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FTSE100 falling fast!

145791028

Comments

  • Feel for them, as they are out now and only way to get back in would be to buy at approx 30p more per share. But then thats the gamble with stop losses.

    A classic bear trap, anyone who went short is in the money today...just not those guys.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Not looking good for tommorow.

    DOW down 3% now too.
  • Mexas
    Mexas Posts: 152 Forumite
    Black Friday....
  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    Mexas wrote: »
    Black Friday....

    And why not!!? We've already got a Black Monday and a Black Wednesday. Get a Black Friday and the other two remaining weekdays and then we're flushed...;)
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



  • edinburgher
    edinburgher Posts: 14,016 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Cashed out about £3k from investments last month (packing our cash ISAs before possible property purchase in the new year) - feeling very glad I did!

    Now my only concern is that the £500 of random spare money I have sitting in my linked savings account is starting to squeak 'buy' in the background :D
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    'It's an ill wind that blows nobody any good'

    Gold and Silver taking a beating as well :eek:

    http://uk.finance.yahoo.com/news/Gold-slumps-record-traders-reuters_molt-1917541808.html?x=0
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Not looking good for tommorow.

    DOW down 3% now too.

    Why? I think the Dow is following at the moment, it seems it's a European situation, anything could happen tomorrow.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • heathcote123
    heathcote123 Posts: 1,133 Forumite
    I chucked in a couple more k in my ftse fund last night, as I thought I'd try buying on a dip rather than on the up.

    !!!!!!. Oh well, at least I didn't chuck it all in at 6000...

    Rebound tommoro pls...
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Was just reading posts from some of the people who found their stop losses taking over.

    They are obviously pretty annoyed, as it dropped over 30p for just half an hour, then rebounded so quickly, and the trades don't add up.

    Feel for them, as they are out now and only way to get back in would be to buy at approx 30p more per share. But then thats the gamble with stop losses.

    Something seriously fishy going on though. That was tantamount to theft.

    Nothing fishy. All the idiots who invest heavily in these type of shares through CFDs. When they tell you their "stop losses" have been taken out, what they mean is that their broker closed their CFD position cos they couldn't meet the margin call. Because the market is illiquid there is no one to sell to so the price goes down the toilet. Then someone buys a few shares because the price has gone so low and the price rallies quickly on low volume.

    I've got about 1% of everything I have in one of these silly AIM shares just for a laugh, you've got to be prepared to lose the lot.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Nothing fishy. All the idiots who invest heavily in these type of shares through CFDs. When they tell you their "stop losses" have been taken out, what they mean is that their broker closed their CFD position cos they couldn't meet the margin call. Because the market is illiquid there is no one to sell to so the price goes down the toilet. Then someone buys a few shares because the price has gone so low and the price rallies quickly on low volume.

    Makes more sense. Thanks for taking the time to explain that.
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