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The Stock Market

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    The Stock Market

    What a helter-skelter. 4 weeks ago I had massive profits after 12 months, reduced now to exactly what it would have been had I stuffed my money in the building society.

    I'm alright Jack

    #2
    It's not fair is it! Some tinpot building societies across the pond decide to lend $1,000,000 to Bubba Nojob, and our Imperial Tobacco shares have to suffer too.

    If somebody can give me the address of the alien lizard who controls the stock market, I'd like to write him a stiff letter.

    Comment


      #3
      You probably should have liquidated 4 weeks ago.

      HTH

      Comment


        #4
        Originally posted by thunderlizard View Post
        It's not fair is it! Some tinpot building societies across the pond decide to lend $1,000,000 to Bubba Nojob, and our Imperial Tobacco shares have to suffer too.

        If somebody can give me the address of the alien lizard who controls the stock market, I'd like to write him a stiff letter.

        All the recent new regulation relating to credit risk calculations ( Basel II) should have been a protective measure against this sort of thing - it seems Basel 2 and Sox compliance deadlines may have been a bit too late?

        Anyway, the silver lining is: more regulations for the banks to comply with -- AKA new Business and IT transformation projects for us contractors !!

        Comment


          #5
          Originally posted by DimPrawn View Post
          You probably should have liquidated 4 weeks ago.

          HTH
          Yes I did think about it 4 weeks ago, but 4 weeks ago if I'd kept them another 4 weeks I would have no tax to pay .
          I'm alright Jack

          Comment


            #6
            Typical. Were going to put about 50k of best performers in cash last month and were in process of checking which when it dropped. Another week or two and we would have got out. Actually, it was probably me that caused the crash. Sorry.
            bloggoth

            If everything isn't black and white, I say, 'Why the hell not?'
            John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

            Comment


              #7
              Sometimes you win sometimes you lose, it's just random.

              Comment


                #8
                No it's not. The entire world has a personal vendetta against ME. Where is my Kalashnikov?
                bloggoth

                If everything isn't black and white, I say, 'Why the hell not?'
                John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

                Comment


                  #9
                  FTSE above 6k again

                  Comment


                    #10
                    futures were looking a bit ropey, but in the last few minutes they have just gone from -14 to + 34, hope its not a glitch

                    Comment

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