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Thread: Black Monday

  1. #6571
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    Quote Originally Posted by bull.... View Post
    The NZX 'circuit breakers' to keep stock market orderly

    https://www.nzherald.co.nz/business/...ectid=12317240

    must be worried about a crash
    The Oz regulator's message to large market participants was the most interesting thing in that article.

  2. #6572
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    Quote Originally Posted by waikare View Post
    Perhaps some good buying for those who may want to take a punt, at the moment I am sitting on the sideline waiting for NZX to level out.
    Well, I am in with a few low cheeky bids - fully expect the selected stocks to do well when fiscal stimulus package is announced this afternoon.

    Come and hit me, lemmings!

  3. #6573
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    Quote Originally Posted by Balance View Post
    Well, I am in with a few low cheeky bids - fully expect the selected stocks to do well when fiscal stimulus package is announced this afternoon.

    Come and hit me, lemmings!
    Freaking heck - 4.3% down.

    Where are the lemmings!

    Quote Originally Posted by bull.... View Post
    The NZX 'circuit breakers' to keep stock market orderly

    https://www.nzherald.co.nz/business/...ectid=12317240

    must be worried about a crash
    Come on, Bull.... - try harder to get the lemmings to jump over the cliff. What are you using - a dog whistle? Use a bull-horn!

    I am providing liquidity & waiting!
    Last edited by Balance; 17-03-2020 at 10:06 AM.

  4. #6574
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    Quote Originally Posted by Balance View Post
    Freaking heck - 4.3% down.

    Where are the lemmings!



    Come on, Bull.... - try harder to get the lemmings to jump over the cliff. What are you using - a dog whistle? Use a bull-horn!

    I am providing liquidity & waiting!
    balance i would have thought you more sensible than to try and catch a falling knife
    one step ahead of the herd

  5. #6575
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    I expect that there will be a series of stimulus packages as the severity dawns on people.

  6. #6576
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    Quote Originally Posted by bull.... View Post
    balance i would have thought you more sensible than to try and catch a falling knife
    No falling knife here with some selected stocks - just lemmings running towards the cliff.

    Did the same with GFC & 9/11 - you gotto to do what you gotto to do when the lemmings are running.

    But only after a very painful lesson in 1997 during AFC.

  7. #6577
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    Gold getting crushed shows there is no such thing as a safe haven in times so uncertain as this......but if I was going to shop...thats where Id be looking to buy..(the real thing ,not producers)..after the GFC it went on quite a Bull run

  8. #6578
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    Big fundies should top up today!

  9. #6579
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    Quote Originally Posted by King1212 View Post
    Big fundies should top up today!
    Its apparently a weird situation as there are no(or very little)physical supplies to be had......the law of demand seems to have been turned on its head.............but I suppose buying on paper with a big firm like kitco is as safe as shares

  10. #6580
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    Quote Originally Posted by Balance View Post
    No falling knife here with some selected stocks - just lemmings running towards the cliff.

    Did the same with GFC & 9/11 - you gotto to do what you gotto to do when the lemmings are running.

    But only after a very painful lesson in 1997 during AFC.
    plenty of downside to go , this is not a GFC its a GFC+
    one step ahead of the herd

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