FTSE down 150 points at 13:00

Oil prices falling, supermarkets in trouble, bankruptcies increasing, terrorism threats- the 4 Hoarsemen of the Poxylips is mounted and there journey has started!

I hope this clarifies the matter!

Slicer you're such a comfort at times like these.

Glad to be able to reassure you. No need to worry, because in 2 generations time, all loans will carry NO interest charges. The government of the Islamic Republic of Britain will not allow it!

I hope this further clarifies the matter!

It's recovered 4 points, phew that's a relief.

^ That was me....steaming in.

Watch out for a dead cat bounce (not literally Kenny Mann).

I'm already out and have bought into a little company making bullet proof vests...you should see their order book !

No bad.
I have invested in a company manufacturing badges saying "Certified Muslim-Do not shoot" for all who wish to avoid death while shopping or travelling,at the hands of adherents to the most peaceful religion in the world!

What would sell is a badge with the Charlie Hebdo front cover on....someone is probably doing it !

175 points down now.

Oh my God!

175 points is nothink. Just weight!
I watched the market live on Black Thursday.

Looks like my investment in options for jumping rights off Beachy Head might pay off in the near future!

What happened on Black Thursday?

Careful !

Are you telling me that an investor of your qualititude does not know! It is the Thursday before Black Monday, when those in the know syruptitiously and without effect on the markets. removed their funds from the markets before Black Monday 1987!

I hope this is of assistance!

It's hit the support level at 6360.
It'll go back up if it can't get through it quickly.

We want KARNAGE !!

Oil slicks in the Tesco aisles

I tipped a whole litre out...they weren't happy !

6360?
More like 6366.

FTSE 250 MID INDEX down 251 points at 14:09

Ah yes- the Golden Number theory.
When you get to my age, a golden number is when you do a number 2 after constipation lasting 2 weeks!

I hope this is not too much information!

Two weeks is a tremendous amount of time to go without going.

some drop

why is this hushed up on the newspages ? - no mention even in the business section

Because they don't know what's going any more than the general public does Coachbuster.
They're a bunch of charlatans.

Dr Crippen- I suppository you are right!

Slicer, regular as clockworm I am.
Or tapeworm.

Doctor - will the FT100 finally reach  7000 this year ?

Coachbuster, I haven't got a clue.

Computer says "No"!

Hmm , i always lost money at that game - bit of a lottery imo unless you knew what you're doing .

european markets generaly holding their own the footsie heavily ladened with mining,commodities,
are these the markets the government are auto enrolling peoples pensions hope they bounce soon after charges the cupboard will be bare,and before you say its a long game with the pitiful mounts people are investing along with charges they,ll be nowt in the kitty to take advantage of the upturns,they,ll be chasing their tails for 50 years,
the world jumps in and out of downturns during your sleep,world growth massively downgraded ,wait till march for gideon to downgrade his forecasts for the 2nd time in 6 months ,luckily he knows hats happening in 2018 ,ffs,

to hear gideon he never gets anything wrong,he is even claiming the deficit is coming down like he predicted

I looked, and behold, a black horse; and he who sat on it held a pair of scales. And I heard him saying, “100 Roubles for a Euro.”

Isn't the euro QE going to hold things up for another year or so?

might be to late by the time mizz merkel untwists her knickers,not a vision i want to contemplate,

It's buttocks clenching time for investors tonight. That's for sure.

I was reading some interesting article about 7000 being some mental imaginary limit but I don't quite see how that could work, as the index is an aggregate of individual 100 share prices.

I doubt you wouldn't buy Tesco shares 3p higher than yesterday if you thought they were value, because you'd worked out that might push the FTSE over 7000? Doesn't make much sense.

Just Checking,
A mental imaginary limit eh?

And who was that who didn't know what he was talking about?

All this does is take from the poor(ish) and give to the rich.
The wee investor panics and sells. The big investor buys and the price rises.
Maybe an over simplification but that's the way of the market.

akabula
That's exactly what is happening.
You can watch their little games and follow them in and out if you learn to read the signs.
You don't have to be sucked in at the tops and shaken out at the bottoms.

The drops should remind people that the one of the most significant part of investing for the amateurs should be protecting the principal and NOT chasing returns.

That support level t 6366 is proving a strong one. It's picked up again after going through it.
I don't know how long it will last this time though.

Up or down?

chargeeeeeee

Up or down?

Am I bullish or bearish?
Definitely bearish at this point. The upside is weak.

There is a resistance level at 6500 on the upside, and another one at 6700 which will take some effort to go through if it gets there.

Nevertheless there wasn't much effort to go down after yesterday, it could have been expected to follow through today or perhaps tomorrow.

Chartist's theme - When today's chart is broken, draw another one tomorrow

TBF You only lose out if you sell. If you don't need the cash then hold tight.

that,ll keep the tesco buyers happy

they can celebrate losing their dividend ,halving of the share price in the certain knowledge it will all return, think there junk status now you,ll be piling in akbula,

The financial services industry is a massive industry made up of guessers.

Anyone with an interest in this sort of stuff, and that includes anyone with money in pensions, funds etc should take a look at Sensible Investing.tv and watch the 3 Most Viewed videos.

A bit like the higher and lower game in Brucie's play your cards right.......

"Lower than a Queen!?!??"