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Ftse Dow sweepstake


Green Devil

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sancho panza

I wouldn't be surprised by an up day.........or at worst a mild down day.

8 minutes ago, M S E Refugee said:

Probably a humongous drop as I sold all of my shorts on Friday:CryBaby:

good timing imho

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Wight Flight
13 minutes ago, M S E Refugee said:

Probably a humongous drop as I sold all of my shorts on Friday:CryBaby:

How many pairs did you have?

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Green Devil
59 minutes ago, M S E Refugee said:

Probably a humongous drop as I sold all of my shorts on Friday:CryBaby:

Traded them in for bog roll? 

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M S E Refugee
5 hours ago, sancho panza said:

I wouldn't be surprised by an up day.........or at worst a mild down day.

good timing imho

I am mostly in cash with some Gold and Gold miners.

I would much rather be invested in stocks but there is too much uncertainty for me to risk my cash.

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TheCountOfNowhere
38 minutes ago, M S E Refugee said:

I am mostly in cash with some Gold and Gold miners.

I would much rather be invested in stocks but there is too much uncertainty for me to risk my cash.

I think there's a lot of certainty with the stock market. 

 

Im certain its a low ir magicked up cash fuelled bubble and im certain that at some point, perhaps now, there are huge falls coming. Im pretty certain over the next 3 months its not going up. 

 

 

 

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6 minutes ago, dgul said:

Futures opened down hard -- will 'something happen' before the US markets open?

Such as? xD

Plunge protection team, or more chaos?

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Just now, Loki said:

Such as? xD

Plunge protection team, or more chaos?

Who knows.  All I know is just when you've worked out what's going on, something new comes along to change everything.

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Green Devil

Dow futures opened - 1500. Oops. Looks like I may have underestimated 😂

Oil has crashed - 20% to 33$. 

Regular trading is going to be crazy. 

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4 hours ago, Green Devil said:

https://www.cnbc.com/2020/03/08/oil-a-bigger-problem-for-markets-than-the-coronavirus-after-opec-deal-collapse.html

Russia refused to cut production. Looks like their wish to crash the USA is coming to fruition. Putin is a far better chess player than trump. His gold accumulation over the last few years is looking a smart play. 

Gold accumulation since the GFC phase 1 was the only smart play for looooong term planners in government.  Putin could do this, as he can basically ignore pesky elections.  Same for the Chinese, who have been going gangbusters accumulating gold.

 

What's that Uncle Sam?  You want to sell us bit of paper again this year?  Sorry, no understandy.  Gold only, please.

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20 hours ago, M S E Refugee said:

Probably a humongous drop as I sold all of my shorts on Friday:CryBaby:

In a recession, you only need to cover the upper half of your body, like some some cartoon characters.

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Green Devil
On 08/03/2020 at 13:09, Green Devil said:

So what's happening with the ftse and Dow on Monday? 

I reckon ftse down -300, Dow -1500.

Place your bets. 

Eek, ftse down 469.

Dow down 1650 so far.

 

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Popuplights
27 minutes ago, Green Devil said:

Eek, ftse down 469.

Dow down 1650 so far.

 

Yes, DJI is just hovering at the -6.5% mark

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