coincidentally17 Mar 2011 11:06
in very much the same position as Ivaylo, my main problem is margin, great buying opportunities, but i need to keep my margin in the account to support any further falls, particularly with lloyds, especially if we do see 54/55p ish.
although its still holding well at present. However if this melt down occurs then we will see another 2-300 points coming off ftse. Been watching a lot of 'doomberg' last few days and they've had some great guests on.
Chap last night confirmed that with natural disasters there is normally a fast rebound, although he said due to magnitude this would be slightly more protracted. Cita group chief economist this morning stated similar.
Barclays capital and a few others feel markets now gone too low But as the cita bloke said, the market panics and factors in the worst possible outcome.
So it really is how these reactors develop, personally i'm hoping they cool as my sister has lived out there for 14 years teaching the very poorest of children, although 300 miles from current infected area, but god knows how far it will effect if a meltdown.
TNI, want to buy more, might increase my margin to buy, but was so badly burned in the last banking crisis, do not want to put myself in that position of loss, or more importantly stress and anxiety ever again!
also worried i won't have funds to pay for the prty!
Arkk - you bought many lloyds between 59 and 60?