stockmarkets -are we nearing the bottom or is there further to go ??

BananaRepublic

N1AK wrote: »

Yes; it ignores it because it has no relevance to trading shares.

The value/price of a share has no relevance to trading shares? I beg to disagree.

bowlhead99

BananaRepublic wrote: »

The value/price of a share has no relevance to trading shares? I beg to disagree.

See post #307 for context

Glen_Clark

N1AK wrote: »

Unlike you who we can judge the level of ignorance by what you post instead of the name; in this case the obviously and entirely false claim that the death penalty still exists in the UK. It was false a decade ago, and is still false, so it's impressive you can be so poorly informed.

Fair Comment, I'm out of date and didn't know the death penalty for sh*gging Princess Anne was repealed in 1998. But that still doesn't make us a Republic does it?

Glen_Clark

bowlhead99 wrote: »

Should we say your username illustrates a lack of understanding of normal civilised society because clearly you have taken Glen from Florida death row inmate Glen "the Casanova Killer" Rogers, and Clark from Clark Kent, a mild mannered journalist made impervious to bullets by the power of Earth's yellow sun?

No because I didn't choose it. Its the name my parents gave me and I am not about to do an Osborne and change it.

bowlhead99

Glen_Clark wrote: »

But that still doesn't make us a Republic does it?

[Donotfeedthetrollsdonotfeedthetrollsdonotfeedthetrolls]

...[dammit]

No Glen. Is someone other than yourself saying that we are a republic?

Do let us know who is saying that and why, if you are satisfied that the rumour that we're a republic is false, you are so agitated by it.

2010

Now boys back to the thread topic.

The European Central Bank has cut its main interest rate to 0% from 0.05% as part of a package of measures intended to revive the eurozone economy.

Desperation or what?

I would say we are still on a downwards trend and the bottom is not in site.

bowlhead99

Switzerland, Sweden and Japan are other places which have had negative rates for a little while. Still, if they keep at it and our rates tick up (eventually), your holiday spending money will go further...

Every cloud, etc!

coastline

kittie wrote: »

I admit I do like and use charts. Looking at ukx, the monthly chart ie monthly bars on the graph has indicators that have gone into negative territory so I would be foolish to buy at this stage. The weekly chart is negative and the daily chart is positive but an indicator called stochastics is overbought with signs that it will soon go negative. 5600 is not out of the question and at that point the risk/reward ratio will be better from a buying point of view, at least for me.

Stochastics have been useful lately on the daily time frame and look to be curling over..
Hope the link works..

https://uk.finance.yahoo.com/q/ta?s=%5EFTSE&t=1y&l=on&z=l&q=l&p=&a=ss&c=

talexuser

Japan has issued 10 year bonds at negative interest rates, so you are paying them extra money to give you your money back in 10 years time? Central banks now the equivalent of a safety deposit box?

bigadaj

coastline wrote: »

Stochastics have been useful lately on the daily time frame and look to be curling over..
Hope the link works..

https://uk.finance.yahoo.com/q/ta?s=%5EFTSE&t=1y&l=on&z=l&q=l&p=&a=ss&c=

What do you think stochastic means or indicates?