Australian Politics Forum - Stock Market crashing !!

Sir lastnail

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Re: Stock Market crashing !!
Reply #15 - Mar 9^th, 2020 at 12:20pm

Gordon wrote on Mar 9^th, 2020 at 11:36am:

Sir lastnail wrote on Mar 9^th, 2020 at 11:34am:

ASX down 6.1% !!

A smart bloke like you would see this as a buying opportunity, right?

I heard the same advice the other day ! Free financial advice is worth what you pay for it Wink

The moral of the story is never try and catch a falling knife Sad

ASX now down 6.5% !

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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995

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Sir lastnail

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Re: Stock Market crashing !!
Reply #16 - Mar 9^th, 2020 at 12:24pm

Baronvonrort wrote on Mar 9^th, 2020 at 12:09pm:

Gordon wrote on Mar 9^th, 2020 at 11:36am:

Sir lastnail wrote on Mar 9^th, 2020 at 11:34am:

ASX down 6.1% !!

A smart bloke like you would see this as a buying opportunity, right?

Nah Nails doesn't have any money.

Smart is offloading 3000 Commonwealth Banks shares on Thursday afternoon at $77.50 then buying them back at $70.08 today for a tidy sum in a couple of days.

The Commonwealth bank isn't going to go broke the lefties continually whinge how banks are crooks..lol

You got a margin call did ya Wink

LOL

and how much cash reserves does the bank have to cover it's bad loans ?? And how much of its loan book is in property ??

when scumo and co no longer have any more cans to kick down the road to keep their housing ponzi scam going what you going to do with your bank shares ?? Maybe use them as dunny roll Cheesy

LOL

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« Last Edit: Mar 9^th, 2020 at 12:39pm by Sir lastnail »

"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995

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Bam Gold Member Offline Australian Politics Posts: 21905 Gender:	Re: Stock Market crashing !! Reply #17 - Mar 9^th, 2020 at 2:32pm The stock markets were due for a correction at some point. They have been overvalued for some time.
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cods Gold Member Offline Australian Politics Posts: 88048	Re: Stock Market crashing !! Reply #18 - Mar 9^th, 2020 at 2:34pm this is a happy day for sir rusty! dont spoil it for him'. the last happy day he had was when the housing market crashed..
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Gordon Gold Member Online Australian Politics Posts: 21806 Gordon Gender:	Re: Stock Market crashing !! Reply #19 - Mar 9^th, 2020 at 2:49pm Bam wrote on Mar 9^th, 2020 at 2:32pm: The stock markets were due for a correction at some point. They have been overvalued for some time. Yup, everybody has been waiting for this for a chance to buy in.
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chimera Gold Member Offline Australian Politics Posts: 15426 Armidale Gender:	Re: Stock Market crashing !! Reply #20 - Mar 9^th, 2020 at 2:53pm The great depression was great for smarts. So was GFC. Trump's golf with big money will pay off great. Making Donald greater.
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Sir lastnail Gold Member Offline Australian Politics Posts: 30917 Gender:	Re: Stock Market crashing !! Reply #21 - Mar 9^th, 2020 at 3:12pm cods wrote on Mar 9^th, 2020 at 2:34pm: this is a happy day for sir rusty! dont spoil it for him'. the last happy day he had was when the housing market crashed.. ASX XAO down 8% !! And I have done most of my shopping at Aldis just to make your day
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Sir lastnail

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Re: Stock Market crashing !!
Reply #22 - Mar 9^th, 2020 at 3:16pm

Gordon wrote on Mar 9^th, 2020 at 2:49pm:

Bam wrote on Mar 9^th, 2020 at 2:32pm:

The stock markets were due for a correction at some point. They have been overvalued for some time.

Yup, everybody has been waiting for this for a chance to buy in.

They said this the other day, and the day before that, and the day before that... Cheesy

LOL

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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995

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Bobby.

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Re: Stock Market crashing !!
Reply #23 - Mar 9^th, 2020 at 4:32pm

https://edition.cnn.com/2020/03/08/investing/stock-dow-futures-coronavirus/index...

S&P 500 (SPX) futures plunged as much as 5% Sunday evening,

triggering a limit that prevents futures from trading below that mark. Dow (INDU) futures fell more than 1,200 points, or about 4.9%. Nasdaq Composite (COMP) futures were down 4.8%.

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Frank Gold Member Offline Australian Politics Posts: 57851 Gender:	Re: Stock Market crashing !! Reply #24 - Mar 9^th, 2020 at 5:06pm I wonder how gun sales are going.... Any panic buying there yet?
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Sir Grappler Truth Teller OAM Gold Member Offline Australian Politics Posts: 90144 Proud Old White Australian Man Gender:	Re: Stock Market crashing !! Reply #25 - Mar 9^th, 2020 at 5:25pm Downe at Ye Olde Walle Streete:- "JESUS! What was that noise?" "The stock market collapsing..."
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Setanta Gold Member Offline \/ Peace man! Posts: 17285 Northern NSW Gender:	Re: Stock Market crashing !! Reply #26 - Mar 9^th, 2020 at 5:26pm Frank wrote on Mar 9^th, 2020 at 5:06pm: I wonder how gun sales are going.... Any panic buying there yet? I didn't bother renewing my firearm license after Howard. I might have to stock up on hunting arrows. Yeehaw!
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chimera Gold Member Offline Australian Politics Posts: 15426 Armidale Gender:	Re: Stock Market crashing !! Reply #27 - Mar 9^th, 2020 at 5:32pm People who KNOW wear full body plastic and Islamic head bags. No frilly little nose cone. Santa Claus has a chance.
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Setanta Gold Member Offline \/ Peace man! Posts: 17285 Northern NSW Gender:	Re: Stock Market crashing !! Reply #28 - Mar 9^th, 2020 at 5:34pm chimera wrote on Mar 9^th, 2020 at 5:32pm: People who KNOW wear full body plastic and Islamic head bags. No frilly little nose cone. Santa Claus has a chance. Hasn't helped Iran.
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Captain Caveman

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Re: Stock Market crashing !!
Reply #29 - Mar 9^th, 2020 at 6:16pm

Setanta wrote on Mar 9^th, 2020 at 5:26pm:

Frank wrote on Mar 9^th, 2020 at 5:06pm:

I wonder how gun sales are going....

Any panic buying there yet?

I didn't bother renewing my firearm license after Howard. I might have to stock up on hunting arrows. Yeehaw!

https://2.bp.blogspot.com/-HM-GExrAQZ8/VsfmBrQwbJI/AAAAAAAAB7M/po5oedghSq0/s1600...

Now that is the smart way. Stuff the guns.
Also learn to use a machete or some form of sword.

Guns are noisey....
Bullets will last for 5 minutes.
So many ingredients to have a accurate working firearm.....and a single shot bolt action. Good luck with them.

A bow is simple. Can be made from fishing line, pvc pipe and a trampoline spring.
Abo's invented the material for arrows.
They're quiet.
Most used weapon throughout history's wars.

As for the stock market.
This had to happen.
Wait till people are paying banks to keep their money in them because it is illegal to have more than 10k on your person.

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