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FreeFall

A Spooked Market?

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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 by FreeFall

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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.

:ph34r:

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Maybe Gordon Brown's Performance this morning on R4 was the last nail in the coffin of denial.

:ph34r:

1. OECD vs Crash Gordon vs John Humpty Dumpty.

2. Human fatal bird flu hits Europe.

3. ?

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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 ;)

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rubbish - it is Yom Kippur. The news always report is a being a "quiet day of trading" translate, "everyone is at home fasting".

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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 by erd

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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...

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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

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  • 301 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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