Day Trading & Forex Forum

Pound foolish

Does anyone have any tips for 2009?

I will start the ball rolling:

Vedanta. Buy at below 500 sell at 750. they will probably bounce between the tow all year.

Centrica: look good to go to 330 or above over next year. (270 today)

Premier Foods: More risky but people gotta eat and they are cheap at under 30 at the moment.

Look at Oil shares as Oil prioce increases with OPEC decreases in production maybe.

My2 cents!

tomorton

Stockpicking is a risky business in a bear market, when only 5% (of the surviving members) of the All-Share have made gains over 12mths and 31% have halved in value or worse. I will be awaiting the end of the bear market before being a shareholder again. At that point, I still might only be range trading.

Masquerade

I'll go for some very speculative plays.

For very high risk, low cost and potential big returns: Max Petroleum (MXP) Central China Goldfields (GGG)

Another speculative play, slightly less risky though: Partygaming (PRTY) - The US mess is getting cleaned up and if Obama pulls a few strings it could see Party re-enter the US market and that will do big things for the price.

If we're doing US stuff i'll add long: GM/Ford, short starbucks.

I think i'll stick to FX for now, but i'd probably be trying to call a bottom and take on some highly speculative stuff if I was investing in stocks.

MrGecko

McDonalds
Johnson and Johnson
Proctor and Gamble
BP
Shell
Coca Cola

In this envoronment I want stocks that are likely to maintain revenue's

Atilla

Tesco
Hammerson
Lloyds TSB
Barclays
Glaxo

Looking to add Electricity / Gas / Water utilities too. Still pondering on those. Centrica does look good.

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Who moved my cheese?

Mr. Charts

short retail
long funeral directors

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Mr. Charts
Full time US Share Trader

To see just one of the ways I trade for a living:

http://www.trade2win.com/boards/us-s...g-markets.html

shadowninja

Sod it. Buy Toad. People need car alarms as chavs break into cars more to get more stuff to sell. And we all know Clifford are ****.

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The markets can stay solvent longer than you can stay irrational.


Check out my blog if you're new to trading or skip the advice and obtain fame and riches beyond your wildest dreams the easy way but you might end up a bit like this.

timsk

Atkins (WS) Plc
Ticker: ATK
I can not recommend this company highly enough. Within the support services sector, they are the absolute bees knees and I encourage everyone to buy as much Atkins stock as they can possibly afford. The reason for this fantastic red hot share tip is that the CEO is married to my cousin and they are hosting a New Year's eve dinner party tonight that Mrs. timsk and I will be attending. We expect to be served fine food and wine and, therefore, it's only fair that I should plug his company.

Tim.

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Great traders and great comedians share a common skill that underpins their success: they're both experts at TIMING.