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FTSE at 3700 and no winners.
Comments
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Australia dropped interest rates by more then expected .75 and theres the election which seems to be having a positive influence and there is our own expected drop in rates.
The actual arrival of good news should see the drop as traders have less to look forward, I didnt think it'd rise back this consistently either.
Other good news is lloyds is planning to pay dividends in shares instead of cash, sooner then expected.
Maybe mccain will win and the market will crashunknown unknowns..
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The markets are raging today!0
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OK so we could have over 1000 points added less than two weeks,
Is it possible we have seen the botom for the FTSE?0 -
Is it possible we have seen the botom for the FTSE?
Possible.........but not probable IMHO.
I've bought heavily (for me) into this rise, but I'll be out like a shot if/when it turns.'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
Possible.........but not probable IMHO.
I've bought heavily (for me) into this rise, but I'll be out like a shot if/when it turns.
It must be all the good news today - M&S profits down by a third and RBS about to announce it's first ever annual loss.
I hope that the markets have turned as it'll be one less bad thing to worry about but I really can't see it either.
(probably the Obama bounce to thank)--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
Obama isnt actually in office until the spring though. If this market does bare similarities to the 30's then the market should fall in the meantime
When FDR took office in 33, he closed the banks for a week for auditing and reform
As Steve was closest to predicting a bounce and I know he likes my posting of graphs, heres anotherif the market dropped back to 4100 I'd be tempted to buy back in with my full pension amount
And if it only falls back to 4300, could you bite the bullet and reinvest. You do have the option to invest half if you wanted right?0 -
sabretoothtigger wrote: »Obama isnt actually in office until the spring though. If this market does bare similarities to the 30's then the market should fall in the meantime
When FDR took office in 33, he closed the banks for a week for auditing and reform
As Steve was closest to predicting a bounce and I know he likes my posting of graphs, heres another
STT you are master at finding the cloud outside the silver lining.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Dithering_Dad wrote: »I
I'm still sitting in my cash fund, but I'm starting to feel a bit like Miss Haversham here - waiting for a crash that'll never come. :rotfl:
How does the wedding dress fit?...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Dithering_Dad wrote: »If only I got out at 6000. I bailed at 5500 and got back in with equities at 3800 (ish), then bailed again at 4200 (ish).
OH got out at 6500, and has yet to re-enter....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0
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