Jump to content
House Price Crash Forum

Black Thursday (20.03.2008)


Recommended Posts

0
HOLA441

OK. This one is not grey. It's looking decidedly black and I am going to have my first 2008 guess and say that this ....is....it!!!!

Such a sharp fall after such a sharp rebound implies that the people are seeing through the 'sticking plaster fix'.

The show starts in Japan in around an hour!!!

Edited by Ed Norton
Link to comment
Share on other sites

1
HOLA442
OK. This one is not grey. It's looking decidedly black and I am going to have my first 2008 guess and say that this ....is....it!!!!

Such a sharp fall after such a sharp rebound implies that the people are seeing through the 'sticking plaster fix'.

The show starts in Japan in around an hour!!!

A lot of people (mainly the senior staff) won't be around (or leave work early) because of the Easter hols. Not sure if this will make things better or worse!

Link to comment
Share on other sites

2
HOLA443
OK. This one is not grey. It's looking decidedly black and I am going to have my first 2008 guess and say that this ....is....it!!!!

Such a sharp fall after such a sharp rebound implies that the people are seeing through the 'sticking plaster fix'.

The show starts in Japan in around an hour!!!

....I disagree...we seem to get a day with minimal gains / falls, followed by a day of big falls followed by a day of big gains.

It's all to pot out there! I think -150 falls tomorrow on the FTSE with similar gains on the DOW. But hell, what do I know.....it's getting stupid out there.

Link to comment
Share on other sites

3
HOLA444
4
HOLA445
A lot of people (mainly the senior staff) won't be around (or leave work early) because of the Easter hols. Not sure if this will make things better or worse!

Suppose you could be right on that one. Im not a trader, so someone feel free to shoot me down in flames: but generally speaking, doesn't:

Decreased staff = decreased trading volumes = increased volatility?

Wasn't some of the volatility last August put down to decreased trading volumes because many traders were off on holiday?

Like I say, feel free to shoot that down in flames.....

Link to comment
Share on other sites

5
HOLA446
Suppose you could be right on that one. Im not a trader, so someone feel free to shoot me down in flames: but generally speaking, doesn't:

Decreased staff = decreased trading volumes = increased volatility?

Wasn't some of the volatility last August put down to decreased trading volumes because many traders were off on holiday?

Like I say, feel free to shoot that down in flames.....

Indeed. The great crash of 1987 was on a day when many traders couldn't get to their desks because of the great storm the night before...

Link to comment
Share on other sites

6
HOLA447

I'm not a Black Day kind of guy. But it seems to me that there's a great expectation for one fairly soon. Can't we come up with a trading system that cuts out the weak point (man) and replace completely with an automated computerized trading network, taking input from a set range of circumstances, and it's own environmentlal feedback from the internet? I can conceptualize a core algorythm which might do the (very) basics, surely the city has enough money to produce a system which deals money without the need for men to shout at one another and incidentally shaft the ordinary man; seems rather primative. Like I say, I'm not a city Black day kind of person, just a "computer nerd".

I suppose though that would mean our politicians and financiers having to announce decisions that were based entirely on logic, and cast aside their own egos...

Link to comment
Share on other sites

7
HOLA448
I'm not a Black Day kind of guy. But it seems to me that there's a great expectation for one fairly soon. Can't we come up with a trading system that cuts out the weak point (man) and replace completely with an automated computerized trading network, taking input from a set range of circumstances, and it's own environmentlal feedback from the internet? I can conceptualize a core algorythm which might do the (very) basics, surely the city has enough money to produce a system which deals money without the need for men to shout at one another and incidentally shaft the ordinary man; seems rather primative. Like I say, I'm not a city Black day kind of person, just a "computer nerd".

I suppose though that would mean our politicians and financiers having to announce decisions that were based entirely on logic, and cast aside their own egos...

yeah its called a 'trading host' been around for ages....

torrow is triple witching hour thursday where march expirys happen....

Link to comment
Share on other sites

8
HOLA449
9
HOLA4410

There's a very good chance the markets will fall tomorrow, due to the after close news about Thornburg Mortgage:

http://news.bbc.co.uk/1/hi/business/7305708.stm

It further adds to the negative sentiment and the general belief there's yet more banks and lenders likely to become unstuck.

But at the same time, if you bought HBOS shares yesterday, they could rebound quite nicely for a quick profit.

Link to comment
Share on other sites

10
HOLA4411
11
HOLA4412
12
HOLA4413
13
HOLA4414
Guest tenant super
OK. This one is not grey. It's looking decidedly black and I am going to have my first 2008 guess and say that this ....is....it!!!!

Such a sharp fall after such a sharp rebound implies that the people are seeing through the 'sticking plaster fix'.

The show starts in Japan in around an hour!!!

Ed , please could you add a subheading to your thread "AKA Black Maunday", it's just too good an opportunity to miss. :lol:

Link to comment
Share on other sites

14
HOLA4415
15
HOLA4416

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...
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information