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stock market crash

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    *yawn*

    It means jack tulip unless there is a Gravestone like squggly lines

    Comment


      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        MOTHER ****ER!!!

        Comment


          US elections on Tuesday. Scooter is right in that a non-clear or contested result will not bode well for the markets in the short term.
          Covid massive issue again.

          Large US Tech doom and gloom in all the papers even though they mainly smashed their figures.
          Ongoing senate investigations into the monopoly of Amazon, Google, Facebook etc..

          A lot of the global fund managers have been shifting some of their portfolios over to Far Eastern stocks recently.

          However, people will all still be buying their xmas presents through Amazon, posting their lockdown stories on Facebook, browsing the internet with google..using instagram, whatsapp..etc etc.

          Amazon massive move into home deliveries, banking coming soon, AWS still No.1 in cloud services, Microsoft Azure No.2. Biden win will be good for Tesla, alternative energy etc.

          Posted before, but if they break Amazon up in the future, is that bad? Bezos has talked about doing that himself before.

          So, it’s going to get very rocky I think, but not like March/April hopefully as markets are expecting this. People will gamble and pull money out, hoping for a crash and massive bounce back again.

          Will be an interesting couple of months thats for sure. I’ve freed up some funds to cash in portfolio, ISA entitlement hardly used, moved some money from North America to Far East Trusts.

          So, thats it. Riding it out, buying on any major dips, and only major change might be to move into some European stocks in the spring when hopefully covid and brexit have gone away.

          Good luck in the next few weeks anyway, whoever you are, and whatever your investment strategy.

          Comment


            Originally posted by BABABlackSheep View Post
            US elections on Tuesday. Scooter is right in that a non-clear or contested result will not bode well for the markets in the short term.
            Covid massive issue again.

            Large US Tech doom and gloom in all the papers even though they mainly smashed their figures.
            Ongoing senate investigations into the monopoly of Amazon, Google, Facebook etc..

            A lot of the global fund managers have been shifting some of their portfolios over to Far Eastern stocks recently.

            However, people will all still be buying their xmas presents through Amazon, posting their lockdown stories on Facebook, browsing the internet with google..using instagram, whatsapp..etc etc.

            Amazon massive move into home deliveries, banking coming soon, AWS still No.1 in cloud services, Microsoft Azure No.2. Biden win will be good for Tesla, alternative energy etc.

            Posted before, but if they break Amazon up in the future, is that bad? Bezos has talked about doing that himself before.

            So, it’s going to get very rocky I think, but not like March/April hopefully as markets are expecting this. People will gamble and pull money out, hoping for a crash and massive bounce back again.

            Will be an interesting couple of months thats for sure. I’ve freed up some funds to cash in portfolio, ISA entitlement hardly used, moved some money from North America to Far East Trusts.

            So, thats it. Riding it out, buying on any major dips, and only major change might be to move into some European stocks in the spring when hopefully covid and brexit have gone away.

            Good luck in the next few weeks anyway, whoever you are, and whatever your investment strategy.
            Nice sensible thoughts without ridiculous and pointless mumbo jumbo on some chart of old prices.

            Keep going like that and you'll end up very wealthy, unlike you know who.
            First Law of Contracting: Only the strong survive

            Comment


              Originally posted by _V_ View Post
              Nice sensible thoughts without ridiculous and pointless mumbo jumbo on some chart of old prices.

              Keep going like that and you'll end up very wealthy, unlike you know who.
              Trump?

              Donald Trump owes real estate debts of $1.1bn with $900m due in next four years, report says
              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

              Comment


                Originally posted by _V_ View Post
                Nice sensible thoughts without ridiculous and pointless mumbo jumbo on some chart of old prices.

                Keep going like that and you'll end up very wealthy, unlike you know who.
                Cheers. I didn’t even mention the massive trillion pound US FED Stimulus coming soon as the elections are sorted.

                Here we are now a few days later. National lockdown Till 2nd Dec, all non-essential shops closed !!! Why in gods name would they close non-essential shops?

                So, everyone now will panic(like my wife) and buy all the kids presents early... Amazon will rake it in. People will get bored again, start Amazon Prime subscriptions, netflix again, online payment providers will all have a field day. Work from home if you can again, xmas soon, watch hits on apple.com increase.

                Very handy this for certain company bosses... Gates, Bezos to name two.
                Last edited by BABABlackSheep; 1 November 2020, 12:08.

                Comment


                  Originally posted by BABABlackSheep View Post
                  Cheers. I didn’t even mention the massive trillion pound US FED Stimulus coming soon as the elections are sorted.
                  Stimulus this side of Christmas? Don't see it happening. Statistics of the 1st stimulus are now widely available - if anything the cheques actually hurt the economy rather than help it. Some facts:

                  1) Less than 20% of stimulus money was used on spending. The system we have now is debt based, it only works if more debt is created. The stimulus did not help create new debt.

                  Stimulus check: what did Americans use the money for? - AS.com

                  2) The majority of people actually saved or paid off debt with the stimulus. This is (1) ^ 2 (hence the Stimulus actually hurt the economy).

                  The above is now known by both houses. Both spend their time gaslighting for election purposes, pretending the finger on the trigger ready to release more but neither wish to because it is known it'll not help the economy in the near or long term.
                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                  Comment


                    Originally posted by scooterscot View Post
                    Stimulus this side of Christmas? Don't see it happening. Statistics of the 1st stimulus are now widely available - if anything the cheques actually hurt the economy rather than help it. Some facts:

                    1) Less than 20% of stimulus money was used on spending. The system we have now is debt based, it only works if more debt is created. The stimulus did not help create new debt.

                    Stimulus check: what did Americans use the money for? - AS.com

                    2) The majority of people actually saved or paid off debt with the stimulus. This is (1) ^ 2 (hence the Stimulus actually hurt the economy).

                    The above is now known by both houses. Both spend their time gaslighting for election purposes, pretending the finger on the trigger ready to release more but neither wish to because it is known it'll not help the economy in the near or long term.
                    Maybe. But you just know its coming anyway.

                    Comment


                      Originally posted by scooterscot View Post
                      Stimulus this side of Christmas? Don't see it happening. Statistics of the 1st stimulus are now widely available - if anything the cheques actually hurt the economy rather than help it. Some facts:

                      1) Less than 20% of stimulus money was used on spending. The system we have now is debt based, it only works if more debt is created. The stimulus did not help create new debt.

                      Stimulus check: what did Americans use the money for? - AS.com

                      2) The majority of people actually saved or paid off debt with the stimulus. This is (1) ^ 2 (hence the Stimulus actually hurt the economy).

                      The above is now known by both houses. Both spend their time gaslighting for election purposes, pretending the finger on the trigger ready to release more but neither wish to because it is known it'll not help the economy in the near or long term.
                      You've been saying for ages that the stock markets will crash due to massive debts ...... now you're dooming because debt is being paid off. Seems whatever happens you're calling doom.

                      Under what circumstances would you call markets rising?
                      I am what I drink, and I'm a bitter man

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