I think all traders who are being mental at the moment should be fired.
The FTSE100 is at a level that it was about 14 years ago, when comparing profits in the companies involved they're up 25% since then.
So basically we shouldn't have any recession at all, but the market isn't acting rationally.
(PsychoChomp, Thu 11 Aug 2011, 14:10, 2 replies, latest was 14 years ago)

But does their value have anything to do with that?
I think this is all about debt. The getting and servicing thereof.
(Set your faces to Stunned Bigly, Thu 11 Aug 2011, 14:18, Reply)

That what I'm all about.

( Monty Boyce, My cheese game is strong, Thu 11 Aug 2011, 14:19, Reply)

What?

( Kroney, Thu 11 Aug 2011, 14:21, Reply)

Getting serviced
he loves it.
(Bazongaloid, Thu 11 Aug 2011, 14:27, Reply)

That is what I'm all about.

( Monty Boyce, My cheese game is strong, Thu 11 Aug 2011, 14:19, Reply)

You can say that again.

(Set your faces to Stunned Bigly, Thu 11 Aug 2011, 14:20, Reply)

At the Phil.

( Monty Boyce, My cheese game is strong, Thu 11 Aug 2011, 14:21, Reply)

You went into debt for those seats

( Amberl was stripey and dominated Europe, Thu 11 Aug 2011, 14:22, Reply)

They were great, though.

( Monty Boyce, My cheese game is strong, Thu 11 Aug 2011, 14:23, Reply)

Seats at the Phil?
Where were they?
(Set your faces to Stunned Bigly, Thu 11 Aug 2011, 14:24, Reply)

I think we've got all the funny we can out of this meme
so you can stop Squeezing.
( The Light in Chains don't touch the Pope's boner, Thu 11 Aug 2011, 14:31, Reply)

Understood.
Is this the first time a meme has been declared dead?
(Set your faces to Stunned Bigly, Thu 11 Aug 2011, 14:31, Reply)

Dead? It's just got a mild cold.

( Monty Boyce, My cheese game is strong, Thu 11 Aug 2011, 14:34, Reply)

I think it got squashed when a whole load of other memes tried to get in illegally
and then some of the other memes pissed on it and stole it's wallet.

Then it's friends held a minutes silence and cried about it a lot.
(Bazongaloid, Thu 11 Aug 2011, 14:39, Reply)

Bit like Paul Grey then

( Amberl was stripey and dominated Europe, Thu 11 Aug 2011, 14:51, Reply)

Oh

( Kroney, Thu 11 Aug 2011, 14:21, Reply)

The profitablility of a company should have a direct link to their share value
as from the profits the dividends are paid. It's not that simple though because you've got to take into account the value of the share and profitability by the time you plan to sell them.
Companies themselves aren't doing too bad in terms of the cash they've got saved up, in fact they're very good comparing the last 10ish years. The debt is owed by the governments.
(PsychoChomp, Thu 11 Aug 2011, 14:24, Reply)

Profitability and debt are not linked in company results.

(Set your faces to Stunned Bigly, Thu 11 Aug 2011, 14:28, Reply)

No but the FTSE100 companies are more profitable and have less debt than the current prices are showing.

(PsychoChomp, Thu 11 Aug 2011, 14:31, Reply)

I am sure you are right.
Because govt's can't service debt this is having a knock on effect to industry.

If the ECB can't support the currency, it means that co's are trading in a currency that may die on it's arse. If that happens then your corporate reserves are for shit too.

It's all to do with confidence. Nothing to do with financials.
(Set your faces to Stunned Bigly, Thu 11 Aug 2011, 14:34, Reply)

it seems too reactionary
perhaps because the trading can happen so fast.
( Vipros. clever got me this far, then tricky got me in, Thu 11 Aug 2011, 14:21, Reply)

Or perhaps because it's all run by cunts of the highest order
who actually don't know what they are doing.

*awaits mighty badger to tell me that I'm wrong*
(Bazongaloid, Thu 11 Aug 2011, 14:28, Reply)

why would I waste my time?

( the mighty badger Aphrodite, on a bar stool, by your side, Thu 11 Aug 2011, 14:30, Reply)

Probably for the same reason you've always decided that you should stick your oar in
to explain why everyone else is wrong and you are right.
(Bazongaloid, Thu 11 Aug 2011, 14:33, Reply)

to give the man credit
he usually is
( Vipros. clever got me this far, then tricky got me in, Thu 11 Aug 2011, 14:34, Reply)

Oh, my my
someone really has pissed on your chips today. and I thought I was having a bad day.
( the mighty badger Aphrodite, on a bar stool, by your side, Thu 11 Aug 2011, 14:35, Reply)

You probably are having a bad day.
But if anyone tried to tell tell you that, you'd just explain that you were in fact having a great day, and then list the reasons.
(Bazongaloid, Thu 11 Aug 2011, 14:37, Reply)

no chance
you'll have to do better than toddler pschology to get a rise out of me, even in this state. 2/10 at best.
( the mighty badger Aphrodite, on a bar stool, by your side, Thu 11 Aug 2011, 14:40, Reply)

You have a point though,
people can make a lot of money by pushing share prices down. A few emails and texts to the right numbers saying "I think France will lose AAA" and by the end of the week you can have made $10-15 million.
(PsychoChomp, Thu 11 Aug 2011, 14:35, Reply)

They're all trend following, so sell when the price is going down, buy when the price is going up.
It's time and time again seen as the best way to win at the market, it's the only way really without a huge amount of people actually looking at the numbers and the statments from companies, reading share reports and press statments and actually making an educated decision on which companies are worth investing it.

Problem is now all big banks pension funds and hedge funds trend follow, but if there's no one actually doing the slow reasearch needed to obtain a decent idea of what the value of a company is then they've got nothing real to follow. They're following rumours and spikes that have disapeared every day for the last week. They are stupid fucks and any analyst in any bank should be slapping their terrified faces.
(PsychoChomp, Thu 11 Aug 2011, 14:30, Reply)

Paperclip trading sounds much more cut and thrust than I've previously given you credit for.

( Kroney, Thu 11 Aug 2011, 14:33, Reply)

Hahahah!

( girlinthehole, Thu 11 Aug 2011, 14:43, Reply)

that seems to be the way of it
I'm going to steal your views and pass them off as my own
( Vipros. clever got me this far, then tricky got me in, Thu 11 Aug 2011, 14:34, Reply)