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This correction-type thingy...
Comments
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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?Eco Miser
Saving money for well over half a century0 -
A_Flock_Of_Sheep wrote: »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?0 -
BrockStoker wrote: »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.0 -
A_Flock_Of_Sheep wrote: »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.Ryan_Futuristics wrote: »This place is a mong creche0 -
BrockStoker wrote: »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.0 -
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 Sinclair0
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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/0
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