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Thread: Black Monday

  1. #7821
    Reincarnated Panthera Snow Leopard's Avatar
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    Quote Originally Posted by BlackPeter View Post
    A lot of it is, that's true, but maybe you should smell Taiwanese stinky tofu before you repeat above statement :
    Stoopid remark

    I have been to Taiwan a few times.
    I have smelt stinky tofu.
    I have eaten stinky tofu.
    I like stinky tofu.

    Fried spiders in Cambodia as been as bad as it gets, but once you get over the thought of putting a big black spider in your mouth and actually taste it then you are reaching for seconds.

    SO how are the momo doing ?
    om mani peme hum

  2. #7822
    Membaa
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    Quote Originally Posted by Snow Leopard View Post
    Stoopid remark

    I have been to Taiwan a few times.
    I have smelt stinky tofu.
    I have eaten stinky tofu.
    I like stinky tofu.

    Fried spiders in Cambodia as been as bad as it gets, but once you get over the thought of putting a big black spider in your mouth and actually taste it then you are reaching for seconds.

    SO how are the momo doing ?
    Eeeeeew. I don’t feel very well after that. 🤢

  3. #7823
    Advanced Member BIRMANBOY's Avatar
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    Was that reaching for seconds or retching for minutes?
    Quote Originally Posted by Snow Leopard View Post
    Stoopid remark

    I have been to Taiwan a few times.
    I have smelt stinky tofu.
    I have eaten stinky tofu.
    I like stinky tofu.

    Fried spiders in Cambodia as been as bad as it gets, but once you get over the thought of putting a big black spider in your mouth and actually taste it then you are reaching for seconds.

    SO how are the momo doing ?
    www.dividendyield.co.nz
    Conservative Investing and dividend producers...get rich slowly!
    https://www.facebook.com/dividendyieldnz

  4. #7824
    ShareTrader Legend bull....'s Avatar
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    the DJI breakout working so far ... forget about dcf and fundamentals ( garbage analysis at the moment) its all about go momo in money printing times , sp500 still struggling around 200d ma



    Cramer says the stock market is too optimistic about an economic recovery — ‘it’s just not going to work like that

    It’s too ‘happy days are here again


    https://www.cnbc.com/2020/05/27/the-...like-that.html


    Orr saying he is open to more money printing in NZ

    heres the key part in the story for when they will start printing to pay govt bills

    You could shift, at an extreme, to something called money financing, where the Government says ‘I want to spend 100, credit our account with 100’ and that's just us creating money,” he said.

    But the current legislation governing the Bank would prohibit Orr from moving in this direction. Finance Minister Grant Robertson would have to draft and pass legislation before the Bank could move to money financing.

    https://www.stuff.co.nz/national/300...apital-changes
    Last edited by bull....; 28-05-2020 at 06:39 AM.
    one step ahead of the herd

  5. #7825
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    Just for the sake of completing my education & assuming you are not fixating on Steamed Dumplings ( like I am) but what the forum is momo short for?
    om mani peme hum

  6. #7826
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by Snow Leopard View Post
    Just for the sake of completing my education & assuming you are not fixating on Steamed Dumplings ( like I am) but what the forum is momo short for?
    momentum investing which is based on trend in prices. hence why in a money printing environment fundamentals mean little as the wall of liquidity flooding markets drives prices. even on junk
    one step ahead of the herd

  7. #7827
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    Crazy...market is back pre covid high....what next bull?

  8. #7828
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by King1212 View Post
    Crazy...market is back pre covid high....what next bull?
    if i new every move i wouldnt be posting on share trader lol i would be on my island surrounded by beauties anyway dji up nearly 500 and to the 500 yesterday from the breakout 1000 pt move yahoo
    Last edited by bull....; 28-05-2020 at 07:53 AM.
    one step ahead of the herd

  9. #7829
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    Come on bull...u are not doing your job.... where are all the rampings and the bear news...lol

  10. #7830
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    Lots of black Mondays coming according to the Reserve Bank.
    https://www.stuff.co.nz/business/121...-biggest-worry
    Insurers and non-bank deposit takers, Reserve Bank's biggest worry. But despite banks' good position, the Reserve Bank forecast the resilience of the banking system would be "tested in the coming months". Even accounting for an expected recovery in the second half of the year, the projected annual change in GDP — from about 2 per cent growth before the crisis to an 8 per cent drop afterwards — would be the largest in at least 160 years.

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