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30-10-2018, 08:03 AM
#4841
Interesting day coming up. Dow down over 500 points off its highs for the day so far, 2 hours to go, will it bounce back or continue its slide?
10 mins later make that 600 points off its highs.
Now more than 700 points off its highs. Its like a derailed train at the moment.
10 mins after that update, make that 800 off its highs. Net down 490 at the moment.
And just like that back to zero change.
Last edited by blackcap; 30-10-2018 at 09:05 AM.
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30-10-2018, 08:15 AM
#4842
 Originally Posted by blackcap
Interesting day coming up. Dow down over 500 points off its highs for the day so far, 2 hours to go, will it bounce back or continue its slide?
10 mins later make that 600 points off its highs.
this is really bearish price action
one step ahead of the herd
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30-10-2018, 08:16 AM
#4843
Very good day for US bank shares
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30-10-2018, 08:33 AM
#4844
the bull run from 2016 is dead , but the bull from 2009 is still intact , my analysis shows markets could have 20% corrections and still be in the bull from 2009. im watching all the potential double tops on us indices for potential crash warnings though. nz has had a double top too and potentially faces a much more severe crash than other markets i believe due to liquidity issues. funds facing redemption will crash prices as they have to sell into declining liquidity. hopefully it doesnt happen but it is a big red flag if it does.
one step ahead of the herd
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30-10-2018, 08:44 AM
#4845
Originally Posted by blackcap
Interesting day coming up. Dow down over 500 points off its highs for the day so far, 2 hours to go, will it bounce back or continue its slide?
10 mins later make that 600 points off its highs.
Now more than 700 points off its highs. Its like a derailed train at the moment.
10 mins after that update, make that 800 off its highs. Net down 490 at the moment.
wonder if we will get a 1000 pt turna round? mid terms coming up if trump loses i reckon a crash catayst it will be,
one step ahead of the herd
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30-10-2018, 08:49 AM
#4846
Originally Posted by bull....
wonder if we will get a 1000 pt turna round? mid terms coming up if trump loses i reckon a crash catayst it will be,
Amazing stuff eh
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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30-10-2018, 09:00 AM
#4847
Originally Posted by bull....
wonder if we will get a 1000 pt turna round? mid terms coming up if trump loses i reckon a crash catayst it will be,
Don't know what a "catayst" is ... but it sounds that you think we reallly need to keep a corrupt crook in office to inflate share prices a bit more before they crash. Sad.
I'd take my chances ...
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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30-10-2018, 09:08 AM
#4848
We need the corporate buybacks to recommence
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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30-10-2018, 09:11 AM
#4849
Originally Posted by bull....
wonder if we will get a 1000 pt turna round? mid terms coming up if trump loses i reckon a crash catayst it will be,
It got to over 900 points, but now the Dow is almost in positive territory. Interesting price action that is for sure.
Last edited by blackcap; 30-10-2018 at 09:19 AM.
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30-10-2018, 09:12 AM
#4850
Originally Posted by BlackPeter
Don't know what a "catayst" is ... but it sounds that you think we reallly need to keep a corrupt crook in office to inflate share prices a bit more before they crash. Sad.
I'd take my chances ...
The Don took all the credit for the rise in the sharemarket since he took office. I wonder if he will take the blame for the drops...…
Yeah Nah.
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