Investments
Jun 15th 2016, 11:51 am
#181
BE Enthusiast
Joined: Feb 2016
Posts: 364
Re: Investments
Same as that, this 5.5% fall in the UK indices in the last week is being entirely blamed on the referendum. Sure it has a bearing, but the global fall in markets and bonds is because the system is yet again in trouble.
Nothing was learned from 2008 and this time it will be a lot worse, i have said for a long time all markets are going down and they are going to go down hard.
The EU referendum campaigns have been so difficult to comprehend.
The remain camp have spent months spreading fear and panic (and in relation to the other thread, have got some big names on board) but the relentless world is going to end, you will lose your job, savings, house, pension bullshit was only going to send people the wrong way.
The leave campaign has done about three eighths of **** all but yet now has a lead in the polls
I will lose a fair bit of money if the leave camp wins, i backed remain heavily. I would actually want the leave vote, but backed against it on the basis that the powers that be need to remain, and referendums are only held if the government are sure they will win.
On that basis, I am starting to think that this ridiculous remain "the world will end" campaign was actually designed to get a leave victory. Then the global financial meltdown that is much bigger than an EU with or without the UK and that will happen anyway can be blamed on us upsetting the applecart and deflect attention from the complete balls up the western governments and central banks have made over the last 20 years
Nothing was learned from 2008 and this time it will be a lot worse, i have said for a long time all markets are going down and they are going to go down hard.
The EU referendum campaigns have been so difficult to comprehend.
The remain camp have spent months spreading fear and panic (and in relation to the other thread, have got some big names on board) but the relentless world is going to end, you will lose your job, savings, house, pension bullshit was only going to send people the wrong way.
The leave campaign has done about three eighths of **** all but yet now has a lead in the polls
I will lose a fair bit of money if the leave camp wins, i backed remain heavily. I would actually want the leave vote, but backed against it on the basis that the powers that be need to remain, and referendums are only held if the government are sure they will win.
On that basis, I am starting to think that this ridiculous remain "the world will end" campaign was actually designed to get a leave victory. Then the global financial meltdown that is much bigger than an EU with or without the UK and that will happen anyway can be blamed on us upsetting the applecart and deflect attention from the complete balls up the western governments and central banks have made over the last 20 years
Jun 15th 2016, 12:02 pm
#182
BE Enthusiast
Joined: Feb 2016
Posts: 364
Re: Investments
Wow, did you see that move Millhouse
Jun 15th 2016, 12:12 pm
#183
Lost in BE Cyberspace
Joined: Aug 2009
Location: Disneyland, Dubai
Posts: 15,887
Re: Investments
Sit tight.... it often happens an hour before the US comes on-line.
In response to your previous post - I've been shorting for about two months - had to fund a margin call due to my belief as well near the peak.
If Brexit happens the markets will be toast. If no Brexit, I think we'll see a rise (partially offset in the UK by the currency strengthening) followed by some pain once people realize the underlying economies are still poor.
In response to your previous post - I've been shorting for about two months - had to fund a margin call due to my belief as well near the peak.
If Brexit happens the markets will be toast. If no Brexit, I think we'll see a rise (partially offset in the UK by the currency strengthening) followed by some pain once people realize the underlying economies are still poor.
Jun 15th 2016, 12:26 pm
#184
BE Enthusiast
Joined: Feb 2016
Posts: 364
Re: Investments
Sit tight.... it often happens an hour before the US comes on-line.
In response to your previous post - I've been shorting for about two months - had to fund a margin call due to my belief as well near the peak.
If Brexit happens the markets will be toast. If no Brexit, I think we'll see a rise (partially offset in the UK by the currency strengthening) followed by some pain once people realize the underlying economies are still poor.
In response to your previous post - I've been shorting for about two months - had to fund a margin call due to my belief as well near the peak.
If Brexit happens the markets will be toast. If no Brexit, I think we'll see a rise (partially offset in the UK by the currency strengthening) followed by some pain once people realize the underlying economies are still poor.
Been doing this a long time, something spooked the US market there for 2 minutes. Minutes of FED meeting come out later. If she even talks about a rate rise Dow will be down 500
Jun 15th 2016, 1:22 pm
#185
Hit 16's
Joined: Mar 2010
Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
Re: Investments
Sit tight.... it often happens an hour before the US comes on-line.
In response to your previous post - I've been shorting for about two months - had to fund a margin call due to my belief as well near the peak.
If Brexit happens the markets will be toast. If no Brexit, I think we'll see a rise (partially offset in the UK by the currency strengthening) followed by some pain once people realize the underlying economies are still poor.
In response to your previous post - I've been shorting for about two months - had to fund a margin call due to my belief as well near the peak.
If Brexit happens the markets will be toast. If no Brexit, I think we'll see a rise (partially offset in the UK by the currency strengthening) followed by some pain once people realize the underlying economies are still poor.
Jun 15th 2016, 2:00 pm
#186
BE Enthusiast
Joined: Feb 2016
Posts: 364
Re: Investments
Yes
I believe all markets will come down 15-20% from where we are now
Of course it depends where you bought in, but if in profit I would be taking it now.
Volume is very low, corporate buy backs which have been keeping the market high are dropping off, I cant see Dow past 18000 or S&P past 2100 which means there is no upside on the FTSE
There is one proviso to this, but its uncharted territory, if the UK does leave and if the US and European indices do fall as expected, then there is a possibility that the UK markets become a safe haven for money that is fleeing the rest of the world markets that are tanking.
I think that is an outside chance and not worth the risk but investment money has to go somewhere, it will come away from falling markets, no return in bonds now so, just maybe, a stand alone UK could be seen as having more upside and less downside than the other options
But all in all, if your shares are in the money, then yes i would be taking that profit now. Bird in the hand and all that
I believe all markets will come down 15-20% from where we are now
Of course it depends where you bought in, but if in profit I would be taking it now.
Volume is very low, corporate buy backs which have been keeping the market high are dropping off, I cant see Dow past 18000 or S&P past 2100 which means there is no upside on the FTSE
There is one proviso to this, but its uncharted territory, if the UK does leave and if the US and European indices do fall as expected, then there is a possibility that the UK markets become a safe haven for money that is fleeing the rest of the world markets that are tanking.
I think that is an outside chance and not worth the risk but investment money has to go somewhere, it will come away from falling markets, no return in bonds now so, just maybe, a stand alone UK could be seen as having more upside and less downside than the other options
But all in all, if your shares are in the money, then yes i would be taking that profit now. Bird in the hand and all that
Jun 15th 2016, 2:59 pm
#187
Hit 16's
Joined: Mar 2010
Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
Re: Investments
Yes
I believe all markets will come down 15-20% from where we are now
Of course it depends where you bought in, but if in profit I would be taking it now.
Volume is very low, corporate buy backs which have been keeping the market high are dropping off, I cant see Dow past 18000 or S&P past 2100 which means there is no upside on the FTSE
There is one proviso to this, but its uncharted territory, if the UK does leave and if the US and European indices do fall as expected, then there is a possibility that the UK markets become a safe haven for money that is fleeing the rest of the world markets that are tanking.
I think that is an outside chance and not worth the risk but investment money has to go somewhere, it will come away from falling markets, no return in bonds now so, just maybe, a stand alone UK could be seen as having more upside and less downside than the other options
But all in all, if your shares are in the money, then yes i would be taking that profit now. Bird in the hand and all that
I believe all markets will come down 15-20% from where we are now
Of course it depends where you bought in, but if in profit I would be taking it now.
Volume is very low, corporate buy backs which have been keeping the market high are dropping off, I cant see Dow past 18000 or S&P past 2100 which means there is no upside on the FTSE
There is one proviso to this, but its uncharted territory, if the UK does leave and if the US and European indices do fall as expected, then there is a possibility that the UK markets become a safe haven for money that is fleeing the rest of the world markets that are tanking.
I think that is an outside chance and not worth the risk but investment money has to go somewhere, it will come away from falling markets, no return in bonds now so, just maybe, a stand alone UK could be seen as having more upside and less downside than the other options
But all in all, if your shares are in the money, then yes i would be taking that profit now. Bird in the hand and all that
Jun 16th 2016, 5:01 am
#188
Account Closed
Thread Starter
Joined: Feb 2011
Posts: 0
Re: Investments
Those who aren't profitable (BP are break even for me at the moment, roughly) I might just leave.
Can always buy back in....the problem is letting go of those Lloyds shares at 30pence.
Jun 16th 2016, 6:26 am
#189
Hit 16's
Joined: Mar 2010
Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
Re: Investments
I'm in this position. Most are profitable, and nicely so (bought in 2008 crash) but wonder whether to take the cash and run.
Those who aren't profitable (BP are break even for me at the moment, roughly) I might just leave.
Can always buy back in....the problem is letting go of those Lloyds shares at 30pence.
Those who aren't profitable (BP are break even for me at the moment, roughly) I might just leave.
Can always buy back in....the problem is letting go of those Lloyds shares at 30pence.
Jun 16th 2016, 6:41 am
#191
BE Enthusiast
Joined: Feb 2016
Posts: 364
Re: Investments
Looking at asia today, FTSE going to be very messy.
3%-4% down day i reckon
3%-4% down day i reckon
Jun 16th 2016, 6:49 am
#192
Lost in BE Cyberspace
Joined: Aug 2009
Location: Disneyland, Dubai
Posts: 15,887
Jun 16th 2016, 7:22 am
#194
Lost in BE Cyberspace
Joined: Aug 2009
Location: Disneyland, Dubai
Posts: 15,887
