Originally posted by scooterscot
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stock market crash
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Originally posted by scooterscot View PostSpring 2021 will be the moment to start 'thinking' about it.
We’ve had days like this before. Soon as the FED turns on the taps again, shares will recover overall.
How many more individual companies are going to go to the wall over this madness is my concern.
I’ve been shifting my portfolio slightly towards China/Japan recently as after China caused this mess, they and the other Far East countries seem to be handling it way better.Last edited by BABABlackSheep; 28 October 2020, 15:46.Comment
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Originally posted by BABABlackSheep View PostWhich would be amusing as his PUT order will have expired by now.
Of course he’ll say it hasn’t.
I guess there's now a chance it might actually be worth something when it expires.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View PostI guess there's now a chance it might actually be worth something when it expires.Comment
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Originally posted by AtW View PostIf it does then we’ll never hear the end of itComment
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Originally posted by scooterscot View PostAMD going back to $60 in the near term.
The black circles in the tee leafs indicate where the resistance occurred in RSI, price action followed. This week were back at this resistance line - perhaps this time is different.
That charts that don't lie. Scooty tee leafs."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by BABABlackSheep View PostEnd of the Month is Saturday. Lets see what happens on Monday morning.
TA vs Fundamentals
Come on TA!
One minute 327 the next 307"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostThat charts that don't lie. Scooty tee leafs.Comment
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Originally posted by BABABlackSheep View PostI was thinking of buying again soon.
We’ve had days like this before. Soon as the FED turns on the taps again, shares will recover overall.
How many more individual companies are going to go to the wall over this madness is my concern.
I’ve been shifting my portfolio slightly towards China/Japan recently as after China caused this mess, they and the other Far East countries seem to be handling it way better.
With every major crash there is a period of consolidation. This is no 'V' shaped recovery like the MSM is touting. The FED impact is losing its impact for sure. No money is getting into the real economy, people are now seeing that. It is my belief the stock market crash will continue into December. Then afterwards we'll see a slump in housing. Then the UK pulls up the drawbridge. Proper grim stuff for Blighty land.
Japan & Russia are my bets. China, no. They'll have a recession that makes the US recession seem like a blip. When you operate an economy that supplies the world and the world limits the imports in favour of returning manufacturing at home... China I'd stay far away from. Not to mention the debt they have, it's insane.
Russia on the other hand.. no debt and a boat load of commodities with a banking sector that is rocketing upward. Jim Rogers did a piece on the sector recently, google it."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by AtW View PostIf it does then we’ll never hear the end of it
Then you win!"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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