Stock Market to Crash on Monday?
#63
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Bank of America's quarterly net income plunges 95% to $268 million
Business, financial, personal finance news - CNNMoney
Watch the world recession begin here
MSNBC - Market News: US Economy (Dow Jones, S&P 500, NASDAQ), World Economy, Key Commodities and More Front Page
Business, financial, personal finance news - CNNMoney
Watch the world recession begin here
MSNBC - Market News: US Economy (Dow Jones, S&P 500, NASDAQ), World Economy, Key Commodities and More Front Page
#66
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#68
If the 300 point drop equated to 77 billion then the fact it has dropped from a high of about 6800 means it has in total lost 1000 points or (approx) £250 billion over the last few weeks(if my maths is right-probably not!).
B of E suggest maybe a rate cut in Feb but no promises of anything else.
2008 is going to be pants
B of E suggest maybe a rate cut in Feb but no promises of anything else.
2008 is going to be pants
#72
Still a thousand points down from two months ago though.
I feel a bit giddy with the up,down,up,down bit at the moment.Glad I don't partake in this.I wouldn't have the nerve for it
I feel a bit giddy with the up,down,up,down bit at the moment.Glad I don't partake in this.I wouldn't have the nerve for it
#73
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So market today ends at 6070 - hows the doom and gloom going? 4 months on from the start of the thread and we're not really that much changed from mid August- hardly a crash then!
Question for Pete95 when the market doesn't crash, do you feel miserable?
Question for Pete95 when the market doesn't crash, do you feel miserable?
#76
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Well I'd feel like a **** if I kept doing house/stock/dog/fish market crash threads every 3 months and none of them ever came true, especially over a 7 year priod.
#77
Everything is incredibly artificial it seems.
Stock market hasn't recovered the huge chunk that was taken off it
It is only going to take one small thing to reveal what is really going on behind the papering over the cracks
Stock market hasn't recovered the huge chunk that was taken off it
It is only going to take one small thing to reveal what is really going on behind the papering over the cracks
#79
Today is another 'bad Monday'
Might not have been an instant crash but shares have gone down shedloads over the last few months.6800 down to about 5500
And it seems the Banks here and in America STILL haven't revealed the full extent of their losses.
No wonder gold is rocketing.Isn't it when everyone jumps ship and ditches shares?
Petem95....you might be right
Might not have been an instant crash but shares have gone down shedloads over the last few months.6800 down to about 5500
And it seems the Banks here and in America STILL haven't revealed the full extent of their losses.
No wonder gold is rocketing.Isn't it when everyone jumps ship and ditches shares?
Petem95....you might be right
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Gosh yes - the market is down 681 (11.02%) in the last 6 months, or down 10.26 % for the last 12 months - compare with a REAL crash in Oct 87 where it went down 20% in 2 days.
#82
Crash, sharp correction, unwinding, firesale. Call it what you want... it's HAMMER TIME!
YouTube - its hammer time!
Last edited by TopBanana; 17 March 2008 at 12:06 PM.
#85
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A crash will never happen again like that because that was when automated systems had were in their infancy, and basically automatically sold loads of shares when they fell to a certain level.
#86
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Wait for the YoY stats towards the end of the summer, and watch the YoY falls get steeper and steeper.
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LOL he popped out of the woodwork nice a quick! Not seen for the last 6 months then the day of a market fall - HERE HE IS - MR DOOM! Lets see what happens tomorrow when the Fed announces some rate cuts.....