it is only when the tide goes out that you know who is swimming naked-W Buffet it is only when there is drop that you know what is rubbish-I used to love these drops. not because you can get things cheap.....but because it is very clear what has dropped the least. buy the best company of those.it means no one has sold. 9/11, the market fell 60 %, some stocks fell 90%. DR REDDY LABORATORIES fell 1% once the market improves they will spike
markets were always rigged except when governments do it it is called policy. I have said t many times YOU CANNOT BEAT THE GOVERNMENT but you can make money out of them BUY
this is a beauty failed breakout of the channel, takes support lower trend line another breakout of the channel, this time takes support on top of the channel? STILL LAUGHING?
Here is your chart re-imagined, drawing true higher highs and higher lows starting at the recession. All it takes is one bad tweet, or Chinese report, to come back down to bottom of channel...
so you agree with me there is no crash what is the fuss about? and bad tweets and bad news and major disasters does not mean market will fall it may not fall or it may go up......markets behave irrationally as a rule if not all of us geniuses will be driving Ferraris
so it is a breakout of a wedge and you know the target for that breakout! it is the height of the wedge which is 2000 points so 5000 is the target. and the market has spent 5 years above the mid point of the channel I am talking technical. you are posting technical charts and talking about tweets. wierd
This is exactly why there is a flight to safety. The impact to commodities demand is huge. Then you have to price in margins getting hit hard amid the collapse in consumption. Just how long can these HEAVILY INDEBTED consumer driven industries survive? (airline/cruise, hotel, retail, luxury goods) Global property markets are at serious risk. The Chinese workers are migrant laborers. Some are not even going back to work! People are fleeing locked down cities! The medical workers are dying! It's out of control. CCP propaganda is not telling the real story. If this thing spreads in ME, Africa, S. America it will be a disaster. The economic consequences will make the trade war look like a joke. At this point, there is a real possibility of significant and protracted dislocations. Here is a list of possible consequences..... Mass layoffs/downsizing, deglobalization, mass mortgage defaults, earnings collapse, capital flight, border closures, resource scarcity, humanitarian crises. This is not a joke. The bond market is telling you that 2020 will be flat/negative. The central banks are pretty much useless after 10 years of ZIRP and massive increases in debt levels. The central banks are overextended. They made a bet on growth. They are all in on that. A global pandemic is a black swan.