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  1. #411
    Guru
    Join Date
    Apr 2007
    Location
    Hamilton New Zealand.
    Posts
    4,251

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    Quote Originally Posted by youngatheart View Post
    Dow closed up at 9.3%... Expect a mighty dead cat bounce on Monday... Even if its short lived, well done to those that bought 'cheap' NZ shares on Friday...
    They are "cheap" shares only if you sell them for a higher price...

  2. #412
    Member
    Join Date
    Mar 2013
    Posts
    442

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    Quote Originally Posted by Hoop View Post
    They are "cheap" shares only if you sell them for a higher price...
    Right on the money

    Cheap for now, expensive next week

  3. #413
    Banned
    Join Date
    Dec 2015
    Location
    Maori land
    Posts
    1,776

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    Quote Originally Posted by Food4Thought View Post
    Right on the money

    Cheap for now, expensive next week

    Really....could see it go down further...with severe economy impacted by current travel rule.

  4. #414
    Senior Member
    Join Date
    Dec 2019
    Posts
    681

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    Quote Originally Posted by King1212 View Post
    Really....could see it go down further...with severe economy impacted by current travel rule.
    That’s what he’s implying

  5. #415
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,073

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    that huge rally like 6 - 7% in the us indexes in the last 30 mins was nothing more than a short squeeze done by computers
    one step ahead of the herd

  6. #416
    Legend
    Join Date
    Apr 2008
    Location
    Sth Island. New Zealand.
    Posts
    6,436

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    Quote Originally Posted by Hoop View Post
    They are "cheap" shares only if you sell them for a higher price...
    Good advice for traders perhaps. What of real investors, who only buy shares they will never want to sell?

  7. #417
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

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    Looks like this thread has been hacked. Huge number of new votes in the last 24 hours and the vast majority for option 3. Something isn't right here...I smell at rat. (Trust the Beagle's nose).
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  8. #418
    Outside thinking.
    Join Date
    Jan 2013
    Posts
    2,563

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    Quote Originally Posted by Beagle View Post
    Looks like this thread has been hacked. Huge number of new votes in the last 24 hours and the vast majority for option 3. Something isn't right here...I smell at rat. (Trust the Beagle's nose).
    Nah, it just means the 22% option 3 is the right one, and your armageddon theory won't happen.....yet.

  9. #419
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

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    Quote Originally Posted by Beagle View Post
    Looks like this thread has been hacked. Huge number of new votes in the last 24 hours and the vast majority for option 3. Something isn't right here...I smell at rat. (Trust the Beagle's nose).
    A whole lot more people with common sense just arrived.

  10. #420
    Dilettante
    Join Date
    Mar 2010
    Location
    Down & out
    Posts
    5,431

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    Quote Originally Posted by couta1 View Post
    A whole lot more people with common sense just arrived.
    Probably all in isolation with nothing better to do !!

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