The Aussie stockmarket lost 64Billion today.  Worst drop since 2010.

So bunker down and prepare for the worst. its likely to continue!

read this

http://www.abc.net.au/news/2015-08-25/world-stock-markets-plunge-after-fall-of-china-shares/6721820

World stock markets plunge after fall of China shares; US dollar takes hit before stabilising

Photo: The New York Stock Exchange was forced to implement special price-indication measures after China shares took a 9 per cent dive. (AFP: Getty Images/Spencer Platt)

Related Story: Australian shares take $64b hit as China reels on 'Black Monday'

World stock markets have plunged following a near 9 per cent dive in China shares, but commodities and the dollar pared losses and United States stocks staged a striking comeback in a volatile session after European markets closed.

After dropping more than 1,000 points, or almost 7 per cent at Wall Street's open, the Dow Jones industrial average eased losses and was down 3.55 per cent at the closing bell.
The benchmark Standard & Poor's 500 index finished down 3.93 per cent after earlier approaching correction territory, or 10 per cent off its record high.
A key measure of US equity volatility, the CBOE Volatility Index, or VIX, shot above the 50 mark for the first time since 2009 before dropping back to 33 as US investors turned their focus back to domestic US issues.
"With those markets closed, it's now focused more on US fundamentals. The US economy remains relatively strong compared to others around the world," said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.

Anybody with a pulse was nervous when the market opened.

Michael James, Wedbush Securities

In comparison, US traders rushed for the exits in Monday's first half hour of trading when deepening concerns about a China-led global economic slowdown and tumbling commodities prices followed a 5 per cent decline in the both the S&P and Dow last Thursday and Friday.
"Anybody with a pulse was nervous when the market opened," said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles.
"We're still going to see significant price swings both up and down before the day ends today.
"The only thing that's certain is the volatility is going to continue in the short term, given the magnitude of the moves that we've already had in the last four days."
 there's more on this link.....

Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

asx: ERJ...Enerji

I posted about ERJ  earlier. They have industrial heat exchangers, which turns heat produced into electricity. 
Back in Nov/Dec 14  the share price was less than 1.4cents or .014
 
Since then it has gone up as far as .087, fell back at the close of day to .07.
and now has dropped again to yesterday (Thursday) at .063

The question is: Has this run up been due to day traders and speculators?
or is it a sign of real growth?   

The directors and top 20 shareholders have 66% of the shares, and their management seems good.
So do yourself a favor and
Read their announcements. 


Mega
 


Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Asset Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

warnings about the economy

This was posted on Feb 7 2014 by Yahoo.com.au
 https://au.news.yahoo.com/a/21327193/australia-to-suffer-biggest-property-collapse-since-great-depression/

 Basically it says that Australian house prices might frop by as much as 30% and many people will owe more than the house is worth. That would lead to a crash worse than 2008.
And if china falls over, then it will be a major depression.

So keep these warnings in mind when borrowing to invest in the share market or in property..
Other gurus say that anyone investing the sharemarket  today can look at a 20% loss!


Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

erj enerji Ltd has doubled now 0.028 c

Enerji ltd has more than doubled. They are capturing heat and converting it into energy.
Look them up on www.asx.com.au type in code ERJ was 0.01 in Jan now 0.028 
go to  to see 3 mth chart
https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1424976994173&chddm=18772&chls=IntervalBasedLine&q=ASX:ERJ&ntsp=0&ei=TmzvVOmzG-LgiwLp8oD4CA

Enerji Limited is an Australia-based company. The Company is clean power company that specializes in utilizing wasted energy normally lost in power generation and industrial processes to generate electricity. It is engaged in purchase and installation of the Opcon Powerboxs to generate emission free electricity. The Company also has Australian distribution rights to Swedish based Airec’s line of heat exchangers. Enerji Limited offers a number of financial options for our customers including Build, Own, Operate and Maintain (BOOM); Direct sale; Lease; Engineer, Procure, Construct or Turnkey, and Build, Own, Operate and Transfer (BOOT).

Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

is there a 2015 crash coming?

 Is there a 2015 crash coming? read this article. The SMH  this month alerts us to some of the dangers...

http://www.smh.com.au/business/markets/predictors-of-1929-crash-see-65-chance-of-2015-recession-20141111-11k2cy.html

keep in mind that the aussie banks  nearly doubled their profits since 2008, and are now lending madly and people are spending on their credit cards, like there is no tomorrow.
Housing prices have been rising in most of the big cities, but steady elsewhere. So willthe housing bubble burst?

Did the economists learn anything from 2008?



Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

Is this slide more than a correction?

When I wrote last week, I sold off and had a sneaky suspicion that all is not well on the stockmarket.
I wondered later if I had sold off when I shouldn't.

I even lost money and had to sell some good stocks, but after that the Aussie  market fell by 12% and things do not look good.

After all, these stockmarket crashes happen every 7 or even 11 years, so maybe we are facing another 2008/9 crash.

I'm feeling very uneasy about the situation., but FAR seems to be weathering the storm and is in another trading halt. 
ASX:VIC rose today by 20%.  They are into rare earths and other minerals. 
Quite close to the Lynas site in W.A  worth watching. and only 0.006 cents but  only a very small cap.




Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

take the money and run?

Once upon a time- a long time ago, I worked for a company that tried to earn some extra money by  moving  their excess cash around before paying their bills.  
So, the thought occured to me, that maybe some companies, try to shore up their share price by buying a large number of their own shares, you know,  to stop  day traders from mucking up the share price.. 

I don't know if that actually happens, but with so much volatility in the market, and having worked as an external auditor of systems, I  sort of get that feeling...
I didn't want to, but I sold off some stuff today. 

you know that feeling of reluctance. It's so hard to call it quits and give up on what you thought might prove a winner... 
I owned some  Sirrius once (ASX:SIR) and sold off too early... 
and now I regret it.

But maybe it's better to take your money and run, and live to invest another day...

Who knows?




Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.