Dow

StevieJ

EdInvestor wrote: »

This thread should be on the Savings and Investments board.

Brilliant :T

Kez100

EdInvestor wrote: »

This thread should be on the Savings and Investments board.

Not sure the stockmarket falling by 30% is a saving or an investment!

I suppose if we think it has bottomed out it could be........



.....but has it?

Perhaps this board should be renamed

'House prices and various other crashes'

Kez100

sabretoothtigger wrote: »

The recent low was last seen in the mid nineties I think. I always thought the dow over 10k was overvalued, pity I didnt stick to my guns

The panic is because the banks would have mostly all fallen over by now if it werent for government loans.

Its like a hells angel biker needing stabilisers.
Theres a good chance its still not enough, RBS apparently has 2 trillion of liabilities/assets (mortgages are assets) for example which is as big as the uk annual gdp

Lehmans falling over was 10 times bigger then enron, 6 times bigger then worldcom going under & even if you added together every other massive bankruptcy in the last twenty years Lehmans would still outweigh them all as the largest bankruptcy in history


The sp500 from Nov 1 1996 to Nov 20 2008 has fallen in value.

I do get all of that and thank you for your post. So why if it is that bad isn't the FTSE even lower? A poster above implies levels are pricing in anything other than a nuclear launch. I don't feel that it the case because the levels are actually not that low (although they feel like it at times due to my shareholding being so low)

WTF?_2

Kez100 wrote: »

I do get all of that and thank you for your post. So why if it is that bad isn't the FTSE even lower? A poster above implies levels are pricing in anything other than a nuclear launch. I don't feel that it the case because the levels are actually not that low (although they feel like it at times due to my shareholding being so low)

Bzzzzt bzzzzt 'Off topic' alert. :rotfl:

chucky

Kez100 wrote: »

Thanks a lot Steve.

I do realise banks going under is a big thing but what I cannot get my head around is.......

Why the panic when the FTSE and DOW are only as low as 2003? That was only yesterday FGS.

Why the panic when the pound is $1.40? We know $2 was a lucky high. We had $1.50 in the 1990's when we went to the USA and were told it was good!

HP's are dropping, probably by 30-40%. I've been there and got the TShirt too in the 1990's.

Oil prices are dropping. They were far too high due to speculators and certainly when they were $50 the other day - we have seen prices like that in early 2007!

All this talk of contraction - 0.5%, or perhaps - 1.5%. Jees the USA contracted 30% in the Great Depression and these contraction levels take us back to sales in when - 2005? 2006? Again, that's yesterday.

And today the Express reckon sales will be up on the High Street compared to last year! (I appreciate their margins may be lower)

I'm panicing too - but I can't for the life of me get my head around why!

the panic is due to the media and possibily the doomers on here- they like to give the impression that we will be living in a Mad Max society

sabretoothtigger

They are low, ftse is still valued less then 12 years ago. It is below a long term average including the nineties recession.



I still say it makes more sense to buy now then last year or the year before, etc At least you know how bad it is now



The 2003 low was on the long term average, we're a thousand or more points below it now


However if I check the long term rate of growth (ftse average is 3%) since the 1987 peak

87 - 2003 = 3.33% growth per annum
87 - now = 3.51%
87 - Nov low =2.59%
87 post crash to 2008 low = 6.2% capital growth excluding dividends

StevieJ

!!!!!!? wrote: »

Bzzzzt bzzzzt 'Off topic' alert. :rotfl:

I think the board helpers think Dow is a kind of house

mewbie_2

StevieJ wrote: »

I think the board helpers think Dow is a kind of house

Oooh, I'm telling.

Kez100

With the number of companies going under we could find a home on the bankruptcy thread.

Or, if we keep mentioning home perhaps they'll let us stay.

barrooo

This kind of willfull disobedience and mis-posting will not be tolerated here....my god, you're behaving as though we live in a free country :rolleyes: