UK Stockmarket 2009 and beyond

JoeCrystal

You mean that FSTE 100 fell by 43p (-0.01%)

On other hand, my investments made a huge increase of 0.02% :T

[Deleted User]

I have re vamped the portfolio and taken the chance to vest the sipp, which I manage for dh. It isn`t often that there is 25% cash in there and it may as well come out now and be put into places with better interest rates

I can use a pi chart facility on my sharescope programme and it was pretty easy to see where I was top heavy so I have been wheeling and dealing and now have 21 stocks and 17 have a rolling yield of 4.69 up to 7.3%. It was important especially now, to go for yielders as drawdown starts in earnest next summer and I want a lot of cash plopping into the account

I think the sipp will have only a spare 2k in cash left once the fees etc come out. Sippdeal is excellent and I am not expecting hefty charges

Anyway back to the thread topic and the reason for being fully invested: I think ukx will be on a mission in days and just needs to push through 4520. We`ll be seeing 5000+ before long in my humble opinion. dyor though

sabretoothtigger

Its all about the yield, if they can maintain that then the price doesnt matter till the share capital is required.
4500 isnt overvalued long term

Article on why the dow hasnt closed 1% either way in 6 days it is curious
http://www.marketwatch.com/story/should-you-sell-a-dull-market-short


I have sold some ftse short but only as a hedge really, maybe I should have sold the separate shares when I could and just bought a tracker but my guess is quality counts! (or should)

tonygee_3

Hi kittie,sounds like youve been busy.Youre wasted...should be snapped up by investment bank;)
Been quiet on here,prob reflects market,even duck laying low!!

tonygee_3

Im a bit more bearish,think short term will continue rangebound with correction in AUG/SEPT(poss 2 month falls) thats why Im largely on sidelines

tonygee_3

Bigger picture,this recession will last years,no big gains/bull run for 10-15 years.but plenty of opportunities along way.Think some sectors will be cheaper in 3-4 years than they are now.Sounds gloomy but this aint no 2003 run that went up for 4 years straight

[Deleted User]

When I used to trade the dow, using a realtime chart, as now. I used to see a coiling effect and the energy was just building and building until the coil burst one way or the other. That is the kind of effect I can see now and it feels as though ukx is getting ready for a big move. It is range bound but the range is getting narrower and narrower

Just adding that the range has been uptrending

another edit: of course I am human and I also have my fingers crossed

tonygee_3

Sabre,interesting article but not entirely conclusive either way,light volumes..same money swishing about,reluctance of new funds.
Kittie,honestly cant see impetus/catalyst for continued rising.Speculaters pushed up oil/commodities which had a + on markets which then realised this would be bad for recovery also 'green shoots' stories overdone imo

StevieJ

Main indices UK and US appear to be holding above the 200 day MA, I think a positive sign

sabretoothtigger

tonygee wrote: »

Sabre,interesting article but not entirely conclusive either way,light volumes..same money swishing about,reluctance of new funds.
Kittie,honestly cant see impetus/catalyst for continued rising.Speculaters pushed up oil/commodities which had a + on markets which then realised this would be bad for recovery also 'green shoots' stories overdone imo

On a shorter time frame, I was reading a pro trader discussing volume and he said a spike on high volume with low volume fallback shows strength and consolidation

In dec and Jan start we saw low volume over the holidays with a rising ftse and it was fairly obvious this was going to be seriously tested when proper trading began in Jan

From then it fell pretty badly but this time its not so obvious and the higher volume is generally on highs and we're not seeing a big fallback


high volume with no big price movement is called distribution apparently and is a point of weakness/caution

Its hard to judge!