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Stock Markets Bombing!
Comments
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How's this likely to affect the strength of the pound against the Euro?0
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A friend of a friend is a trader and I once asked him this question.
Technically a fall of 2% in one day is a crash because at that point all the various computer safety nets start kicking in.
2% doesn't sound much, but in 24hrs it one hell of a lot of money.
What's 4.1% then? :eek:"Mrs. Pench, you've won the car contest, would you like a triumph spitfire or 3000 in cash?" He smiled.
Mrs. Pench took the money. "What will you do with it all? Not that it's any of my business," he giggled.
"I think I'll become an alcoholic," said Betty.0 -
Guy_Montag wrote: »What's 4.1% then? :eek:
In the words of Zap Branigan, 1 beep for yes 2 beep for no
How do you plead
Beep Beep.
Are, Double yes. Most be a double crash!0 -
QuiteThe only jitter here is when do I jump in and start buying?
It's like the January (or post-Thanksgiving) sales: Will the best bargains come early or late?
Decisions, decisions.
Ray, USA
**message is too short filler**David James aint got nothing on me0 -
Guy_Montag wrote: »What's 4.1% then? :eek:
Not quite time to start jumping out the window, but getting close.
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What I don't fully comprehend is why other industries are falling in sympathy.
Ok, I get it that banks prices are dropping, there's the direct obvious connection. But Mining and Oil stocks? Why's that, is it because they are financed by the banks that are dropping therefore they won't be leant as much money etc etc...?0 -
my only 'pension' is in a globally spread unit trust. Am I destitute then?
I can't get today's value until tomorrow am when they update the website. I don't think I can afford the drink I need.0 -
I was thinking more the Wall Street crash in the 20's where it was well documented a few people took a dive.
I didn't realise that happened when the dot.com boom collapsed.0 -
FTSE closed down 250 points
Dow down about 320 at present0
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