UK Stockmarket 2009 and beyond

cloud_dog

I see there is a fertilizer/potash ETF from Global X. Not available on SelfTrade.

ses6jwg

Taking a big hit on HOIL at the moment, tried to catch the knife at £2.92... foolish.

sabretoothtigger

Im moving away from raw product ETF . Due to increasing risk of endgame dramatic scenarios and lots of spikey action, aiming to reduce risk as I already take part in leveraged trades.
Just completed a 250 topup special offer with a spreadbet firm fairly easily. They have another this month for a 200 gbp referral if anyone is interested let me know and I will see if I qualify for it

Sold most of my CRB index fund LCTY. If I did rebuy it'd be XDBC


I like all these firms, all were tipped just now in the same email :T:

[center] BG Group (BG.)

The past two weeks on the hourly chart of BG Group reveal a head & shoulders breakdown, with the gap down from the formation this week a very bearish signal. The position now is that one would be surprised if the downside here was at least towards the floor of the governing May descending price channel at 1,280p by the end of this month. Only back above the gap at 1,345p on an end of day close delays the downside scenario.

[URL="http://watshot.com/sitemedia/zaks-ta.com/bg170611.GIF"]
http://watshot.com/sitemedia/zaks-ta.com/bg170611.GIF[/URL]


Standard Chartered (STAN)

While banks have received a bad press over the past three years, and justifiably so, this negativity has not been appropriate to Standard Chartered and HSBC, who were not irresponsible in making 'bad choices' in the boom times. Lloyds Banking (LLOY) also did nothing wrong until its 'bad choice' in merging with Halifax, one of the worst mergers since Sid Vicious / Nancy Spungen.

At least from a charting perspective we see how Standard Chartered shares have been dragged down with the sector on the daily timeframe, but the impression is that the stock is bumping along the bottom. This idea is backed up by the bullish divergence in the RSI window, all above March support. A decent buy trigger here would be an end of day close above the grey 20 day moving average at 1,577p for those who do not want to buy the dips towards 1,550p. The initial upside is seen as another spike towards the black 200 day moving average at 1,711p over the next 6 - 8 weeks.

Risk Warning: The value of investments can go down as well as up. Past performance is no guarantee of future success. Investing in equities can lose you part or all of your capital. The tips given here are of necessity, general. They cannot relate to the individual circumstances of investors. Anyone considering following the recommendations contained here should seek independent advice. Financial spreadbetting is a high risk activity, losses from which are theoretically unlimited.

[url]http://watshot.com/sitemedia/zaks-ta.com/stan170611.GIF[/url]


IG Group (IGG)

Sometimes it is very clever not to look to catch falling knives in a falling stock market. In IG Group it can be seen how the shares have hit a line of support from August at 430p, but the intraday reversal from 440p already today suggests that there could be a retest of the February intraday support at 417p before the situation here stabilises in a sustained way.

[url]http://watshot.com/sitemedia/zaks-ta.com/igg170611.GIF[/url][/center]

Taking a big hit on HOIL at the moment, tried to catch the knife at £2.92... foolish.

I dont think that was foolish. They were and are reasonable value I think, nothing has changed except we are going through alot of revolutions and so on.

Where would you rather be in Greece with the politics of government spending or the owner of some the worlds largest natural resources heavily in demand.
HOIL is not really waiting for success, they already had tons of it. Largest gas find in 30 years and so on.

I wont waffle on but alot of details are weighing them down that are far from fatal to the final price of this company.
I'd aim to be a buyer of them at this price and hopefully towards 200 if possible but not bad value so far as I can see.

Sold Rockhopper, aiming to sell GKP and want to replace it with good stock like HOIL unfairly weak despite having all the pieces in place to make alot of money in future


Extreme risks are always out there in everything, safety is a rarity
Argentina President calls Britain 'a crass colonial power in decline' over Falklands sovereignty row

ses6jwg

I hold both RKH and GKP at 43p and £1.01 respectively.

I sold 3/4 of my RKH holding at £2.42 at the first spike only for it to double to £5. Never mind, a bird in the hand and all that... I am now holding both until the reserves are realised or they are (hopefully) bought out.

I see what you are saying about HOIL, but like most of the smaller O&G companies I believe management are only in it for themselves.

Otherwise I am currently holding -

Workspace Group @ 21p (Now 29.5p)
Lloyds Bank @ 61p (now 48p, ouch)
BP PLC @ £3.43 (now £4.33)
Greggs @ £4.34( now £5.13)
Aviva @ £3.92 (now £4.19)

I am considering purchasing some Cable and Wireless Worldwide when funds become availiable.

sabretoothtigger

This seems like probably good advice to be honest:

Synthetic ETFs spell danger, says Bank of England
A Bank of England report warns 'synthetic' exchange traded funds (ETFs) are probably unsuitable for private investors.

http://www.citywire.co.uk/partners/redirector.aspx?contentid=503478&deliverytargetcode=web3__sections__citywire_money&re=14795&ea=247039&utm_source=BulkEmail_Money_Daily&utm_medium=BulkEmail_Money_Daily&utm_campaign=BulkEmail_Money_Daily



I did go ahead and buy a bit more Heritage Oil in the end, not quite 200 but its been pretty dam close. Couldnt figure why not, they have so much cash

Also got today ESSAR Indian energy .
I think they'll be needed and their investment in power generation for such a fast growing nation seems absolutely essential.
Coming online this year

Lloyds Bank @ 61p (now 48p, ouch)

even more owch, this is a flippy share. Either side of 60p it accelerates away

Barc broke 250 for first time since the start of this thread. Major pain just got promoted :eek:

Smoked_Haddock

Keeping eye on Barclays. 3 days of rising price, that's my buy signal on day 4

Thrugelmir

Smoked_Haddock wrote: »

Keeping eye on Barclays. 3 days of rising price, that's my buy signal on day 4

Are those cunning Arabs still sitting on the warrants?

Potentially dilution for existing shareholders when they do.

Smoked_Haddock

hope that's priced in

blinko

its a nasty market out there, and there is more bad news on the horizon. The arabs did very well and I have to give it up to them. If only I had the money to do that.

yes they should still hold some of the shares i think they sold half, although why they didn't sell all of them ??

StevieJ

Surely Aviva must be a good buy now.

Yield 8.4

P/E 5.5

Dividend cover 2.19

Shell not bad as well.