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Ftse Climbing Back Out Of The Hole

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I've been hearing a few whispers this morning suggesting that this is not a bear market rally, but the start of a sustained rise.

Banking stock, in particular, is not collapsing back down like many thought would happen. :huh:

(RBS looks like a winner at 38p. :ph34r: )

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I've been hearing a few whispers this morning suggesting that this is not a bear market rally, but the start of a sustained rise.

Banking stock, in particular, is not collapsing back down like many thought would happen. :huh:

(RBS looks like a winner at 38p. :ph34r: )

It's the Gordinator effect, don't knock him, he is the real deal!

Edited by Patfig

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Where's the money coming from then?

Oh, that's right, silly me...

Bank of England set to widen quantitative easing program

The quantitative easing program currently being administered by the Bank of England could well be widened over the next few days as the authorities look to inject more capital into the commercial market. Despite the fact that £80 billion of a fund of £125 billion has already been spent acquiring assets and increasing liquidity in the market place, there has been little positive impact to date. So what is the Bank of England looking to do next?

It looks as though the Bank of England is considering two significant new programs which would allow UK firms to raise working capital against a variety of assets and deposits. The Bank of England appears ready to accept trade receivables, equipment leases and consumer credit card debt as assets in exchange for significant liquidity, on a short to medium term basis. While there is no doubt the Bank of England has highlighted a significant problem for many UK companies there are concerns about the possibility of accepting "risky" assets as collateral.

The Bank of England and the UK government are in a very difficult situation because the quantitative easing fund is quickly being eaten up by the UK financial sector and there will obviously be concerns, when the funds run dry, if nothing appears to have improved.

Painting the Tape

Painting the tape

Definition

The illegal practice in which traders buy and sell a specific security among themselves, creating the illusion of high trading volume and significant investor interest, which can attract unsuspecting investors who might then buy the stock and enable the traders to profit.

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I've been hearing a few whispers this morning suggesting that this is not a bear market rally, but the start of a sustained rise.

Banking stock, in particular, is not collapsing back down like many thought would happen. :huh:

(RBS looks like a winner at 38p. :ph34r: )

As someone who has enough Barclay's shares they feel like they bought out Sheikh Mansour, I hope you're right.

As someone who dropped 2 grand on Marconi, thinking the wrost was over at 70p I worry you're wrong.

I heard that Sheikh Mansour paid someone 40 million quid for advice on Barclays. Did that person say "you'll be OK short term but there's more bad news to come later"?

There is a saying "The market never lies", but it did in 2007 of course.

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As someone who has enough Barclay's shares they feel like they bought out Sheikh Mansour, I hope you're right.

As someone who dropped 2 grand on Marconi, thinking the wrost was over at 70p I worry you're wrong.

I heard that Sheikh Mansour paid someone 40 million quid for advice on Barclays. Did that person say "you'll be OK short term but there's more bad news to come later"?

There is a saying "The market never lies", but it did in 2007 of course.

I remember that Marconi deal, although I didn't understand it or go for it at the time.

I think the FTSE has a lot further to fall yet.

I am NOT easily fooled.

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I've been hearing a few whispers this morning suggesting that this is not a bear market rally, but the start of a sustained rise.

Banking stock, in particular, is not collapsing back down like many thought would happen. :huh:

The QE Put provides a very robust floor to the market.

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I remember that Marconi deal, although I didn't understand it or go for it at the time.

I think the FTSE has a lot further to fall yet.

I am NOT easily fooled.

FTSE 100

3,512 on 03/03/2009

4,404 on 09/06/2009

Well you've been on the money so far. :rolleyes:

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This is a sustained rally for how long, a month, a year?

The debt mountain remains and is getting bigger.

There are a lot of reasons to manipulate the market none more so than the pension crisis.

Everyone wants to make money so a sure fire bet is hard to resist, just like BTL.

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The debt mountain remains and is getting bigger.

Do you have any evidence to back that up? For example how much was paid back in mortgages, credit cards, personal loans etc vs. how much was borrowed over the last 12 months?

Don't get me wrong I'm not accusing you of telling porkies. I'm actually genuinely interested in the figures.

Edited by IWantItNow

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http://www.brillig.com/debt_clock/

http://news.bbc.co.uk/1/hi/business/7660409.stm

http://cluaran.free.fr/debt.html

saupload_debt_trend_breakdown_thumb_thumb1.jpg

There's another one of these which is even more scary but I've been unable to find it.

As I said the debt mountain remains and is getting bigger.

If debt is wealth we have nothing to worry about, providing we can keep paying the interest on the debt. Those with subprime mortgages managed it so we will be fine.

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Do you have any evidence to back that up? For example how much was paid back in mortgages, credit cards, personal loans etc vs. how much was borrowed over the last 12 months?

Don't get me wrong I'm not accusing you of telling porkies. I'm actually genuinely interested in the figures.

:blink::blink:

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http://www.brillig.com/debt_clock/

http://news.bbc.co.uk/1/hi/business/7660409.stm

http://cluaran.free.fr/debt.html

saupload_debt_trend_breakdown_thumb_thumb1.jpg

There's another one of these which is even more scary but I've been unable to find it.

As I said the debt mountain remains and is getting bigger.

If debt is wealth we have nothing to worry about, providing we can keep paying the interest on the debt. Those with subprime mortgages managed it so we will be fine.

Thanks :)

I'll have a look at these.

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http://www.brillig.com/debt_clock/

http://news.bbc.co.uk/1/hi/business/7660409.stm

http://cluaran.free.fr/debt.html

saupload_debt_trend_breakdown_thumb_thumb1.jpg

There's another one of these which is even more scary but I've been unable to find it.

As I said the debt mountain remains and is getting bigger.

If debt is wealth we have nothing to worry about, providing we can keep paying the interest on the debt. Those with subprime mortgages managed it so we will be fine.

:o:o What if the interest rates start climbing?

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I've been hearing a few whispers this morning suggesting that this is not a bear market rally, but the start of a sustained rise.

Banking stock, in particular, is not collapsing back down like many thought would happen. :huh:

(RBS looks like a winner at 38p. :ph34r: )

Feel free to tell the whisperers i'll be more than happy to buy a 3 month PUT on any of the FTSE, BARC, LLOY OR RBS at some point in the next 3 or 4 days once the FTSE reaches 4600

Edited by T De Lempicka

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you obviously haven't been watching my posts closely enough. :D

I am sleeping very well at nights, what about your good self ?

Yeah great, I figure I have about 70 years on this planet and choose not to spend the best years of my life not living.

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As someone who has enough Barclay's shares they feel like they bought out Sheikh Mansour, I hope you're right.

As someone who dropped 2 grand on Marconi, thinking the wrost was over at 70p I worry you're wrong.

I heard that Sheikh Mansour paid someone 40 million quid for advice on Barclays. Did that person say "you'll be OK short term but there's more bad news to come later"?

There is a saying "The market never lies", but it did in 2007 of course.

I think he must have had a good reason to sell his shares.

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Feel free to tell the whisperers i'll be more than happy to buy a 3 month PUT on any of the FTSE, BARC, LLOY OR RBS at some point in the next 3 or 4 days once the FTSE reaches 4600

Bear market:

sell the rumour (whispers), buy the fact.......apparently

Edited by grumpy-old-man-returns

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Yeah great, I figure I have about 70 years on this planet and choose not to spend the best years of my life not living.

you have been a member since Feb 2007 & you are asking for charts to back stuff up that has been clarified for well over a year ... :blink::blink:

& ps- you work in IT so it is impossible for you to spend the best of your years living......FACT. ;)

although, I see a long sabatical coming your way very soon. This could be your redemption.

Edited by grumpy-old-man-returns

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http://www.brillig.com/debt_clock/

http://news.bbc.co.uk/1/hi/business/7660409.stm

http://cluaran.free.fr/debt.html

saupload_debt_trend_breakdown_thumb_thumb1.jpg

There's another one of these which is even more scary but I've been unable to find it.

As I said the debt mountain remains and is getting bigger.

If debt is wealth we have nothing to worry about, providing we can keep paying the interest on the debt. Those with subprime mortgages managed it so we will be fine.

Again thanks for these. Not really what I was looking for, my fault for not being specific enough, but interesting non the less.

All those articles are a reference to the US debt status from the beginning of time. Anything on the UK?

Does anyone have anything on the household debt status for the last 12-24 months?

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