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UK Stockmarket 2009 and beyond

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Comments

  • uk_steve
    uk_steve Posts: 375 Forumite
    Cheers for info ;-)
    Oh well we only live once ;-)
  • tradetime
    tradetime Posts: 3,200 Forumite
    Another choppy sloppy day with a predictable late day rise ;) as the "Less Bad" rally holds on to it's gains. US Unemployment Claims out in the morning, though I believe the highlight for the rest of the week will be the Advance GDP number due on Friday before the open. Will it be enough to spark another leg up?
    Meanwhile Bloomberg heralds another "Buy Signal"
    All good fun :)
    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
  • uk_steve
    uk_steve Posts: 375 Forumite
    tonygee wrote: »
    Think REX hit 210 in March so wouldnt be interested untill lower than thatAny RI and likely div cut (still has massive debts)should see go further down


    well it did get 225 today


    looks like you are right on the button;)


    i have held back to see if it does go under the 210 mark
    Oh well we only live once ;-)
  • tonygee_3
    tonygee_3 Posts: 432 Forumite
    Why not wait till RI is done and dusted,prob shorted till then.(REX)
    Bloo*y SELFTRADE been off all morning,:mad:I thought with everone leaving them the service might improve
    REL faller today(placing),uninspiring chart
    TNI up (back in profit)
    BT also doing well,
    Nobody wants Utilities,although low theres not much upsides,keep watching
  • uk_steve
    uk_steve Posts: 375 Forumite
    its been abit of a mare earlyer im with Selftrade myself:(


    seems ok now thats the main thing:rolleyes:
    Oh well we only live once ;-)
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Surely if its back to march lows thats the time to consider some purchase. I guess it depends how much commission is part of the deal for whether you can buy a bit or not

    If its not going to rebound suddenly then waiting till after ri sounds about right, it can be surprising how quick shares can rise after then though

    Theres nothing to say it wont fall after the ri and continue down, depends how worth is considered by the market, I dont know the details tbh

    Rel 1yr chart looks like a downward channel maybe. Their net debt to profit is a ratio of 6.5x and mr naked trader says anything over 3 is too risky to trade their shares.
    The new shares are for paying off the debt but if their market cap is less then their debt, that might not work


    united utils are worth a look? gsk is an avoid by questor as their development cycle is in decline
  • negs
    negs Posts: 20 Forumite
    Hi, I have been reading this thread for past few months and have been really appreciating and sometimes do my reserach based upon things mentoned here. I had been investing in funds but recently switched to shares. More exciting i think.

    Have recently sold IPF at 111 (bought at 82) and planning to reinvest.
    Still holding yell (bought at 29.8)

    Have been thinking about UUtilities (all time low now), Primear foods (Result next week), and WPP ? Have you been closely watching anything else

    Can respected fellow investors share your views on the same?

    Cheers
    Negs
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    respected fellow investors? more like gamblers anonymous :p
  • uk_steve
    uk_steve Posts: 375 Forumite
    edited 30 July 2009 at 2:58PM
    Hi my name is Steve and i am Stockaholic
    :beer:



    nah on the real hello ;)



    i see we have purchased the same shares but at diffrent times and prices

    i actually think Yell is a good buy in the long run even with its big BIG Debt!!
    i have to admit i purchased a few mths ago and paid 13.7p and 14.4p on diffrent dates.

    i sold the lot and made 1500 profit 2 weeks later from purchase dates
    (if you are brave, its in and out quickly stock to gain the max profit in the short run)

    or as i said just hold onto it for the long run im sure it do well

    i am intrested in this stock if it goes back down at 20p or less then i will 100% buy again

    (i think this will happen very soon this year reason being the market is on thin foundations this year.
    Any debts with companys people panic NOW and dont look at the long picture)



    the share value will be over £1.20 late 2010/2011 i am thinking


    i must come clean i have only being doing this since March so i am no Pro!!!

    go by your gut feeling thats all i say! try to read via the lines on websites and info on companys

    lets face it nearly all Uk companys are saying Loss! Loss! Loss! in the last year

    good luck:T
    Oh well we only live once ;-)
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    The dollar index has risen back to 17th July levels while the sp500 is also moving strongly upwards, this is a reversal to what has been true previously and may indicate something new

    I only mention this divergence as it was said to be a kind of leading indicator in some vid I watched or that was how I understood it.

    http://www.youtube.com/user/Mscomvid09#play/all/uploads-all/1/ysw4SSBL4iQ

    Shorting such momentum would be insane, but scaling out of flying longs to lock in profits is the smart thing to do $$
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