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Z1P - What will be the bottom before the bounce., page-312

  1. 3,345 Posts.
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    Friday he market is often down but today it may well be a new cycle of a super crash.
    For the US to crash by 5% over night and I think more carnage tonight which could see our market get hit harder on Monday.

    Most are hanging on but maybe we should have bailed last week.
    We never ever seem to learn do we.

    Greed takes over.

    Now its panics takes over. Who ever panics first saves and has a wise head of their shoulders.
    The time to get back in is not now but let it fall hard then let it level out for a while then wait until it rises about 20%
    then you know its safe to buy back in. From there the stock rises over 6 months and one gains about 70% and when greed
    takes over then its time to bail and wait for the next drop.

    Think we maybe seeing the start of a GFC mark 3.

    One in 3 renters are likely to be kicked out of their rental properties in the coming weeks.
    The federal government gave them 6 months where banks would hold but the government
    only kicked the problem down the road and now that is where we are at.

    The federal government has stuffed all this up and now the market will pay a heavy price.

    Z1P made the ASX200 and if it wasn't for market panic then the stock would be up near $8 but
    its now in full panic mode.

    Bargain hunters maybe not sure whether to risk it or not due to very bad economic data that is coming out in all countries.

    The only safe stocks are iron ore that keep pumping it out and good profits. Their stocks may drop but
    they'll be doing good divs for a long while.

 
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