stock market crash

[jamesbrown]

There is certainly a confusion here on this thread between 'traders' and 'savers'. I'm most certainly a saver; my money goes into trackers and are there for the long term (I'm due to take my pension in 18 years so my savings are targeted for the same kind of timescale). Scooty is a trader (or at least he thinks he is) who buys and sells in the short term, trying to guess the ups and downs of the market.

Us savers don't care, in the short term, whether the market drops or rises a few percent. Traders are emotionally obsessed by every little uptick/downtick.

Absolutely. Even if scootie had a clue, we’d be talking past each other. He’s far too emotional. Big falls are big buying opportunities and, for existing positions, they merely push out the time horizon to profitability a little. If you’re planning to retire or whatever, you need to act accordingly. Otherwise, investors/savers don’t give a fook about intra-month variability, let alone intraday. Big falls and big rises are both big wins if you hold some cash; it’s the ongoing QE to infinity normal. You can’t lose!

[scooterscot]

Absolutely. Even if scootie had a clue, we’d be talking past each other. He’s far too emotional. Big falls are big buying opportunities and, for existing positions, they merely push out the time horizon to profitability a little. If you’re planning to retire or whatever, you need to act accordingly. Otherwise, investors/savers don’t give a fook about intra-month variability, let alone intraday. Big falls and big rises are both big wins if you hold some cash; it’s the ongoing QE to infinity normal. You can’t lose!

The court jester reveals himself.

[TheGreenBastard]

Orders in, sale complete - I love the smell of rekt retail in the morning.




FTSE 100 Index
INDEXFTSE: UKX
5992

−114,99 (1,88 %)

You're defo speaking for the majority on here on that. Not me.

Hmm.

[jamesbrown]

The court jester reveals himself.

Yes, back in November 2005.

[caffeine man]

Soon we'll need to employ the FED to produce those Darwin awards - Brrrrr



Photos show large crowds of people trying to get into Nike Town on Oxford Street as trading began.

If people are prepared to risk their lives for a pair of trainers, maybe retail will not be as bad as I thought. Surely you could order trainers online.


Sent from my iPhone using Contractor UK Forum

[rootsnall]

Orders in, sale complete - I love the smell of rekt retail in the morning.




FTSE 100 Index
INDEXFTSE: UKX
5992

−114,99 (1,88 %)

So what were/are you predicting for the morning ? I'm sort of following but don't know if you think it's going up or down.

[Zigenare]

So what were/are you predicting for the morning ? I'm sort of following but don't know if you think it's going up or down.

IMO, DLAR.L has more legs tomorrow. Closed up today 19.34%. Decided to hold. Looking for £1.80 per share over the next couple of days but will be happy at £1.60.

IMO, AML.L is heading upwards within a couple of weeks looking at ~£1 to be happy. Possibly more if you're willing to hold until the first deliveries of the DBX and or F1 partcipation.

DYOR.

I am not qualified to give financial advice.

[scooterscot]

So what were/are you predicting for the morning ? I'm sort of following but don't know if you think it's going up or down.

Nothing at all. Just keeping the locals entertained.

The only stock market trade I made this year was on Centrica. Somehow that makes me a trader

[AtW]

Nothing at all. Just keeping the locals entertained.

The only stock market trade I made this year was on Centrica. Somehow that makes me a trader

Losing money on a dog with fleas stock makes you a loser, not trader

[Paralytic]

Orders in, sale complete - I love the smell of rekt retail in the morning.


FTSE 100 Index
INDEXFTSE: UKX
5992

−114,99 (1,88 %)

Can we all post index prices at random times, but make no commentary, presumably so we can come back later with "told ya so #rekt"

FTSE 100 FTSE 100 London
London
+2.42%
6211.35
+146.65

What specifically did you buy/trade/sell with your "orders in, sale complete line above?