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Debate House Prices


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This is getting a bit tedious now....

wymondham
wymondham Posts: 6,356 Forumite
Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
edited 31 October 2011 at 10:21PM in Debate House Prices & the Economy
The constant eurphoria that a solution is in place to end the debt crisis :j, followed by FTSE up x points, then a few days or hours later realising nothings really changed and back down it goes..... :o

Has anyone got a plan - any plan, that will at least last longer than a few days?? What needs to occur?? Is this constant problem being lengthened by people who think they can 'influence' events in one direction that need to occur (probably in another)?

It's boring now.... ;-(
«13

Comments

  • Telling the World you have to go begging to China tends to have that effect.

    Especially if 2 days before you tell the World you have solved the problem after a 3 day meeting & all is good.
    Not Again
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    wymondham wrote: »
    The constant eurphoria that a solution is in place to end the debt crisis :j, followed by FTSE up x points, then a few days or hours later realising nothings really changed and back down it goes..... :o

    Has anyone got a plan - any plan, that will at least last longer than a few days?? What needs to occur?? Is this constant problem being lengthened by people who think they can 'influence' events in one direction that need to occur (probably in another)?

    It's boring now.... ;-(

    The plan is to blame somebody else when it all goes t*ts up.
  • dont be holding the grenade when the music stops...simples!
  • MrRee_2
    MrRee_2 Posts: 2,393 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I bought shares while they were meeting - and sold when the shares went up after a deal was apparently reached - I will buy again in 3 days time at the bottom.

    You can make an absolute killing on the back of this stupidity ....... jump aboard and make some real returns!
    Bringing Happiness where there is Gloom!
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    MrRee wrote: »
    I bought shares while they were meeting - and sold when the shares went up after a deal was apparently reached - I will buy again in 3 days time at the bottom.

    You can make an absolute killing on the back of this stupidity ....... jump aboard and make some real returns!

    Ill get right on that.

    This must be option 4:)
  • MrRee wrote: »
    I bought shares while they were meeting - and sold when the shares went up after a deal was apparently reached - I will buy again in 3 days time at the bottom.

    You can make an absolute killing on the back of this stupidity ....... jump aboard and make some real returns!


    For every winner there is a loser.

    And if you think the bottom is 3 days away.......
    Not Again
  • MrRee_2
    MrRee_2 Posts: 2,393 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I never attempt to judge the top or the bottom (yes, I know I said bottom!) of any market - I simply take a profit when I can ...... not being greedy is the way to wealth.

    In 3 days I expect the market to be low enough to buy and secure a profit in maybe 2 weeks time.
    Bringing Happiness where there is Gloom!
  • MrRee wrote: »
    In 3 days I expect the market to be low enough to buy and secure a profit in maybe 2 weeks time.


    I get the point & if I had money I could afford to lose I would do it myself.

    However, a 3 day call or a 2 week call is nuts from the moment Europe went begging.

    I would hold onto your money but I would tell you for sure in 2 days.
    Not Again
  • Jimmy_31 wrote: »
    Ill get right on that.

    This must be option 4:)

    I think option 3 is a better bet ;)
    Dont wait for your boat to come in 'Swim out and meet the bloody thing' ;)
  • MrRee_2
    MrRee_2 Posts: 2,393 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Fact is that the Bank shares have been showing a sine wave for many years .... judge it almost right and quick profits are there for the taking - it is very low risk in reality. It is also very short term - in weeks you can easily return 20% on the investment.
    Bringing Happiness where there is Gloom!
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