Stock markets. How low this time?
05 August 2011, 12:21 PM
#31
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To those people who are holding quite large numbers of various shares, do you have any kind of plan as to what you will do with them? I mean, do you have stops in place where you will exit if they go down too far, or targets in place if they hit a certain price?
It seems to me that a lot of people just buy a big chunk of something with the expectation that "they always go up eventually", but beyond that don't really have a plan.
It seems to me that a lot of people just buy a big chunk of something with the expectation that "they always go up eventually", but beyond that don't really have a plan.
05 August 2011, 12:34 PM
#32
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For those that are interested, S&P500 valued at 13.2 times reported earnings after yesterdays bloodbath, that's the cheapest level since the month the bull market began back in 2009. (Bloomberg)
“We’re very bullish,” Barry Knapp, chief U.S. equity
strategist at Barclays Plc in New York, said in an interview on
Bloomberg Television. “To be clear, we think that the stock
market represents exceptional value. The Treasury market
represents exceptionally rich levels.”
Risk disclaimer, this could still get a lot worse before it gets a bit better!!!
“We’re very bullish,” Barry Knapp, chief U.S. equity
strategist at Barclays Plc in New York, said in an interview on
Bloomberg Television. “To be clear, we think that the stock
market represents exceptional value. The Treasury market
represents exceptionally rich levels.”
Risk disclaimer, this could still get a lot worse before it gets a bit better!!!
05 August 2011, 12:54 PM
#33
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For those that are interested, S&P500 valued at 13.2 times reported earnings after yesterdays bloodbath, that's the cheapest level since the month the bull market began back in 2009. (Bloomberg)
“We’re very bullish,” Barry Knapp, chief U.S. equity
strategist at Barclays Plc in New York, said in an interview on
Bloomberg Television. “To be clear, we think that the stock
market represents exceptional value. The Treasury market
represents exceptionally rich levels.”
Risk disclaimer, this could still get a lot worse before it gets a bit better!!!
“We’re very bullish,” Barry Knapp, chief U.S. equity
strategist at Barclays Plc in New York, said in an interview on
Bloomberg Television. “To be clear, we think that the stock
market represents exceptional value. The Treasury market
represents exceptionally rich levels.”
Risk disclaimer, this could still get a lot worse before it gets a bit better!!!
These guys are always right.
05 August 2011, 04:13 PM
#35
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Gold and silver were down yesterday as traders were having to sell out to free up margin to maintain other areas of their portfolio.
Never seen such a tumultuous day for the markets....at 4pm, intraday swing highs and lows have had a range of 16.5%
....been a very busy day but my brass ***** are pretty worn out, feel like each day this week has taken a year of my life expectancy, perhaps even 2 years today 
Friend of a friend has been in PDX LN and BLVN LN up until yesterday when not only did he lose his years profits, but he lost that of the whole prop desk he is on.
However, irrespective of the massive daily ranges we have seen, i'm starting to see one or two reversal signals in the futures market, while they probably won’t materialise into trade signals they should at least encourage an equilibrium to be found and the resumption of some what more normal trading conditions......we live in hope
Good luck all!
Never seen such a tumultuous day for the markets....at 4pm, intraday swing highs and lows have had a range of 16.5%
....been a very busy day but my brass ***** are pretty worn out, feel like each day this week has taken a year of my life expectancy, perhaps even 2 years today Friend of a friend has been in PDX LN and BLVN LN up until yesterday when not only did he lose his years profits, but he lost that of the whole prop desk he is on.
However, irrespective of the massive daily ranges we have seen, i'm starting to see one or two reversal signals in the futures market, while they probably won’t materialise into trade signals they should at least encourage an equilibrium to be found and the resumption of some what more normal trading conditions......we live in hope
Good luck all!
05 August 2011, 04:55 PM
#36
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