UK Stockmarket 2009 and beyond

tonygee_3

What EXACTLY happened?
Has there been a 'glitch'DOW DOWN 900,cant get on BLOOMBERG
IG had FTSE @4400??

tradetime

tonygee wrote: »

What EXACTLY happened?
Has there been a 'glitch'DOW DOWN 900,cant get on BLOOMBERG
IG had FTSE @4400??

Programs kicked in on the sell side

tradetime

VIX up 58% currently

tonygee_3

cloud_dog wrote: »

oh dear.... carnage in the morning then

Look on bright side,loads of bargains if crashes;)

JamesU

tonygee wrote: »

What EXACTLY happened?
Has there been a 'glitch'DOW DOWN 900,cant get on BLOOMBERG
IG had FTSE @4400??

Euro soverign debt jitters. 10040, 9% drop but recovering now.

tonygee_3

Calmed down a bit,why couldnt it have happened earlier during FTSE(blast)
There must have been fortunes made and lost in minutes
Hope you piled in, trade.

sabretoothtigger

I have the FTSE futures price falling to as low as 4700 this evening.
That didnt kind of thing didnt happen even in 2008 so apparently Im hearing it was a mistake by a firm who have sold 10x more then they meant to or something like that.

However the markets are still pretty grim and gold should be making new highs as it has broken an inverse head and shoulders pattern apparently

Germany votes on the Greek debt plan tomorrow I think, something like that could cause a jump


edit: opps, I see you all already noticed

tradetime

Calmed down a bit,why couldnt it have happened earlier during FTSE(blast)
There must have been fortunes made and lost in minutes
Hope you piled in, trade.

Bought some SSO @ $36 and again at $35, and booked partial profits in the $39's couldn't risk futures leverage in that sort of market, though it would have been extremely profitable with hindsight.

worldtraveller

Dow closed down 3.27%; Nasdaq 3.37%; S&P 3.33%

tradetime

Yes DOW down 347, hard to believe it was down about 1000 points at one stage.