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Hold onto your hats ladies and gentlemen.

Reading price charts which may give you direction in the market using established TA methodology
Dod101
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Re: Hold onto your hats ladies and gentlemen.

#116284

Postby Dod101 » February 7th, 2018, 10:12 am

The FTSE100 is bouncing around a bit this morning as are the individual shares. Some are obviously buying. I am not very interested just as long as my dividends keep rolling in. Tomorrow I have BAT and then on Friday British Land.

Dod

AleisterCrowley
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Re: Hold onto your hats ladies and gentlemen.

#116387

Postby AleisterCrowley » February 7th, 2018, 3:59 pm

I was looking at potential candidates last night but sadly some have recovered a bit :-)
A false dawn perhaps? Who knows...

Dod101
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Re: Hold onto your hats ladies and gentlemen.

#116397

Postby Dod101 » February 7th, 2018, 4:47 pm

I think the soothsayers are right and that we may well see a bit more volatility. Somebody on the radio yesterday was saying that all this is a good sign because it shows that we are finally readjusting to slightly more normal times and that interest rate rises will be coming.

Anyway my shares have mostly recovered well enough although still a bit down. Best just to ignore this and keep a cool head.

Dod

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Re: Hold onto your hats ladies and gentlemen.

#116574

Postby Stonge » February 8th, 2018, 11:36 am

Brexit will destroy confidence in the UK.

Never mind all the nonsense about how much we paid them, and how much they refunded us, it was the association with the EU that enabled us to fool all the world all the time.

After Brexit we will be revealed in all our naked imperfection.

Dod101
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Re: Hold onto your hats ladies and gentlemen.

#116802

Postby Dod101 » February 9th, 2018, 7:57 am

FredBloggs wrote:Well, as I suspected might happen, it's time to buckle up those seat belts again. Time is 13:10 out here and the Nikkei is down around 3%. Time to blow the dust of the shopping list and bag a few more bargains.


See my 116397.

Dod

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Re: Hold onto your hats ladies and gentlemen.

#116811

Postby Quint » February 9th, 2018, 8:49 am

I think the Fed and BoE were too timid on interest rates for too long and we will pay the price.

There was always going to be a hit when the "cheap easy money" got turned off but by waiting longer to do it they have ensured the impact will be magnified.

Yellen may be looked upon kindly by her fan club but she has compounded the problems the new Fed charman will face. He will get the blame when things go belly up.

Carney similar, has he got a single forecast or projection right since he got the job. He very quickly gave up on his "forward guidance". Although in his defence his job is not being made easy by the politics in this country.

I am digging in for the long haul.

Dod101
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Re: Hold onto your hats ladies and gentlemen.

#116814

Postby Dod101 » February 9th, 2018, 8:56 am

I think we could do a lot worse than Carney. He is a steadying calming influence. I know he is not part of Government which is just as well because the Government is all over the place as we all know. It was never going to be easy, either Brexit or unwinding the cheap money experiment.

So just keep calm and carry on.

Dod

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Re: Hold onto your hats ladies and gentlemen.

#116821

Postby Quint » February 9th, 2018, 9:22 am

Dod101 wrote:I think we could do a lot worse than Carney. He is a steadying calming influence. I know he is not part of Government which is just as well because the Government is all over the place as we all know. It was never going to be easy, either Brexit or unwinding the cheap money experiment.

So just keep calm and carry on.

Dod


Dod,

I agree, i doubt anybody would have done much different to Carney and there are or were a couple of bozo's on the MPC that wanted to cut rates further.

It will be interesting to see how things play out when we hit the next recession which i think will be latter half of 2019 or early 2020.

I finish work at the end of Feb, my boss has asked if i want my letter back but i have told him i would much rather sit in the garden and eat grass than continue to work here.

I have 5 years worth of cash and 1 years worth of Rum (although i am considering doubling my holding with my last pay packet) so laying low and keeping calm is the plan of action.

Mark


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