dude wheres my house Posted March 14, 2007 Share Posted March 14, 2007 What is going on why is it happening and what will it do next? Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted March 14, 2007 Share Posted March 14, 2007 Just opened Quote Link to comment Share on other sites More sharing options...
the end is a bit nigher Posted March 14, 2007 Share Posted March 14, 2007 Just opened up 15, though for how long, who knows Quote Link to comment Share on other sites More sharing options...
Realistbear Posted March 14, 2007 Share Posted March 14, 2007 Crash cancelled for today??? : DOW JONES INDUSTRIAL AVERAGE I (DJI:^DJI) Delayed quote data Edit Index Value: 12,115.54 Trade Time: 9:33AM ET Change: Up 39.58 (0.33%) Prev Close: 12,075.96 Open: 12,074.52 Day's Range: 12074.44 - 12117.30 52wk Range: 10,653.20 - 12,845.80 Oversold yesterday. IMO, it will still end up down 1% or more. Nothing has changed, the banks are still in trouble and credit is still tightening and house prices are still crashing. Quote Link to comment Share on other sites More sharing options...
TwentyOneEleven Posted March 14, 2007 Share Posted March 14, 2007 Slipping ... up only 20 now! Early doors though ... need to give it a while to settle! Quote Link to comment Share on other sites More sharing options...
It is different this time Posted March 14, 2007 Share Posted March 14, 2007 Nothing has changed, the banks are still in trouble and credit is still tightening and house prices are still crashing. Thanks for the good news Quote Link to comment Share on other sites More sharing options...
the end is a bit nigher Posted March 14, 2007 Share Posted March 14, 2007 Nothing has changed, the banks are still in trouble and credit is still tightening and house prices are still crashing. I am not aware of a single UK bank that is in trouble. Quote Link to comment Share on other sites More sharing options...
Guest The_Oldie Posted March 14, 2007 Share Posted March 14, 2007 Slipping ... up only 20 now! Early doors though ... need to give it a while to settle! Negative now. Index Value: 12,067.55 Trade Time: 1:50PM Change: Down 8.41 (0.07%) Quote Link to comment Share on other sites More sharing options...
TwentyOneEleven Posted March 14, 2007 Share Posted March 14, 2007 I am not aware of a single UK bank that is in trouble. Not sure the Barclays share holders would agree with you ... http://www.advfn.com/p.php?pid=qkquote&...amp;x=0&y=0 DOW in negative numbers now!!! Quote Link to comment Share on other sites More sharing options...
azogar Posted March 14, 2007 Share Posted March 14, 2007 I am not aware of a single UK bank that is in trouble. are HSBC in trouble http://news.bbc.co.uk/1/hi/business/6418365.stm Quote Link to comment Share on other sites More sharing options...
dude wheres my house Posted March 14, 2007 Author Share Posted March 14, 2007 are HSBC in trouble http://news.bbc.co.uk/1/hi/business/6418365.stm Not just a british bank. Full name "Hong Kong Shanghai Banking Corp" Quote Link to comment Share on other sites More sharing options...
Realistbear Posted March 14, 2007 Share Posted March 14, 2007 Ere we go, ere we go, ere we go, ay-orrrrr ay-orrrrrrrrrrrrrrrr DOW JONES INDUSTRIAL AVERAGE IN (DJI:^DJI) Edit Index Value: 12,057.94 Trade Time: 2:02PM Change: Down 18.02 (0.15%) Prev Close: 12,075.96 Open: 12,074.52 Day's Range: 12,057.94 - 12,118.82 52wk Range: 11,929.00 - 12,845.80 Volume: 39,427,238 Quote Link to comment Share on other sites More sharing options...
TwentyOneEleven Posted March 14, 2007 Share Posted March 14, 2007 Around negative 30 at the moment! Quote Link to comment Share on other sites More sharing options...
Woot Posted March 14, 2007 Share Posted March 14, 2007 What is going on why is it happening and what will it do next? Go to Bloomberg.com - you don't have the same delay probs as on the bbc site. Quote Link to comment Share on other sites More sharing options...
TwentyOneEleven Posted March 14, 2007 Share Posted March 14, 2007 Go to Bloomberg.com - you don't have the same delay probs as on the bbc site. or http://www.advfn.com/ Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted March 14, 2007 Share Posted March 14, 2007 are HSBC in trouble http://news.bbc.co.uk/1/hi/business/6418365.stm "HSBC said bad debt provisions for 2006 would be about $10.5bn (£5bn) as a result of the slowing housing market in the US. The bank is facing substantial bad debts because of US mortgage defaults." In some areas... Quote Link to comment Share on other sites More sharing options...
dude wheres my house Posted March 14, 2007 Author Share Posted March 14, 2007 excellent graph http://finance.yahoo.com/charts#chart2:sym...ource=undefined Quote Link to comment Share on other sites More sharing options...
OverInflated Posted March 14, 2007 Share Posted March 14, 2007 The question will be, how long can the Dow maintain levels about 12,000. A sustained break through that could be very significant. Quote Link to comment Share on other sites More sharing options...
OLDFTB Posted March 14, 2007 Share Posted March 14, 2007 So what was all the fuss about? Quote Link to comment Share on other sites More sharing options...
dude wheres my house Posted March 14, 2007 Author Share Posted March 14, 2007 Graph looks like somone flat-lining on an ECG now. Place your bets up or down i go down 0.75% Quote Link to comment Share on other sites More sharing options...
feltsorryfor Posted March 14, 2007 Share Posted March 14, 2007 if it breaks this 12039 resisatnce fully we could be in for some fun Quote Link to comment Share on other sites More sharing options...
the end is a bit nigher Posted March 14, 2007 Share Posted March 14, 2007 how do we define a 'bank in trouble'? - if we mean higher bad debt provision than would be liked then maybe a few are - if we mean the above but with record profits then I suggest none Quote Link to comment Share on other sites More sharing options...
Guest wrongmove Posted March 14, 2007 Share Posted March 14, 2007 Ere we go, ere we go, ere we go, ay-orrrrr ay-orrrrrrrrrrrrrrrr Quote Link to comment Share on other sites More sharing options...
feltsorryfor Posted March 14, 2007 Share Posted March 14, 2007 just broke resistance, in theory should see bigger falls now (to 12000?) Quote Link to comment Share on other sites More sharing options...
Catch22 Posted March 14, 2007 Share Posted March 14, 2007 It's on the point of spilling its guts..........there again it could consolidate, but overall trend direction is more important that micro movement on a daily basis. What you have got to ask yourself, is the big money buying the dips or selling the rallies? Five days to build a rally, one day to demolish it. Couple of week back 12350 was seen as the rock that would support any pull back in the market. Yesterday and the day after the big drop it has proved to be the area of Resistance thwarting the reaction rallies. 12012.......12011........10....15....12.. as I write Quote Link to comment Share on other sites More sharing options...
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