TheCountOfNowhere Posted August 21, 2015 Author Share Posted August 21, 2015 FTSE 100 (^FTSE)-FTSE 6,295.97 71.92(1.13%) 7:06AM BST Thar she blows. Quote Link to comment Share on other sites More sharing options...
zugzwang Posted August 21, 2015 Share Posted August 21, 2015 And it might again That graph says to me, madness. They push to the prices up to irrational levels then let the market crash. Rinse and repeat. Much like the housing market. +1 If we're looking at a resumption of the worldwide depression postponed from 2008 - and I think we are - then 3,500 is almost inevitable. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 21, 2015 Author Share Posted August 21, 2015 +1 If we're looking at a resumption of the worldwide depression postponed from 2008 - and I think we are - then 3,500 is almost inevitable. That begs the question, where did the QE money go ? You just know when you hear the storys of Apple being able to buy greece and house prices in London now 50% more than a level that destroyed the financial system that some time soon, something is gotta give. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 21, 2015 Author Share Posted August 21, 2015 (edited) Decent summary in Reuters in 2 short para's.... I think it's been said before on here, several times, the actions of the elite after 2008 has only postponed the inevitbale, not solved it. The problems now been magnified and any collapse now will really cause a lot of strife. I am sure many of them in the know will have sold up by now and be sitting watching thanking god ( or gord in reality ) for the bailout. Who's going to take the losses....I'll give you 1 guess ? Edited August 21, 2015 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 21, 2015 Author Share Posted August 21, 2015 (edited) Ding Ding, seconds out, round 2 6,275.17 92.72(1.46%) 13:21 Edited August 21, 2015 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
GinAndPlatonic Posted August 21, 2015 Share Posted August 21, 2015 Gathering momentum..once the big men come back from the toilet it might implode. Quote Link to comment Share on other sites More sharing options...
suntory Posted August 21, 2015 Share Posted August 21, 2015 Once NYC opens the real shit storm can begin. And remember, today is Friday. Ring any bells? Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted August 21, 2015 Share Posted August 21, 2015 Most of the shit so far has been in emerging markets. The FT today points out that these have sunk 30% already this year and the gains since 2005 over the developed markets has now unwound...ie. performance the same over ten years. Quote Link to comment Share on other sites More sharing options...
SpectrumFX Posted August 21, 2015 Share Posted August 21, 2015 (1) Equities always win in the long run......fail. Give it another 16 years and it'll probably pan out OK. Even at a 2.5% dividend payout you get all your money back from dividends alone in 30 years and you've still got (whatever's left of) your capital. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 21, 2015 Author Share Posted August 21, 2015 Give it another 16 years and it'll probably pan out OK. Even at a 2.5% dividend payout you get all your money back from dividends alone in 30 years and you've still got (whatever's left of) your capital. Howz that strategy panning out for the Northern Rock share holders ? Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted August 21, 2015 Share Posted August 21, 2015 (edited) Give it another 16 years and it'll probably pan out OK. Even at a 2.5% dividend payout you get all your money back from dividends alone in 30 years and you've still got (whatever's left of) your capital. Guess it depends what you class as the long term, to me 16 years is pretty long. However, I have to agree that where as dividends fell well short of interest on cash over the last 16 years, that will probably not be the case moving forward. Indeed there are likely to be dates in the near future when the FT has another go above 7000. At that point an exit is always going to beat cash from heronin. Which means that timing, not time, is essential when exiting the market in particular. Edited August 21, 2015 by crashmonitor Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 21, 2015 Author Share Posted August 21, 2015 (edited) 6,266.98 100.91(1.58%) 14:22 Edited August 21, 2015 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Timak Posted August 21, 2015 Share Posted August 21, 2015 I believe this is a direct result of me putting £30k into the stock market about a month ago. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted August 21, 2015 Share Posted August 21, 2015 Denninger alludes to a coming 30-40% fall in US markets...FTSE doesnt look as frothy as the US, perhaps expect a 15-20% dip from 7000, ie down to 5500 or so... Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted August 21, 2015 Share Posted August 21, 2015 I believe this is a direct result of me putting £30k into the stock market about a month ago. Well so long as you await revisitation at 6800 or whatever, you will beat cash from now on. Meanwhile the DOW.... http://www.google.co.uk/finance?q=dow&ei=wyrXVZCjOIKUUKLsltgO Quote Link to comment Share on other sites More sharing options...
billybong Posted August 21, 2015 Share Posted August 21, 2015 (edited) That inverted saucer pattern in the Ftse since last December looks pretty good for a possible sudden drop from the current levels. Edited August 21, 2015 by billybong Quote Link to comment Share on other sites More sharing options...
Timak Posted August 21, 2015 Share Posted August 21, 2015 Well so long as you await revisitation at 6800 or whatever, you will beat cash from now on. Meanwhile the DOW.... http://www.google.co.uk/finance?q=dow&ei=wyrXVZCjOIKUUKLsltgO TBF I bought 50% Lloyds and 50% RBS shares rather than the FTSE I've got them as buy and forget shares and a hedge against a booming housing market. If I'm wrong and the growth of the economy and housing are sustainable then they should rise in value by a lot compared to their current valuation. Quote Link to comment Share on other sites More sharing options...
FreeTrader Posted August 21, 2015 Share Posted August 21, 2015 S&P drops below 2000. FTSE just above 6200. Quote Link to comment Share on other sites More sharing options...
zugzwang Posted August 21, 2015 Share Posted August 21, 2015 It's a bear party, folks. Come on in, the water's loveely. Quote Link to comment Share on other sites More sharing options...
FreeTrader Posted August 21, 2015 Share Posted August 21, 2015 The FTSE closed at 6187.65, down 2.83%. That makes 9 consecutive down sessions for the FTSE 100, tying the present run in 2nd place along with 14th - 24th Nov 2011 in the list of top losing streaks since the index began in 1984. If you take the percentage fall into account, this losing run (-8.1%) beats the 2011 one (-7.5%). Number one spot is currently taken by the 11 session losing streak from 13th - 27th Jan 2003 (-12.4% over the period). Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted August 21, 2015 Share Posted August 21, 2015 The time to raise interest rates nears? Quote Link to comment Share on other sites More sharing options...
gf3 Posted August 21, 2015 Share Posted August 21, 2015 The thing I find strange is everybody I talk to say they are really busy work coming out of there ears. Can anybody here say if they are finding the same or the opposite? Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted August 21, 2015 Share Posted August 21, 2015 my industry linked somewhat to oil and world shipping. lots of job losses and very very low orders. I think a lot of other industries have just not hit the 'wake up' button yet. wont be long now! Quote Link to comment Share on other sites More sharing options...
gf3 Posted August 21, 2015 Share Posted August 21, 2015 The time to raise interest rates nears? True. Same way as my death and the sun blowing up is getting closer too. Quote Link to comment Share on other sites More sharing options...
winkie Posted August 21, 2015 Share Posted August 21, 2015 No economy will be viable nor healthy whilst asset price inflation overrides growth, real productivity via real work.......or else we all sit on our shares and in our homes and do absolutely nothing of any good to anybody.....herein lies the problem. Quote Link to comment Share on other sites More sharing options...
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