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UK Stockmarket 2009 and beyond
Comments
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sabretoothtigger wrote: »Alot of people think this and I reckon its completely missing the point of why havent markets already resumed normal business.
Such as imbalances in world trade. The UK is a mere bystander as events unfold.0 -
Thrugelmir wrote: »Such as imbalances in world trade. The UK is a mere bystander as events unfold.
Yes, which is why those who insist that government spending cuts are harming the UK economy are missing the point: our economy is tied to the global economy, so all we can do is make sure our books balance and hope for the best!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Well the Ftse pops through 5400, are one or two of you selling now?
Well I was looking for a good buying opportunity today... but I held off. At the moment I'm trying to decide whether this is the beginning of a big rise or if the FTSE will drop back down on some more bad eurozone news.It could all hang on a few votes in the Slovakian parliment! Really a few people that noone has every heared of could send the Euro to hell and the markets with it.
Decision due tomorrow I think? I really can't see them voting no... but what do I know?!0 -
Before the big move in the afternoon I was thinking that the market would initially go the opposite way to where it is really heading. i.e a bear trap or a bull trap. The low volume is also ominous. Still can't make my mind up though. I've closed the spreadbets (which where long) but otherwise I'm 95% long in equities at the moment.0
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Well I was looking for a good buying opportunity today... but I held off.
Buying? Today? Naaaa, today was a selling day so I flogged off £xxk of one tech holding. Don't get me wrong, it's a good company, but it got toppy on some random broker recommendation.
Of course, now I'm cash rich, and will be hoping that we have a few more of the now-familiar flash sales through Oct, Nov and Dec.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Before the big move in the afternoon I was thinking that the market would initially go the opposite way to where it is really heading. i.e a bear trap or a bull trap. The low volume is also ominous. Still can't make my mind up though.
DOW looks pretty solid at +2% at the moment. I'm guessing some significant bit of news could swing it either way.I've closed the spreadbets (which where long) but otherwise I'm 95% long in equities at the moment.
Does this mean you won't be selling if you think thinks are going to head back down? This would imply you think the last dip was the low point for the moment?gadgetmind wrote: »Buying? Today? Naaaa, today was a selling day so I flogged off £xxk of one tech holding. Don't get me wrong, it's a good company, but it got toppy on some random broker recommendation.
Of course, now I'm cash rich, and will be hoping that we have a few more of the now-familiar flash sales through Oct, Nov and Dec.
Yup I'm gonna hold out with the expectation that we'll have more drops some time soon. I've not done too well with trying to time my buys well... so that probably means we're on for a big surge upwards!0 -
Does this mean you won't be selling if you think thinks are going to head back down? This would imply you think the last dip was the low point for the moment?
I don't tend to sell unless there is a good profit to lock in, so ar I've been holding and buying the dips. I'm not that bothered if we crash to 2008/2009 levels, more opportunities to buy. I see investing as a long term thing. I'd love the status quo to carry on for a long time but I don't think it will.0 -
I don't tend to sell unless there is a good profit to lock in, so ar I've been holding and buying the dips. I'm not that bothered if we crash to 2008/2009 levels, more opportunities to buy. I see investing as a long term thing. I'd love the status quo to carry on for a long time but I don't think it will.
OK. That's what I thought you meant... just wasn't sure I had understood the term "long" correctly. Thanks!0 -
Slovakia voted against the EFSF! TIMBER!0
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Well, BBC mentioned in Breaking News page that the BBC's Rob Cameron in Bratislava says a second vote could be held within days and is likely to succeed. Government officials said earlier they would try to pass the EFSF expansion package in a repeated vote with support from the opposition, but no date has been fixed for that vote yet.
No surprise there!0
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