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Thread: Black Monday

  1. #4491
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    Quote Originally Posted by peat View Post
    Um, no.
    If this is the longest then it hasn't happened before. Hence some nervousness might be reasonable?

    However there's also a theory that new highs are bullish.
    Um. Um.. ???.. Both up the same creek !!.. Armed with paddles.. Up !!.. or .. Down ????..

  2. #4492
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    Dow breaks through 26k, S&P at 2894! Big Bulls bulling.

  3. #4493
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    1 trillion in buy backs , earnings up 20% , pe ratio falling all the time , trade deals happening .... still the most hated bull market in history

    althought i see the 500 is at the top of the channel again, see what happens
    Last edited by bull....; 28-08-2018 at 05:14 AM.
    one step ahead of the herd

  4. #4494
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    Quote Originally Posted by bull.... View Post
    1 trillion in buy backs , earnings up 20% , pe ratio falling all the time , trade deals happening .... still the most hated bull market in history

    althought i see the 500 is at the top of the channel again, see what happens
    When it's all too good to be true and the shoe shine boys and taxi drivers are talking their book then eyes on for the exit. A great time to sell some into strength. Unload on the reversal, when it comes. Caveat emptor.

  5. #4495
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    Quote Originally Posted by Baa_Baa View Post
    When it's all too good to be true and the shoe shine boys and taxi drivers are talking their book then eyes on for the exit. A great time to sell some into strength. Unload on the reversal, when it comes. Caveat emptor.
    Good advice BB.When nothing can go wrong,it will Caveat emptor

  6. #4496
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    2900 S&P has broken through, Dow and Nasdaq up again... boom times.

  7. #4497
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    us analysts targets are still 3000 - 3200 for the s&p500 this end of year
    one step ahead of the herd

  8. #4498
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    one step ahead of the herd

  9. #4499
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    Don't be tempted. I've just been to a bank over here (Argentina)and they've all run out of USD. They were advertising 1 months fixed deposit with 35% interest pa. Supermarkets closing down for a few days as they don' t know what to sell their goods for in order to have enough cash to restock at unknown prices. Many over here have mortgages in USD or tied to USD and inflation. One of my colleagues just told me his mortgage has gone up 25% in the last 2 days. Terrible situation and people are in great panic.

  10. #4500
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    Quote Originally Posted by bull.... View Post
    60% interest rates in argentina .... tempting
    Would be in local currency so devaluation would kill you.

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