buytoilet Posted October 4, 2011 Author Share Posted October 4, 2011 and back under 5000 it goes And no mention of Avatars, dam see what I did there. anyone know when the next ressitance level kicks in and why Quote Link to comment Share on other sites More sharing options...
fluffy666 Posted October 4, 2011 Share Posted October 4, 2011 And no mention of Avatars, dam see what I did there. anyone know when the next ressitance level kicks in and why 0 Apart from banking stocks, obviously. Quote Link to comment Share on other sites More sharing options...
GloomMonger Posted October 4, 2011 Share Posted October 4, 2011 Dexia is down over 30%! I love the smell of a bailout in the morning! Quote Link to comment Share on other sites More sharing options...
Mr 0.01% Posted October 4, 2011 Share Posted October 4, 2011 and back under 5000 it goes I wonder if it'll stay there? There seems to be some sort of psychological support level around 5000, ftse seems really reluctant to break through 5000 and get a foothold there. Even the Dow seems resigned to settling down under 11000 but the ftse seems resilient. Quote Link to comment Share on other sites More sharing options...
FIGGY Posted October 4, 2011 Share Posted October 4, 2011 4940 now so who knows Quote Link to comment Share on other sites More sharing options...
Daft Boy Posted October 4, 2011 Share Posted October 4, 2011 4940 now so who knows Killer Bunny knows (4500 within the next ten days) Quote Link to comment Share on other sites More sharing options...
ticket2ride Posted October 4, 2011 Share Posted October 4, 2011 Quote Link to comment Share on other sites More sharing options...
shark99 Posted October 4, 2011 Share Posted October 4, 2011 Volatile is BAD, Volatile=unpredictable. If the stock went down 10% (D10), and you bought it the next day, and then it went up 10% (UP10), you'd be well pleased. Small nitpick - if something goes down 10%, then up 10% then you've lost money! e.g. start at 100, down 10% (of 100) is 100 - 10 = 90, up 10% (of 90) is 90 + 9 = 99. Quote Link to comment Share on other sites More sharing options...
okaycuckoo Posted October 4, 2011 Share Posted October 4, 2011 More worried about the S&P500 as far as the ftse is concerned personally. And that is down again today. I dont really understand why though, its not like this news out of greece is even relevant. Greece is gone basically so who cares about their deficit targets. A greece default is already priced in. Why do you assume default is priced in? Maybe the full bailout is priced in. Impossible to know, surely? Quote Link to comment Share on other sites More sharing options...
MrFlibble Posted October 4, 2011 Share Posted October 4, 2011 4940 now so who knows Hope people have stocked up on spare shirts Quote Link to comment Share on other sites More sharing options...
exiges Posted October 4, 2011 Share Posted October 4, 2011 RBS down 11% today.. Quote Link to comment Share on other sites More sharing options...
papag Posted October 4, 2011 Share Posted October 4, 2011 Got a friend who has just yesterday received his Halifax isa statement he rang me to ask how this could have lost so much he didn't believe me when i explained the situation to him and also their charges ,he marched up to the branch to complain to be told no one is available to see him . Wonder how many other people like him in the UK are still blind to see they are losing lots of money as they assumed that buying a product through a UK bank with a isa (government tag) FTSE trackers were 100% safe , the mind boggles. Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted October 4, 2011 Share Posted October 4, 2011 RBS down 11% today.. Noticed that - they are almost down to their all time lows. How many millions / billions have they dished out in bonuses since its collapse? Quote Link to comment Share on other sites More sharing options...
MrFlibble Posted October 4, 2011 Share Posted October 4, 2011 Some bleak comments from Karl Denninger:- Welcome To Credit Collapse 2011 Seems to be indicating it's 2009 again but way way worse this time around. Quote Link to comment Share on other sites More sharing options...
CleverBear Posted October 4, 2011 Share Posted October 4, 2011 Why do you assume default is priced in? Maybe the full bailout is priced in. Impossible to know, surely? True, but we just have to assume/guess. Put it this way. IF greece defaults orderly then I think the FTSE would go up not down. imo of course. Quote Link to comment Share on other sites More sharing options...
sandster Posted October 4, 2011 Share Posted October 4, 2011 Some bleak comments from Karl Denninger:- Welcome To Credit Collapse 2011 Seems to be indicating it's 2009 again but way way worse this time around. It was widely stated that the actions of 2009 would only delay things. Looks like it's coming true. Quote Link to comment Share on other sites More sharing options...
fluffy666 Posted October 4, 2011 Share Posted October 4, 2011 RBS down 11% today.. Is that news? Quote Link to comment Share on other sites More sharing options...
rantnrave Posted October 4, 2011 Share Posted October 4, 2011 Is that news? At the moment news re Greece and the stockmarket is considered the 6th most important on the BBC News website.... Quote Link to comment Share on other sites More sharing options...
CleverBear Posted October 4, 2011 Share Posted October 4, 2011 (edited) I would buy into a ftse tracker now and sell at the end of friday. Reasons = alot of big data out at the end of this week and data has beat sentiment alot recently so could be good news. I could be wrong and ftse could crash 60% and I lose all my money though Edited October 4, 2011 by CleverBear Quote Link to comment Share on other sites More sharing options...
hedgefunded Posted October 4, 2011 Share Posted October 4, 2011 At the moment news re Greece and the stockmarket is considered the 6th most important on the BBC News website.... X-Factor Strictly Amanda Knox .... Nope, can't think of 4 and 5 Quote Link to comment Share on other sites More sharing options...
nmarks Posted October 4, 2011 Share Posted October 4, 2011 Hope people have stocked up on spare shirts . . . and trousers. Quote Link to comment Share on other sites More sharing options...
nmarks Posted October 4, 2011 Share Posted October 4, 2011 X-Factor Strictly Amanda Knox .... Nope, can't think of 4 and 5 Michael Jackson Trial Rihanna's apodysophilia All the important things... Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted October 4, 2011 Share Posted October 4, 2011 X-Factor Strictly Amanda Knox .... Nope, can't think of 4 and 5 The BBC news has for a long time resembled a children's Newsround. I tend to prefer RT. Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted October 4, 2011 Share Posted October 4, 2011 (edited) I would buy into a ftse tracker now and sell at the end of friday. Reasons = alot of big data out at the end of this week and data has beat sentiment alot recently so could be good news. I could be wrong and ftse could crash 60% and I lose all my money though You would surely have to make quite a bit with a buy/sell spread being against you on two deals, assuming there is a spread? I was thinking of getting one myself through RBS, which has no commission, but again I would assume there is a spread. I would imagine there is a delay on execution of at least 24 hours using a high street bank, but I assume you deal direct with a broker? Edit. In August I put 80K on notice from the Nottingham BS. Today is my last chance to get it out penalty free and a tracker looks tempting with p/e at 8. I think the market will fall to 4500 at some point, but today's price will be revisited very quickly IMO. Edited October 4, 2011 by crashmonitor Quote Link to comment Share on other sites More sharing options...
CleverBear Posted October 4, 2011 Share Posted October 4, 2011 You would surely have to make quite a bit with a buy/sell spread being against you on two deals, assuming there is a spread? I was thinking of getting one myself through RBS, which has no commision, but again I would assume there is a spread. I would imagine there is a delay on execution of at least 24 hours using a high street bank, but I assume you deal direct with a broker? Very little spread on some of the etfs tracking it. Can do it via broker, no stamp duty. Its bought that moment. Then can sell instantly too. Perfect Quote Link to comment Share on other sites More sharing options...
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