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Yeah, lots to answer for - like 50% gains in a year.
Copy and waster :-D
“(Won't be touched till Johnny Cat's say mewwww)”
No the cat talks and predicts share prices into the future…should be in the circus with those skills. JTT could paint up and join as one of the clowns…! Long way off his 335p prediction at end of September, cat has a lot to answer for!!! Mewwww! ;-)))))
**It seems to me “falky” you’ve woken up to how RR SP works and protecting your position when opportunities arise outside of your core holding…your then making money on the drops too…!**
Since the RI, Regardless the sp valuation, I always held the shares
(Won't be touched till Johnny Cat's say mewwww) , also, have the SB
going, but it does vary from £3k pp max to no less than £500pp.
I use very simply way of trading the SB. But, tbh, it will sound very
Complicated if I gave the details.
According to my IG account, RR done the best for me
Followed by L&G then IAG then lloyds....ALL IMHO-DYOR
I agree Powell has boxed himself in. Everything he says is fully scrutinised by the stock market, if he mentions anything around tapering the US market goes into panics…I don’t now how long he can carry on with this cat and mouse game…inflation isn’t going away so he’s got to grasp that nettle…how he avoids a taper tantrum is anyone’s guess…growth is looking a bit shaky too against previous predictions
Re inflation not transitional. For the amount of people saying the fed is wrong you will find equal amounts saying its right.. consensus is we've already peaked.
Unfortunately my strategy is weighted to a correction so everything comes into play if that happens…
All I can say is tapering is coming this year, how the markets react is anyone guess but I think we now they aren’t going to like it….Powell due to talk again next week and inflation is everywhere you look at moment. Growth is slowing down as we get things moving again for many reasons which is likely to go into next year. I still think red inky reflects where RR will be next year…RR isn’t top of my list to buy either as I prefer divs once the market opens up properly next year so won’t put as much back into RR again…if a correction happens how I invest changes as I don’t like to get attached to shares I own…income based suits me better
Thanks dt yeh hope your in good health... no I take him lightly he’s a Pratt I just let him know I haven’t forgot the abuse he gave Ken and I think you a bit at the time... good to hear from you dt.. things looking good I think for Rr and iag
cw I agree Powell will dominate the markets next week. He's boxed himself into an impossible situation and it's not out of the question he'll delay the inevitable again which will simply extend the uncertainty. By accepting inflation is not transitory he's going to make himself look a numpty so it'll be interesting what he says.
If inflation is an issue gold will be a good investment. It's only a few % above year lows and maybe a "flight to safety" if everything else goes t**s up. It's on my watchlist and I've got a buy order @ $1760 on IG.com
Glenn (OT everybody else - apologises)
Take no notice of Qzqz on the Glen board he's just a mouthy idiot and not worth the trouble. More than a few people from that board have had abuse from Tarquin from Bolton, best just to ignore the fool matey and let him talk to himself, he soon gets bored and disappears for a bit.
Hope your well buddy.
Hi Botbot and don't think having a strong cash position is something you should be concerned with. You now have options and on balance you'll get more bang for your buck in the coming weeks. I think RR will drop again next week for the reasons explained and if Powell's speech is not well received then goodness knows where this will end up:(. Disgraceful how he's handled matters as he put the S&P etc on steroids and now it's payback time. The good news is there will be bargains out there again so cash is king at the moment I think. RR will come good but we may have to wait until 2022 to see a meaningful return.
If there is a market correction then I am loading up heavy on Microsoft as it is beast that keeps growing which in 5-10 yrs will give you multiples of profit.
Also in short term there should be a run up on clean energy companies (electric, hydrogen etc) in run up / during climate conference in early Nov.
Yes yes yes spot on spot on and unfortunately spot on
So got any good suggestions that I can then investigate and decide on?
BP and She’ll + banks + hammersol.! Some others ?
Ok well we all pull the tea leaves out and have their own little ways they think which way the SP will go and I admit my tea leaves did show a dip of red 2 stars now they are are on 5 green stars with a tick up which I have not seen a long time on RR so I feel very Bullish , also I have the Tech analysis comment Moving Averages analysis .
Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.
That is good enough for me .
Hard to call next week as ever but investors , bloggers , commentators the lot are looking for a US correction. It doesn't have to be 10- 20% it can go sideways for months and meet up with the moving averages again.
Thing is there's hardly a year goes by without a return to the 200 day average and this year is one. A kind of 1 in 10 event. The 50 day average as mentioned in the above posts has been hit a few times this year and is bang on today. What happens next nobody knows but I can see other indicators such as Stochastics on the bottom so at buying territory. ?
RR is in buying territory as of last Wednesday at 105p when you load up the Stochastics on here from the indicators.. All tea leaves but plenty investors use them.
You have two issues, your heavily down in IAG and too heavily invested in RR with no cash or trading pot…not a good position to be in…you can’t average down or take advantage of dips or a correction when those happen as all your money is tied up! Look around the stock market to spread money about when opportunities come knocking this year. You have to hold cash when that happens! don’t let FOMO rule your trading strategy
There you go metom... now you know what the papers say is all bs ...
It not if but when, that’s why Powell is careful around tapering incase the markets get a tantrum…unfortunately the markets nows that it’s getting nearer to that outcome so getting nervous every time Powell is due to speak and watching his every word…inflation is evident everywhere and I personally don’t go with the transitionary theory!
What do you think now for next week.?
Friday was a good day, but I did actually sell some of mine, and siting on cash, of course, I do hold a very large, actually ridiculous RR holding, but I do actually believe in RR as well.
So, I got out at 110.5p, for some of my holding.
Of course, the good news did continue after I got out, and has continued throughout the weekend, and by the looks of things, the FTSE will jump well over 1% on Monday...
So, do you think this will dip again below 110.5, or are we now close ish to bottom.?
The spike won’t be long :) I guess with in 2 weeks we will have a historic spike :)
And also please don’t listen this idiots who are talking about the new variant , there was never second Variant . It is only one virus . News paparazzi can’t stop reporting . I don’t believe that there is another variant.
Good point falkland and as i've said I am an optimist in RR medium/long term prospects, it's the SHORT term I am concerned with so I'm looking at a great buying opportunity in the coming weeks. Once we hit this bottom this will have no barriers to go up to 130 "..and beyond" as Woody said in Toystory :)!!
The only reason this is being held back at the moment is because of the uncertainty in the US stock markets, as well as the FTSE 100 tanking last week or so.
Litt the forthcoming drop will not be a "dip". Up to you if you consider this will bounce again off the 50 day moving average. I'm just saying you will ignore this fact at your peril. This board is to help one another and I'm simply saying be on your guard. You can exit your position in seconds and buy back just as quick. The risk is to the downside for the next few weeks.
As long as you return your trading pot to cash on or near the highs you’ll be ready to repeat that again as the SP moves up and down falky…?! The mistake is not selling that trading pot once you’ve reached your trading goal to take advantage of the next dip. You can then make money on rises and falls whilst your core holding remains untouched if it’s a low average! I’ll repeat profit is not profit till it’s banked…paper profit is easily wiped out as those who’ve been in RR a while can testify…selling is very hard for some people who suffer from FOMO…!
It seems to me “falky” you’ve woken up to how RR SP works and protecting your position when opportunities arise outside of your core holding…your then making money on the drops too…!
“A pessimist sees the difficulty in every opportunity; an optimist sees
The opportunity in every difficulty.”
If it goes lower then buy-add in drips....I hope it will drop
Again to Sub 100p on Monday cos I can see it recovering the next day.
The clever pinter would advantage of the situation and makes
Few £k profit easily. ALL IMHO-DYOR
If Powell goes anywhere near the word “tapering” next week or early October when US job data for September is released, hold on to your hat as it’s likely to get very bumpy and quickly on that day. At some point he has to layout his plan for “tapering”…inflation is real so at that point they’ll have to grasp the nettle before it gets out of control…RR will be collateral damage along with everyone else in the markets! I’ll sit this one out and keep my positions light and high in cash with occasional day trading…kitty is merely minimising risk as there’s wide ranging issues in and outside the wider stock markets…GL DYOR