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Thread: Black Monday

  1. #8471
    DFABPCLMB
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    Quote Originally Posted by Zaphod View Post
    Depends. IMO, if Trump doesn't win by a landslide, expect turmoil as his supporters revolt.
    You could also say that if Biden doesn't win, expect turmoil as his supporters revolt.

  2. #8472
    Legend peat's Avatar
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    Default Not at all Black Monday today was it. Do we need a new thread called Thabulous Thursd

    I went to Welly and Zealandia today so out of the loop
    What a day - every single stock I have an interest in went up except for one. And that's the one I am short.

    So I recommend everyone takes a day off it does you the world of good.
    And you get to see a tuatara
    Attachment 12001
    For clarity, nothing I say is advice....

  3. #8473
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by peat View Post
    I went to Welly and Zealandia today so out of the loop
    What a day - every single stock I have an interest in went up except for one. And that's the one I am short.

    So I recommend everyone takes a day off it does you the world of good.
    And you get to see a tuatara
    Attachment 12001
    totally relaxes the body and mind
    one step ahead of the herd

  4. #8474
    ShareTrader Legend bull....'s Avatar
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    Cannabis stocks get a broad boost after veep-candidate Kamala Harris said Biden administration would decriminalize marijuana

    [W]e will decriminalize marijuana, and we will expunge the records of those how have been convicted of marijuana,” Harris said in the vice-presidential debate late Wednesday

    https://www.marketwatch.com/story/cannabis-stocks-get-a-broad-boost-after-veep-candidate-kamala-harris-said-biden-administration-would-decriminalize-
    marijuana-11602170817?mod=home-page


    well big policy shift by the conservative biden obviously moving with the times
    Last edited by bull....; 09-10-2020 at 06:38 AM.
    one step ahead of the herd

  5. #8475
    ShareTrader Legend bull....'s Avatar
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    continuing on from last week the best performers this week still are the stocks with good reliable divs , gentailers , retirement stocks , property stocks some retailers and telco's
    one step ahead of the herd

  6. #8476
    Legend peat's Avatar
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    ... thinking it might be a good day to take something off the table.... who knows what blackness will come out of the US tonight , ready for our market to react to on Monday.
    B, I always sell too soon.

    I'm liking the look of ANZ chart.

    But SP500 looks a bit stretched in the short term
    Attachment 12002
    Last edited by peat; 09-10-2020 at 11:11 AM.
    For clarity, nothing I say is advice....

  7. #8477
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by peat View Post
    ... thinking it might be a good day to take something off the table.... who knows what blackness will come out of the US tonight , ready for our market to react to on Monday.
    B, I always sell too soon.

    I'm liking the look of ANZ chart.

    But SP500 looks a bit stretched in the short term
    Attachment 12002
    just broke thru resistance at 3400 odd so see if it holds above there i reckon
    one step ahead of the herd

  8. #8478
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    https://www.landlords.co.nz/article/...ted-the-market

    4 ways low interest rates have boosted the property market in NZ

    and

    are boosting the NZ sharemarket as well imo.

  9. #8479
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    Quote Originally Posted by Balance View Post
    https://www.landlords.co.nz/article/...ted-the-market

    4 ways low interest rates have boosted the property market in NZ

    and

    are boosting the NZ sharemarket as well imo.
    Sure does mate

    But the economy remains rooted ....and likely to remain so for some time
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #8480
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    Quote Originally Posted by winner69 View Post
    Sure does mate

    But the economy remains rooted ....and likely to remain so for some time
    Impossible to go against the flow of funds, W69 - akin to whistling against a hurricane!

    Lower for longer (interest rates) and higher for just as long (markets).

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