fluffy666 Posted August 3, 2011 Share Posted August 3, 2011 Time for someone to start a black day thread.. Quote Link to comment Share on other sites More sharing options...
tomandlu Posted August 3, 2011 Share Posted August 3, 2011 All the financial optimists must be out enjoying the sunshine... Quote Link to comment Share on other sites More sharing options...
Reck B Posted August 3, 2011 Share Posted August 3, 2011 THE BLACK !...where are we sleeping tonight mother, on fathers grave? Quote Link to comment Share on other sites More sharing options...
EvilEdna Posted August 3, 2011 Share Posted August 3, 2011 Wow - currently 2.6 %. Burn baby burn Quote Link to comment Share on other sites More sharing options...
papag Posted August 3, 2011 Share Posted August 3, 2011 Cant have too much sympathy for anyone who is still in the equity markets apart from within his/her pension , its been waiting for another fall that even a blind man could see coming , so its back to where it was 15 years ago WOW, All these tracker deals all these guaranteed equity bonds don't look too good now bet the flashy suit experts are having hard times convincing even the dumb that they are great investments. Quote Link to comment Share on other sites More sharing options...
leicestersq Posted August 3, 2011 Share Posted August 3, 2011 -2.68% Scary red digits there. Can you dramatise the fall in the Dax for us as well? Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted August 3, 2011 Share Posted August 3, 2011 -2.68% All the excitement happens when I'm out of touch. We've been on a ferry all day and have only just picked up a cell. No equities here . Quote Link to comment Share on other sites More sharing options...
Mr 0.01% Posted August 3, 2011 Share Posted August 3, 2011 Dow jones down another 120 points too... Could this be the start of something tasty? I bet...not. FTSE to break through 7000 tomorrow :s Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted August 3, 2011 Share Posted August 3, 2011 We all need to repeat debt is wealth. Quote Link to comment Share on other sites More sharing options...
Pent Up Posted August 3, 2011 Share Posted August 3, 2011 I can - I'm getting - 3 . 3 1 %! on my beeboid freezer. Wow that's bad, they lost over 2% yesterday too. Quote Link to comment Share on other sites More sharing options...
fluffy666 Posted August 3, 2011 Author Share Posted August 3, 2011 Wow that's bad, they lost over 2% yesterday too. There's an obvious trigger: http://www.bbc.co.uk/news/uk-england-hampshire-14380587 Quote Link to comment Share on other sites More sharing options...
Reck B Posted August 3, 2011 Share Posted August 3, 2011 We all need to repeat debt is wealth. This is true - Also, under NO circumstances should we talk our way back into recession. Careless talk costs GDP points after all. Everythings rosy, keep calm and carry on etc. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 3, 2011 Share Posted August 3, 2011 There's an obvious trigger: http://www.bbc.co.uk/news/uk-england-hampshire-14380587 Plenty of obvious reasons tho Quote Link to comment Share on other sites More sharing options...
fatsam Posted August 3, 2011 Share Posted August 3, 2011 More QE on it's way pretty soon i fear. Quote Link to comment Share on other sites More sharing options...
Pent Up Posted August 3, 2011 Share Posted August 3, 2011 Apparently the Dow Jones has had the longest losing streak since 1978 if it closes down today. Quote Link to comment Share on other sites More sharing options...
Pent Up Posted August 3, 2011 Share Posted August 3, 2011 Which it will. If Friday's jobs report is bad expect another big sell off. The fun just keeps coming... Quote Link to comment Share on other sites More sharing options...
LetsGetReadyToTumble Posted August 3, 2011 Share Posted August 3, 2011 All the financial optimists must be out enjoying the sunshine... Not here in Cornwall. Just the usual overcast, cold drizzle. Quote Link to comment Share on other sites More sharing options...
RentingForever Posted August 3, 2011 Share Posted August 3, 2011 Sorry - all my fault. I cashed in a few company shares this week. Last time I did that Lehman Brothers collapsed a few days later. Run for the hills. Quote Link to comment Share on other sites More sharing options...
Pytyr Posted August 3, 2011 Share Posted August 3, 2011 More QE on it's way pretty soon i fear. Gloomberg - Stocks erase losses on stimulus bets Seems to be the thinking. I thought the idea was to crash the market good and proper first, then cash in when Uncle Ben comes long with the free money? Quote Link to comment Share on other sites More sharing options...
grandmaster Posted August 3, 2011 Share Posted August 3, 2011 Most of our savings are in Israeli shekels - 5.9 to the pound in January, reached a low of 5.42 and is now back up to 5.70 in the wake of the US crisis, in just a few days. Very surprised to see GBP rallying at all bearing in mind the recent 0.2% GDP news - without government borrowing we'd still be deep in recession. Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted August 3, 2011 Share Posted August 3, 2011 Do you really think we are not in recession? .... after all the government also say there are only 2.65 million unemployed. whilst id be the first to admit the govt are notorious for overstating UK unemployment by a couple of million, i dont think thats any reason to call into question their opinion on what a recession is Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted August 3, 2011 Share Posted August 3, 2011 This is true - Also, under NO circumstances should we talk our way back into recession. Careless talk costs GDP points after all. Everythings rosy, keep calm and carry on etc. We just need to be positive, think happy thoughts. Everyone have a beer, relax tomorrow will be a brighter day. Quote Link to comment Share on other sites More sharing options...
chronyx Posted August 3, 2011 Share Posted August 3, 2011 Everyone have a beer, relax tomorrow will be a brighter day. our survey says... Quote Link to comment Share on other sites More sharing options...
durhamborn Posted August 3, 2011 Share Posted August 3, 2011 Cant have too much sympathy for anyone who is still in the equity markets apart from within his/her pension , its been waiting for another fall that even a blind man could see coming , so its back to where it was 15 years ago WOW, All these tracker deals all these guaranteed equity bonds don't look too good now bet the flashy suit experts are having hard times convincing even the dumb that they are great investments. Those trackers that were also buying the FTSE at 3800 in 2008 with 6% yields?,or the Hang Seng at 11000?.Trackers are fantastic investments in volatile markets.The dumb are those who put in a lump sum and try to time the market. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 4, 2011 Share Posted August 4, 2011 (edited) i invested in 2008 during printy printy , money had to go somewhere. i knew people in 2002 who were buying shares on credit cards. they did very well. I took my money out the stockmarket in 2009 after the printy printy money took effect. The stock markets pretty much back to where i was when I got my money back. The old myth lie that the stock market is a greta place to invest, goes above inflation, doubles every ten years etc etc etc is dead. Thankfully nothing else has been mis-sold to people with this set of lies in recent years. Edited August 4, 2011 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
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