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Large stock market correction due

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    Large stock market correction due

    For the FTSE 100 I predict 6500 ish due in April/May will be the tipping point.

    #2
    Originally posted by DimPrawn View Post
    For the FTSE 100 I predict 6500 ish due in April/May will be the tipping point.
    Why? Interest rates in the UK are staying low for years

    Comment


      #3
      Originally posted by aussielong View Post
      Why? Interest rates in the UK are staying low for years
      Because that's what happens now. Big investment houses will take profits and turn them into shorts and make money on the way up and on the way down and scoop up all the retail investors hard earned. Then just when everyone looks drained of money they put it back in and make a profit again.

      Comment


        #4
        Originally posted by DimPrawn View Post
        Because that's what happens now. Big investment houses will take profits and turn them into shorts and make money on the way up and on the way down and scoop up all the retail investors hard earned. Then just when everyone looks drained of money they put it back in and make a profit again.
        Good time to buy when it plummets then?

        Comment


          #5
          Originally posted by Ketchup View Post
          Good time to buy when it plummets then?
          Or buy loads of short options just before it plummets?
          "He's actually ripped" - Jared Padalecki

          https://youtu.be/l-PUnsCL590?list=PL...dNeCyi9a&t=615

          Comment


            #6
            Originally posted by Ketchup View Post
            Good time to buy when it plummets then?
            That's my plan.

            Comment


              #7
              Originally posted by DimPrawn View Post
              That's my plan.
              I have never bought much before, do you stick to managed funds? or go for individual shares in established companies

              Comment


                #8
                You need to factor in quantative easing, money printing, and devaluation of the pound, and so on.

                The thing is the FTSE top shares are worth roughly the same percentage of the national wealth (or lack of) as they were 10 years ago, and will be in 10 years time. Of course with massive money printing by the government they have not increased wealth, they have simply increased the number of pounds needed to represent the same percentage of the national wealth. So quantative easing means that average assets like average shares will go up when measured in pounds but not necessarily as a percentage of the national wealth.

                Etc

                Comment


                  #9
                  Originally posted by DimPrawn View Post
                  For the FTSE 100 I predict 6500 ish due in April/May will be the tipping point.
                  Right. Got any technical, fundamental or historical evidence to back that one up chump?
                  Knock first as I might be balancing my chakras.

                  Comment


                    #10
                    Originally posted by suityou01 View Post
                    Right. Got any technical, fundamental or historical evidence to back that one up chump?
                    My arrow loving pet monkey just penetrated the lip stick.

                    Hth.

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