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Liquidate entire portfolio until virus is over?

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  • coastline
    coastline Posts: 1,662 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 24 April 2020 at 11:58PM
    I posted that link on the 15th of April and so far the markets haven't been any higher. Although its only one of many indicators out there it did suggest lower. Both the Dow and the FTSE did fall as much as 4% but have recovered much of that fall. The indicator, Slow stochastic , is nowhere near oversold after being in the overbought region when I posted. That doesn't mean things will play out as was highlighted by another poster jamesmorgan on the 16th of April. We can only see. 
    Market is in a tight range at the moment since my earlier post and then sometimes we have a sudden breakout. Could well be next week ? Set the two below to 1month to get the picture.
    https://tradingeconomics.com/united-kingdom/stock-market
    https://tradingeconomics.com/united-states/stock-market

    Since the drop the main market , the USA , has recovered more than 50% of its fall. I watched a video yesterday which highlighted all falls of 20% or more since 1950 and once they've recovered 55% or more they never looked back. Who knows. ?

    Set the video to 13minutes 30 seconds. Forget the start.
    https://www.youtube.com/watch?v=C7rap3X9Mrw

    Well that's all my tins of beer gone. Wish the pub had been open but it ain't going to happen. There's a fella on the tele saying drink disinfectant but I think I'll go to bed instead. 






      
  • I don't know why you are so concerned about my personal financial position unless you would derive some warped satisfaction if things don't pan out my way? It's really immaterial to this thread and the original question posed. But to satisfy your curiousity, I will be just fine whatever happens just not so wealthy if gold tanks.
    My interest is that I suspected that you wouldn't be so reckless with your capital if it would have a significant (to you) adverse effect on your lifestyle if it goes wrong. I think that's very relevant to whether people whose finances have less room for error — which is most people — should listen to you. For you, it can be principally just a game; for most people, it can't.
    (Though I wasn't mostly asking out of concern for you, I'm nonetheless glad to hear that you will be fine in any outcome.)
  • Username999
    Username999 Posts: 536 Forumite
    500 Posts First Anniversary Name Dropper
    edited 25 April 2020 at 12:43AM
    coastline said:

    I watched a video yesterday which highlighted all falls of 20% or more since 1950 and once they've recovered 55% or more they never looked back. Who knows. ?
      

    Eh?
    All he is saying is to go up 100% you have to go though the 55% retrace.
    Same is true for any percentage from 1% to 99%.
    We all know the S&P500 has 'recovered' from all the 'Bear Markets' since 1957 (so far).
    Not true for other Index's.

    I give him 1 out of 10.
    :)
    One person caring about another represents life's greatest value.
  • jamei305
    jamei305 Posts: 635 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    edited 25 April 2020 at 8:00AM
    A sample size of only 12, with 0 being caused by a pandemic. Think I'll pass on that 55% rule.
  • coastline
    coastline Posts: 1,662 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    coastline said:

    I watched a video yesterday which highlighted all falls of 20% or more since 1950 and once they've recovered 55% or more they never looked back. Who knows. ?
      

    Eh?
    All he is saying is to go up 100% you have to go though the 55% retrace.
    Same is true for any percentage from 1% to 99%.
    We all know the S&P500 has 'recovered' from all the 'Bear Markets' since 1957 (so far).
    Not true for other Index's.

    I give him 1 out of 10.
    :)
    Market falls of 20% or more are technically called crashes. All those falls since 1957 are highlighted in the video. If the market recovers 55% or more ( not 50%) from that low then the bottom isn't tested again . Video is suggesting we have seen the low and have a normal choppy recovery as its never a straight line. Previous crashes might have given a different outcome maybe 1929 did I've no idea.? 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    why on earth would you want to be in stocks in a bear market and have to wait 5 - 10 years to get your money back? 
    That's a very broad generalisation depending on which stocks or markets you are referring to. 
  • Has anybody been looking into the publicly listed companies working on antibody or antigen tests? Might throw a few hundred pounds at a couple of them on monday as a bit of a punt. The market cap of Novacyt went from under £20m earlier in the year to £250m close of play Friday. There are few companies that i feel could re rate if they get their products to market.
  • Username999
    Username999 Posts: 536 Forumite
    500 Posts First Anniversary Name Dropper
    edited 25 April 2020 at 1:56PM

    Next week could see major move in the S&P 500.
    5 companies report earnings Google, Microsoft, Amazon, Face Book and Apple.
    That's 21% of the S&P 500 in just 5 companies!!


    https://markets.businessinsider.com/earnings-calendar#date=04/27/2020-05/03/2020&name=&countries=&eventtypes=103,99&tab=L
    One person caring about another represents life's greatest value.
  • coastline said:

    I posted that link on the 15th of April and so far the markets haven't been any higher. Although its only one of many indicators out there it did suggest lower. Both the Dow and the FTSE did fall as much as 4% but have recovered much of that fall. The indicator, Slow stochastic , is nowhere near oversold after being in the overbought region when I posted. That doesn't mean things will play out as was highlighted by another poster jamesmorgan on the 16th of April. We can only see. 
    Market is in a tight range at the moment since my earlier post and then sometimes we have a sudden breakout. Could well be next week ? Set the two below to 1month to get the picture.
    https://tradingeconomics.com/united-kingdom/stock-market
    https://tradingeconomics.com/united-states/stock-market

    Since the drop the main market , the USA , has recovered more than 50% of its fall. I watched a video yesterday which highlighted all falls of 20% or more since 1950 and once they've recovered 55% or more they never looked back. Who knows. ?

    Set the video to 13minutes 30 seconds. Forget the start.
    https://www.youtube.com/watch?v=C7rap3X9Mrw








      
    Thanks. Very interesting. We shall see.
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