Everyone who's called it right usually got it wrong.
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Stock market - how low will it go
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Originally posted by northernladuk View PostEveryone who's called it right usually got it wrong.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Not quite there, as the market commentators said on CNBC, it doesn't feel like market capitulation.
You can "nibble" but you still need to keep substantial funds available for what could be a great buying opportunity.
My Verizon stock is now in profit, but that was just a nibble
I'm now waiting for the "big one", when all the hedge funds liquidate their portfolios to pay off their loans.
I'm alright JackComment
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No rush... this bear market has an easy three years in it before recovery. You may as well wait until there is evidence of consolidation.
The inverted yield curve is as wide AF. Unlike the previous recessions, it is suggesting 2-3 years of downturn before bottom.. And if you consider the state of the world, it kind of fits the present day narrative. Even if the virus was wiped clean in the next 6 months it'll take another year for businesses to get back to where they were, that's us in 20222 without a sweat. And we've not even yet considered the self inflicted economic sanctions.
The UK is not somewhere you want to invest in the next few years. Wait until the trading relationships are really understood and exist in practice.
"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 BlasterBates View PostNot quite there, as the market commentators said on CNBC, it doesn't feel like market capitulation.
You can "nibble" but you still need to keep substantial funds available for what could be a great buying opportunity.
My Verizon stock is now in profit, but that was just a nibble
I'm now waiting for the "big one", when all the hedge funds liquidate their portfolios to pay off their loans.
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Markets shooting up today, hold fire.
If stocks go back up quickly, portfolio goes back into profit - win
If stocks crash big time in a few weeks, great buying opportunity - win
Always hold money back.I'm alright JackComment
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Originally posted by BlasterBates View PostAlways hold money back.Comment
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Originally posted by BlasterBates View PostMarkets shooting up today, hold fire.
If stocks go back up quickly, portfolio goes back into profit - win
If stocks crash big time in a few weeks, great buying opportunity - win
Always hold money back.Make Mercia Great Again!Comment
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Might fly past the 4600 bottom tomorrow... Did not expect the resistance line (called out in the green box) to act as resistance this low. Tomorrow is going to be historical / hysterical. Circuit breakers on standby!
"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 scooterscot View PostTomorrow is going to be historical / hysterical. Circuit breakers on standby!Comment
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