Black Monday

[dabsman]

Hey girlfriends, are we heading for an actual black Monday lol? I just noticed US futures are down and so is the NZD.

Would be nice to have a real black Monday every so often, for the threads sake.

Futures down 700 as at the time of writing

[Getty]

Hey girlfriends, are we heading for an actual black Monday lol? I just noticed US futures are down and so is the NZD.

Would be nice to have a real black Monday every so often, for the threads sake.

You may get your wish.

I've made a comment on Coronavirus thread, but since then CNBC have reported how futures are reacting to new Nu virus.

Gold up $14 to $US1802.

[Panda-NZ-]

Tech seems to be the safe harbour again.

[Bobdn]

Mates, Ive got no dry powder unlike in March 2020 so if this turns into a full scale sell off, I'll be raw doggin it. Won't be pretty

[Panda-NZ-]

Add margin if you can or move into an aggressive fund post-dip.

[Bobdn]

...or just look away (as hard as that is

[bull....]

savage sell-off's in plenty of asset classes today.

guess people just need to remember things dont go up for ever.
even dip buying wont work at some stage

[STr]

savage sell-off's in plenty of asset classes today.

guess people just need to remember things dont go up for ever.
even dip buying wont work at some stage

Thats what I am looking for. This cannot be anything like the original C9 correction but has a bit of a feeling like some new FUD that is taking hold. I wonder how long emotion runs before people get back in. Just like “Black Monday” - second time round was nowhere near as drastic.

[couta1]

savage sell-off's in plenty of asset classes today.

guess people just need to remember things dont go up for ever.
even dip buying wont work at some stage

Yawn, 2 or 3 down days and it will be back to business as usual once the punters remember that Covid and all it's variants are here to stay.

[LEMON]

Economies around the world are cracking, banks and governments won't let on, could this be the end of the peak cycle?
Recession/Depression on it's way?
One more serious event and economies won't cope, heavy inflation, ATH high markets, overloaded hospitals, lack of workers and lockdowns taking the strain, Energy crisis, winter in Europe/USA, travel bans to be implemented once more, so on so forth, not looking good and this new variant could be the final nail, does anyone have a similar worry?