renterbob Posted March 30, 2009 Share Posted March 30, 2009 Sell, sell, sell. http://www.igindex.co.uk/ If in doubt, sell. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted March 30, 2009 Share Posted March 30, 2009 Down below 7,000 by end of first week of April. It is going to be Black April. I know, I read it on a thread here. Quote Link to comment Share on other sites More sharing options...
slurms mackenzie Posted March 30, 2009 Share Posted March 30, 2009 Sell, sell, sell.http://www.igindex.co.uk/ If in doubt, sell. Bob they're not futures. Thats an index thats supposed to represent the DOW as it currently is. Bloomberg has futures down 350 at 7413, so futures are cheaper than current prices i'm sure there'll be a technical term for this which one of the whizz kids could enlighten us to. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted March 30, 2009 Share Posted March 30, 2009 Bob they're not futures.Thats an index thats supposed to represent the DOW as it currently is. Bloomberg has futures down 350 at 7413, so futures are cheaper than current prices i'm sure there'll be a technical term for this which one of the whizz kids could enlighten us to. That web page is pretty with all those flashing colours. Quote Link to comment Share on other sites More sharing options...
renterbob Posted March 30, 2009 Author Share Posted March 30, 2009 Bob they're not futures.Thats an index thats supposed to represent the DOW as it currently is. Bloomberg has futures down 350 at 7413, so futures are cheaper than current prices i'm sure there'll be a technical term for this which one of the whizz kids could enlighten us to. My apologes Slurms, I was told by another bunch of HPCers they were. I stand corrected, sir. Whatever they are we haven't seen these falls for a while. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted March 30, 2009 Share Posted March 30, 2009 Panicing now - down 329 points. No, down 334. Quote Link to comment Share on other sites More sharing options...
renterbob Posted March 30, 2009 Author Share Posted March 30, 2009 Panicing now - down 329 points. No, down 334. They'll be dancing on the FTSE tomorrow, and it isn't Friday. Quote Link to comment Share on other sites More sharing options...
D.C. Posted March 30, 2009 Share Posted March 30, 2009 I hope this is just jitters over GM. Any other reasons? Quote Link to comment Share on other sites More sharing options...
slurms mackenzie Posted March 30, 2009 Share Posted March 30, 2009 (edited) That web page is pretty with all those flashing colours. Yip she sure is, remind me again is red good? My apologes Slurms, I was told by another bunch of HPCers they were.I stand corrected, sir. Whatever they are we haven't seen these falls for a while. Ah it's no biggy (the mistake i mean), what you'll see is above the DOW, is a FTSE index this is used to measure what people think the markets would be if they were open now, so sometimes yes some posters will look at it at say seven in the morning and call it a futures index as its a good guide to how the markets will open in London. My understanding of a true futures index though is it's bets on the state of the market in 3 months time (although i could be wrong) Edited March 30, 2009 by slurms mackenzie Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted March 30, 2009 Share Posted March 30, 2009 I don't understand that page - it seemed to reset itself at zero at 8PM. Quote Link to comment Share on other sites More sharing options...
renterbob Posted March 30, 2009 Author Share Posted March 30, 2009 (edited) Yip she sure is, remind me again is red good?Ah it's no biggy (the mistake i mean), what you'll see is above the DOW, is a FTSE index this is used to measure what people think the markets would be if they were open now, so sometimes yes some posters will look at it at say seven in the morning and call it a futures index as its a good guide to how the markets will open in London. My understanding of a true futures index though is it's bets on the state of the market in 3 months time (although i could be wrong) I think the site has died, maybe it couldn't take the losses! EDIT: it's OK, but the FTSE should now dive. Edited March 30, 2009 by renterbob Quote Link to comment Share on other sites More sharing options...
starsky Posted March 30, 2009 Share Posted March 30, 2009 I heard a plague of locusts was heading towards Detroit. Any truth in this? Quote Link to comment Share on other sites More sharing options...
whyohwhy Posted March 30, 2009 Share Posted March 30, 2009 Yip she sure is, remind me again is red good?Ah it's no biggy (the mistake i mean), what you'll see is above the DOW, is a FTSE index this is used to measure what people think the markets would be if they were open now, so sometimes yes some posters will look at it at say seven in the morning and call it a futures index as its a good guide to how the markets will open in London. My understanding of a true futures index though is it's bets on the state of the market in 3 months time (although i could be wrong) You are correct. March, June, September, and December for the FTSE, Dow and S&P The difference in the price between the future and the spot underlying (what's quoted on the news) is the "cost of carry" related to interest rates. A very profitable day today Quote Link to comment Share on other sites More sharing options...
grumpy-old-man-returns Posted March 30, 2009 Share Posted March 30, 2009 muwahahahahahahahahahahahaahah 100% correct, guaranteed. Quote Link to comment Share on other sites More sharing options...
A.steve Posted March 30, 2009 Share Posted March 30, 2009 I heard a plague of locusts was heading towards Detroit. Any truth in this? Sounds plausible - given the daily change in the price of oil... According to Reuters: Oil 48.05 -8.18% 30 Mar 19:49 BST Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted March 30, 2009 Share Posted March 30, 2009 I hope this is just jitters over GM.Any other reasons? The entire world economy is screwed and uncle Sam can't fix it with printed money. Quote Link to comment Share on other sites More sharing options...
IBlewItLastTime Posted March 30, 2009 Share Posted March 30, 2009 Market thinks Obama and Geithner don't know what they doing. Crumbs. Quote Link to comment Share on other sites More sharing options...
SHERWICK Posted March 30, 2009 Share Posted March 30, 2009 Today's and Friday's falls on very low volumes for what it's worth.. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted March 30, 2009 Share Posted March 30, 2009 Today's and Friday's falls on very low volumes for what it's worth.. What does that mean? Quote Link to comment Share on other sites More sharing options...
PricedOutNative Posted March 30, 2009 Share Posted March 30, 2009 It means the number of shares traded was lower then normal today, that can distort the figures. What does that mean? Quote Link to comment Share on other sites More sharing options...
Socialhacker.co.uk Posted March 30, 2009 Share Posted March 30, 2009 Sell, sell, sell.http://www.igindex.co.uk/ If in doubt, sell. Why is it that Hong Kong, and the Hang Seng Index, are always ahead of the game? James Quote Link to comment Share on other sites More sharing options...
D.C. Posted March 30, 2009 Share Posted March 30, 2009 The entire world economy is screwed and uncle Sam can't fix it with printed money. Ah yes. Sorry, forgot about that.... Quote Link to comment Share on other sites More sharing options...
Wonga Posted March 30, 2009 Share Posted March 30, 2009 (edited) muwahahahahahahahahahahahaahah100% correct, guaranteed. Technically speaking, you've proved today in a number of threads that you have absolutely no idea what you're talking about. We all know the market is correcting. This is purely a reaction ot GM. Do you even know how many '-ve points' are required to qualify for a DOW "crash"? -254 points is not a crash! Here, have a read:- http://www.cnbc.com/id/29959783 Don't get me wrong, I want the DOW down asap for my own selfish reasons..... but please keep things in perspective dear, for those who don't know about these things. Edited March 30, 2009 by Wonga Quote Link to comment Share on other sites More sharing options...
Number79 Posted March 30, 2009 Share Posted March 30, 2009 Technically speaking, you've proved today in a number of threads that you have absolutely no idea what you're talking about. We all know the market is correcting. This is purely a reaction ot GM. Do you even know how many '-ve points' are required to qualify for a DOW "crash"?-254 points is not a crash! Here, have a read:- http://www.cnbc.com/id/29959783 Don't get me wrong, I want the DOW down asap for my own selfish reasons..... but please keep things in perspective dear, for those who don't know about these things. not a crash but a fair indication that fear is returning to the market, something may start doing pretty well again soon Quote Link to comment Share on other sites More sharing options...
stormymonday_2011 Posted March 30, 2009 Share Posted March 30, 2009 (edited) Technically speaking, you've proved today in a number of threads that you have absolutely no idea what you're talking about. We all know the market is correcting. This is purely a reaction ot GM. Do you even know how many '-ve points' are required to qualify for a DOW "crash"?-254 points is not a crash! Here, have a read:- http://www.cnbc.com/id/29959783 Don't get me wrong, I want the DOW down asap for my own selfish reasons..... but please keep things in perspective dear, for those who don't know about these things. Your having a larf if you rely on the jokers at CNBC to boost your credibility. As for GOM he is well aware that this is a secular bear market which has probably got a lot more legs on the downside to go since the preceding bubble is going to require something more than a mere 50% correction to clear out all the deadbeats. He also knows that such markets are usually more noted for their spectacular rallies rather than declines so there is no need to patronise him. As for markets crashing one glance at the major world indexes suggest to me that event has already occurred over the past year. Anyway stocks are just a side dish in this crisis. The real risks are elsewhere Edited March 30, 2009 by up2nogood Quote Link to comment Share on other sites More sharing options...
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