stock market crash

[DimPrawn]

[BlasterBates]

Not everyone is a sucker.

[BlasterBates]

Up it goes 700 points.

We need some bad news.

[Whorty]

Up it goes 700 points.

We need some bad news.

It's bad news for me .... I transferred an existing cash ISA across to my Stocks and Shares ISA and waiting for the FTSE to drop before I push it to a specific fund and since then it's been going up. The 'downside' I guess is my 20k from last ISA year, and 20k from this ISA year are doing splendidly.

Could do with FTSE going back down to 5k before going back up again.

Come on Scooty, draw us a graph. Tells us what to do.

[BlasterBates]

Oil marching briskly to $40.

[Andy2]

change the thread title to stock market boom
market is on fire. buy now before dow zooms to 40k

[DimPrawn]

change the thread title to stock market boom
market is on fire. buy now before dow zooms to 40k

I've sold all my worldly possessions, am living in a tent and put it onto the stock market.

This time next year I will be a millionaire!

Note to the stupid, I haven't actually done this, but it looks like everyone else has.

[SeededLoaf]

Moderna Announces Positive Interim Phase 1 Data for its mRNA Vaccine (mRNA-1273) Against Novel Coronavirus | Business Wire

Is probably why the indexes are on fire today.

[scooterscot]

We're entering a period of deflation, not inflation. No one knows how long the deflation will last though.

There is a lot of money to be made during this period, but also a lot to lose ...... we need Scooty to draw us a graph of the winners and losers

Am not intending on being the 99% - Which are you?


Yes, you're correct. Deflation first - when will it end? Wait until the end of the housing crash... 6 - 18th months.

[scooterscot]

I would still not tauch anything for now. Maybe selling but there is still some irrationality.
I don’t think covid has been fully factored in or the reality of a recession. Just wishful thinking and false naratives.

Once we see a 2-3% drop a day followed by another of decline, I would start puttin selling orders in.
Or less than positive news about second wave of covid.

The market correction is nothing, nothing, to do with Covid-19. It was the pin that burst an already inflated bubble. Sure, every media outlet is selling that story. However the truth is we've been in a bubble for 15+ years.