Stock market collapse in October

[BrilloPad]

A nice enough article, but it only echoes what we're all thinking. Sadguru et al seem to think that a correction to march levels is the most likely outcome, but I fear it could be much much worse.

Investors would run for the hills at the sight of any such correction, and having been bitten once would recoil still further. As the banks have been healing their balance sheets rather than passing savings on to savers people are still suffering from increased fuel costs and taxation, with low interest rates hampering their saving efforts.

So all in all, the "searing financial pain" that Bilderberg promised us earlier this year is coming to fruition.

Global financial reset anyone?

I agree with SG. I dont buy into the meltdown stuff. I am still going for a fall of 8% in output (top to bottom) and so avoiding depression.

[suityou01]

I agree with SG. I dont buy into the meltdown stuff. I am still going for a fall of 8% in output (top to bottom) and so avoiding depression.

Nope, doomed. Doom doom doom doomed. Doomedy doomed.

HTH

[BrilloPad]

Nope, doomed. Doom doom doom doomed. Doomedy doomed.

HTH

I wish you would get off the fence and say what you mean.

[HairyArsedBloke]

NY Close:

Dow Jones Industrial Average: 9505 -205 -2.1%
S&P 500: 1029-27 -2.6%
NASDAQ Composit: 2057 -63 -3%

(this figs may bounce about a bit before final settle)

Mmmmmmmmmmmmm.

[TimberWolf]

Yeah, tis October and still no stock market crash. They are too scared to convert to cash.

[SantaClaus]

Looks to me like the Dow (and thus the FTSE) are topping out.

But, even if it goes higher first, the beauty of options is there is no stoploss

[sasguru]

Yeah, tis October and still no stock market crash. They are too scared to convert to cash.

Wait fooorrrrrr ittttttt !!

Soon they'll be too scared NOT to convert to cash.

[TimberWolf]

Wait fooorrrrrr ittttttt !!

Soon they'll be too scared NOT to convert to cash.

I'm glad I don't have to print pages like this and this, as I'd soon run out of red ink.

[sasguru]

Looks like its starting.
Whats the weather like on Sunday in New York.
If its bad expect a full-scale rout on Monday

[HairyArsedBloke]

It's jobs day in the US. Figs in about an hour. Should be fun.