Supportive stance of China means HSBC won't be allowed to fail.
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stock market crash
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Originally posted by Whorty View PostDidn't our resident investment crayon using expert predict that HSBC would go bust because of it's Asian businesses/exposure? He really is good at predicting the polar opposite of what's coming along
How can one person be so good at getting things wrong?
https://www.bbc.co.uk/news/business-56150430First Law of Contracting: Only the strong surviveComment
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Originally posted by _V_ View Post
To be fair he has progressed from eating the crayons to shoving them up his bum.I am what I drink, and I'm a bitter manComment
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was that it ? Market fell quickly and now is being bought quickly , at this rate we will be back at a new high by next week.Comment
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Originally posted by scooterscot View PostI said 15-20% drop. I think 6000 is a given by mid-morning. And 5000 by close of play is possible.
When the market closed on Friday it completely ignored a strong level of support. This is far from ordinary. The reasoning is based on some squiggly lines....
I am what I drink, and I'm a bitter manComment
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Originally posted by jamesbrown View Post
You'd have thought, 10 years later, if he was such an investment genius he'd be rolling in it by nowI am what I drink, and I'm a bitter manComment
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The fact that Scooter Scot has been consistently losing money for 10 years, and now "reads charts" for donations (begging) says it all really.
First Law of Contracting: Only the strong surviveComment
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