FTSE Down 1000 points

[adrianallen99]

Do IGIndex (Binarybet) know something we don't as they are currently quoting the FTSE to be down -1027 points on monday.

Obviously they have some prior knowledge of some major disaster about to hit us, perhaps a meteor.

Unfortunately the market is closed so I can't open a position at this level.

 

[RogerM]

adrian - it wouldn't take a meteor to do that. On Black Monday 1987 the ftse fell 12.5% and the same again on the Tuesday, equivalent to over 1000 ftse points in total at current levels. And nothing had happened apart from a storm across the South of England.

 

[adrianallen99]

I guess, a meteor would probably only take it down 500 points and it would recover in about 6 days.

Within about 5 mins of me posting the FTSE shot up 1020 points, all this on a sunday

 

[TheBramble]

It's just IG practising their spike play for tomorrow...

 

[adrianallen99]

It's just IG practising their spike play for tomorrow...

Sounds about right