Australian Politics Forum - Stock Market crashing !!

Captain Caveman

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Re: Stock Market crashing !!
Reply #105 - Mar 13^th, 2020 at 7:41am

cods wrote on Mar 13^th, 2020 at 7:20am:

Captain Caveman wrote on Mar 13^th, 2020 at 7:18am:

Bobby. wrote on Mar 13^th, 2020 at 7:03am:

greggerypeccary wrote on Mar 13^th, 2020 at 6:39am:

Bobby. wrote on Mar 13^th, 2020 at 6:31am:

Bobby. wrote on Mar 13^th, 2020 at 5:10am:

Sir lastnail wrote on Mar 12^th, 2020 at 12:12pm:

ASX down 7.7% !!!

DOW is down to - 8.5% right now.

DOW down 10% wow

Biggest drop since 1987.

ALL thanks to this guy:

https://i.dailymail.co.uk/i/pix/2015/12/16/12/2F6915C100000578-0-image-m-15_1450...

Trump is not responsible for the Coronavirus -
it escaped from a Chinese bio weapons lab in Wuhan.

See my thread in Fringe.

Greg lives trump....he has to blame trump for that.

greg blames him for EVERYTHING....sad init?

Like the good old days at school.
When someone liked someone else....they picked on them relentlessly and in the end they made out.

Maybe a threesome with longy. Another of trumps fans.

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Bobby. Gold Member Online Australian Politics Posts: 118886 Melbourne Gender:	Re: Stock Market crashing !! Reply #106 - Mar 13^th, 2020 at 7:45am Bobby. wrote on Mar 13^th, 2020 at 5:10am: Sir lastnail wrote on Mar 12^th, 2020 at 12:12pm: ASX down 7.7% !!! DOW is down to - 8.5% right now. DOW down 10% wow
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Bam

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Re: Stock Market crashing !!
Reply #107 - Mar 13^th, 2020 at 7:53am

Captain Nemo wrote on Mar 12^th, 2020 at 2:38pm:

The problem is ... you can't say when the bottom has been reached until after it comes up again without being a "dead cat bounce" ... some time to go yet probably before we find out where the bottom of the market was.

Of course, by then we will have missed the absolute bargain prices, but still will be buying shares at a massive discount to where they were a couple of months back.

It ain't all bad. Shares are a long term investment.

A VERY long term investment.

It took the Dow Jones until 1954 to reach the value it had in 1929 before the market crashed.

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You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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cods

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Re: Stock Market crashing !!
Reply #108 - Mar 13^th, 2020 at 7:56am

Bam wrote on Mar 13^th, 2020 at 7:53am:

Captain Nemo wrote on Mar 12^th, 2020 at 2:38pm:

The problem is ... you can't say when the bottom has been reached until after it comes up again without being a "dead cat bounce" ... some time to go yet probably before we find out where the bottom of the market was.

Of course, by then we will have missed the absolute bargain prices, but still will be buying shares at a massive discount to where they were a couple of months back.

It ain't all bad. Shares are a long term investment.

A VERY long term investment.

It took the Dow Jones until 1954 to reach the value it had in 1929 before the market crashed.

lets not forget WW11 might have had an effect...and after the war it was austere very much so in England.

it could be tough for those retiring in the near future

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Bobby.

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Re: Stock Market crashing !!
Reply #109 - Mar 13^th, 2020 at 8:10am

cods wrote on Mar 13^th, 2020 at 7:56am:

Bam wrote on Mar 13^th, 2020 at 7:53am:

Captain Nemo wrote on Mar 12^th, 2020 at 2:38pm:

The problem is ... you can't say when the bottom has been reached until after it comes up again without being a "dead cat bounce" ... some time to go yet probably before we find out where the bottom of the market was.

Of course, by then we will have missed the absolute bargain prices, but still will be buying shares at a massive discount to where they were a couple of months back.

It ain't all bad. Shares are a long term investment.

A VERY long term investment.

It took the Dow Jones until 1954 to reach the value it had in 1929 before the market crashed.

lets not forget WW11 might have had an effect...and after the war it was austere very much so in England.

it could be tough for those retiring in the near future

ASX futures down 7.5% for today.

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Bobby. Gold Member Online Australian Politics Posts: 118886 Melbourne Gender:	Re: Stock Market crashing !! Reply #110 - Mar 13^th, 2020 at 9:55am ASX down 4.88% now.
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Bam Gold Member Offline Australian Politics Posts: 21905 Gender:	Re: Stock Market crashing !! Reply #111 - Mar 13^th, 2020 at 10:44am All Ords has lost about 32% since its peak on 20 February.
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Bobby. Gold Member Online Australian Politics Posts: 118886 Melbourne Gender:	Re: Stock Market crashing !! Reply #112 - Mar 13^th, 2020 at 11:31am ASX down 8.08%
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Bobby. Gold Member Online Australian Politics Posts: 118886 Melbourne Gender:	Re: Stock Market crashing !! Reply #113 - Mar 13^th, 2020 at 2:02pm ASX staging a rally in the last hour before close. It's down only 2.23.%
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Bobby. Gold Member Online Australian Politics Posts: 118886 Melbourne Gender:	Re: Stock Market crashing !! Reply #114 - Mar 13^th, 2020 at 2:26pm ASX up 2%
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Bobby. Gold Member Online Australian Politics Posts: 118886 Melbourne Gender:	Re: Stock Market crashing !! Reply #115 - Mar 13^th, 2020 at 5:03pm The ASX closed 4.42% up. That is a wild ride from being 8% down!
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Captain Nemo Gold Member Offline Australian Politics Posts: 14915 Melbourne Gender:	Re: Stock Market crashing !! Reply #116 - Mar 13^th, 2020 at 5:20pm Those bastard short-sellers would have got burned badly today.
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Bobby. Gold Member Online Australian Politics Posts: 118886 Melbourne Gender:	Re: Stock Market crashing !! Reply #117 - Mar 13^th, 2020 at 5:22pm Captain Nemo wrote on Mar 13^th, 2020 at 5:20pm: Those bastard short-sellers would have got burned badly today. Still - investors have lost $700 billion in 3 weeks.
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Captain Nemo Gold Member Offline Australian Politics Posts: 14915 Melbourne Gender:	Re: Stock Market crashing !! Reply #118 - Mar 13^th, 2020 at 5:31pm Paper losses yes. The market always has recovered from a crash, it just takes time.
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Bobby.

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Re: Stock Market crashing !!
Reply #119 - Mar 13^th, 2020 at 5:32pm

Captain Nemo wrote on Mar 13^th, 2020 at 5:31pm:

Paper losses yes.

The market always has recovered from a crash, it just takes time.

I reckon our gigantic debt hasn't helped:

ScoMo will have to borrow more money
for the cash handouts.
I suspect the national Govt debt
will now be $800 billion.

That's 4 times Rudd's debt of $200 billion.

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