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brassneck
17 Jan 15 18:44
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Date Joined: 13 Feb 03
| Topic/replies: 21,633 | Blogger: brassneck's blog
Remember the wall street crash?.when people jumped out windows.think it was 1923.
I have a gut feeling that there is a bigger crash on the way.
I imagine it is going to happen next week.
The markets are getting very wobbly ,something is brewing ,
remember you read it here first.Shocked
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Report akabula January 17, 2015 6:47 PM GMT
No I can't remember it. I hope you didn't witness the people jumping out of the windows.
Report Nilsson Schmilsson January 17, 2015 6:50 PM GMT
every chance there might be one on may 8th
Report brassneck January 17, 2015 6:52 PM GMT
Its my guess that we may see it next week.Something is going on.Euro has slipped to the lowest value ever on record.
Report akabula January 17, 2015 6:55 PM GMT
Any more good news lads. Like WW3 ready to start, a comet heading towards earth or The Leopard now writing for Woman's Own.
Report 1st time poster January 17, 2015 6:57 PM GMT
they dont jump now ,they sit in a leather chair with a grand bottle of brandy and 1000 pound cigar and wait for gideon to trot along with a wheelbarrow with 400 billion in it,if they could they,d instigate a crash they would because they are richer now than the 2008 crash
Report 1st time poster January 17, 2015 6:59 PM GMT
only the ones with a concience jump so more chance of been hit with a flying pig
Report brassneck January 17, 2015 7:04 PM GMT
I think Daddy Rich will be calling a meeting with all the Fat Cats of the world to try and sort out things and save their googleplexes of trillions.LaughLaughLaugh
Report blackbarn January 17, 2015 7:06 PM GMT
Call me old-fashioned, but financial advice from someone who is SIX YEARS OUT on the Wall Street Crash AFTER it happened, may not have his finger on the pulse.
Report Ovalman. January 17, 2015 7:15 PM GMT
Is this the new Tony Broke thread?
Report brassneck January 17, 2015 7:16 PM GMT
Hi Blackbarn ,you are quite correct,i know SFA about it,But I think something is going down and nobody is saying anything in case they make the markets wobble even more,but something big is going to happen.Some major news.i can feel it in my bones.
Report Ovalman. January 17, 2015 7:17 PM GMT
Keep ttt'ing this until May
Report brassneck January 17, 2015 7:23 PM GMT
You know something about it ovalman,(you are in the know).So its May that something is going to happen.Grin
Report Gin January 17, 2015 7:30 PM GMT
There must be a chance of the ECB announcing a surprise round of QE next Thursday - If so, expect stocks to get a boost.
Report blackbarn January 17, 2015 7:33 PM GMT
Brassneck.  You clearly know enough to know that there is "wobbling" going on. The thing is though that there is already a lot to wobble about - Terrorism, Commodity demand, Eurozone deflation etc etc. The key question is how much of all this risk is already priced in to the markets.  If you are a worrier, buy a Gold ETF, and buy shares in both big Drug companies and both big Tobacco companies.

nb - I bought back into Gold a week ago.
Report tictacman1 January 17, 2015 7:34 PM GMT
http://www.moneynews.com/MKTNews/Market-Collapse-Finance-Stocks/2013/03/01/id/492699/

from money news... u decide ?
Report blackbarn January 17, 2015 7:35 PM GMT
Sorry forgot to add....there is an Election in MayWink
Report 1st time poster January 17, 2015 7:37 PM GMT
what did you buy a pair of ear rings, Happy
Report Gin January 17, 2015 7:40 PM GMT
nb. I am currently "out" of stocks.
Report brassneck January 17, 2015 7:40 PM GMT
Yes,im thinking that myself,they would need to print billions .
My guess is that Europe are about to split into two groups,A rich group and a poor group,and they are going to chuck out Greece.
But it looks like we are all heading for a world wide recession.and all countries will be set back 100 years.
its looking bad for England ,as  we will all go into deflation,and spain,portugal ,and Ireland will surely suffer real bad,as they own billions.Italy are in serious troubleas well.Thats my own opinion.
Report GAZO January 17, 2015 7:44 PM GMT
the warren buffett of betfair has spoken,sell,sell,sell
Report blackbarn January 17, 2015 7:50 PM GMT
1st time poster - was the ear rings question aimed at me? The answers no. I bought into ETFS Metal Securities Ltd Physical Gold (PHGP) through Hargreaves Lansdown. I was a week late but my timing wasn't far out.
Report 1st time poster January 17, 2015 7:50 PM GMT
wont be much a split rich germany the rest poor ,now what
Report Capt__F January 17, 2015 8:01 PM GMT
The wobble in worldwide financial markets plus the clammer for Government Pension Bonds is simple.

The latest ban of CMAT.
Report Ibrahima Sonko January 17, 2015 8:13 PM GMT
considering the whole world is in debt to someone or something a crash is just around the corner, so is wwIII btw.
Report brassneck January 17, 2015 8:50 PM GMT
I think that the Euro needs a massive boost,so the powers that be will do something about it next Monday or Tuesday.
its a bit like the gambling on betfair.
So say a guy changes all he has to buy euro's,sits it out for a week or hides behind the sofa and then sells his euro's next week-end for a free 1/4 profit.
But if some other breaking news arrives during the week a guy could end up in the poor house.
Something like bye bye Greece,and division 1 and division 2 in Europe,we could have sky scraper jumping.
But at the moment the BRASSNECK CORPORATION advises to but euro's and sell next week.Laugh
Report Mc Moonbeam January 17, 2015 9:04 PM GMT
You clearly know enough to know that there is "wobbling" going on  Laugh


The money men are So Greedy they artificially 'prop up' the markets & artificially avoid the general public getting in on any full blown crash

1 month to today  BP were trading @ 365p  , Tesco 165p , most were too busy looking at Christmas tree's to buy instead

If they didn't Fully crash in 2008 after the banking fiasco , it Never will imo
Report blackbarn January 17, 2015 9:23 PM GMT
Not sure if I am the only one Mc Moonbeam, but I do not understand your post. In what way, were Joe Public prevented from buying Tesco shares at their trough of just shy of 165p on December 15th.  Are you saying they were being artificially inflated at not far off half their post 2008 crash price? I'm puzzled.
Report marychain1 January 17, 2015 9:26 PM GMT
The reason the Euro and £ are wobbling against the other markets is because their manufacturing has never properly recovered and although the economies have seemingly prospered over Christmas in terms of spending it is clearly because personal borrowing is up massively. Spending power has not increased, people have just whacked the plastic. And the Eurozone is still having to import more and more.

The markets are a different matter, it could go tits up at any stage. Sticking your money in shares is like making a play at Angelina Jolie. You might get your tongue down her throat, get your hands on her baps or if you're lucky you'll get your fingers and tops, but be careful because it's unlikely you'll get your end away and at some stage Brad Pitt is going to come home and chop your nuts off.
Report Mc Moonbeam January 17, 2015 9:33 PM GMT
I'm not saying they were prevented blackbarn , just that as soon as any value appears it won't last very long at all as the big traders will simply trade the value upwards , regardless of a true representation of the market/company .


The markets are just Hot Air imo

I mean is BP really worth 10% More than they were last month (they're a huge cash rich company - regardless of the price of oil)
Report blackbarn January 17, 2015 9:37 PM GMT
marychain - Your £ vs the Euro non-wobble is a shocking omission - Up on the week, the month, the year, the last two years. Not so much a wobble, more a trend.  French holidays this year!!

Re your "stick your money in shares" view,  What do you suggest for those with a pension and savings?
Report Mc Moonbeam January 17, 2015 9:38 PM GMT
I disagree though marychain

I'd rather have my money in markets than sat in a Uk bank (although I haven't) as I just buy & sell Sad


If Banks don't go tits up .. how the hell can the markets ... think about it ffs
Report blackbarn January 17, 2015 9:42 PM GMT
Mc Moonbeam.  To answer your question, yes of course they are!!.  Worth is simply what a willing buyer will pay a willing seller. Twas ever thusWink.
Report Mc Moonbeam January 17, 2015 9:47 PM GMT
you get my point though , 10% is Absolutely Gigantic in terms of a company like BP's net worth (which is all a share price is)

I was meaning more that they prvent any true crash , more than preventing the public from buying (the public buy less than 1% of all shares)
Report blackbarn January 17, 2015 9:57 PM GMT
Yes I do Mc. but I dont really agree with the absolute direct link between net worth and share price even though that is how it should work. Share prices these days are a heady mix of loads of different factors. 

One of the best pieces of investment advice I was given is that in a market downturn look for big companies that are following the market down but whose business is not affected by that downturn to the same extent as all or most of their competitors. Wouldn't have Tesco or BP in that camp but American Express in 2008 was a good callHappy
Report rob_dylan January 17, 2015 9:59 PM GMT
Surely virtually all shares are owned by the public ultimately.
Report G1_Jockey_4 January 17, 2015 10:02 PM GMT
no its a correction.

we were due one.
Report blackbarn January 17, 2015 10:03 PM GMT
you're Rob, but try telling your Pension Fund to sell the ones you don't likeCrazyCrazy
Report Mc Moonbeam January 17, 2015 10:09 PM GMT
but I dont really agree with the absolute direct link between net worth and share price even though that is how it should work.

I do tbh , that's all it should mean , though you're right , that's the beauty of a free market of course & it'd be impossible to make anything worthwhile otherwise Happy


Just because they own them they probably didn't buy them rob , the banks , pension companies all trade in each others pockets
Report Mc Moonbeam January 17, 2015 10:14 PM GMT
Can you imagine Chelsea winning the league 'wobbling by 10%' on a bit of a news scandal , they'd eat them for breakfast on here Cool
Report Crisp77 January 19, 2015 9:42 AM GMT
Not a good day to be invested in China Shocked
Report G1_Jockey_4 January 19, 2015 10:06 AM GMT
dropped a few plates have they?
Report Dr Crippen January 19, 2015 10:56 AM GMT
A bear market is not a crash.
Report brassneck January 20, 2015 12:28 AM GMT
I think I know what is happening.
Germany pumped mega bucks into Europe and are scared that Greece,Spain,Portugal,Italy.and Ireland are going to do a bunk with the money they borrowed(about 1000 billion)and not be able to pay it back.
So Germany (Starting to feel the pinch themselves)want their trillion back.
So the plan is that the European central bank who are owed the money from the five dodgy countries are going to make each central bank of each country of the 5 pay them and then they will pay Germany.
This will leave the 5 dodgy governments of the 5 dodgy countries having to get the trillion of the people of their respective countries.(please note this is all opinion of mine
but if I am  correct we are all doomed.CryCryCry
Report brassneck January 20, 2015 12:51 AM GMT
the countries will grind to a shuddering halt,people will starve,all economies will break down,And then Germany armed with their trillions will be the knight in shining armor take over Europe without the use of one bullet.
Once settled they will turn their eyes on Paris and London.
And HEY PRESTO in ten years time the Germans will be rulers and owners of Europe.
Report G1_Jockey_4 January 20, 2015 9:47 AM GMT
id be looking to invest abroad in property in areas which have already bottomed out.

can see europe picking up very soon.
Report Dr Crippen January 20, 2015 11:20 AM GMT
Crashes don't usually come on the backs of bad news.
You need a specific set of market conditions to create a crash. The first requirement is a bull market and lots of buyers and good news to set it all up.

We've seen some hefty falls over the last couple of years, and twice the FTSE has tumbled over 800 points, but notice how the market always recovers.
What was the bad news that precipitated those falls?

And more to the point, what was the good news that cancelled it out and caused the market to recover after the falls?

Ever get the feeling that you are being taken for a ride?
Report Jack Hacksaw January 20, 2015 11:23 AM GMT
It won't be the rich bankers and fund managers jumping out of any windows.  They have made their millions and will be OK whatever happens.

It will be all the people those putting their pension and savings money into the funds directly or indirectly who will lose their money.
Report HH Sultan Vinegar January 20, 2015 12:14 PM GMT
Billy Hill: odds of Greece leaving the euro is now 1/2
Report Stow_judge January 20, 2015 4:35 PM GMT
If the US Dollar ever collapses, everything will go down in value enormously. The US Dollar is the reserve currency.

Those with the most will lose the most.

http://en.wikipedia.org/wiki/Reserve_currency

http://www.theglobeandmail.com/report-on-business/rob-commentary/a-scary-prediction-for-the-collapse-of-paper-money/article4181492/
http://www.naturalnews.com/047975_paper_currency_fiat_money_economic_collapse.html
Report Jack Hacksaw January 20, 2015 5:12 PM GMT
If savings accounts pay negligible interest, where are people expected to put their money except into shares and property? (Oh, and spend it, which is what the government really want)

Investment property i.e. London rises.  Stocks rise.

Not necessarily that much to do with any stock market or macroeconomic fundamentals.  More like Hobson's choice and good old supply and demand.

Dr Crippen, you obviously know what you are talking about but in trying to link index movements and current events or economic data, you sound a bit like the BBC newsreaders explaining that the FTSE was down 80 due to fears of a Greek exit or lower than expected trade figures or up 30 due to good weather.
Report Dr Crippen January 20, 2015 5:17 PM GMT
trying to link index movements and current events or economic data,

Jack, I thought I was suggesting that in most cases the index and the news aren't linked.
The market moves through it's cycles regardless of the news.
Report Dr Crippen January 20, 2015 5:19 PM GMT
Obviously good news in a bull market will help it on it's way, but when it's ready to come down it'll come down regardless of the news.
And the reverse at a bottom.
Report Jack Hacksaw January 20, 2015 5:24 PM GMT
Apologies, if I misunderstood you Doc.
Report brassneck January 20, 2015 10:23 PM GMT
That French woman who's name is something like Christine la garde and is a member of the troika,has said today that the people of Ireland should should sell their banks to get some money.She must be an agent for the fat cats,and all those fat cats are germans.
THE PLOT THICKENS.LaughLaughLaugh
Report G1_Jockey_4 January 22, 2015 1:37 PM GMT
charge.......
Report Money Tree cost me thousands!! January 22, 2015 1:52 PM GMT
Bad predictions on this thread.
Nothing's gonna happen.
Report GAZO January 22, 2015 5:56 PM GMT
just keep printing money it doesnt seem to be doing any harmHappy
Report G1_Jockey_4 January 22, 2015 9:15 PM GMT
eurozone just caught on....good move.
expect them to pick up overt eh next few years.

ps...property prices have bottomed out Wink
Report brassneck January 22, 2015 11:44 PM GMT
Big day Sunday,GREECE going to the polls,and the favs to win are saying "no way we wont pay what we owe"
They might get chucked out,and then Europe will crumble as a united team.
if they let them stay in and they don't honour their debt it will cause bigger trouble.
ITS A DOUBLE EDGED SWORD.and should be very interesting.
Report G1_Jockey_4 January 23, 2015 11:46 AM GMT
greece are on the wind up imo.

take a look at the pstars console and check out the high roller even in the tcoop Shocked

way over half of the current entrants are greek pmsl

thats simply not right

imo their poorer people are the ones taking the brunt of the austerity measures and the rich are getting away with it.
they shouldnt be bailed out by the eu imo
Report Mc Moonbeam January 23, 2015 3:47 PM GMT
Crash has already happened pre Christmas (nobody could be bothered to start a thread then)

I often wonder where some of the player money comes from on stars Gl , think a lot must pool their funds & take pieces of action on each other in their group , that way if one hits big they all make a piece Wink
Report Mc Moonbeam January 23, 2015 4:06 PM GMT
That's quite a shocking early list tbh
are you playing any of the Tcoop events ?

they don't even seem to be meeting quota's for the sats , they even cancelled a $20 deadline sat last night , will play for the $27R & $82 this afternoon Happy
Report zorrostrikes January 23, 2015 4:19 PM GMT
yes there bloody well is one coming. they have been printing paper money like confetti. all the paper money will return to its true value of zero. Gold will replace it. the fifty years of fake money era is going to end. All the old banker types like Rothschild will have salted all their physical assets away in Switzerland. paintings. land and gold. After the dust settles they will return to their lands hang up the art work and start over again. Its a pattern that repeats. the rich are buying physical stuff. Artwork is selling at ridiculous prices.

hopefully the middle classes and working classes wise up and take control - I personally believe we are shafted yet again.
Report Mc Moonbeam January 23, 2015 4:25 PM GMT
it's true the world is changing , new Bitcoin poker sites are being launched & agree physical assets are the ones we should be aiming for (but again is too late to buy Gold like 10 years ago - idiots just wanna Trade it still) plus we all still need to pay bills in the meantime , unlike them , or the benefit class of immigrants taking over
Report G1_Jockey_4 January 24, 2015 7:12 PM GMT
i played the shootout yesterday afternoon.

won the headsup 1st round.
won the next 6 seater and quadrupled my buyin but played like a **** in the next round Sad
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