Are stocks set for a big move up?

gugaplex

I think so, but could be wrong. What does every one else think? The U.S. stock market has been steadily climbing, and I wonder if there is still much more room for growth here. Thanks for your comments.....

jonesMUFCforever

Not sure about a big move up but who knows for sure?
The Footsie is about 6000 which it has not been at for years but still shy of record 6900 just before dot.com crash.

Stompa

I think most commentators are predicting a move down rather than up.

Stompa

david78

I think there will be a (((wobble))). In any case it doesn't matter the success of a share is 100% correlated with the success of the company, so if you pick good companies to invest in it won't matter where the market goes.

mad

Here is an interesting article to read. Personally I am not going to put anything in to share based investments while the markets seem to be riding high. The commentators seem to be split, but sometimes it is about how long you are going to be investing for?
http://observer.guardian.co.uk/business/story/0,,1734046,00.html
Hope this helps

meanmachine_2

gugaplex wrote:

I think so, but could be wrong. What does every one else think? The U.S. stock market has been steadily climbing, and I wonder if there is still much more room for growth here. Thanks for your comments.....

Set for a big move...maybe. But UP? Nah uh.

You're six months too late on that score.

exil

What a silly thread. Sure the market may go up. Or down. If I knew I'd be a billionaire and too busy to post here.

al_yrpal

Its all about sentiment, and thats still a little bullish for the UK market. I never invest in America, but the developing world is still going great guns - all those mobiles, banks and savings, homes, vehicles with the first wages ever for increasing numbers of workers in developing countries. Its stalled a bit lately, but longtime there is miles to go. In the UK we are having to apply tax fixes to get things going, but in Brazil, Russia, India and China, no goverment help is needed to spur things on. Its just the hunger of people who have seen it on TV - wanting a better life.

mad

absolutely! but that is the kind of speculation that people in charge of a lot of people's money are doing every day. As you say noone really knows, but there is no harm in canvassing opinion.

This was for exil

[Deleted User]

sideways consolidation will occur for months now. Testing and re-testing 6000. I see the maximum target as 6120 so risk/reward is not great unless you pick your stocks carefully

Deemy

Your looking AT the intermediate term peak !

From here its to below 5400... which will represent a good buying opportunity.

Already many stocks have nose dived off of recent highs i.e. vodafone, shell,

Offcourse, many others have hit new highs, i.e. TSB, UU

But in my best guess we are looking at the market peak, as we are passing the upswing time window into the downswing time window which with each passing day increases the pressure for downward trend in prices.

This window started in mid march and ends in Late September, with greatest convergence of cycles in early September, though historically, the market likes to make extreme lows during October, after which the pressure will be for upward trend in pricing.

As ever do your own research.... and make up your own mind as to what to do with your own cash.

Personally I have disinvested some 60% of my port at great prices !!! and await the downswing to pile back in ! at even cheaper prices then where the likes of shell and voda are tradign today ! i.e. 1817 on B shares of shell down from £20 !

Also on my shopping list is UU to buy at about £6.30 which is a lot lower than the £7 where it is today