Member Info for Keepcalmncarryon

Quite right Merv just done a quick count up and today's correction as knocked me back for £51K paper loss across my portfolio, this is not the worst day by far. Every time a correction occurs on this magnitude stocks tend to rally hard after so not all bad.

Yes it's a full house:
Tech down
Online down
Green down
Energy down.
Call it a correction with significance, not boohoo only.

Some major selling off today right across the globe even green stocks getting hammered. All that cash will get redistributed next week. UK GDP down!

If we hold here at around 337 we will have incurred around about a 10% drop, where we can consolidate. With all being well the majority of significant sells done, and what I believe will be a steady climb back taking roughly 15 trading days to go above 370.

Auto my response and thoughts on that day 1 profit taking, day 2 wider market sentiment. Just 2 back to back downward catalysts if it was boo alone then fair play but it isn't. It's not a negative thing we are seeing here things like this we should expect. Trend my man.

https://www.hl.co.uk/shares/stock-market-news

Dividends has got to be on the cards or even a US listing that will definitely give the SP a jolt.

https://www.ft.com/content/9d6fbfce-b3dc-41f7-a2bf-875cfa2c0276

Just about to go on my lunch time walk where I will walk past the boohoo warehouse in Burnley does anyone want me to go and give Kamani a slap, it must be his fault the whole market is down, that CEO of his as got it coming as well. Carol gets a wedgy and the Irish chap is getting arm barred. Thank me later when the SP goes up.

It's not just boo so dont bail on boo it's a sea of red out there today ASOS in the same boat, the Nasdaq will get clobbered today also. It could be the stimulus package, I know most of my green stocks are flying right now it might be cash is moving into them based on Bidens policies. Relax it's the circle of life.

Street is this really your last word you keep saying you are going only to return spout arrogant negativity claim you have won the war then go away and come back on replay mode. Probably the most boring poster I have ever come across FACT. I'll see you at 4 streets smart money.

Streets still gloating at Merv will you be so ****y when the SP does rise again beyond 370 and beyond 4. Just be careful those who laugh first usually regret it. It could of gone either way so if your long you are in good shape, the egos go wild on red days!

Just perfect streets you cant win this game because you are a short term thinker, minutes hours whereas I am weeks months and years, let's pick you're arrogance back up when we hit 4. It's just to easy street, I have your money..

On no looks who's back the streets have no name and his out of control ego. I thought you were leaving you did say goodbye with that 4 letter expletive didnt you. Welcome back street we missed you..

I've not made a million shares but I have made a million mistakes in this game namely some years ago. What did I do as a novice investor back then, I'll let fear in and panicked sold off lost some cash then bought back in. Rule 1 never sell at a loss, Rule 2 stick with your conviction, Rule 3 Mr Buffet when all others are fearful be greedy, Rule 4 Go long stay strong ignore the drama, Rule 5 when you land your number walk away from the table. Investing is much more simpler these days. We will ascend soon keep calm.

Honestly this is the truth, the large shareholders are playing the markets, huge sells money is being moved around it's that simple. Boo, ASOS it's not discriminatory its playing the game. The cash comes back into boo once the rinsing is completed. Meanwhile fear takes over suddenly boo is the worst company in the world and everyone crys about it. SMI delivered 108% last year invest in that if boohoo is too scary!

Correct Micky it's the worlds greatest hustle and the poor victims roll in and roll out just like a processing plant. When you hit sell in a panic sell you have pulled your own chord on your self made guillotine, tragic. I'm off for a strong coffee and a workout! I'll be back.

Trading for beginners 101. Market manipulation large holders sell off, novice traders panic, large holders wait, large holders buy back, small holders despair and run for the hills mocking said company like it's there fault. Sound familiar. In a very short time frame the SP regains and bounces further beyond recent highs. Meanwhile back at long term investor HQ the story is comical and deserves little attention whilst scooping up some cheap shares in the all to familiar process. :)

Really still griping what's goes down must go up and vice versa, still being manipulated folks, tree shaking call it what you want. If your long no bother relax.

Merv give the lad a break he is only 12, I'll tell you he has one share 3.70 all in, it's ironic because he had to break his £5 piggy bank to invest that.