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The Masked Tulip

Black Monday

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Suspect today could be the day?

:unsure:

It's just like the old days. :D

Why today?

Edited by MOP

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Guest The Relaxation Suite
Suspect today could be the day?

:unsure:

I doubt it. Too early for me. I'm thinking that most people will realise the recovery was totally manufactured by early to mid November.

Edited by D-503

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Guest Steve Cook
Suspect today could be the day?

:unsure:

I do suspect a sharp turn downwards is in the offing, yes.

If only because it is the only thing that would make any sense. nothing has changed since the end of 2007. In fact things, in the real economy, have worsened

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The chart is currently showing the next down leg to begin not before mid September 2009, week commencing 13 September, say), from prices in the 1100-1150 range on the S&P 500. It will then continue to take out the 666 low most likely and sub-500 is possible, but practically unthinkable.

NB. the 2007 Bear market (which began in October 2007) took out the 1982 Bull in March 2009. We are now seeing the first retracement of the 2007 Bear which will continue until mid September (current estimate).

(The S&P 500 is now at 987.)

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The chart is currently showing the next down leg to begin not before mid September 2009, week commencing 13 September, say), from prices in the 1100-1150 range on the S&P 500. It will then continue to take out the 666 low most likely and sub-500 is possible, but practically unthinkable.

NB. the 2007 Bear market (which began in October 2007) took out the 1982 Bull in March 2009. We are now seeing the first retracement of the 2007 Bear which will continue until mid September (current estimate).

(The S&P 500 is now at 987.)

No idea what you're on about.

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Barclays say today they've made 3 billion profit.

It is being pumped on the BBC, also bragging about big bonuses that are going to be paid, they are trying to paint a picture that everything has returned to normal.

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It is being pumped on the BBC, also bragging about big bonuses that are going to be paid, they are trying to paint a picture that everything has returned to normal.

It is pretty normal for both Barclays and HSBC. Neither indulged heavily in the NRK and B&B type housing heist and neither has required a government bailout. Wait for the results from the bailout banks to see some real anger.

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It is pretty normal for both Barclays and HSBC. Neither indulged heavily in the NRK and B&B type housing heist and neither has required a government bailout. Wait for the results from the bailout banks to see some real anger.

I completely agree. It is just interesting to see how low they are prepared to go to create the feeling everything is returning to normal. it feels like we are in one big physiological experiment.

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European markets up between 0.5% and 1.0%.

Looks really black :lol::lol:

I love it when the HPC bears predict a bad day on the stock market - the FTSE usually flies! Go FTSE!

Thanks TMT! :P

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It is being pumped on the BBC, also bragging about big bonuses that are going to be paid, they are trying to paint a picture that everything has returned to normal.

Not sure their domestic banking has produced good results...just investrment banking where the collapse of competition has helped them.

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It is pretty normal for both Barclays and HSBC. Neither indulged heavily in the NRK and B&B type housing heist and neither has required a government bailout. Wait for the results from the bailout banks to see some real anger.

Barclays are paying sub prime interest rates to the Arabs who bailed them out. 13% I believe.

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Looking green today.

PMI index now up to 50.8 so manufacturing not contracting.

Guess all problems solved now. Bankls and UK industry ok

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PMI index now up to 50.8 so manufacturing not contracting.

Guess all problems solved now. Bankls and UK industry ok

Yup. All over for now.

From now on it's about social change: those that have and those that don't.

I don't think this is a good thing, but it might be happening. And most will sleepwalk into it all thinking it's brilliant. Nice.

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It is pretty normal for both Barclays and HSBC. Neither indulged heavily in the NRK and B&B type housing heist and neither has required a government bailout. Wait for the results from the bailout banks to see some real anger.

erm, BBC also reported the profits came mainly from the casino arm,,,barclays capital.

and that barclays recieved government loans and guarantees to remain afloat...too big to fail you see.

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