Reply to: 5000 and sinking

[TimberWolf]

George Soros, the hedge fund supremo, said: “I’m afraid we’re not through the worst of it at all – in some ways we’re heading into the storm, rather than coming out of it.”

FTSE 100
4,981.90

Is he saying this for altruistic reasons though?

[ace00]

George Soros, the hedge fund supremo, said: “I’m afraid we’re not through the worst of it at all – in some ways we’re heading into the storm, rather than coming out of it.”

FTSE 100
4,981.90

[BrilloPad]

Back above 5000.

Panic over.

Nothing to see here...

5025.6 - only just over.

is it a dead cat bounce or a buying opportunity? darkest light just before the dawn. etcetc.

[OwlHoot]

Out of curiosity, what would happen if the FTSE went to 0 ?

Is that possible ? What would happen ?

Are you any good at flint knapping?

[ratewhore]

Back above 5000.

Panic over.

Nothing to see here...

[DaveB]

Why isn't my gold going up (much) then?
I thought people would be flocking to the yellow stuff.
As for my Palladium
Stupid speculants

Gold took a huge hit from speculators cashing in near $900. Oil prices have dropped back and the Dollar has gained a fair bit at the same time, both of which make gold look less attractive.

[ace00]

Why isn't my gold going up (much) then?
I thought people would be flocking to the yellow stuff.
As for my Palladium
Stupid speculants

[DimPrawn]

Long before the FTSE got to zero the economy would have collapsed.

has

[ratewhore]

It’s a bit like asking what happens to you when you fall into a black hole. Some say that you re-emerge through a white hole somewhere else. When in fact you are ripped apart long before you get any where near actually falling into one in the first place.

Theoretically...

[HairyArsedBloke]

Out of curiosity, what would happen if the FTSE went to 0 ?

Is that possible ? What would happen ?

It’s a bit like asking what happens to you when you fall into a black hole. Some say that you re-emerge through a white hole somewhere else. When in fact you are ripped apart long before you get any where near actually falling into one in the first place.

Long before the FTSE got to zero the economy would have collapsed.

[Cyberman]

Out of curiosity, what would happen if the FTSE went to 0 ?

Is that possible ? What would happen ?

Lending would dry up as companies would have little equity against which to borrow.

[cailin maith]

Out of curiosity, what would happen if the FTSE went to 0 ?

Is that possible ? What would happen ?

I wondered that too..... but was too afraid to ask

[Board Game Geek]

Out of curiosity, what would happen if the FTSE went to 0 ?

Is that possible ? What would happen ?

[DaveB]

So how low will it go?

FTSE 4800,4700,4600?
DJ Below 10k?

[stingman123]

Down to 4961 now