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Title: Plunging stock markets across the globe Post by: tonytats on August 25, 2015, 12:44:40 AM Will / could this plunge us back into recession ? I.e by making lending criteria harder
Why is oil down to $40 a barrel ? - will this have an effect Does anybody have any thoughts ? Having been thro a few in 30 years of trading I don't know if I want to go through another Maybe it's time to sell and move to sunnier climes Title: Re: Plunging stock markets across the globe Post by: cambridgealex on August 25, 2015, 01:13:04 AM My biggest losing day ever by quite some distance :(
Title: Re: Plunging stock markets across the globe Post by: typhoon13 on August 25, 2015, 09:11:09 AM Tony the oil price is low because the big boys are pumping big time to make fracking financially unviable Title: Re: Plunging stock markets across the globe Post by: TightEnd on August 25, 2015, 09:34:15 AM the world economy depends on demand from China, which is falling, and visibility is difficult because you are relying on a secretive state to keep the money flowing
just look at how much they've spent on western assets, on building infrastructure and becoming a first world economy. if Cina crashes, the knock on effect for many of our industries is big still, we mustn't overreact (https://pbs.twimg.com/media/CNLU5fLWcAAxGu5.png) Title: Re: Plunging stock markets across the globe Post by: Doobs on August 25, 2015, 09:39:52 AM You r first instinct should be to buy on falls and not to sell. These things are going to happen several times between now and when you stop investing. You just have to get used to it and move on.
Title: Re: Plunging stock markets across the globe Post by: typhoon13 on August 25, 2015, 10:01:28 AM Sell offs get compounded by modern day trading tools Punters take positions with spread bets (tax free on any profit) Market falls, margin levels get hit, punter cant afford to service the open position so they have to sell sell sell Title: Re: Plunging stock markets across the globe Post by: TightEnd on August 25, 2015, 10:50:24 AM how worried should we be?
http://www.bbc.co.uk/news/business-34040418 Title: Re: Plunging stock markets across the globe Post by: tonytats on August 25, 2015, 01:17:40 PM The effect on pension funds / isas is a loss of 10/20% ? Previously my pension fund plunged from £120k to £80 k ,although markets recovered in 15? Months it took a lot longer 4 years ? At least for my pension fund to get back to £120 k which it was recently I dread to think what its value is now , I stopped paying into it some years ago for this reason and put more into an isa lol
Title: Re: Plunging stock markets across the globe Post by: Doobs on August 25, 2015, 01:35:10 PM Ftse up 200 today. Swongs
Title: Re: Plunging stock markets across the globe Post by: arbboy on August 25, 2015, 01:50:01 PM The super whale Paul Newey predicted on his comical twitter page at the start of the year that there would be a big stock market crash this year. I am unsure tbh.
Title: Re: Plunging stock markets across the globe Post by: mulhuzz on August 25, 2015, 06:55:27 PM The super whale Paul Newey predicted on his comical twitter page at the start of the year that there would be a big stock market crash this year. I am unsure tbh. Prolly just banking on 'Buffet's Number' Title: Re: Plunging stock markets across the globe Post by: tikay on August 26, 2015, 10:00:18 AM Ftse up 200 today. Swongs (https://www.freedomsphoenix.com/Uploads/Graphics/045-0825110058-dead-cat-bounce.gif) Title: Re: Plunging stock markets across the globe Post by: tikay on August 26, 2015, 10:04:04 AM The super whale Paul Newey predicted on his comical twitter page at the start of the year that there would be a big stock market crash this year. I am unsure tbh. Prolly just banking on 'Buffet's Number' I can never resist an opportunity to quote the Great Man, who would hold this view right now....... Predicting rain doesn’t count. Building arks does Title: Re: Plunging stock markets across the globe Post by: The Camel on August 26, 2015, 10:53:42 AM The super whale Paul Newey predicted on his comical twitter page at the start of the year that there would be a big stock market crash this year. I am unsure tbh. I didn't like the fella much before I knew he had Twitter. After 3 minutes perusing his timeline I can confirm my initial impression was correct. Title: Re: Plunging stock markets across the globe Post by: SuperJez on August 26, 2015, 05:11:30 PM Just sit tight and don't sell anything. I mean cmon guys JFC are we mice or men?
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