Markets Crash?

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Expand view Topic review: Markets Crash?

Re: Markets Crash?

Post by Raggamuffin » Thu Feb 15, 2018 9:08 pm

Guest wrote:
Raggamuffin wrote:
Guest wrote:
Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:


Of course I held on to them. It would be the worst time to sell them.


When were you expecting the crash?
Last year?
January?
Last week?
This week?
Today?

I was expecting a crash November onwards.
I sold my shares late October.
I bought them back on Friday for 27% of what I sold them for.
The 8,000 shares I had are now 24,000 and I have £17,000 banked.


People are always talking about the market crashing. I'm not bothered about selling and buying shares - I just like the dividends.

Re: Markets Crash?

Post by Guest » Thu Feb 15, 2018 8:54 pm

Raggamuffin wrote:
Guest wrote:
Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:


Of course I held on to them. It would be the worst time to sell them.


When were you expecting the crash?
Last year?
January?
Last week?
This week?
Today?

I was expecting a crash November onwards.
I sold my shares late October.
I bought them back on Friday for 27% of what I sold them for.
The 8,000 shares I had are now 24,000 and I have £17,000 banked.

Re: Markets Crash?

Post by Raggamuffin » Thu Feb 15, 2018 8:48 pm

Guest wrote:
Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:


Of course I held on to them. It would be the worst time to sell them.

Re: Markets Crash?

Post by Guest » Thu Feb 15, 2018 8:47 pm

Rolluplostinspace wrote:
Guest wrote:
Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:

It can be pretty difficult to sell shares when the value is plummeting because few are buying so you hold in there and hope there'll be anpturn.
In a massive crash you'd get pennies on the pound and that's when wise investors and gamblers are buying.
You don't buy when they are at their most expensive do you?
You don't sell when the price has collapsed do you?


The word expecting shows this was before the correction and not during any falls.
I am expecting Man City to win the Premier League.
I won't bet on them the day when it is mathematically impossible for them to be overhauled, will I?

Re: Markets Crash?

Post by Rolluplostinspace » Thu Feb 15, 2018 8:33 pm

Guest wrote:
Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:

It can be pretty difficult to sell shares when the value is plummeting because few are buying so you hold in there and hope there'll be anpturn.
In a massive crash you'd get pennies on the pound and that's when wise investors and gamblers are buying.
You don't buy when they are at their most expensive do you?
You don't sell when the price has collapsed do you?

Re: Markets Crash?

Post by Guest » Thu Feb 15, 2018 8:26 pm

Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:

Re: Markets Crash?

Post by Raggamuffin » Thu Feb 15, 2018 8:22 pm

Oh right. I was expecting a massive crash.

Re: Markets Crash?

Post by Rolluplostinspace » Thu Feb 15, 2018 7:36 pm

Raggamuffin wrote:Has it crashed yet? My shares are up and down like a yo-yo.

It crashed a few days ago.
It didn't collapse.

Re: Markets Crash?

Post by Guest » Thu Feb 15, 2018 7:25 pm

Raggamuffin wrote:Has it crashed yet? My shares are up and down like a yo-yo.


Yes it crashed last week. :choc:

Re: Markets Crash?

Post by Raggamuffin » Thu Feb 15, 2018 4:33 pm

Has it crashed yet? My shares are up and down like a yo-yo.

Re: Markets Crash?

Post by Guest » Thu Feb 15, 2018 12:17 pm

Lionel Jesse wrote:Do 'spiracy theorists deserve anything but ridicule...

Who here has ever had the misfortune to deal with 9/11 conspiracy theorists? If so, you'll know what I mean.

Now, referring back to my original post in the thread..... nothing to worry about, a correction was expected.


Or in this case a double correction. :gigglesnshit:

Re: Markets Crash?

Post by Maddog » Wed Feb 07, 2018 7:11 pm

None of this would have happened if so many Americans were not locked away in FEMA camps. :leer:

Re: Markets Crash?

Post by Lionel Jesse » Wed Feb 07, 2018 12:25 pm

Do 'spiracy theorists deserve anything but ridicule...

Who here has ever had the misfortune to deal with 9/11 conspiracy theorists? If so, you'll know what I mean.

Now, referring back to my original post in the thread..... nothing to worry about, a correction was expected.

Re: Markets Crash?

Post by Maddog » Wed Feb 07, 2018 5:36 am

:ooer: :ooer: :ooer:

Re: Markets Crash?

Post by Fletch » Tue Feb 06, 2018 9:52 pm

XIV Trader Loses $4 Million And 3 Years Of Work Overnight: Here Is His Story

The devastating 90% overnight collapse in the now "terminated" XIV Exchange Traded Note (ETN) has had many casualties - from one hedge fund down as much as 65%, to Morgan Stanley's (formerly) $39 million position, to Reddit user /u/Lilkanna who posted "Ive lost 4million USD, 3 years worth of work, and other people's money" in the "TradeXIV" subreddit.

"1.5 mill was capital I raised from investors who believed in me," Lilkanna wrote. "I had a leveraged position I used DTBP to buy and it was down like 1% and I thought I could hold it knowing that I would get a reg-t call deadline in 2 days."

Image

The amount of money I was making was ludicrous, could take out my folks and even extended family to nice dinners and stuff,” he wrote. “Was planning to get a nice apartment and car or take my parents on a holiday, but now that’s all gone.”

"Sad thing is I was long VIX until a couple of days ago. I was sure there was gonna be a correction but with each passing day my conviction wavered. Stupid. Really fu**ing stupid. I feel like such a fool."

Google.com/2018-02- ... -his-story

Oh dear. of course, it could all be fake and XIV didn't drop, that Morgan Stanley are lying and this chap made a fake screenshot of his accounts...

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