crazypabs Posted March 9, 2020 Share Posted March 9, 2020 I cant believe the massive drops on the FTSE & DJ this morning, with a stop lock of 15mins being applied to the DJ index, and other stocks having a day suspension in trading!!! this is a S'Storm! Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted March 12, 2020 Share Posted March 12, 2020 Will it bounce back soon, or do you guys think best to hold on for more drops? All depends on the trajectory of the virus, or are there more angles we should consider, oil, interest rates, the limit of CB`s to act with any real effect? I have been pretty disciplined so far in not buying into this too early. Normal monthly contributions will continue to go in whatever happens of course. Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted March 12, 2020 Share Posted March 12, 2020 Felt a bit cold writing that, also need to remember that this is killing people (note to self) Looks like the loss of CB control moment much anticipated on here for years might actually be close, and it isn`t going to come without real pain for many? Quote Link to comment Share on other sites More sharing options...
Unmoderated Posted March 12, 2020 Share Posted March 12, 2020 Just wondering how negative interest rates need to go to make it worth my while paying the early redemption and remortgaging. Stock market is a falling knife, but the FTSE's top performing days tend to follow in rapid succession from their worst. This time it is NOT different. The reason for the falls is a lack of clarity about the future, that is all. Same as all the crashes before. Quote Link to comment Share on other sites More sharing options...
2rocketman Posted March 12, 2020 Share Posted March 12, 2020 The potential is there to make fortunes at the moment! Quote Link to comment Share on other sites More sharing options...
winkie Posted March 12, 2020 Share Posted March 12, 2020 21 minutes ago, 2rocketman said: The potential is there to make fortunes at the moment! Fortunes come and go. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 12, 2020 Share Posted March 12, 2020 Why did no one see the #MegaBubble in the wake of the 2008 collapse... Questions must be asked Quote Link to comment Share on other sites More sharing options...
thirdwave Posted March 12, 2020 Share Posted March 12, 2020 On 09/03/2020 at 15:08, crazypabs said: I cant believe the massive drops on the FTSE & DJ this morning, with a stop lock of 15mins being applied to the DJ index, and other stocks having a day suspension in trading!!! this is a S'Storm! Where is the Plunge Protection Team (remember that one?) when you need them?? Quote Link to comment Share on other sites More sharing options...
hurlerontheditch Posted March 12, 2020 Share Posted March 12, 2020 Ftse futures tomorrow down 8% Quote Link to comment Share on other sites More sharing options...
LetsBuild Posted March 12, 2020 Share Posted March 12, 2020 9 minutes ago, hurlerontheditch said: Ftse futures tomorrow down 8% I've kinda been preparing for this for 10 years and even i'm getting a bit concerned at this point! Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted March 12, 2020 Share Posted March 12, 2020 20 minutes ago, LetsBuild said: I've kinda been preparing for this for 10 years and even i'm getting a bit concerned at this point! thats a good sign to buy in. in 2008 i has this thought: 1. i buy in and make a killing on the recovery 2. I buy in and it does not recover and the economy collapses (in which case we are all fecked anyway) so basically just buy, if you dont buy the economy could collapse anyway and take whatever value you had anyway. maybe dont spunk it all straight away but buy progressively more as it falls. Quote Link to comment Share on other sites More sharing options...
APerson Posted March 12, 2020 Share Posted March 12, 2020 This is different from 2008. They can't cut interest rates more and QE gets less effective each time they do it. I predict some sort of crazy realignment/new economic paradigm or madmax world Quote Link to comment Share on other sites More sharing options...
longgone Posted March 12, 2020 Share Posted March 12, 2020 In a pandemic cash and it ability to pay rent utilities and food is the only value store. Shares wont mean much when millions are dead. Quote Link to comment Share on other sites More sharing options...
longgone Posted March 12, 2020 Share Posted March 12, 2020 4 hours ago, 2rocketman said: The potential is there to make fortunes at the moment! Where will you be investing Quote Link to comment Share on other sites More sharing options...
zilly Posted March 12, 2020 Share Posted March 12, 2020 4 hours ago, 2rocketman said: The potential is there to make fortunes at the moment! I have a spread betting account and there is the chance at the moment to short the heck out of everything. However, it only takes a few words from a central bankmeister or politician to swing the market wildly in the other direction and little guys like us lose their shirt in a matter of minutes... As for going long - who knows how and when this will end? Pumping money in may suit the speculators well and temporarily fix stock prices, but it doesn't fix supply chains... Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted March 12, 2020 Share Posted March 12, 2020 (edited) 1 hour ago, LetsBuild said: I've kinda been preparing for this for 10 years and even i'm getting a bit concerned at this point! Yes, the speed of things starting to unravel and panic at high levels is concerning, as is the number of people in government (and celebrities, Tom Hanks etc.) who are testing positive, underneath it all though there is a nagging feeling of orchestration that I can`t shake, anyone else feeling that? Edited March 12, 2020 by dances with sheeple Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted March 12, 2020 Share Posted March 12, 2020 12 minutes ago, zilly said: I have a spread betting account and there is the chance at the moment to short the heck out of everything. However, it only takes a few words from a central bankmeister or politician to swing the market wildly in the other direction and little guys like us lose their shirt in a matter of minutes... As for going long - who knows how and when this will end? Pumping money in may suit the speculators well and temporarily fix stock prices, but it doesn't fix supply chains... So far everything they are saying is crashing it harder though? Not really convinced they are as smart as we (and they) think.... Quote Link to comment Share on other sites More sharing options...
longgone Posted March 12, 2020 Share Posted March 12, 2020 27 minutes ago, dances with sheeple said: Yes, the speed of things starting to unravel and panic at high levels is concerning, as is the number of people in government (and celebrities, Tom Hanks etc.) who are testing positive, underneath it all though there is a nagging feeling of orchestration that I can`t shake, anyone else feeling that? Every media story of a death says the patient had underlying health issues like they are pre scripted. Covid19 is the perfect cover story to hide the failures of the economy, just blame it on an invisible force. Milk tray man could be real. Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted March 12, 2020 Share Posted March 12, 2020 Bloomberg messing it`s pants over the vibe from the ECB that they won`t or can`t bail everybody out this time, bankers and bankers lackeys are looking very nervous today. Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted March 12, 2020 Share Posted March 12, 2020 7 minutes ago, longgone said: Every media story of a death says the patient had underlying health issues like they are pre scripted. Covid19 is the perfect cover story to hide the failures of the economy, just blame it on an invisible force. Milk tray man could be real. What would be the desired result of doing this though, total re-set, make people take their losses on things like property for example, get proper lending going again? Although it feels too orchestrated I still can`t see the point of trashing the global economy at this stage or any stage (not that I am not enjoying the show BTW) Quote Link to comment Share on other sites More sharing options...
longgone Posted March 12, 2020 Share Posted March 12, 2020 21 minutes ago, dances with sheeple said: What would be the desired result of doing this though, total re-set, make people take their losses on things like property for example, get proper lending going again? Although it feels too orchestrated I still can`t see the point of trashing the global economy at this stage or any stage (not that I am not enjoying the show BTW) It is hard to tell with the mega gains accumulated over the past 10 years, at some point there will need to be some kind of reset take the recent change in law to make bail ins and emergency funding hidden from public view. a virus scapegoat seems the perfect storm to hide all of this crap in. Maybe the flow of money out is the marker of this scam maybe it has been orchestrated to drop lower a lot lot lower, you can bet your life if this is man made the big money left on the first sniff of a wobble after all most humans think in herd mentality. Its a very dangerous game to play though No rules no half time. winners would of got out first and holed up somewhere remote till it dies down. Then again i maybe talking BS ? Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted March 12, 2020 Share Posted March 12, 2020 I think the credit markets are going to blow up. Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted March 12, 2020 Share Posted March 12, 2020 21 minutes ago, dances with sheeple said: I think the credit markets are going to blow up. I think that the system is about to blow...if the markets suffer another significant drop tomorrow we really are in uncharted territory. Quote Link to comment Share on other sites More sharing options...
longgone Posted March 12, 2020 Share Posted March 12, 2020 Maybe wise to keep some cash at home Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted March 12, 2020 Share Posted March 12, 2020 32 minutes ago, Roman Roady said: I think that the system is about to blow...if the markets suffer another significant drop tomorrow we really are in uncharted territory. Yep, will certainly be an interesting day. Quote Link to comment Share on other sites More sharing options...
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