A not taking the micky thread....

tomterm8

1echidna wrote: »

What has suddenly happened in West Bromich? Car industry suffering but has been going on for some time, what is worse about this past week than before?

Hasn't their building society gone extinct?

1984ReturnsForReal_2

mewbie wrote: »

...caused by my earlier lack of growth link.. cause and effect Graham.. cause and effect.

Thats a chicken & egg thing.

Oil prices, as I remember, where so high people started to use less.

Graham_Devon

1984ReturnsForReal wrote: »

Thats a chicken & egg thing.

Oil prices, as I remember, where so high people started to use less.

Of what, chickens, or eggs?

1echidna

tomterm8 wrote: »

Hasn't their building society gone extinct?

I am with it now, but hardly on a par with RBS or HBOS etc

1984ReturnsForReal_2

DiggerUK wrote: »

1984,
If you had bothered to listen to the guru on the TV you would have the answer you seek.

If you spent all your day at work, working, instead of skiving then you would have known what the guru on the net was saying as well.

No time for people like you.

1) When I listen to the news on TV I rarely believe it & always check out other sources involving a few hours research in order to gain a proper insight. That way I am hardly ever wrong.

2) I work for myself so if I want to skive I will.

3) I have only been on here a couple of times to sl*g a couple of idiots off because they are...... quite simply idiots.


NEXT!

Graham_Devon

1echidna wrote: »

I am with it now, but hardly on a par with RBS or HBOS etc

Quite. Just one of those little annoyances that prop up every now and then. :rolleyes:

1echidna

Graham_Devon wrote: »

Quite. Just one of those little annoyances that prop up every now and then. :rolleyes:

Oh this board has gone absolutely mad this evening, but I would have thought that on what is claimed to be a turning point, that you would have much more disastrous things to talk about rather than West Bromage Building Society's demise.

StevieJ

1984ReturnsForReal wrote: »

1) When I listen to the news on TV I rarely believe it & always check out other sources involving a few hours research in order to gain a proper insight. That way I am hardly ever wrong.

2) I work for myself so if I want to skive I will.

3) I have only been on here a couple of times to sl*g a couple of idiots off because they are...... quite simply idiots.


NEXT!

I am glad you understood his/her post

Generali

Friday was a 'triple witching day' (aka Freaky Friday) in the markets. It's the day when index and individual stock options and futures expire as do some swaps. The following Monday there is inevitably some volitility as traders open new positions and the banks then look to hedge against those new positions.

'Triple witching' occurs on the 3rd Friday of March, June, September and December and generally it's a good idea to avoid trading on those days as a small investor (that includes things large amounts of FX - don't convert your life savings into Mexican Pesos to start your new life as a Giggolo/beach bum for example).

purch

The following Monday there is inevitably some volitility as traders open new positions and the banks then look to hedge against those new positions.

....and some of the positions created by the exercised Options are unwound.