Worst FTSE falls in history.
Comments
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Buying opportunity4
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I'm sure those who play the market will be fine whereas the average punter will suffer.newyorkaddick said:Buying opportunity
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I just looked at the FTSE and its down 1.6%. Am I missing something?0
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Lol - OK that is a big fall now.SantaClaus said:I just looked at the FTSE and its down 1.6%. Am I missing something?
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Currently down 528 pts0
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It's those traders who all thought we were staying having a mass panic as they bought the wrong shares/currency yesterday.
Throw a hissy this morning, shares tumble, few days later since the world is still turning, things recover.
This is helped by Osborne continually talking us into a recession. Mr Doom & Gloom.12 -
I bet it's "only" down a couple of hundred points by the end of the day.1
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I hope so SLL. We need to wait for the rest of the world to start waking up and see whether they pull back their investments for safer markets. The further east you go the worse it could get. That's my fear.0
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Bit like Charlton since Roly took over.AFKABartram said:Currently down 528 pts
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Dead cat bounce at the moment.0
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In about 1 month it will be clearer as to where we are.
The Media and Financial Markets will whip themselves up in to a frenzy and when the dust has settled I think we'll be down, but nowhere near as drastic as the first few hours of today will be.2 -
20% off bank stocks, buy now while prices are cheap.2
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Germany's stock market has bigger falls.0
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twitter saying we're no longer the world's 5th largest economy and have been overtaken by................France.
Not sure how they calculate that but I blame anyone who works at the Bank of England. They say they have £250bn to boost economy but I haven't seen my £390k yet1 -
Is that points or pints, are you still in the pubAFKABartram said:Currently down 528 pts
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every down is an up waiting to happen2
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Most of us have been there, done that. It's the little kids with no real experience of what to do that will be running around, panicking, chasing markets up and down. the reality is nothing has actually changed and nothing will change, in or out. The UK Will carry on trading, we will keep on crossing borders, as will the EU and the rest of the world. The Pound crashing hurts the rest of the world just as much as it does the UK. If we can't afford to buy goods because they are too expensive then it's somebody else's problem that they need to solve psq especially if our goods become a lot cheaper and undercut theirs. The Pound will be back where it started pretty soon, as will the stock markets. A lot of traders will have their fingers burnt in the meantime and a few lucky ones will make a huge profit and try and delutionally claim it was all down to their skills, whereas the reality will be they were lucky. In the meantime what really matters is who is going to be charlton's next signing and will England beat IcelandJessieAddick said:I must say you all seem very calm considering a financial earthquake has just happened in your country which will soon (or is already) affect the global market.... I work in the international business department of a bank here in China and thank goodness we don't have corporate customers who do import/export business in pounds... Currency fluctuations are never good for a country's economy and I reckon there will be a lot of British companies facing financial losses now that the pound is in free fall.
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just wait til one of the major banks leave and then northern ireland and scotland vote to leave the uk.. Pandora's box this referendum.2
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'We can cope with Brexit! We're the 5th biggest economy!'
Well now thanks to the vote we've fallen behind France and still tumbling.0 -
Quite right - we will still trade and life will go on (in or out)0
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Relax. Anyone who invests in the stock market will presumably have heard of Neil Woodford and he's not having kittens like many on here.
https://woodfordfunds.com/blog/brexit-initial-thoughts/6 -
Spot on.letthegoodtimesroll said:
Most of us have been there, done that. It's the little kids with no real experience of what to do that will be running around, panicking, chasing markets up and down. the reality is nothing has actually changed and nothing will change, in or out. The UK Will carry on trading, we will keep on crossing borders, as will the EU and the rest of the world. The Pound crashing hurts the rest of the world just as much as it does the UK. If we can't afford to buy goods because they are too expensive then it's somebody else's problem that they need to solve psq especially if our goods become a lot cheaper and undercut theirs. The Pound will be back where it started pretty soon, as will the stock markets. A lot of traders will have their fingers burnt in the meantime and a few lucky ones will make a huge profit and try and delutionally claim it was all down to their skills, whereas the reality will be they were lucky. In the meantime what really matters is who is going to be charlton's next signing and will England beat IcelandJessieAddick said:I must say you all seem very calm considering a financial earthquake has just happened in your country which will soon (or is already) affect the global market.... I work in the international business department of a bank here in China and thank goodness we don't have corporate customers who do import/export business in pounds... Currency fluctuations are never good for a country's economy and I reckon there will be a lot of British companies facing financial losses now that the pound is in free fall.
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Time in the market, not timing the market. It will come back.0
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stockbrokers and bankers .. they epitomise the cliché .. know the cost of everything and the value of zilch3
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That is such a macro view. Things will happen to real people, like job losses, not just on paper markets.letthegoodtimesroll said:
Most of us have been there, done that. It's the little kids with no real experience of what to do that will be running around, panicking, chasing markets up and down. the reality is nothing has actually changed and nothing will change, in or out. The UK Will carry on trading, we will keep on crossing borders, as will the EU and the rest of the world. The Pound crashing hurts the rest of the world just as much as it does the UK. If we can't afford to buy goods because they are too expensive then it's somebody else's problem that they need to solve psq especially if our goods become a lot cheaper and undercut theirs. The Pound will be back where it started pretty soon, as will the stock markets. A lot of traders will have their fingers burnt in the meantime and a few lucky ones will make a huge profit and try and delutionally claim it was all down to their skills, whereas the reality will be they were lucky. In the meantime what really matters is who is going to be charlton's next signing and will England beat IcelandJessieAddick said:I must say you all seem very calm considering a financial earthquake has just happened in your country which will soon (or is already) affect the global market.... I work in the international business department of a bank here in China and thank goodness we don't have corporate customers who do import/export business in pounds... Currency fluctuations are never good for a country's economy and I reckon there will be a lot of British companies facing financial losses now that the pound is in free fall.
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Didn't realise we had so many accurate stock market predictors on here. You must all surely be millionaires!2
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And ?Chunes said:Didn't realise we had so many accurate stock market predictors on here. You must all surely be millionaires!
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and i suppose you are??Chunes said:Didn't realise we had so many accurate stock market predictors on here. You must all surely be millionaires!
What a strange comment1 -
The only job losses that will happen because of this are Cameron's resignation and those traders that got fcked by last nights market swingsmcgrandall said:
That is such a macro view. Things will happen to real people, like job losses, not just on paper markets.letthegoodtimesroll said:
Most of us have been there, done that. It's the little kids with no real experience of what to do that will be running around, panicking, chasing markets up and down. the reality is nothing has actually changed and nothing will change, in or out. The UK Will carry on trading, we will keep on crossing borders, as will the EU and the rest of the world. The Pound crashing hurts the rest of the world just as much as it does the UK. If we can't afford to buy goods because they are too expensive then it's somebody else's problem that they need to solve psq especially if our goods become a lot cheaper and undercut theirs. The Pound will be back where it started pretty soon, as will the stock markets. A lot of traders will have their fingers burnt in the meantime and a few lucky ones will make a huge profit and try and delutionally claim it was all down to their skills, whereas the reality will be they were lucky. In the meantime what really matters is who is going to be charlton's next signing and will England beat IcelandJessieAddick said:I must say you all seem very calm considering a financial earthquake has just happened in your country which will soon (or is already) affect the global market.... I work in the international business department of a bank here in China and thank goodness we don't have corporate customers who do import/export business in pounds... Currency fluctuations are never good for a country's economy and I reckon there will be a lot of British companies facing financial losses now that the pound is in free fall.
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Oh, and AFKAs part time job as a political pollsterletthegoodtimesroll said:
The only job losses that will happen because of this are Cameron's resignation and those traders that got fcked by last nights market swingsmcgrandall said:
That is such a macro view. Things will happen to real people, like job losses, not just on paper markets.letthegoodtimesroll said:
Most of us have been there, done that. It's the little kids with no real experience of what to do that will be running around, panicking, chasing markets up and down. the reality is nothing has actually changed and nothing will change, in or out. The UK Will carry on trading, we will keep on crossing borders, as will the EU and the rest of the world. The Pound crashing hurts the rest of the world just as much as it does the UK. If we can't afford to buy goods because they are too expensive then it's somebody else's problem that they need to solve psq especially if our goods become a lot cheaper and undercut theirs. The Pound will be back where it started pretty soon, as will the stock markets. A lot of traders will have their fingers burnt in the meantime and a few lucky ones will make a huge profit and try and delutionally claim it was all down to their skills, whereas the reality will be they were lucky. In the meantime what really matters is who is going to be charlton's next signing and will England beat IcelandJessieAddick said:I must say you all seem very calm considering a financial earthquake has just happened in your country which will soon (or is already) affect the global market.... I work in the international business department of a bank here in China and thank goodness we don't have corporate customers who do import/export business in pounds... Currency fluctuations are never good for a country's economy and I reckon there will be a lot of British companies facing financial losses now that the pound is in free fall.
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