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UK Stockmarket 2009 and beyond

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  • malik999
    malik999 Posts: 376 Forumite
    uk_steve wrote: »
    Early today my advisory broker on a none official chat away from my 7k portfolio i have with them said we may be in a new bull market and its just started *a long rally could be ahead of us*

    now this has got me thinking dam i have bailed out on a lot of stocks:rolleyes:


    so i am thinking of re entering the market again if this may be the case

    Away from the stock market i have noted
    i am now seeing nearly every property i rejected/dismessed to buy due to price tag a mth or two ago
    (ARE NOW SOLD)
    i had a good drive around my area today even poping over to other towns are a lot of sold signs again

    Speaking to a friend in the car game on the phone has seen a small increase on sales and 2nd hand car parts

    the other thing i have noted lenders are now lending more on BTL in the last mth as well (i have a mail out from a mortgage broker every week)


    how can all this be thinking outloud to myself ? :confused:


    when the facts are more people are unemployed now

    this is a headscratch and hand on chin time for Steve :think:


    my view maybe i should poor back in say 33% of my 100k remortgage next week
    with the view i have another 67% cash sitting if it does slide back the other way

    then i have the best of both worlds on the stock market

    ie if it goes up? then i am in now,also after re looking at my gains i have earned in the last 5mths on the stock market the 33% remortgage amount
    is like re putting in about 60% of my total gains this year.

    So if it goes wrong its not the end of the world
    easy come, easy go, is the saying

    if it goes in a bear market at least i can top up my holdings on my limit orders to maximize my portfolio with the view to wait for the next rally
    to combat the losses above



    as i say i have a lot of thinking to do this weekend:cool:

    I find alot of your 'purchase' claims suspicious since you post daily like a 12yr old school girl. However giving you the benefit of the doubt, March was unprecedented and I guarantee you are not going to see those levels again. The stocks were beaten down so much all you are going to see is small pull banks as stocks rise and timing those buy and sells is very very difficult to do in this rising market. The winners are going to be those who sit back, ignore the small pull backs and hold, i.e. the thousands of people reading this thread who don't feel the need to show off posting nonsense every day.
  • uk_steve
    uk_steve Posts: 375 Forumite
    edited 28 August 2009 at 11:59PM
    dont read into my grammer too much im not a young kid
    that is something i have to live with for years for being a twit and not going to school for most of my childhood



    back to topic i can assure you what has been done has been done

    (i have no agenda to talk s**t life is too short!)

    if you feel that i am talking nonsence? simply dont read!

    i feel that the people usually reply are genuine
    ie the members what have been in this thread for mths with Q and A

    i dont think its showing off i am being clear what i have done
    (its real i like to get reviews where the market is going next)

    you got to understand i am someone what likes to talk straight i have allways have done in life

    if i hear other people would prefer for me not talking amounts
    thats cool


    i will always respect others views and opinions


    all the best
    Oh well we only live once ;-)
  • uk_steve
    uk_steve Posts: 375 Forumite
    edited 28 August 2009 at 11:49PM
    yeah good point on the music/money part

    i like that ;)


    you are really up on your charts i am thinking i am doing well by using
    seftrades stats etc then going to companys websites


    Dont let anyone over advise you on this. Anything anybody says here or anywhere else more official even, it still only matters if you think it does

    Could someone convince you to like Iron Maiden music if you didnt previously.
    You might have a good listen if they say so but should someones opinion really matter more then whether you actually like that music or not. If you dont like it then their opinion doesnt matter more then yours and dont change your mind just because its money not music.

    I think you are the buyer and what and how much you pay is upto you totally.


    Theres always something cheaper then it should be I figure. I dont know about the market in general but I wouldnt dump everything for that reason.
    Go on the individual companies worth and whether you feel its cheap or not, the market direction is icing on the cake really.
    A good stock will weather the storm imo especially when it was undervalued for some reason

    Some stocks are actually more expensive now then summer of 2008 and some are half price still, either one could be worth it depending on future prospects




    Intel went up 5% today on a good sales report. $20 now, still worth it I reckon but not really undervalued any more like it was

    I'm adding BG and Centrica to watchlist just to think about them maybe. The chart for centricia looks attractive? They just pulled off a canny deal apparently and were tipped I think
    I added CAIRN ENERGY previously also but cant even remember why now :laugh:

    Centricia is a definite maybe it seems to me, bit of a gap in price volume but they've had a nice run already and might easily turn back at 270. Decent yield it appears.
    Wish I'd bothered to check this last week but a reasonable prospect to consider:confused:
    Some negative consumer press recently also I think

    bigchart.gif


    http://www.youtube.com/watch?v=ypyJDkHJ5iA
    http://www.youtube.com/watch?v=28GaKoCuobU
    Oh well we only live once ;-)
  • cloud_dog
    cloud_dog Posts: 6,326 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    tonygee wrote: »
    Bought CRND,again small stakes,might be turning a corner?
    Im a sucker for unloved stocks and if Gold does rocket should do ok
    I have a small holding in CRND, although it is more of a 'punt'. Unfortunately CRND have consistently failed to deliver on their prmises and have virtually zero credibility with the markets atm.

    A recent Snowden report provides:
    Operating cost per oz is $580 ($900 is Snowden's project gold price).

    The introduction of additional material outside of the Main Reef and further increases in metallurgical recoveries could significantly lower both the cash cost and total cost per ounce.

    Water levels: No material above 50 mBS or below about 800 mBS was considered. The area below 900 mBS is flooded

    Target this year is still 20k oz? Snowden put the operating rate around 50koz/pa from the CMR.

    The Snowden report concludes that the project must be viewed as "Medium to High Risk"
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • uk_steve
    uk_steve Posts: 375 Forumite
    edited 29 August 2009 at 12:05AM
    cloud_dog wrote: »
    I have a small holding in CRND, although it is more of a 'punt'. Unfortunately CRND have consistently failed to deliver on their prmises and have virtually zero credibility with the markets atm.

    A recent Snowden report provides:



    Target this year is still 20k oz? Snowden put the operating rate around 50koz/pa from the CMR.

    The Snowden report concludes that the project must be viewed as "Medium to High Risk"


    talking about gold is this company undervalued , or going downhill

    http://www.chinagoldmines.com/

    CGM

    its caught my eye tonight
    i be reading the company reports tomorrow
    Oh well we only live once ;-)
  • uk_steve wrote: »
    yeah good point on the music/money part

    i like that ;)


    you are really up on your charts i am thinking i am doing well by using
    seftrades stats etc then going to companys websites


    Heres the video guide to those charts. I use it because it seems pretty simple and it also seems to work. On rex, emed, ptec it seemed to line up where the stock found resistance and momentum to its movements.

    Like a rollercoaster if you turn your head sideways (the big red bars on the side) you can see we got some downhill momentum happening in centricia at this price above. (match this to the gradient of the share price now, it is steep and it fits)
    Anyway the video might be of more help then my understandings :p



    http://www.youtube.com/watch?v=cVQkpUZoq6U


    About the 12 year old comment, you got that flipped because a simple understanding is the best way to trade.
    Overcomplicated ideas do not help, genius is not required for profits.

    The banks created over complicated mathematical models to explain away the risks of 125% mortgages and it was garbage, a simple take on it said it all
  • uk_steve
    uk_steve Posts: 375 Forumite
    Heres the video guide to those charts. I use it because it seems pretty simple and it also seems to work. On rex, emed, ptec it seemed to line up where the stock found resistance and momentum to its movements.

    Like a rollercoaster if you turn your head sideways (the big red bars on the side) you can see we got some downhill momentum happening in centricia at this price above. (match this to the gradient of the share price now, it is steep and it fits)
    Anyway the video might be of more help then my understandings :p



    http://www.youtube.com/watch?v=cVQkpUZoq6U


    About the 12 year old comment, you got that flipped because a simple understanding is the best way to trade.
    Overcomplicated ideas do not help, genius is not required for profits.

    The banks created over complicated mathematical models to explain away the risks of 125% mortgages and it was garbage, a simple take on it said it all

    i will look into that video thank you

    i never understood the 125% mortgages it was always danger
    when they was floating about

    when i was on my travels today i was looking at places on the next property auction via clive emson in september.
    i always do a drive past before i view with a clive emson agent plus sometimes you get the gossip from neighbours the ins and outs of the property history


    sadly 2 out of 4 was repos
    Oh well we only live once ;-)
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    I currently scrapping together a few k to put into PMK (plus markets), which is an alternative exchange for companies (especially aim) with new firms trading with plus daily (check their website for volumes) and alot of the big banks have holdings in it so theres talk of there being a t/o by barclays/hsbc soon. Also as the global economy recovers plus is a great base for these companies wanting a foothold in the UK to use.

    The companies future vision is to use PLUS as an open market for EU companies, i dont think the company currently has the capabilities to do this, but its successfully increasing its customer base and building the foundations and will be ready in the future for one of the big boys to either t/o or merge with.

    DO your own research but remember this name and within 6-12 months i can say i told you so!

    I had PMK in the very early days 2005 and made a very good profit, I wouldn`t buy them now though, not even for a few k, although it is a gambling share. There is very strong resistance at 7.25
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    malik999 wrote: »
    I find alot of your 'purchase' claims suspicious since you post daily like a 12yr old school girl. However giving you the benefit of the doubt, March was unprecedented and I guarantee you are not going to see those levels again. The stocks were beaten down so much all you are going to see is small pull banks as stocks rise and timing those buy and sells is very very difficult to do in this rising market. The winners are going to be those who sit back, ignore the small pull backs and hold, i.e. the thousands of people reading this thread who don't feel the need to show off posting nonsense every day.

    Ahhh, you are a soothsayer!!

    The winners are those that hold onto their money ie sell and buy when appropriate. You are the one who comes across as an utter novice malik
  • cloud_dog
    cloud_dog Posts: 6,326 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 29 August 2009 at 10:14AM
    uk_steve wrote: »
    talking about gold is this company undervalued , or going downhill

    http://www.chinagoldmines.com/

    CGM

    its caught my eye tonight
    i be reading the company reports tomorrow
    Doing some quick research, I think this company falls in to a similar boat as CRND - credibility issues, leaking money, incompetent management (???), some sort of reverse financing going on (with risk attached).

    I already have my full allocation of psycho invetment in CRND so I will steer clear.

    My other main gold / PM investments are CEY, YAU, POG (by way of them aquiring Aricom), FRES.
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
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