Correct mate, sensible thinking. Zoros is thinking outside of the box which is very wise and forward looking. Others may think it negative, it most certainly is not. Two Chinese billionaires lost 50% of their wealth in seconds, last week that's how quick it can happen. All markets are over valued, bond, stocks, housing. Near 70% of the NASDAQ has no earnings, NO earnings! Bubbles everywhere. World consumed in debt and no one knows who owns what. Nothing today is sustainable, so a severe downturn is inevitable. Question is:....who will be in or out.
Zoos may well have a point. A correction can come at any time and whatever triggers it may not necessarily be logical. Valuations aren't particularly stretched and the interest environment looks benign enough over the next couple of years. Sure there are headwinds economic and geopolitical but then they have been around for some time now and markets have become according to some ""comfortable" and other "blasee". The problem I see is leverage as punters chase slim returns and illiquidity an unintended consequence of our regulatory authorities' attempts to save us from the next crisis. The slow low volume summer months are a good time to test investors' stomachs and and attempt to make a bit of money on the short The lack of liquidity in the bond markets may will trigger a sell off across the board but imo to profit from that you need to be pretty flight of foot and any fall is likely to come when you least expect it. The fear of this happening is probably why a lot of money appears to have remained on the sidelines waiting for just such an opportunity to occur. If someone has any bright ideas I have some cash to put in :/
I'm not. Was merely responding to Zoros post as he was asking for views on whether or not people feel there is likely to be a crash/correction. Like I've stated many times I feel there is huge upside potential still and will not be selling for a long time to come. Am currently trading the share aswell as having a long term position. iF there is a correction, like I originally said, I don't feel it will be just yet. ATB.
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 .
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