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Thread: Black Monday

  1. #5741
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    I don’t look until I get a CNBC notification that tells me that the DOWN and S&P500 have risen...pointless following when it is depressed....safe only because the capital is not needed for at least 3 to 5 years and dividends are still being paid.....this market is beyond predictable and is certainly not to be trusted.

  2. #5742
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    China and US back on the table to negotiate....this is the game...only the brave one will enjoy the current market....

  3. #5743
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by King1212 View Post
    China and US back on the table to negotiate....this is the game...only the brave one will enjoy the current market....
    Or those invested in Gold/Silver Equities
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  4. #5744
    ShareTrader Legend Beagle's Avatar
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    Yeap the silver in my portfolio has been a star performer lately after so many years of being a dog. Trouble is its been so doggy over so many years I've never added to it and its now under 1% of my portfolio so even a decent move won't move the portfolio needle. We really need to see Silver up back up at over $40 an ounce to break out of this multi year malaise.
    Last edited by Beagle; 26-08-2019 at 10:22 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  5. #5745
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by Beagle View Post
    Yeap the silver in my portfolio has been a star performer lately after so many years of being a dog. Trouble is its been so doggy over so many years I've never added to it and its now under 1% of my portfolio so even a decent move won't move the portfolio needle. We really need to see Silver up back up at over $40 an ounce to break out of this multi year malaise.
    Yes too bad you weren't adding when tapping on their lows .. personal I still don't hold any pure Silver plays as I still think GOLD companies are a safer bet ... but I do hold a few companies than have silver as part of their portfolio of resources in projects
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  6. #5746
    ShareTrader Legend bull....'s Avatar
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    us markets held within the ranges. only means now when the inevitable break comes it will be swift
    one step ahead of the herd

  7. #5747
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    Was hoping the market ŵould keep tanking for bit. All markets need a damn good shakeout and the quicker it happens the better. Get it over with.

  8. #5748
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    Quote Originally Posted by ratkin View Post
    Was hoping the market ŵould keep tanking for bit. All markets need a damn good shakeout and the quicker it happens the better. Get it over with.
    If only. More likely in the current climate, a long period of fluctuating euphoria and gloom depending on the tweeting mood of You Know Who.

  9. #5749
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    Notorious market manipulators UBS urge clients to sell stocks, I'd trust a bull in a China shop a lot more than this lot.

  10. #5750
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    Quote Originally Posted by couta1 View Post
    Notorious market manipulators UBS urge clients to sell stocks, I'd trust a bull in a China shop a lot more than this lot.
    We all know the drill - they have already sold down and are now trying to spook the markets into selling back to them cheaper.

    Reminds me of what Merill Lynch did years ago with Vietnam - they bought heavily into that country in the mid 2000s, pushed the market there up and then, issued a worldwide recommendation to invest in Vietnam. When everybody else bought in, they sold and it crippled the Vietnamese stockmarket for over 5 years!

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