FTSE at 3700 and no winners.

sabretoothtigger

Glad to hear you are trading not holding DD but you arent due to retire in the next 10 years I hope, sounds a pretty risky gamble with any money you might need soon

There was a no winners day not that long ago.


The US market actually seems quite optimistic to me, the futures market was closed earlier because many expected it to be far more grim. Basically I expect another fall at the moment, theres a few hours left

neverdespairgirl

sabretoothtigger wrote: »

Glad to hear you are trading not holding DD but you arent due to retire in the next 10 years I hope, sounds a pretty risky gamble with any money you might need soon

I'm fairly sure DD is a lot younger than that, max. 40.

Brian_Bullocks

Dithering_Dad wrote: »

p.s. Will be selling and back into Cash on Monday/Tue eve if all goes well!

I *was* going to stick 5k into HSBA, but chickened out in the end :eek:

sabretoothtigger

I dont think it was oversold so theres no reason to rush in and buy.
The sp500 was really quite strong today but as usual nowadays it fell in the last half an hour right back down to 16:30gmt levels pretty much (10 pts down) which means any news over the weekend (+ asia) is probably more important to the opening ftse level on monday.

I expect it to end down on monday right now, no bounce expected here not even a dead cat, but hopefully theres good news out there somewhere. The nikeii and hang seng fell sharply so maybe they lead us onto another blip

http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/stockmarket/29954/intraday.stm

Gorgeous_George

Brian_Bullocks wrote: »

I *was* going to stick 5k into HSBA, but chickened out in the end :eek:

Come on, we can do better than that. How about:

I was going to stick £5K in Scottish and Newcastle but bottled it?

It should have read:

I was going to stick 5k into Bernard Matthews, but chickened out in the end

GG

zippeh_2

I *was* going to stick 5k into HSBA, but chickened out in the end

might be worth doing that now, looking considerably cheap IMO.

sabretoothtigger

Merrill Lynch forecast Asian currency depreciation to erode Standard’s core Tier 1 ratio by about 30 basis points. That would take the key measure of balance sheet strength to about 6.2 per cent by the year end.

I was going to say how about Standard Chartered. Ironically these are the guys who formulated the government plan to raise banks Tier 1 to 9% yet they now find themselves looking weak, incredible

6 months ago they were at 9% but both they and hsbc have the lowest ratio of toxic debt in the single figures and Ive not heard of them taking on any company with bad debts since then

baby_boomer

Gorgeous_George wrote: »

Come on, we can do better than that.

I once nearly invested £1K in London International rubber products but pulled out instead to save the money.

Dithering_Dad

I was thinking of investing in the ACME yoyo company, but their stock price yoyo'd.

Hmnn, pathetic. I'll get my coat.

At least I didn't use the ACME Rollercoaster company. Be thankful for small mercies.

Generali

baby_boomer wrote: »

I once nearly invested £1K in London International rubber products but pulled out instead to save the money.

Very good!!! Better than I can come up with.

10cc: http://uk.youtube.com/watch?v=kShTUmYRyCw