D'artagnan Posted March 19, 2008 Share Posted March 19, 2008 (edited) 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 March 20, 2008 by Ed Norton Quote Link to comment Share on other sites More sharing options...
MRMX9 Posted March 19, 2008 Share Posted March 19, 2008 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! Quote Link to comment Share on other sites More sharing options...
Not Long Now Posted March 19, 2008 Share Posted March 19, 2008 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. Quote Link to comment Share on other sites More sharing options...
Guest Skint Academic Posted March 19, 2008 Share Posted March 19, 2008 Definitely a black Thursday. Have you seen the pressure charts? I have to walk back from the job centre tomorrow! http://www.bbc.co.uk/weather/coast/pressure/#no_url Quote Link to comment Share on other sites More sharing options...
Not Long Now Posted March 19, 2008 Share Posted March 19, 2008 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..... Quote Link to comment Share on other sites More sharing options...
Thread Killer Posted March 19, 2008 Share Posted March 19, 2008 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... Quote Link to comment Share on other sites More sharing options...
jammo Posted March 19, 2008 Share Posted March 19, 2008 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... Quote Link to comment Share on other sites More sharing options...
jonpo Posted March 19, 2008 Share Posted March 19, 2008 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.... Quote Link to comment Share on other sites More sharing options...
jammo Posted March 19, 2008 Share Posted March 19, 2008 yeah its called a 'trading host' been around for ages....torrow is triple witching hour thursday where march expirys happen.... Guess they need to whitelist hpc.com on the system Quote Link to comment Share on other sites More sharing options...
hostman Posted March 20, 2008 Share Posted March 20, 2008 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. Quote Link to comment Share on other sites More sharing options...
Compounded Posted March 20, 2008 Share Posted March 20, 2008 It will happen one day soon. Probably when everyone on here has got so fed up with Black Monday, Tuesday etc. threads that come to naught, that nobody could be bothered to start one. I thought this was it on Sunday night, but no not yet. Quote Link to comment Share on other sites More sharing options...
MRMX9 Posted March 20, 2008 Share Posted March 20, 2008 Well the Kiwis and Aussies have opened - Aussies down 2.7% and Kiwis down 1.5% so far. Could this be it http://uk.finance.yahoo.com/m2 Quote Link to comment Share on other sites More sharing options...
jammo Posted March 20, 2008 Share Posted March 20, 2008 Hey as long as there is corruption and city spiv activity, there will be Black Thursdays Quote Link to comment Share on other sites More sharing options...
Guest tenant super Posted March 20, 2008 Share Posted March 20, 2008 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. Quote Link to comment Share on other sites More sharing options...
D'artagnan Posted March 20, 2008 Author Share Posted March 20, 2008 Ed , please could you add a subheading to your thread "AKA Black Maunday", it's just too good an opportunity to miss. done - good one! Quote Link to comment Share on other sites More sharing options...
Timil Posted March 20, 2008 Share Posted March 20, 2008 1987 Yer big Wind was Thursday night/ Friday Morning crash was on the following Monday all trees out of the road etc. Quote Link to comment Share on other sites More sharing options...
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