or in excess of Posted June 24, 2016 Report Share Posted June 24, 2016 FTSE down over 7%. Good buying opportunity Quote Link to post Share on other sites
interestrateripoff Posted June 24, 2016 Report Share Posted June 24, 2016 I'm certain it will recover. Although there is now a lot of uncertainty about what is going to happen. Uniting the country behind the decision is going to be impossible. Quote Link to post Share on other sites
newbonic Posted June 24, 2016 Report Share Posted June 24, 2016 We shall see what the fallout is in the EU over the coming few years - in the medium term the UK could be seen as a safe haven if if goes belly up there... Quote Link to post Share on other sites
Kiwi Toast Posted June 24, 2016 Report Share Posted June 24, 2016 Above 6000. Has anyone heard rumours of interventions, or even just comments from Carney et al? Quote Link to post Share on other sites
OverInflated Posted June 24, 2016 Report Share Posted June 24, 2016 The FTSE is currently at the price it was a week ago, most of the losses are caused by people selling their long positions they had on the remain vote. It's similar with the currency too. We won't really know for years what the impact is and then we won't know if the same wouldn't have happened anyway if we voted to remain. Quote Link to post Share on other sites
Montauk Posted June 24, 2016 Report Share Posted June 24, 2016 Bravo! I was quite surprised by the outcome; hoping for a Brexit, but not actually expecting one. Quote Link to post Share on other sites
nome Posted June 24, 2016 Report Share Posted June 24, 2016 Above 6000. Has anyone heard rumours of interventions, or even just comments from Carney et al? Carney has "offered £250bn to calm the markets" apparently. ffs Quote Link to post Share on other sites
VeryMeanReversion Posted June 24, 2016 Report Share Posted June 24, 2016 I tried to buy several stocks this morning but the trading platform (HL) was so slow, I couldn't execute anything (buying). I don't see anything worth buying now. Quote Link to post Share on other sites
bendy Posted June 24, 2016 Report Share Posted June 24, 2016 Carney has "offered £250bn to calm the markets" apparently. ffs sauce? Quote Link to post Share on other sites
man o' the year Posted June 24, 2016 Report Share Posted June 24, 2016 GOOD morning everybody. Thanks for a great night here on HPC last night! FTSE beginning to recover a little. Must be Carney wot did it. Quote Link to post Share on other sites
InlikeFlynn Posted June 24, 2016 Report Share Posted June 24, 2016 ..... most of the losses are caused by people selling their long positions they had on the remain vote. It's similar with the currency too. Not sure about the latter point concerning sterling. Today's movement is huge and takes sterling to a low against the dollar not seen for many years. We will have to see what happens over the coming hours/weeks/months. This may just be market volatility or it may turn out to be the start of a more sustained movement. Quote Link to post Share on other sites
InlikeFlynn Posted June 24, 2016 Report Share Posted June 24, 2016 FTSE now recovering, only down 4.3% now. Three shares in my portfolio are showing green. Quote Link to post Share on other sites
R K Posted June 24, 2016 Report Share Posted June 24, 2016 FTSE UP 0.5% this week. DOOOOOOOOOOM!!!!! Quote Link to post Share on other sites
R K Posted June 24, 2016 Report Share Posted June 24, 2016 sauce? Mark Carney Quote Link to post Share on other sites
R K Posted June 24, 2016 Report Share Posted June 24, 2016 I tried to buy several stocks this morning but the trading platform (HL) was so slow, I couldn't execute anything (buying). I don't see anything worth buying now. Keeping my powder dry for the next significant dip. Usually get some sort of retest within 2-3 weeks after initial vol dies down. If not the one after. They come along sooner or later Quote Link to post Share on other sites
Simon Taylor Posted June 24, 2016 Report Share Posted June 24, 2016 Just to add some balance to all the doom laden predictions of Armageddon, here's a really positive, upbeat statement from Aston Martin boss Andy Palmer. He sees a weaker pound for what it is, a boost to competitiveness, not a reason to go around making like Chicken Licken. https://next.ft.com/content/0ff20981-388a-3f58-9090-b8a3654b7ead The FT must have hated to have to have reported this. It's editorial has been hysterical this morning. Quote Link to post Share on other sites
Agentimmo Posted June 24, 2016 Report Share Posted June 24, 2016 Just to add some balance to all the doom laden predictions of Armageddon, here's a really positive, upbeat statement from Aston Martin boss Andy Palmer. He sees a weaker pound for what it is, a boost to competitiveness, not a reason to go around making like Chicken Licken. https://next.ft.com/content/0ff20981-388a-3f58-9090-b8a3654b7ead The FT must have hated to have to have reported this. It's editorial has been hysterical this morning. They sell about 1600 cars per year to Europe. Not a game changer for UK balance of payments, I suspect ? What I would like to see is a HPC asap. Quote Link to post Share on other sites
Fretful Mother Posted June 24, 2016 Report Share Posted June 24, 2016 Favourite headline of the whole referendum was from CityAm this morning "Brexit, persued by bear". Quote Link to post Share on other sites
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