FreeFall Posted October 13, 2005 Share Posted October 13, 2005 (edited) Just had a quick look at the FTSE 250. Summary: 223 DOWN, 5 LEVEL, 22 UP. What's spooked the market so badly? FTSE 250 down 1.7%, FTSE 100 down 1.3% Edited October 13, 2005 by FreeFall Quote Link to comment Share on other sites More sharing options...
john_d_uk Posted October 13, 2005 Share Posted October 13, 2005 Just had a quick look at the FTSE 250. Summary: 223 DOWN, 5 LEVEL, 22 UP. What's spooked the market so badly? FTSE 250 down 1.7%, FTSE 100 down 1.3% Maybe Gordon Brown's Performance this morning on R4 was the last nail in the coffin of denial. Quote Link to comment Share on other sites More sharing options...
backtoparents Posted October 13, 2005 Share Posted October 13, 2005 Maybe Gordon Brown's Performance this morning on R4 was the last nail in the coffin of denial. 1. OECD vs Crash Gordon vs John Humpty Dumpty. 2. Human fatal bird flu hits Europe. 3. ? Quote Link to comment Share on other sites More sharing options...
Starcrossed Posted October 13, 2005 Share Posted October 13, 2005 Dr Bubb is probably doing well out of it Quote Link to comment Share on other sites More sharing options...
FreeFall Posted October 13, 2005 Author Share Posted October 13, 2005 Dr Bubb is probably doing well out of it Not well, but better. Spot price for gold is down 0.5% Quote Link to comment Share on other sites More sharing options...
Timmy Manson Posted October 13, 2005 Share Posted October 13, 2005 Nah, it's oil again, crude prices have slipped and that's dragged the FTSE down oil and engery Cos make up about 20% of the FTSE. BP and Shell are both down. Silly really as the oil price is just falling because Katrina and Rita did so much damage to US refining capacity. It'll soon be back up over $70pbl Quote Link to comment Share on other sites More sharing options...
woody Posted October 13, 2005 Share Posted October 13, 2005 rubbish - it is Yom Kippur. The news always report is a being a "quiet day of trading" translate, "everyone is at home fasting". Quote Link to comment Share on other sites More sharing options...
erd Posted October 13, 2005 Share Posted October 13, 2005 (edited) 1. OECD vs Crash Gordon vs John Humpty Dumpty. 2. Human fatal bird flu hits Europe. 3. ? For some reason I couldn't read what you wrote Edited October 13, 2005 by erd Quote Link to comment Share on other sites More sharing options...
cgnao Posted October 13, 2005 Share Posted October 13, 2005 Interest rates on the rise. http://stockcharts.com/def/servlet/SC.web?c=$TNX Quote Link to comment Share on other sites More sharing options...
Cheston Pelvis Posted October 13, 2005 Share Posted October 13, 2005 IMO it's slowly dawning on the markets that there may be trouble ahead (cue the music...). What with the Dow Jones close to hitting significant lows (and this just after the FTSE 100 had reached 4 year highs), another cautionary speech from Merv, increasing doubt over the stability of the UK & US economies, job losses cropping up left right and centre... there's just too much bad news coming out at the moment. Anyway, I've decided to cash in my meagre holdings today (I'm sure the market will miss my £8K!). My time as a shareholder was always going to be a short-term affair. You can call it panic selling, but I think it's time to move onto something else. So that'll be £8K on red please... Quote Link to comment Share on other sites More sharing options...
Golden Shower Posted October 13, 2005 Share Posted October 13, 2005 I think it's a pull back. Wonder if it's going to be a time to buy into oil/commodities? Quote Link to comment Share on other sites More sharing options...
frugalista Posted October 14, 2005 Share Posted October 14, 2005 rubbish - it is Yom Kippur. The news always report is a being a "quiet day of trading" translate, "everyone is at home fasting". Buy Rosh, Sell Yom, is a well known stock market adage in some circles. frugalista Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted October 14, 2005 Share Posted October 14, 2005 this mornings movement. looks like there were some who thought this morning was a good time to buy Quote Link to comment Share on other sites More sharing options...
Ritters Posted October 14, 2005 Share Posted October 14, 2005 It's probably down to the fact that the city had priced in a rate cut, and it's not going to happen. Quote Link to comment Share on other sites More sharing options...
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