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MSE News: Respite as FTSE rises slightly

This is the discussion thread for the following MSE News Story:

"Shell-shocked investors were given some relief today after the City's worst trading session in nearly three years ..."
Read the full story:
Respite as FTSE rises slightly


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Comments

  • le_loup
    le_loup Posts: 4,047 Forumite
    ............. Oh yes?
  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    It was shortlived - it's now down 0.5% since this morning.
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • Reaper
    Reaper Posts: 7,340 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    And still falling. Slightly strange to have an article based on a few hours trading when there have not been any others until now about the market turmoil. Maybe it's a new thing.
  • foofi22
    foofi22 Posts: 2,207 Forumite
    Part of the Furniture 1,000 Posts
    NEWS: Stock markets go down as well as up.
    OTHER NEWS: House prices are different from the last time
  • globalds
    globalds Posts: 9,431 Forumite
    So we are going to get more [STRIKE]money printing[/STRIKE] Quantitative easing.
  • cepheus
    cepheus Posts: 20,053 Forumite
    I don't think its a good idea to make statements about short term market movements.
  • poppy10_2
    poppy10_2 Posts: 6,583 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 23 September 2011 at 12:14PM
    Silly article, was already out of date by the time it was published. FTSE now down 1.9% so far today. Why publish an article based on the first hour's movement of a single day's trading?
    poppy10
  • The shorters must be having a ball.
  • poppy10 wrote: »
    Silly article, was already out of date by the time it was published. FTSE now down 1.9% so far today. Why publish an article based on the first hour's movement of a single day's trading?

    To be fair to the team, many outlets reported on the early rise in the morning because of the positive news from G20. This spiked markets this morning, but fears prevailed.

    It will remain bumpy for quite a while yet... and I think we all know this deep down :).
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    These panic dips on even the slightest bit of bad news had been great for those looking to buy shares in solid companies at bargain-basement prices. However, some shares on my watch list, such as National Grid, have barely twitched, which is most annoying. Can we have a dip down to FTSE100=3500 some time next week?
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
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