For those of us already up, what are your predictions before trading starts for the day? More big drops, or will it just sit where it is until there's new events?
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Originally posted by MaryPoppinsOriginally posted by vetran -
There'll be a big rally today with most banking stocks rebounding to their former highs of about a year ago. Buy now whilst they are undervalued.Originally posted by d000hg View Post -
Huge drops. Bottom next wednesday.Originally posted by d000hg View PostI am not qualified to give the above advice!
The original point and click interface by
Smith and Wesson.
Step back, have a think and adjust my own own attitude from time to timeComment
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Not today there won't be. Break out the asbestos underwear....Originally posted by oracleslave View PostIs God willing to prevent evil, but not able? Then he is not omnipotent. Is he able, but not willing? Then he is malevolent. Is he both able and willing? Then whence cometh evil? Is he neither able nor willing? Then why call him God? - EpicurusComment
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Which market? Europe/UK opened at 8am and teh FTSE is down about 3%.Originally posted by d000hg View Post
US Dow futures are up over 100 points I suspect they may recover a bit first thing when they open at 2:30pm UK time. However, after that I am not so sure.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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I stuck a sneaky 8k in yesterday around 11am at the first low over the four main banks, but sentiment pushed it down further and landed up 1.4% down at the end of the day.
Would expect another 2-3% drop today, with Dow Jones down 2-3% later, with a possibility of a minor rally or static tomorrow.
Very unlikely the US will leave the whole week with out news, I would expect they would have plans back on the table around Wednesday with a market sentiment rally on Thursday.
I'll look to move another 10k in this afternoon or tomorrow morning.What happens in General, stays in General.You know what they say about assumptions!Comment
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I can't believe people are still voluntarily putting money into the stock market. It's like betting on a horse race where all the nags have broken legs.Cooking doesn't get tougher than this.Comment
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MF is providing a vital service – he is giving people a chance to get out or establish new short positions. You’re a good man MF, keep it up.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Where angels fear to tread young man!What happens in General, stays in General.You know what they say about assumptions!Comment
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