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Thread: Black Monday

  1. #5251
    always learning ... BlackPeter's Avatar
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    Anybody watching the BEAR and the Strong Bear (BBOZ) on the ASX? They've been flat-lining for a couple of days but now it feels they are bouncing off the MA200. Next downturn of the markets - and bear-spring is in the air?

    Obviously - it will take some days before we know whether the bears continue their march, or whether this is just a dead-bear bouncing.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  2. #5252
    ShareTrader Legend bull....'s Avatar
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    markets still thinking about which way to go below resistances
    one step ahead of the herd

  3. #5253
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    Brexit vote is in. Looks like a hard Brexit is on the cards. I would expect turmoil in the markets...

  4. #5254
    Speedy Az winner69's Avatar
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    Quote Originally Posted by blobbles View Post
    Brexit vote is in. Looks like a hard Brexit is on the cards. I would expect turmoil in the markets...

    Maybe for a few hours

    All back to normal tomorrow
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #5255
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    Its built in somewhat isn't it. S &P 500 up .82% atpit. Vote of no confidence tomorrow by the looks.

  6. #5256
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by winner69 View Post
    Maybe for a few hours

    All back to normal tomorrow
    I guess the outcome should not come as a surprise anyway. Only problem might be - there is no plan B ... and markets hate uncertainty.

    Interesting times
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  7. #5257
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    Quote Originally Posted by blobbles View Post
    Brexit vote is in. Looks like a hard Brexit is on the cards. I would expect turmoil in the markets...
    Pound has strengthened which suggests to me a new referendum or softer Brexit deal is considered more likely. Lots of ways this could go now though...

  8. #5258
    ShareTrader Legend bull....'s Avatar
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    broke above 200 but still plenty of resistance in and around 2600 - 2640
    one step ahead of the herd

  9. #5259
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    It appears that this thread almost made it onto the second page. Better put a stop to that.

    It would be interesting to graph the posts per day on this thread over the last few years. It would be a good fear index and in hindsight an indicator of when to buy 😂

  10. #5260
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    2nd page of what?

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