Stock market collapse in October

[TimberWolf]

As there are so many stock market threads I thought I'd resurrect the original - and still the most accurate to date

In what way was it accurate?

[sasguru]

There was a biggish fall on the last day of October. Been goiing up since.
And that fall would have been much greater if this fake QE money was not artificially propping things up.

[suityou01]

There was a biggish fall on the last day of October. Been goiing up since.
And that fall would have been much greater if this fake QE money was not artificially propping things up.

Just wait until interest rates go up.

[DiscoStu]

Just wait until interest rates go up.

I'm not worried, our glorious leader's expert economic stewardship will see us right

[suityou01]

We're all fooked

WHS

[suityou01]

My previous reply was the 666th reply to this thread.

[MrMark]

There was a biggish fall on the last day of October. Been goiing up since.
And that fall would have been much greater if this fake QE money was not artificially propping things up.

He, he. He'd have got away with it, if it wasn't for those damn kids...

[SantaClaus]

Lets see what Non Farm Payroll (1:30pm) and the G20 meetings (today and this weekend) do.

I agree that fake monopoly money is propping this thing up.
It's just prolonging the pain that is bound to happen eventually.

[BrilloPad]

Lets see what Non Farm Payroll (1:30pm) and the G20 meetings (today and this weekend) do.

I agree that fake monopoly money is propping this thing up.
It's just prolonging the pain that is bound to happen eventually.

I agree. But I think that while QE is around bonds are expensive so alot of money going into equities. Once QE reversed bonds will get cheaper......

[SantaClaus]

I agree. But I think that while QE is around bonds are expensive so alot of money going into equities. Once QE reversed bonds will get cheaper......

Yep, youre right Brillo.

Anyway, today we have a drop in the stock markets due to a dismal US unemployment figure.

I bought the FTSE 5040 one-touch binary at around a price of 12, which means I profit about 9x my original stake if that level gets hit.

Quite likely as its a good stop-hunting level for dealers and NFP day is stop-hunting day