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UK Stockmarket 2009 and beyond

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  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    Looks like another good day for our wannabe miner kittie

    :j


    Think we'll see some pullback now.... a testing of the water.... before moving on up again

    Historically this has seen well over 20p without a permit so plenty of room for growth yet.... and then if permits come Aug/Sept.... :j
  • tradetime
    tradetime Posts: 3,200 Forumite
    tradetime wrote: »
    It is widely expected that the BOE will indicate an end to its policy of quantitative easing at its meeting today, that would be very supportive for Sterling.
    The BOE caught the market by surprise when in contrast to an expected signal that they would wind down their QE, they in fact announced they were increasing the upper limit by £50 billion. Sterling got duly mugged in response dropping close to 1% against the US$ and Euro at one stage.
    http://www.bloomberg.com/apps/news?pid=20601087&sid=aSgHBHT3dbEU
    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
  • ricll
    ricll Posts: 115 Forumite
    GKP made my day today :beer:.
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    I see that AV. has cut its divi by 1/3

    phew, I almost bought them a while back
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    edited 6 August 2009 at 2:39PM
    why we shouldn`t forget to take profits when see them, ie why not be happy with the bit in the middle

    http://www.time.com/time/photogallery/0,29307,1849374_1779304,00.html

    I decided to sell all holdings of EMED this morning. The push up today seems like an exhaustion sigh and I am very happy with my profit. I will maybe try and get in lower but we`ll see what happens
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 6 August 2009 at 2:56PM
    For av and other stocks I wish I had gone with my ' I think their cheap' thoughts because they were under 300 at the time. Next time I think I might have to consider more actually buying whatever share on that day because they dont stay that way long :doh:

    sl upped there div and you can still buy them, its only an interim though


    Rex has been tipped as a buy btw In theory they have a high div except they skipped this time, next date would be feb I think not sure. Their a canning firm and pepsi just recently acquired theres so theres something to look into I figure


    I was confused by xmcx and their distribution, are they going to yield a dividend soon on the ftse250? I would guess not because their an etf but the pdf mentions it :confused:


    With emed, 16 would only now be another 36% rise and so doesnt seem that wrong to take profits. I do wonder if they'll overshoot higher or not
  • tradetime
    tradetime Posts: 3,200 Forumite
    kittie wrote: »
    why we shouldn`t forget to take profits when see them, ie why not be happy with the bit in the middle

    http://www.time.com/time/photogallery/0,29307,1849374_1779304,00.html

    I decided to sell all holdings of EMED this morning. The push up today seems like an exhaustion sigh and I am very happy with my profit. I will maybe try and get in lower but we`ll see what happens
    :rotfl::rotfl:Oh yes, whilst this market continues to defy gravity, one does have to position oneself near the fire exit ;)
    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
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    It would get nasty if there was a rush for the exit of course but it doesnt feel like this is the case, I really dont think they'll be a crash in the future.

    Im not being optimistic I just think the storm has moved elsewhere, Im looking at currency problems or bonds though I dont know much about them but if the currency suffers then shares will look as if they are doing better. Our own ftse did better then it would have otherwise last autumn partly because the currency dived
    So the BOE decision today is another reason why stocks wont appear to fall as much I figure and we're all slightly better off for being invested in stocks vs cash and I'd argue the same for housing, etc
  • bendix
    bendix Posts: 5,499 Forumite
    It would get nasty if there was a rush for the exit of course but it doesnt feel like this is the case, I really dont think they'll be a crash in the future.

    Im not being optimistic I just think the storm has moved elsewhere, Im looking at currency problems or bonds though I dont know much about them but if the currency suffers then shares will look as if they are doing better. Our own ftse did better then it would have otherwise last autumn partly because the currency dived
    So the BOE decision today is another reason why stocks wont appear to fall as much I figure and we're all slightly better off for being invested in stocks vs cash and I'd argue the same for housing, etc


    Completely agree with you. I'm sick of hearing so called experts on CNBC saying this rally is unrealistic and unsustainable or that it is based on liquidity (as if that is a bad thing). There is an estimated 6 trillion sitting on the sidelines at the moment . where is that money going to go, except in the stockmarket.

    Company earnings are up, the recession is clearly reached bottom and it's a historical truism that sharemarkets recover six months ahead of the economy, so why are the experts suggesting this is unsustainable.

    I'm picking FTSE to hit around 4800 and to consolidate and drift around that mark for a couple of months to get nice and comfortable, and then to move on from there.
  • uk_steve
    uk_steve Posts: 375 Forumite
    edited 6 August 2009 at 8:39PM
    all i can say the ftse is up UP AND AWAY!!

    i have now got clear funds from the mortgage on the BTL today

    i am looking at the screen and i have missed the boat IMO

    stocks have blasted off allready in the last 10 days and i think i be mad to go for stocks i looked at b4 i got the xtra money (some have 25-50% increased in 10 days all have made profits)

    i have to stay calm and re look and do the waiting game

    (AND HOPE )

    time will tell if i do enter the market with the whole funds or part funds
    Oh well we only live once ;-)
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