Stock market collapse in October

[DieScum]

Nobody knows about the big picture and your kidding yourself if you think you do or that a butterfly flapping it's wings in Indonesia can't change the course of everything.

I plan to work, save and invest over time. Come boom or crash or whatever.

Although my gut feeling is that the double dip won't happen.

[sasguru]

Nobody knows about the big picture and your kidding yourself if you think you do or that a butterfly flapping it's wings in Indonesia can't change the course of everything.

I plan to work, save and invest over time. Come boom or crash or whatever.

Although my gut feeling is that the double dip won't happen.

Your post would be more credible if you understood the basic principles of spelling and grammar.

HTH

[suityou01]

Don't worry, that much is abundantly clear.

Was there a reason for that? Or are you just a bully?

[DimPrawn]

FTSE up like a rocket.

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

Boomed!

[sasguru]

FTSE up like a rocket.

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

Boomed!

The bigger the rise, the harder (and sooner) the fall.

[DimPrawn]

The bigger the rise, the harder (and sooner) the fall.

WHS.

[TimberWolf]

FTSE up like a rocket.

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

Boomed!

Top 5 winners:

Tullow Oil
Eurasian Natural Resources
Randgold Resources
Xstrata
Rio Tinto

Top 5 losers:

Sainsbury
Centrica
National Grid
Severn Trent
RSA Insurance Group

Do I have a point? Nope.

[Doggy Styles]

There's only one fundamental, and suitsyou implied it: Are we as a nation balancing the books?

The answer is obviously no, but it's worse than that. For many years debt has been increasing, literally, at an exponential rate. The economy has been allowed to run out of control.

The only reason for the whole "recovery" event recently is that the government have made it increase even faster. Forgive the metaphor, but that is like issuing morphine to a cancer patient.

That cannot go on forever, which is possibly where OP sasguru is coming from. The longer it goes on for, the worse it will be when it stops.

Anybody that still believes that Gordon Brown is clever is a cretin.

[suityou01]

There's only one fundamental, and suitsyou implied it: Are we as a nation balancing the books?

The answer is obviously no, but it's worse than that. For many years debt has been increasing, literally, at an exponential rate. The economy has been allowed to run out of control.

The only reason for the whole "recovery" event recently is that the government have made it increase even faster. Forgive the metaphor, but that is like issuing morphine to a cancer patient.

That cannot go on forever, which is possibly where OP sasguru is coming from. The longer it goes on for, the worse it will be when it stops.

Anybody that still believes that Gordon Brown is clever is a cretin.

Yeaaaaaaah, in your face PM JUNKIE

[DimPrawn]

Interesting the reason for the current surge.

USA consumer spending jumped a lot in August.

Hence the optimism and big gains in stock markets around the world.

Hooray!

Until you read the small print and see that the consumer spending jump is driven by car sales which is driven by cash for clunkers which is driven by printing money and giving it to people to spend.

So it's a recovery based on fiscal stimulus. When the money runs out, it's crash time.