![Violin](https://forums.contractoruk.com/core/images/smilies/violin.gif)
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
stock market crash
Collapse
X
Collapse
-
-
Originally posted by AtW View Postfor the bears
Comment
-
Originally posted by AtW View Postfor the bears
Smart money being rescued by people's pension and taxpayer money to be able to get out scar less.
Bulls make money, bears make money, pigs get slaughtered.
Some things never change.Comment
-
3-day death cross on the Dow Jones grows ever nearer to making history. It is not an exact science for sure however between 30 & 60-days this index is going to collapse hard.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Originally posted by scooterscot View Post3-day death cross on the Dow Jones grows ever nearer to making history. It is not an exact science for sure however between 30 & 60-days this index is going to collapse hard.Comment
-
Originally posted by scooterscot View Post3-day death cross on the Dow Jones grows ever nearer to making history. It is not an exact science for sure however between 30 & 60-days this index is going to collapse hard.
There have been many times when a death cross appeared, such as in the summer of 2016, when it proved to be a false indicator. Those who got out of stocks during the summer of 2016 missed the sizable stock market gains that followed throughout 2017. The 2016 death star example was in fact occurring during a technical correction of around 10%, which is oftentimes seen as a buy opportunity known as buying on the dip.I am what I drink, and I'm a bitter manComment
-
Originally posted by rootsnall View PostCan I put my pension on that ?
Where is that news about scrapping BOE inflation targets?
U.K. Urged to Scrap BOE Inflation Target in Favor of GrowthComment
-
Originally posted by scooterscot View Post3-day death cross on the Dow Jones grows ever nearer to making history. It is not an exact science for sure however between 30 & 60-days this index is going to collapse hard.
Usually it refers to a crossover of the 50 and 200 day moving averages.
Golden Cross vs. Death Cross: What's the Difference?Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
-
Originally posted by rootsnall View PostCan I put my pension on that ?Comment
-
Originally posted by DealorNoDeal View PostWhat's a 3-day death cross?
Usually it refers to a crossover of the 50 and 200 day moving averages.
Golden Cross vs. Death Cross: What's the Difference?
50 & 200 day moving average is for retail players.
150 & 600 day moving averages is the smart money. The stock markets move really slow, as such, significant trend changes are identifiable on larger scales. Sounds obvious.. but just look at this thread and you'll see folks posting every other day swing price changes. The majority of folks are focused on the smaller time scale for a number of reasons I'll not go into here.
The 3-day cross is defined as the 150 & 600-day moving averages on a 1-day chart. Or 50 & 200 on a 3-day chart.
Here is the July 2008 death cross. A 50% fall, followed by a V shaped recovery.
Here is the dot.com 3-day death cross followed by a 30% move to the downside. Notice now there was a fake out rally to the upside at first? That's dumb retail money, often known as a suckers rally, which I believe we're now seeing.
Here's a fake out 3-day death cross in 88.
December of 81
Bottom line, don't ignore 3-day death crosses when they occur, especially if you believe the market is overbought."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
Partners
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment