Sunday, Oct 21, 2007
This won't help!
BBC News: Big share falls feared on Monday
There are fears of sharp falls on European stock markets on Monday after Friday's hefty falls on Wall Street.
Posted by garyb @ 04:02 PM (354 views) Add Comment
3 Comments
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1. alan said...
This website said we should expect a big drop when the Dow Jones hit a peak a couple of weeks ago. I've shifted the units in my stakeholder pension into cash for a few weeks.
Anyone think the market will have a last bull run?
2. sirgoogle said...
Nope this is bull
This is just the media trying to "make the news happen". Just because it ifs the anniversary of the big crash does not mean it will happen exactly on the day.
Sure it will come but in its own sweet time. If we knew when it would come we would all manage it and there would not be a crash . eh!
3. Lierbag said...
Sunday: 'Nope this is bull . . . This is just the media trying to "make the news happen". Just because it ifs the anniversary of the big crash does not mean it will happen exactly on the day.'
What a difference a day makes . . .
Monday (Guardian) : 'Share prices tumbled this morning in London in an eerie echo of the Black Monday crash of October 1987, as traders reacted to last Friday's shock plunge on Wall Street.
After falling 114 points in early trading, the FTSE 100 index was down by 85.3 points at 9am, a fall of 1.3%. Traders said the fall indicated that there are still concerns over the health of the world economy.
British Energy was the biggest loser, dropping 8.4% after it warned that the reopening of two nuclear power plans had been delayed. Mining stocks were badly hit, with Antofagasta down 5.19%, and Rio Tinto and Xstrata both losing 3.9%.'