There goes 5000.
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stock market crash
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Originally posted by wattaj View PostThere goes 5000.
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holly feck - never never ignore the gravestone DOJI.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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if its just like 2008 crash , we are looking at indices 50% down , which means FTSE at 4000 and DOW at 15000Comment
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Originally posted by escapeUK View PostLooks like today with be another big drop.
I want to think about the sort of businesses who will best weather this storm, and who will bounce back the quickest.
During the last crash, I was pretty sure banks such as RBS, LLOY would recover. 10 years later they did not. Glad I didn't invest any money in them.Vote Corbyn ! Save this country !Comment
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Originally posted by Andy2 View Postif its just like 2008 crash , we are looking at indices 50% down , which means FTSE at 4000 and DOW at 15000
If you say so -
Here is 2008 - year wide view:
2020 with the same chart width:
Never in the history of the index has it dived so much so fast.
"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 Andy2 View Postif its just like 2008 crash , we are looking at indices 50% down , which means FTSE at 4000 and DOW at 15000Vote Corbyn ! Save this country !Comment
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Don't think landing at 4600 is credible anymore. 3500 looks like a better punt at this moment.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Can you elaborate on what this means?
Are people selling shares?
Or just not buying shares?
Or just not investing?Comment
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All things considered, gold is holding up pretty well. (Only down 8% since the beginning of March)
Technical Gold Charts and Data - London Fix
Don't know whether that will last or not.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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