Australian Politics Forum - Stock Market Crash

Boris Gold Member Offline Australian Politics Posts: 4456 Gender:	Stock Market Crash Aug 27^th, 2022 at 7:30am Started on January 4th on the S&P500 and had a dead cat and... Last night started the next and biggest leg down The Crash is on - its a good buy market - goodbye house, goodbye car, goodbye job.
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Jasin Gold Member Offline Posts: 56808 Gender:	Re: Stock Market Crash Reply #1 - Aug 27^th, 2022 at 7:43am About time. 100 years ago - Great Pandemic/Great Depression/WW1 Now - Great Pandemic/Great Inflation/WW3
Back to top	AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY. IP Logged

Bobby. Gold Member Offline Australian Politics Posts: 120513 Melbourne Gender:	Re: Stock Market Crash Reply #2 - Aug 27^th, 2022 at 8:13am Wall street crashed overnight: Markets DOW 32,283.40 -1008.38 -3.03% S&P 500 4,057.66 -141.46 -3.37% NASDAQ 12,141.71 -497.56 -3.94% https://edition.cnn.com/business
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freediver Gold Member Offline www.ozpolitic.com Posts: 53208 At my desk.	Re: Stock Market Crash Reply #3 - Aug 27^th, 2022 at 8:46am Boris are you going to start one of these threads every few days in the hope that one day you will be right?
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Bobby.

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Re: Stock Market Crash
Reply #4 - Aug 27^th, 2022 at 9:07am

https://edition.cnn.com/business/live-news/stock-market-today-jackson-hole#h_c43...

2 hr 49 min ago

Dow plunges more than 1,000 points following Fed comments

US stocks plummeted on Friday following a warning from Federal Reserve Chair Jerome Powell that the central bank will not end its fight against rapid inflation anytime soon.

Powell’s comments weighed on investors, who grappled with what more aggressive interest rate hikes might mean for the health of the economy.

The Dow closed down 1008 points, or 3%.
The S&P 500 fell by 3.4%.
The Nasdaq Composite closed 3.9% lower.

For the week, the Dow fell by 4.2%. The S&P 500 and Nasdaq Composite were down 4% and 4.4%, respectively.

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Boris Gold Member Offline Australian Politics Posts: 4456 Gender:	Re: Stock Market Crash Reply #5 - Aug 27^th, 2022 at 9:16am Just the beginning I have been expecting this The markets will lose 90% from peak That's what Bubbles do
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Sir lastnail Gold Member Offline Australian Politics Posts: 30923 Gender:	Re: Stock Market Crash Reply #6 - Aug 27^th, 2022 at 9:21am freediver wrote on Aug 27^th, 2022 at 8:46am: Boris are you going to start one of these threads every few days in the hope that one day you will be right? he is right !
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freediver Gold Member Offline www.ozpolitic.com Posts: 53208 At my desk.	Re: Stock Market Crash Reply #7 - Aug 27^th, 2022 at 9:26am Sir lastnail wrote on Aug 27^th, 2022 at 9:21am: freediver wrote on Aug 27^th, 2022 at 8:46am: Boris are you going to start one of these threads every few days in the hope that one day you will be right? he is right ! So is a stopped clock. Twice a day. That's more often than Boris.
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Bobby. Gold Member Offline Australian Politics Posts: 120513 Melbourne Gender:	Re: Stock Market Crash Reply #8 - Aug 27^th, 2022 at 9:26am Boris wrote on Aug 27^th, 2022 at 9:16am: Just the beginning I have been expecting this The markets will lose 90% from peak That's what Bubbles do Many people have their Superannuation gambled on the stock market. They should expect large losses. Some would have been better off in a casino.
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Sir lastnail

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Re: Stock Market Crash
Reply #9 - Aug 27^th, 2022 at 9:29am

freediver wrote on Aug 27^th, 2022 at 9:26am:

Sir lastnail wrote on Aug 27^th, 2022 at 9:21am:

freediver wrote on Aug 27^th, 2022 at 8:46am:

Boris are you going to start one of these threads every few days in the hope that one day you will be right?

he is right !

So is a stopped clock. Twice a day. That's more often than Boris.

You going to bet your life savings on a stopped clock only being right twice a day. Good luck with 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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freediver

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At my desk.

Re: Stock Market Crash
Reply #10 - Aug 27^th, 2022 at 9:33am

Sir lastnail wrote on Aug 27^th, 2022 at 9:29am:

freediver wrote on Aug 27^th, 2022 at 9:26am:

Sir lastnail wrote on Aug 27^th, 2022 at 9:21am:

freediver wrote on Aug 27^th, 2022 at 8:46am:

Boris are you going to start one of these threads every few days in the hope that one day you will be right?

he is right !

So is a stopped clock. Twice a day. That's more often than Boris.

You going to bet your life savings on a stopped clock only being right twice a day. Good luck with that Cheesy

LOL

How often do you think a stopped clock has the right time?

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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.

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Bobby.

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Melbourne
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Re: Stock Market Crash
Reply #11 - Aug 27^th, 2022 at 9:34am

Sir lastnail wrote on Aug 27^th, 2022 at 9:29am:

freediver wrote on Aug 27^th, 2022 at 9:26am:

Sir lastnail wrote on Aug 27^th, 2022 at 9:21am:

freediver wrote on Aug 27^th, 2022 at 8:46am:

Boris are you going to start one of these threads every few days in the hope that one day you will be right?

he is right !

So is a stopped clock. Twice a day. That's more often than Boris.

You going to bet your life savings on a stopped clock only being right twice a day. Good luck with that Cheesy

LOL

Hi sir Nail,

sell, no buy, no SELL. Shocked

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Sir lastnail

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Re: Stock Market Crash
Reply #12 - Aug 27^th, 2022 at 9:44am

freediver wrote on Aug 27^th, 2022 at 9:33am:

Sir lastnail wrote on Aug 27^th, 2022 at 9:29am:

freediver wrote on Aug 27^th, 2022 at 9:26am:

Sir lastnail wrote on Aug 27^th, 2022 at 9:21am:

freediver wrote on Aug 27^th, 2022 at 8:46am:

Boris are you going to start one of these threads every few days in the hope that one day you will be right?

he is right !

So is a stopped clock. Twice a day. That's more often than Boris.

You going to bet your life savings on a stopped clock only being right twice a day. Good luck with that Cheesy

LOL

How often do you think a stopped clock has the right time?

You don't have to convince me mate. I and many others went through the dot com crash back in 2000's. At first everyone is in denial but the smart players have already got out months or years ago whilst you hang onto hope and think that you can out think the markets. When the posty comes into your shop and starts giving you stock tips then you better to run for your life and get out Wink

Been there and done that Sad

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« Last Edit: Aug 27^th, 2022 at 9:58am 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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Boris Gold Member Offline Australian Politics Posts: 4456 Gender:	Re: Stock Market Crash Reply #13 - Aug 27^th, 2022 at 9:55am Keep watching
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freediver

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Posts: 53208
At my desk.

Re: Stock Market Crash
Reply #14 - Aug 27^th, 2022 at 10:17am

Sir lastnail wrote on Aug 27^th, 2022 at 9:44am:

freediver wrote on Aug 27^th, 2022 at 9:33am:

Sir lastnail wrote on Aug 27^th, 2022 at 9:29am:

freediver wrote on Aug 27^th, 2022 at 9:26am:

Sir lastnail wrote on Aug 27^th, 2022 at 9:21am:

freediver wrote on Aug 27^th, 2022 at 8:46am:

Boris are you going to start one of these threads every few days in the hope that one day you will be right?

he is right !

So is a stopped clock. Twice a day. That's more often than Boris.

You going to bet your life savings on a stopped clock only being right twice a day. Good luck with that Cheesy

LOL

How often do you think a stopped clock has the right time?

You don't have to convince me mate. I and many others went through the dot com crash back in 2000's. At first everyone is in denial but the smart players have already got out months or years ago whilst you hang onto hope and think that you can out think the markets. When the posty comes into your shop and starts giving you stock tips then you better to run for your life and get out Wink

Been there and done that Sad

So we should take you seriously because you got it wrong 20 years ago?

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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.

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