Is a Bear Market starting to play out on the NZX ?

[Biscuit]

......but the amount of cash coming out is the same as the amount going in .....net impact on total cash balances nil?

I sell you some shares for $1 today and they drop in price tomorrow: I still got a dollar, but I don't think you do.

[winner69]

I sell you some shares for $1 today and they drop in price tomorrow: I still got a dollar, but I don't think you do.

You got the $1 cash (sitting on the sidelines) and I have $1 less cash in my cash pile -- between us we still have the same amount of cash, don't we

If the market falls Monday the value of that $1 share will be less than today ....but between us we still have the same amount of cash....you have $1 more parked out and I have $1 less parked out ....and we both probably poorer come Monday

[causecelebre]

......but the amount of cash coming out is the same as the amount going in .....net impact on total cash balances nil?

Commissions aside a zero sum game - but is the sum just getting smaller?

[macduffy]

Are we there yet? Bear market, that is.

Not according to some. Another 10% to go yet.

https://www.abc.net.au/news/2020-02-...ction=business

[Biscuit]

You got the $1 cash (sitting on the sidelines) and I have $1 less cash in my cash pile -- between us we still have the same amount of cash, don't we

If the market falls Monday the value of that $1 share will be less than today ....but between us we still have the same amount of cash....you have $1 more parked out and I have $1 less parked out ....and we both probably poorer come Monday

LOL, yes we are both poorer on Monday! You are right about the total amount of cash, but I think if you look back you will see that that was my point in relation to Peat's comment that with everyone in there would be no one left to sell shares to. I think - anyway lets just agree we are both right and that you still owe me a dollar.

[Schrodinger]

And Dow futures up 1%. Market over reaction.

[bull....]

And Dow futures up 1%. Market over reaction.

and down again lol you must be a bottom picker

[Cadalac123]

lmao can't even trade on ASB. What a useless interface.

[see weed]

I just voted in the little purple box down the bottom.

[ynot]

I reckon your being overly hopeful here, it's a virus not a complete financial collapse or WW3.

It's not that it's a virus or WW3. What is relevant is its a black swan and that is all this market needed to push it over the edge. The market was a problem waiting to happen and it just got its cue.