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Is a bear market on the cards in 2 weeks?

2

Comments

  • at11
    at11 Posts: 81 Forumite
    thanks for the replies,

    i think i have been mis-interpreted.
    I am aware of how markets go up and down i just assumed that the high possibility of a US default would cause the FTSE to drop to early 09' levels, so below 4000!!

    Im surprised how the replies seem so laid back, do you not consider the US defaulting causing huge volatility in the FTSE and subsequent tanking?

    Or has the negative news been over done as it usually is?
    Worst case scenario, do you expect 2008/09 to repeat itself in the markets?
  • Voyager2002
    Voyager2002 Posts: 16,349 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The Dow has gone crazy today, going up up up.

    I sold my holding of IHF: an ETF on US healthcare providers that has to be at the centre of the trouble. It shot up as soon as the market opened, so although I have not (yet) lost anything, buying it back again would not make any sense.

    So what else should I buy? Pan Am is overdue some action, but my broker won't sell them any more.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    edited 1 October 2013 at 5:54PM
    People will always be prepared for a "brand" if nothing mor ethan self gratification whether or not it actually does an better job. Aspiration, I have made it scenario.

    It will be interesting to see how two stores, essentially selling food and groceries at either end of the spectrum progress. I wonder which will grow the fastest and how will both affect those stores in the mainstream.

    Lever's business model has worked well for over a hundred years, I am sure its not dead, even though the consumer can be better informed these days. There are people who will pay £10k for a prestige brand watch when £10 would buy one that does the job they want just as well.
    Its just that Unilever looks a bit expensive to me. But then it always has :o

    I think Aldi's business model will grow the fastest because there will be more poor people than rich people, especially in Britain
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Bear Market,

    Shmaremarket.....

    One of my shares is down in the red by 7.15%

    Another is down in the redness by 1.72%

    Dippity Dooo Dahhhhh

    Bahhhhhhh!
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    at11 wrote: »
    thanks for the replies,

    i think i have been mis-interpreted.
    I am aware of how markets go up and down i just assumed that the high possibility of a US default would cause the FTSE to drop to early 09' levels, so below 4000!!

    Im surprised how the replies seem so laid back, do you not consider the US defaulting causing huge volatility in the FTSE and subsequent tanking?

    Or has the negative news been over done as it usually is?
    Worst case scenario, do you expect 2008/09 to repeat itself in the markets?

    I'll buy them off you now and sell them back to you ina few. Months when they are up 10% or more classic novice investor mistake but the offer stands.
  • marathonic
    marathonic Posts: 1,786 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    at11 wrote: »
    thanks for the replies,

    i think i have been mis-interpreted.
    I am aware of how markets go up and down i just assumed that the high possibility of a US default would cause the FTSE to drop to early 09' levels, so below 4000!!

    Im surprised how the replies seem so laid back, do you not consider the US defaulting causing huge volatility in the FTSE and subsequent tanking?

    Or has the negative news been over done as it usually is?
    Worst case scenario, do you expect 2008/09 to repeat itself in the markets?


    In general, I view it as follows:

    "The market is smarter than I am and has priced in all the news already but the long term average is up. Therefore, instead of going in and out thinking that I'm smarter than the market, just stay in an enjoy the long term returns."
  • Has anyone here dipped in on the recent dip in SSE shares?


    I did. Was considering getting some for a while and the 7% drop was nice. Brought on Friday morning after significant selling and after seeing a modest rise when I thought the selling might have finished. Even if it goes lower for the short term I am still happy.

    This is one for the LTBH and the div yield is even higher due to the lower purchase price on an already high div stock.

    Happy days.
  • jimjames
    jimjames Posts: 18,781 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    at11 wrote: »
    thanks for the replies,

    i think i have been mis-interpreted.
    I am aware of how markets go up and down i just assumed that the high possibility of a US default would cause the FTSE to drop to early 09' levels, so below 4000!!

    Im surprised how the replies seem so laid back, do you not consider the US defaulting causing huge volatility in the FTSE and subsequent tanking?

    Or has the negative news been over done as it usually is?
    Worst case scenario, do you expect 2008/09 to repeat itself in the markets?

    If you are investing long term then trying to time in and out is a pointless exercise that is unlikely to be achieved.

    If the markets drop that sort of amount then top up more but I wouldn't try to time it by selling first - much the same as the people this time last year that thought the market was too high at 5500 so sold up. Where are we now?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    at11 wrote: »
    the high possibility of a US default

    Less than 10% chance would be closer.
    cause the FTSE to drop to early 09' levels, so below 4000!!
    Everyone who panicked and sold last time it did that would do the same. Everyone who bought like crazy last time would do the same.
    Worst case scenario, do you expect 2008/09 to repeat itself in the markets?
    I regards that scenario is unlikely and the market response as unpredictable.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • Freecall
    Freecall Posts: 1,337 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Trying to second guess the market is a mugs game. We now know the market's immediate response to the shutdown.

    http://abcnews.go.com/Business/wireStory/dow-jones-industrial-average-fared-tuesday-20437244

    .
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