europe scares me too.. it's amazing how bullish the hedge funds and US money managers are on Europe.. just shows they are afraid of how fully priced US is.. that they want to pay over the odds for dodgy european companies next.. if EU throws us some bad news could be a big tumble this year.. I odn't think wil happen.. maybe a dip but nothing too scary.. but who knows.. never rule anything out
I think there are two dangers during 2014.The first is the political situation. If by the end of the second quarter Milliband appears to have a chance in the 2015 election then this could have a huge impact on the market.I don't think this is likely.The other danger is the economic situation in the Euro area.If these problems do not get in the way then £2 by the end of the financial year is quite possible. I seldom day trade but I have always craved action.Hence yesterday when I saw the dire predictions of the chartists,being a contrarian,I purchased several thousand tcg shares at £1.79 and was able to sell this morning at £1.83.Did not make a great deal but got my excitement and the rare satisfaction of buying at the bottom and selling at the top.Enough excitement for one week.
does feel like if 180 goes.. we could visit mid 170's.. but.. given circa 20m additioanl trades took place above the avge last few weeks.. there's a whoel lot of new erquity presumably moved in now. so not sure where the sellers would come from at thos elevels.. and psosibly the buyers may have some reserve ready to buy those sorts of dips.. we'll see
im remaining optimistic.. for now..
really hoping we don't get an early feb mkt wide correction.. look back a few years.. they aren't unheard of unfortunately.. albeit we're in different times this year to every year since 2007
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.