Today is Black Friday

It’s been muted a few times before, but today is the day IMHO

Fasten seatbelts, tighten your pants…

US Futures lockec limit down

DAX & CAC down 10%, FTSE hit 9%

Bonds sky rocketing.

Currencys tanking…


Will Roubini be right, will the markets not open today??? Rumours on that and rate cuts getting stronger…

1929 Great Crash Anniversary

The initial crash occurred on Black Thursday*** (October 24, 1929), ***but it was the catastrophic downturn of Black Monday and Tuesday (October 28 and 29, 1929) that precipitated widespread panic and the onset of unprecedented and long-lasting consequences for the United States. The collapse continued for a month.


We just need a Black Tuesday and a Black Wednesday to complete the set.

You had more patience than me for going through the old threads!


Come back in a month and you’ll probably have your full house!

Good Mourning, Black Friday 8)

Dollar down against Yen. Euro down against Dollar. Sterling down against Euro.

Looks like forced unwinding of carry trades to me.

Brightened up a bit. ISEQ down only 3ish% at 16:30 (rather bizarrely the last time that Yahoo shows until it updates the 17:00 close figures!).


Has it reached 1000 yet? :nin

Nah, we’re still on the generational buying opportunity that is 2,650. We’ve a while to go before we hit the generational buying opportunity that is 1,000.

I thought the floor would be around 2700, now I wonder if its in three digits.