Ftse breaks through 5000

[stephen500]

The BBC reports that the FTSE broke through the 5000 barrier.
Looking forward to hearing from our trustees that due to rise in shares our pension deficit has improved and our pensions are much safer.
However if I remember correctly the trustees got out of shares after they dived and therefore we will not benefit from the rise!
http://news.bbc.co.uk/1/hi/business/8246846.stm" onclick="window.open(this.href);return false;

[BELIAL]

FTSE up 40% in the last 3months. So I guess all our pensions and endowments and savings plans will show handsome returns

[TrueBlueTerrier]

FTSE up 40% in the last 3months. So I guess all our pensions and endowments and savings plans will show handsome returns

40% - I have heard of Bear Markers and Bull Markets - is this the advent of the Boomerang Market.

Surely 40% is way too high a climb sounds like profit grabbing going on and soon its going to plummet again. Yes sir Mr Brown we have seen the last of "Boom and Bust" haven't we.

[POSTMAN]

The pension deficit numbers are due out soon.

[BELIAL]

FTSE up 40% in the last 3months. So I guess all our pensions and endowments and savings plans will show handsome returns

40% - I have heard of Bear Markers and Bull Markets - is this the advent of the Boomerang Market.

Surely 40% is way too high a climb sounds like profit grabbing going on and soon its going to plummet again. Yes sir Mr Brown we have seen the last of "Boom and Bust" haven't we.

Just one more fatal contradiction inherent in the system I'm afraid.
On the surface it does seem bizarre given the fact that international trade has collapsed; manufacturing output is spiraling down at a rate never before seen;consumer spending has nosedived;lending figures have dropped off the board, and we have just witnessed the first ever total collapse of the financial system that underpins it all.
However if you take it from the fat bastards standpoint ,and realising that the market is above all a very short term mechanism ,it makes perfect sense.
If you've got pots of wonga then you have essentially two choices ;bank it, bonds ,securities ,savings vehicles;or two gamble on the markets. Since base lending rates are at an all time low then the greedy suckers are all moving into shares ,all fully prepared for a very sharp exit into precious metals and many with the knowledge that any potential collapse will be so serious that all their losses will be made good from the public purse .They gamble and you pay them ,no lose

[Tman]

http://news.bbc.co.uk/1/hi/business/8246846.stm" onclick="window.open(this.href);return false;

You should be more selective when choosing which Wikipedia entries to quote, or other posters will think you make it up as you go along...

[BELIAL]

http://news.bbc.co.uk/1/hi/business/8246846.stm

You should be more selective when choosing which Wikipedia entries to quote, or other posters will think you make it up as you go along...

Do elaborate . Please point out which are the relevant Wiki entries I'm sure many would be pleased to share them.
Like the BBc link, recession over let the good times roll
C'mon your not telling me you're really that gullible are you?