_w_ Posted August 10, 2011 Share Posted August 10, 2011 Only a Uni education can provide such levels of insight and analysis. Thanks, it is genuinely appreciated. It's all clear to me now. Quote Link to comment Share on other sites More sharing options...
tkane Posted August 10, 2011 Share Posted August 10, 2011 Only a Uni education can provide such levels of insight and analysis. Thanks, it is genuinely appreciated. Hysteria clouds your judgement. The fact that I'm right has rattled your cage. Bye. Quote Link to comment Share on other sites More sharing options...
Guest_flaps_* Posted August 10, 2011 Share Posted August 10, 2011 Hysteria clouds your judgement. The fact that I'm right has rattled your cage. Bye. Don't forget your ball Quote Link to comment Share on other sites More sharing options...
Pent Up Posted August 10, 2011 Share Posted August 10, 2011 Dow has wiped out yesterday's 4% gain. Now -4% Quote Link to comment Share on other sites More sharing options...
rantnrave Posted August 10, 2011 Share Posted August 10, 2011 Hysteria clouds your judgement. The fact that I'm right has rattled your cage. Bye. Do we have a top 10 record of trolls? Quote Link to comment Share on other sites More sharing options...
libspero Posted August 10, 2011 Share Posted August 10, 2011 Isn't X factor on ITV2? Quote Link to comment Share on other sites More sharing options...
Sour Mash Posted August 10, 2011 Share Posted August 10, 2011 You're all very hysterical on here. I've visited this site since 2004 when I was still at uni and gave up long ago waiting for prices to go down. It's just not going to happen. Is it because they fell by up to 20% through 2008 and 2009 and you don't think it will happen again so soon? http://www.guardian.co.uk/money/2011/feb/19/house-price-fall-20-per-cent The cost of the average home fell by up to one-fifth between mid-2008 and the end of 2009 as the credit crunch gripped the mortgage market, but then regained about half of that ground last year, aided by record low interest rates. Or some other reason you think it can't happen? No doubt most people who had were holding FTSE stocks when it was around 6000 a month ago didn't think it would be worth around 5000 today .... the smart ones will have seen the possibility of an asset losing value and acting accordingly. Quote Link to comment Share on other sites More sharing options...
Pent Up Posted August 10, 2011 Share Posted August 10, 2011 "Soc Gen categorically denies rumours" according to doomberg. Quote Link to comment Share on other sites More sharing options...
Quicken Posted August 10, 2011 Share Posted August 10, 2011 "Soc Gen categorically denies rumours" according to doomberg. Phew! I was worried there for a second. Quote Link to comment Share on other sites More sharing options...
MrFlibble Posted August 10, 2011 Share Posted August 10, 2011 My favourite site to get reaction on what's happening in the economy. Fair point. As for a hpc I partially agree with you in that I don't see prices falling dramatically in Sterling terms without some sort of IR shake-up or currency blow-up. The reason I only partially agree is due to the simple fact that relevant to wages house prices are still way too high. If inflation lets rip wages will need to accelerate faster than house prices to rebalance things via a hpc bypass, otherwise the problem of wages vs. house prices will still exist in the future and we'll still need a bona-fide hpc without all the props and meddling screwing it up. Quote Link to comment Share on other sites More sharing options...
MrFlibble Posted August 10, 2011 Share Posted August 10, 2011 Dow has wiped out yesterday's 4% gain. Now -4% Tasty falls there, I'm pleased I'm not involved... Quote Link to comment Share on other sites More sharing options...
rantnrave Posted August 10, 2011 Share Posted August 10, 2011 According to BBC data, DJI and CAC40 now have 'no winners' Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted August 10, 2011 Share Posted August 10, 2011 Don’t let anyone tell you this ugliness in the stock market was unforeseeable. On June 8, in a financial world otherwise frothing with happy talk, money manager Michael Gayed posted a piece on financial analysis blog, Seeking Alpha, headlined, “The Summer Crash of 2011, Or the Great Re-Adjustment.” Read the whole thing here.Gayed wondered: If a bull market was truly on, why were defensive sectors — consumer staples, health care and utilities — -outperforming the broader market? Typically, these stocks are where investors run to hide in a recession. Oh, and why were bonds beginning to outperform stocks — -even as the Federal Reserve ended its QE2 bond buying program? “The bond market is clearly afraid of something,” Gayed wrote. “The stock market has not yet noticed what the bond market is screaming.” http://www.marketwatch.com/story/money-managers-called-the-summer-market-plunge-2011-08-10 Quote Link to comment Share on other sites More sharing options...
Sour Mash Posted August 10, 2011 Share Posted August 10, 2011 According to BBC data, DJI and CAC40 now have 'no winners' But the nice lady on the BBC last night said that the markets were 'fighting back'.... I'm scared, somebody help those poor markets. Won't anyone think of the shareholders? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 10, 2011 Share Posted August 10, 2011 From the BBC: FEAR RETURNS TO DRIVE DOWN SHARES. What a stupid headline. What they mean is they are afraid of loosing money and want it to shoot back up. That;s not scary, thats funny. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted August 10, 2011 Share Posted August 10, 2011 From the BBC: FEAR RETURNS TO DRIVE DOWN SHARES. What a stupid headline. What they mean is they are afraid of loosing money and want it to shoot back up. That;s not scary, thats funny. Half an hour a go, that story was the 6th most read on their site. 15 mins ago it was 4th, now it's 3rd... Wonder it if will replace the riots as the most read? Quote Link to comment Share on other sites More sharing options...
libspero Posted August 10, 2011 Share Posted August 10, 2011 Quote Link to comment Share on other sites More sharing options...
rantnrave Posted August 10, 2011 Share Posted August 10, 2011 Quote Link to comment Share on other sites More sharing options...
Pent Up Posted August 10, 2011 Share Posted August 10, 2011 Said on doomberg that the Dow has had the worst august since 1990s when Russia defaulted. Quote Link to comment Share on other sites More sharing options...
Pent Up Posted August 10, 2011 Share Posted August 10, 2011 I saw FTSE down 3.1% at the top right of BBC news 24, then they pulled it. Did it close? Closed at 4:30. -3.05% Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted August 10, 2011 Share Posted August 10, 2011 Said on doomberg that the Dow has had the worst august since 1990s when Russia defaulted. We're only a third of the way through it :8 Quote Link to comment Share on other sites More sharing options...
efdemin Posted August 10, 2011 Share Posted August 10, 2011 Although I'm generally not that against public sector pensions, I'd just like to point out that since I have a fairly standard stakeholder pension I'm watching all this with my eyes closed. My pension is now offically worth less than the amount I have paid in over the last 5 years. 3% extra of your salary doesn't seem that big a hit now, does it? Quote Link to comment Share on other sites More sharing options...
rantnrave Posted August 10, 2011 Share Posted August 10, 2011 Closed at 4:30. -3.05% Whisker above 5K Quote Link to comment Share on other sites More sharing options...
rantnrave Posted August 10, 2011 Share Posted August 10, 2011 Is that the FTSE's biggest % fall since this kicked off last week? Quote Link to comment Share on other sites More sharing options...
fluffy666 Posted August 10, 2011 Author Share Posted August 10, 2011 Closed at 4:30. -3.05% And it had shot up 2% on opening.. Quote Link to comment Share on other sites More sharing options...
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