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How panic-y have you got ?

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Comments

  • bowlhead99 wrote: »
    That's right, the wobblers and trolls always turn up when markets move, spouting misguided panicky nonsense like:

    :doh:

    Thanks for playing your small part in any crash to come.

    Youre welcome. Just watch this space. Purchase away, it's your wonga.
  • jem16 wrote: »
    When would you suggest they buy equities?.

    Not at the moment.
  • jem16
    jem16 Posts: 19,724 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Not at the moment.

    You avoided the question.

    So if not at the moment, when? When is a good time?
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    With further heavy losses to come folk are stupid to be buying equities at this time.
    I recall you posting 'Its all downhill from now folks' just before share prices took off.
    So is this a buy signal?
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Looking back at the graph of the FTSE from 1997 suggests this downturn might last for another year or 2 and see the FTSE down in 4000 territory. However, we've never seen a QE bubble burst before so this time the index might behave differently to 2000-2003 and 2007-2008.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    Not at the moment.

    Is this your opinion or the sheepdogs?
  • I've only got a small amount invested in equities for interest more than anything else which I invested in Nutmeg 20 months ago. 6 months ago it was over about 11% up but it's lost 10.5% in the last 6 months of which 8.1% has been lost in the last 3 months. Certainly makes Neil Woodford's Equity Fund look impressive with comparative losses of only 0.9% over the last 6 months and 0.3% over the last 3 months!
  • EdGasket
    EdGasket Posts: 3,503 Forumite
    Kendall80 wrote: »
    Looking back at the graph of the FTSE from 1997 suggests this downturn might last for another year or 2 and see the FTSE down in 4000 territory. However, we've never seen a QE bubble burst before so this time the index might behave differently to 2000-2003 and 2007-2008.

    QE bubble burst? Wouldn't that just be high inflation which ought to help equities?
  • EdGasket
    EdGasket Posts: 3,503 Forumite
    edited 24 September 2015 at 4:33PM
    Well its close to capitulation for me. I've sold out of anything in profit which due to market falls wasn't much; except for property-related shares. I've salvaged a little. The tough decision is whether to sell the rest that is heavily in the red.

    Dow December futures now well below 16000 and gold up 2% today; looking bad!
  • EdGasket wrote: »
    Well its close to capitulation for me. I've sold out of anything in profit which due to market falls wasn't much; except for property-related shares. I've salvaged a little. The tough decision is whether to sell the rest that is heavily in the red.

    Dow December futures now well below 16000 and gold up 2% today; looking bad!


    I wish I could disagree with you and take the opposite position but I cant - just about all the evidence I can gather is bearish. Hopefully someone else can come along with a little optimism! :)


    I'm considering reducing positions and holding more cash. I've already diverted this months ISA subs to P2P - although loan default rates will likely rise with the economic uncertainty.


    My natural impulse is to buy more as markets go down (as i've done up til now). In fact I usually increase the amounts but I just cant justify throwing more on the pile right now.
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