UK Stockmarket 2009 and beyond

max11

uk_steve24905621 wrote:

then it all comes back down to april - junes levels again so we can all buy again and wait for the next push up rally

thats my dream anyway :T

that would been mine as well!

sabretoothtigger24905621 wrote:

think an early july rewind is possible

god wish but ftse it is only rising!

sabretoothtigger

Intermarket themes are very bullish for risk assets, led by a very weak U.S. dollar. Ten-year yields are up from Friday; oil is much stronger; and gold has broken $1000/oz. Copper is very strong, and we saw stock markets in both Hong Kong and China up over 2%.

I will be keeping my eye on intraday sentiment measures (NYSE TICK, advance/decline line) as well as those intermarket themes to see if this, indeed, is a start to a post-summer risk rally that would take us to new highs in the stock market.
.

go figure


Fres is back to its 700 peak, that thing moves like a mack truck

cloud_dog

sabretoothtigger wrote: »

Fres is back to its 700 peak, that thing moves like a mack truck

Perhaps the moon will align with everything else and it'll reach its 740(ish) high before pulling back.

PM (Gold) stocks are rising with the Au price, most of mine are making new / post crash highs (am ignoring CRND because they are a nut job :rolleyes:)

Edit: Psycology, I can tell when investment times are raging because I keep clicking the 'Update Prices' button in my MS Money every 10 minutes. I shoulod be selling down some investments but I think it will go on for a nother few days BUT there must be a pull baclk soon

sabretoothtigger

For some reason 700 was the magic number for fres I thought but 740 would make more sense


This situation reminds me of the late ninities. It must pull back soon was the mantra for about three or four years before it finally happened but there was alot of money in that market regardless of the doubters. Obviously I regret not investing in 96 whatever people were saying at the time, they were wrong for years

Im inclined to go with the greenspan theory that money was made cheap and this was the effect it caused and thats exactly true again now.
The elliot wave guys say because of this cheap money all assets move together when this happens and its been going on for years now, it might be wrong but what you or I think doesnt even matter

I agree with you but its just way too familiar for me to say yea its going to topple over. Just keep cycling the money I guess


If spy stays above 102.58 it might be a good time to be in the index till close. It often pauses or pivots around this time



Buy barclays they are cheap !!!!!! - http://www.independent.co.uk/news/business/sharewatch/investment-column-barclays-is-risky-but-could-be-very-cheap-1783479.html

sabretoothtigger

Free money







Dam just from looking at the chart 888 looks like it was a good one to buy recently, wish I'd checked it out sooner .
I remember it was mentioned here also but I didnt look for some reason :doh: , they just went ex-div today too I think ?
Maybe see how they go this week now

cloud_dog

sabretoothtigger wrote: »

Dam just from looking at the chart 888 looks like it was a good one to buy recently, wish I'd checked it out sooner .
I remember it was mentioned here also but I didnt look for some reason :doh: , they just went ex-div today too I think ?
Maybe see how they go this week now

From the chart, it looks like it may still be in its down-channel so waiting a for it to confirm its breakout would be wise; you may miss out on a few percent but it should(??) continue to rise (if it breaks out).

sabretoothtigger

I like that chart because it looks like its moved sideways for most of this year and right now its at the bottom of this range.

On the left the boundaries are marked by the higher red bars, so we have a buying point at 80 where its come close in Jan, feb and right now just as it pays out a nice dividend.

A clear opportunity I reckon and of course it could always go either way but I figure its a good gamble to reach 115 or there abouts.

Ideally I would have bought as it approached 80, sold after ex div and with luck got a capital gain on the way upto 100 which I would scale out of.

I dont know any of the details of the company though and theres no reason it has to pan out that way but thats how it looks just from first glance. Looks like a perfect storm


Excluding all that, the chart is good because it roughly resembles a L shape rather then a V which is harder to judge to buy into or not




Gradient is becoming more reclined with each fall and rise







random opinions on some stocks previously mentioned here

Lloyds Banking shares' recent froth has been driven by the company's bold prediction that bad debts have peaked and hopes that it may be able to renegotiate terms of entry into the government's asset guarantee scheme.

It may be that Lloyds Banking is the recovery play of the new century. There are plenty of traders who seem to think so. But the Independent would prefer to sit on the sidelines until there is clarity regarding the bank's intentions. The shares have been pushed high enough for its liking. So sell it says.

Pure gold companies trade at the highest multiples in the market – and this is certainly true for Randgold. The shares are now on a December 2009 earnings multiple of 77 times, although this falls to 36 next year as production increases. Randgold is a great investment, says the Telegraph, but the high rating means it is just a hold.

The Telegraph adds that Peter Hambro is now officially its preferred gold play. If you want to take a position in gold shares, you should now buy into the Russian-focused miner. It trades on a 2009 earnings multiple of just 17.1 times. For a gold company this is derisory. However, investors must remember that Peter Hambro is no longer a pure play on gold; it merged with its spin off Aricom earlier this year. Peter Hambro is a gold and iron ore company – and that's why it is not afforded the high rating of its rivals. Buy.

The Telegraph also rates gold miner Centamin Egypt as a hold and silver specialist Hochschild Mining as a buy.

uk_steve

WOW look at YELL go:T


I knew i should of purchased that baby again he!he!


dont laugth folks

i re purchased today

sdy
wich
ntg

for more then what i sold a few days ago and a bigger holding

this time i am leaving them well alone


but yeah YELL has done well recently

tonygee_3

There as been a MAD dash for trash again,as I suggested recently MEDIA should do well.
I watched a share go from 1p to 23 in a couple of days only to fall back to 5p!
QED(real est) which I almost bought for 9p(relieved next day when it fell to 8p)
hit £2.50ish today!!
Interesting,sabre,you say bit like late 90s,difference being that was 10 years after a small recession/property boom of 87.At mo were only just past 07 bust.

tonygee_3

Sold CRND yesterday and bought back today(good trading 16p-20p)
Longer term could do well.
Sold PTEC,good company but struggles to get past 360 at moment
Bought MCRO(fell 15% as CEO left)good co.but could be another PTEC,ie market only interested in dross