Johncharles15 what a sage you are. A good directional call! But in this market mate I am not convinced! Once it hits bottom not sure it will go up! Goodness knows where it will go. Only thing I know is my timing stinks. In at 3.95. Then averaged yesterday at 3.33. Down again today. Close to being wiped out!
Today the markets blame V.W Automotive for dragging the markets down Globaly !! And poor old V.W. Will now experience the kind of trouser pulling down that BP and Barclays have experienced. Just see how fair our American Cousins are re V.W early figures is they will be fined 24,000 dollars per car , hey ho why not make it 120,000 dollars per car. Oh why don't European Goverments treat USA companies in a he same way the American lawyers will be rubbing their hands we all know what's coming the extra emissions have damaged my health etc, etc, etc, and Everyone knows The Americans would never Ever deviate from the straight and narrow God forbid . Poor V.W. Rest in peace !!
Agree with you AlanG. Fed rate saga a joke, can't win either way. China was never going to grow at the speed the market expected. Greek election favourable. Russia situation settling"for now anyway". They will be moaning soon about the lack of money entering the market. They can't have it both ways. DOH!!!
My opinion is buy when the cannons are thundering, sell when the violins are playing. It's tough when it's your hard earned money at stake but I think if you have some spare money you should buy bp now, divi looks pretty safe from all analysis I've read.
I am totally bemused at current market situation it seems any excuse to push the market down China , Russia, fed rates , Greece etc , etc, what has fundamentally changed in 7 weeks to justify this massive drop ? Best of luck to all Keep Smilling
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