RE: Keep well16 Mar 2020 12:05
Lastly, I did mention selling from 31/32p down at 22p and took a big hit, as I said freefall was unfortunately coming as this is a one in a generation catastrophe. I oudl buy back in when my pure GUESS was on the price bottom, which I felt could be 12p.
In the meantime, I have no idea how to short shares, and don't like the principal of it all, but did find a Legal and General EFT last week that multiplies Footsie falls by 2, so started that last week to help try and recoup some losses at least for now.
Hate to see share prices plummet all the same, alll the pensions linked to the market etc - but we always bounce back...it's just a matter of when! Short term cash is still king I think.