Jump to content
House Price Crash Forum
Sign in to follow this  
Realistbear

F T S E Tanking Today - Down 73 At The Off

Recommended Posts

FTSE 100 (FSI:^FTSE) Edit

Index Value: 5,787.40

Trade Time: 8:15AM

Change: Down 73.10 (1.25%)

Prev Close: 5,860.50

Open: 5,860.50

Day's Range: 5,787.40 - 5,860.50

52wk Range: 5,130.90 - 6,137.10

CAC 40 (France) 4,970.77 8:41 Down -54.38 (-1.08%)

^GDAXI DAX (Germany) 5,612.67 8:26 Down -90.14 (-1.58%)

http://uk.biz.yahoo.com/060810/323/gj4xg.html

Thursday August 10, 08:32 AM
London shares open lower, spooked by thwarted terror plot, US inflation worries
LONDON (AFX) - Leading shares opened lower as news that Scotland Yard thwarted a major
terrorist plot
weighed on sentiment, and while US investors remained cautious following
hawkish comments from the Fed
on Tuesday, dealers said.

FTSE 100 (FSI:^FTSE) Edit

Index Value: 5,765.50

Trade Time: 8:58AM

Change: Down 95.00 (1.62%)

Prev Close: 5,860.50

Open: 5,860.50

Day's Range: 5,764.30 - 5,860.50

52wk Range: 5,130.90 - 6,137.10

Could it break below 5700 today? If it does, its a lot more than terrorism that is spooking the market.

FTSE 100 (FSI:^FTSE) Edit

Index Value: 5,756.70

Trade Time: 9:02AM

Change: Down 103.80 (1.77%)

Prev Close: 5,860.50

Open: 5,860.50

Day's Range: 5,754.30 - 5,860.50

52wk Range: 5,130.90 - 6,137.10

CAC 40 (France) 4,944.40 9:03 Down -80.75 (-1.61%)

^GDAXI DAX (Germany) 5,608.64 8:49 Down -94.17 (-1.65%)

:unsure:

Sterling breaks 1.90 for the first time since Ben announced a temporary hold on IR:

1 U.K. £ =

1 1.8991

Edited by Realistbear

Share this post


Link to post
Share on other sites

down 99 on my screen :huh:

maybe all yesterday's negative news about inflation is sinking in ?

cheers BBC !

Another storm in a tea cup compared with the real problems in the world:

FTSE 100 (FSI:^FTSE) Edit

Index Value: 5,779.10

Trade Time: 9:45AM

Change: Down 81.40 (1.39%)

Prev Close: 5,860.50

Open: 5,860.50

Day's Range: 5,752.60 - 5,860.50

52wk Range: 5,130.90 - 6,137.10

Share this post


Link to post
Share on other sites

Persoanally, I think this mornings "airline terrorism" is a PR stunt for ID cards - I'm fully expecting the ID cards PR machine to go into overdrive in the next few days...

Edited by dnd

Share this post


Link to post
Share on other sites

Persoanally, I think this mornings "airline terrorism" is a PR stunt for ID cards - I'm fully expecting the ID cards PR machine to go into overdrive in the next few days...

Suspect you're right. Once its tied to spending and they track every thing sold in the UK they'll be able to spy so much easier.

Share this post


Link to post
Share on other sites
Guest Alright Jack

Persoanally, I think this mornings "airline terrorism" is a PR stunt for ID cards - I'm fully expecting the ID cards PR machine to go into overdrive in the next few days...

What's bothering me also is that there is no effective opposition. To my mind, Cameron is a buffoon. More over, he is a baffoon on a bike followed by his briefcase in a car. Is this really the best the conservatives had to offer?

I think the political system is increasingly looking like a red herring.

"Pay no attention to that man behind the curtain!"

Share this post


Link to post
Share on other sites

Persoanally, I think this mornings "airline terrorism" is a PR stunt for ID cards - I'm fully expecting the ID cards PR machine to go into overdrive in the next few days...

We will hopefully get to see the mug shots of the 21 people arrested today. I wonder if they were members of sleeper cells or "tourists." If the former we can no dounbt expect another round of racial profiling and Moslem-bashing in the streets and in the ppress. Playing right into the hands of the Terrorists. Marginalise even more Moslems. Bottom line: can't see how TB and GB would have paid whoever it was to try to smuggle liquid explosives on board planes and disrupt worldwide air traffic to raise support for ID cards.

Genetic-DNA ID would be more effective but this woud require imbedding a mico-chip in the arm or perhaps on the forehead for scanners to read easily. Not sure how far along this technology is but I understand some countries have developed such a thing. I was going to bring my dog back to the UK a few years ago and he was fitted with a tiny id chip as an alternative to the farcical 6 months quarantine system. Rabies takes about 48 hours to show up so I have no idea why they keep the 6 month scam going other than to line the kennel's pockets.

The ID card business is nonsense--we already have passports. If those who tried to blow up the planes today were from overseas they would not be in possession of one of TB's expensive, stealth tax, NuLabour surveillance style cards.

Edited by Realistbear

Share this post


Link to post
Share on other sites

ID cards wouldn't have stopped any of the terrorist attacks that have taken place recently. If the masses put up with these incidents as a reason for agreeing to ID cards then humanity is doomed as we clearly don't have enough intelligent people left to breed.

Share this post


Link to post
Share on other sites

I think the political system is increasingly looking like a red herring.

The faces change in politics, like corporations and CEO's, but, ultimately, like the corporations, we are at the mercy of the macroeconomic situation

(expect when we buy ourselves out of it with debt - like the UK did during the last cycle)

Edited by dnd

Share this post


Link to post
Share on other sites

What's bothering me also is that there is no effective opposition. To my mind, Cameron is a buffoon. More over, he is a baffoon on a bike followed by his briefcase in a car. Is this really the best the conservatives had to offer?

I think the political system is increasingly looking like a red herring.

"Pay no attention to that man behind the curtain!"

I think I am tending to agree with this. The "green" thing the Tories are on is ridiculous. Not because I am not pro-enviroment but the way in which it is being portrayed as the answer to our problems. I have a sinking feeling that we may have another 8 years or so of NuLabour as the Libdems are no hopers. I wonder if they could clone Maggie?

Share this post


Link to post
Share on other sites

Genetic-DNA ID would be more effective but this woud require imbedding a mico-chip in the arm or perhaps on the forehead for scanners to read easily.

The ID card business is nonsense--we already have passports. If those who tried to blow up the planes today were from overseas they would not be in possession of one of TB's expensive, stealth tax, NuLabour surveillance style cards.

Imagine the horror of being implanted with a chip of some kind.

It's the modern equivalent of a Jewish holocaust victim's tattoo!

I wouldn't bet against it happening in Britain one day.

Share this post


Link to post
Share on other sites

Immigration policy, in additon to 'terrorism', is also being used promote ID cards as well as surpressing our wages and increasing inflation through increasing council taxes, BTL demand and, now, ID cards (when we eventually have to pay for them and the agency that will administer it)

It's nice to know that I'm paying (taxed money) to lower my standard of living...

:lol:

Edited by dnd

Share this post


Link to post
Share on other sites

What's bothering me also is that there is no effective opposition. To my mind, Cameron is a buffoon. More over, he is a baffoon on a bike followed by his briefcase in a car. Is this really the best the conservatives had to offer?

I think the political system is increasingly looking like a red herring.

"Pay no attention to that man behind the curtain!"

The 'Tory' Party really are scum. We all know the Socialists are lousy traitors but the 'Tories' have constantly stabbed their own supporters in the back by following the Left's agenda. Indeed, the Left have won every cultural battle since the war.

The 'Tories' broght in all these third world immigrants wreaking havoc today, they have presided over a breakdown in law & order and the family unit - all whilst waving the Union Flag proclaiming what great patriots and traditionalists they are!!!!

Our system of democracy is nothing but a sham - the three main parties operate a Mafia. They're all rotten as far as I'm concerned. Being Jewish, I could never support the BNP, so I guess UKIP are the best bet to kick the NU establishment up their jacksy. If only we had someone like John Howard, George Bush, Chirac, Maggie - actually standing up for their own citizens.

Rant over.

Share this post


Link to post
Share on other sites

Tories have it all sorted:

"Patrick Mercer, the Conservatives' shadow security minister, called on the government to issue a fresh round of public information pamphlets to ensure that the public knew "what to do" in response to the alert level change.

"It would be very helpful, rather than telling us it is 'critical', if people know what to do," he said."

tw@t.

Edited to reinstate invective

Edited by Lionel Richtea

Share this post


Link to post
Share on other sites

Almost back to normal:

FTSE 100 (FSI:^FTSE) Edit

Index Value: 5,832.10

Trade Time: 4:14PM

Change: Down 28.40 (0.48%)

Prev Close: 5,860.50

Open: 5,860.50

Day's Range: 5,752.60 - 5,860.50

52wk Range: 5,130.90 - 6,137.10

Pound off a couple of cents:

1 U.K. £ =

1 1.8902

All in all, it shows you that the market is pretty much immune to terrorism now and is treating it like another day at the office.

DOW see it all as good news:

DJ INDUSTR AVERAGE (DJI:^DJI) Edit

Index Value: 11,107.96

Trade Time: 4:17PM

Change: Up 31.78 (0.29%)

Prev Close: 11,076.18

Open: 11,073.14

Day's Range: 11,044.72 - 11,110.04

52wk Range: 10,653.20 - 11,709.10

Volume: 73,205,160

The driving news there is better performance in exports. The lower dollar is working. Meanwhile, we are losing exports because of an overvalued pound--muggins again? :angry:

http://biz.yahoo.com/ap/060810/economy.html?.v=9

AP
Thursday August 10, 10:50 am ET
By Martin Crutsinger, AP Economics Writer
U.S. Trade Deficit Narrows Slightly As Record Exports Offset Surge in Oil Prices
WASHINGTON (AP) -- America's trade deficit improved slightly in June as record sales of U.S. farm products and other exports blunted the impact of soaring crude oil prices.
The deficit for June dipped 0.3 percent to $64.8 billion, which was still the fifth largest deficit on record. The imbalance in May was revised to $64.97 billion, $1.1 billion higher than the initial estimate a month ago as late data showed bigger shipments of oil and consumer goods than originally reported .
Edited by Realistbear

Share this post


Link to post
Share on other sites

Full ramifications setting in near the close. Billions lost on tourism. Airlines already on brink may go under. Thousands of jobs in related industries at risk....

FTSE 100 (FSI:^FTSE) Edit

Index Value: 5,823.40

Trade Time: 4:35PM

Change: Down 37.10 (0.63%)

Prev Close: 5,860.50

Open: 5,860.50

Day's Range: 5,752.60 - 5,860.50

52wk Range: 5,130.90 - 6,137.10

1 U.K. £ =

1 1.8888

Share this post


Link to post
Share on other sites

RB - re-read your last two posts. To contradict yourself like that in consecutive posts is absurd

How is he contridicting himself?

basically first one was markets dont seem to bothered(albiet down a tad bit)....but underlying fact is he is right, today alot of money around the world has been essentially flushed down the loo.

In all he is just interpreting the market changes but the fact remains there is alot of lost money today.

Share this post


Link to post
Share on other sites

RB - re-read your last two posts. To contradict yourself like that in consecutive posts is absurd

The market can sometimes be a contradictory place. <_<

How is he contridicting himself?

basically first one was markets dont seem to bothered(albiet down a tad bit)....but underlying fact is he is right, today alot of money around the world has been essentially flushed down the loo.

In all he is just interpreting the market changes but the fact remains there is alot of lost money today.

About sums it up--thanks! :)

Share this post


Link to post
Share on other sites

How is he contridicting himself?

basically first one was markets dont seem to bothered(albiet down a tad bit)....but underlying fact is he is right, today alot of money around the world has been essentially flushed down the loo.

In all he is just interpreting the market changes but the fact remains there is alot of lost money today.

Down 28.4 points - RB's comment "Almost back to normal"

Down 37.10 points - RB's comment "Full ramifications setting in"

Absurd

Share this post


Link to post
Share on other sites

Down 28.4 points - RB's comment "Almost back to normal"

Down 37.10 points - RB's comment "Full ramifications setting in"

Absurd

If the FTSE had risen 50 the comment might have then been something like: "market recovers." or "threat to stocks appears to evapourate" etc.

Markets are often driven by the sentiment of the day so you can expect comments to change along with them. You wouldn't want to say that everything appears to be back to normal if the market had dropped 100 ponts for example. As it was, I made the comment when the market had regained most of its losses and appeared to be almost back to normal.

Share this post


Link to post
Share on other sites
Guest wrongmove

RB - re-read your last two posts. To contradict yourself like that in consecutive posts is absurd

To draw any conclusions from minute-by-minute analysis of sub-percentage point market movements is absurd IMO.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.