It probably would - but we haven't had the riots like Hong Kong to make people want to leave!A bIt OT but was shown this chart recently.
Similar drops in Aus would cause mayhem.
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Yep -Now we have another drop in the US markets and gold is up and oil is down.Lots of folks would be worrying about their retirement nest eggs with this volatility.
.. brain still aching…Yep -
Dow currently down 5%
S&P currently down 6%
Nasdaq currently down 6.75%
Those aren't normal falls of the markets - its going to be another messy day on the ASX.
They certainly overcooked the recovery yesterday
…. And wallet shrinking.. brain still aching…
I am actually singing ‘Those magnificent men in their flying (BUYING) machines..’ up down round and around……. And wallet shrinking
I've now bought back everything that I sold yesterday for even less than I paid the previous day.Or sell everything you bought yesterday for a 5 to 10% gain over 24 hours and then wait until it dips again. This is what I have just done. Never been an easier time to make money. Let the rollercoaster continue.
You really seem to have the knack of this. The more I research the more I get confused about what to buy next. Still sitting it out for nowI've now bought back everything that I sold yesterday for even less than I paid the previous day.
@Dr Ralph certainly seems far better at this than me too! I'm still sitting out at the moment too waiting to see how this all pans out.You really seem to have the knack of this. The more I research the more I get confused about what to buy next. Still sitting it out for now
Ok, I'll admit that I did loose money on the TAB last night backing Penrith in the NRL.@Dr.Ralph .. only tells us about his wins, as a professional gambler there must be losses .
Gambling is a skill and many folks , with applied intelligence and discipline, do win more than lose.
I suspect that I could also win more than lose when gambling with something I knew a bit about….but lack the discipline (inclination)…...
..after the cats beat the crows last night ( against the odds) I might start practising on the footy…. just for fun
I know I've never claimed or intimated anything like this.
So still much lower than what they put on Australia (with a FTA) wine. Where are the adults.China has just bumped their tariffs on U.S. imports up to 125% - never a dull moment...