How low can the FTSE go?

Don't care - already sold all my shares

If early 2015 they think Milband could win it go much much lower as fears over the Public Finances and potential collapse resurface.

tbh it could be 5900 by next week!

We are already in 10% correction territory for the last 4 weeks.

I reckon it could go to 4500 within the next year but who knows? (answer: Nobody)

I know ...but I can't tell you.

10/12 yrs ago it was 3200,so what goes up etc etc

There was plenty to cheer about today's price action.

Stopping volume on a spring argues well for today's bar being a bottom.
I don't expect it to go much lower now.

People who understand volumes and spreads night be waiting for sideways action for a while now, then a test to confirm it before they jump in, others will have bought today.
Nevertheless it looks like a fair bet even without a test.

This should not be regarded as advice of any sort by the way.

The movements in the stock market are not as random as you might think.

However how far it goes up and for how long is another matter.

starts off as crash thread now its skys the limit thread.

Gin • October 16, 2014 3:42 PM BST
tbh it could be 5900 by next week!

We are already in 10% correction territory for the last 4 weeks.

I reckon it could go to 4500 within the next year but who knows? (answer: Nobody) NO CHANCE

Best time to buy stocks is november though to may, GET BUYING !.

Howdi - just to clarify, I said COULD rather than WOULD - clearly there is a chance that it could happen but who knows what the central banks will get up to nest

Its quite interesting that during this latest turmoil, Bitcoin (remember that?) has hardly moved.

*next

NOTED GIN

all the so called experts and pension funds running for the hills with all the mug auto enrollment monies,its a disgrace that governments advice novices to put their hard earned into stockmarkets that can fall 10% in a month on a whim,theres no news out there that wasnt their last week, only 6 days since gideon and sham were pointing us to the sunny uplands , now its talk of downturns,recessions and stockmarket crashes,theres only 1% of the worlds population[richest of course] who saw any upturn,

Stocks have been way overvalued ever since the last crash
In an ideal world they'd only be marginally higher than that now

^^^ yes but high tax payers get sipp contribution ...money for all rope

pay in 6k turn it into 10k ...immediate contribution from gvment and then through tax man

shares have been manipulated for the last few years and this is another attempt which is working well.....

one or two bargains around but best wait a few days imo

Examining today's action further, it appears that the FTSE100 was down at 6075 by 10:45.

Then it went sideways on heavy volume before moving up.
If it moved sideways on heavy volume then the selling was being absorbed.
The buying finally overcame the selling and it recovered to finish 15 points down on the day.

Now ask yourself who on earth was buying amid all the doom and gloom?

Professionals in the market with big money don't buy if they think the market is going even lower in the near future.
So they're unlikely to let it go much lower.
Also, others will respond to the obvious signals and interpret it like I have.

Like I said earlier ''the movements in the stock market are not as random as you might think.'' Whether my analysis on this occasion works out or not.

feed the markets some bad news....wait till it drops and pile in.

let market recover sell off.

pick a time to repeat.

50% of the high would be a great buying op.

pretty good buying opportunity now imo

Howdi
Joined: 13 Oct 04
Replies: 24064 16 Oct 14 18:28   
pretty good buying opportunity now imo

For the 'Dead Cat' bounce

^^^ no for long term investment

especially american stocks

Well I was spot on with my assessment a few weeks ago and as you can see I called the bottom of the market exactly to the day.
So anybody who bought at the time would be enjoying a 3.8% rise in the market to date.

Multiples of the FTSE percentage rise were there for the taking as usual if you knew which shares to go for.
Shares that pick themselves by their price action, and you don't even have to know or even care what business they're in.

Today's market action calls for extreme caution because supply appears to have entered the market despite an 82 point rise.
Yes it was snapped up but increased volume like that on an up bar after a decent rise is always a concern.
So here we are at another possible benchmark in the market. The market could be tested with a sharp drop on Monday.
Whereas an up day with a narrow spread on decent or high volume or a bar like an upside down dagger would surely see the market collapse over the coming days or weeks. Fingers on the sell button.

Nevertheless here's hoping for a drop to recover unchanged on low volume for the day - strength!
Or another fair move up on average (not massive) volume to leave the danger behind for now.

Good luck with your trading no matter how large or small.

Now ask yourself who on earth was buying amid all the doom and gloom?

The Pension Fund managers.
Sell at whatever and then buy back same at 10% less. Now own 11% more shares at little cost.