XAO Just Dropped Like A Stone

[divs4ever]

the correct ones ??

often seems the ones i wait months for , continue to elude me

not as bad as it sounds , sometimes the compromise choice does OK for me

 

[Garpal Gumnut]

Self-fulfilling market action. Totally illogical, but we know the market moves on emotions not commonsense.

Seems the bankruptcy of Silvergate bank has startled the timid deer feeding in the field of dreams.

@divs4ever Don't worry, prices will go lower for you.

Indeed @divs4ever

A visit to the library and some research on those who tried to pick the bottom after the collapse of The Tulip Boom may be instructive.

I am told European governments are beginning to attempt to regulate tulips, sorry crypto. Always a bad sign especially when there is a blooming war in it’s Eastern members.

gg

 

[divs4ever]

from what i read looks like Europe is trying to self-deregulate ( or is that self-mutilate )

anyway they no longer have to worry about Chinese investors , the Chinese investors are flocking to Africa , looking for sensible investment domiciles ( and of course Russian investors are forbidden as well , in the EU )

i wonder how long Russia will troll the EU with hints of repairing Nordstream

 

[Dona Ferentes]

The Silvergate™ banking platform is as innovative as the entrepreneurs we serve.​

as Is the Silicon Valley Bank .

And both in deep doo-doo, it would seem.

Rats like Peter Thiel are saying " Run for the hills".

 

[over9k]

Not touching it with a bargepole... yet.

 

[Rabbithop]

The Silvergate™ banking platform is as innovative as the entrepreneurs we serve.​

as Is the Silicon Valley Bank .

And both in deep doo-doo, it would seem.

Rats like Peter Thiel are saying " Run for the hills".

Love your line..."when the rabbit dies the fox grieves for fear it would be next"

 

[Dona Ferentes]

.... and this is what happens when RBA lifts cash rate on a DOWN day.

 

[Dona Ferentes]

.... and this is what happens when RBA lifts cash rate on a DOWN day.

what rhymes with repeat?

....ASX likely to open down 100 points today... closer n closer to 7000?

 

[divs4ever]

The ASX 200 tends to bounce in October. Will this year be any different?​

The ASX 200 tends to bounce in October. Will this year be any different?

Seasonality moves in favour of bulls in the fourth quarter. October has the tendency to mark the seasonal low for the ASX 200, ahead of the well-documented Santa Claus rally.

www.marketindex.com.au

am still laughing too hard to read it all closely

but contains pearlers like **
There are only three Octobers where the ASX 200 fell more than 5%.

Two were relatively obvious: the Asian Financial Crisis in 1997 (-10.7%) and the Global Financial Crisis in 2008 (-11.9%). But then there's 2018.

The ASX 200 marked its worst monthly fall in more than two years in October 2018, down 6.1%. ***

as if many weren't startled by September's fall ( of less than 5% ) shedding only roughly 300 points

 

[Dona Ferentes]

dropped at open = unfortunate.
RBA held cash rate at 2:30 = not careless

.
as low as 7107 in the a.m.

EDIT ... just noticed the date stamp... its the 03 Oct, a Tuesday. Grrr comsec.

 

[divs4ever]

they are not wrong about their glitches

 

[Dona Ferentes]

a common daily set of moves, it would seem, for our indexes.

 

[Dona Ferentes]

stairs and elevators... 2 per cent drop today


.
Has done well to get in the 8's ... but storm clouds and headwinds a-plenty