Buy buy buy ...





http://www.sharewatch.com/iseq.php

Time to change the title - we're below 2,000.

Zhou_Enlai wrote:

Time to change the title - we're below 2,000.

I think the title-changing virus that has hit this forum and propagated largely by me originated on this very thread but didn't originate with me.

With rapid change of a downwards direction there must always be consolidation

You sound like a banker/financial adviser. Off with your head.

Féach ar sin, tá na stocmhargadhacha ag titim as a chéile!

FTSE 100	3625.83down	-204.26	-5.33%
Dax	3710.07down	-133.67	-3.48%
Cac 40	2581.46down	-121.02	-4.48%
Dow Jones	6763.29down	-299.64	-4.24%
Nasdaq	1322.85down	-54.99	-3.99%
BBC Global 30	4214.66down	-146.58	-3.33%

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

A good tax free, medium risk, short term, investment for the gamblers out there - which doesn't include me.

Manchester United, the reigning Premier League Champions, are currently 4 points clear at the top of the Premier League. In addition they have played two less games than their nearest rivals which means potentially they will be 10 points clear in a week or so. With only a couple of months left in the season it is now considered very unlikely that anyone can challeng them to their title - in fact some bookmakers have already paid out on their winning the league.

Nevertheless, Paddy Power are offering odds of 1-16 which in layman's terms means if you bet on them and Manchester United win the league you will receive a 6.25% tax free return on your gamble.

Of course the draw back is if they come second you lose it all .

The recession is over!!!

World rally happening today :-

Stocks Rise Around the World; Commodities Gain, Treasuries Fall

http://www.bloomberg.com/apps/news?pid=20601087&sid=a3nNRjiT6z7I&refer=home

March 4 (Bloomberg) -- Stocks rose around the world, commodity prices rallied and Treasuries fell on speculation China will broaden efforts to boost growth and U.S. lawmakers will reach agreement on a plan to stem mortgage defaults.

The Standard & Poor’s 500 Index rebounded from a 12-year low and the Shanghai Composite Index jumped the most in four months. Alcoa Inc., Freeport-McMoRan Copper & Gold Inc. and Aluminum Corp. of China Ltd. surged more than 9 percent as a former statistics chief said China’s Premier Wen Jiabao will announce a new stimulus package tomorrow, spurring demand for metals. The advance in the U.S. was limited as General Electric Co. slumped 11 percent on concern it will have to raise capital.

“Stocks are cheap and the sun will rise again,” said Lawrence Creatura, a Rochester, New York-based money manager at Federated Investors Inc., which oversees $407 billion. “There’s a ray of sunshine in two areas: China and housing. It’s an incremental positive for both commodities and housing.”






Is this the bottom ?

It is the bottom if everyone in the world says it is at the same time.

Lads you don't get it, the recession is over. Whip out your credit cards and get in before the crowds, the boom times are back....

johnfás wrote:

Lads you don't get it, the recession is over. Whip out your credit cards and get in before the crowds, the boom times are back....

When did it finish ? Lunchtime ?

What recession. That was the biggest Great world Depression since the first Great Depression and it was way harder too.

God were they wusses back then.

EvotingMachine0197 wrote:

johnfás wrote:

Lads you don't get it, the recession is over. Whip out your credit cards and get in before the crowds, the boom times are back....

When did it finish ? Lunchtime ?

Bit earlier actually, around 11:30... just after the Diet Coke break.

johnfás wrote:

Lads you don't get it, the recession is over. Whip out your credit cards and get in before the crowds, the boom times are back....

It's such a relief that I can go out now and max it up on a big plasma.

Gold is down also lads - don't forget to reserve a little bit of your VISA limit in order to get the loved ones a bit of garish orange metal as a present.

It's way too late to splurge out on copper though boys - it's on the way up now big style led by China who are probably going to print a new world currency with all that copper.

Check out Bloomberg - the news is coming faster than Colin McRae's Subaru R.I.P.

Partaaay!!!

Launches fridge through window...

Hmmm. That wasn't as spectacular as I thought it might be. Maybe I need to move from the ground floor.

Eeeb, what happened to your fridge?

On the positive side kitchen appliances are far cheaper than they once were. I had to get a part for the fridge a few weeks ago and when I dug out the receipt and that from about 8 years ago it is shocking how much it cost compared to the cost of them now.

johnfás wrote:

Eeeb, what happened to your fridge?

On the positive side kitchen appliances are far cheaper than they once were. I had to get a part for the fridge a few weeks ago and when I dug out the receipt and that from about 8 years ago it is shocking how much it cost compared to the cost of them now.

I think Hermes threw the fridge out the window to celebrate the passing of the recession. It's an old custom, of Mesopotamian origin I think.

johnfás wrote:

Eeeb, what happened to your fridge?

On the positive side kitchen appliances are far cheaper than they once were. I had to get a part for the fridge a few weeks ago and when I dug out the receipt and that from about 8 years ago it is shocking how much it cost compared to the cost of them now.

I'd say that might be due to the glut of parts and products available on the stagnant market as you're probably well aware. It won't be the trend for long as manufacturing costs and transport costs begin to soar (and wages drop). Coupled with the metals shortage, particularly copper and we'll see me go outside and salvage my fridge and any others that I can come across for parts.

But yeah, it is quite amazing to suddenly find that stuff is cheap. It's one of those things that makes you do a double take. I'm alomst tempted to go out and spend like mad. If only I had some money...

There's alaways a bloody catch.

Lads, we're down 17 points so far today... the recession is trying to stage a comeback. We better hit this cheeky bugger where it hurts - on the count of three lets max out our credit cards!!

I'll be buying some Kingspan products later on this month - watch the share price strengthen on the strong profits.

BOI at 15c now. Jesus!

BUY! BUY! BUY!

johnfás wrote:

BUY! BUY! BUY!

Looks like someone bought something



Does a nationalised bank find it harder to get good rates on the money markets or is it irrelevant ?

Auditor #9 wrote:

Does a nationalised bank find it harder to get good rates on the money markets or is it irrelevant ?

I would have thought it is intrinsically linked to the standing of the State which nationalised it. In Ireland's case you would think that it means you would still not get great rates, though you would probably get better rates than otherwise would be the case. Contrasted to Germany where you would think a nationalised bank would get extremely good rates.

Anyway, someone is buying, the recession is over again for the day - crack out the champagne and have a party.