Anyone scalping the FTSE Futures??

Morning.

Were back to the Up, stop, Up, stop, Up pattern... The sell buttons have been removed.

u think it will be like facebook(alibaba) ipo, market soft into ipo then moves higher.

market internals were smashed yet the thing would not fall. weird
 
Felt like an old tramp mumbling to myself in the gutter for a while.
Nice to have someone sane to chat with. Err on second thoughts...

Hmm
 

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From the FT

Older readers may remember the property boom which engulfed Tokyo from about 1986 to 1991. The apocryphal statistic was that land under the Imperial Palace was worth about as much as the state of California.

The bursting of that bubble — as well as one in the stock market fuelled by loose monetary policy, financial speculation, corporate cross-holding and dodgy accounting — was followed by the Japanese economic stagnation that persists to this day.

What many readers may not realise, however, is that housing in parts of London is now more expensive than for Tokyo at the peak of that boom.

Nothing to worry about...
 
From Reuters.

Reuters) - Sony Corp (6758.T) on Wednesday sharply deepened its net loss estimate and said it would not pay a dividend this fiscal year for the first time since it listed in 1958 after it was hit by a massive impairment charge for its struggling smartphone division.

The downward revision its the sixth under Chief Executive Kazuo Hirai, who took his post in 2012 promising to pull the firm's troubled electronics division into the black by focusing on its mobile, gaming and imaging units.

"This is the first time we've not paid a dividend and we feel that responsibility as management very heavily," Hirai told a news conference, adding that Sony would aim to start paying dividends again as soon as possible.

The Japanese consumer electronics company is now predicting a 230 billion yen ($2.15 billion) net loss for the year ending March 31, versus its previous forecast for a 50 billion yen loss. It expects an operating loss of 40 billion yen instead of a 140 billion yen profit flagged in July.


Move along nothing to see here...
 
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