UK Stockmarket 2009 and beyond

tonygee_3

We might be in a paradox but if I buy X Y Z shares and they plummet 30% could I sue Mr Faber:rolleyes:

tonygee_3

Sabre,wasnt it the case in the depression that after the initial crash stocks jumped by sim amount as now only to crash again wiping loads investors out?

[Deleted User]

Thats the truth of it tonygee and ok I might miss the boat but at least the sipp will retain some stability and just scraped a small profit from my remaining oils, so sold half. Equities now at 31%

edit: been scraping a few more sells, parts of holdings and now 44% cash and that makes 29% stocks

sabretoothtigger

'things are different this time'

No really I think they are tbh. At least in america its almost the opposite since in 30's they were on a gold standard and now they are looking to print alot of money which is debasing their currency and the exact opposite of any standards it seems to me


'boats on a rising river' might match whats happening.
Im thinking of investing in a stock with 3.5% yield even though it just doubled in price, I would rather have put it all in at the bottom but if the yield is solid like I think and might grow some more even then I should be invested at least a bit .
Moving capital sideways like the market is crab stepping along might be more successful then plain cash


some market comment

Rio bombshell pulls back Footsie

Market Movers
FTSE 100 4,386.94 +0.08%
techMARK 1,227.51 +0.18%
FTSE 250 7,660.07 -0.37%
Rio Tinto dominated late trading as its deal with Chinese giant Chinalco looked all but dead in the water as the mining giant confirmed it is considering its options.
A rights issue to raise up to $15bn could be announced as soon as tomorrow according to reports in Australia. Rio shares slumped by 7% on the news and dragged other miners down with it.

The Australian newspaper also reported that Rio Tinto will, instead, look to form a joint venture with rival BHP Billiton, which last year abandoned a bid for Rio Tinto, with the two mining titans combining their iron ore interests. Lonmin, Fresnillo and Kazakhmys are the main fallers alongside Rio.

Disappointment with the Bank of England’s decision not to expand its quantitative easing programme also unsettled sentiment. Financials remain firm, however, with property stocks Liberty International, British Land and Hammerson and banking stocks Royal Bank of Scotland, Barclays and Lloyds Banking clawing back some of their recent losses.

tradetime

Dow has just managed its first daily close above the 200sma to join the Nas and S&P, looks more and more like a new bull is born, I'd like to see the transports join it for the last piece of the puzzle. I guess Faber was right. "Never underestimate the power of printing money."

sabretoothtigger

sabretoothtigger wrote: »

http://www.thisismoney.co.uk/markets/article.html?in_article_id=456989&in_page_id=3





Ftse Dec - Jun +2.3%



Jim rogers closed all his shorts due to money printing effects
http://www.youtube.com/watch?v=bufnpROlKPo

duck_3

Well since the 29th my shares have dramatically improved by 14.5% and still rising
The share price today is still up.
There are up and rising...
(Refiles to correct FTSE closing price to 4,438.56, not 4,438.62)
* FTSE gains 1.2 pct, lifted by miners, oils
* Britain's cabinet reshuffle has little impact on stocks
* Rio Tinto cancels proposed Chinalco tie-up, boosts miners
* U.S. payrolls beat forecast, lift sentiment
By Simon Falush
LONDON, June 5 (Reuters) - A rally in miners, bolstered by a surge in Rio Tinto after it dumped plans for a $19.5 billion tie-up with Chinalco and better-than-forecast U.S. jobs data, lifted Britain's FTSE 100 1.2 percent by the close on Friday.
The blue-chip index .FTSE closed up 51.62 points at 4,438.56. The index closed up 3.52 points on Thursday at 4,386.94, and has rallied 28 percent since its low for the year on March 9.
U.S. employers cut 345,000 jobs last month, the fewest since September and far less than forecast according to a government report, the clearest evidence yet that weakness in the economy is starting to abate.

tonygee_3

FTSE been moving sideways for a month
If it rose on Friday then odds on will fall Mon that has been trend
Most shares have not gained anything in that month
If u didnt start buying till the 29th then that could be dangerous after recent rally

turbobob

tonygee wrote: »

wasnt it the case in the depression that after the initial crash stocks jumped by sim amount as now only to crash again wiping loads investors out?

A couple of months into the 1929 bear market it crashed 48%, rebounded sharply (recovered about 50% from the initial low 5 or 6 months later), before the downward spiral continued. My gut feeling is this is not what is happening now. Time will tell..

http://dshort.com/charts/bear-markets.html?current-bear

uk_steve

Just sold and made a nice little profit on HTT, the share price did seem a good buy a mth back