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Stock market collapse in October

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    Originally posted by BrilloPad View Post
    So is there any chance of the crash happening this week?
    Originally posted by HairyArsedBloke View Post
    There is a chance, just not a very big one.
    I can say no more, but I withdraw that last comment.
    How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

    Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
    Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%

    "We hang the petty thieves and appoint the great ones to high office" - Aesop

    Comment


      Originally posted by BrilloPad View Post
      So is there any chance of the crash happening this week?
      I've gotta say that time is not on our side for our December FTSE puts.
      On the other hand, there is a triple-top on the 4hr Dow Jones Chart. It is looking very bearish.
      'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
      Nick Pickles, director of Big Brother Watch.

      Comment


        Originally posted by SantaClaus View Post
        I've gotta say that time is not on our side for our December FTSE puts.
        On the other hand, there is a triple-top on the 4hr Dow Jones Chart. It is looking very bearish.
        Total irrelevance - chart pattens, earnings, etc are not the place to look for indications of what is happening. Equities, Gold, Oil and the other commodities are just bystanders at the moment.

        Have a look at exchange rates, treasury yields and money supply.
        How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

        Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
        Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%

        "We hang the petty thieves and appoint the great ones to high office" - Aesop

        Comment


          Originally posted by HairyArsedBloke View Post
          Total irrelevance - chart pattens, earnings, etc are not the place to look for indications of what is happening.
          Rubbish! Charts are the current moment, they reflect every emotion in the market. Fundamentals lag and are of no use for a day trader like myself.

          A triple top is just that, a rejection of price at a level 3 times. Does that level have no relevance???

          Earnings can be tarted up, they are of no relevance to me either.
          The banks are doing so well, how can that be? Oh yes, taxpayers money is being used to prop up the balance sheets.

          Originally posted by HairyArsedBloke View Post
          Equities, Gold, Oil and the other commodities are just bystanders at the moment.

          Have a look at exchange rates, treasury yields and money supply.
          Can anyone makes sense of whether quantitive easing is good or bad for a currency??? What if every country is doing it

          Exchange rates: strong $ has usually meant weak equities as investors go into risk aversion. So yes, I am hoping for $ to bounce at some point.
          Last edited by SantaClaus; 27 October 2009, 08:20.
          'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
          Nick Pickles, director of Big Brother Watch.

          Comment


            Nonsense! It's when the shoeshine boy says to get in, that is when you get out.
            Insanity: repeating the same actions, but expecting different results.
            threadeds website, and here's my blog.

            Comment


              Originally posted by threaded View Post
              Nonsense! It's when the shoeshine boy says to get in, that is when you get out.
              Talking of the shoeshine boy - anyone seen Nicky G recently?

              Comment


                Dow down 1%
                Has the crash started or is it going sideways

                Comment


                  This baby is going down ....
                  Hard Brexit now!
                  #prayfornodeal

                  Comment


                    Originally posted by sasguru View Post
                    This baby is going down ....


                    A great buying opportunity.

                    Pile in and clean up.

                    Comment


                      Originally posted by sasguru View Post
                      This baby is going down ....

                      Comment

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