Originally posted by HairyArsedBloke
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Stock market collapse in November
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Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k. -
Originally posted by Fred Bloggs View PostKeep buying, the lower the prices go, the more you get for the money.
The banks need plenty of punters to offload their inflated stock to.'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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We could be looking at the largest correction since March, but no way in my opinion are we looking at a drop below the lows of March. It`s a buying opportunity. As a guess, I think we could go down to 4650(more likely) to 4450(less likely) if this does turn out to be a decent correction rather than just one or two bad days. That market has moved far and quite fast to the recent highs. Although not a chartist, I can see the market (FTSE)has hit the 30 month moving average (5300), and some will be looking to sell for that exact reason.
Big nad time!Last edited by SuperZ; 26 November 2009, 23:47.Comment
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I just made £150 in an hour of trading the oil futures from the low.
Came within 2 pips of my stop position before going up and netting me some tax free money.
Nice.
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