Economy crash =/= stock market crash?

Type_45

beavere38 said:

Type_45 said:

I still don't understand why you'd sell your properties. Why not just rent them out?

And you've no doubt had to pay CGT etc on them.

I inherited both properties recently. If you search for threads by me you will see me asking questions on here about probate last year. Renting them out was an option but I believe a house price crash is coming hence I am selling and no CGT to pay. Regarding the moving averages, well this is an early warning that something is wrong very close to the top so obviously everything is above all the averages at the moment. I would rather be aware near the top than half way down to the bottom.

Fair enough.  You've played your hand by going into cash.  Let's see how the next few months/year plays out.

billy2shots

Type_45 said:

beavere38 said:

Type_45 said:

I still don't understand why you'd sell your properties. Why not just rent them out?

And you've no doubt had to pay CGT etc on them.

I inherited both properties recently. If you search for threads by me you will see me asking questions on here about probate last year. Renting them out was an option but I believe a house price crash is coming hence I am selling and no CGT to pay. Regarding the moving averages, well this is an early warning that something is wrong very close to the top so obviously everything is above all the averages at the moment. I would rather be aware near the top than half way down to the bottom.

How will you know when to re-enter the market (stocks or housing)? 

Easy, when they hit the bottom....

beavere38

Type_45 said:

beavere38 said:

Type_45 said:

I still don't understand why you'd sell your properties. Why not just rent them out?

And you've no doubt had to pay CGT etc on them.

I inherited both properties recently. If you search for threads by me you will see me asking questions on here about probate last year. Renting them out was an option but I believe a house price crash is coming hence I am selling and no CGT to pay. Regarding the moving averages, well this is an early warning that something is wrong very close to the top so obviously everything is above all the averages at the moment. I would rather be aware near the top than half way down to the bottom.

How will you know when to re-enter the market (stocks or housing)? 

If it is a major correction on the stock market then I would expect a massive increase in volume right at the bottom - a climatic volume spike if you like. I remember 2008 when the volume was very heavy heading into the lowest depths and I'm sure one of the banks temporarily became a penny stock at 8p but I can't recall which one now. Regarding property I am intending to buy some rentals but I have limited experience in property so I will do my research when the time comes. I've found a GE chart from the web that demonstrates what I mean about volume at the bottom, I don't have any of my charts from 2008.

 

beavere38

Type_45 said:

beavere38 said:

Type_45 said:

I still don't understand why you'd sell your properties. Why not just rent them out?

And you've no doubt had to pay CGT etc on them.

I inherited both properties recently. If you search for threads by me you will see me asking questions on here about probate last year. Renting them out was an option but I believe a house price crash is coming hence I am selling and no CGT to pay. Regarding the moving averages, well this is an early warning that something is wrong very close to the top so obviously everything is above all the averages at the moment. I would rather be aware near the top than half way down to the bottom.

Fair enough.  You've played your hand by going into cash.  Let's see how the next few months/year plays out.

Everyone has an opinion, that's what makes the markets work. Always remember that everything is cyclical, you need a bust before the next boom. This includes the housing market and stocks. W.D. Gann placed great importance on the 90 year cycle which suggests a major crash is due - we are now just over 91 years on from Black Monday in 1929. I will check back next week and see where we are at then.

Type_45

beavere38 said:

Type_45 said:

beavere38 said:

Type_45 said:

I still don't understand why you'd sell your properties. Why not just rent them out?

And you've no doubt had to pay CGT etc on them.

I inherited both properties recently. If you search for threads by me you will see me asking questions on here about probate last year. Renting them out was an option but I believe a house price crash is coming hence I am selling and no CGT to pay. Regarding the moving averages, well this is an early warning that something is wrong very close to the top so obviously everything is above all the averages at the moment. I would rather be aware near the top than half way down to the bottom.

Fair enough.  You've played your hand by going into cash.  Let's see how the next few months/year plays out.

Everyone has an opinion, that's what makes the markets work. Always remember that everything is cyclical, you need a bust before the next boom. This includes the housing market and stocks. W.D. Gann placed great importance on the 90 year cycle which suggests a major crash is due - we are now just over 91 years on from Black Monday in 1929. I will check back next week and see where we are at then.

You think the crash is next week?

beavere38

Type_45 said:

beavere38 said:

Type_45 said:

beavere38 said:

Type_45 said:

I still don't understand why you'd sell your properties. Why not just rent them out?

And you've no doubt had to pay CGT etc on them.

I inherited both properties recently. If you search for threads by me you will see me asking questions on here about probate last year. Renting them out was an option but I believe a house price crash is coming hence I am selling and no CGT to pay. Regarding the moving averages, well this is an early warning that something is wrong very close to the top so obviously everything is above all the averages at the moment. I would rather be aware near the top than half way down to the bottom.

Fair enough.  You've played your hand by going into cash.  Let's see how the next few months/year plays out.

Everyone has an opinion, that's what makes the markets work. Always remember that everything is cyclical, you need a bust before the next boom. This includes the housing market and stocks. W.D. Gann placed great importance on the 90 year cycle which suggests a major crash is due - we are now just over 91 years on from Black Monday in 1929. I will check back next week and see where we are at then.

You think the crash is next week?

I think next week we will see some heavy selling pressure based on every Index breaking through the support lines shown in my charts. I'm not going to try and predict exactly what will happen. Could we have another Black Monday on Monday 21st June 2021, 91 years after the last one? Who knows but we will find out in due course.

Type_45

beavere38 said:

Type_45 said:

beavere38 said:

Type_45 said:

beavere38 said:

Type_45 said:

I still don't understand why you'd sell your properties. Why not just rent them out?

And you've no doubt had to pay CGT etc on them.

I inherited both properties recently. If you search for threads by me you will see me asking questions on here about probate last year. Renting them out was an option but I believe a house price crash is coming hence I am selling and no CGT to pay. Regarding the moving averages, well this is an early warning that something is wrong very close to the top so obviously everything is above all the averages at the moment. I would rather be aware near the top than half way down to the bottom.

Fair enough.  You've played your hand by going into cash.  Let's see how the next few months/year plays out.

Everyone has an opinion, that's what makes the markets work. Always remember that everything is cyclical, you need a bust before the next boom. This includes the housing market and stocks. W.D. Gann placed great importance on the 90 year cycle which suggests a major crash is due - we are now just over 91 years on from Black Monday in 1929. I will check back next week and see where we are at then.

You think the crash is next week?

I think next week we will see some heavy selling pressure based on every Index breaking through the support lines shown in my charts. I'm not going to try and predict exactly what will happen. Could we have another Black Monday on Monday 21st June 2021, 91 years after the last one? Who knows but we will find out in due course.

Fair play to you for nailing your colours to the mast!


I am building up my cash this year ahead of the (inevitable) correction.  But tomorrow is too soon for me!  If it could happen later in the year that would be swell!   

quirkydeptless

"Everyone will be fine as long as nobody panics"

sevenhills

NIKKIE 225 down 3% today

Type_45

Hold on to your hats!