sambino Posted September 29, 2008 Share Posted September 29, 2008 How much will it drop by ? On newsnight it was said if the same happens on Wall street tommorow we will be in 1929 territory!! Quote Link to comment Share on other sites More sharing options...
Guest Steve Cook Posted September 29, 2008 Share Posted September 29, 2008 we're already there Quote Link to comment Share on other sites More sharing options...
Not Long Now Posted September 29, 2008 Share Posted September 29, 2008 FTSE Futures were down -200 earlier (when the DOW closed). I guess alot will depend on what happens in Asia over night. Quote Link to comment Share on other sites More sharing options...
Patfig Posted September 29, 2008 Share Posted September 29, 2008 Pass me my pistol................ Quote Link to comment Share on other sites More sharing options...
deflation Posted September 29, 2008 Share Posted September 29, 2008 I think that's an exaggeration. Somewhere ealier, I saw the 10 worst drops in FTSE history (today was 5th) and on 19th and 20th October 1987, the FTSE fell over 10% BOTH DAYS! Can't remember why. Quote Link to comment Share on other sites More sharing options...
LowestoftBoy Posted September 29, 2008 Share Posted September 29, 2008 Let's hope EDF and BT weather the sh1tstorm. I need to keep logged into HPC! Quote Link to comment Share on other sites More sharing options...
sambino Posted September 29, 2008 Author Share Posted September 29, 2008 Might have to keep quiet in the morning the guys with shares in the office are getting twitchy!! Quote Link to comment Share on other sites More sharing options...
W12 Posted September 29, 2008 Share Posted September 29, 2008 Current City index bet is around 4572. Quote Link to comment Share on other sites More sharing options...
jonpo Posted September 29, 2008 Share Posted September 29, 2008 I'm being quoted 4570 Bid (Spread bettin price) Quote Link to comment Share on other sites More sharing options...
needle Posted September 29, 2008 Share Posted September 29, 2008 I love the smell of meltdown in the morning... Quote Link to comment Share on other sites More sharing options...
dellboy Posted September 29, 2008 Share Posted September 29, 2008 Let's hope EDF and BT weather the sh1tstorm. I need to keep logged into HPC! BT is too fundamental to the country's infrastructure. If it gets into trouble the government will nationalise it. I'll lose some share money (they pay decent dividends) but I'll be able to tell my Mum about it on the phone at least. Quote Link to comment Share on other sites More sharing options...
Converted Lurker Posted September 29, 2008 Share Posted September 29, 2008 gonna be down 250 first thing, anyone betting 350 down for the day? Quote Link to comment Share on other sites More sharing options...
sambino Posted September 29, 2008 Author Share Posted September 29, 2008 BT is too fundamental to the country's infrastructure. If it gets into trouble the government will nationalise it. I'll lose some share money (they pay decent dividends) but I'll be able to tell my Mum about it on the phone at least. They still act if they are nationalised anyway, I can see a lot of things being nationalised when the dudt settles to give people jobs because the private sector will be toast Quote Link to comment Share on other sites More sharing options...
mayjay Posted September 29, 2008 Share Posted September 29, 2008 autumn bounce Quote Link to comment Share on other sites More sharing options...
jonpo Posted September 29, 2008 Share Posted September 29, 2008 its contained.... ... our stockmarket is uniquly placed to weather this crisis... Quote Link to comment Share on other sites More sharing options...
Not Long Now Posted September 29, 2008 Share Posted September 29, 2008 its contained....... our stockmarket is uniquly placed to weather this crisis... Spot on: "Decisive action has been taken blah blah" Quote Link to comment Share on other sites More sharing options...
oneStepTwoStep Posted September 29, 2008 Share Posted September 29, 2008 Went from 6900 odd to 3300 in two years after the dot com bubble went t*ts up and 9/11, maybe 4500 tomorrow, but lot's of peeps waiting for lower to buy back in. Quote Link to comment Share on other sites More sharing options...
Nicholas Cage Posted September 29, 2008 Share Posted September 29, 2008 OUTLOOK UK POLL-UK economic indicators - Sept 29 week - REUTERS PRELIMINARY CONSENSUS FOR UK ECONOMIC INDICATORS - SEPT 29 WEEK Final Update: 1100 GMT Real-time indicator results: U.S. forecast: Euro zone + Swiss forecasts: ------------------------------------------------------------------------------- DATE GMT INDICATOR PERIOD UNIT FORECAST RANGE NUMBER PRIOR -------------------------------SEPTEMBER 29 WEEK------------------------------- MONDAY 29/09 0830 BoE Consumer Credit Aug Bln 1.10 1.00/1.30 11 1.090 0830 BoE Mortgage Lending Aug Bln 2.89 2.50/3.10 9 3.231 0830 BoE Mortgage Approvals Aug k 30 28/32 16 33 2301 GfK Consumer Confidence Sep Ind -40 -42/-36 13 -36 TUESDAY 30/09 0830 Current Account Q2 Bln -10.1 -13.0/-8.0 5 -8.4 0830 GDP Final qq Q2 % 0.0 -0.1/0.2 21 0.3 0830 GDP Final yy Q2 % 1.4 1.3/1.4 19 2.3 0830 Business Investment qq Q2 % -1.9 -1.9/-1.9 7 -1.9 0830 Business Investment yy Q2 % 1.9 1.9/1.9 7 1.9 WEDNESDAY 01/10 0830 CIPS/Markit Mfg PMI Sep Ind 45.0 43.5/45.5 17 45.9 THURSDAY 02/10 0600 Nationwide House Prc mm Sep % -1.7 -2.5/-0.5 16 -1.9 0600 Nationwide House Prc yy Sep % -12.5 -13.0/-11.5 16 -10.5 FRIDAY 03/10 0830 CIPS/Markit Serv PMI Sep Ind 48.0 47.0/48.6 17 49.2 Quote Link to comment Share on other sites More sharing options...
E14 Posted September 29, 2008 Share Posted September 29, 2008 Went from 6900 odd to 3300 in two years after the dot com bubble went t*ts up and 9/11, maybe 4500 tomorrow, but lot's of peeps waiting for lower to buy back in. Thats my plan. Im got I got out of my BA shares at £2.70 when I bought for £2.30. Going to be some good bargains out there in the coming months (as long as the markets do recover eventually) Need someone to do a poll of what bracket the FTSE will finish tomorrow. Im going for 4444 (not a great number in Japan) Quote Link to comment Share on other sites More sharing options...
FortuneFTB Posted September 29, 2008 Share Posted September 29, 2008 I reckon FTSE will open about 4600 then rally a bit until NYSE opens then it will go over a cliff with the Dow Jones, unless theres some really crappy news upon which it will just nosedive straight away. Close 4000-4200. Yup I'm predicting up to 20% Dow Jones is anyones guess, a big sell off tomorrow I reckon. By nature I am generally Bullish but I think right now that even a blind man can see that the wheels are about to come off... Quote Link to comment Share on other sites More sharing options...
Guest Steve Cook Posted September 29, 2008 Share Posted September 29, 2008 I reckon FTSE will open about 4600 then rally a bit until NYSE opens then it will go over a cliff with the Dow Jones, unless theres some really crappy news upon which it will just nosedive straight away.Close 4000-4200. Yup I'm predicting up to 20% Dow Jones is anyones guess, a big sell off tomorrow I reckon. By nature I am generally Bullish but I think right now that even a blind man can see that the wheels are about to come off... yes Quote Link to comment Share on other sites More sharing options...
oneStepTwoStep Posted September 29, 2008 Share Posted September 29, 2008 When England lift the World Cup at Wembley in 2018 the ftse will be around 9000, people now have to judge at what point they can see the bottom in this current crisis, I suspect 3900, there will be a few dead cat bounces and drops for the foreseeable future, then after this is all over and average joe can buy a house that is affordable, we will be back in a bull market stocks wise. Sorry I have digressed from tomorrows prediction but I don't have a clue Quote Link to comment Share on other sites More sharing options...
Converted Lurker Posted September 29, 2008 Share Posted September 29, 2008 When England lift the World Cup at Wembley in 2018 the ftse will be around 9000, people now have to judge at what point they can see the bottom in this current crisis, I suspect 3900, there will be a few dead cat bounces and drops for the foreseeable future, then after this is all over and average joe can buy a house that is affordable, we will be back in a bull market stocks wise. Sorry I have digressed from tomorrows prediction but I don't have a clue and the riots, the soup kitchens, the smelting of gold in your back garden at night - whilst cleaning your guns and maintaining your diesel generator? Don't leave out the *good bits* eh? Quote Link to comment Share on other sites More sharing options...
numpty Posted September 29, 2008 Share Posted September 29, 2008 I suspect it will be down around 250 points in the early part of trading based on what teh futures are indicating I think yesterday was more about sending a worrying message to Wall Street. I think the House knows it will have no option but to agree and because of the Jewish Holiday there is nothing that can happen until Thursday and all the tension in the markets from the uncertainty will give them the opportunity to obtain better terms for the bailout Quote Link to comment Share on other sites More sharing options...
yellerkat Posted September 29, 2008 Share Posted September 29, 2008 When England lift the World Cup at Wembley in 2018... OMG Are they going to steal it? Quote Link to comment Share on other sites More sharing options...
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