UK Stockmarket 2009 and beyond

tonygee_3

Made a few% on IAP but frankly this daytrading lark too stressful for me,there is a lot of tension,gains could quite easily reverse.You must be feeling it cloud dog or have you sold?Think my bloodpressure is rising in tandem with VIX:(

I could do with another holiday but darent

Nosht

Bad news from the PIGS, market sure to collapse & housing too.

N.

turbobob

Nosht wrote: »

Bad news from the PIGS, market sure to collapse & housing too.

N.

Have you put money on that?

Old_Slaphead

Nosht wrote: »

Bad news from the PIGS, market sure to collapse & housing too.

N.

You might be right (but then again you might not be)

If the news is in the public domain then what's known will have been priced into the market.

If you can read the market what are you doing here (altruism ?) - you should be sunning yourself in Bermuda or somewhere.

cloud_dog

tonygee wrote: »

Made a few% on IAP but frankly this daytrading lark too stressful for me,there is a lot of tension,gains could quite easily reverse.You must be feeling it cloud dog or have you sold?Think my bloodpressure is rising in tandem with VIX:(

I try not to day-trade (I have enough problems second guessihng what I'm doing as it is). Having said that I am monitoring things as we may have lower to go. I'm still about 40% cash so may chose to ride out any further falls.

POG (the share) was great today, up over 20p then bam (like a lot of stocks today) finished down 33p.

tradetime

Wandering in the range, support and resistance remain the same. Unless there is some startling new news, I don't think anything meaningful will happen before Tuesday now as we have a long weekend in the US. If we were to breakout to the upside, I'd expect it to be reversed next week
The PIIGS news imo is old news, has been known about since they were christened along with the inevitable bailout in whatever form if needed. Also the UK's woes. It can whip us around a bit, but for the most part I just see it as noise.

sabretoothtigger

Im told the case for the US Dollar index is still strong. I had thought it might break down but apparently I was missing some pieces in the jigsaw and its still on an uptrend. There is resistance above to stop this trend but not right now

The lows of today match the lows of Feb 3rd (as a trend not absolute figures) so in theory the the feb 3rd equity pattern could repeat also




Anyway, a few things have gone sideways now and could revert to falling as they had been previously so unfortunately a trend break upwards seems less likely in my estimation


HOC duplicates silver pretty much, I expect more of yesterdays weakness. Comex silver has upside 1570 and downside potential of 1460 http://www.metalprices.com/FreeSite/metals/ag/ag.asp





It would appear being a pessimist pays right now

POG (the share) was great today, up over 20p then bam (like a lot of stocks today) finished down 33p.

POG is pretty cheap I reckon but its all relative to where you think the gold price will be longer term. They go ex dividend soon on the 24th with 1.6% at the moment which is high for a gold miner

All the miners doing well today so I guess my comments are more of a prediction then a reflection right now



So in summary Im going to look into where to place funds but I expect more falls so will not be in a hurry.
Looking to invest funds into more emerging markets then the uk and europe bias I had previously also thats actually worth paying a management fee for, I can judge uk risk ok myself

FTSE is 5195 which is very close to previous support we bounced off a few times. This would be an ideal turning point if thats how it turns out. 4951 is support below Im told

blinko

can anyone help me, im looking for exposure to africa and latin america ideally via unit trusts/investment trust etc

i have an accounta t with hargreaves lansdown

if anyone has any recommendations that would be great thanks

tradetime

Don't know anything about unit trusts etc, but an example of DIY would be iShares MSCI Latin America (LTAM). As far as funds go, don't know if his are available to the general public, but Mark Mobius of Templeton Asset Management is active in Latin America.

You might get a better response if you start a thread entitled Seeking Investment Exposure To Latin America and Africa. There are a fair few knowledgeable folks who post about Unit trusts etc

cloud_dog

blinko wrote: »

can anyone help me, im looking for exposure to africa and latin america ideally via unit trusts/investment trust etc

i have an accounta t with hargreaves lansdown

if anyone has any recommendations that would be great thanks

Blinko try Trustnet and Morning Star. The link for Trustnet takes you to the fund section and select 'Latin America' from the Geographies drop down list. Just be aware that some Lat Am funds categorise themselves as 'Emerging Markets' so may not show up in a specific Lat Am sector search.

For Africa thats a bit more difficult as there isn't an accepted 'Africa' sector. Your best bet would be to use the Hargreaves Lansdown fund search tool and type in the word 'Africa' to see what funds come up.