Butthead Posted September 27, 2011 Share Posted September 27, 2011 (Although the subsequent fall back to the 50xx mark will be hailed with an 8+ page thread on the world ending...) Quote Link to comment Share on other sites More sharing options...
bobthe~ Posted September 27, 2011 Share Posted September 27, 2011 (Although the subsequent fall back to the 50xx mark will be hailed with an 8+ page thread on the world ending...) I am surprised there was no White Tuesday thread. Maybe we could use this as a start to one. So here goes The BarCap guy on B'berg the other day said he still thinks this will be a good year for stocks. These sort of jumps herald the start of a raging bull. They will be printing money to save the banks and that always kick starts the SM. Any more for any more? Quote Link to comment Share on other sites More sharing options...
Injin Posted September 27, 2011 Share Posted September 27, 2011 A post about the SM saying there are no posts about the SM. Is this some sort of zen? Quote Link to comment Share on other sites More sharing options...
kenzdawg Posted September 27, 2011 Share Posted September 27, 2011 Those magnificent men in their flying markets They go up tiddly up up They go down tiddly down down. FTSE`s been trading in a 300 point channel for, what, a few months now. Clearly everything is fixed. Until it`s not. Quote Link to comment Share on other sites More sharing options...
leicestersq Posted September 27, 2011 Share Posted September 27, 2011 What we need is a chart, to see if this day is one of the biggest riser days in FTSE history. It certainly has been a good day to be long. That said, no obvious news to drive it. The guff about the leveraged debt bailout to stiff taxpayers was broken by the Telegraph on Sunday, but little reaction yesterday. No one things anyone would be stupid enough, or Europe organised enough, to make it happen. So what on earth drove the market higher. That said, a lot of shares in the UK look very cheap. Quote Link to comment Share on other sites More sharing options...
Deckard Posted September 27, 2011 Share Posted September 27, 2011 I am surprised there was no White Tuesday thread. Maybe we could use this as a start to one. So here goes The BarCap guy on B'berg the other day said he still thinks this will be a good year for stocks. These sort of jumps herald the start of a raging bull. They will be printing money to save the banks and that always kick starts the SM. Any more for any more? Sure. The Eurozone's problems are now fully resolved thanks to a 3trn leveraged EFSF which the Germans are completely happy to support. The rating agencies have confirmed that following the launch of this leveraged EFSF, they will create a new AAAA grade for France and Germany, to fully reflect their improved creditworthiness. G-Pap is confident Greece will be fully solvent in a matter of hours. It's all rosy, you'd be a fool not to join in the buying frenzy. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted September 27, 2011 Share Posted September 27, 2011 This volatility is to be expected in current the fear laden atmosphere. Brokers must be doing well on the spread commissions. Quote Link to comment Share on other sites More sharing options...
Lepista Posted September 27, 2011 Share Posted September 27, 2011 (Although the subsequent fall back to the 50xx mark will be hailed with an 8+ page thread on the world ending...) Ahem http://www.housepricecrash.co.uk/forum/index.php?showtopic=169337&view=findpost&p=3130448 OK, so it's not 8--pages, but at least it was posted (although in an indirect way). Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted September 27, 2011 Share Posted September 27, 2011 Sure. The Eurozone's problems are now fully resolved thanks to a 3trn leveraged EFSF which the Germans are completely happy to support. The rating agencies have confirmed that following the launch of this leveraged EFSF, they will create a new AAAA grade for France and Germany, to fully reflect their improved creditworthiness. G-Pap is confident Greece will be fully solvent in a matter of hours. It's all rosy, you'd be a fool not to join in the buying frenzy. not enough A's. This thread needs a good stress test. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 27, 2011 Share Posted September 27, 2011 The stock brokers must be like goldfish in a goldfish bowl....every 12 hours they forget the terrible news from the day before. The bank shares will fall back. Some bloke on the Tele did warn them so they only have themselves to blame. Quote Link to comment Share on other sites More sharing options...
R K Posted September 27, 2011 Share Posted September 27, 2011 We're stuck in a 650 point (4800-5450) trading range. V. similar to summer '10. That ended with QE signalled at Jackson Hole end Aug '10. This will end when either the growth scare (and EZ thing) turns out to be not as bad as expected, or worse than expected. Pays your money etc etc Quote Link to comment Share on other sites More sharing options...
Kilham Posted September 27, 2011 Share Posted September 27, 2011 Apparently it will be linked to German property values and be known as the AAAAAARGH. they will create a new AAAA grade for France and Germany, to fully reflect their improved creditworthiness. Quote Link to comment Share on other sites More sharing options...
Deckard Posted September 27, 2011 Share Posted September 27, 2011 Apparently the structure of the proposed bailout would involve the uk stumping up and losing its AAA rating.... And that's not all. It would also leave Holland and Austria the only AAA rated countries in the Eurozone. I wonder for how long? However, this is the sort of rise I'd expect to stick for a while when the bailout structure is finally agreed. That rather assumes an agreement on the leveraged EFSF is actually reached. I very much doubt it. Quote Link to comment Share on other sites More sharing options...
libspero Posted September 27, 2011 Share Posted September 27, 2011 This volatility is to be expected in current the fear laden atmosphere. Brokers must be doing well on the spread commissions. The problem is, stocks are either incredibly cheap, or incredibly risky.. not much middle ground. If Europe goes pop it could drop like a stone (a la great depression). If it all blows over it could be off like a rocket. Place your bets... Quote Link to comment Share on other sites More sharing options...
nohpc Posted September 27, 2011 Share Posted September 27, 2011 If Europe goes pop then they will panic and mega print. The ECB is the most pathetic central bank of the lot. Raising interest rates in the state they were in? What exactly did they hope to achieve? It is starting to look more and more like the BOE is the most intelligent of the lot (not very difficutl considering they are all idiots). Quote Link to comment Share on other sites More sharing options...
libspero Posted September 27, 2011 Share Posted September 27, 2011 Wait for it wait for it.......... Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted September 27, 2011 Share Posted September 27, 2011 Sure. The Eurozone's problems are now fully resolved thanks to a 3trn leveraged EFSF which the Germans are completely happy to support. The rating agencies have confirmed that following the launch of this leveraged EFSF, they will create a new AAAA grade for France and Germany, to fully reflect their improved creditworthiness. G-Pap is confident Greece will be fully solvent in a matter of hours. It's all rosy, you'd be a fool not to join in the buying frenzy. That might be the snorting cocaine view, but the rating agencies have indicated any fund which is leveraged is likely to result in those countries with AAA being downgraded... But still goo do see that the FTSE loves a leveraged bailout and the creation of even more debt to solve a debt crisis. I hope CAB have now integrated this into there advice in helping individuals with debt problems. £100k in debt don't fear all you need is more debt, our advice is secure as many new loans as possible to end your debt problem. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted September 27, 2011 Share Posted September 27, 2011 Should also add it's like a huge game of chicken. Quote Link to comment Share on other sites More sharing options...
rw42 Posted September 27, 2011 Share Posted September 27, 2011 (edited) http://www.youtube.com/watch?v=erog0qc1REI "I hear thunder but theres no rain, this kind of thunder breaks walls and window panes." Edited September 27, 2011 by rw42 Quote Link to comment Share on other sites More sharing options...
uptherebels Posted September 27, 2011 Share Posted September 27, 2011 What happened to the Dow this afternoon. (well their afternoon)? Why the sudden turn around? Quote Link to comment Share on other sites More sharing options...
Butthead Posted September 27, 2011 Author Share Posted September 27, 2011 Any private creditors still holding Greek Govt. debt deserve everything they get. Quote Link to comment Share on other sites More sharing options...
newbie Posted September 27, 2011 Share Posted September 27, 2011 FTSE up 4% Everything's back to normal. 125% mortgages will be back soon. Quote Link to comment Share on other sites More sharing options...
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