- Joined
- 13 Apr 2010
- Posts
- 18,472
- Location
- Sunny Sussex
Question. In a S&S ISA the dividends you receive that are automatically reinvested do they then come off of this years allowance?
Question. In a S&S ISA the dividends you receive that are automatically reinvested do they then come off of this years allowance?
No, they are inside the ISA, so like gains, they don't affect it.
The only time you allowance is used is when money goes into the ISA.
Piled in BP with the 7% yield
Seem to be in bear market. Don't buy into the doomsday mongering myself, although it's not helped by the Chinese markets. (the FTSE was at this level back in October/December last year too)
Dividend may not last too much longer, although management currently prefer to freeze our salaries rather than cut the dividend! I'm sure Bob's got it under control![]()
They think 100 to 90 QQQ as a marker for recovery, a bounce that keeps that point could lead to a reversalFriday was unusual in many ways – you see a day like this as a trader once every 3-4 years.
>>So where does that leave us?
1) technical damage for short-term and intermediate term is massive. Dip buyer confidence was taken out to the woodshed and thrashed.
2) So much of this is about China – they are the last frontier of growth. Global central banks are running low on bullets and if China is slowing down ...
3) Watching two things very closely – reaction on the QQQ 100 zone (which we will attempt a long on – after a reversal candle) and when market does rally, the reaction on the first major resistance (underside of the SMAs).
4) For the first time in a long time the bias is with the bears.
5) Gap up on Monday morning is quite possible but would make things quite difficult in terms of trading (we are flat). Only way we would get long on a gap up on Monday is on an Indy/pullback to ascending EMA and reverse up pattern.
6) Ideal scenario would be move down to 100, close around there and gap up on Tuesday, or move down on Monday and Tuesday and reversal on Tuesday afternoon. It would give buyers more confidence if the reversal occurred on Turnaround Tuesday. Seems silly, it is silly, but in the end, so is human emotion.
Was gonna get in on BP at 390, forgot and kicked myself, same again all the way to where it is now.
Now I think I will get in, even if it's up a little a open