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Market Dip - 27 Feb
DontDoDebtKids
Posts: 911 Forumite
Oooooh! FTSE100 down 2% today and dropping...
Not sure what's going on here but apparently it's been caused by a 9% drop in the Chinese market.
Time to buy? Wonder what bargains there are? Or will it be boring and level out?
DDDK
Not sure what's going on here but apparently it's been caused by a 9% drop in the Chinese market.
Time to buy? Wonder what bargains there are? Or will it be boring and level out?
DDDK
LBM: Nov 2004 Debt Apr06: £19,273.46 (Highest)
Debt 2006: Jul:£18,552.06|Aug:£17,615.14|Sep:£16,297.98|Oct:£15,961|Nov:£15,760.66|Dec:£13,204.37
Debt 2007: Jan:£13,183.71|Feb:£13,851.03|Mar:£13,349.15|April:£12,997.33 | May: £12,300.00 | June: £12,000 | July: £9,894.44 |Aug:£0
Debt Free Date: 31 August 2007
The £2 Coin Savers Club = £72
Reclaiming my bank charges - £105 reclaimed
My Diary: http://forums.moneysavingexpert.com/showthread.html?t=230561
Debt 2006: Jul:£18,552.06|Aug:£17,615.14|Sep:£16,297.98|Oct:£15,961|Nov:£15,760.66|Dec:£13,204.37
Debt 2007: Jan:£13,183.71|Feb:£13,851.03|Mar:£13,349.15|April:£12,997.33 | May: £12,300.00 | June: £12,000 | July: £9,894.44 |Aug:£0
Debt Free Date: 31 August 2007
The £2 Coin Savers Club = £72
Reclaiming my bank charges - £105 reclaimed
My Diary: http://forums.moneysavingexpert.com/showthread.html?t=230561
0
Comments
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what would you buy if you were going to? Which companies are diping, and why has teh chinese market dipped?
cheers (just curious)0 -
Continuing to drop is another option, of course...why has teh chinese market dipped?
Have a look here.0 -
Yes. I'm stuck between thinking there may be a little more to come (these things dont usually come over just one day) and thinking its time to put a bit more back in.
In context, the drop although it appears large, is only taking us a back a few months at this stage.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
I wouldn`t be looking at buying for another 2-3 months now at least. The market has turned bearish and governments have been money-tightening.
I sold the majority of my shareholdings yesterday morning.0 -
kittie wrote:I sold the majority of my shareholdings yesterday morning.
That was excellent timing,do you have a crystal ball or just a premonition?
No,I bet you just"read" the market and decided it has risen too much and was due for a correction.
But why yesterday and not today?0 -
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How did you get access to my account? ;-)0
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Brilliant EdInvestor!! I tried to play on the bullbearings site and it described me EXACTLY!! (Good job I don;t do it for real).
What's happening with the markets today, still falling?
PS, what's a 'bear' market?0
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