Has the dead cat finished bouncing?

Prism

What crash? Its all done isn't it? I'm back to all time highs.

Sailtheworld

Will someone wake me up on April 10th 2021? That's when I'll make my next purchase of VWRL (or something cheaper) and/ or VGOV.

My SIPP is a sniff off February highs and I've done absolutely nothing other than top up with VWRL as the cash became available.

BananaRepublic

ProDave said:

I would say the cat has finished bouncing, about yesterday.

The markets have finally woken up to the fact Q2 GDP is going to be a LOT worse than the already bad Q1 GDP.

Is this the start of the REAL crash?

My thoughts too. A few of us have said this is more serious than the 2008 crash, and this is one of those times when I hope I am wrong. The government are in a no win situation.

So, when will markets recover to the pre-crash levels? After the GFC it took about 4 years. If this is worse, it could be much longer ... Now where did I leave my tin hat?

ProDave

Can someone clarify.  With a fund that is valued daily at 9PM, If I give the SELL instruction to HL before 9PM will I still get the quoted price today?  Or will it be sold tomorrow and I get tomorrows (probably lower) price?

ColdIron

I think HL's cut off time is 08:00 AM so you have missed that. You should get the price at 09:00 PM tomorrow

Stargunner

I sold all my equities in early March. When the market started recovering I bought them all back. I missed the bottom as I didn’t buy back until around the middle of April but I have managed to make 15% since then. I am nervous about another crash coming, so I sold them all again first thing this morning and will wait until things settle down. 

Thrugelmir

BananaRepublic said:

ProDave said:

I would say the cat has finished bouncing, about yesterday.

The markets have finally woken up to the fact Q2 GDP is going to be a LOT worse than the already bad Q1 GDP.

Is this the start of the REAL crash?

A few of us have said this is more serious than the 2008 crash, and this is one of those times when I hope I am wrong. 

Very different times. This time it's going to impact many directly not the few. 

ProDave

Thrugelmir said:

BananaRepublic said:

ProDave said:

I would say the cat has finished bouncing, about yesterday.

The markets have finally woken up to the fact Q2 GDP is going to be a LOT worse than the already bad Q1 GDP.

Is this the start of the REAL crash?

A few of us have said this is more serious than the 2008 crash, and this is one of those times when I hope I am wrong. 

Very different times. This time it's going to impact many directly not the few. 

I can just see Jeremy Corbyn saying "For the many, not the few"  After all it would be selfish if we did not all suffer.

Thrugelmir

ProDave said:

Thrugelmir said:

BananaRepublic said:

ProDave said:

I would say the cat has finished bouncing, about yesterday.

The markets have finally woken up to the fact Q2 GDP is going to be a LOT worse than the already bad Q1 GDP.

Is this the start of the REAL crash?

A few of us have said this is more serious than the 2008 crash, and this is one of those times when I hope I am wrong. 

Very different times. This time it's going to impact many directly not the few. 

I can just see Jeremy Corbyn saying "For the many, not the few"  After all it would be selfish if we did not all suffer.

The unemployment figures in the months ahead will be telling. As the furloughing scheme is tapered. 

HHarry

ProDave said:

I would say the cat has finished bouncing, about yesterday.

The markets have finally woken up to the fact Q2 GDP is going to be a LOT worse than the already bad Q1 GDP.

Is this the start of the REAL crash?

But Q1 wasn’t as bad as predicted - a 2% drop rather than 2.6%.
And there can’t be any surprise that Q2 is going to be horrendous.

Trying to stay positive!