yellerkat Posted July 1, 2010 Share Posted July 1, 2010 EUR heading up against USD - big turnaround on US futures soon? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 1, 2010 Share Posted July 1, 2010 This afternoon will be interesting ahead of the Euro bank roll-over tomorrow and US job figures on Friday - DOW might go down big time this afternoon sending the FTSE b*****ers into following. Are you calling a black thursday ? If not, then someone else will... Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted July 1, 2010 Share Posted July 1, 2010 Are you calling a black thursday ? If not, then someone else will... Could be a Black Friday or Monday - the ECB is going to bail out the banks but the US job figures could set it off. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 1, 2010 Share Posted July 1, 2010 (edited) Could be a Black Friday or Monday - the ECB is going to bail out the banks but the US job figures could set it off. I find this interesting: http://news.bbc.co.uk/2/hi/business/10471382.stm "US financial reform passed by House of Representatives" They did similar things in the 1930's that kept the financial markets in touch untill they de-regulated them 15 years ago ( or there abouts)...then they started blowing the bubble. A few of the clever men in wall street must know the game is up and they will SELL big and collapse the markets....then buy back in. Edited July 1, 2010 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
robo1968 Posted July 1, 2010 Share Posted July 1, 2010 Yep The Footsie is the Dow's bitch Just watch the Footsie around 1:45 pm. It will go all "coy" and hang around a particular value until the Dow opens at 2pm. At which point the Footsie tends to shoot down or up dramatically depending on what "mood" the Dow is in. The FTSE just following the DOW futures like a lost dog unless the city of London falls into a big hole in the ground, then it would wait to see what the DOW thinks about it and then react Quote Link to comment Share on other sites More sharing options...
juvenal Posted July 1, 2010 Share Posted July 1, 2010 You know what, I keep looking out the window and there really is nothing happening. In fact nothing for years and years. It all looks exactly the same. Do you live opposite an Estate Agents? Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted July 1, 2010 Share Posted July 1, 2010 (edited) The FTSE just following the DOW futures like a lost dog unless the city of London falls into a big hole in the ground, then it would wait to see what the DOW thinks about it and then react And the Dow follows the FTSE, and the Dax and the S&P etc etc, They all follow each other , major western indices are about 90% correlated and are all open 24 hours a day 5 days a week. Not sure where this stupid idea comes from, of course they are going to follow each other they are all listed multinational companies. In fact in the last 2 months the FTSE is down about 10% more than the DOW,mainly because of BP i suppose so you might aswell argue the Dow follows the FTSE for all its worth, the Dow just happens to open after the FTSE from most Brits perspective Edited July 1, 2010 by Tamara De Lempicka Quote Link to comment Share on other sites More sharing options...
Alan B'Stard MP Posted July 1, 2010 Share Posted July 1, 2010 And the Dow follows the FTSE, and the Dax etc etc, They all follow each other , major western indices are about 90% correlated and are all open 24 hours a day 5 days a week. Not sure where this stupid idea comes from, 1986 world cup. Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted July 1, 2010 Share Posted July 1, 2010 1986 world cup. bit before my recollection, surely you mean the 1986 World Series? Quote Link to comment Share on other sites More sharing options...
robo1968 Posted July 1, 2010 Share Posted July 1, 2010 bit before my recollection, surely you mean the 1986 World Series? were England in it? Quote Link to comment Share on other sites More sharing options...
pl1 Posted July 1, 2010 Share Posted July 1, 2010 BP seems to be pulling up the FTSE last couple of days. Quote Link to comment Share on other sites More sharing options...
Alan B'Stard MP Posted July 1, 2010 Share Posted July 1, 2010 bit before my recollection, surely you mean the 1986 World Series? Wouldnt that be before your recollection as well? Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted July 1, 2010 Share Posted July 1, 2010 Wouldnt that be before your recollection as well? Fishcakes Quote Link to comment Share on other sites More sharing options...
Realistbear Posted July 1, 2010 Share Posted July 1, 2010 (edited) FTSE 100 4815.76-2.10% I think the recovery nonsense talk is now OVER. Edit: FTSE 100 4807.33-2.29% Edited July 1, 2010 by Realistbear Quote Link to comment Share on other sites More sharing options...
leicestersq Posted July 1, 2010 Share Posted July 1, 2010 FTSE 100 4815.76-2.10% I think the recovery nonsense talk is now OVER. Edit: FTSE 100 4807.33-2.29% What on earth is going on? No one on HPC called this. No way is a crash allowed to happen without HPC authority. Thats the Law. Quote Link to comment Share on other sites More sharing options...
buytoilet Posted July 1, 2010 Author Share Posted July 1, 2010 What on earth is going on? No one on HPC called this. No way is a crash allowed to happen without HPC authority. Thats the Law. anyone care to bet when we will be at 4,500 Quote Link to comment Share on other sites More sharing options...
Scunnered Posted July 1, 2010 Share Posted July 1, 2010 What on earth is going on? No one on HPC called this. No way is a crash allowed to happen without HPC authority. Thats the Law. Black Thursday's been predicted numerous times here. Just not today. Quote Link to comment Share on other sites More sharing options...
yellerkat Posted July 1, 2010 Share Posted July 1, 2010 Some strange currency movements going on: EUR and GBP up a LOT against USD and the resource currencies AUD, NZD, ZAR (and a bit against CAD). Quote Link to comment Share on other sites More sharing options...
Reck B Posted July 1, 2010 Share Posted July 1, 2010 anyone care to bet when we will be at 4,500 Next thursday Quote Link to comment Share on other sites More sharing options...
Traktion Posted July 1, 2010 Share Posted July 1, 2010 FTSE 100 4815.76-2.10% I think the recovery nonsense talk is now OVER. Edit: FTSE 100 4807.33-2.29% You'll be glad to see gold is tanking too today. It's behaving more like a commodity than money in comparison to yesterday. Quote Link to comment Share on other sites More sharing options...
Giraffe Posted July 1, 2010 Share Posted July 1, 2010 Next thursday earlier - Tuesday. we're close to a proper panic sell off. Quote Link to comment Share on other sites More sharing options...
fadeaway Posted July 1, 2010 Share Posted July 1, 2010 what the hell is happening to gold? it rarely tanks along with the dow/ftse Quote Link to comment Share on other sites More sharing options...
Reck B Posted July 1, 2010 Share Posted July 1, 2010 Don't be scared the recovery has really picked up pace over the last 5 days. Quote Link to comment Share on other sites More sharing options...
Giraffe Posted July 1, 2010 Share Posted July 1, 2010 what the hell is happening to gold? it rarely tanks along with the dow/ftse The Deflationistas are in ascendancy. (until more QE is announced) Quote Link to comment Share on other sites More sharing options...
fadeaway Posted July 1, 2010 Share Posted July 1, 2010 The Deflationistas are in ascendancy. (until more QE is announced) And it will be. Inflation will be more dominant than deflation, because in the end - the people who owe the most money also have access to the printing presses. Quote Link to comment Share on other sites More sharing options...
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