Jump to content
House Price Crash Forum
LiveAndLetBuy

Pound & Ftse Tanking?

Recommended Posts

Is the FTSE about to start testing 4000 again?

The Down Jones dropped by 2.6% Friday so this is just catch up I guess (with the worse than expected US jobless figures from last week)

Edited by Dave Spart

Share this post


Link to post
Share on other sites
Is the FTSE about to start testing 4000 again?

The Down Jones dropped by 2.6% Friday so this is just catch up I guess (with the worse than expected US jobless figures from last week)

US markets were closed on Friday; that was Thursday's figure.

Share this post


Link to post
Share on other sites
Is the FTSE about to start testing 4000 again?

The Down Jones dropped by 2.6% Friday so this is just catch up I guess (with the worse than expected US jobless figures from last week)

Gordons comments on length of recession perhaps?

I am planning to fill me boots next year, at the peak of the pessemism. I reckon this is the start of another run, once we get to the bottom, could be prime opportunity to invest....

But what in? Thats the difficult question....

Share this post


Link to post
Share on other sites

The New York Stock Exchange was closed on Friday for Independance Day National Holiday, July 4 being a Saturday this year.

FTSE currently down following falls on Asian exchanges.

Waiting for NYSE to open 14.30 to get a sense of direction for the week.

The markets are basically tracking sideways in 200 point range from 4150 - 4350, minor falls, minor increases, without any major breaking news to set a new direction.

Share this post


Link to post
Share on other sites
Gordons comments on length of recession perhaps?

I am planning to fill me boots next year, at the peak of the pessemism. I reckon this is the start of another run, once we get to the bottom, could be prime opportunity to invest....

But what in? Thats the difficult question....

IMPO, Tech.

Although the more I have been reading about Goldman and Carbon Trading then going into the 'Green' companies 'sponsored' by Goldman fora brief period might be lucrative - assuming you can get out before they pop the bubble.

Share this post


Link to post
Share on other sites
Gordons comments on length of recession perhaps?

I am planning to fill me boots next year, at the peak of the pessemism. I reckon this is the start of another run, once we get to the bottom, could be prime opportunity to invest....

But what in? Thats the difficult question....

Recievers, breakers yards, solicitors?

To the irrationally exhuberant, when TSHTF, I'd just like to say that my Bunker Stash includes large quantities of loperamide: Be nice to me and I may share.

Share this post


Link to post
Share on other sites

Exchange a chunk of wodge in to USD on Thursday. Even paid £30-odd quid to send it by CHAPS as I thought the pound would tank before the cheque could clear in 3-5 days.

Sterling has been far too bullish / stable of late.

May open a Canadian Dollar account this week too. Any opinions on HSBC's services?

Share this post


Link to post
Share on other sites
Recievers, breakers yards, solicitors?

To the irrationally exhuberant, when TSHTF, I'd just like to say that my Bunker Stash includes large quantities of loperamide: Be nice to me and I may share.

locksmiths

Share this post


Link to post
Share on other sites

FTSE - changed news on outlook for the global economy has hit energy and mining and dragged others down.

Pound - More QE, Brown warning that recession may get worse, fell through both the 162 and 162.5 support levels without resistance.

An ordinary week.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   291 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.