When stocks rebound, WHERE best to invest?

[Raffe]

No I haven't, I want too but being so unstable you dont know what the next hour is going to bring let alone the mid-long term, although I suspect if buying for the long term most big companies like RR will recover fine, what I was saying is that if your willing (and more knowledgeable than me) then there is money to be made in this market which is what the thread is all about..

I am not sure if and how RR will recover, but I suppose many of their clients will go bankrupt.

I am not looking at buying any equities any time soon. I am afraid we will see a lot worse before the market recovers. And I mean a lot.

[murkeywaters]

I am not sure if and how RR will recover, but I suppose many of their clients will go bankrupt.

I am not looking at buying any equities any time soon. I am afraid we will see a lot worse before the market recovers. And I mean a lot.

RR mainly build military based products but have recently started to move into commercial aircraft engine repair, so yes some of their clients could well go bust..

I do agree this could get a lot worse, small rises will make money very short term as in daily trading but over the coming months those rises will be ate up by falling markets, be interesting to see what the DOW does when it opens..

[Raffe]

RR mainly build military based products but have recently started to move into commercial aircraft engine repair, so yes some of their clients could well go bust..

I do agree this could get a lot worse, small rises will make money very short term as in daily trading but over the coming months those rises will be ate up by falling markets, be interesting to see what the DOW does when it opens..

Dow currently heading for a minus 11% opening.

[murkeywaters]

Dow currently heading for a minus 11% opening.

If that's true it will drop over 2500 points, so from 23000 to 20500 - is that right?? Hitting 0% yesterday leaves the Dow nowhere to go..

[Raffe]

If that's true it will drop over 2500 points, so from 23000 to 20500 - is that right?? Hitting 0% yesterday leaves the Dow nowhere to go..

Yep.

Currently down 'only' 10%.

[crazyp]

Yep.

Currently down 'only' 10%.

Lord knows what happens when we 1. hit peak hysteria (especially in the States) and 2. actually start seeing economic fallout if/when Italy needs a bailout.

[BillN]

the £ has fallen quite a bit over the past couple of weeks - from 1.20 to 1.10 to the Euros - although the "experts" are saying that it is over done - but what do they know.

normally when the £ falls against the US $ the market, FTSE, goes the other way!!!!!

[murkeywaters]

Lord knows what happens when we 1. hit peak hysteria (especially in the States) and 2. actually start seeing economic fallout if/when Italy needs a bailout.

I thought this yesterday, if Italy needs a bail out is the Eurozone in a capable position to do that or even sort itself out? Don't want to start another brexit thread but the Euro could be in real danger if Italy hands its keys back..

[murkeywaters]

Yep.

Currently down 'only' 10%.

Wow, nearly 12% down - 20,527.10 and circuit breakers kicked in.

[trident-7]

I thought investors turned to gold in times such as these. So why is the gold price dropping as well? Where's all the cash going when everybody is selling?

[Raffe]

Wow, nearly 12% down - 20,527.10 and circuit breakers kicked in.

Down 3,000 at market closing.