UK Stockmarket 2009 and beyond

ses6jwg

aminex currently showing a 75% gain I have 13,500 shares roughly so around £800 profit at the moment...

Do I hold?

So much in the pipeline and JP morgan bought more this morning.

sabretoothtigger

The market is very frothy I think but its amazing how long it can go on for and we dont seem to have too much guide where it'll settle because currency values keep threatening to go down

Ive been trying to cash in /rebalance a few funds just temporarily but Im not really intending to sell up as such.

When is Tony back, I think I'll pencil that in as my target date for this wobbly market to start to set.
I think he said end of Jan which would match results season roughly





Most notable gain is on gold Miners and EMED is back up also

[Deleted User]

I have set 5 limit buys so far, biggies as usual. I use the same amount of money that I sold for, deduct all costs and set a limit so I gain more shares but it also corresponds to some TA support or other. I also set the expiry the day before ex div if it is in the next month or so

I also bought a couple to play with again. LLOY with a target of 90 and EMG with a target of 380

I`m sitting in the first floor lounge this afternoon. Calculator, pencil and paper to one side, coffee on the side table and laptop on my knee. I`m looking out at lovely trees silhouetted against the grey sky and I am doing my level best not to be impetuous and I`m trying to forget the chocolates downstairs. I`m practising self control!!!

ooh looks like a bull trap coming up if we finish below 5550

sabretoothtigger

ooh looks like a bull trap coming up if we finish below 5550

I just had someone else telling almost exactly the same thing

close below 5555 .................master resistance level !!

Insider Selling/Buying Ratio At 62.3x To Start Off 2010; Insiders Can't Thank The Fed Enough For Inflated Stock Prices

http://www.zerohedge.com/article/insider-sellingbuying-ratio-623x-start-2010-insiders-cant-thank-fed-enough-inflated-stock-pr

gotmaintvtr

im quite new to this and read this thread quite abit

can you explain what you mean by a bull trap?

sabretoothtigger

http://www.investopedia.com/terms/b/bulltrap.asp


Just means people have bought at the top price for the medium term. It doesnt really matter if you are an investor and the companies are good, just like any price is secondary to prospects.

Traders caught at the highest price will sell off quickly and thats why the market is so spikey. People only want a share that'll go up straight away and a bull trap means these people get hurt short term

Alot of the price is just traders borrowing money at 0.5% and only holding at some duration or other (the opposite being people who buy and hold forever pretty much).
When the tide goes out, its sort of a reference to that temporary effect and those that'll be left out in the cold as they assumed a higher level then was actually true longer term.

The classic exaggerated example would be the 1929 peak which wasnt regained for a long time after, so profits were assumed that could not be delivered , etc

gotmaintvtr

thanks for that.

ses6jwg

This is why I am sticking to Oil and Gas and a couple of defensive stocks such as food producers and retailers.

Both are more resilient in a falling market.

[Deleted User]

I decided not to `play` with emg and lloy, so have no stocks now. I just received this

http://www.citywire.co.uk/personal/-/news/money-property-and-tax/content.aspx?ID=376152&re=8082&ea=3040

I also cancelled all my limit buys as I have more control manually.

In my heart of hearts, I also fear a double dip is in the pipeline and that is why I have been so watchful and mindful of scraping up profits.

We need eod over 5500 with good volume to make me think otherwise

Thrugelmir

ses6jwg wrote: »

This is why I am sticking to Oil and Gas and a couple of defensive stocks such as food producers and retailers.

Both are more resilient in a falling market.

Never take your eye off the market.

Shell and BP hit by Chevron warning and falling oil price

http://www.citywire.co.uk/personal/-/news/markets-companies-and-funds/content.aspx?ID=376324&re=8087&ea=237867


Kittie, Agree with your comment. Nows the time to take profits and let events unfold.