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(BARC.L) Barclays PLC Buy/Sell

304.38 -4.15 (-1.35%) Down arrow Add to portfolio Set Alert Level 2 Desktop Trader

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Author CCSIceman     View Profile | Add to favourites | Ignore
Date posted 2009-11-04 10:46
Subject Re: FAO Rupert the Angry Bear   View parent message
Votes for this Posting Voted UP 7 times. Not voted down.
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BuyemSellem

One of the ways I currently buy shares is to wait for a day where the market is having a bad day. I then watch the markets and look for a possible turn around point. The shares of some companies fall for no other reason than following the market trend. I then Buy a few shares (I'm talking 10k here) I keep doing this if the market continues to fall. Not necessarily every day. And then when one of the goods days comes along (Like today) I get the returns. I won't necessarily sell today, its all about reaching my target. I have a plan and stick to it, no deviations.
Shares from solid companies at the moment tend to bounce back with the Market. I'm not into risky shares, Although having said that I have put a small amount into a few just to follow a short trend, but I have sold these within the day normally. I'm not in this to risk all my money. I sometimes buy for the dividends.
Its just a way of making a little extra on the side. My long term investments are just that "Long Term"

I know Barc is not typical, neither is the market. I think this year has been a once in a life time opportunity to make silly amounts of money, which is what I have done.

Just wanted to explain one of my many strategies.

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