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UK Stockmarket 2009 and beyond

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Comments

  • Hatone
    Hatone Posts: 71 Forumite
    tonygee wrote: »
    I usually buy in to panic but you can get enticed in when theres a screen full of blue!
    I looked over my recent buying patterns and found I bought a bit(against my trend)in early MAY
    no doubt bouyed by market euphoria,as it happened this was the peak of the rally,fortunately I bought 'laggers' that made money.
    The time to buy is when it seems the end of the world is nigh(early March)

    You mean 'pump 'n dump'? Buy unloved stocks, then sell 'em off when people start to love 'em.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    pump n dump suggests it was never worth buying, I think Tony would be a swing trader maybe

    20yr career day trader discusses american markets live in 30 mins if you are interested :
    http://!!!!!!/gVWMx
  • tonygee_3
    tonygee_3 Posts: 432 Forumite
    EMED certainly spiked today on news but seems to have retraced.Unfortunately us PIs are last to get news and its usually factored into price by time we do.
    People just playing games at moment,longer term us little PIs can beat the big boys:beer:
  • tradetime
    tradetime Posts: 3,200 Forumite
    Yes Bloomberg was at it's most bearish in late Feb through to early March, bear after bear was paraded across the screen, it honestly is a great contrarian indicator
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • tonygee_3
    tonygee_3 Posts: 432 Forumite
    Exactly Sabre,pump&dump I would say is buying CR*P in the hope it will bounce quickly
    CTT springs to mind,I have rarely done this,trouble is you can get left with worthless shares
    Better to buy decent companies in panic and sell in sucker rallies
    Now is not the time to hold 'long term'...too early..massive problems to come
    In the future I will gladly HOLD decent companies(untill the next BUST)
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    but.... its nice to have a play with a little stock at times. As long as there isn`t much money involved of course

    anyway I am seeing 12p around the corner then maybe the sky when it gets involved with rto.

    even holding a decent stock to the end of the curve is very difficult as we need to weigh up capital loss v divi loss
  • tradetime
    tradetime Posts: 3,200 Forumite
    "Pump and dump" is buying a cheap usually penny stock, preferably with low liquidity, and trawling discussion boards, chat rooms etc and "pumping" it as "the next big thing" how it is poised to breakout, the idea being to draw enough volume in so you can "dump" it. It can be quite elaborate with a number of scammers working together through different media, languages and even countries nowadays.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • tradetime
    tradetime Posts: 3,200 Forumite
    edited 1 July 2009 at 6:52PM
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • tradetime
    tradetime Posts: 3,200 Forumite
    kittie wrote: »
    I am bullish. Not bad for summer considering what we have been through. 2 dividends dropped into the account so have bought a penny stock (for once) EMED a copper mining co linked to RTO. Nice to see ukx over 4300 today
    How do you go about finding, and selecting a stock like that Kittie? I'm pretty useless when it comes to finding good individual stocks, hence I don't really bother much with them, but if you can do it well it is by far the most rewarding way to invest.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
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