Dire Stockmarket warning from Moneyweek

free4440273

looks like the party has started already: the only thing holding the ftse 'up' now is the miners: when/if they crack, there should be even more significant downside:)

LittleJo

Hi,
If anybody could actually predict the movements in the FTSE they would keep it to themselves and make a fortune.
Jo

LongTermLurker

free4440273 wrote: »

looks like the party has started already: the only thing holding the ftse 'up' now is the miners: when/if they crack, there should be even more significant downside:)

It's like the lead up to Christmas on here - and everyone can't wait for the January Sales to start

"For every loser there's a winner" :cool:

Biggles

If a Fleet Street Publications newletter says the maket's going to fall, it's time to buy!

thor

LittleJo wrote: »

Hi,
If anybody could actually predict the movements in the FTSE they would keep it to themselves and make a fortune.
Jo

True. But the same could be said about the lottery and knowing the numbers before they are drawn.

udydudy

Well FTSE in the next couple of months(maybe by september/october) should be near 4700 or lower. The only reason for indices all over the world being at high levels(nearly at within 5% of all time highs) despite financials taking the plunge is due to the commodities sector stocks aka OIL.
The third quarter should see a retreat in crude prices and this should send Indices crashing by 25% atleast.
Nobody can predict exactly where the stock market will be but one can use many tools including fundamentals and technicals to predict where it will go.

So all you who are invested in CASH will surely be a happy lot. cannot wait for the grand finale to get fully invested.

firsttimetom

well mrodent, that's the trouble with trying to time the market. of course, if you sold at 6,000, then you missed a fair bit of gains as it was over 6300 for a short time.

My Halifax Stocks and Shares ISA went Positive for 3 days over this period!!

I got the form in the post on day 1 and had my shares sold on day 2. I made a 0.74% profit, but the shares would be nearly 5% down had I have kept them. I was incredibly lucky and now that money is earning me a good rate of interest.

mrodent

hi all,

in life as in investment you shouldn't be looking back... I suppose I must be really silly to have sold at 6000+... incidentally if I did this it was because in my judgement the UK economy at least is set to be VERY BAD for a long time; as I re-enter the world of stocks (after months?) anywhere in the world I shall certainly drip-feed... I've always done this. In fact it's not just about certainty that the market will be in the doldrums (or worse)... it's also about ANXIETY. Why tie your fortunes to any market unless you are positively buoyant in your feeling... otherwise put your money in bank accounts or invest/spend on stuff which will make you happy or do some good in the world.


I note nobody's given any suggestions about what might do well when everywhere else is doing badly: manufacturers of police truncheons and security fences? bailiffs? Even my natural resources funds and Russian funds, which I have kept on, are stagnant at the mo, as is a few quid I put in "managed gold" about a year ago, which behaves in a very counter-market way usually.

I just bought another wodge of gilts... what can you do?

Leighthal

I'd like to invest in the manufacturers of police truncheons but alas I don't think there are enough policemen to wield them.:sad:

hedger

seems this article was very accurate.......