FTSE down down down...

[GreenerGrass]

Nikkei is at the lowest level since 1982!

I reckon the FTSE will be down about 200 today.

Recently re-read this (it's all coming true):
http://www.amazon.co.uk/Wake-Up-Surv.../dp/1841126918

[BrilloPad]

The hedge funds are unwinding so all stock markets are going to plummet.

I'm waiting for the FTSE to hit single digits before I wade in.

I thought the hedge funds were mostly shorting - so if unwinding they will have to buy?

Or was that just a government attempt to xfer blame to hedge funds?

[AlfredJPruffock]

Better be Cool on Wall St - when your index is low

Central Scrutiniser - you'll never take me alive !

[Viktor]

The low in October has been tested again...

This time it's not a free-fall, it's a sistemic daily drop, looks identical to the Great Depression...

http://newsvote.bbc.co.uk/1/shared/f.../3/default.stm

3851 now, where is the STOP?

[Mich the Tester]

This from the Beeb;

‘World shares have fallen amid concerns that the world economy will enter a protracted downturn’

That’s like saying ‘share prices fall as traders fear falling share prices’, or ‘finance stocks fall as banks sell off financial shares’.

Do these guys arrive at work every morning with no memory of what happened yesterday? Are the concerns about a downturn something new? For hell’s sake, we may as well just replace all the world’s financial traders with apes that throw darts at the FT. At least then it would be a properly randomized gambling machine.

[Liability]

Nikkei is at the lowest level since 1982!

I reckon the FTSE will be down about 200 today.

Recently re-read this (it's all coming true):
http://www.amazon.co.uk/Wake-Up-Surv.../dp/1841126918

any kind of a summary you can give on that book? whats to come?

[TimberWolf]

Money can't just disappear. Where it it?

(last time I asked HAB said government bonds)

[Bagpuss]

This from the Beeb;

‘World shares have fallen amid concerns that the world economy will enter a protracted downturn’

That’s like saying ‘share prices fall as traders fear falling share prices’, or ‘finance stocks fall as banks sell off financial shares’.

Do these guys arrive at work every morning with no memory of what happened yesterday? Are the concerns about a downturn something new? For hell’s sake, we may as well just replace all the world’s financial traders with apes that throw darts at the FT. At least then it would be a properly randomized gambling machine.

I've ofen wondered that, as Charlie Brooker put it "financial markets crashed as people realised that share prices were nothing more than random numbers floating in a bowl of optimism juice"

[Ravello]

Money can't just disappear. Where it it?

(last time I asked HAB said government bonds)

Problem is it never existed in the first place, or in the areas where it did exist it was so heavily leveraged that small downturns equated to catastrophic collapse.

[BrilloPad]

If only atw were chancellor all would be well.....