pslewis

The world markets are jittery ..........

FlightMan

Where's the "house price crash thread" ?

We haven't had one for 10 days or so.

Suresh

One of the EM funds I am in fell almost 6% in total yesterday & today . Its now only 20% up from when I jumped in during the big dip last May. Which exactly why I shall be buying a chunk more tomorrow. Buy the dips & sell the rallies (they say)

If I'm wrong on this then I'll come back with my tail between my legs and tell you all about it

stevem2k

I was buying this morning... bargain-tastic.

Trucker Ted

Ahh, well its that time of the month again......Petes doom and gloom thread, the end of the world is nigh !

pslewis

Maybe you would like to back that statement up with links to threads?

Or maybe a public apology?

Leslie

How long have we been telling you that PSL, while you have been extolling the abilities of the chief borrower in this country?

Les

LC Geezer

I'll bet all the traders will still get their mega bonuses at the end of the year.

106rallye

They will do if they are clever - it is still possible to make money in a falling market

Coffin Dodger

Yeah just like you do.......not

I mean you come on here starting a thread with:

with nothing to back it up, no news reports, links, etc. Of course an economic collapse is on the way, it's just a matter of when. This year, next year, five years time etc. who knows. One thing is for certain you certainly don't

pslewis

Apology accepted

fast bloke

Markets on their way up again - recession over - happy days

TelBoy

Markets on their way down again - FTSE down 86 points and falling - volatile days

Jamescsti

To be fair it's covered in the national paper's this morning

GCollier

Only a few years ago the FTSE was down to 3500, so I think there is a way to go yet before full on economic collapse is on the cards!

Petem95

The economic collapse will certainly happen. People seem to be thinking that it wont happen because this boom period has been sustained for so long, and those naive people will certainly be proved wrong in the future!

We've seen plenty of jitters recently, but things will nosedive at some point. Whats different this time is even though at the end of the boom period of the cycle 10's of thousands are going bankrupt, significant numbers having homes repossessed.... usually things that happen in the bust period, so i expect a lot more debt lemmings will be in for a serious battering in the next few years.

sti-04!!

The bubble is ready to burst

God help those that have borrowed on the 1st time buyer favourite Nothern Rock 96% then an unsecured loan on top

EddScott

You sound just like our MD. His first words to me were "Theres some excellent buying opportunities today"

lol

Thing is those that bought when it was over 6 in 99/00 were only just getting close to getting thier original investment back. Odds are its just a correction - wouldn't go stockpiling for tinned food and bog roll just yet

kingofturds

iTrader: (1)

we are doomed i tell thee

Suresh

Just for info., my main EM fund is just over 7% up since I 'bought the dip' a month and a half ago Who dares wins, Rodney..

Leslie

PSL,

Now that Flash has increased the National Debt to such large proportions, do you think that the interest rates will go up to even more than happened during the last world recession and do you think that the country will escape serious bankruptcy with nothing to fall back on when his house of cards collapses?

Les

mart360

Funny how the papers are reporting a six year high on the footsie

i think our esteemed () chancellor should foot the bill if it goes **** up, after all wasnt it teflon who promised transparancy and accountablity

the sad fact is if it does go **** up, he'll walk away with a cast iron handshake, and a nice index linked.. pension....

wouldnt it be nice though if the next gov, passed a law to prevent this....

The "If you screwup, you get nowt" law.. and then they could screw the usless bunch


Mart