Predictions for the markets today?

[d000hg]

Which market? Europe/UK opened at 8am and teh FTSE is down about 3%.

8am? Oops, I always thought it was 9am

[DS23]

For those of us already up, what are your predictions before trading starts for the day? More big drops, or will it just sit where it is until there's new events?

we are going down.

down, down, deeper and down.

more uk banks are going to the wall.

total collapse is a day or so away.

if only the shellfish one were here - he'd be saying "i told you so".

doomed

[MarillionFan]

and now look at that bounce! Up, up and away!!!

[rootsnall]

and now look at that bounce! Up, up and away!!!

That was a quick turnaround ! I was just limbering up for a bit of buying.

From past experience once it is very volatile it means its ultimately going down. DOOMED !

[TheBigYinJames]

From past experience once it is very volatile it means its ultimately going down. DOOMED !

Bear markets are typified by price fluctuations but the trend is always down.

[rootsnall]

Bear markets are typified by price fluctuations but the trend is always down.

I have a feeling we'll see sub 4,000 ! So why am I dabbling

[MarillionFan]

Glad I topped up on Lloyds and RBS.

Now up! Up, up and away!

Exit strategy ready.

[rootsnall]

Glad I topped up on Lloyds and RBS.

Now up! Up, up and away!

Exit strategy ready.

The rumour is a 12 noon emergency rate cut.

[ace00]

I like the look of tech, the P/Es are good and tech companies have a certain buffer against commodity fluctuations. Shorting ban (USA) expires Thursday FYI.

[ace00]

The rumour is a 12 noon emergency rate cut.

Interesting and believable - UK I assume?