Black Monday

[winner69]

Bloodbath on the markets coming this way

Covid, stagflation, China blah blah blah ….AND THE OCTOBER EFFECT

Be careful out there


https://www.news.com.au/finance/econ...2c4355835914ec

[bull....]

OCR rate rise tomorrow in NZ ,

with auckland in a lockdown level 3 for the rest of the year , easy in my opinion as infection rates will climb now like nsw etc be interesting what they say on future rate hikes now that we know covid elimination strategy is of the table in NZ

[couta1]

Bloodbath on the markets coming this way

Covid, stagflation, China blah blah blah ….AND THE OCTOBER EFFECT

Be careful out there


https://www.news.com.au/finance/econ...2c4355835914ec

Just sit tight and do nothing.

[alokdhir]

Just sit tight and do nothing.

Or can buy more FPH around $ 30 ...cant go wrong in the medium term

[bull....]

Just sit tight and do nothing.

if your a aucklander that is your life unless your into picnics

[bull....]

Bloodbath on the markets coming this way

Covid, stagflation, China blah blah blah ….AND THE OCTOBER EFFECT

Be careful out there


https://www.news.com.au/finance/econ...2c4355835914ec

dont forgot to add the emerging energy crisis , will push prices for everything thru the roof

[peat]

As an aside, and following on from my comment last week, here's some more poetry in motion for you....

On the Log charts, the ATH (2/9: 4540) is pretty much a perfect fib 1.618 extension of the "Covid crash leg" off the 23/3/20 low!
Another reason for me that the current ATH certainly should earn some respect.

I dont see that FTG

I see the 161 extension at 4077 and the recent high 4550 at the 200% extension (which is not usually referred to as having any significance)
SP500FibExt.JPG

drawing fibs is of course a personal thing so happy to see how you did it.

[bull....]

the evergrande contagion is spreading

Chinese property developer Fantasia misses debt payments

https://www.straitstimes.com/busines...-debt-payments

[RTM]

Let me try. So with COVID-19 getting out of control and the implications that has for the financial performance of our country, I steeled myself for a solid drop in the value of my portfolio, all the time remembering what happened last year. Had another cup of coffee and checked just after lunch. Guess what...up by 5ishK.
Makes no sense at all to me.

Ah...that's better..down 6.3K. Happy now, Yikes !
https://www.sharetrader.co.nz/images/smilies/w00t.gif

[FTG]

I dont see that FTG

I see the 161 extension at 4077 and the recent high 4550 at the 200% extension (which is not usually referred to as having any significance)
SP500FibExt.JPG

drawing fibs is of course a personal thing so happy to see how you did it.

On the logarithmic chart Peat.