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Yep Qld should get dls if for no other reason than we don't have to remember when it starts and when it finishes to tie in the earlier market times.
Market Crash 2025
- Thread starter Garpal Gumnut
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- 2025 market crash
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Go and bend some bananas, that will straighten you out
Garpal Gumnut
Ross Island Hotel
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I had a few margin loans years ago when I needed deductions for the ATO and banks continuously remind borrowers of how they will be called in should they exceed their requirements on losses ( I can't remember what it is called as I stopped margin, it took up too much time ).
So not knowing is not a reasonable excuse.
gg
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NO , we tried it and didn't like it
works fine in NZ but here it sucks
it gives me an extra hour to see what the market is liable to do ( the chickens are fed eggs collected , fish are fed , and i have plenty of time to read the international finance news )
i still choke with laughter on the excuse 'we need it to align with our major trading partners '
now you know your pollie is a blithering idiot .. NZ is NOT our major trading partner ALL our important partners are in .... the NORTHERN hemisphere .. where it is winter during our summer ( and vice versa )
what the heck happened to the QLD secession movement , we could always leave with the NT ( and even WA , and leave the rest to blunder about changing clocks )
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Ah, years ago. The thing is, these days it's someone else's fault for not protecting you from yourself.
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so i can sue someone for not having a margin loan ?
( surely there is a law against protecting yourself in Nannylia )
Garpal Gumnut
Ross Island Hotel
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I've got an entry in the $50m Lotto tomorrow night. So I'm happy. Plenty to buy on Wednesday.
gg
gg
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and i hold TAH and TLC .. good luck loyal customer
Garpal Gumnut
Ross Island Hotel
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Hey Divsie @divs4ever.
Are you “free carrying “ any stocks you bought and sold some of today yet?
gg
Are you “free carrying “ any stocks you bought and sold some of today yet?
gg
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Take Nike, all they need to do is say to Trump we've decided to build a factory in the USA. Trump will announce the triumphant decision and remove the tariffs for Nike. It'll take Nike years to submit the plans and commence construction. If they delay it longer than 3.5yrs there'll be a new president and Nike can stay in Vietnam.
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no but ASK was added to the bonus when Abacus split so while the cash invested in ASK was recovered ( plus a bit ) the underlying cash invested in Abacus is still at risk ( until the take-over completes , which is VERY likely since the buyers already control nearly 50% or is it more than 50% )
RND is nicely in profit but the cash recovered was nowhere near the amount invested
and FMG is a new buy after a medium term adventure a couple of years back
rather annoying with ASK as i liked that niche to offset my exposure to healthcare related REITs ( but it will crystallize a profit )
unknown is the effect on ABG ( which still owns around 20% of ASK ( operates the trust )
Knobby22
Mmmmmm 2nd breakfast
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Don't think this will happen now.
Probably be some volatility and I don't expect a boom but time to be more positive.
It got awful close though.
Probably be some volatility and I don't expect a boom but time to be more positive.
It got awful close though.
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If things carry on, i might get another ATH on Friday and a slightly lower cash exposure
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Dow up 7.87% at the time of posting, S&P500 up 9.52% and Nasdaq up 12.16%.
Truly incredible numbers for a single trading session.
But powerful rallies are a common feature of bear markets so at this stage I'm taking this as indicative of a bear market unless / until proven otherwise.
Truly incredible numbers for a single trading session.
But powerful rallies are a common feature of bear markets so at this stage I'm taking this as indicative of a bear market unless / until proven otherwise.
Dona Ferentes
Beware the march of Ideas
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China - USA still the problemDow up 7.87% at the time of posting, S&P500 up 9.52% and Nasdaq up 12.16%.
But powerful rallies are a common feature of bear markets so at this stage I'm taking this as indicative of a bear market unless / until proven otherwise.
Garpal Gumnut
Ross Island Hotel
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Indeed @Dona Ferentes . It takes two to tango and many would be reconsidering their allegiance to the USA. They will still bow to the emperor and have him at Buck Palace for tea and scones, but allegiance is gone. The Chinese cousins are completely discounted in all of this. Vance called them peasants in a speech. He doesn't read history.
Money has moved from the US back to Europe of all places as a safe haven. What a kerfuffle. China is the one to watch. Trump knows this and he is scared. So scared he put uncollectible tariffs on them.
gg
Dona Ferentes
Beware the march of Ideas
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redux
looking uncertain.... markets don't like it
oversold
.
overbought
.
over it
looking uncertain.... markets don't like it
oversold
.
overbought
.
over it
greggles
I'll be back!
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This is a temporary measure until all this tariff business blows over. As painful as this is, a downturn was necessary but I believe that Trump has a very clear four year plan. He wants to turn global trade back into the USA's favour and then execute a swathe of pro-business economic policies.
Narcissists like Trump know that their legacy is the only thing of substance that they will leave behind. Trump is determined to restore the USA's economic greatness and I am willing to bet that he will achieve that to a greater extent than any previous President since Reagan. He knows if he pulls it off it is what he will be remembered for.
I'm watching for the market bottom in the next few months. I think we still have further to fall. I'm looking to get back into the market in early-mid July once the trade war has been settled. I think by then all of the negative sentiment will have been priced into the market and the bottom will be in. Then I'm going long on the US economy and will hold until the end of 2028.
