200p Posted September 12, 2012 Author Share Posted September 12, 2012 (edited) Week 2 mid week update Pl1 appears to be romping away with this one! Edited September 12, 2012 by MrTReturns Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 13, 2012 Share Posted September 13, 2012 This is like one of those Formula One races that you wait all weekend for and then, in the first 2 minutes, Vettel goes zooming off in the distance leaving everyone else in his dust. Quote Link to comment Share on other sites More sharing options...
200p Posted September 13, 2012 Author Share Posted September 13, 2012 Day 9 Just a heads up, I'll be out on Friday evening, so the update will be much later - probably after 11pm or the next morning. I spoke to some German tourists today. Out of interest, I asked do you back Angela Merkel, and they go "ja,ja". Then I asked if they want the Euro, or go back to the DM, and they said "no way we are going back to the Deutches Mark". The German man then asked do you want to join the Euro? I said, no way, we are keeping the Pound. --- There's a bit of excitement with Sirus minerals [LSE:SXX] that I have been watching (don't hold). There was a little article in this weeks Daily Mail in the canteen. I wonder if the Daily Mail "effect" has a positive effect on stocks more so than the Independent recommendations. The aggro-minerals miner is at 19.25p Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 13, 2012 Share Posted September 13, 2012 I dreamt of anonymously filling the blind dog sat outside our corner shop when I became a millionaire). Wouldn't you get arrested for that? Or is it considered normal in Surrey to fill the dog? Quote Link to comment Share on other sites More sharing options...
200p Posted September 13, 2012 Author Share Posted September 13, 2012 Could be smack down everything Friday - to take short term profits. DES2 might benefit I found out that some pros won't have 100% long portfolios, some are neither net long or net short. Quote Link to comment Share on other sites More sharing options...
200p Posted September 15, 2012 Author Share Posted September 15, 2012 (edited) We reach the half way point, the miners have really powered ahead. Well done to pl1 who managed to time the reversal/pivot point perfectly. Giraffe had a slow start but is comfortably 2nd now. I look at these two charts and the clue was that crescendo of volume (particularly IRON, less so AQP) that had been building, that marked the bottom, although it is not a reliable method to call it. We had no smack down in stocks on Friday in the end. I was still in "defensive" or "risk off" in August. Being 3% up on a midcap stock, in two weeks, I can't grumble. September could really prove to be the time to be long, they call it "dart board stock picking." Feel the power of QE3 or Don't fight the Fed as they say. The S&P500 my global equity indicator and the DOW have made a clear new 2 year high this week. This is quite bullish, or it is low risk to be bullish because you can have a stop just beneath here as the previous resistance level becomes a support level. The trick is to look left on the S&p500 chart - Nearly everyone in the market will be just in profit now and will be likely to hold on for more. Edited September 15, 2012 by MrTReturns Quote Link to comment Share on other sites More sharing options...
200p Posted September 15, 2012 Author Share Posted September 15, 2012 Aim for 30% Compound Annual Growth Rate Power of Compound Interest! Did you know $500 contributed yearly compounded at 25% for 27 yrs = over $1 million ! 29% for 37 yrs. – George Soros 21% for 40 yrs. – Warren Buffett 29% for 18 yrs. – Eddie Lampert 29% for 18 yrs. – Peter Lynch 24% for 13 yrs. – Jim Cramer 15% for 20 yrs. – Benjamin Graham —- The best minds in the world can’t beat a 30% annual return consistently – If you can make 30% a year, every year, you are one of the top investors in the world. Crispin Odey made a 69% annualized return in one year during the crash of 2008 by short selling banks, but that is exceptional. If only big moves happen in the markets every year, the wealth transfers would be greater for the professional traders. Quote Link to comment Share on other sites More sharing options...
200p Posted September 15, 2012 Author Share Posted September 15, 2012 (edited) This has caught my eye BAE Systems at 347p. Huge volume! --- I posted this elsewhere, but I'll stick it here for the record. Can Google predict the market? 15th September 2012 Earlier Fu posted that if you Google-image-search of "shares worthless", you get JJB Sports as a result. If you do the same with "shares cheap" you get Halfords and BAE Systems. I don't hold them but out of interest they are at 259p and 347p respectfully. I didn't get anything with "shares that will make you rich", unfortunately. === Do your own research. Edited September 15, 2012 by MrTReturns Quote Link to comment Share on other sites More sharing options...
200p Posted September 17, 2012 Author Share Posted September 17, 2012 Quote Link to comment Share on other sites More sharing options...
200p Posted September 19, 2012 Author Share Posted September 19, 2012 (edited) ^C'mon this isn't advfn! --- Edit: Oh I see what happened. -- I found out, BAE systems is in some sort of take over speculation. Edited September 19, 2012 by MrTReturns Quote Link to comment Share on other sites More sharing options...
200p Posted September 21, 2012 Author Share Posted September 21, 2012 (edited) Next week is the final week. Gold is out performing the FTSE this month it seems. Edited September 21, 2012 by MrTReturns Quote Link to comment Share on other sites More sharing options...
200p Posted September 24, 2012 Author Share Posted September 24, 2012 Quote Link to comment Share on other sites More sharing options...
200p Posted September 26, 2012 Author Share Posted September 26, 2012 The leaders have dropped back a bit towards the main pack, with two days left for play! Quote Link to comment Share on other sites More sharing options...
200p Posted September 28, 2012 Author Share Posted September 28, 2012 Congratulations to pl1 who wins! Gold in £ denomination had a big surge in the last two days. Quote Link to comment Share on other sites More sharing options...
200p Posted November 8, 2012 Author Share Posted November 8, 2012 (edited) I'll start an annual competition on 1st January 2013 if anyone is interested? Get your entries in! Don't forget the stockchallenge.co.uk annual competition too. Edited November 8, 2012 by MrTReturns Quote Link to comment Share on other sites More sharing options...
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