London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I would not say they are gutless, what it is (imo) is the finance markets reacting to the verbage used by reporting parties that contantly scaremonger. Sell off some when shorting the other side?
Was chating to a pal, he remarked if there was a world wide ban on shorting and a min hold of 6 month on any shares bought..what would that do for stability? Never happen of course...its all about turning a quick buck/pound/euro etc etc
Seems to work for Buffet though? But he is a fundementals man and not a day trader hey.
Just thoughts
Rgds Sft
At least Beerbull is talking sense. Not sure who the other two wallies are.
Groover: "Terrified of their own shadows/death most of the time and here we go again. In contrast FTSE dropped 275."
Lol, do you wanna look at the percentage change instead of absolute values?
As horrible as the markets are currently give it a few months & this will be all water under the bridge. IMO best to switch off & enjoy the ride up once this flu thing burns out.
Now down 1010 points already. I gave closing drop of about 1200 points about 1430 as know how pathetic yanks can be at times. Terrified of their own shadows/death most of the time and here we go again. In contrast FTSE dropped 275.
WHO reiterated very clearly today not at pandemic stage still, praising Chinas actions which has shown number of cases have REDUCED.
All this panic in States is so predictable. Really no time for them at all. Gutless
Of those which I detailed, 6 of those were 2018 & 19 under Trump!!! Whilst today is not to be ignored, in percentage terms, it's not (yet at least!) what some would have you believe. The key is not one day or even a week, but how sustained and fall will or could be.
Whilst I do not, by any means, dismiss Covid-19, I'm blinking glad it's not an Ebola type virus!!
GL and good health to all.
You h ave got to remember, pre 2008 crash the Dow traded double the ftse +give or take 200 points, it's now over 4 times ftse so therefore bigger drops are inevitable. That said today is quite worrying.
Nah, just a sniffle:
Date Close Points Percent
15/10/2008 8,577.91 -733.08 -7.87
01/12/2008 8,149.09 -679.95 -7.70
09/10/2008 8,579.19 -678.92 -7.33
17/09/2001 8,920.70 -684.81 -7.13
29/09/2008 10,365.45 -777.68 -6.98
14/04/2000 10,305.78 -617.78 -5.66
08/08/2011 10,809.85 -634.76 -5.55
05/02/2018 24,345.75 -1,175.21 -4.60
08/02/2018 23,860.46 -1,032.89 -4.15
24/06/2016 17,400.75 -610.32 -3.39
10/10/2018 25,598.74 -831.83 -3.15
04/12/2018 25,027.07 -799.36 -3.10
14/08/2019 25,479.42 -800.49 -3.05
22/03/2018 23,957.89 -724.42 -2.93
Thanks for sparing us the time to express your concern.
Biggest one day drop in dow easily possible today.
It already touched -1000 a few minutes ago
I think -777 is the record
This could cause the stock market to crash with tremendous force I am afraid.
Just look at the exponential growth on DOW...............****s about to hit the fan