Economy crash =/= stock market crash?

coastline

coastline said:

coastline said:

Sell the FTSE 100 at 7040 . Right or wrong there's plenty more to go at.

Just a little update not that anybody will be really bothered . Never mind I was asked so I'll highlight my system. Looking at the link which is not the best package the Slow Stochastic curled upwards as I explained around 6850-6900 to buy. Today we sit on the top of overbought region at 7110. Sell at 7110. Not perfect and could still go higher but 7040 down to 6900 and up again to 7110 is around 350 points.

FTSE 100 Index, UK:UKX Advanced Chart - (FTSE UK) UK:UKX, FTSE 100 Index Stock Price - BigCharts.com (marketwatch.com)

You could set the same on here if anybody is interested. Good luck everyone whatever your allocations are.

ISF.L | SharpChart | StockCharts.com

DATE       BUY/SELL   FTSE   POINTS

JULY 15      SELL        7040         0
JULY 20      BUY         6900         140
AUG  5        SELL        7110         350

Buy FTSE 6830 as the system goes.

DATE       BUY/SELL   FTSE   POINTS

JULY 15      SELL        7040         0
JULY 20      BUY         6900         140
AUG  5        SELL        7110         350
SEPT 20      BUY         6830         630

Eco_Miser

wmb194 said:

In the stagecoach era turnpikes (toll roads) were very common. They disappeared with the rise of the railway and general taxation took over to pay for their maintenance.

Actually, it was the coming of internal combustion vehicles, particularly lorries, that prompted the buying out of toll roads and their maintenance at public expense, in the early 20th century.

Thrugelmir

tebbins said:

sevenhills said:

tebbins said:

If governments are terrible at running businesses, why are European state owned public transport systems cheaper and better than UK franchises?

Germany and France subsidy to their rail networks is 3x ours.

In return for cheaper, better service.

In Germany many people use coaches for city to city travel as far cheaper than rail. 

[Deleted User]

tebbins said:

sevenhills said:

tebbins said:

If governments are terrible at running businesses, why are European state owned public transport systems cheaper and better than UK franchises?

Germany and France subsidy to their rail networks is 3x ours.

In return for cheaper, better service.

You want to try the Swiss trains, run as a private company, but publicly owned and all profits go back in mostly. One of the greatest railways in the world. I dream of riding it again. 

IanManc

Eco_Miser said:

wmb194 said:

In the stagecoach era turnpikes (toll roads) were very common. They disappeared with the rise of the railway and general taxation took over to pay for their maintenance.

Actually, it was the coming of internal combustion vehicles, particularly lorries, that prompted the buying out of toll roads and their maintenance at public expense, in the early 20th century.

The income from tolls on toll roads collapsed due to the arrival of the railways, so @wmb194 is correct. Most became uneconomic and reverted to local authorities from around 1870, rather than being bought out, and when county councils were formed in the late 1880s they were given the statutory responsibility for maintain major roads.

The last of the trusts running turnpikes was ended in 1895, long before internal combustion vehicles became really commonplace on roads, and when the vast bulk of goods traffic was still on the railways.

Eco_Miser

So the four tollbooths in three miles of road local to me still operating in the 1910s must have been something else then.

Thrugelmir

IanManc said:

Eco_Miser said:

wmb194 said:

In the stagecoach era turnpikes (toll roads) were very common. They disappeared with the rise of the railway and general taxation took over to pay for their maintenance.

Actually, it was the coming of internal combustion vehicles, particularly lorries, that prompted the buying out of toll roads and their maintenance at public expense, in the early 20th century.

The income from tolls on toll roads collapsed due to the arrival of the railways, so @wmb194 is correct. Most became uneconomic and reverted to local authorities from around 1870, rather than being bought out, and when county councils were formed in the late 1880s they were given the statutory responsibility for maintain major roads.

The last of the trusts running turnpikes was ended in 1895, long before internal combustion vehicles became really commonplace on roads, and when the vast bulk of goods traffic was still on the railways.

Easy to overlook canals as well. Lack of maintenance during the war was ultimately their downfall for commercial traffic. 

moneyfoolish

[Deleted User] said:

tebbins said:

sevenhills said:

tebbins said:

If governments are terrible at running businesses, why are European state owned public transport systems cheaper and better than UK franchises?

Germany and France subsidy to their rail networks is 3x ours.

In return for cheaper, better service.

You want to try the Swiss trains, run as a private company, but publicly owned and all profits go back in mostly. One of the greatest railways in the world. I dream of riding it again. 

Couldn't agree more. One of our daughters lives in Switzerland so we have visited a few times and have been amazed at the railway system. Trains are modern, spotless, relatively inexpensive and run almost to the second. They make our system look prehistoric!

sevenhills

A small bounce back today, after yesterday's minor blip. Investors could have taken the hint for a major crash yesterday, but no, a bounce-back today.

Maybe a crash is not coming in the short term?

Linton

sevenhills said:

A small bounce back today, after yesterday's minor blip. Investors could have taken the hint for a major crash yesterday, but no, a bounce-back today.

Maybe a crash is not coming in the short term?

But if a major crash does occur is it a serious problem for you?  If not why spend time worrying about it? If it is a serious problem that could indiciate that you are invested imprudently or beyond your risk tolerance - major crashes could occur at any time.