stock market crash

[BlasterBates]

[GhostofTarbera]

Being unemployed.

Get. 50k gov loan


Sent from my iPhone using Contractor UK Forum

[Whorty]

Being unemployed.

SSSSShhhhh, don't spoil it

[caffeine man]

What is the alternative to stocks?

The money has to go somewhere, and even though dividends have been cut, there are still dividends.

Gold, Bitcoin, Forex . Although gold and Bitcoin gone up a lot since Covid started in December. I’m doing a lot of stock trades in companies hit by the virus. Volatile and profitable, often buy and sell within day’s. Companies not hit by the virus are not good value , and are being used as a safe haven.


Sent from my iPhone using Contractor UK Forum

[scooterscot]

A contrarian to the contrarian eh?

Nah, profits for the contrarian, losses for the emotional. Know what I mean? Well perhaps not

[wattaj]

Cresting a two-weekly high. Could we see 6000 this week? This is a very odd crash. The second wave could be interesting.

And there she blows. I'm still not convinced that this is such a good thing, but then I am generally pessimistic. :

[GhostofTarbera]

And there she blows. I'm still not convinced that this is such a good thing, but then I am generally pessimistic. :

How is that even possible ??

BA announcer 12K redundancies 100’s of thousands of companies to follow same, stock maker hits 6000




Sent from my iPhone using Contractor UK Forum

[scooterscot]

Expect a rally to 6350. This is a bull trap. You'd be amazed how many people fall for it.

[DimPrawn]

Expect a rally to 6350. This is a bull trap. You'd be amazed how many people fall for it.

Is that your contrarian perspective and everyone says it is not a bull trap?

[BlueSharp]

Expect a rally to 6350. This is a bull trap. You'd be amazed how many people fall for it.

I hate to say it but I agree with you.

This has echo's of the 2008 crash where all the rating agencies were not adjusting the risk ratings for the toxic mortgage debt. Could you imagine the fallout if the pension funds start adjusting to the new reality if the rating agencies actually reflected the current risk. Watch the last 20 minutes of The Big Short, for me it appears history is being repeated but on a scale where 2008 could be a minor blip.