Guest Charlie The Tramp Posted April 15, 2005 Share Posted April 15, 2005 with the Dow Jones industrial average falling 508 points to 1,739, wiping 22.5 per cent off share values Well that was in 8 hours trading. Quote Link to comment Share on other sites More sharing options...
No6 Posted April 15, 2005 Share Posted April 15, 2005 Only a 3 day, 350 point loss at the moment. http://www.marketwatch.com/news/default.as...=seen&dist=ctmw Quote Link to comment Share on other sites More sharing options...
FreeTrader Posted April 15, 2005 Share Posted April 15, 2005 with the Dow Jones industrial average falling 508 points to 1,739, wiping 22.5 per cent off share values I remember that day well, Charlie. Only 9/11 has shocked me more. Quote Link to comment Share on other sites More sharing options...
No6 Posted April 15, 2005 Share Posted April 15, 2005 I remember that day well, Charlie.Only 9/11 has shocked me more. <{POST_SNAPBACK}> And the events of 9/11 closed the markets which limited the panic when they finally re-opened. Sept. 11-14, 2001 (Tues.-Fri.) Closed as a result of an attack on the World Trade Center. Remained closed for a total of four days. Oct. 27, 1997 (Mon) DJIA dropped 350 points, triggering a mandated trading halt for the first time that closed the market at 2:35 pm for a half hour. Trading resumed at 3:05 pm and the DJIA declined an additional 200 points, causing another halt at 3:30 pm that ended trading for the day. Oct. 23-30, 1987 (Fri-Fri) Shortened hours following market break of Oct. 19 and record breaking volume --2:00 pm close. http://www.nyse.com/Frameset.html?displayP...2221392381.html Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted April 15, 2005 Share Posted April 15, 2005 Oct. 23-30, 1987 (Fri-Fri) Shortened hours following market break of Oct. 19 and record breaking volume --2:00 pm close. Probably prevented a financial meltdown. Maybe the markets would be more stable if computerisation was withdrawn. The big bang now appears not to be such a good idea. Maybe back to bits of paper, semiphor, and morse code or is it ticker tape. Quote Link to comment Share on other sites More sharing options...
tao Posted April 15, 2005 Share Posted April 15, 2005 GM may join the elite fallers soon http://uk.finance.yahoo.com/q/bc?s=GM&t=5d Quote Link to comment Share on other sites More sharing options...
Culpability Brown Posted April 15, 2005 Author Share Posted April 15, 2005 Only a 3 day, 350 point loss at the moment.http://www.marketwatch.com/news/default.as...=seen&dist=ctmw <{POST_SNAPBACK}> 400 now matey with 2 minutes until market close. Quote Link to comment Share on other sites More sharing options...
Van Posted April 15, 2005 Share Posted April 15, 2005 (edited) The Dow has just closed -1.93% down, and the SP500 -1.27%, with nay hint of a bounce. Expect bloodshed soon. Edited April 15, 2005 by Van Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted April 15, 2005 Share Posted April 15, 2005 Looks as if Dr Bubb could be right and I am six months out. Quote Link to comment Share on other sites More sharing options...
laurejon Posted April 15, 2005 Share Posted April 15, 2005 So it would be fair to say. Bricks and Mortar remain the best investment around. I wonder if the new falls in the Markets will further undermine peoples confidence in the stock markets and return to investing in the property market.?. Quote Link to comment Share on other sites More sharing options...
Van Posted April 15, 2005 Share Posted April 15, 2005 LJ, get your head out of your ar$e for once. Falling equities will see companies cut costs, and that means making redundancies and recession. Everyone is going to suffer. Hardly going to help your precious portfolio IMHO. Quote Link to comment Share on other sites More sharing options...
No6 Posted April 15, 2005 Share Posted April 15, 2005 So it would be fair to say.Bricks and Mortar remain the best investment around. I wonder if the new falls in the Markets will further undermine peoples confidence in the stock markets and return to investing in the property market.?. <{POST_SNAPBACK}> That's a good one. Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted April 15, 2005 Share Posted April 15, 2005 Bricks and Mortar remain the best investment around. Well I would take Warren Buffett`s advice. 1. cash, 2. cash, 3. cash. Quote Link to comment Share on other sites More sharing options...
Culpability Brown Posted April 15, 2005 Author Share Posted April 15, 2005 So it would be fair to say.Bricks and Mortar remain the best investment around. I wonder if the new falls in the Markets will further undermine peoples confidence in the stock markets and return to investing in the property market.?. <{POST_SNAPBACK}> I hear Baghdad's a good place to invest in property LJ. You could be one of the first! Quote Link to comment Share on other sites More sharing options...
theChuz Posted April 15, 2005 Share Posted April 15, 2005 (edited) Looks as if Dr Bubb could be right and I am six months out. <{POST_SNAPBACK}> Nah charlie, like i said earlier , i have money on the market, it cant crash now and infact by my calculations it will crash in about 16 months time. Ive used very comprehensive and extremely technical studies to narrow it down to 16 moths. I would try to explain them, but they are much to advanced for mere mortals to understand Edited April 15, 2005 by theChuz Quote Link to comment Share on other sites More sharing options...
FreeTrader Posted April 15, 2005 Share Posted April 15, 2005 Well I would take Warren Buffett`s advice. 1. cash, 2. cash, 3. cash. I also like his two rules of investing: 1. Never lose money 2. Never forget rule number 1 Quote Link to comment Share on other sites More sharing options...
Culpability Brown Posted April 15, 2005 Author Share Posted April 15, 2005 (edited) Well I would take Warren Buffett`s advice. 1. cash, 2. cash, 3. cash. <{POST_SNAPBACK}> You & me both Charlie. I think Freetrader might like Mr Buffett's advice aswell. Edited April 15, 2005 by Culpability Brown Quote Link to comment Share on other sites More sharing options...
FreeTrader Posted April 15, 2005 Share Posted April 15, 2005 I think Freetrader might like Mr Buffett's advice aswell. Yup. Quote Link to comment Share on other sites More sharing options...
No6 Posted April 15, 2005 Share Posted April 15, 2005 Well I would take Warren Buffett`s advice. 1. cash, 2. cash, 3. cash. <{POST_SNAPBACK}> Does this count even if it's the US Dollar? Quote Link to comment Share on other sites More sharing options...
FreeTrader Posted April 15, 2005 Share Posted April 15, 2005 Does this count even if it's the US Dollar? Good point. Quote Link to comment Share on other sites More sharing options...
tao Posted April 15, 2005 Share Posted April 15, 2005 http://uk.finance.yahoo.com/q/bc?s=GM&t=5d&l=on&z=m&q=l&c= nuff said? Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted April 15, 2005 Share Posted April 15, 2005 http://uk.finance.yahoo.com/q/bc?s=GM&t=5d&l=on&z=m&q=l&c=nuff said? <{POST_SNAPBACK}> Webmaster we have a new candidate as a moderator. Quote Link to comment Share on other sites More sharing options...
tao Posted April 15, 2005 Share Posted April 15, 2005 umm...guess I am learning the lingo Quote Link to comment Share on other sites More sharing options...
tao Posted April 15, 2005 Share Posted April 15, 2005 http://us.rd.yahoo.com/finance/finhome/top...reet.html?.v=27 Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted April 15, 2005 Share Posted April 15, 2005 (edited) On a Friday as well, watch the Footsie on Monday. Is it an omen. Here`s a thought. Blair says he will not stand in the next election. Brown has a smile on his face. Ed Balls wins his seat and Blair wins the election. Result Brown in No 10 and Balls in No 11 The UK is saved. Edited April 15, 2005 by Charlie The Tramp Quote Link to comment Share on other sites More sharing options...
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