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Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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Silver chart and an SAB miller short. I mainly trade currencies though which I think is of little interest here.
Soldato
I hate when graphs dont tell me the time frame. SAB could be good as its so internationally successful but at 23pe shares are already popular. 3150 as a good top to short might be key
Its risen today before midday, so thats screwed that sale up but unit trusts are hard to trade
currencies > bonds > stocks drives the market so Im told. Thats really why I even bother, I think currency will be weaker then stocks hence at least a nominal bull market. Cash savers getting washed out by inflation fits that
This is a holiday week for USA but also jobs figures soon. I was kinda thinking we go sideways in a lull, so bought some BP back that I had sold & sold some Lloyds hoping to buy on pullback with any market shakeup occurring
Im trying to stick to conventional companies like Dragon oil but I think many mines are oversold longer term but short term there is a rush for exits that could continue.
POG will sell its gold at 1600 till 2014 (half of it anyway) and by then its very possible gold will buy more dollars then it does now
Amara or Cluff gold's share price is falling into the sea I think because their latest project comes at a cost of $1,100 per ounce and the market thoroughly disapproves.
In the seventies after a strong rise, gold fell 50% and then it more then quintupled.
I reckon it could do similar again so long as the main conditions continue to apply all along.
we all got an interest. I try to time my sipp funds buys by cable, mostly Im abroad so it pays to time when you buy the holiday money
Its risen today before midday, so thats screwed that sale up but unit trusts are hard to trade currencies > bonds > stocks drives the market so Im told. Thats really why I even bother, I think currency will be weaker then stocks hence at least a nominal bull market. Cash savers getting washed out by inflation fits that
This is a holiday week for USA but also jobs figures soon. I was kinda thinking we go sideways in a lull, so bought some BP back that I had sold & sold some Lloyds hoping to buy on pullback with any market shakeup occurring
makes me shiver
Im trying to stick to conventional companies like Dragon oil but I think many mines are oversold longer term but short term there is a rush for exits that could continue.POG will sell its gold at 1600 till 2014 (half of it anyway) and by then its very possible gold will buy more dollars then it does now
Amara or Cluff gold's share price is falling into the sea I think because their latest project comes at a cost of $1,100 per ounce and the market thoroughly disapproves.
In the seventies after a strong rise, gold fell 50% and then it more then quintupled.
I reckon it could do similar again so long as the main conditions continue to apply all along.
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Associate
I think your right but I reckon it will fall to at least $1100 before a big upswing.
I think I posted somewhere a month or 2 back in this thread about a couple of "experts" on Bloomberg or CNBC I saw who said that they see Gold's upside @ $1850+ in 5-7 years but not before a further fall and I reckon the 3 year price will be same as now or less.
Soldato
Can someone help me out at all.
My mum's partner died and I am going through his pensions/shares. I have got all of them sorted except for one, which originated in South Africa.
mm02 plc
I think it's part of the BT group, and then o2? But I'm not sure what would have happened to the shares over the years?
I see a statement in 2008 stating the value of R48,900 (south african).
Any ideas chaps?
My mum's partner died and I am going through his pensions/shares. I have got all of them sorted except for one, which originated in South Africa.
mm02 plc
I think it's part of the BT group, and then o2? But I'm not sure what would have happened to the shares over the years?
I see a statement in 2008 stating the value of R48,900 (south african).
Any ideas chaps?
Soldato
I think it paid out cash on the sale? Telefonica bought them and they have just sold the O2 broadband to Sky. I own both shares but it was cash only afaik, TEF suspended div this year 
He did a tv thing on trading few years back
Amara today went up 33% from yesterdays lows. Would be nice as I took some yesterday but only a little and it has been a disaster otherwise.
Tons of bargains but generally Im waiting for gold bullion to double bounce, I'm told 'it needs repairs' before a rise. Barc was 50p twice before it really rose, was a good buy each time but big turn rounds take time rings true I think
Ive sold all but few shares of BP for now, as I have a tracker also
Seems relevant to thread since it was started April 2009
I presume he means in dollar, sterling down a lot recently so +% even more from our perspective I guess
Amara today went up 33% from yesterdays lows. Would be nice as I took some yesterday but only a little and it has been a disaster otherwise.
Tons of bargains but generally Im waiting for gold bullion to double bounce, I'm told 'it needs repairs' before a rise. Barc was 50p twice before it really rose, was a good buy each time but big turn rounds take time rings true I think
Ive sold all but few shares of BP for now, as I have a tracker also
http://t.co/0xowrpylNz
Seems relevant to thread since it was started April 2009
Soldato
What is regarded as a good place to buy shares, I have never bought shares before (done some online brokering with fake money) and want to give it a go. I saw X-O earlier in this thread, but it doesn't seem to get good reviews from people. Any good places people would recommend?
Soldato
Try unit trusts first, its like a group buy for shares. Today I was selling Tech tracker run by L&G and buying a gold sector fund managed by Investec. There was no dealing charges and its about 1 or 2% cost per year
X-O is fine, I use HL for trusts.
Beowulf seems to have sold 25% of the company for 4m.
I hope they really needed that to find an actual proven asset not just pay the office coffee and biscuits billOil is up, BP up as it should be. Top of a channel, I wonder if it can break upto 500 and basically prove me foolish to sell any
Can someone recommend a utility/video/etc to be able to interpret these stock charts?
Im clueless at the moment but it would be nice to be able to read them and see how a company is doing
Im not looking to invest, im just curious as to how it all works
Im clueless at the moment but it would be nice to be able to read them and see how a company is doing
Im not looking to invest, im just curious as to how it all works
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Can someone recommend a utility/video/etc to be able to interpret these stock charts?
Im clueless at the moment but it would be nice to be able to read them and see how a company is doing
Im not looking to invest, im just curious as to how it all works
Good place to start would be here:
http://www.informedtrades.com
thanks
Soldato
Hi,
I'm looking to open my first shares account and having looked at some comparisons, IWeb look to have good rates.
Anybody else using these?
I'm looking to open my first shares account and having looked at some comparisons, IWeb look to have good rates.
Anybody else using these?
Soldato
Anyone else looking at gold mines?
Theres been some big trades on SHG that appears to be somewhat undervalued thanks to the low gold price. With gold making a recovery* it might well be worth a punt?
Theres been some big trades on SHG that appears to be somewhat undervalued thanks to the low gold price. With gold making a recovery* it might well be worth a punt?
Soldato
Whats their cash cost per ounce. I think its AAZ who say 450 as they sell the copper that is part of the resource also. CEY is 850, not as cheap as I thought
Iweb seems good, its basically Halifax underneath and I believe there is a 25 sign up fee. Also consider costs of forex which might be 1% each way.
How often will you invest, unit trusts are cheapest best way if new
I cant believe this latest rally is so easy, its slightly abnormal not to pull back more but I wont complain
Pennon is liked by Questor. Seems to be on a trend up, target up 720 and next regular low 640 might fit nicely - I concur
Housing is an enigma but signs of a pickup plus the dynamic move online of consumer business helped RMV I guess, not something I foresaw.
It can reverse, housing is helped by gov - its linked to gilts.
CREE is over anticipated unless its apple for lights, dont think so
This is USA and its a 30yr fix rate, once again yankies are spoilt but anyway its shows a rapid change
Why gold is sucking, oil is their cost. '11 spike is the USA debt downgrade
Iweb seems good, its basically Halifax underneath and I believe there is a 25 sign up fee. Also consider costs of forex which might be 1% each way.
How often will you invest, unit trusts are cheapest best way if new
I cant believe this latest rally is so easy, its slightly abnormal not to pull back more but I wont complain
Pennon is liked by Questor. Seems to be on a trend up, target up 720 and next regular low 640 might fit nicely - I concur
Righmove have flew over the last few months. Now 2260, a mate made a bit on them selling at 600p!
Cree have been rising well too. Seems all the stocks I've watched have gone up whereas the ones I buy go down
Housing is an enigma but signs of a pickup plus the dynamic move online of consumer business helped RMV I guess, not something I foresaw.
It can reverse, housing is helped by gov - its linked to gilts.
CREE is over anticipated unless its apple for lights, dont think so
This is USA and its a 30yr fix rate, once again yankies are spoilt but anyway its shows a rapid change
Why gold is sucking, oil is their cost. '11 spike is the USA debt downgrade
Soldato
Hard to find any real costs, anything from 600 to 850.
Put a bit of money of them, not a lot mind but should they come good it will make a nice holiday!
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Can someone recommend a utility/video/etc to be able to interpret these stock charts?
Im clueless at the moment but it would be nice to be able to read them and see how a company is doing
Im not looking to invest, im just curious as to how it all works
time goes on the x axis and price on the y axis
for the strange sounding terms etc.. see https://en.wikipedia.org/wiki/Technical_analysis
Be careful with this as there are various issues with this area(too much to deal with in a single post). A lot of the material in this area isn't particularly sound with various techniques being defined in a fairly subjective way, examples being cherry picked etc... That's not to say that all of it is rubbish or anything but you'll find that a large portion of it is sort of like the finance equivalent of alternative medicine.
Soldato
Is anyone bullish at all about Range Resources and their merger. Why didnt I sell any at 16p
Biggest faller today for me and +70p on Fresnillo which had support at 900p and RRL in theory has support at 2.07p but what with becoming an entirely new share who knows
[Reads similar to old RRL blurb http://somalilandpress.com/somalilandpotential-oil-rush-in-somaliland-43061]
Biggest faller today for me and +70p on Fresnillo which had support at 900p and RRL in theory has support at 2.07p but what with becoming an entirely new share who knows
[Reads similar to old RRL blurb http://somalilandpress.com/somalilandpotential-oil-rush-in-somaliland-43061]
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