Member Info for LWHL

Oh, I completely agree. 2020 was a good year for me in the markets. My first (and to date only) 10 bagger, a couple of three-baggers and a number of 15%-30% plus quick wins too. Totally agree also that the US market is frothy, certainly when compared with the UK markets. I also take the point about the 100 versus 250. Volatility IMO is stimulating (but I accept that might be a fault in my own brain!) Certainly not advocating anyone buy or sell anything on my suggestion. I am simply of the opinion that while history may not repeat itself, it sure does rhyme.
OK - cards on the table - so I can be justifiably mocked when I am proved wrong....based on the long term US charts, I can see an almighty crash happening at some point. If it happens, it will take all the other main indices down with it. If it happens, it may, or may not, take a decade to recover, but I would still ladder in to certain names at that point and over the following years. Trust me when I say I do not want to be right about this; I will make far more money if I am wrong, but to discount such a possible scenario is not wise IMO.

DB2014: You could be right. Maybe this time will be different. GLA.

I believe that the bottom will be in when everyone is saying that it is all over, panic is widespread and people are literally disgusted with the thought of the stock market. Similar to sentiment back then, Newdealz. We are still seeing buy the dip mentality IMO. Don't get me wrong - I am going against my own instinct here, which is to keep buying, not trimming and outright position closures. I still have a few positions open, but most of them I have trimmed recently. Smarter people than me cannot time the market well, so I am under no illusions as to my own capabilities. I just want to be in a position where I have plenty of dry powder should these fears be justified. And then, if it does, start buying/repurchasing at oversold levels...when it feels least sensible and comfortable to do so :)

The technicals (as far as I understand them) suggest this has more road to travel. It was a derisk decision only, based on those concerns I mentioned. Yes, I know they are not 'new' variables, but I cannot help but feel that what we are seeing so far is bordering on euphoria and a hard and fast correction often follows such a trend IMO. But I am often wrong and maybe all of H1 will follow the current trend before some reality sets in. Or maybe the whole year will be positive. Anything is possible on the stock market :)

My decision was based on the markets being around ATH's. You would have thought that private and public debt and inflation levels were at record lows, with recent company earnings having posted record highs across the spectrum, to justify this chart action! But I fully accept the markets may have higher to go still and BARC is not expensive now, even with the seeming indifference to the above flashing red lights. Surely you must expect a sensible recalibration at some point?

Well, I got my target price so have decided to sell up for now. Not BARC-specific, just feel the market is due a correction. Frankly, I am fairly staggered we have not had it already. Equally will not be surprised if the markets continue to rise for a while yet...irrational for longer etc. Good luck to all still holding. This is a terrific chat board, with some excellent posters. I will continue to follow it and the company and hope to get the chance to return again at some point. It may need to be at a higher price of course, but I just feel comfortable taking profits in this climate, rather than a more patient buy and hold strategy. All the best everyone!

Don't forget you have Pelham who seems to have been offloading quite aggressively. I assume they continue to do so, otherwise I would have expected a better rise after than RNS today. Hopefully it will clear him out more quickly and then perhaps the SP will rise more notably.

They may, at a later date, claw back owed tax, if they have failed to do it first time around. This happened to me on a couple of occasions. As far as I am aware, you do not need to do anything - but check with them if in doubt, of course. Meanwhile, solid progress recently. If we see another dip, I may look to add a few more. GLA.

Looking strong today. Will this be the move that firmly breaks that 300p resistance, or are we going back to test the 50 DMA again? GLA.

I have been a holder here until fairly recently. I like this company a lot, but I am still to be convinced about the wisdom (and cost) of the TT deal. The SP action has been fairly weak for a little while now, especially given the buy backs. Inside selling back in August (was it?) started to make me consider my own IG holding, although I did not start selling immediately. Not that inside selling always signifies bad news brewing of course, but nevertheless. I have a repurchase price in mind, but am also wondering if it may be better to wait for those results now. I may regret such a decision, but these are my views, FWIW.

I guess we need to see if the 200 DMA is tested and then broken, before a break out is confirmed. Maybe this week, who knows? 19.12 is the magic number to this end I think. Just going to watch and wait for now, but certainly not selling my current holding at this level. GLA.

That is one of the reasons why I am long PM miners. And have been for a few years now. Quite frankly, the west should never have moved away from sound money IMO, but we are where we are and will just have to see how this all plays out.

Not investment advice of course, DYOR etc, but since you asked - across the pond...I like Paramount Global and a few of the bigger PM miners. Personally happy to hold through volatility and build on weakness with those, but I could easily be wrong of course. I can hold long term if needed too. Not currently in any of their banks, only BARC. US markets still look very frothy IMO, but who knows?

If it is to focus on turning the RENE ship around, that is indeed terrific news. I took a small punt here when I saw he had joined. His reputation is impressive, IMO. I hope he can do here what he has managed to do elsewhere. GLA.

That is because he is an extremely arrogant CEO. If he does not deliver in 2023, he can safely be added to the bulging bin of useless AIM leaders IMO. I am not interested in listening to anything else he has to say. Actions - outcomes - are all that matters now. Trust is hanging by a thread. No more excuses.

You make a great point, Seav. I believe that the cull of Twitter staff (and how little it seems to have impacted their service offering!) is going to influence the broader tech sector. IMO it will greatly accelerate the likely headcount reductions in that field (some of which were going to happen anyway), but could indeed lead to 'contagion' across other sectors too. Such as banking. Where it really needs to happen, IMO, is in the public sector space, but not a chance will that happen!

I trimmed a few today. Was aiming for 180p ish, but gut feeling, like some others here, is that the markets are going to correct soon after this frankly surprising start to the new calender year. Naturally hoping for a pull back now (!) but kept a few for a LTH. GLA.

Not at all, most welcome thoughts, thanks JayK.

JayK: If 173p does hold today and tomorrow, what do you see happening, from a technical perspective? I had in mind circa 180p for an initial slice, but am not wedded to it.

In an environment like this one, I would rather they kept more cash on the sidelines - but am not going to complain if they do end up giving two dividends a year :)