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False hope from Trump. When they realise everything won't be back to normal by Easter s**t will once again hit the fan.Is this a suckers rally/dead cat bounce etc or can it actually recover?
Theres surely no logic in 4 straight green days? Sheeps to the slaughter?
Yep long, long way from over.
Advice I was given was basically finding businesses that were solid 2 months ago but stock price has been really beaten up. DCA in as it dropsAnd we are getting sold into now.
Yep long, long way from over.
In saying that I might start looking at slowly nibbling at a few things when we get another decent run down. Never gonna pick the actual bottom, should be fine as long as it's stuff that you think are going to be solid long term.
Advice I was given was basically finding businesses that were solid 2 months ago but stock price has been really beaten up. DCA in as it drops
From that I assumed banks that drop more than the market average as well as, Qantas, Afterpay, Webjet (?) which I just randomly looked at and have dropped 70% in a month (though recovering in this rally
As well as industries that you know will jump back but currently getting smashed. Sky City, Star Group, Pointsbet, Crown etc
How does Bigfooty feel about this theory in general? Or are ETF's like VAS etc safer/better?
Complete novice with shares if I am honest. I made out alright in that crypto faze in 2016/17 but wish I'd spent the time since learning about the stock market.
Might be the wrong place to ask, but what do people foretell the exchange rate between USD and AUD doing?
Just need to buy something kind of expensive from overseas and wondering if I should hold off for another week in the event the exchange rate might come down from the current $1.65, or does it have the potential to reach something crazy like $2 because of these times?
Interesting play. I'm tempted.Bought BBUS yesterday and bought more again this morning, expecting the markets to give back this week's gains by next Friday and then some.
Interesting play. I'm tempted.
Positive so far.DYOR obviously, I'm an absolute clown and in no way should be followed for my advice. My cricket tips should be evidence enough of that
True. The first couple of positive days may have just been loss covering/profit taking too.Volatility like this is generally not a good sign. Gut feel is a fortnight of losses incoming.
Looked at the WEB raise yet?Picked up following this morning post drop:
AIA
SYD
WEB
VAS
I had WEB on my watchlist before they announced it. Now i dont know enough the market to know whether its good or bad. I assume bad as you wouldn't do a raise after losing 70%?Looked at the WEB raise yet?
Looked at the WEB raise yet?
We're just past the first rise after the 1929 false bottom. In the little mini dip. Still in the grey shaded area. If that makes sense.Any updates on this?
companies will soon start going bankrupt. There is only so much bailouts governments can do. Then the floodgates will open.