Reply to: FTSE down down down...

[Viktor]

Doomed...again!!!

Whooo.....3625....5.33%....that's a fall comparable to Nov. 2008 levels....

http://newsvote.bbc.co.uk/2/shared/f.../3/default.stm

Glad I'm not contracting in UK at the mo!!....Can't believe how tulipe are rates in £ now, what a difference one year makes!!!

Viktor

[BrilloPad]

FTSE will gap down tomorrow morning, Dow Jones still falling.
The good news is crude oil is below $50. That should mean cheaper petrol.

"gap down"?

what does that mean? it will keep same gap to Dow so will drop?

[SantaClaus]

FTSE will gap down tomorrow morning, Dow Jones still falling.
The good news is crude oil is below $50. That should mean cheaper petrol.

[BrilloPad]

If only atw were chancellor all would be well.....

[Ravello]

Money can't just disappear. Where it it?

(last time I asked HAB said government bonds)

Problem is it never existed in the first place, or in the areas where it did exist it was so heavily leveraged that small downturns equated to catastrophic collapse.

[Bagpuss]

This from the Beeb;

‘World shares have fallen amid concerns that the world economy will enter a protracted downturn’

That’s like saying ‘share prices fall as traders fear falling share prices’, or ‘finance stocks fall as banks sell off financial shares’.

Do these guys arrive at work every morning with no memory of what happened yesterday? Are the concerns about a downturn something new? For hell’s sake, we may as well just replace all the world’s financial traders with apes that throw darts at the FT. At least then it would be a properly randomized gambling machine.

I've ofen wondered that, as Charlie Brooker put it "financial markets crashed as people realised that share prices were nothing more than random numbers floating in a bowl of optimism juice"

[TimberWolf]

Money can't just disappear. Where it it?

(last time I asked HAB said government bonds)

[Liability]

Nikkei is at the lowest level since 1982!

I reckon the FTSE will be down about 200 today.

Recently re-read this (it's all coming true):
http://www.amazon.co.uk/Wake-Up-Surv.../dp/1841126918

any kind of a summary you can give on that book? whats to come?

[Mich the Tester]

This from the Beeb;

‘World shares have fallen amid concerns that the world economy will enter a protracted downturn’

That’s like saying ‘share prices fall as traders fear falling share prices’, or ‘finance stocks fall as banks sell off financial shares’.

Do these guys arrive at work every morning with no memory of what happened yesterday? Are the concerns about a downturn something new? For hell’s sake, we may as well just replace all the world’s financial traders with apes that throw darts at the FT. At least then it would be a properly randomized gambling machine.

[Viktor]

The low in October has been tested again...

This time it's not a free-fall, it's a sistemic daily drop, looks identical to the Great Depression...

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

3851 now, where is the STOP?

[AlfredJPruffock]

Better be Cool on Wall St - when your index is low

Central Scrutiniser - you'll never take me alive !

[BrilloPad]

The hedge funds are unwinding so all stock markets are going to plummet.

I'm waiting for the FTSE to hit single digits before I wade in.

I thought the hedge funds were mostly shorting - so if unwinding they will have to buy?

Or was that just a government attempt to xfer blame to hedge funds?

[GreenerGrass]

Nikkei is at the lowest level since 1982!

I reckon the FTSE will be down about 200 today.

Recently re-read this (it's all coming true):
http://www.amazon.co.uk/Wake-Up-Surv.../dp/1841126918

[BlasterBates]

The hedge funds are unwinding so all stock markets are going to plummet.

I'm waiting for the FTSE to hit single digits before I wade in.

[BrilloPad]

I gave the best market forecast this board has ever seen last week and you all mocked me.

I'm not giving my forecast for this week because, a) I'm having a hissy fit, b) you wont like it, c) it's 'goods for sale' from now on.

SO THERE

Was that the one where you said it would go up or down?

okay - I formally apologize - and so does everyone else! Hit us with your prediction!

I am going for a 3400-3500 range by 16:30 on Friday.

Maybe I should start a poll......