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Thread: Black Monday

  1. #4521
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by bull.... View Post
    correction might be over
    what correction?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  2. #4522
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    Quote Originally Posted by BlackPeter View Post
    what correction?
    29/8 - 10/9
    For clarity, nothing I say is advice....

  3. #4523
    ShareTrader Legend bull....'s Avatar
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    26000 on the dow key level to watch , think i mentioned on here amd many mths back , can you believe it $32 now
    one step ahead of the herd

  4. #4524
    ShareTrader Legend bull....'s Avatar
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    26000 worked out well , what made it more special was the bearish bar yesterday failed to follow thru today so we might be in the early stages of a short squeeze now target 26600 i reckon if it pans out.

    fedelity offering zero fee etf now .... gee nz expensive lol

    https://www.cnbc.com/2018/08/01/fide...ndex-fund.html
    one step ahead of the herd

  5. #4525
    ShareTrader Legend bull....'s Avatar
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    trump smacks another 200billion tarriffs

    https://www.bloomberg.com/news/artic...d=premium-asia
    one step ahead of the herd

  6. #4526
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    Argh ikr. Im just waiting with about 60% cash for things to turn to poo so i can dive in... hmmm that choice of words was bad in that analogy.

    The thought of the opportunity cost is really bothering me, but i just don't want to risk too much trying to time when it hits the fan (more poo analogy, sorry).

    It's wrong but I'm craving Trump to hurry up and #^%@ it all up so we can get it over with, or better yet, get impeached and removed... because you know the first person that gets in after that mess will gleefully revolve everything he's been doing.

    My gut tells me that things will keep ticking along for another round of his presidency and I'm probably going to end up missing out on the gains I need to achieve my financial goals. I also suspect that Jacinda will get another go around as well, which brings more erratic, poorly thought out policy.

  7. #4527
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    Quote Originally Posted by JBmurc View Post
    https://www.youtube.com/watch?v=QIELN8C-7bQ

    worth a watch exact same is happening here in NZ and around the world
    https://www.youtube.com/watch?v=smPR0s2W-Ck

    Aussie down 11 months in a row now, Sydney down 5.6% from a year ago.

  8. #4528
    IMO
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    Thanks tipsy, a good (scary) watch. 40% plus predicted prop price drops in Aus.
    $1.7 trillion tied up in house mortgages a debt bomb ,more mortgage distress, foreclosures up 600% in some areas.
    One million home owners suffering serious mortgage distress
    Half of all home owners trying to refinance are being knocked back.
    Interest rates rising for people with no wriggle room
    Interest only loans being switched by banks to interest and principle
    Banks trying to keep foreclosure sales secret.

  9. #4529
    ShareTrader Legend bull....'s Avatar
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    the market likes tarriffs

    still on target
    one step ahead of the herd

  10. #4530
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    The market is fine with it, but the economy might not be. Im waiting to see how that pans out, might take a year to see the results

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