FTSE taking a bashing today

Graham_Devon

Whats the magical number where it all goes crazy?

I have seen 3600 banded around, and currently its down 4.2% today to 3668.

It's now lower than when Labour took power in 1997. Good job lads!

Could see a new closing low for the decade today

SGE1

Yes, because when Labour came into power in 1997, their main pledge was to "keep the FTSE sky high"...

chucky

it's getting more than a bashing - it's getting a good and proper tonking

New York opening will be the key this afternoon if it goes anywhere near 3600

what does it have to do with Labour or any political party!?
was this part of their election manifesto??

JonnyBravo

Graham_Devon wrote: »

Whats the magical number where it all goes crazy?

I have seen 3600 banded around, and currently its down 4.2% today to 3668.

It's now lower than when Labour took power in 1997. Good job lads!

Could see a new closing low for the decade today

Is it getting to the level where there is real value??

Possibly.

I've opened an online share dealing account today anyhow.... now just need to decide where to dip my toe in the turbulent water

Really2

Graham_Devon wrote: »

Could see a new closing low for the decade today

Yippe!:rolleyes:

leftieM

I can't see why the FTSE is going low today. Who knows what sets the city boys and girls off on their sprees. Maybe it's because snow is predicted? Perhaps Warren Buffet sneezed?

JonnyBravo

napoleon wrote: »

You'll need to get some money to put in it first, rotten jonny :rotfl:

Reported for abuse

:rolleyes:

purch

I can't see why the FTSE is going low today. Who knows what sets the city boys and girls off on their sprees. Maybe it's because snow is predicted? Perhaps Warren Buffet sneezed?

Err............It might have something to do with HSBC ??

Graham_Devon

SGE1 wrote: »

Yes, because when Labour came into power in 1997, their main pledge was to "keep the FTSE sky high"...

Never said it was their main pledge. Never said it was a pledge.

It's just a factual bit of information.

However one of their pledges was responsible growth. Which has failed as were worse off now than 12 years previously.

Can I get you an "I love Gordon" Avatar?

SGE1

Graham_Devon wrote: »

Never said it was their main pledge. Never said it was a pledge.

It's just a factual bit of information.

However one of their pledges was responsible growth. Which has failed as were worse off now than 12 years previously.

Can I get you an "I love Gordon" Avatar?

Worse off how? What's your criteria for measuring how well off we are and were?

And yeah, you can get me an "I love Gordon" avatar if you like. Can I get you an "I only see things in black and white" avatar?

Graham_Devon

SGE1 wrote: »

Worse off how? What's your criteria for measuring how well of we are and were?

And yeah, you can get me an "I love Gordon" avatar if you like. Can I get you an "I only see things in black and white" avatar?

Whats my criteria? Erm, well were talking about the FTSE here?

So theres one piece of a whole set of criteria.

Maybe a new thread should be started? What pledges have actually been carried through? Rather than taking this one off on a tangent about superbrown?