UK Stockmarket 2009 and beyond

uk_steve

tonygee wrote: »

SOLD AQP BRE &NFDS
should be picked up cheaper again soon

when did you buy NFDS?


i have 1 green today woohhooo!!!



my gemd (it allways does me well:T) but i am holding onto it for a bit longer


i have a few nr back at purchase price now

come on lets have a good week;)

tradetime

sabretoothtigger wrote: »

Yea Its amazing how quick the sun comes out, I thought they'd be a bounce at some point but this is pretty quick. No clouds on the horizon is there

Hehe, it's all just a numbers game, DAX testing the right shoulder currently

sabretoothtigger

Usa has its biggest rise since March 23rd today, rough estimate for ftse open is 4362

Here is a round up of what gained most, intel heads the list

http://www.marketwatch.com/investing/index/INDU?siteid=bnbh


Massive fakeout or confirmation that 930 is strong till year end?
Im not sure but 'biggest rise' appearing on top of a rally sounds a note for caution to me.

A broad rally defys the nature of these specialist companies, the gap between good and bad should widen but it seems to be the opposite right now.

tradetime

Monster rally 3% more or less across the board on US exchanges, 2.5% for the FTSE puts the bulls back in the driving seat. A shut your eyes, hit the buy button and hope the trend doesn't reverse before you get comfy not a pullback in sight. Gold had a big pop as well along with other commodities. Pick up in volume, not huge,but a pickup none the less suggesting new money may be coming in.

Volume pickup.

tradetime

Massive fakeout or confirmation that 930 is strong till year end?
Im not sure but 'biggest rise' appearing on top of a rally sounds a note for caution to me.

Big week for the major indices now, we are currently in the test of the H&S pattern, ordinarily I would expect a failure of that test, but in the midst of earnings, the FED printing money, etc, who knows. It will make things interesting if nothing else. Earnings of note today: Nokia, Google, IBM, and JP Morgan.

[Deleted User]

I`m back out from behind a cushion and happy to see the portfolio positive again. Phew that was some rockin rollin ride. I didn`t have to use the sickbag because ukx pretty well held onto the 200 day MA. I`m back to thinking that the next target (don`t know when) will be 4500 as long as the 50 day MA holds at 4296 ish and that has got to be eod and not a flash in the pan for just a minute

browniej

kittie wrote: »

I`m back out from behind a cushion and happy to see the portfolio positive again.

I thought your SIPP made 16% in the last 2 years? Do you not count this as part of your portfolio?

[Deleted User]

yes it did and it is and by positive I mean positive wrt its all time high just before this last dip so it is now higher again. A portfolio like ours has the potential for movement but with a good steady core that provides dividends, which of course adds to the portfolio value year on year

more explanation: the pot is divided up and spread amongst various asset classes. Prefs, pibs, good solid steady major stocks with good yields and just a few more `risky` stocks. I have had some cash in from dividends this week and from last night the porfolio increased on value by 3k today. This minute as ukx is up 8 points, I have 13 stocks in positive territory, 2 neutral and 6 negative. This is due to the defensive nature of this beast. It will be different when cyclicals take over the march upwards but I`ll play things as they come. Never say never

oh and this being a vested sipp which now has to provide income from next year, the increase in value is paper only and not realised as cash. That is why I can mentally ride the waves, although I do leave the screen when it gets choppy. The income as cash will purely be provided by yield and not by cashing in the golden goose

uk_steve

kittie wrote: »

That is why I can mentally ride the waves, although I do leave the screen when it gets choppy. The income as cash will purely be provided by yield and not by cashing in the golden goose

thats something i need to do with my new portfolio i am building


all i have been doing is buying and selling over the last 4 mths



I am now learning i was proberly better off keeping stock i had with divideds
because the returns are good in the 1st place

mind you saying that i sold gemd today



its all learning for me

sabretoothtigger

Buying and selling every dip & rise is the most profitable thing, just its hard to do. If this is a bull market then buy and hold makes more sense or Im thinking of trying to buy cheaper value stocks and retain a small amount of any profit in shares


Theres still a couple massive companies paying healthy dividends, I guess this means the market can continue to rise

If dollar index falls theres no pressure on stocks. The crb in pounds is still near its lows, I think theres value in some stocks just so long as eps forecast is realistic