Trading the stockmarket (NO Referrals)

Wow, down hard again.

Lookslike i'll be holding for quite a while!! Seen 60% wiped off a lot of my shares in the last year.

Tempted to pick up some BARC to ride higher. Almost jumped on 250 range a few months back! Look at it now! 176!!
 
Do you guys think this is a good time to buy, or have we not reached the bottom yet?

I'm not holding aything at the moment at all , got out a while back (apart from my SIPP, but not worried about that - got 30+ years until I'm 55 :p)
 
edgedemon said:
Initial drop down but seeing a slight pullback on my portfolio, praying US Payroll data is OK or this will head further down...
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An article I read earlier that said about 75,000 US jobs were made in July, with 105,000 to be made in August, but then a dip down again in September to around 70,000. Going by a site that trackers company websites. The US needs to create around 200.000 jobs per month apparently.
 
In dec 2009 the NFP was a 500,000 job losses and the market rose. Not hoping for job losses but this could easily be overdone

Do you guys think this is a good time to buy, or have we not reached the bottom yet?
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I dont know but todays ftse drop at open was from all those people being stopped out. Forced sells, capitulation, no choice regardless of company value the price goes down.

That kind of herd rush where nobody even knows why we are moving in that direction we just are.
Thats an indication the market is inaccurate. It can do anything and carry on but its unlikely this is accurate

See 2008 for history I guess. Closed out my minus ftse XUKS to fund all of this


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SKR up today :o

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Good news for VGM? also up 11%
For those of you looking for good news, especially on the havens front, S&P just raised Fiji to a B sovereign rating. (Booyah)
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BP is the biggest clear bargain ? How could they do worse then last year, that really was bad and here we are again yet, 6 PE and 3% yield I think
Shell is 7 PE but BP has the greater potential for profit growth and/or div I think
 
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Well, I had today booked off for a nice relaxing 3 day weekend :p...

I'm sitting on a 1K loss at the moment for my portfolio, which isn't too bad considering. I've only got 2 major holdings of BP and AU which I feel confident in their viability as businesses.

Not really looking to put more in at the moment. I think we're going to have a bit more pain first. But if I see BP, ARM or STAN take major hits then I'll probably put more on them.
 
I bought in to Barc earlier, missed the 170s though as i had to get my trading ISA reopened. :(

Will be interesting to see what the US jobs data does to the markets...
 
By the way, my portfolio is down 38%. Not really bothered though as the fundamentals of what I'm invested in are strong. When sense returns to the markets things should be looking good.
 
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