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Bulls 6292 Bears 0
Europe Stocks Set for Best Jump Since August; Glencore Rises 19% - Bloomberg Business
This is a walkover.I'm alright JackComment
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As nice as it is to make a few quid (and I made a few today tooOriginally posted by BlasterBates View PostBulls 6292 Bears 0
Europe Stocks Set for Best Jump Since August; Glencore Rises 19% - Bloomberg Business
This is a walkover.
), it isn't over yet. The lows will be re-tested again soon. If anything, the news has only got worse in the last few days, earnings are unlikely to support multiple expansion, and ZIRP/QE is old news/short lived/inadequate (you only have to look at the failure of ECB stimulus). There's been an interesting shift in volatility recently, given the historically low volatility leading up to it, and that's pretty much all it is.
							
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The bears will soon reveal themselves in full force!Originally posted by jamesbrown View PostAs nice as it is to make a few quid (and I made a few today too
), it isn't over yet. The lows will be re-tested again soon. If anything, the news has only got worse in the last few days, earnings are unlikely to support multiple expansion, and ZIRP/QE is old news/short lived/inadequate (you only have to look at the failure of ECB stimulus). There's been an interesting shift in volatility recently, given the historically low volatility leading up to it, and that's pretty much all it is.Comment
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Great. They can start mid-Wednesday which is about when I reckon it's going to peak and I'm going to bin everything.Originally posted by sirja View PostThe bears will soon reveal themselves in full force!What happens in General, stays in General.You know what they say about assumptions!Comment
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Originally posted by MarillionFan View PostGreat. They can start mid-Wednesday which is about when I reckon it's going to peak and I'm going to bin everything.
							
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Looks like I haven't lost my knack of selling at the bottom. This is why I'm LTBH, usually.Originally posted by BlasterBates View PostBulls 6292 Bears 0
Europe Stocks Set for Best Jump Since August; Glencore Rises 19% - Bloomberg Business
This is a walkover.My subconscious is annoying. It's got a mind of its own.Comment
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You can still go back in and make a killing, after all we're still there, or plough it into something else.Originally posted by pjclarke View PostLooks like I haven't lost my knack of selling at the bottom. This is why I'm LTBH, usually.
Alternative investment
Of course both of these may get wiped out.
"He who dares"
							
						Last edited by BlasterBates; 6 October 2015, 12:23.I'm alright JackComment
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Already plonked the cash into BP(*), shares which will probably remain in the portfolio forever. GLEN now at 112, not attractive for a share with no divi and mountainous debt. VW? don't like the downside - some Greenpeace guy on the radio was talking about a corporate manslaughter charge this morning. That won't fly but the inevitable US Class Actions are impossible to put a value on, but the total bill has got to be in the billions.Originally posted by BlasterBates View PostYou can still go back in and make a killing, after all we're still there, or plough it into something else.
Alteranative investment
"He who dares"

(*) Yes, I am a hypocrite.My subconscious is annoying. It's got a mind of its own.Comment
 
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