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Trading - anyone play the market?


Glasgow_Saint
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Now I know nothing about ecconomics, but isn't it an extremely risky time to be starting this?

 

Not going crazy - bought £1,000 worth of shares (Mainly M&S, Tesco and Barclays)

 

Some may say risky, i would say now is the best time to do it. Shares are as low as ever - its a punt of course but i dont see shares going any lower.

 

Take Barclays as an example - 12 months ago shares were valued at £8, i bought at £1.95

 

Its a gamble, but its fun and less risky (IMO) than the horses, casino or fruit machines

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I thought trading on bank shares was suspended at the moment? As one day shares can shoot up and the next down, and due to certain banks being on the edge of the knife, it was obvious who would be more affected by this £50b injection?

 

If I had a spare few £££'s i'd certainly give it a go. Once the recession has ended, you know those shares will rise again so IMO its a good bet, as you say, a lot better than the fruitys!

 

Especially shares in M&S. Once confidence in the economy resumes (especially if base rate falls to 3% next year) people will be spending a lot more money than current, and places like M&S will prosper.

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I've been messing about trading on indices over the last couple of weeks, whilst watching Bloomberg in the evenings. Mainly the dow jones and s&p. I think I'm a couple hundred up overall, but tbh, it's mostly luck.

 

Indices also fluctuate lots - which is good for quick trading in the evening.

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Buy Pork Bellies,they are on the up.

 

 

Okay, pork belly prices have been dropping all morning, which means that everybody is waiting for it to hit rock bottom, so they can buy low. Which means that the people who own the pork belly contracts are saying, "Hey, we're losing all our damn money, and Christmas is around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain't gonna f... my wife ain't gonna make love to me if I got no money!" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now, I can feel it.

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Buy Lloyds TSB. Sound bank with good profitability. Currently £1.52, will be 50% higher in six months and back up towards £4 in around 2-3 years, quicker if they ditch the HBOS deal. Also British Airways although they will be affected by loss of business class passengers due to recession they will benefit from cheaper oil - currently priced at 2x earnings (historically on about 10x earnings).

 

All IMO. WARNING: Shares may go up as well as down repeatedly.

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Okay, pork belly prices have been dropping all morning, which means that everybody is waiting for it to hit rock bottom, so they can buy low. Which means that the people who own the pork belly contracts are saying, "Hey, we're losing all our damn money, and Christmas is around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain't gonna f... my wife ain't gonna make love to me if I got no money!" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now, I can feel it.

 

It aint cool being no jive turkey, so close to thanksgiving.

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