Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Tweakers. So shares aren't doing too well at the mo. All those of us who expected a Santa rally to squeeze in before December 25th have so far been disappointed. We got an early Yuletide splurge, but it wasn't much of a fillip was it?
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Comments
wildrides
Well thats good news ………… cheers Malc ……………. I feel better already after reading that . Well thought out .
Malcolm Stacey
Thanks Riders. There’s too much interest in doing down shares, so that crafty big traders can buy em all back cheap. That’s what this game is all about. Big falls and followed by slow, but much longer rises. A crafty share shunter, like yourself, can still make a loada money out of this little game.
lol
The last sell off was quite predictable and so was this one.The UK gilt funds went up substantially beforehand and you don’t get them and shares going up at the same time,one has to give.If only I had been on the ball-next time perhaps! Also the late David Schwartz pointed out that shares usually rise between the 28th and the 5th;since I read that I have noticed umpteen times that they bottom out around the 17th,exactly as happened in October.Possibly something to do with options expiry just after that (covered warrants too,mostly on the 19th of this month.A hedging tool that everyone should know about).
Malcolm Stacey
Thanks, Lollers. Didn’t know anything about that. so very useful.