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Economy crash =/= stock market crash?

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Comments

  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    The FTSE 100 is down .94% this morning.  Maybe the Mayans were right afterall.   
  • Hexane
    Hexane Posts: 522 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Type_45 said:
    The FTSE 100 is down .94% this morning.  Maybe the Mayans were right afterall.   
    I think they're moving into Uranus.
    7.25 kWp PV system (4.1kW WSW & 3.15kW ENE), Solis inverter, myenergi eddi & harvi for energy diversion to immersion heater. myenergi hub for Virtual Power Plant demand-side response trial.
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Another strong day on the stock markets yesterday. 0.6% rise on my funds.

    How are the 'heads and shoulders' and 'candles' looking? 
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    500 Posts Second Anniversary Name Dropper Photogenic
    The crash will come between September and March. Don't quote me based on feeling. 
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    edited 29 June 2023 at 12:07AM
    [Deleted User] said:
    The crash will come between September and March. Don't quote me based on feeling. 
    The later the better as I'm building up cash to take advantage of it. I'm not buying equities until closer to April (to take advantage of my ISA allowance).


  • grumiofoundation
    grumiofoundation Posts: 3,051 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    edited 29 June 2023 at 12:07AM
    [Deleted User] said:
    The crash will come between September and March. Don't quote me based on feeling. 
    Sensibly not predicting the year I see! 
  • Prism
    Prism Posts: 3,856 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    I'm not sure why so many people try their hand at predicting the future with no ability to do so.
  • sevenhills
    sevenhills Posts: 5,938 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 29 June 2023 at 12:07AM
    [Deleted User] said:
    The crash will come between September and March. Don't quote me based on feeling. 

    I sold one of my shares(88 Energy) that went up 50% in a week, so if you could be a little more precise, it would help a lot.
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    edited 29 June 2023 at 12:07AM
    sevenhills said:
    [Deleted User] said:
    The crash will come between September and March. Don't quote me based on feeling. 

    I sold one of my shares(88 Energy) that went up 50% in a week, so if you could be a little more precise, it would help a lot.
    Did you sell before or after the 50% rise?
  • sevenhills
    sevenhills Posts: 5,938 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Type_45 said:
    Did you sell before or after the 50% rise?

    After the rise. I also sold my Morrisons shares after their rise, but they have now accepted another buyout, so may go up some more.
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