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Old 21 October 2007, 03:58 PM
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Petem95
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Default Stock Market to Crash on Monday?

BBC NEWS | Business | Big share falls feared on Monday

Could we be in for another stock market crash on Monday?.. almost 20 years to the day of 'black Monday' when the market crashed in the 80's.

Stocks do look surprisingly highly priced considering the current economic situation and outlook.

In for a fell of over 250points on the FTSE I reckon.
Old 21 October 2007, 04:17 PM
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warrenm2
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hogwash
Old 21 October 2007, 04:50 PM
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Chip
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The DJI fell by 2.64% or 267 points on Friday so were probs in for a fall tomorrow anyway.

Chip
Old 21 October 2007, 06:34 PM
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vindaloo
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You'll be able to have a look see in an hour or so. Start off with Aus, NZ, Hong Kong, Japan and follow the sun....

Personally, I'd be surprised if we have a 250er. Maybe 1/2 that. We closed down lots on Friday after a nervy start. On the flip side, I can't quite believe how quickly the FTSE shot back up after the credit crunch.

Having written that, I'm waiting for the Turks. Come on chaps, invade Northern Iraq, then I can sell by Shell shares at a premium. Says he who sold his Turkey ETF on Thursday... Cluck cluck.

J.
Old 21 October 2007, 06:41 PM
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Originally Posted by Petem95

In for a fell of over 250points on the FTSE I reckon.
It never ceases to amaze me the complete lack of basic English skills there are in English people.

Do you not care how much of a dick you look making basic mistakes like this? especially as you are obviously fairly intelligent considering you are talking about shares. Allow me to correct your basic tense mistake for you.

In for a fall of over 250points on the FTSE I reckon.
Old 21 October 2007, 08:13 PM
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Yep, I reckon house prices will crash too
Old 21 October 2007, 08:48 PM
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I blame Tony Bliar
Old 21 October 2007, 09:36 PM
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Suresh
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Originally Posted by f1_fan
Yep, I reckon house prices will crash too
That's mean.
Old 21 October 2007, 10:03 PM
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fast bloke
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Here - Pete - do you reckon my fuel economy will crash as well - everything else is crashing IYHO!!



Shuresh - whaddya mean Fat - bigheadded ****

oops - other fred


p.s. - You know is is only in jest
Old 21 October 2007, 10:46 PM
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Suresh
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Originally Posted by fast bloke
Here - Pete - do you reckon my fuel economy will crash as well - everything else is crashing IYHO!!



Shuresh - whaddya mean Fat - bigheadded ****

oops - other fred


p.s. - You know is is only in jest

You do know I got up an hour too early this morning because of that
Old 21 October 2007, 11:03 PM
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fast bloke
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No you didn't............ Next thing you know you will be taking my advice on NS three year trackers
Old 22 October 2007, 02:13 AM
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Petem95
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Originally Posted by Wurzel
It never ceases to amaze me the complete lack of basic English skills there are in English people.

Do you not care how much of a dick you look making basic mistakes like this? especially as you are obviously fairly intelligent considering you are talking about shares. Allow me to correct your basic tense mistake for you.

In for a fall of over 250points on the FTSE I reckon.
As it happens Wurzel I spotted my typo straight after creating the thread, but couldn't even be arsed to edit the post!

Nikki down best part of 500 points currently, so FTSE sure to open lower.
Old 22 October 2007, 08:50 AM
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OllyK
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FTSE down about 45 ATM.
Old 22 October 2007, 08:52 AM
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Just been on Sky news - - - Stock Market has crashed

















straight into the Housing market. Fortunately it missed FB's fuel economy.
Old 22 October 2007, 10:12 AM
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wow FTSE down 74 at the moment...

we're all DOOMED I tell you - DOOMED!!!!

not
Old 22 October 2007, 10:19 AM
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Whoa!! That's a mighty crash.

Almost as bad a tepid, gray Friday.
Old 22 October 2007, 10:31 AM
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Old 22 October 2007, 03:19 PM
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I think a bit of stock market misery wouldn't go amiss.

Quite enjoy watching people in funny blazers go apoplectic
Old 22 October 2007, 03:26 PM
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Originally Posted by Petem95
BBC NEWS | Business | Big share falls feared on Monday

Could we be in for another stock market crash on Monday?.. almost 20 years to the day of 'black Monday' when the market crashed in the 80's.

Stocks do look surprisingly highly priced considering the current economic situation and outlook.

In for a fell of over 250points on the FTSE I reckon.
I am going to sue you!

I shorted the market for a 250 point fall and it's only fallen by 60 points!!

Grrrrr!!!

Last time I take your advice.
Old 22 October 2007, 03:41 PM
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warrenm2
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Originally Posted by Rannoch
I am going to sue you!

I shorted the market for a 250 point fall and it's only fallen by 60 points!!

Grrrrr!!!

Last time I take your advice.
You took Mr Chicken Littles advice?! (Yes I know!)


I dont think theres much left that hasn't been touched by his "its all going to crash" hand
Old 22 October 2007, 03:51 PM
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vindaloo
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If you want a tip, don't get Turkey (ITKY) for thanksgiving!

Oh look, the markets are recovering. The USA and media ghouls have been playing a practical joke on us

J.
Old 22 October 2007, 04:24 PM
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It never ceases to amaze me the complete lack of basic English skills there are in English people.

Do you not care how much of a dick you look making basic mistakes like this? especially as you are obviously fairly intelligent considering you are talking about shares. Allow me to correct your basic tense mistake for you.

In for a fall of over 250points on the FTSE I reckon.
Pedantic ****
Old 23 October 2007, 11:42 AM
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Originally Posted by Petem95
BBC NEWS | Business | Big share falls feared on Monday

Could we be in for another stock market crash on Monday?.. almost 20 years to the day of 'black Monday' when the market crashed in the 80's.

Stocks do look surprisingly highly priced considering the current economic situation and outlook.

In for a fell of over 250points on the FTSE I reckon.
Down 60 yesterday but up 80 so far today.

Are you Mystic Meg?

Last edited by ChrisB; 23 October 2007 at 11:44 AM.
Old 23 October 2007, 11:46 AM
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fast bloke
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Here Pete - Could you predict me 36 numbers for the Lottery on Saturday. (Then I can pick the other 6 and make a few mill )
Old 23 October 2007, 11:58 AM
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Amazing how quiet he goes when his relentless predictions of doom fail to materialise.
Old 23 October 2007, 12:00 PM
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Dammit - it is crashing upwards.

Up 95 now!! Grrrrrr!
Old 23 October 2007, 12:34 PM
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Originally Posted by f1_fan
Amazing how quiet he goes when his relentless predictions of doom fail to materialise.
But I don't understand either why the stock market,the housing market and indeed the world economy all suddenly appears invincible

America goes for a potential nosedive so they just cut the interest rate to save the land of the free.Same here in the UK

Can they really keep doing that? Can it spiral out of the Banks control altogether?
Old 23 October 2007, 01:09 PM
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One of the main reasons stock markets go up is inflation. As prices rise, so does income. Costs also rise, but so does profit. (Assuming it all rises at the same rate, the "buying power" remains the same). As profit rises so does company valuation and hence so does share price. All in line with inflation.

Another factor is that people pump in money to the stock market every month in the form of pensions contribution. All the money cant be left in the bank (poor returns) so gets invested in the market. More demand for shares = rising prices.

Lastly you have selection bias - crap companies that dont grow and have bad business models, cant adapt etc never get very far and hence never make it to the top 350 companies (which represents something like 98% of the market value). Hence the ones that do are more likely to grow and be successful and have rising share prices.

So 3 main reasons why the normal behaviour of stock markets is up.

HTH

Last edited by warrenm2; 23 October 2007 at 01:11 PM.
Old 23 October 2007, 01:51 PM
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Over recent years, the stock market has made huge gains. Since there's been a sniff of stability, post 9/11, Afganistan and Iraq.

These can't merely be be put down to inflation and rising costs. New markets or technologies, rising demands for raw materials and the greater globalisation of processes all play their part.

USA could still upset the apple cart. It's the primary market for a lot of the far east. Though it's interesting that China may now be China's own greatest market, and growing.

J.
Old 23 October 2007, 01:54 PM
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Originally Posted by f1_fan
Amazing how quiet he goes when his relentless predictions of doom fail to materialise.
Yeah..... You mean like global warming?


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