Black Monday

[LAC]

LOL over here too. We should have a competition on who can loose the most. Me down about 280k from top, but still in the green about 190k thanks to ATM. Sold HLG to buy ATM, it was like jumping off the up escalator onto the down escalator.

Phew, feel a lot better reading this, my retirement sector has taken an absolute hammering and in some serious red but the others have stayed in the green (exception being Turners)

[blackcap]

Phew, feel a lot better reading this, my retirement sector has taken an absolute hammering and in some serious red but the others have stayed in the green (exception being Turners)

Yeah and now 15 mins after market, the Nasdaq is down 110 and the Dow down 105. What is going on with these markets.

[sb9]

Good earnings beat by Amazon, Alphabet (Google) and Intel should help boost sentiment (tech).

[bull....]

Good earnings beat by Amazon, Alphabet (Google) and Intel should help boost sentiment (tech).

the narrative has changed. its now sell on the news , sell the rallies mode see what happens when we hit feb lows

[Beagle]

Dead cat bounce or the first sign of the correction coming to an end ? That's the $64,000 question ! (or for some much higher numbers than that).
Outlook is the concern https://www.cnbc.com/world/?region=world

[bull....]

Dead cat bounce or the first sign of the correction coming to an end ? That's the $64,000 question ! (or for some much higher numbers than that).
Outlook is the concern https://www.cnbc.com/world/?region=world

tanking in after market now after those amazon cfo comments

[blackcap]

tanking in after market now after those amazon cfo comments

Yeah all the gains of the day pretty much wiped out in the after market (Nasdaq) Dow still up a bit. A lot of volatility around at the moment. Will be interesting to see where NZ, Australia and Asia go from here.

[bull....]

Yeah all the gains of the day pretty much wiped out in the after market (Nasdaq) Dow still up a bit. A lot of volatility around at the moment. Will be interesting to see where NZ, Australia and Asia go from here.

bounces are to be expected from oversold levels. even if temporary. if your not fast your last is the motto

[NZSilver]

A lot less upside potential cf downside risk at this present time. Preserve some capital, pay down debt. The real money is made a lot further along from this point - when a bear market begins its uptrend. Macro economics - all topics discussed above but notably corporate debt, and for NZ - China slowdown could have huge impact on our economy. 25% of our exports go to China, we are well and truely connected to their economy.

[BlackPeter]

A lot less upside potential cf downside risk at this present time. Preserve some capital, pay down debt. The real money is made a lot further along from this point - when a bear market begins its uptrend. Macro economics - all topics discussed above but notably corporate debt, and for NZ - China slowdown could have huge impact on our economy. 25% of our exports go to China, we are well and truely connected to their economy.

... and China is still gowing with 6.5%. Shudder - imagine this would happen to our economy ;