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I suppose they'll doing their sums over the weekend calculating how much float is left in the markets.
Is that it or are we going lower? They won't mark it up until they're happy that everybody has finished selling that's for sure. |
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3 TRILLION WORLD WIDE AND not a penny changes hands,capitalist utopia
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china were the billy big boys all along and if wasn't if usa caught a cold,it was if china sneezes the world gets a
![]() virus, |
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rebounded nearly 1,7% in 40 mins,someone somewhere in the world must have took a lemsip ,its absolute madness,so called financial experts running around like headless chickens reacting to no one no,s what
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The volume of shares traded traded today was very high, with the index finishing off the lows, which will give plenty of comfort to those who study the bars and volumes.
It looks pretty much like what is called ''stopping volume.'' That usually heralds the end of the big drops because it strongly suggests that buying has entered the market. Bearing in mind that they wrong footed us on Wednesday with that ''test'' like bar finishing on the days high. But nevertheless, don't get jumping off the top floor yet. |
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Behind the curve as usual, Dr Crippen.
You've already missed out. The bellweather is Apple. Apple up $15 from the open. (also £ down below $1.28, so double bonus). Don't try to pile in early Monday morning. The rise will already be priced in. |
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Just had a look at the the Dow UB.
That price action looks a bit like what they call ''Bag Holding'' catching the shares into their bags as they drop into them - lol. |
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And note the very high volume on yesterday's trading which endorses the situation.
And some still say the markets are random, they must be blind. |
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Not sure about that Dr Crippen but you're right about Financial Advisers: the average FA or IFA couldn't find the couch in his living room.
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the hedge funds dont need brexit now.
ftse was higher in 1999 |
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I had a share dealing accounts with SVS securities and haven't been able to access the account since August.
Although I probably wouldn't have sold anything it's likely that many other SVS customers have lost out. |
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has warren buffet ever sold a share
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Shoddy way to be treated by the SVC administrators, JML.
By comparison, in the USA, shareholders are guaranteed up to £400k and reimbursing them would have been the first priority. Hope it is resolved soon - you should have been weighed in last August/September. |
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SVS - sorry
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ftse was higher in 1999
Yes around 350 points higher. Which is startling since the FTSE 100 was designed to rise, and is made up from the highest capitalised companies. As companies falter, they're taken out of the index and replaced by those that are doing better. Yet despite that advantage it's only gone up by 800 or so points in 20 years if we take the market tops closing prices as our benchmarks. |
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ITS ONLY WHERE IT IS because of the collapsing pound and ftse is stuffed with foreign companies dealing in dollars
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Looking good!But if it completely crashed,what if it ends up far worse than 2008? What if their solution to it isn't what you thought? Whats your plan B?
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I hope for and expect a rapid 20% rise in my favourite stocks:
Apple Microsoft |
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We've all got our fingers crossed for you UB.
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Yes, best of luck UB.
The most annoying thing about the time taken to sort out SVS is the fact that there was no shortage in the amount of money/shares the company held. |
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That's right JML.
There are guarantees that should have been applied to reimburse SVS investors last summer/autumn. Tell you what may help to explain the delay though:- administrators are said to charging £900 per hour. On that basis, a single administrator may have racked up a million in fees already. |
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The market commentators will explain that the FTSE100 has lost 600 points over concerns for the Corona virus.
Those better informed, will conclude that the market professionals have grasped the opportunity presented by corona virus concerns, to wipe 600 points off the market in order to pick up stock at knock down prices to sell back to investors when the time is ripe When looking at these index charts, it seems one does better to study the American markets knowing how slavishly the others seem to follow. |
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if people were picking up stock at knock down prices wouldn't the market be rising instead of falling,its the institutions who are selling at knock down prices ainit it,or am I missing something, obviously someone always backs a 999 shot
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if people were picking up stock at knock down prices wouldn't the market be rising instead of falling
Of course not, these are market professionals, they simply buy what's being sold. If they weren't absorbing the selling then the market would continue down throughout the day. See my post at 28 Feb 10:52. |
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A thread full of high flying ego tripping bull****s
![]() Ill put up a thread with the truth, the real truth and nothing but the truth.. |
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A thread full of high flying ego tripping bull****s
It will be if you write much more. |
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They're turning the screw again.
How much pain can you take before you're shaken out! Hitting the same level as the bottom on 28 Feb, I said before they like to keep to their support levels. They're looking to see how much selling is left in the market before their next move. |
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"Ill put up a thread with the truth, the real truth and nothing but the truth.. "
Do they want the truth, maybe they can't handle truth? I've sold my plumetting Easyjet shares and I'm waiting on Stelios starting "EasyGrave", the budget burial specalists for these Coronavirus times. Bulk packages and cheap mass plague pits available, (special rules apply for Stag Do's). RyanHeir are doing a similar deal but they bury you 100 miles away from where you want to be interred. |
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Motley Fool has put Easyjet up as a buy. Timing it right is impossible really, but get ready to buy em back lower.
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government have led millions of people into thinking under auto enrolment their building themselves up a nice little nest egg,which for most was pie in the sky anyway at the amounts they were investing,less fees etc, after this correction millions will be sitting on nothing and when they get statements that points this out,the drop out rates at the same times as % of wges increases,will be massive imho
the down bit of investments can go up as well as down is ignored by millions when the government spent all their literature,information is designed to convince you,your going to have a nice little nest egg, big/longer investors might take a bigger cash hit but still have larger amounts left in to take advantage of the tick up .when it comes |
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I do find it a huge overreaction that the virus is being predicted that it might lower global growth from what, 2.6 to (worst case?) 1.5% yet this has the effect of hammering 15%+ off the global stockmarkets, or whatever the total worldwide figure is. It's not like "we'll grow but 1ish percent slower", they are reacting as if it'll cause a world wide recession.
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I agree 1tp, it's a bad time to take out an annuity with a pension pot.
If I'd got a maturing pension, I'd cancel it pronto and defer the maturity date. Of course most can't do that because they depend on getting the money from their pension to live on. The public sector don't any of this sh!te, their pensions are guaranteed, gold plated, and index linked. Who'd want to work in the private sector these days except those who have no choice? |
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"Of course most can't do that because they depend on getting the money from their pension to live on."
It's not a clear cut issue like that anymore. With pension freedom you can do annuitities in stages or do drawdown or take out the lump sum and defer the rest for annuities later, etc etc, AFAIK. If you retired tommorow with a private pension you'd have a lump sum and even if you didn't you could draw down some now and take an annuity later if the markets recover. One of the best things the Tories have done that. Opposed of course by the lefties who HATE freedom as they patronisingly believe people can't handle their own financial affairs. I was discussing all this the other day to a nice guy in an indian call centre as I transferred most of my pension to a safe bank account he recommended. ![]() |
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"after this correction millions will be sitting on nothing"
Nonsense. They'll be down a bit. I've a private pension and my regret is not putting MORE in. |
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its over 10% down on last month, good job you didnt and can fill up now...
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It's not a clear cut issue like that anymore.]
It is if they're retiring and need the money. Don't say they can live off the state until the time is right to take their pension, because that is not allowed. All pension rights have to be declared when claiming benefits. |
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"It is if they're retiring and need the money."
No it's not. In the old days AFAIK you had to take the annuity, and the entire annuity, on that date and you were ****ed if it was at the wrong time. Now it's your pot, you could withdraw say 10% over the next 2 years as a drawdown then if markets recover convert it all into an annuity. Meanwhile the untouched pot can be kept in whatever hopefully well managed investment package it would've been in anyway. Or just do it all via drawdown. I'm not saying the markets going down is a good thing but it's not end of the world and they don't have to start p1ssing around with being bound into sh1t annuities for the rest of their life at the moment. Which years ago would've been the case. |
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Okay Just Checking.
Now tell us what someone who has just retired, is supposed to live on if he doesn't take his pension? He's got no savings, just his pension. |
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What you're on about doesn't apply to the normal married bloke.
He has difficulty making ends meet when he's working let alone when he's retired. |
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foook me its not rocket science if you've just started auto enrolment in last few years on the minimal amounts invested by both employer and employee, plus fees and providers are trying to make you 2,.3.4% at best and markets are tumbling 10% plus,and before the fall were behind levels of 2 years ago,its wont look pretty on paper for those been promised nest eggs,
I,m not talking about saVY INVESTOR,S AND THOSE WHO UNDERSTAND HOW THESE THINGS pan out, but people who are now paying 4% of their wages instead of 1% and be expecting to see big gains |