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homeless

The Last Black Monday Thread

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Ok after watching many black day failures on here, jump the gun.Im gonna to post the real one.

WELCOME TO BLACK MONDAY

This will be it people

Edited by homeless

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Ok after watching many black day failures on here, jump the gun.Im gonna to post the real one.

WELCOME TO BLACK MONDAY

This will be it people

We have all the ingredients for a very bad day on the stock market tomorrow if let to it's own devices, however given that we can come to this conclusion they will be very prepared for this one as they have been on countless other critical days.

Expect the Nikkei and World markets to have a very bad run, bottoming out around 11 am -12pm gmt before the DOW futures recover from their morning lows. This will take the edge off the inevitable initial fall and will be followed by a massive injection like we saw on Friday where the market was crashing but they nipped in the bud. We got a bounce of 150 after a 300 point fall in 10 mins. They then lifted the market in their customary way at the end of the day trying to get it above 12,000 which they felt would offer encouragement to the world markets on Monday.

They failed which is why it will be a messy start to Monday. I really can't see how they can keep it up but so far they are the only reason why we are not further into this crash than we are.

You mention how there have been many black threads, most a bit premature but many had the potential only to be thwarted by manipulation in it's many guises. You may also fall victim to this.

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Edited by Confounded

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It's Ok I've got a supply of penguins and the kettle at the ready, and even dug out the old colostomy bag so I don't miss a thing, will be glued to the screen to watch the markets open here and then in New York later....

(rubs knees in excitement) :lol:

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Sorry but this is a no-news story. The market will be its usual choppy self - swings maybe ... nothing dramatic tomorrow.

Deag.

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Sorry but this is a no-news story. The market will be its usual choppy self - swings maybe ... nothing dramatic tomorrow.

In all probability, you're right. It's only a matter of time though.

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Guest vicmac64

I'll go with a massive crash this week - Mon it might be but before the week is out there will be fireworks....

And Gold is going up up up

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Sorry but this is a no-news story. The market will be its usual choppy self - swings maybe ... nothing dramatic tomorrow.

Deag.

This is far from a non event! The choppiness you talk about is not normal, it is due to everyone in the city knowing how bad it is but not braking ranks from the US markets. As long as they can keep preventing the crash on the US markets it wont result in a crash here or around the World. They may achieve it and just deflate the market with a thousand cuts, or they may fail.

We are far from markets being driven by future profit and market fundamentals, this is a battle to save our entire financial system!

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Guest muttley
it is due to everyone in the city knowing how bad it is but not braking ranks from the US markets.!

Yes, because the City boys are all a bunch of socialists, who wouldn't want to put their personal financial welfare before that of their fellow man.

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Ok after watching many black day failures on here, jump the gun.Im gonna to post the real one.

WELCOME TO BLACK MONDAY

This will be it people

:lol::rolleyes: whatever.

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I predicted one about two weeks ago, ending being more of a grey day. To be honest I think you are very wrong I think there's going to be a huge bounce on Monday.....FTSE 150+ up and the Dow 300 + up.

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This monday, next tuesday NEXT MONTH lets get it over and done with, then we can all get back to normality. ;)

Edited by winkie

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I think the biggest stumbling block to a meaningful market correction (crash) is the Pension fund holdings and inflows. If the markets really tank where will this money go? I mean think about it, every week in every OECD country billions and billions come out of salary and wage earners pays and they go into the markets, the real estate markets, share markets, into places like Bear Stearns? If they collapse too far too fast the people will see their future retirement savings eviscerated. They would riot in the streets, anarchy!

That doesn't mean it won't happen though...

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I predicted one about two weeks ago, ending being more of a grey day. To be honest I think you are very wrong I think there's going to be a huge bounce on Monday.....FTSE 150+ up and the Dow 300 + up.

Oh no another stock ramper.................not you too dubsie? FP is enough!!!

Just to reiterate a lot of polite posters on here - where is the data, where is the rationale - the economies of the western world are going to hell in a handcart - even the tobacco companies may feel pinched in what is ahead.................... this is denial in a grand preposterous Darlingesque dimension.........

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In all probability, you're right. It's only a matter of time though.

Agreed, at some point it will fall hard again.

A good crash will soon sort out the markets. More losses, less lending, cash as king.

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The FTSE 100 has gone nowhere in 10 years. It's hard to imagine an enduring bull market starting anytime soon in the broad stock markets.

I think we've been in a bear market since 2000. All we have to look forward to is rallies in this bear market 'til around 2017. We must have single digit p/e ratios before we know the bottom is in.

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Yes, because the City boys are all a bunch of socialists, who wouldn't want to put their personal financial welfare before that of their fellow man.

It is an interesting point, but they are not doing it for the good of fellow man, this has to be direction from above and for the good of their organisations. The are in the middle of a credit crisis and the last thing they need/want is a collapse of the stock market on top of that.

To have had the stability we have seen throughout this crisis if must have the coordination of the major investment banks working together with the FED. It is my view that this cooperating is gradually drawing to a close as the situation worsens. As you point out banks will start to think of themselves when it becomes clear they are on the brink of all going down together, there will be a feeding frenzy in the aftermath and you will get your capitalism!

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The FTSE 100 has gone nowhere in 10 years. It's hard to imagine an enduring bull market starting anytime soon in the broad stock markets.

I think we've been in a bear market since 2000. All we have to look forward to is rallies in this bear market 'til around 2017. We must have single digit p/e ratios before we know the bottom is in.

Tell me about it. I bought a FTSE tracker in summer 2000...only to see it dive 1000 points 9 months later. It was bad timing on my part but you can't time these things...

Nevertheless, I would never buy another FTSE tracker again...much better investment opportunities outside U.K. For those who think the FTSE is going to recover are dreaming. It's heading to 3500-4000 in next two years...

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Just to reiterate a lot of polite posters on here - where is the data, where is the rationale - the economies of the western world are going to hell in a handcart - even the tobacco companies may feel pinched in what is ahead.................... this is denial in a grand preposterous Darlingesque dimension.........

and the rationale behind your prediction is?

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and the rationale behind your prediction is?

Mate, I can't speak for Dr House, but I agree with him. My reasoning is that the full ramifications of 'le crunch de credit' are yet to be recognised by the vast majority of ordinary people and I suspect many of the 'big boys' are also thinking this may all blow over.

In my view, it is not going to blow over. It is going to get a lot worse once the housing market starts to deteriorate properly (what we have seen so far is just the fizzling of the burning fuse IMHO). Once it becomes clear that the NR situation is not isolated and that there are plenty of other (high street) banks that have been running a not dissimilar business model, that is when things will start to get very interesting indeed (and not necessarily in a good way!). How can the stockmarket be fully pricing all this in when the average guy on the street thinks this is all going to have blown over in 6 months?

I also think that this week (Maybe Monday, maybe later in the week) is going to be when TSHTF.

But I have been wrong before so that's probably just jinxed it...

What do I know? :-)

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What do I know? :-)

I think you know a lot, as do many on here. I also agree that many bosses in particular are in denial about the impact that lending criteria will have on their business. e.g. a company whose clients were mainly sub-prime lenders might well struggle more than it expected to do. However, I don't believe the financial markets are going to collapse completely. Certainly not while the same people on here are recommending buying commodities, the miners of which make up >30% of the FTSE 100 weighting.

I'll meet you in the canteen at 8 to discuss if you like ;)

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  • 292 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%



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