UK Stockmarket 2009 and beyond

sabretoothtigger

I bought some sl at 133, not enough really but when its seemingly sliding into the abyss its hard to judge where it will bounce back.
I bought the friday before results week. The pro people say only to buy when the charts confirm a possible rise not as a gamble beforehand but theres a few different styles of trading

Again today or this week they are sliding and I think they look weak, I bought a bit anyway as they are worth holding is my guess but its hard to deal with any amount of near term confidence.
You sound like you should be a fund manager or something :laugh: I'd buy some tg stock






Ignore this sorry, its for funds only

Enter the telegraph fantasy stock trade thing and you might get something. Years ago a winner became a fund manager after winning

http://www.fantasyfundmanager.telegraph.co.uk/


http://www.telegraph.co.uk/finance/personalfinance/investing/5437674/Fantasy-Fund-Manager-day-traders-shoot-up-the-table.html

uk_steve

i held out buying for a while but i will indulge soon because a few are hitting the areas which i predict/gussed/hoped/ the shares would hit


looking good for the people which held abit of cash this mth :-)

[Deleted User]

I never did like automated stop losses because of the spikes and whiplash effect. I would still be using them if I were index trading though but feel pretty secure with the sipp`s conservative basket. The trick is never to be wedded to a stock and I dived out of various banks and builders when they were part way through their slide. It hurts at the time but feels like a weight off the shoulders and anyway releases cash for income generators for the pension

You only have to lose everything in a stock once to learn the lesson ie health clinic, in my early days when it went down the pan

tonygee_3

Sound advice(as usual)kittie
Im rather relieved SHI back in the eighties
Nothing worse than shares taking off just as you press sell button:mad:

[Deleted User]

tonygee, my buys always do that too

The sipp has only got £800 cash in it now as I see that the rest of the cash has been moved prior to going into our bank account. This vesting malarky is quite an exciting time and cost only £172 with sippdeal. They must have taken the highest value in the last couple of weeks for the 25%. I am going to try and sit on my hands for a while now as I still believe ukx is bumping along near the bottom. The worst it can do is imo retest 4000 and that won`t bankrupt the companies in the portfolio

My biggest problem is letting shares run and to the bend at the end. I`ll have to remember to take out half if in doubt

[Deleted User]

have any of you ever tried moneyam? It is very good for stockwatch, news and dates. The investors board is free but best to be ignored as it is full of rampers and de-rampers. I use the live prices on stockwatch when I need a live backup ie when I am doing other things on sharescope. The live prices really are live and in tandem with sharescope realtime. Their graphs are also very good

sabretoothtigger

Not tried them before, they showed a few interesting stories in companies Ive been following.


An indian mining company ambitious to expand, tipped some places:

Vedanta Resources PLC (the 'Company')


Transaction in Own Shares

The Company announces that on 19th June 2009 it purchased 29,594 of its ordinary shares at a price of 1423.98 pence per share. The purchased shares will all be held as treasury shares.

Following the above purchase, the Company holds 16,210,700 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 272,762,326.

Vodaphone came back from 112 like I thought they might, about a 9% rise there. been watching them for a while and thought it was a good play so a bit irritating I didnt go ahead, they have a low beta and nice yield.
Some debt is what makes them 'cheap' I think but they have expanding market interests, justified


Stats of SL make them look awful so no wonder they dont do better. PE of 43 apparently, I wonder if next results will reflect things better for them.
They are the best capitalised/solvent of all the life ins afaik
moneyam says their Div Cover is 0.39

sabretoothtigger

duck_3

Watch the markets improve +2.5, if not more tomorrow

[Deleted User]

Now that we officially retired on a private pension, I feel the need to draw the horns in a bit so have downgraded from realtime to eod on ss. It is a fab programme and well worth the £170 a year that it costs me. I have saved £820 pa on that and earlier I downgraded on moneyam so saving another £120 pa. Watching the live ss trading screens was very hypnotic and it is good to be away from the screen more

I don`t intend to trade for quite a while now as I chose the sipp components with care, however that does not stop me taking a keen interest in ftse antics and I am glad to see 4200 holding strong