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29-10-2020, 07:38 AM
#8521
 Originally Posted by bull....
support well and truely broken. europe tanking flowing thru to US ... lucky im resting from owning to much stocks at the moment
With Covid set to hit hard during the Nth Hemisphere winter, plus the uncertainty facing the USA, I'm picking some cut price share bargains coming soon.
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29-10-2020, 08:12 AM
#8522
Originally Posted by Left field
With Covid set to hit hard during the Nth Hemisphere winter, plus the uncertainty facing the USA, I'm picking some cut price share bargains coming soon.
yea i think if you get a big out break of virus again in asia as well as whats happening in europe and US, markets might go south like in march again.
france just announced a new lockdown as well germany partial lockdown
Last edited by bull....; 29-10-2020 at 08:18 AM.
one step ahead of the herd
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29-10-2020, 08:16 AM
#8523
Member
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29-10-2020, 08:33 AM
#8524
Originally Posted by Left field
With Covid set to hit hard during the Nth Hemisphere winter, plus the uncertainty facing the USA, I'm picking some cut price share bargains coming soon.
Share prices might well tank ... however not sure yet there will be bargains soon.
Average PE at the DOW is currently north of 26. I would call them bargains if it is below 10. This would be more than 60% down!
Might pay to keep some powder dry ...
Last edited by BlackPeter; 29-10-2020 at 08:41 AM.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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29-10-2020, 08:38 AM
#8525
Originally Posted by Left field
With Covid set to hit hard during the Nth Hemisphere winter, plus the uncertainty facing the USA, I'm picking some cut price share bargains coming soon.
Thank goodness for that, the market badly needs a reality check
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29-10-2020, 09:56 AM
#8526
Originally Posted by ratkin
Thank goodness for that, the market badly needs a reality check
The world is awash with cheap money - I wouldn't hold your breath.
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29-10-2020, 10:02 AM
#8527
Originally Posted by Biscuit
The world is awash with cheap money - I wouldn't hold your breath.
Absolutely, high stake games being played by big fellas over in US like JP, MS, GS, UBS etc...
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29-10-2020, 10:07 AM
#8528
Originally Posted by Biscuit
The world is awash with cheap money - I wouldn't hold your breath.
Yep a temporal blip, in a little over a fortnight there will be nothing to see.
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29-10-2020, 10:57 AM
#8529
Member
Covid 2.0 incoming and US elections next week. Hope your all dancing close to the exit.
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29-10-2020, 11:12 AM
#8530
Originally Posted by Filthy
Covid 2.0 incoming and US elections next week. Hope your all dancing close to the exit.
Why? we have seen it all before and we will see it all again in the future.
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