stock market crash

[TheGreenBastard]

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.

What about "digital gold" / crypto?

[VirtualMonkey]

What about "digital gold" / crypto?

It's FUBAR
Currently shorting it. We have CME gap at 3570 dollars. Every other gap has been filled so a good chance we're headed down there

[MarillionFan]

if its just like 2008 crash , we are looking at indices 50% down , which means FTSE at 4000 and DOW at 15000

Yep and just like 2008 I jumped in too early, so nursing some paper losses at the moment.

But just like 2008 it will eventually bottom and then recover. Trick is when, and what to buy and what to avoid.

[scooterscot]

It's FUBAR
Currently shorting it. We have CME gap at 3570 dollars. Every other gap has been filled so a good chance we're headed down there

I salute yah!

Been cost averaging in since we hit the 'incredible buy' signal on Ether.

[Andy2]

Yep and just like 2008 I jumped in too early, so nursing some paper losses at the moment.

But just like 2008 it will eventually bottom and then recover. Trick is when, and what to buy and what to avoid.

I will buy these when it bottoms out.

Vanguard FTSE 250 UCITS ETF
Vanguard S&P 500 UCITS ETF GBP
scottish mortgage inv trust
FUNDSMITH EQUITY I ACC

disclaimer- do your own research

[scooterscot]

Can you elaborate on what this means?

The sharpness of the drop is not something I've ever since before except in crypto markets. Usually such a drop would indicate a scam, hack, someone was able to create more coins out of think air - that sort of thing

[wattaj]

which website do you use. IG index seems down

I'm on IG Index and it was down... a bit of a panic TBH, but it's back now.

[scooterscot]

Are people selling shares?

This is all look like capitulation. But it could also be a massive bull trap. Markets just don't recover that quickly. Too many people are expecting a bounce back to the top. It's not going to happen. Be patient, this downtrend is not going to stop until Mid-May.

[vadhert]

Has the everything bubble popped?

[DimPrawn]

I think we can all make some huge money here if we buy or sell the right thing at the right time and then buy or sell that thing at the right time later on.

The only bits I'm vague on are.

What to buy or what to sell
When to buy and when to sell

HTH BIDI