Home_To_Roost Posted July 10, 2008 Share Posted July 10, 2008 (edited) After yesterday's rally, the bulls must have been re-assured. Currently, the FTSE 100 is down 122.8, which is 20% down on the 52-wk peak. We are back in the Bear Market Zone do they know something we dont..... Edited July 10, 2008 by Home_To_Roost Quote Link to comment Share on other sites More sharing options...
Guest The_Oldie Posted July 11, 2008 Share Posted July 11, 2008 FTSE has just fallen to a new 52 week low, according to Yahoo. http://uk.finance.yahoo.com/q/bc?s=^FTSE&a...&q=l&c= Index Value: 5,319.60 Trade Time: 12:14PM Change: Down 87.20 (1.61%) Prev Close: 5,406.80 Open: 5,406.80 Day's Range: 5,319.60 - 5,461.80 52wk Range: 5,338.70 - 6,610.90 Quote Link to comment Share on other sites More sharing options...
CharlieChuck Posted July 11, 2008 Share Posted July 11, 2008 FTSE has just fallen to a new 52 week low, according to Yahoo.http://uk.finance.yahoo.com/q/bc?s=^FTSE&a...&q=l&c= Index Value: 5,319.60 Trade Time: 12:14PM Change: Down 87.20 (1.61%) Prev Close: 5,406.80 Open: 5,406.80 Day's Range: 5,319.60 - 5,461.80 52wk Range: 5,338.70 - 6,610.90 I was just about to post a black friday thread, but you got there before me. Dow futures are down as well. Is the market spooked by all the talk of a potential collapse in Fannie? Quote Link to comment Share on other sites More sharing options...
Leonard Hatred Posted July 11, 2008 Share Posted July 11, 2008 Dow futures are down as well. Is the market spooked by all the talk of a potential collapse in Fannie? No. The supply of prostitutes remains strong. Quote Link to comment Share on other sites More sharing options...
The Ayatollah Buggeri Posted July 11, 2008 Share Posted July 11, 2008 No. The supply of prostitutes remains strong. Fears over rampant PPI (prostitute price inflation)? Quote Link to comment Share on other sites More sharing options...
Liquid Goldfish Posted July 11, 2008 Share Posted July 11, 2008 (edited) http://blogs.guardian.co.uk/markets/2008/0..._bear_coun.html Does anyone else find this article bizarre? It seems the FTSE went up initially this morning because it's been revealed that the US governemnt is planning to bail out Fannie Mae and Freddie Mac. I'd have thougt the fact they may be in serious trouble would be a cause for huge concern not relief. EDIT - typos Edited July 11, 2008 by newdman Quote Link to comment Share on other sites More sharing options...
right_freds_dead Posted July 11, 2008 Share Posted July 11, 2008 theres too much pent up demand for people to get there mitts on more fannie. Quote Link to comment Share on other sites More sharing options...
kool4caats Posted July 11, 2008 Share Posted July 11, 2008 Looks like the FTSE will be heading a lot lower now. It's at its lowest point in nearly 3 years. Quote Link to comment Share on other sites More sharing options...
Quoth Posted July 11, 2008 Share Posted July 11, 2008 (edited) To add to the prostitute analogy the FTSE 100 seems to had more ups and downs than a whore's proverbials lately - and swings of a 100+ each day...some must be making bags of cash! However, the overall trend does seem to be downwards and 5,000 doesn't seem too far off now. Will it be breached and if so how soon? Regards, Q Edit - because I can Edited July 11, 2008 by Quoth Quote Link to comment Share on other sites More sharing options...
grey shark Posted July 11, 2008 Share Posted July 11, 2008 No. The supply of prostitutes remains strong. Why pay , when you can do the hand shuffle with Mrs Palm and her five daughters for free , should the need arise . Quote Link to comment Share on other sites More sharing options...
urban_hymn Posted July 11, 2008 Share Posted July 11, 2008 FTSE has just fallen to a new 52 week low, according to Yahoo. [url=http://uk.finance.yahoo.com/q/bc?s=^FTSE&t=1d&l=on&z=m&q=l&c=]http://uk.finance.yahoo.com/q/bc? Better headline would have been "11 Year Low". We're back to October '98 prices now. "Buy and Hold" R.I.P. Quote Link to comment Share on other sites More sharing options...
lets get it right Posted July 11, 2008 Share Posted July 11, 2008 Every year, around Christmas/New Year, the Saturday Telegraph prints the opinions of loads of financial 'experts' (sic) who are asked where they think the FTSE will end up in a year's time. I'd like to see their predictions printed again now - half way through the year. 4000 by Christmas? Some of the experts were predicting new all time highs - over 7000 - if memory serves. Why aren't they sacked. Useless tosspots each and every one of them. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 11, 2008 Share Posted July 11, 2008 If somebody told the stockmarkets sh*t was good for business share prices would go up. I'm sure Derren Brown could brain wash all these idiots in a matter of minutes. Quote Link to comment Share on other sites More sharing options...
Nicholas Cage Posted July 11, 2008 Share Posted July 11, 2008 This was pension fund, AAA territory not too long ago, not eh FTSE is swinging like a drunkard. 1000 points since March being won and lost again. Quote Link to comment Share on other sites More sharing options...
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