stock market crash

[wattaj]

It's a game of chicken.

^^ This.

[AtW]

As long as you make investments with the knowledge that the US will do whatever it takes to keep the USD as the FIAT currency of choice for the world, it's not too difficult to make decisions.

Erm, if you don’t like dollars - don’t use them, nobody is forcing you.

Good time for fking Mor Ons to bring back that old “Saddam wanted to sell oil for EUR and that’s why US invaded” moronic theory

[DealorNoDeal]

The risk is that 'the market' and the economy has been rescued by the central banks a number of times by increasingly bending the rules and it's priced now in the belief that they can keep pulling it off. But at some stage that belief might break and we'll all be saying why didn't we see that coming. A few perma bear experts will emerge when their prediction finally comes true. It's a game of chicken.

+1

This time might be different.

[jamesbrown]

But at some stage that belief might break and we'll all be saying why didn't we see that coming.

Well, yeah. But that warning hasn't really stopped since early 2009.

Eventually, something bad will happen, you won't see it coming, and you will lose money.

You just need to ensure that, when you take that 50% hit, it's a 50% hit from your 400% profit over the last decade. If you're aiming to buy low, sell high, you'll probably never buy. Selling higher than you bought is good enough

[LondonManc]

Erm, if you don’t like dollars - don’t use them, nobody is forcing you.

Good time for fking Mor Ons to bring back that old “Saddam wanted to sell oil for EUR and that’s why US invaded” moronic theory

I didn't say use them or don't; I said to take it into consideration that the 'muricans will do whatever is necessary to protect the dollar.

[AtW]

I didn't say use them or don't; I said to take it into consideration that the 'muricans will do whatever is necessary to protect the dollar.

And maybe that’s why people like it? You can use 20 year old dollars just fine, try using 20 year old Sterling - BoE seems to be changing it every 10 years now.

And btw EUR is now nice balancing reserve currency - 50/50 split EUR/USD gives nice hedge, Sterling and other currencies are 2nd tier now

[rootsnall]

Well, yeah. But that warning hasn't really stopped since early 2009.

Eventually, something bad will happen, you won't see it coming, and you will lose money.

You just need to ensure that, when you take that 50% hit, it's a 50% hit from your 400% profit over the last decade. If you're aiming to buy low, sell high, you'll probably never buy. Selling higher than you bought is good enough

I've been mostly invested. No choice if you are trying to get an income. Collecting divis is my game. I do feel I've got out of jail though with this rally and it might be time to bank some of it but then again

[scooterscot]

We're not far off from being able to say, categorically, that the Nasdaq and S&P 500 have made a V shaped recovery.

NYSE and FTSE not quite there, but looking very V-ey, it's not looking good for the perma-bears.

No one is talking about a 'v' shaped recovery huh...

[scooterscot]

The risk is that 'the market' and the economy has been rescued by the central banks a number of times by increasingly bending the rules and it's priced now in the belief that they can keep pulling it off. But at some stage that belief might break and we'll all be saying why didn't we see that coming. A few perma bear experts will emerge when their prediction finally comes true. It's a game of chicken.

Those that control their emotions eat chicken for breakfast.

[scooterscot]

Take profits @ and until 6700. Remember, we continue to be in a bear market. It is possible to make profits during this period but you'll find 90% of trades are emotional ones.










The monthly chart will be interesting at the end of this month - the blue line is a 21-month moving average. Many many individuals / family offices use this for bull / bear market identification. If 6700 is confirmed as resistance, we're for sure continuing to be in a bear market until 2023.