscule so show the 1.4% drop

  3. #3713
    Divorced from logic Hectorplains's Avatar
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    Quote Originally Posted by Ggcc View Post
    $14,000,000 turnover so far. Very minuscule so show the 1.4% drop
    Yes, more like mousy grey than black

    Interestingly it's hitting different sectors here than the US. I was expecting utilities but the bigger decreases are in tech and Ag export stocks.

  4. #3714
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    Big end of town on holiday today ......so not much action
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #3715
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    Quote Originally Posted by winner69 View Post
    Big end of town on holiday today ......so not much action
    How the ASX opens will determine sentiment here. Bigger falls there are likely to have NZX follow suit. I wouldn't be surprised if the current 1.5% ends up at 2.5 - 3% down on the day.

  6. #3716
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    Quote Originally Posted by Hectorplains View Post
    How the ASX opens will determine sentiment here. Bigger falls there are likely to have NZX follow suit. I wouldn't be surprised if the current 1.5% ends up at 2.5 - 3% down on the day.
    This could be the time that EFTs cause heaps of trouble ......as managers try to keep things in balance with the indices
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #3717
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    yeah, ASX will drop which again will push us down.
    Question is, who is topping up?

  8. #3718
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    wall st showing another 200 - 300 pt fall tonight at the moment
    one step ahead of the herd

  9. #3719
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    Quote Originally Posted by flyer View Post
    yeah, ASX will drop which again will push us down.
    Question is, who is topping up?
    I'm looking to. But not getting too excited yet.

  10. #3720
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    Quote Originally Posted by Grimy View Post
    I'm looking to. But not getting too excited yet.
    I've done quite a bit this morning, but with our market closed tomorrow, waiting till Wednesday seems prudent to see where the US heads over the next day or so. PS-A2 not down nearly enough for a top up.
    Last edited by couta1; 05-02-2018 at 12:04 PM.

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