I sell you some shares for $1 today and they drop in price tomorrow: I still got a dollar, but I don't think you do.
Printable View
You got the $1 cash (sitting on the sidelines) and I have $1 less cash in my cash pile -- between us we still have the same amount of cash, don't we
If the market falls Monday the value of that $1 share will be less than today ....but between us we still have the same amount of cash....you have $1 more parked out and I have $1 less parked out ....and we both probably poorer come Monday
Are we there yet? Bear market, that is.
Not according to some. Another 10% to go yet.
https://www.abc.net.au/news/2020-02-...ction=business
LOL, yes we are both poorer on Monday! You are right about the total amount of cash, but I think if you look back you will see that that was my point in relation to Peat's comment that with everyone in there would be no one left to sell shares to. I think - anyway lets just agree we are both right and that you still owe me a dollar.
And Dow futures up 1%. Market over reaction.
lmao can't even trade on ASB. What a useless interface.
I just voted in the little purple box down the bottom.:cool: