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FTSE 100 has taken a nose dive today!
Comments
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Not as bad as the 87 crash then and we survivied that.0
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October seems to be the key (top5, different years) .. and there are still 20 days to go ...don't panic captain mainwaring , we've still got a long way to go before we hit rock bottom
https://www.guardian.co.uk/business/table/2008/sep/19/ftse100.worst.daysAll my life my mother told me the storm was coming (c) Terminator 30 -
Think positive
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This is quite an interesting video on Morningstar regarding where the markets are now compared to historic bear markets.0
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If I had any money I would invest it in shares to be honest. Only the first 40k and the rest in gold.
After reading you lot of course. Gold is good.
I am quite happy with my lot in shares right now. I reckon I will win.0 -
My goodness that chap talks quickly 0
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Based on the fact we are going in to recession, business making less money, going bust, not paying dividends.
I would say it is a fair assumption it will take at least 2 years for business to get back to 2007 figures that should mean the same for the FTSE.
Don’t laugh if you don’t understand.:rolleyes:
I'll laugh at what I want when I want, thank you. :rolleyes:
And I understand all to well the problems facing the FTSE. Doesn't mean that I or you or the original poster can say with any certainty at exactly what time we'll get back to a certain FTSE index figure.
A long time before the stock market recovers, yes.
2 years before it's back to over 6000 is crystal ball territory.0 -
A 471 point drop is needed Monday for the worst drop on the FTSE ever, NYSE is shut monday so the dow won't reign in any drops when it opens... I think its a possibility. I think we will see a drop in the region of 550-550 Points.0
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A 471 point drop is needed Monday for the worst drop on the FTSE ever, NYSE is shut monday so the dow won't reign in any drops when it opens... I think its a possibility. I think we will see a drop in the region of 550-550 Points.
Well, the IMF is doing the markets no favours - they say that the worst case scenario is that the measures taken by Governments will take another few weeks to take effect, and by then we may see markets drop another 20% :eek:
http://uk.reuters.com/article/topNews/idUKTRE4961YE20081011
Don't these guys know what a self-fulfilling prophecy is !!!It's always the grass that suffers, irrespective of whether the elephants are fighting or making love !!!0
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