Squeaky bum time!

k6chris

ffacoffipawb said:

k6chris said:

I'm calling 2345 on the S&P500 as the low.   I will panic after that

It looks almost deliberate.

Worth remembering that currently the S&P500 has plunged to a level not seen since, er, October last year.......

DairyQueen

Deleted_User said:

Anyone thinking that the world is ending after experiencing a mere correction needs to invest time and understand risks and asset allocation.  What we are likely to see next is interest rate drops, Central Banks providing additional liquidity, bargain hunters jumping in and recovery of the market within a few months. It is also possible that Coronavirus will devastate world economies, cause revolutions and create long term bear markets. In the latter case portfolio performance is the least of your problems. 

We didn't have to wait long. Bravo.

Paul_Herring

ffacoffipawb said:

k6chris said:

I'm calling 2345 on the S&P500 as the low.   I will panic after that

It looks almost deliberate.

I have the same combination on my luggage!

ratechaser

DairyQueen said:

Deleted_User said:

Anyone thinking that the world is ending after experiencing a mere correction needs to invest time and understand risks and asset allocation.  What we are likely to see next is interest rate drops, Central Banks providing additional liquidity, bargain hunters jumping in and recovery of the market within a few months. It is also possible that Coronavirus will devastate world economies, cause revolutions and create long term bear markets. In the latter case portfolio performance is the least of your problems. 

We didn't have to wait long. Bravo.

Vive la revolution!

michaels

k6chris said:

I'm calling 2345 on the S&P500 as the low.   I will panic after that

And TSLA to bottom out at 420?

Username999

michaels said:

And TSLA to bottom out at 420?

Sub $400 is my top up area for TSLA.

Thrugelmir

Tesla needs to generate cash from it's large plant investment. To do so needs to sell cars in what was already a broad declining market even before the virus outbreak, 

Username999

IGG.L possibly 'crash proof' stock.
If you think punters are going to continue making trades.
I have it in my income portfolio.
IMHO etc,.

bowlhead99

Username999 said:

IGG.L possibly 'crash proof' stock.
If you think punters are going to continue making trades.
I have it in my income portfolio.
IMHO etc,.

There is nothing 'crash proof' about it. In the last major crash 2007-9, it was at £4.27 on 26 Oct 2007 and had fallen to £1.66 by 20 November 2008. So that's 61.1% fall in less than 13 months.  It then rebounded to the 280-290p range two months later, before hitting £1.66 again in late March 2009, shortly after the world 's major indexes had bottomed out and started to go back up again.

[Deleted User]

The threat of Coronavirus is still significant but the threat of Bernie/Warren has receded. Should help S&P500.