Fear/Oppurtunity16 Oct 2014 13:47
Tough one, what do you guys think? I think we are struggling to find support as the market just went up and up with no correction, as a result people are sat on alot of profits and a selling or people have forgotten what volatility was like and dumping everything.
Another bad day for my PF which is mostly oil stocks... So glad I sold FOGL @27p the other day, had a big stake in for me, roughy 40,000 shares. Was hoping to double my money on the well spud and put profit towards a house... Well that's on the back burner. In order to broaden my PF i've bought STAN this morning at 1040p and EZJ at 1030p, bought through Spread Bet with tight stops as they are lower trend line prices.
Thinking of buying some BARCsat 195p, banks in US banks have been beating forecasts, good TA spot too. BP at 400p/360p, Schroders, Rolls Royce.