Pretty sure they call it a sell off because they sell lower than the current value and in bulk. It is a significant event when Governments do it. Generally shows lack in confidence in the future value.
Pretty sure they call it a sell off because they sell lower than the current value and in bulk. It is a significant event when Governments do it. Generally shows lack in confidence in the future value.
....but for every seller there’s been a buyer .....showing confidence in future value?
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
....but for every seller there’s been a buyer .....showing confidence in future value?
You are absolutely right Winner, I it's a test of minds. The ones with low tolerance for volatility sell and the ones who see value at discount buy. At the end of the day every share still has an owner, might just not be a happy owner though.
just a quick update why i have time , the us is the only major market up for the year now. two assumptions it remains that way or it catches up with every other market on the down side. im in number two a retest of the feb lows. By the way nz is way overvalued still relative to other markets. anyway back to the holiday.
Hmm - NZX50 dipped again below the MA200 - though it felt that some of the stocks I am watching started to improve again towards the end of the day ...
Needs still confirmation ... but we certainly do live in interesting times ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Originally Posted by Valuegrowth
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