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Reply to: Stock Market Update
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Previously on "Stock Market Update"
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What makes you think we're assuming the same rules about fluctuations and dead cat bounces.
The last few months maybe, but not now. The trend is down, big time down. I'm doing nothing but attempting to make a couple of shekels during the days movements(what with the banning on shorts, it's all about sentiment).
Come lunchtime, Darling will be saying something to the press. Dow will stabilise for the last few hours and we will see a slight modest rise today by the end of play.
Then I'm out, because overnight, who knows what might happen. It's a brave man to hold overnight. Let alone a weekend!
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Problem is that you assume the same rules apply regarding fluctuations in the market - but this time there will be no dead cat bounce - or dead dogs dodo for that matter.
To quote the man who brough you the cweditcwunch- we are now witnessing a 'disturbing new economic reality'.
Nobody knows which way the economic wind will now blow - but I would bet its an Easterly trend.
Like it or not the economic reality is we are now in the Post-Market Age. i
Long Live the State.Last edited by AlfredJPruffock; 7 October 2008, 10:21.
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Originally posted by MarillionFan View PostGreat. Need a new share dealing site.
Dont use Barclays if you want to make quick share transactions. Little bit of action on the market and their bloody website falls over.
Enough of this day trading. Oh it brings it all back to the dotcom boom.
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Great. Need a new share dealing site.
Dont use Barclays if you want to make quick share transactions. Little bit of action on the market and their bloody website falls over.
Enough of this day trading. Oh it brings it all back to the dotcom boom.
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Carnage. Absolute carnage.
The Barcays share site has just given up the ghost. It had RBS to buy at 90p, 150 to sell!!!
Anyway, by the time it got to the buy it was 103, then 105, then 107 and then it crashed!
Bought some United Utilites instead.
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Originally posted by Lockhouse View PostTime to buy RBS shares?
You can't fail on investing in a bank in these days.
Not like New Labour will rush through a Bill and force Nationalisation of banks, causing all shareholders to lose all their money is it?
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Don't panic. Bottom is Wednesday. Confidence returns Thursday then it's up up and away.
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