anybody care to explain whats going on in simple terms?

Alex

 

It's fooked!

 

Porkie should be able to explain!

 

Whatever it is, its keeping so busy he hasnt even been sex pesting maria on here today, so it must be serious

 

 

leave the poor bloke alone! he's working.... besides..... how you ya know he aint been pestering me

 

Either that or Lee is massively hung over and regretting the mere existence of PF!

 

Mostly people panicking.

And people getting money out of stock funds, so banks etc have to sell off too. And then some other shit going on sending it down the pan.

Hold on on what you got, If you like big risks sell off some shit when it has "one" better day. Then buy again later. Shit with this is, you never know if it has one better day it will be it's way up or not, so this might bite you.

Normal people just need to hang on and sweat this one out.

Idiots that kept all their stock after april and the summer deserve what's coming, they should have made their money and reduced their amount of shares when everything was that high.

 

He think he has been, im still getting cash out of him by text.

So pretend not to be surprising if he mentions anything on here about diamonds and fur

 

peopel think america is heading for a recision
american stocks are therefore losing vaule
peole are selling thm
this means everyone is starting to panic sell
the knock on effect is that other marckets will see a dip just for the sypmpathy
apparently the marckets were closed today in america so no one knows what's going on
and with the saudis pushing for more money and opec needing to release mroe oil things are getting costlier and costlier

the other underlying factor seems to be that the chinese don't want oil prices linked to american $ per barrel as the $ is a bit shot at the moment, but that's the other world economy

 

funny that.... his phone is broke.....

 

I (maria) told him (by text) he should say that if anyone pretending to be me tried to contact him

 

I keep hearing that it is the media that is a major driving force in confidence and is causing a lot of the problems that would be NOWHERE near as bad without their hype - is this true?

 

Fear of US recession which would have a knock on effect for us and the UK economy.

Then, when recession hits & everyone is all worried about themselves and their finances and focus turns to us and out ecomomy being a mess, WAR with Iran. Folks will be to busy with daily living to bother looking further afield and protesting, far fetched but its my theory

 

Yesterday.

 

Lee has given up drinking

I was 10000% sober and don't regret a word I said....



Basically people are scared the Sub prime saga and the US recession is going to drag down the rest of the world with it.....

and so there has been a MASSIVE world wide stock sell off...

Fed finally cut rates .75% in an attempt to stimulate the economy... but I'm hearing they are maybe expecting to cut again next week!

In short... blame Team America!

 

Markets are open in America today.


Basically alot of it is to do with sub prime mortgage lending in America that has went tits up!

 

Martin Luther King day!

Aka

Maria Lee day

 

so for a guy that has no shares in nothing how will this affect me?

 

Arr ok so this is linked to all that shite..


Cool more Northen Rock problems - hopefully they'll lose my Mortage account and forget competely that I owe then Ł157k

 

You might luck out and get a UK rate cut in Feb....

and if you have a tracker mortgage you potentially might be in the money...

Maria is the expert there though

But generally on you? no effect mate... Life will go on don't worry

 

ROFL

 

USED to be! I'd have to do a pants bridging exam if i wanted to advise anyone now! booooooo

 

Just blame this guy

 

wohonnn weeeeee

 

 

you won't make a killing on the stock market

 

A .50% cut is on the cards next week - allegedly.

There hasn't been a cut like this sine 1982.

 

I hope I'm doing the right thing in buying up as many company shares ad I can now... if not... I'm fucked

Ain't seen anything on a .5% cut, I know they are definately going to cut the rate in the next couple of weeks, but didn't think it would be a full .5%