UK Stockmarket 2009 and beyond

tradetime

The inverse correlation between the US Dollar and equities in full effect today as the Dollar rallies hard.

[Deleted User]

I have been pretty well sitting on my hands for a few weeks now, very different from when I was actively trading but interestingly the buy and hold strategy with yielding stocks is working very well. I have a couple of speculative stocks but the rest is all in the majors ie oils, telecoms energy, utilities pharma etc and that includes TEP. The utilities have just sat there but at least there is a good divi

I have a large core holding in BP and RDSB with good divis and needless to say they are doing very well, so much so that the sipp portfolio is up 27% since sept 2007. I think I have 21p cash left after buying some more ERE yesterday, this is one of the two speculative stocks and they invest in India. I only hold what I can afford to lose in this type of stock but I am not expecting anything for a few years

uk_steve

kittie wrote: »

I have been pretty well sitting on my hands for a few weeks now, very different from when I was actively trading but interestingly the buy and hold strategy with yielding stocks is working very well. I have a couple of speculative stocks but the rest is all in the majors ie oils, telecoms energy, utilities pharma etc and that includes TEP. The utilities have just sat there but at least there is a good divi

I have a large core holding in BP and RDSB with good divis and needless to say they are doing very well, so much so that the sipp portfolio is up 27% since sept 2007. I think I have 21p cash left after buying some more ERE yesterday, this is one of the two speculative stocks and they invest in India. I only hold what I can afford to lose in this type of stock but I am not expecting anything for a few years

Good Skills Kittie;)

i do have a cash flow myself
but i do have a nasty red screen as well with stocks i hold


I am hoping to max my postion for the long run with my cash flow i have


good luck Kittie:beer:

[Deleted User]

well my optimism hasn`t lasted long and I got the jitters this morning so have sold everything bar my fixed interest non stocks, utilities and ere and emed. Just bought more emid but nothing killing

now to wait and see and back to knitting

sabretoothtigger

I hate selling things on the way down so Ive lost a few percent on average but Im not in a rush to sell, Im really not certain when the market will turn back so cest la vie

I was lucky to sell off enough last week to pat myself on the back but I was really only doing that for cash flow, because I had already bought other stuff and was overdue to sell something.


Lots of big names falling which I dont remember being this low for a while. Barclays approaching £3 again, along with a few others I think some stocks are worth catching or scaling into

Heatmap :

http://www.investorresearch.mdgms.com/tools/heat_maps.html?INDEX=1918069&SECTOR=&DPCATEGORY=SP&SPPLOT=INTRADAY&CBPLOT=CAP&DDPLOT=BUY%3A1MONTH&ORDERBY=TOP


HDY managed to stop the freefall and rise a bit today like I figured it would sometime even on a down day. It wasnt much of a comeback though, so really still vulnerable, which way will it go:D


250 is minor support, 300ish was the big volume but this point also marks resistance from last winter. It seems major enough to me to mark a genuine opportunity to gain an involvement with the stock.
Whether its worth being involved is another matter


If Ftse drops below 5000 theres not so much to support it but right now we havent even lost october gains yet and we're well above sept and aug.
The dollar isnt that strong, shares dont seem that threatened to me

I think shell have results tomorrow, bp was a positive the other day. I have a bit of them, I believe bp pays in dollars which I would not want especially. Cant remember why else I favoured shell now.
Got TEP also, I figured they are a value play and possible growth in a weak economy

Also ERE seem cheap to asset value ? so bought them when you mentioned them last. So long as they are actually well managed, really a long term thing though so who knows and india is a volatile place

emid = emed ? seemed they were on a nice rise for a while. Think I would rather have cey


Spotted a tip for ARM today and considering uk has so little technology stocks they seem a really good play, just one to watch out of interest for me.
They make chips for apple itouch phones and fancy stuff like that and they have been around for years I believe so probably quite a story behind them, not sure of the figures

tradetime

Nice to see a different colour, other than green on the charts, was getting a little boring (no offense to anyone long)
So far we have had a nice correction, this is healthy for a market, a correction allows disciplined longer term buyers to enter the market (whether it's the right decision or not is another thing, who knows)
What interests me is that this correction has come, right into the GDP number, this will be a huge number for sentiment. Goldman S came out yesterday and revised down their GDP estimate, coincidence?
Another interesting feature of the timing of this correction, October represents the end of the financial year for many large US funds, at this point we often see the heaviest window dressing of the year, convenient then to have the sharpest correction of the recovery to date, no?
The selling has been heavy particularly yesterday, I believe this is retail investors, most panicking, some simply locking in profits, if my suspicion is correct then the Specialists and MM's are simply taking us down to reload their inventory and the funds will be accumulation during this phase.

Of course, we could just be about to CRASH :eek: but clearly from the
above I don't think so, either way today will be a big day.

[Deleted User]

I am back in trading mode ala oils. Bought rdsb back early today and also bp, I entered my received amounts from yesterday and bought to include all costs. I got 121 more rdsb and 27 more bp. Phew that was nice

re above posts, yesterday my sells were about locking in profits and me being twitchy was because I have seen nice profits evaporate in the past

JonnyBravo

sabretoothtigger wrote: »

emid = emed ? seemed they were on a nice rise for a while. Think I would rather have cey

EMED remains a punt on when (whether?) they get permits for the Rio Tinto mine in Spain. The initial permit will see the price move over 20p.... but that is long overdue. Latest company target is completion of permitting by end Q1 '10.
Your guess is as good as mine if this is realistic. They don't have a strong track record in keeping to timelines but these permits will arrive one day..... it's just a question of when.
I continue to hold and may buy more on weakness ie below 10p.

:cool:

tradetime

re above posts, yesterday my sells were about locking in profits and me being twitchy was because I have seen nice profits evaporate in the past

Never a bad idea to lock in some profits after a good move imho, just a part of good money management.

turbobob

sabretoothtigger wrote: »

Spotted a tip for ARM today and considering uk has so little technology stocks they seem a really good play, just one to watch out of interest for me.
They make chips for apple itouch phones and fancy stuff like that and they have been around for years I believe so probably quite a story behind them, not sure of the figures

Funny you should mention them, I was thinking about them the other day. They are a spin off from Acorn, who made the BBC and Electron computers back in the 80's. The ARM chip is one of the most prevalent in the world today - if you have a mobile phone it probably has an ARM processor in it.

I got out of NEX (National Express) yesterday for a small loss but above my stop. I just didn't have a good feeling about the price movement. I bought in on news of a possible takeover by Stagecoach. Good decision it seems as they announced talks were called off this morning and there has been a big sell off.

So many stocks now near support levels. Keeping an eye on EMG and Barclays, and some emerging markets ETF's.

EDIT US economy expanded in the 3rd Quarter http://www.bloomberg.com/apps/news?pid=20601087&sid=a_bD4gJ8o4wc lets see what effect this has.