Member Info for Daytradenovice

ken, im doing the same. Different circumstances but before the election svt was £24 ish, then dropped down to £17 ish very quickly over Corbyn fears for the industry, then straight back to £25+ currently, despite the virus. Sellers panicing got themselves fleeced
The Patient investor prepared to hold a decent company normally comes out the winner when panics of any sorts occur.

George, you sound far to happy after suffering all that shopping, go and have a lie down or something mate.

has certainly livened up this last week (for the better imho), not so long back there was hardly any posts. Lots of chatter and discussion on here from some very varied and contrary viewpoints - been really interesting to read and take on board, everydays a school day :)

char, sometimes we are all too keen to spend our way out of trouble by averaging down, different views on that - personally id rarely do it as i see it just tying up more capital, short term thats OK but long term not so good. Just my view mind. Im very heavy in oil and bought lots of shell at BG purchase time so most of my purchase costs are at a big discount to todays sp, not helpfull to you i understand, but these shares did hit £26 odd not so long ago (am not suggesting they could again tomorrow) and are back down again, in short, they do move around a lot and we never know what is around the corner.
The US shale boom and Trump has helped keep the oil price down and relatively stable over recent years. Again that may not remain so. Reading what others better placed than me say it would appear shale is suffering, which can only be good for the majors. The way i see it there is a lot of panic in the markets due to the media coverage of the corona virus, whether its a pandemic or not is clear as differing countries may or may not be reporting truthfully. The likes of you and me will never know the truth of this, however this is driving the herd and affecting all shares prices negatively. Humans are a lot like sheep in some respects, farmer turns up with food we all trot over, lion turns up we all f.ck off.
The situation in the middle east with Iran also interests me, if they are suffering from this virus you can bet your bottom dollar that their rulers will struggle, they may blame the western sanctions and start acting up again, showing a strong face, to stop their population rebelling, this would drive up oil prices as tensions rise. There may even be restrictions in the transport of oil if this virus truely takes off.
In short i suppose what im trying to say is that sometimes patience is an investors best friend, and that these things tend to be cyclical, it might be down now but it might not be tomorrow, no point worrying about it to much as no investor should invest funds they cannot afford to lose realy.

my post, to which im assuming you refer, reiterated pretty much what you said at 10.37 Poker, people seeing into the future, or heaven or whatever you want to call it, which is impossible as you stated.
Opinions are well and good, we all have them, but blatant predictions about "mess in the usa" "head in sand" " get real" etc are unsubstantiated guesses at best. And at a time of volatility are hardly helpful or factual.

im impressed with Chars vast worldly wise knowledge and predictive ability - now why didnt he tell us about the impending doom a while ago?, the answer is because just like the rest of us he cannot see the future despite his scaremongering.
All we need now is that worldgoround numpty to join in.
Gotta dash car needs filling up with fresh air, beans, tofu or possible diesel.

hurry up the weekend, getting a little scary out there now.

dont look at RYA without a tissue :(

150 now, like a hookers knickers this is

163 at present

no billy, i think they will keep dropping tbh

HL got glen at 216 and bp 443 ffs

i recon so billy, big initial drop with slidey slope over the day would be my guess.
Trouble is we never get told the real truth from the media as they sensationalise everything but some are saying the chinese are undercooking the numbers, so quite what the truth is is anybodies guess. Us humans are like lemmings.

blimey Ken, thats mega money. I have the same trouble with my tickets to keep my streetworks/confined space etc upto date but not in that league. ****es me off to cos the trainings always the same, never anything new, but at least i dont have to pay the bill.

only positive at the moment Ken is the new ISA allowance is just around the corner, so should get a few more shares tucked away cheaply if using spare monies

private jet as well billy, no sharing it with the rest of us 'contaminated' masses.
Should be safe down my way, no-one visits Cornwall in the winter and im sure the locals will block the Tamar Bridge to keep the bugs out, you heard it hear first lol

the one to be in will be the first pharma company that come up with some sort of vaccine for the virus, with all the media stuff doing the rounds those would sky rocket. Will have to be a 'bottom' for the rest somewhere i suppose, but I bet richard branson will be planning his evacuation to that island of his soon.

everything is possible id guess, and no ta, i moan about the rain in the UK quite a bit but i prefer it to the Namibian dust handsdown.

woodstock. especially if your expecting an electric rangerover in March.

Good luck tomorrow you guys, hope whatever your chosen flavour, the cake is nice in the morning.

other thing to,mention was this was a proper job made to last, im guessing our pipeline wont be needed forever so all things being equal it should be quicker.