stock market crash

[scooterscot]

Falling like a stone

Yup getting rekt. Really surprised seeing the panic of such a small market.

[DimPrawn]

Yup getting rekt. Really surprised seeing the panic of such a small market.

Is the Lamborghini factory in Italy still building your car?

[ChimpMaster]

Yup getting rekt. Really surprised seeing the panic of such a small market.

Euphoria and panic are 2 sides of the same coin.

[scooterscot]

Markets bonkers oversold now..

Before today’s 30% pullback there was a similar one at the weekend before the US stock markets opened. Wonder if US stocks are about to see the same...

[jamesbrown]

Brown trousers time... Just made a large bet on Ethereum - going up!

$10k on derivative that pays out 3x for every 1% Ether goes up. Of course if it goes down....

Clean up on aisle scootie.

[Whorty]

ETH is down around 10% since SS placed his bet an hour or so ago.

And that's the unleveraged movement.

I feel your pain SS.

Oh well, even the 'experts' don't get it right then without hindsight

[DealorNoDeal]

Buffet indicator for the UK (FWIW)

Unlike the US stock market which, despite the recent falls, still looks way over valued, the UK stock market doesn't seem unreasonably priced.

UK Stock Market Valuations and Expected Future Returns

This isn't a recommendation to bet the farm on it. DYOR etc.

[scooterscot]

Brown trousers time... Just made a large bet on Ethereum - going up!

$10k on derivative that pays out 3x for every 1% Ether goes up. Of course if it goes down....

Just watched $10k become $6k in an hour. Back up to $12k now...

[rootsnall]

Unlike the US stock market which, despite the recent falls, still looks way over valued, the UK stock market doesn't seem unreasonably priced.

UK Stock Market Valuations and Expected Future Returns

This isn't a recommendation to bet the farm on it. DYOR etc.

That's what I was telling myself until I panicked this morning. I can't see a HPC thread anywhere, can someone with a track record of posting please start one. I'm hoping to buy a house on the cheap with my panic sold cash pile.

[ChimpMaster]

Markets bonkers oversold now..

Before today’s 30% pullback there was a similar one at the weekend before the US stock markets opened. Wonder if US stocks are about to see the same...

ETH was all of $2.50 4 years ago. After today's 30% fall it's still at $140, so it's got a long way to fall yet before it begins to look oversold.

Of course, my logic above is rubbish, but I've seen other posters apply similar reasoning to the stock market or to property, so it must be true