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The Stock Market Takes Another Dive - Steer Clear ?
Comments
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Gold is not money
At present FTSE is neither in line with the fall from 2007 nor the recovery from 2009. Its merely sideways, I dont count it as a bull market
Euro bounced from a good low today and I expect us to close positive this week but Im told EURO is to make a new low and oil could be mid 70. Without special measures from ECB or FED I guess its probable0 -
As far as I can see the market has turned down in reaction to lower growth forecasts and ongoing Euro problems...well thats the obvious..
Commentators always try to offer a reason for a fall... basically nobody knows apart from profit taking...we've had a good run since last Autumn...around 20% at one point..
Maybe we are near another short term rally...the lower indicators are showing this on the charts...thats if you follow them...
World leaders will announce some kind of stimulus shortly...this will probably kick start another leg up..as it has done in the last 3 years..
http://www.iii.co.uk/investment/detail?type=chart&display=chart&code=cotn%3AUKX.L&it=li&timeframe=1y&index=&versus=&linetype=line&overlay=SMA_50&overlay2=SMA_20&overlay3=&overlay4=&indicator=slowstoch&indicator2=RSI&indicator3=&indicator4=&chartwidth=500&buylines=on&triggers=on&Go=Plot0 -
MrInvestor wrote: »Gold has been the world's true currency for over 5000.
Out of interest, how many gold ramping messages have you posted today?
At what point do you think that you might be getting into spamming territory?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.0 -
I never realized just how precise Bernanke's beard is. Very nice.“I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse0
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Its what got him the job. Not just any old hobo off the street can do that kind of work, it takes dedication0
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MrInvestor wrote: »Yawn!!!!!!!!
Yes, that's pretty much the reaction of everyone here when they read you posting pretty much the same thing, over and over again, in thread after thread after thread.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.0 -
MrInvestor wrote: »There is no need to be rude about it.
If you think that was rude then you've clearly lead a sheltered life.I occasionally like to share my own.
People can see your postings by clicking on your name. After seeing the view that you've been firing all over the place, they can decide for themselves whether the word "occasionally" applies.go and enjoy the sunshine.
As it happens, I'm about to hop on my bike to cycle home, and I might even stop off for a brew, so I'm chilled about pretty much everything. One exception is PM ramping, so you might want to cut that out.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.0 -
Just picked this chart up from another poster...it shows the Rate of Change...not that I use it as an indicator ...but theres some interesting triggers on it over the last 15 years..
http://uk.advfn.com/p.php?pid=chartscreenshotshow&u=6avlpJsqT83ziO5MuYd4xyQKJblxFRUIT5IRdhnN9vo%3D&symbol=FT%5EUKX0 -
MrInvestor wrote: »There is no need to be rude about it. This is a forum for discussing investments. I happen to like reading the range of different people's views and I occasionally like to share my own. If everybody thought the same thing, the world would be a pretty boring place.
Now stop being such a sour grape and go and enjoy the sunshine.
there is every reason for us to be rude about it, as your constant ramping even irritates me and I hold gold. You never have anything else to add to any discussion.0 -
MrInvestor wrote: »That could be considered slightly hypocritical from someone with over 3500 posts!
I suspect you don't know what "hypocritical" means.Why are you looking through my posts if they irritate you so much?!
They don't irritate me, more worry me. By looking through your posts I can see where you've been and ensure that novice investors aren't lead astray. I can also see what percentage of your posts aren't ramping gold to get an idea of balance. I think your history speaks for itself.
I have nothing against your posts that don't ramp gold. If you concentrate on these, and cease ramping gold, then I'm sure we'll get on just fine.If you don't like my posts, don't read them.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.0
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