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FTSE down over 4%

24567…10

Comments

  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    The thing is that everything governments and central banks try now is futile.

    They are all temporary measures trying to hold off the inevitable slide back into recession.

    Global consumer confidence is just not there. Very few people believe that the developed countries are going to find a way out of this. People are just battening down the hatches again.
    Why are we here?......................because we are not all there.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    Is it bellow 1.54? it was in Dec 2010.

    Not sure what your point is.

    It's 1.543 at the moment. What has Dec 2010 got to do with anything?
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    Not sure what your point is.

    It's 1.543 at the moment. What has Dec 2010 got to do with anything?

    It's the 12 month low?
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Old_Slaphead wrote: »
    Wrong reason - it was because I decided to invest my SIPP cash yesterday.

    For a small fee I'm happy to stay in cash. Every time I buy the market plunges - sorry!

    I'm afraid for the same reason it is going to fall even more because I have just (5 mins ago) topped up my non isa ftse tracker
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    It's the 12 month low?

    I think you missed this part of what I stated...
    Seems the pound is just about to hit

    Never said it was lower, hence me not understanding your point of asking me if it was lower.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Couldn't resist a look in.

    I had a little bet with myself that there would be a thread titled something like "stock market crash" etc. and the author would be Graham. I attribute this to GD being entirely predictable rather than being able to see into the future.

    Expect further falls as per Old Slaphead and Chuck - I've invested accumulated SIPP dividends today.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    wotsthat wrote: »
    Couldn't resist a look in.

    I had a little bet with myself that there would be a thread titled something like "stock market crash" etc. and the author would be Graham. I attribute this to GD being entirely predictable rather than being able to see into the future.

    Expect further falls as per Old Slaphead and Chuck - I've invested accumulated SIPP dividends today.

    Whats with the bitterness?

    I posted an event that happened today - pretty big one considering. I know you would rather ignore the event, but this board is about the economy.

    Near 5% down now.

    If you would like to just read optimism, theres some sand left on the III boards which I'm sure others would be delighted for you to join them and bury your head too.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Graham_Devon wrote: »
    Whats with the bitterness?

    I'm not bitter. I'm delighted that my GD forecasting skills are still in tip top condition.

    That and I've bought a chunk of shares 4% cheaper than I could have done yesterday.
  • geneer
    geneer Posts: 4,220 Forumite
    Pimperne1 wrote: »
    In "real" terms, compared to FTSE, my houses have gone up a considerable amount today already.

    Don't you mean "flats"
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    wotsthat wrote: »
    That and I've bought a chunk of shares 4% cheaper than I could have done yesterday.

    Which may well be worth 5% less by tomorrow. :(
    Why are we here?......................because we are not all there.
This discussion has been closed.
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