nohpc Posted September 15, 2011 Posted September 15, 2011 About to begin it's next leg up. I like to follow Nadeem Walayat of marketoracle's inflation megatrend theory and have accumulated heavily during the recent downturn (just about breaking even on what I bought today). It will be an extremely bumpy rollercoaster of a ride but this has been a bull market correction in my opinion. Quote
Kurt Barlow Posted September 15, 2011 Posted September 15, 2011 About to begin it's next leg up. I like to follow Nadeem Walayat of marketoracle's inflation megatrend theory and have accumulated heavily during the recent downturn (just about breaking even on what I bought today). It will be an extremely bumpy rollercoaster of a ride but this has been a bull market correction in my opinion. After last months bum raping I piled in heavily and am now about 5% up plus dividends which are flowing in steadily Quote
Butthead Posted September 15, 2011 Posted September 15, 2011 After last months bum raping I piled in heavily and am now about 5% up plus dividends which are flowing in steadily Which stock did you buy last month which has already paid you a dividend? Or have I misunderstood? Quote
newbie Posted September 15, 2011 Posted September 15, 2011 Pumping in liquidity because 'household name' banks would otherwise go bust = great time to get into shares. It's not just investment banking that is a casino, but the whole stock market. Quote
Kurt Barlow Posted September 15, 2011 Posted September 15, 2011 Which stock did you buy last month which has already paid you a dividend? Or have I misunderstood? I have been buying since February but purchased a large bundle last month. At present Expenditure including SD & trade costs £37107 Total value of holding at mid point £38,621 Dividends to date for 2011 £855 I reckon that leaves me about 6.4% up at the end of today Quote
The Masked Tulip Posted September 15, 2011 Posted September 15, 2011 ALBERT EDWARDS ISSUES WARNING: A S&P 500 'KILLER WAVE' Is Forming Read more: http://www.businessinsider.com/killer-wave-formation-sp-500-2011-9#ixzz1Y2RpdDED Quote
Peppa Pig Posted September 15, 2011 Posted September 15, 2011 I have been buying since February but purchased a large bundle last month. At present Expenditure including SD & trade costs £37107 Total value of holding at mid point £38,621 Dividends to date for 2011 £855 I reckon that leaves me about 6.4% up at the end of today it's kinda tacky to use absolute nos. %s please in future. Quote
Self Employed Youth Posted September 15, 2011 Posted September 15, 2011 I'm piling into cleaning my neighbours homes/doing old people favours, heavy lifting etc. (for tea, biscuits, sandwiches, bit o meat and tatty pie, and beer), first class stamps and job application sites. Ladder, aldi value washin up liquid, watter and bucket soon, the recovery is ON! Quote
nohpc Posted September 15, 2011 Author Posted September 15, 2011 I soooooooooooooooo hope he's right. me too. It makes me salivate to think about picking up shares at 40% of todays prices. Of course you will need to ignore the background market panic that will be accompanied by such a drop if you want to make money. Quote
Ash4781 Posted September 15, 2011 Posted September 15, 2011 Fill your boots. Greek banks shares? Quote
plummet expert Posted September 15, 2011 Posted September 15, 2011 About to begin it's next leg up. I like to follow Nadeem Walayat of marketoracle's inflation megatrend theory and have accumulated heavily during the recent downturn (just about breaking even on what I bought today). It will be an extremely bumpy rollercoaster of a ride but this has been a bull market correction in my opinion. He is a clever man, but he could be wrong this time. The argument is about inflation or deflation and in fact there is both. Unless the sovereign debt problems are actually satisfactorily resolved he will be calling a return to a rising stock market too early in my view. It's all on a knife edge and I beleive there is more down time to do yet. The 30's will tell you that and the big second leg down has not yet happened this time - on that basis we are on the shoulders of the head and shoulders pattern, riding for a much steeper fall. Back then it took 20 years to recover (but we'll accept there was a WW11 in there) . Quote
Wahoo Posted September 15, 2011 Posted September 15, 2011 It will only be a bull run because of the next round of printing money. When that stops, shares will slump again. Meanwhile, we all get poorer, because the pound gets trashed. Quote
Self Employed Youth Posted September 15, 2011 Posted September 15, 2011 That helped in the end though in a perverse kind of way didn't it. Only after the war, when the ritualised workforce manned the factories! They had a work ethic bred into them. I'm not sure war is the best way to create a work ethic though. Quote
bmf Posted September 15, 2011 Posted September 15, 2011 It will only be a bull run because of the next round of printing money. When that stops, shares will slump again. Meanwhile, we all get poorer, because the pound gets trashed. In fact it's doing crap over the last month Quote
guitarman001 Posted September 15, 2011 Posted September 15, 2011 Only on HPC can folks state the MASIF gains they're getting with no losses in sight lol. Will I hell plunge into more shares, too risky - from now on trackers only. I see gold's back down now, if it falls below $1700, could be a good time to buy back in. Quote
Self Employed Youth Posted September 15, 2011 Posted September 15, 2011 Only on HPC can folks state the MASIF gains they're getting with no losses in sight lol. Will I hell plunge into more shares, too risky - from now on trackers only. I see gold's back down now, if it falls below $1700, could be a good time to buy back in. Whether £1=100 or not it's always good to get on with your neighbours... Quote
Self Employed Youth Posted September 15, 2011 Posted September 15, 2011 Only on HPC can folks state the MASIF gains they're getting with no losses in sight lol. Will I hell plunge into more shares, too risky - from now on trackers only. I see gold's back down now, if it falls below $1700, could be a good time to buy back in. Whether £1=100 or not it's always good to get on with your neighbours... Quote
guitarman001 Posted September 15, 2011 Posted September 15, 2011 (edited) Just tired of hearing BS about making the right call and getting 200% back on stellar investments (even though they don't need it as they're 25 t/o with an income of £150k+). Really starting to take everything on here with a very large pinch of salt lol.. Edited September 15, 2011 by guitarman001 Quote
newbie Posted September 15, 2011 Posted September 15, 2011 The stock market goes up on news of another proven failure of the free market. We might as well move to the point where central banks/governments simply set share prices by decree. Quote
mirage Posted September 15, 2011 Posted September 15, 2011 He is a clever man, but he could be wrong this time. The argument is about inflation or deflation and in fact there is both. Unless the sovereign debt problems are actually satisfactorily resolved he will be calling a return to a rising stock market too early in my view. It's all on a knife edge and I beleive there is more down time to do yet. The 30's will tell you that and the big second leg down has not yet happened this time - on that basis we are on the shoulders of the head and shoulders pattern, riding for a much steeper fall. Back then it took 20 years to recover (but we'll accept there was a WW11 in there) . His reply to that point is that the market was a lot lower then than now, so the trend either from the '29 peak, or from the '30s bottom, was strongly up. Very useful is you have a 90 year investment horizon. Quote
nohpc Posted September 15, 2011 Author Posted September 15, 2011 Just tired of hearing BS about making the right call and getting 200% back on stellar investments (even though they don't need it as they're 25 t/o with an income of £150k+). Really starting to take everything on here with a very large pinch of salt lol.. I don't know where anybody mentioned achieveing stellar investment returns on this thread. Some of my paper losses are quite stunning at the moment. I buy very few individual shares and prefer ETFs to track sectors/countries. Quote
The Eagle Posted September 15, 2011 Posted September 15, 2011 (edited) I reckon that leaves me about 6.4% up at the end of today So you just about managed to beat inflation by a small margin... ( before taxes...) and of course it's all theoretical until you actually sell. Edited September 15, 2011 by awake_eagle Quote
guitarman001 Posted September 15, 2011 Posted September 15, 2011 It was coming. Amazing losses on my end, too. The stock market goes up on news of another proven failure of the free market. We might as well move to the point where central banks/governments simply set share prices by decree. +1 Quote
Georgia O'Keeffe Posted September 15, 2011 Posted September 15, 2011 (edited) The stock market goes up on news of another proven failure of the free market. We might as well move to the point where central banks/governments simply set share prices by decree. On HPC the market isnt allowed to go up by decree it seems, its about 15% down from a couple of months ago and has gone precisely nowhere the last month+. Its impossible for it to go up or down in a straight line without opposite moves, thats its nature Daily, weekly moves are really just white noise, maybe its wiser to look at the stockmarket as its own entity, it goes where it wants based on interactions of millions of people at any moment in time, the stock market fundamentally drives the news (by creating the mood) rather than the other way round, it moves and we simply then look for a reason or news as to why its done what its done even if that news is actually irrelevant, its a nice crutch to have, Edited September 15, 2011 by Tamara De Lempicka Quote
Charlie The Tramp Returns Posted September 15, 2011 Posted September 15, 2011 Stocks And Shares Bull Market Since the great crash of 1987 I added two new categories, The Pig`s and Vulture`s Market. Quote
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