Crash Crash Crash !!!!!!!!!!!!!!!!!!!!!!!!!!!

sabretoothtigger

[FONT=Verdana, Arial, Helvetica, sans-serif][FONT=Verdana, Arial, Helvetica, sans-serif][FONT=Verdana, Arial, Helvetica, sans-serif] And secondly we do not believe that the Central Banks will via their unprecedented monetary easing create a soft landing and a Goldilocks economy. Trying to achieve that while printing trillions of dollars/euro and pounds in new money is like trying to steer a falling meteorite to land on a bandstand in Hyde Park by carefully adjusting position by farting in the right direction. We are convinced that by 2010 the world will be facing real inflationary pressures and that in anticipation of this gold will increase in price sharply. As such we maintain our heavy weighting in gold producers and near producers. There is no change of tack on this front.[/FONT][/FONT][/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif][FONT=Verdana, Arial, Helvetica, sans-serif][FONT=Verdana, Arial, Helvetica, sans-serif]By Robert Sutherland-Smith and Tom Winnifrith of the SF t1ps Smaller Companies Growth Fund



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FoxtonsRIP wrote: »

Me thinks the lady doth protest too much.

you just like saying that :laugh:

Jennifer_Jane

FoxtonsRIP wrote: »

Me thinks the lady doth protest too much.

Oh, here we go. Another thread with ruined by a sockpuppet subthread. Just spoiling all discussion.

I do think this is bullying on a low scale. Is there anyway I can prove that I am not a sockpuppet? What do I have to do? Who else do you think I am?

Good grief, this is bizarre.

Ridiculous
Jen

fc123

mewbie wrote: »

I don't have avatars enabled but am intrigued. What was it, and what is it now?

I didn't know what they were until I enabled them on user cp......they are great. Fascinating to see who chooses what. You should enable them for an evening.

I now do weekly avatars..what I am making, interested in and all the super important trivial stuff that clogs up my working life.

Sabre tooth does weekly,even daily avatars and sigs...spends more time on them than he does on posts...joking STT.;)

fc123

Jennifer_Jane wrote: »

Oh, here we go. Another thread with ruined by a sockpuppet subthread. Just spoiling all discussion.

I do think this is bullying on a low scale. Is there anyway I can prove that I am not a sockpuppet? What do I have to do? Who else do you think I am?

Good grief, this is bizarre.

Ridiculous
Jen

Don't take it to heart Jen...they are just taking the mick a bit. Wet Bank Holiday Mon pm...back to the PAYE grind tomo and all that.

ad44downey

Jennifer_Jane wrote: »

Oh, here we go. Another thread with ruined by a sockpuppet subthread. Just spoiling all discussion.

I do think this is bullying on a low scale. Is there anyway I can prove that I am not a sockpuppet? What do I have to do? Who else do you think I am?

Good grief, this is bizarre.

Ridiculous
Jen

Lighten up. In the immortal words of Brian Connolly: It's only a puppet!!!

sabretoothtigger

Quite right

“Stocks point to end of downturn,” says another.

The Dow rose 119 points on Friday.

Newsweek magazine probably speaks for millions. It looks at the recession so far and thinks: is that all you got? US GDP is contracting at a 6% annual rate. Prices are falling. Unemployment is 8.5% in the whole of the US... as high as 13% in some areas. But “if we’re in the middle of a new Great Depression,” asks the magazine, “why are we still ordering $17 cocktails?”

It may be a depression, in other words, but it doesn’t seem like one.

Why?

We can think of two reasons. First, the world is a lot fatter than it was in the ‘30s. More people have more money – even in a recession. Some of them will want to buy $17 cocktails no matter how bad things get. Today, the Okies have air-conditioning, unemployment comp and social security. They won’t sweat quite as much as they did 70 years ago. At least, not until the government goes broke.

The basic problem is that too many people lived beyond their means for too long. Now, their means are shrinking and they’ll have to live within them. Still, they should be able to earn enough to be comfortable... unless all Hell breaks loose.

The other reason it doesn’t seem like a Great Depression is that we are still only in 1930. The stock market crashed in ’29. Then, there was a rebound, in which people came to believe they saw “encouraging signs”... and began to look for ways to profit. They bought stocks, hoping to recover what they had lost – only to get hit again – harder. The bottom didn’t come until 8 July, 1932, when the Dow hit 41. And the misery didn’t reach the news photos until the mid-‘30s... after Hoover and Roosevelt had successfully prevented a quick recovery.

If the pattern of the ‘30s holds, we won’t see the stock market bottom until 2011. Then, it will begin to feel like a real depression.

So, don’t be impatient, dear reader. Everything will happen... when it’s ready.

http://www.dailyreckoning.co.uk/lessons-from-history/depression-financial-crisis-profit-84756.html

fc123 wrote: »

I didn't know what they were until I enabled them on user cp......they are great. Fascinating to see who chooses what. You should enable them for an evening.

I now do weekly avatars..what I am making, interested in and all the super important trivial stuff that clogs up my working life.

Sabre tooth does weekly,even daily avatars and sigs...spends more time on them than he does on posts...joking STT.;)

vicious lies

dervish

blisk2 wrote: »

What muppet puppet invented the term sockpuppet !

Take your petty squabbles elsewhere, thhis is a serios thraed about the CRASH CRASH CRASH.

^ :rolleyes:

and here's another one...

sabretoothtigger

April 14, 2008

The Ten Biggest Stock Market Crashes of All Time


Some investors might think they have had a rough ride on the stock market over the past seven or eight months. But the recent share price gyrations pale into insignificance when compared with the biggest stock market falls of all time.

10) Wall Street 1901-03: -46%
The market was spooked by the assassination of President McKinley in 1901, coupled with a severe drought later the same year.
9) Wall Street 1919-21: -46%
There were fears that the new automobile sector was becoming overheated and that car ownership had reached saturation point.
8) Wall Street 1906-07: -48%
Markets took fright after President Theodore Roosevelt had threatened to rein in the monopolies that flourished in various industrial sectors, notably railways.
7) Wall Street 1937-38: -49%
This share price fall was triggerd by an economic recession and doubts about the effectiveness of Franklin D Roosevelt's New Deal policy.
6) London 2000-2003: -52%
The UK took sixth place in the table with a 52 per cent market fall between 2000 and 2003 as investors suffered the consequences of the collapse of the technoogy bubble
5) Hong Kong 1997-98: -64%
The Hong Kong stock market’s heavy fall in 1997-1998 came as investors deserted emerging Asian shares, including a very overheated Hong Kong stock market
4) London 1973-74: -73%
Next came the UK stock market’s 73 per cent drop in 1973 and 1974. set against the backdrop of a dramatic rise in oil prices, the miners’ strike and the downfall of the Heath government.
3) Japan 1990-2003: -79%
In third place, with a 79 per cent decline, was the Japanese stock market, which suffered a protracted slide in price from 1990 to 2003 as a share and property price bubble burst and turned into a deflationary nightmare.
2) US Nasdaq 2000-2002: -82%
The second biggest collapse came from the technology-rich US Nasdaq index, which fell by 82 per cent following the bursting of the dot.com bubble in 2000
1) Wall Street 1929-32: -89%
The Wall Street Crash heads the list, with the US stock market falling by 89 per cent between 1929 and 1932. The bursting of the speculative bubble led to further selling as people who had borrowed money to buy shares had to cash them in in a hurry when their loans wre called in.
David Shwartz, the stock market historian, says: “The very big stock market crashes are invariably triggered by a series of different events which unfold one after the other. For example the biggest UK stock market slump in 1973-74 was started by the fear of stagflation, but was then fuelled by the dramatic rise in oil prices of late 1973, followed by the Miners’ strike and the downfall of the Heath government. One heavy blow is not enough to produce a market crash. It requires several different blows to bring a market to its knees.”
(This list only includes stock market crashes in industrialised economies.)

http://timesbusiness.typepad.com/money_weblog/2008/04/the-ten-biggest.html

wolfman

sabretoothtigger wrote: »

http://timesbusiness.typepad.com/money_weblog/2008/04/the-ten-biggest.html

Slightly dated article. The Dow Jones was at around 12,000 points or more around that time (April 08). By March 09 it had dropped to around 6,500.

That's nearly 50% drop, which won't rank as the biggest percentage drop, but at around 6,000 points, it's the biggest points drop in history. Same for the FTSE I think...

The market seems to be stabilising a bit now. Although, weekly there are still corporate loses being announced and jobs cut. Plus interest rates are historically low, and we have a huge debt of public spending to overcome. Plus... house purchases are incredibly low too, at around 40,000 a month, compared to over 100,000 a month in previous years.

I think we've still got quite a few hurdles to overcome. I'm quite happy to keep saving until next year to buy a place.

sabretoothtigger

The date was on purpose ,I like to see how their sentiment varys from that time to now

I think because things look so bad still and because of the low rates, this year is the time to buy but only time will tell, anyone with oodles of cash can speculate more i guess


Surprisingly less optimistic or more realistic vid from bloomberg, re employment stats

http://www.youtube.com/watch?v=l3Z4ptKop0c