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Stock Market Tanking, Us Indecies In Red!

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It's not down that much yet. The nikkai was down 2.8% this morning. It's a combination of worse than expected earnings from the banks and slipping consumer confidence.

Technicals point to resistance point here so should be down to below 10k again soon. Opened a short on the ftse last night but BPs has been restricting the falls so far.

Edit: iPhone twisting my words.

Edited by Pent Up

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its the boom.

drivers, turning left, especially old experienced ones, like to swerve a bit right before turning left..

markets to the same. dive before rising.

this rise is the big one.

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its the boom.

drivers, turning left, especially old experienced ones, like to swerve a bit right before turning left..

markets to the same. dive before rising.

this rise is the big one.

Things can only get better!

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Dow down 2.25% now. That's more like it now all we need is that plug to blow over the weekend and it'll be a fun day on the FTSE mondy :)

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Predictable. The banks hate the new stringent regulations, China rattling sabres over reserve currency and pulling some cash out and into Euro (so more a rise in Euro than drop in pound me thinks).

Could be a knee jerk reaction and a blip. Seems these things don't last long.

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Paul the octopus says....

m8zk42.jpg

Hat tip the Bond Vigilantes.

With eight tentacles he could find a reasonable allocation among eight asset classes and sleep soundly at night without worrying about the day to day moves of the market.

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  • 152 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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