UK Stockmarket 2009 and beyond

[Deleted User]

well I am still predicting an upward move above and beyond what we see now. Its bumpy alright and not good for the nerves so I am finding it best to stay away from the screen. on the whole. Today my portfolio is at an all time high but we`ll see if it manages to cling on. It is because I am overweight on stocks like IPR, RDSB and BATS

Next step is 5400 imo

uk_steve

kittie wrote: »

well I am still predicting an upward move above and beyond what we see now. Its bumpy alright and not good for the nerves so I am finding it best to stay away from the screen. on the whole. Today my portfolio is at an all time high but we`ll see if it manages to cling on. It is because I am overweight on stocks like IPR, RDSB and BATS

Next step is 5400 imo

take profits , take profits:p

tonygee_3

2 scenarios:continue sideways till reality kicks in,January traditionally weak could be trigger.
Or big players continue to pump up commodities till they pop.
Either way No point in holding defensives,they will be either sold to pay for commodities or sold in the downturn

tonygee_3

Bet yore glad you sold FDL,steve;)

tonygee_3

Just to expand on previous comment,checkout prices in the late nineties 'techboom'when techs took off everthing else was either flat or fell.Defensives were sold interestingly commodities were unwanted then and suffered the most,now they are on everones Xmas list??
I do however favour scenario 1

sabretoothtigger

HSBC is up on better earnings but Vodafone and BP arent so positive. Always pays to watch the big 5 or so stocks I figure


5400 or so is resistance maybe if you look on the weekly chart, its a crossroads at least

I'm guessing on down from here short term (till ftse close, maybe longer) just based on a currency marker (I put it there ) popping up and it bounced right off it to the penny and that marker is a month old so I guess thats no coincidence plus the market bounced back at this point yesterday also.


Saw oil explorers mentioned above, does HDY have any merit compared to the Iraqi ones like GKP or is it a different kettle of fish completely
Its resting at 250, Im figuring its a reasonable bet though I cant know if they'll find anything major this year or next, its nice when the price becomes more realistic to the odds


Speaking of power, Im watching chld but guessing agk is better as its less uk focused.
Also added arm, xle, fxi & vgk to watch sentiment or general market

uk_steve

tonygee wrote: »

Bet yore glad you sold FDL,steve;)

yeah i am a lucky man Tony;)

tonygee_3

HDY been on my watchlist,offers more value in sector, so limited downside in a correction and upsides if commodities get pumped.That is purely from chart view,since fundamentals dont matter at moment.Prob be a down day tommorrow so will keep watching.
No point in buying/holding anything else in my view,good yielders will fall by more than div,then theres RI risks or div reductions
Day trading only I think at moment

tonygee_3

MCRO bounced back today,always pays to buy on silly panic,such as Director change etc

FATHEROFTWO_2

Ok heres my thoughts.

BOE announced today that its looking a bit better for recovery.
However they anticipate that inflation will rise sharply.

I am slightly overweight in corporate bonds like
M&G corp Bond and invesco corporate bond.

My thoughts are sell off my profit on these corp bonds only and reinvest equally into a global fund I already have such as Neptune global equity or insynergy odey global.

Ive also got a small amount of additional cash to add to the market and I was thinking of adding equally to a UK mid cap such as threadneedle Uk mid cap and topping up my first state natural resources fund.

My reason for reducing the coprprate bond by skimming the profit is if inflation is going to rise then it will devalue the corporate bonds or do we think its already priced in.

I also have an investec high yield corporate bond fundpaying 8 percent and I was going to add to that as I reckon they might have a bit to run due to there higher interest rate

Any comments from any part of my thoughts are welcom