UK Stockmarket 2009 and beyond

sabretoothtigger

UK is running a bigger experiment in QE then any other country is one thing I heard mentioned on the news today, not especially comforting





Just noticed there is a free trading seminar on in a bit, might be worth watching instead of the news if interested.

It should be fairly easy for anyone to sign up and listen

http://traderfeed.blogspot.com/2009/08/quick-update-on-best-practices-webinar.html



Also spotted discussion of special inverse or leveraged etf here:
http://www.etftrends.com/2009/08/special-report-leveraged-and-inverse-etfs.html






Added to my watchlist a symbol for CRB index to try and keep upto date on the general commoditys picture (though it generally runs in line with stocks it wont always do this imo)
http://finance.yahoo.com/q?s=I:CRY0.NYB



It only charts 5 days unfortunately, but stockcharts has longer chart here:
http://stockcharts.com/h-sc/ui?s=$CRB




Manic american suggests not trading the rest of August:
http://www.minyanville.com/articles/CHINA-shanghai-FXI/index/a/24004/from/yahoo

uk_steve

sold AMC today this was 1 of the stocks i had held since April 27th
i nearly sold the lot for a loss of 2k a few weeks back because i was losing faith on my holding

but today sold my whole holding and made £746

im well happy:T

tonygee_3

Well done Steve,its easy to panic when shares are down
I SOLD WKP on Monday +40%(had a rapid rise)
Im also holding UU,think its weakness is possibility of a RI
If water continues to suffer then PNN will be attractive

sabretoothtigger

AMUR MINERALS?

Thats about one of the craziest graphs Ive seen and showing 36 times their usual volume also. I guess they've literally hit gold there or something

Thats not a gap up either, I wonder if a buy & sell order would have worked in that half hour 100% rise

Theres a 4% rise on shanghai today that stops it entering a 20% loss bear market, not sure if thats temporary or not but probably going to trim a couple things in their honour anyhow


well done on your good judgement Steve & Tony, I would not have a clue how to pick between those type of stocks

alaidiForex markets are not buying the optimism in equities as risk currencies fail to hold on to gains. And equities tend to follow suit33 minutes ago from TweetDeck

tonygee_3

Looked at AMC,these are HIGH risk punts
As I suggested earlier try to keep your stakes down on these
Not only can you lose LESS but you make MORE
This is because you can top up if they fall 50%(as this seems to have done)
Or because you are less exposed you can sleep easy and ride out the storms until it achieves the 1000% or so you originally hoped for

uk_steve

high risk is an understatement i was new and learning back then (still am) but i have settled down due to this and another which made me think oh god money down the toilet!!

but you have to learn your own way in life

as i say i am thankful it turned out ok in the end

tonygee_3

Are you still in FDL??(Steve)
Big Boys doing their best to keep rally going despite all bad news
Avoid getting suckered in,History tells us there will be a series of rangebound rallies over the next couple of years or so

uk_steve

i am still in FDL yes

do i cut and run mmmm let me re think

uk_steve

sod it i have sold the lot


i hope i done the right thing


SELL Findel Ordinary 5p
170,708 0.4202
£ 71,731.50 Status Executed Limit Type
Commission £ 12.50
PTM Levy £ 1.00

Total £ 71,718.00


profit £34,718

uk_steve

i now have [STRIKE]5[/STRIKE]

4 holdings left in the stock market because i did sell a lot awhile ago

[STRIKE]NTG £2.5k (showing profit)[/STRIKE]

1. PTEC £2.5K (showing profit)
2. UU £3K (showing slight profit)
3.E2V £3K (Minus of £350)
4.LCG £3K (Minus of £250)


thats me in a nutshell now

slight update just sold NTG for £556.40 profit




i may buy more UU if it gets around £3.25 3.30

i do feel strongly we are going to have a turn soon in the market