Australian Politics Forum - Share market crash this morning.

Bobby. Gold Member Offline Australian Politics Posts: 118965 Melbourne Gender:	Re: Share market crash this morning. Reply #555 - Apr 18^th, 2026 at 12:28pm Leroy wrote on Apr 18^th, 2026 at 12:20pm: Bobby. wrote on Apr 18^th, 2026 at 12:14pm: Wall street went up - BUY No no no Bobby, you sell when it goes up and buy when its down. OK - SELLLLLLLLLLLLLLL
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Bobby. Gold Member Offline Australian Politics Posts: 118965 Melbourne Gender:	Re: Share market crash this morning. Reply #556 - Apr 18^th, 2026 at 12:29pm Wall street went up - SELL https://edition.cnn.com/markets Dow Index 49,447.43 Change + 868.71 +1.79% S&P 500 Index 7,126.06 Change + 84.78 +1.20% NASDAQ Index 24,468.48 Change + 365.78 + 1.52%
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Leroy Gold Member Offline Australian Politics Posts: 4806 Gender:	Re: Share market crash this morning. Reply #557 - Apr 18^th, 2026 at 1:06pm Bobby. wrote on Apr 18^th, 2026 at 12:29pm: Wall street went up - SELL No no no not yet Bobby, you need to maximize your gains. There are three stages in shares, buy, sell and hold.
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Bobby. Gold Member Offline Australian Politics Posts: 118965 Melbourne Gender:	Re: Share market crash this morning. Reply #558 - Apr 18^th, 2026 at 3:45pm Leroy wrote on Apr 18^th, 2026 at 1:06pm: Bobby. wrote on Apr 18^th, 2026 at 12:29pm: Wall street went up - SELL No no no not yet Bobby, you need to maximize your gains. There are three stages in shares, buy, sell and hold. DOW Premarket: +1.84% https://edition.cnn.com/markets/premarkets
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freediver Gold Member Offline www.ozpolitic.com Posts: 52867 At my desk.	Re: Share market crash this morning. Reply #559 - Yesterday at 1:06pm Bobby I thought your strategy was to sell when the market is down, and buy when it is up?
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Bobby. Gold Member Offline Australian Politics Posts: 118965 Melbourne Gender:	Re: Share market crash this morning. Reply #560 - Yesterday at 1:14pm freediver wrote Yesterday at 1:06pm: Bobby I thought your strategy was to sell when the market is down, and buy when it is up? I dunno what my strategy is anymore - it's such a crazy market that I'm too paralysed by fear to join in with it.
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Carl D

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Re: Share market crash this morning.
Reply #561 - Today at 11:00am

My strategy has always been a simple one.

I've never gambled any money on the stock market in my entire life.

And, it has definitely been a sound strategy.

I'm still laughing my head off at how the markets are going up and down like a yo-yo at the moment in almost perfect synchronization with Trump's mouth (or, more precisely, his "Truth" Social rants).

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Leroy

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Re: Share market crash this morning.
Reply #562 - Today at 11:08am

Carl D wrote Today at 11:00am:

My strategy has always been a simple one.

I've never gambled any money on the stock market in my entire life.

And, it has definitely been a sound strategy.

I'm still laughing my head off at how the markets are going up and down like a yo-yo at the moment in almost perfect synchronization with Trump's mouth (or, more precisely, his "Truth" Social rants).

You must be one of the very few people that have not got any super.

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Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"

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Carl D

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Re: Share market crash this morning.
Reply #563 - Today at 11:23am

Leroy wrote Today at 11:08am:

You must be one of the very few people that have not got any super.

Ah, yes - the superannuation rort with all its sharemarket gambling and endless "fees and charges". Boy, how I don't miss having to deal with that anymore.

When I retired early at the end of June 2019 (at the age of 61 nearly 62) I started taking my super as an account based pension, still being "gambled" on the stock market but when Covid hit 6 months later in early 2020 I had the whole remaining balance moved to cash and I left it there until I used it all up (well, most of it) and then I applied for the age pension in September 2024 at the age of 67.

And, before anyone says anything - I had to retire early in 2019 to take care of my elderly aunt seeing as I didn't have anyone else to help look after her.

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Leroy

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Re: Share market crash this morning.
Reply #564 - Today at 11:29am

Carl D wrote Today at 11:23am:

Leroy wrote Today at 11:08am:

You must be one of the very few people that have not got any super.

Ah, yes - the superannuation rort with all its sharemarket gambling and endless "fees and charges". Boy, how I don't miss having to deal with that anymore.

When I retired early at the end of June 2019 (at the age of 61 nearly 62) I started taking my super as an account based pension, still being "gambled" on the stock market but when Covid hit 6 months later in early 2020 I had the whole remaining balance moved to cash and I left it there until I used it all up (well, most of it) and then I applied for the age pension in September 2024 at the age of 67.

And, before anyone says anything - I had to retire early in 2019 to take care of my elderly aunt seeing as I didn't have anyone else to help look after her.

Super in cash, that's where they invest your money in the stock market and you get 3-4% and they get the rest.

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Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"

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