How much longer will this bear market go on for?

Sea_Shell

eskbanker said:

Do bears shmita in the woods....?

🤣🤣🤣🤣🤣

Brilliant!!

k6chris

adindas said:

It is only people with no common sense at all can not see that TA has some use if it is used properly especially in a relatively short term. Let alone comparing them with reading Tea Leaves, Tarot.

TA works because multiple parties see the same patterns, or use the same tools, and those levels get factored into the risk/reward decision to buy or sell.

If you look at a weekly chart of the S&P 500, there are at least three TA 'tools' that suggest the market could bottom out at around the 3,200 level.  That does not mean a straight line plummet, or indeed that the level will be reached, but someone looking to invest during this pull back might have put some back in now, with some cash left to invest as this lower level approaches. 

TA is always blindingly obvious after the event, which is why it is so attractive - if only I had seen that I would be rich now!  But it is largely a trading tool, not an investing one. 

Anyway, back to the 80% drop....

C_Mababejive

Its something ive been mulling over. I have cash to deploy but  all i hear is talk of unprecedented crashes and the end of the world. Pretty soon we will have easy access interest rates of 5% or more so why risk the stock market?

Still you could equally say that big businesses selling mostly non discretionary products can feed though those inflationary costs and not loose out.

I can already get a 1 year fix at 3.5% which although not inflation busting, would make a good source of secure income.

Type_45

C_Mababejive said:

Its something ive been mulling over. I have cash to deploy but  all i hear is talk of unprecedented crashes and the end of the world. Pretty soon we will have easy access interest rates of 5% or more so why risk the stock market?

Still you could equally say that big businesses selling mostly non discretionary products can feed though those inflationary costs and not loose out.

I can already get a 1 year fix at 3.5% which although not inflation busting, would make a good source of secure income.

5% would be my choice for the time being too.

But how safe are the banks? What happens if your bank goes under? Do you know what a bail-in is? 

quirkydeptless

C_Mababejive said:

Its something ive been mulling over. I have cash to deploy but  all i hear is talk of unprecedented crashes and the end of the world.

Once you start clicking on end of the world click bait, social media will keep feeding you end of the world click bait

Millyonare

The US looks in pretty good shape, really.

adindas

C_Mababejive said:

Its something ive been mulling over. I have cash to deploy but  all i hear is talk of unprecedented crashes and the end of the world. Pretty soon we will have easy access interest rates of 5% or more so why risk the stock market?

Still you could equally say that big businesses selling mostly non discretionary products can feed though those inflationary costs and not loose out.

I can already get a 1 year fix at 3.5% which although not inflation busting, would make a good source of secure income.

It will depend on what you mean with pretty soon.

They have been keep increasing it for more than half years and the the highest easy access saving still sit @2.1%.

adindas

Type_45 said:

5% would be my choice for the time being too.

But how safe are the banks? What happens if your bank goes under? Do you know what a bail-in is? 

Why is it matter if the bank go under or not. Why is it matter to you if they get bail-in, allows to write-down debt owed by a bank to creditors or to convert it into equity ?  

You still get your money back as savings are FSCS protected. We have seen similar case in 2008 UK Bank rescue package.
Let alone in the current condition the UK banks have been in good shape, making a good profit with increase of interest rate.

Type_45

Millyonare said:

The US looks in pretty good shape, really.

It's in recession.

Type_45

adindas said:

Type_45 said:

5% would be my choice for the time being too.

But how safe are the banks? What happens if your bank goes under? Do you know what a bail-in is? 

Why is it matter if the bank go under or not. Why is it matter to you if they get bail-in, allows to write-down debt owed by a bank to creditors or to convert it into equity ?  

You still get your money back as savings are FSCS protected. We have seen similar case in 2008 UK Bank rescue package.
Let alone in the current condition the UK banks have been in good shape, making a good profit with increase of interest rate.

What is your understanding of a bail-in?