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stockmarkets -are we nearing the bottom or is there further to go ??

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  • BananaRepublic
    BananaRepublic Posts: 2,103 Forumite
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    Mission193 wrote: »
    Guys seriously

    Stop waiting for a crash and look for oppertunity. I invested in oil futures 3 weeks ago and made 45percent in 3 weeks.

    I would advice oil to anyone look at pre historic charts same as housing bubble. Supply and demand.

    Invest in oil

    Following your advice I purchased some cold pressed extra virgin olive oil. You are a wise man.
  • Look at 3oil share price if you are interested .
  • masonic
    masonic Posts: 27,582 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Mission193 wrote: »
    Look at 3oil share price if you are interested .
    Why, are you selling?
  • Mission193 wrote: »
    Guys seriously

    Stop waiting for a crash and look for oppertunity. I invested in oil futures 3 weeks ago and made 45percent in 3 weeks.

    I would advice oil to anyone look at pre historic charts same as housing bubble. Supply and demand.

    Invest in oil

    I invested in oil futures 52 weeks ago and made -50% in 52 weeks.

    I would not advice oil to anyone, because advice is not a verb.

    Anyone investing in oil futures needs to understand why oil futures might not move in concert with the price of oil. If you can explain contango to a 10 year old, that's probably a good start.
  • Pincher
    Pincher Posts: 6,552 Forumite
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    I thought we all saw the future of oil: Mad Max, starring Mel Gibson. A whole world of Australian Barbarians, chasing the last drop of fossil fuel.


    Buy a hybrid.
  • talexuser
    talexuser Posts: 3,537 Forumite
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    Pincher wrote: »
    Mad Max, starring [STRIKE]Mel Gibson[/STRIKE].
    according to latest share price Tom Hardy ;)
  • Pincher
    Pincher Posts: 6,552 Forumite
    1,000 Posts Combo Breaker
    talexuser wrote: »
    according to latest share price Tom Hardy ;)



    Can only remember Charlize Theron in that one. :p
  • BananaRepublic
    BananaRepublic Posts: 2,103 Forumite
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    Everyone's correct to focus on individual shares, or a basket of similar shares (ETFs).

    The FTSE 100 may move 3% but an individual share within it may move 40%.

    Personally, I'm studying and applying Financial spread betting where you can make money as a market or share is going down as well as up.

    Good luck! Individual shares are too high risk for me.
  • jimjames
    jimjames Posts: 18,774 Forumite
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    Good luck! Individual shares are too high risk for me.

    Somehow I expect more spam from that previous post....
    Remember the saying: if it looks too good to be true it almost certainly is.
  • BananaRepublic
    BananaRepublic Posts: 2,103 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Combo Breaker
    jimjames wrote: »
    Somehow I expect more spam from that previous post....

    I must have been sleeping to miss the intent. Sigh. :)
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