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UK Stockmarket 2009 and beyond

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  • duck_3
    duck_3 Posts: 48 Forumite
    edited 27 May 2009 at 9:47PM
    Recent data have shown that the rate of economic deterioration is slowing, not just in the US and China, but across much of the developed world.

    Confidence appears to be returning to investors and consumers, while financial markets are reacting to an upturn in risk appetite.

    http://www.ft.com/cms/s/0/8803a2ce-4aa1-11de-87c2-00144feabdc0.html?nclick_check=1

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  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 27 May 2009 at 10:26PM
    A strong pound is bad for exports
  • duck wrote: »
    Watch the markets on the 29th and you will see

    that's all i can say

    Wow - look at that S car go!!
  • Stavros_3
    Stavros_3 Posts: 1,288 Forumite
    Stavros wrote: »
    Get ready to bump this on the 29th, I'm so excited :confused:

    Bump, Ok Duck, what are we meant to be watching?, whats the massive dynamic thing you intimated :rotfl:
    Liquidity is when you look at your investment portfolio and **** your pants
  • purch
    purch Posts: 9,865 Forumite
    To be fair, the Duckster didn't specify which 29th !!!!!!
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • tonygee_3
    tonygee_3 Posts: 432 Forumite
    Quack Quack to be fair been a good day here,held WICH for 1 hour +25%
    sold SPI +16%
    Now wanting CRASH
  • Dopple
    Dopple Posts: 373 Forumite
    The quicker the economy recovers, the sooner interest rates will rise for savers?
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 29 May 2009 at 5:47PM
    280509ftse5256352.jpg
    A break out to the down side could generate a sharp move, as this would equate to a classic double-top reversal pattern as illustrated in the accompanying graphics.



    The two highs around 4,520 currently act as significant resistance on the market, while the 2 reaction lows around 4,295, are currently acting as support.

    A break to the downside would target a move to around 4,060, based on the premise that the market would move an equal distance to the overall previous range.
    http://www.digitallook.com/news/2803368/Technical_Analysis_Dow_and_FTSE_set_to_break_out.html



    held WICH for 1 hour +25%

    impressive :O
  • tradetime
    tradetime Posts: 3,200 Forumite
    purch wrote: »
    To be fair, the Duckster didn't specify which 29th !!!!!!
    Absolutely, my bet is he was referring to the29th of February. :rolleyes:
    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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