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Stock market collapse in October

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    Originally posted by sasguru View Post
    Actually Buffett has a controlling interest and runs many of the companies he invests in. He says investing in and owning companies is merely a matter of degree - and he only does it for the long term.
    AtW would approve.
    As to when you cash in - well whenever is convenient for you - retirment perhaps. I suspect Buffett does it for fun.
    Interestingly there has never been a billionaire day trader in the history of the stock market - wonder why that is?
    I **think** there is a quote ascribed to WB. Along the lines of its not the money it's the game.

    Comment


      Originally posted by AlfredJPruffock View Post
      And the data from the US is - very very good.

      Markets are all up - Sterling is up.

      Tough luck chaps - you got it wrong again.

      Predictable really.

      If only you had a decent Tardis ....
      Exactly. Every drop is your chance to buy low and sell high.

      They will never learn.....

      Comment


        'Waterloo of the Bears’

        “The fourth quarter will be the Waterloo of the bears,” said E. William Stone, who oversees $102 billion as chief investment strategist at PNC Wealth Management in Philadelphia. “We are in economic recovery both in the U.S. and globally, so you will eventually see revenue growth because you are seeing the recovery hold.”


        Hmm time to close out those put options I think.
        Last edited by BlasterBates; 29 October 2009, 17:25.
        I'm alright Jack

        Comment


          Originally posted by BlasterBates View Post
          Hmm time to close out those put options I think.
          Doomed.

          HTH
          Knock first as I might be balancing my chakras.

          Comment


            Guys, how difficult is it?? American indices this oil stain that....what are you all like??

            Investing is easy. 2 days before Apple announce their quarterlies buy some stock, 2 hours after the figures are announced sell it.

            Microsoft. Its been so obvious for the last 6 months that W7 will be a money spinner for Gates the Geek. At least 3 upgrades to out perform last week should have told you all you are already too late.

            Even the most quoted three letters on this BB (http://www.google.co.uk/finance?client=ob&q=NYSE:ATW)has moved over 5% just today. Did you see it?? Yes??

            Easy to make 30 grand a year from the obvious, why make things difficult??

            HTH

            PZZ

            Comment


              Whs
              Insanity: repeating the same actions, but expecting different results.
              threadeds website, and here's my blog.

              Comment


                Only a couple more days and lets see if the prediction was right.

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                  Take a look at the FTSE 4hr chart and see how price came up yesterday to test old support that is now resistance. The resistance line just so happens to be under that nice range of triple tops.

                  It gave a nice 40 pips short this morning, which I caught. A very nice birthday present for me

                  Now lets see how "random" things are today, shall we?
                  'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
                  Nick Pickles, director of Big Brother Watch.

                  Comment


                    So who's going to start the November thread?

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                      Originally posted by SantaClaus View Post
                      Take a look at the FTSE 4hr chart and see how price came up yesterday to test old support that is now resistance. The resistance line just so happens to be under that nice range of triple tops.

                      It gave a nice 40 pips short this morning, which I caught. A very nice birthday present for me

                      Now lets see how "random" things are today, shall we?
                      You mutter your incantations like a witch doctor.
                      It gives you the illusion of control.

                      Knowledge of self 0/10
                      Kowledge of stock market 0/10

                      HTH
                      Hard Brexit now!
                      #prayfornodeal

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