stock market crash

[Paralytic]

We're all rooting for ya Scooty with Centrica ... only 5% down at the moment, but loads of time for it to recover between now and September (obviously shame you bought at 36 and not the current 33.75 but, I'm sure graph will prove to be spot on)

To be fair to Scooty, at least he put his punt out there, and it is providing some entertainment in these uncertain times. A lot can happy between now and September though and, on a positive note, a couple of people did may more.

Scoots, you like to talk about non-emotional trading. Can you ignore that fact that you've invested and produce and end-of-day chart for Centrica explaining whether its now giving buy or sell signals?

[scooterscot]

Scoots, you like to talk about non-emotional trading. Can you ignore that fact that you've invested and produce and end-of-day chart for Centrica explaining whether its now giving buy or sell signals?

I'm not someone who tries to time the markets. RSI remains low <30 = incredible buying opportunity. The divergence is almost a month old, fantastic.

Given today's price action there's a good lesson here as to why I don't use stop losses. Many would have been stopped out already sitting with less cash than they started, whilst I'm still in the trade.

The price action remains a strong 'buy' signal.

[wantacontract]

well I've cashed out of AA....50% in 3 days. Best ever.....

They say run your gains and cut your losses, but I sold up...

I am thinking it's a dead cat bounce right now....so I've wimped out.

Jet2 is mighty tempting though.......

Tesco was a waste of money, likewise with Disney right now.

[Andy2]

The price action remains a strong 'buy' signal.

good call. I am selling my shares now

[Paralytic]

Given today's price action there's a good lesson here as to why I don't use stop losses. Many would have been stopped out already sitting with less cash than they started, whilst I'm still in the trade.

Really? Do you know anyone who sets a stop loss at 5%?

(checks yahoo finance)

Sorry, 6.46%

The price action remains a strong 'buy' signal.

What would it have to drop to before the buy signal is removed (the point at which you admit you were wrong in your "I'm either right or wrong" statement)? Or will it forever give a buy signal because it did so over the weekend?

[DimPrawn]

Really? Do you know anyone who sets a stop loss at 5%?

(checks yahoo finance)

Sorry, 6.46%





What would it have to drop to before the buy signal is removed (the point at which you admit you were wrong in your "I'm either right or wrong" statement)? Or will it forever give a buy signal because it did so over the weekend?

You are trying to apply some kind of rules and logic to Scooty's random brain farts, good luck with that.

[BlasterBates]

Stocks looking respectable up to 2017 levels.

[Whorty]

Is there any reason Cineworld isn't a buy right now? Seems like a guaranteed way to x3 at least.

I'm dropping 10k in tomorrow. What could possibly go wrong

[cannon999]

I'm dropping 10k in tomorrow. What could possibly go wrong

Cineworld is riddled with bad debt

[cannon999]

well I've cashed out of AA....50% in 3 days. Best ever.....

They say run your gains and cut your losses, but I sold up...

I am thinking it's a dead cat bounce right now....so I've wimped out.

Jet2 is mighty tempting though.......

Tesco was a waste of money, likewise with Disney right now.

I'm in with Jet2 (bought at 250), gonna wait till 1500 before selling lol