if you are worried about a crash why not put a sell stop on your shares? I always do it anyway. realistically speaking if you got in Lloyds at 77p like a lot of people did... then now, you can set your stop to 80p then you'll have always made a profit anyway regardless of it only being 3p but you won't lose 50% of your holding as the great ZOROS has predicted.
Correction not crash. Wrong choice of words. Like Zoro I don't see the FTSE continuing in the same vain forever. A correction is inevitable. Personally don't think we are at that point yet but do see it happening with a couple of years. Each to there own opinion.
A 5p hike against a 50% loss . If that's really what you believe there isn't a "question is ". Over and above what the ST article mentions there are any number of charts showing a correction , about to happen , or happening in the near future . Bound to happen sooner or later . How best to protect my capital , at any time ,seems sensible to me .
to me,comparing the landscape today ,to 1929 is miles of the mark,back then,the world was a different place,that recession caught the world with it's pants dow,a smaller world it was too. today,the world is ready,knowing what happened then,firewall in place. ok,a correction is always on the cards,it always is,but 1929?noooooo. bwtfdik,ime just an average pi,rubbish at maths.lol.
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