Australian Politics Forum - Share market crash this morning.

freediver Gold Member Offline www.ozpolitic.com Posts: 51268 At my desk.	Re: Share market crash this morning. Reply #315 - Aug 2^nd, 2025 at 4:07pm MeisterEckhart wrote on Aug 2^nd, 2025 at 12:50pm: And all his talk about how he's forcing higher prices on the trading countries' citizens with tariffs? Are you still claiming that Trump said this, but you just cannot find the quote because he has since "pivoted"?
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MeisterEckhart

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Re: Share market crash this morning.
Reply #316 - Aug 2^nd, 2025 at 4:09pm

freediver wrote on Aug 2^nd, 2025 at 4:07pm:

MeisterEckhart wrote on Aug 2^nd, 2025 at 12:50pm:

And all his talk about how he's forcing higher prices on the trading countries' citizens with tariffs?

Are you still claiming that Trump said this, but you just cannot find the quote because he has since "pivoted"?

Autistic deflection.

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freediver

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Re: Share market crash this morning.
Reply #317 - Aug 2^nd, 2025 at 4:37pm

MeisterEckhart wrote on Aug 2^nd, 2025 at 12:50pm:

And all his talk about how he's forcing higher prices on the trading countries' citizens with tariffs?

It's not a deflection Meister. In case you hadn't noticed, it is what you accused me of misunderstanding, and what we have been discussing for the last few pages.

Are you still claiming that Trump said this?

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MeisterEckhart

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Re: Share market crash this morning.
Reply #318 - Aug 2^nd, 2025 at 4:47pm

freediver wrote on Aug 2^nd, 2025 at 4:37pm:

MeisterEckhart wrote on Aug 2^nd, 2025 at 12:50pm:

And all his talk about how he's forcing higher prices on the trading countries' citizens with tariffs?

It's not a deflection Meister. In case you hadn't noticed, it is what you accused me of misunderstanding, and what we have been discussing for the last few pages.

Are you still claiming that Trump said this?

Autistic deflection.

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freediver Gold Member Offline www.ozpolitic.com Posts: 51268 At my desk.	Re: Share market crash this morning. Reply #319 - Aug 2^nd, 2025 at 5:03pm Did you just make it up Meister, then try to blame your confusion on me?
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freediver

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Re: Share market crash this morning.
Reply #320 - Aug 5^th, 2025 at 9:43am

The US markets bounced and are back to where they were at close of trade on Thursday. I can't make sense of it.

https://finance.yahoo.com/news/live/stock-market-today-dow-jumps-580-points-sp-5
00-nasdaq-have-best-day-since-may-as-wall-street-bounces-back-200023079.html

Quote:

On Monday, Trump said he would be "substantially raising" tariffs on India as he presses to stop purchasing Russian oil, effectively accusing the nation of subsidizing Russia's war in Ukraine.

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Captain Nemo Gold Member Offline Australian Politics Posts: 12753 Melbourne Gender:	Re: Share market crash this morning. Reply #321 - Sep 9^th, 2025 at 2:02pm I have a hunch that the market is going to have a nasty fall soon. I'm starting to sell off and take some profits.
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Captain Nemo Gold Member Offline Australian Politics Posts: 12753 Melbourne Gender:	Re: Share market crash this morning. Reply #322 - Sep 10^th, 2025 at 10:36am Wow! Stroke of luck ... I sold my PILBARA MINERALS LIMITED shares yesterday and today they are down 14%
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freediver Gold Member Offline www.ozpolitic.com Posts: 51268 At my desk.	Re: Share market crash this morning. Reply #323 - Sep 10^th, 2025 at 10:45am I sold my first batch at $2.50 on Monday. Maybe I will buy them back again soon.
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Captain Nemo

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Re: Share market crash this morning.
Reply #324 - Sep 10^th, 2025 at 11:00am

freediver wrote on Sep 10^th, 2025 at 10:45am:

I sold my first batch at $2.50 on Monday. Maybe I will buy them back again soon.

Well done.

I reckon they should be a good long-term investment but then again, I've been a bit worried by the EV sales market cooling a bit and BHP backing out of large-scale battery projects makes me a little nervous. Undecided

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freediver

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Re: Share market crash this morning.
Reply #325 - Sep 10^th, 2025 at 11:17am

Long term, it is looking good. If it keeps going down in the short term I will be looking at other lithium stocks to buy, in addition to putting that cash back into PLS. Have not decided what is next on my list yet.

There will never be a shortage of customers. The only real risk is China keeping the price artificially low by propping up unprofitable lithium mines. I think the recent spike was caused by China closing a few of them.

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