Trading the stockmarket (NO Referrals)

Soldato
Joined
15 Jan 2005
Posts
2,716
Location
London
In some serious pain today. The fundamentals of my stocks remain the same (and in most cases are stronger than when I bought them) but the prices are way down. Better off closing google finance for a couple of weeks I think.
 
Soldato
Joined
13 Jul 2004
Posts
20,081
Location
Stanley Hotel, Colorado
Might buy some more GKP once the dust settles.

Oh dam, it hit the spot I was waiting for 186. Still with gloom like this I guess theres no rush to buy. Volume is average looks ok to me 260 target

Af3IK.png
Day's Range: 183.00 - 208.58

This is pretty much the full reset I guess. Without any bad news that is, obviously Iraq can have problems far worse then the Euro

cnr 600 dollar cost per ounce
http://www.youtube.com/watch?v=aJki6AtJuJk
xcite http://www.youtube.com/watch?v=FgYPXXXmL-A
caza http://www.youtube.com/watch?v=9QLPOLb5b8E
http://www.youtube.com/watch?v=Ph3TjBBFRRM
 
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Soldato
Joined
13 Jul 2004
Posts
20,081
Location
Stanley Hotel, Colorado
April sees largest outflow from equities since 1984

http://uk.finance.yahoo.com/news/us-open-april-sees-largest-135015773.html


The darkest hour and all that, right :confused:


1530 is my target for gold on the downside now, in line with 2011 peaks. Since last year gold has risen, right now it obviously feels low.
It is short sold or lent out in order to sell, apparently its part of euro fears being used actively as margin capital. Hopefully this means a brief flux downwards

Shorting means a future forced buyer, Weir stock is 20% lent out short

Equities yield more today than government bonds for the first time since the 1950s./ demographics – are not in place http://t.co/iMW3pUCX


Facebook IPO is on Friday I believe

RNx5g.png

circa March 2008
 
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Associate
Joined
23 May 2005
Posts
2,156
Aha, it's been a bit brutal this week.

To be fair it has been a brutal year.

Anyone who is just getting into shares now is one lucky bugger. It may not be the bottom just yet but buying into a number of shares roundabouts now will give you a lower average than anyone that has been holding for a longer period of time. So wait and watch.

It's all a little sickening. In 2009/10 it was hard not to make money. Buy on a red day and odds on it would bounce within a week and you'd be up. More so when approaching news/updates. SOLG/BEM to name two saw several 100%+ rises over a short period. Now though, even on good news all you see is red.

A time to hold? or sell? I won't be selling. I've bought into companies that I believe have solid fundamentals and will be using these drops to top up at some point. A re-rate will occur eventually.

Patience is needed at times like these.
 
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