Has the stock market peaked?

[Deleted User]

I re-visited my portfolio recently, got rid of oilies and just in time too. Sold one resource as it breached my mental %age stop loss, I have one other with an actual stop loss in place, relatively small amount. Yesterday bought one supermarket as it is on support for a second time but have put a tight stop loss on this.

I wrote out mental stop losses for each of my stocks, bearing in mind that many have risen, so as to lock in profits. Bought lots of HSV and added to ULVR. Best performers to date are BA., AZN, portfolio is now a tad off 70% defensive. Hostelworld is pleasing, looks like a very good site for travellers too, makes a change for me managing to get in soon after float


I printed a sippdeal portfolio x ray and am happy to say that the portfolio performance in 2015 is about 50% above its benchmark, considering that I have removed quite a large amount of money, which was not taken into account.

Re portfolio profit, any profit I mentioned was only on paper. A profit is not a profit until it is cashed in. FTSE still looks good as does DAX etc

Glen_Clark

kittie wrote: »

I re-visited my portfolio recently, got rid of oilies and just in time too. Sold one resource

Why didn't you tell us at the time what was going to happen instead of after the event - again?

[Deleted User]

I can`t glen, sorry, I am not an advisor or tipster. I have always done my own research and can only be responsible for myself. Been out all morning, sold my last resource stock first thing and have just now bought MKS, which I sold yesterday. Got 128 more shares than I had yesterday morning, for exactly the same money.

ChesterDog

Kittie, I am scratching my head as to what is your purpose in telling us this and that, but without putting any sort of perspective on it with regard to how that translates to a performance figure in respect of a percentage return.

racing_blue

I am very interested in Kitties posts, but have not yet learned how he/ she makes investment decisions.

What would be helpful? A history of trades (date, price, amount) to start with; and then some explanation of the reasoning behind those decisions. This might help to make more sense of it.

Thanks for posting though Kittie- it is interesting to see different approaches. FWIW I'm working on my quarter 4 2015 post detailing every investment decision with reasons (although it won't be such happy reading I'm afraid!)

snowqueen555

I quite like these posts from kittie

bigfreddiel

The market will never peak, end of thread!

fj

grey_gym_sock

bigfreddiel wrote: »

The market will never peak, end of thread!

or perhaps the thread will drag on indefinitely without coming to neat conclusion - rather like the market

ChesterDog

Well I think I will bow out of this thread.

It is very frustrating, and I don't understand the motivation behind Kittie's pseudo-explaining of a convoluted technique, without ever giving meaningful insight into its results.

gadgetmind

snowqueen555 wrote: »

I quite like these posts from kittie

I don't dislike them, but neither do I know how to categorise them. Without flagging trades in advance the options are -

1) Uber skilled investor with deep insights and a magic touch.
2) Someone who's got lucky but will suffer reversion to mean.
3) Someone being selective regards which trades they are open about and/or "economical with the actualit!"

We have no way of knowing which, but option (1) is statistically unlikely.