It will only happen if you believe it.
It's called catastrophising...
Remember the king and his invisible cloak.
Let's see some positivity on this board.
Ps we all love you GS ☺
What was I saying about forecasters? They only ever cost you money.
Gs only a few posts away you said you were stopping in llyods till 2021 .
Mouthy quester writes a negative article on banks and people sell on his advice including your self pushing the sp further down.!!! .
.
Only a few weeks ago IC and other forcasters were saying what a bargain banks and lloyds were and we should all buy them!!
I wouldn't trust any of them to sit on the toilet the right way round little own forecast share price movement!!!
Anyway Hot in agreement sell on the bounce.
Jdf agree stay in cash.
Gs could be wise move pulling out of lloyds. I am still holding for longer term but gs you always come good long term so good luck to you.
I have come down to Devon for a few days to see my son .
Good luck all and to remind us all we have in previous times made really decent money out of the stock market and those times will return!!!
Hang on in there everyone ..
I remember those days well GS when none of us had much of a clue, including Quester when he issued a buy on DS Smith and it dropped like a brick the next day and kept on going until it hit the ground. A wee bounce and down again.
The main thing i have learnt about pundits and forecasters is mostly they are useless. I wouldn't dare name them for fear of being sued.
I can tell you though thy have cost me a lot of money over the years!! .
Useless most of them.
The thing with forecasters is that they have to keep recommending to buy or sell its a game of averages...
They never take technical s into account so peeps often buy right on the cusp of a downward swing.
Some analysis constantly get it wrong, these folk are getting paid big money its shameful sometimes.
One well known editor made a public apology after recommend Rolls Royce so highly.
I could rant on but its bed time....
happy to see a few blues in margin accounts
Can't think of anything earth shattering to say except it could all change any time.
. The analysist heard together but they dont always get it right.
good luck all
forgot to mention in my last post, thet yesterday i picked up a reasonable holding of easy jet at 1488.55
It goes final ex divi on the 25th of Feb. Any body feeling brave current price is 1479
Morning Hot thanks for your ghost hour, articulately put contributions, your brain working at full capacity at that time of the morning is to be congratulated.
I am scouring my bank accounts to see how much more i can add to my margins on the S/B account to hold on to what i have!!!
Now Greece rears its ugly old head again!!!! oh no not again please !!!! good luck all
Hi Jdf7 AV technically its possible you will go sub £4 looking at the last 6 daily candles if it does it will happen tomorrow ( the rule of seven etc)
On the weekly and monthly though there has been a double top and a double head and shoulder pattern appearing which often means it starts to go back up again.
Fundamentally its sounds and i think it goes ex divi on the 7th of April.
If the markets dont get some positive news its any bodys guess to be honest
Yikes, Just switched on my machine and found iv bought some AV at 424.92. Ive had a limit order in on IG for yonks
Never thought it would get filled though.
markets looking nasty again, all red, oh well.
Top ten short interest tracker
keep your eye on Tullow GS and Hot
CARILLION PLC 18.19%
OCADO GROUP PLC 16.87%
WM MORRISON SUPERMARKETS 12.97%
PETROFAC LTD 9.66%
SAINSBURY (J) PLC 9.66%
TULLOW OIL PLC 9.21%
ASHMORE GROUP PLC 8.82%
HMV GROUP PLC 8.08%
ASOS PLC 7.78%
Hansteen Holdings plc 7.13%
Thanks Ariel i have added the names only because i am now in second place lol
Coming in at number one, Goldenshares Tlw +12.5%
2 Optimus purp + 11%
3 Another Hopefull Gkp + 10%
Those are the three in positivity, now for the remainder
4 Troajan Rya - 9.1%
5 JDF7 Cns & Ariel Arrow Ved -11% jointly
6 Hot Eto -13%
7 Time to Retire Flyb -23%
8 Lego Pmo -31%
Gs, llyods, I agree, its a long termer its the only one i have bought for my P/F and will hold for divis might add on dips if i have some funds.
AV sorry to say your not on solid ground with any company. its a yo yo market at best and cliff dropper at worst ( look at Rolls Royce. Just hang on it will pop back up again
Gs, llyods, I agree, its a long termer its the only one i have bought for my P/F and will hold for divis might add on dips if i have some funds.
AV sorry to say your not on solid ground with any company. its a yo yo market at best and cliff dropper at worst ( look at Rolls Royce. Just hang on it will pop back up again
GS iv nothing against holding shares in a P/F long term providing they are dividend paying shares .
Indeed that is my own strategy........... it works for me as i don't need the money as such at my time of life .
I view it as a pension, providing they keep paying a yield i don't mind the capital showing as a loss.
I think about this when i compare my P/F to my annuity. I paid into a private pensions fund ( AV actually) some of my working life. When i got to 60 I took a tax free lump sum and an annuity for life.
I am happy with this arrangement as month in month out the money obediently pops into my bank account.
A monthly lump sum - an annuity is very reassuring as i don't ever have to worry or think about it.
However my capital has all gone its now my pension.............
So having shares in a P/F even running at a loss paying a yield is in a way better than an annuity as i get my dividend income and i have some capital should i need it. So in a way its a win win situation (even when they are showing a loss)
So i only buy shares and funds in my P/F that pay a yield.
Spread betting it a completely different matter, Its all about not making a loss and not holding for too long and taking profits where i can as there are literally hundreds of opportunity's.
I think Hot will agree if you see you S/B account showing tons of red its highly depressing as its eating away at your margins and you are think at what point will i bail.
The P/F i don't care too much if its in the red for the reasons i laid out above.
I ll stop now before i bore you all to much.
opti
Hi Hot yes Joshua M is usually quite good .
I haven't really had enough time to get into indices etc just got a lot going on as per usual and being away a lot .
When I trade forex or indices or comods, I tend to be watching it for a week or two to get a feel, you know what i mean? No doubt i will be having another stab sometime soon.....
Dow does look positive though so good luck with it .
Gs Thanks for the holding comment, a strike on my strategy pins ;) I am at a loss, what do you mean? ( could be another senior moment for my self )
BNC the big trade doesn't make sense but almost bound to be hedged through a big CFD or calls and puts.
Markets rubbish again but sold my SBRY for a decent profit on the back of the Argos deal and been in and out of BP and AV this morning just for a few pounds.
I cant make much sense out of the markets these days too much volatility. You cant even day trade like you use too. Holding long term is even worse than gambling!!! yikes
Good luck every body, the coffee pot is calling
Saudi Arabia ready to manage oil market but all must cooperate – Al Hayat newspaper
01-02-2016 08:37
DUBAI, Feb 1 (Reuters) – Saudi Arabia is ready to manage the oil market under the condition that "everybody must cooperate", from OPEC members to other oil producers outside the exporting group, the Saudi-owned al-Hayat newspaper cited an OPEC source as saying.
"It is still early to talk about holding an OPEC emergency meeting, especially since the amount of crude that Iran would pump into the markets after lifting the sanctions is still unknown. That will not be entirely clear before at least two months from now," al-Hayat quoted the OPEC source as saying on Monday.
The Organization of the Petroleum Exporting Countries is considering a request from cash-strapped Venezuela to hold an emergency meeting to support oil prices.
Oil prices jumped in the last days after Russian energy officials said they received proposals from OPEC lynchpin Saudi Arabia on managing output and were ready to talk.