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FTSE100, nice bounce today

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Comments

  • tradetime
    tradetime Posts: 3,200 Forumite
    Yep, all the analysts calling it a dead cat bounce, so it just might have some legs beyond today.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • Buddy195
    Buddy195 Posts: 144 Forumite
    tradetime wrote: »
    Yep, all the analysts calling it a dead cat bounce, so it just might have some legs beyond today.

    We'll all wait and see. Loved the bounce today made portfollio look far better :D
  • tradetime
    tradetime Posts: 3,200 Forumite
    S&P looking a little tired up here, if we give this back before the close, look out tomorrow.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • artha
    artha Posts: 5,254 Forumite
    tradetime wrote: »
    Yep, all the analysts calling it a dead cat bounce, so it just might have some legs beyond today.
    I don't think the analogy is accurate in terms of Physics. A bounce (elastic properties) should decrease in amplitude with time and settle to a fixed level and remain there once "dead ;)"

    In fact I think it is better described as dead cat twitch but then I'm a bit of a saddo when it comes to being accurate
    Awaiting a new sig
  • Lynt_3
    Lynt_3 Posts: 235 Forumite
    Ooh, some positive news re citigroup for a change :j
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    Lynt wrote: »
    Ooh, some positive news re citigroup for a change :j



    LOL.


    Watch it fall tomorrow..
    Not Again
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    Up one day down the next. No point getting too excited
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • luvpump
    luvpump Posts: 1,621 Forumite
    Part of the Furniture Combo Breaker
    The FTSE still has some way to go... & it isn't Upwards !!
  • artha
    artha Posts: 5,254 Forumite
    luvpump wrote: »
    The FTSE still has some way to go... & it isn't Upwards !!
    I hope it isn't up as I want to put some money in but can't do it until end of May. Then leave until recovery(5-6 years)and pull
    Awaiting a new sig
  • tradetime
    tradetime Posts: 3,200 Forumite
    artha wrote: »
    I hope it isn't up as I want to put some money in but can't do it until end of May. Then leave until recovery(5-6 years)and pull
    Don't worry, imho you'll get an opportunity to stock up at lower prices than this, if it's equities you're after.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
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