If the S&P500 drops below 2720 then we will see a new low in the financial markets within the next month or so.
Lloyds coukd be as low as 24p then!
IM 100% CASH.....and waiting!
GLA
Big drop in markets tomorrow imo....correction is continueing.
Probably see 27p
Hold your nerve, SP will recover from this level.
GLA
Thank you for your kind words.
I agree with Brexit too I am concerned for the UK recovery.....so much uncertainty which the markets hate!
Hope the SP doesn't drop that low as Lloyds shareholders have suffered so much and for many a year now, but wouldn't be a huge shock....nothing is anymore!!
ATB and Goodluck
This might be what I mentioned last week starting to play out?....will know if big drop again tomorrow!!
If it plays out Ftse will go back down to at least the lows of last month in a rapid time.....maybe within 1-2 weeks at most.
Whatever happends SP very cheap right now for med/long term and WILL make money at these levels.
GLA and stay safe!
Looking at ftse just getting just past 6000 then markets going to fall off a cliff.
Another 5-6% raise first though.
Whatever happends this SP is as cheap as chips as they say med/long term right now.
GLA
Hmmmm......is this the start of the big drop I posted to inform others upon earlier today!
People who are holding, my advice is do not sell just incase as the SP is currently very cheap as is obvious we all know will at least double med term.
The rest of us, wait for 24p or so in the coming weeks before the rises start again.
GLA
Im not at all deramping!
Actually dont like ppl who do im just giving my opinion.
Like I said med/long term this SP is very very cheap but can see a big drop coming soon.
GLA
Think we will see the markets rally for a few more days then huge drops will occur like we had last month to take us down to a new low.
Would hold off from buying until that happends but in anycase very cheap SP for the med/long term right now.
GLA
This looks like it will spike down to a bottom price off 22p with a bigger market drop in the near future.
Ftse is going to drop to 4500-4750 region in coming werks then back up nicely.
Lloyds price then....my guess 25-26p?
Yes its because its going to get really messy after Brexit and although alot priced in there will be bad times imo until things settle down.
Think Ftse will go below 7000 by year end.
GLA
Further to drop in my opinion.....can see mid 40's when the ftse proper tanks next few months.
GLA
Starting to look cheap, might get a little bounce but lower to come in next month or so.
Totally out of favour atm.....but will bounce back!
Im going to wait little longer....gla