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This correction-type thingy...

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Comments

  • Eco_Miser
    Eco_Miser Posts: 4,932 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Damage wrote: »
    Is it the case that you or any other person not in agreement with me deny absolutely the existence of traders who can perform beyond the level that can be explained by luck or chance?
    Any level of performance can be explained by luck or chance, so therefore traders who can perform beyond that level cannot exist.
    Eco Miser
    Saving money for well over half a century
  • Take a gander at the poundings some of the shares are getting. Some of the 100 firms are down over 5% today.

    So 5% off folks.

    SOI trading at a discount at the moment. For ages that was on a premium.

    I took advantage earlier by topping up two of my funds with a bit over half of 19% of my portfolio that I had been holding in cash. Hope I haven't jumped the gun (again)! At least I still have enough to top up another fund if a better opportunity presents itself.

    Anyone else think that this correction could be mostly over now/in the next day or two?
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Anyone else think that this correction could be mostly over now/in the next day or two?

    I think there is a long way to go before anything like a recovery might be possible. I can't see a rapid rise either as and if the recovery starts.
  • Oh yes what happened to him?

    Lost an argument and flounced off in a huff never to be seen again, leaving us with one last gem.
    This place is a mong creche
  • redux
    redux Posts: 22,976 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Anyone else think that this correction could be mostly over now/in the next day or two?

    Don't know, but if you compared prices right now to last Friday afternoon it might be hard to see much difference.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    I gather share prices are low, so I'm not selling. I haven't much instant access cash outside of my ISA's so I'm not buying. So I've made a conscious decision not to look at my share prices until next March when I might rebalance before the end of the tax year. No point in looking earlier, it might make me unhappy.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • InvestInPoker
    InvestInPoker Posts: 1,356 Forumite
    I think a lot of us here are likely invested in one or both of the Woodford funds - he just published a short article on his view on this volatility.

    https://woodfordfunds.com/market-volatility-our-view/
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