ellio
- 15 May 2006 09:10
The market seems to be selling-off on the back of limited bad news imo, apart from the dollar that is.
If you can hold your nerve and apart from any short term requirements to offload poor performing stocks, I have a couple!!, my advice would be sit tight. This does not have the feel of the tech(mining!) bubble at all. Difference being there are a lot of good fundamentals, unlike in 2000 when there were a lot of over rated nothing companies.
cynic
- 10 Aug 2007 13:09
- 814 of 1564
ah well, you can't uninvent the atom bomb either! .... would never expect you to agree with anything i write (and vice versa most times), having seen such when i became boorishly repetitive about what a carp company SEO was - well still is, just
anyway, must be a racing certainty that the markets will gyrate terifyingly this afternoon, and goodness knows where they will close ...... both possibilites are real possibilities!
maddoctor
- 10 Aug 2007 14:19
- 815 of 1564
fed propping up the markets before the start , a bounce now a possibility
cynic
- 10 Aug 2007 14:58
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the brave (or foolhardy man) would now place a long on the Dow but set a target
maddoctor
- 10 Aug 2007 15:01
- 817 of 1564
just games at the mo
jimmy b
- 10 Aug 2007 15:09
- 818 of 1564
If the Dow bounces enough (which it won't right now) ,i'm shorting it cynic.
sned
- 10 Aug 2007 15:16
- 819 of 1564
was that the bounce or the rebound of the bounce then ...?
cynic
- 10 Aug 2007 15:22
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he ain't sayin'! ...... Dow is currently -140 ... it has hovered between this sort of level and -110 virtually since opening ...... i would not be surprised to it recovery to -40 or better, but i hope i am not brave enough to put money on it
maddoctor
- 10 Aug 2007 15:23
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NEW YORK (CNNMoney.com) -- Futures markets began betting Friday that the Federal Reserve will institute an emergency interest rate cut this month in the wake of the credit worries that have roiled U.S. markets in recent weeks.
cynic
- 10 Aug 2007 15:39
- 822 of 1564
bet they don't! That really would be admitting to dire probs and would be likely to send markets crashing still further
maddoctor
- 10 Aug 2007 15:41
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i have my doubts cos the dollar will plunge causing even more chaos
things looking a bit dangerous now
maddoctor
- 10 Aug 2007 16:04
- 824 of 1564
nice quote:
"It is unwise bordering on imprudent to assume that terrible will not follow bad," Catalano said.
sned
- 10 Aug 2007 16:08
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Hmmm! (the DOW) its bounced DOWN ... (or shall we say rebouded off the bounce). Its looking dire - I wounder wher AVE got the oomph from
maddoctor
- 10 Aug 2007 16:11
- 826 of 1564
sned , all sorts going , shorts closing i would suspect causing bounces , we will see
halifax
- 10 Aug 2007 16:43
- 827 of 1564
Y(W)anks rocking but not rolling yet!
cynic
- 10 Aug 2007 16:51
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at least that brings a really nasty couple of days to a close in London.
now we must all hold our breath to see what the evening brings and of course Monday
skyhigh
- 10 Aug 2007 17:05
- 829 of 1564
Grim !
maddoctor
- 10 Aug 2007 19:37
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2:20pm 08/10/2007
NASDAQ said Friday that Thursday was the biggest day in its history for total matched volume, with 3.31 billion shares traded. The Nasdaq said it traded 1.77 billion in Nasdaq-listed stocks, 1.13 billion shares in NYSE-listed and 405 million in American Stock Exchange-listed stocks.
never seen a summer like this one - i wonder how many holidays have been disrupted
cynic
- 10 Aug 2007 20:49
- 831 of 1564
Dow looks to be finishing quite close to break even .... that being so, there will be a huge sigh of relief round the world with a probable consequent surge in prices ..... the more cautious and wise will wait to see what happens in US again
maddoctor
- 10 Aug 2007 20:50
- 832 of 1564
i guess ITS DIFFERENT THIS TIME :-)))
no break on any of the indices
shorts always under the cosh when the fed stepped in although what the fed was doing buying dodgy subprime is beyond me
halifax
- 10 Aug 2007 21:30
- 833 of 1564
The FED on behalf of the American tax payers can afford to bail out the poorly judged lending activities of the likes of Bear Sterns.