Absolute Carnage on the FT-SE 100 expected later today.

StevieJ

Oh yes and Chester races today as well.

Saturday Sunny
Max Temperature: 24°C 75°F
Min Temperature: 13°C 55°F
Sunday Sunny
Max Temperature: 26°C 79°F
Min Temperature: 14°C 57°F
Monday Sunny Intervals
Max Temperature: 27°C 81°F
Min Temperature: 10°C

Generali

A friend and I this afternoon:

Jonbvn

Cleaver wrote: »

The weather is stunning here in the UK Generali and I'm about to get going in the garden before watching the play-off final at 3pm. Tell me it's a bit rainy and grey in Aus, which would make the rare sunshine here even more enjoyable.

Enjoy it while you can, since you know that in the long term Oz will always kick out *sses wrt to the weather. A bit like England winning the 20/20 WC IYKWIM.;)

Doctor_Gloom

Almost 15% is knocked off the index in only a few weeks with much more to come. Just wait for the Euro to collapse, that's when things will get really grim. lol

Generali

Jonbvn wrote: »

Enjoy it while you can, since you know that in the long term Oz will always kick out *sses wrt to the weather. A bit like England winning the 20/20 WC IYKWIM.;)

England? I thought that was the South African 2nd XI!

When it's 43C in the summer and bushfires are sweeping across the country I get quite jealous when I see it's 5C in the UK.

You can keep the getting dark at 3pm though. I don't miss that at all.

sabretoothtigger

Jonbvn wrote: »

Today's FTSE graph looks like some adrenalin junkies worst nightmare.

http://www.h-l.co.uk/ajax/market-graphs?index=UKX&timeperiod=1_day&width=480&height=371

I would say it was really well behaved. Its bouncing off various levels that are known long term for being points with alot of sellers and buyers.


Go back to 2009 6th Nov and 26th Nov and 5080 was an important number on those days.

dunstonh wrote: »

This just goes to show why you should never try and second guess the markets. You just end up looking silly as you cannot predict the unpredictable.

It can be predicted but only with probabilities. Any time it feels absolutely certain to fall is probably time to do the opposite




The clue for friday was in currency. Currency and bonds markets are the money flow which largely drives the up and down of various asset prices.

The really incredibly rich people and countries will all buy or sell these first before anything else. They are moving like hundreds of billions with most shares are just billions big

I dont know much about either and some of it is politics but if you check on Thursday the euro was gaining investment vs the dollar.

This flow of money eventually reflected in the share prices, the price shown really reflects what happened the previous day in more important places of the economy

RDB

Audio from the 1000 point crash a few weeks ago

http://www.youtube.com/user/streetmoney21#p/f/5/rM7SK3czKTk

What is the truth about what caused this? Fat finger typed billions not trillions? If you believe that then you must believe it could happen again.