FTSE at 154 - eek!!!

barjon

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• Jul 30, 2011

• #1

Just found some old records up in the loft from the early '70s when I was just about cleaned out. FTSE fell from 510 to 154 (70%) in just over a year. No shorting vehicle for amateurs in those days.

jon

 

Pazienza

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• Jul 30, 2011

• #2

barjon said:

Just found some old records up in the loft from the early '70s when I was just about cleaned out. FTSE fell from 510 to 154 (70%) in just over a year. No shorting vehicle for amateurs in those days.

jon

Click to expand...

Was that 73 / 74?

 

barjon

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• Jul 30, 2011

• #3

yeah

 

Pazienza

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• Jul 30, 2011

• #4

Must have been a crazy decade. I was speaking to someone who was an investment adviser at the time, and he was able to convince quite a few new clients to invest around that time. They all made crazy gains - didn't the market shoot up X hundred percent in the near aftermath?

 

B

brewski1984

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• Jul 30, 2011

• #5

I hear beginner_Joe has been averaging down ever since.

 

W

wackypete2

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• Jul 30, 2011

• #6

brewski1984 said:

I hear beginner_Joe has been averaging down ever since.

Click to expand...

Peter