I didn't sell and now with the FED delaying the QE tapering, there could be even more rise to come yet. May be there is a chance to see £4 sometime soon. Well, there is nothing wrong with a wishful thinking hey?
Tesco tablet expected on 23 September - and may be very low-priced: Tesco will unveil a new device - expected to be a low-priced own-brand entry into the tablet market - on 23 September. It has sent out invitations using the phrase “We’ve got something to show you” and using Tesco’s new “Hudl” trademark.
nice use of the word chagrin by the way I like it ill try and slip it in at work tomorrow.. the extra 150m loss is the extra they need to shut down the 50 stores they have not sold and lay off staff. and im sure I read they lost 162million last year on F&E (ill have to trace it down) so im assuming we still have for another 3 months ive just read on the tseco share news before we finally hand it over so I am figuring we owend it for say another 7 months in this financial year and going at last years losses(7months at 13.5 million loss a month) it will be another 100million ish hit. well half year results are due on 2nd of oct all will be revealed. as for America they let assad off the hook by letting him get rid off his chemical weapons thus averting a strike so that's saved all shares from a dip at the moment . alas 366 was my sell price so missed out on £35" so far as haven't re invested elsewhere yet"
"G557: If you are an active trader then your way is probably the best." Bonz1957, I'm not totally convinced but Im trying it anyway. Sometimes the "noise" in the market can get in the way. It is not always "easy" to identify what is cheap .... without hindsight.
Your auto system takes out all that and over the longer term should pay off. Is 30 years a long time holding? Well it longer than some day traders but Uncle Warren's timescale was "forever" so somewhat short at the moment.
As for your "headache", it must be one of the better ones to have. As for Tesco not sure if it still cheap but I dont think its expensive. It takes time to turn supertankers around.
I have almost sold my tsco last week but after hearing it has got rid of one of its dead weight. I changed my mind and decided to give it another chance to see if it could go back to over 380p again, then I will make my decision what to do.
Anyway, tomorrow could be a good day for the markets, because they don't afraid of the FED QE tapering anymore but have already factored it in. So at the moment both the ftse100 and the dow future are up huge, 65, 172 points espectively, vow, how wonderful!
You sold out of Tesco on Sep 4 according to your post, when the SP was 365p approx. I understand your chagrin but NOT your interpretation of the F&E losses. You suggest war in Syria would lead to an SP of 340p, when a rise in Defensive stocks like TSCO & a flight from Risk,(like your CEY), would be the norm.
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