@Col1948 donāt know about UK, but this was becoming a problem (might still be) in the US cos each hospital which had a c19 death was given 13k or something? So if someone died from a heart attack and contracted c19, the cause of death would be put down as c19. Justification would be that if c19 wasnt in that person system, he/she most likely could have survived the attack. Statistically speaking.
I believe the strain is getting weaker, less deaths per 1mil, but the spread is on the increase.
Yes I read things like that, also I saw a post from one guy in the US saying there used to be Cancer deaths but since C-19 he hasnāt heard of a one, I know this isnāt really funny but is C-19 the cure for Cancer and other diseases?
As you all know it has certainly had an affect on the world economy, companies closed down peole out of work etc.
General problem is that it is mostly ETF related, so in general when broad market is tanking everything is tanking.
You can buy stock at 20% value compared to ATH and market being near ATH and dropping 5-10% will probably add pressure to the beaten down stock and it will drop even more.
So basically if you remember March, there is no safe heaven, everything tanks. Just gotta stick to your game plan. Some stocks will bounce back quicker then others.
But in the end, we get better deals the more it drops. Just need to be patient.
Iām down about Ā£2700 today from yesterdays value - had to ditch all shares in Porsche as they have been free falling anyway of the last 10 days - think the new increase road tax rates across Europe for high CO2 cars is going to really hurt them.
Iāve cashed in around Ā£10k profit since March by buy / sell every few days, then held a lot thereafter and my portfolio sank - had to write off Ā£8k and then turned it around again to get back to Ā£10.1k cashed so sitting at -Ā£1.6k value as I type - the key thing in this market is take your profits every day (say 4-5%). The 2nd key thing is ā¦wait ā¦you dont have to trade every dayā¦I bought more yesterday - I knew I should have waited, I have bought more today ā¦time will tell if that is a good choice. I think we all need to think of what battered stocks have a good balance sheet - my tip for the next few days is (regretfully) Amazon - I think they are going to have a huge impressive quarterly results - the order online / delivery is just growing every single day. This is emotionally tough everyone, stay focused. Do not buy honey trapsā¦buy beaten up companies that are actually trading right now ie avoid cruise liners etc that are closed.
I agree about online trading, I buy lots on eBay and Amazon, my daughter buys lots online too, especially with the lockdowns, too easy to just type what you are looking for, find a decent price and have it delivered.
Ciaranā¦you wait for a right entry point and they you buyā¦I shouldnāt have bought yesterday (I knew it was a good day to sell Nio for example) but I felt it wasnāt right to buyā¦and I bought even though all that O bought wanst near my buy priceā¦which was now wrong. You donāt have to trade everydayā¦pick your price point and wait for it, I bought more today as they are now at my buy priceā¦time will tell.
Yeah Iām holding no spare funds so I just have to sit this one out.
Itās painful on KEFI spiked to 3p and leaving today at 1.77p
Absolutely nothing wrong with the stock, weāve just had lots of decent news and expecting financials to be signed off in Nov.
I know itāll back towards 3p before the years out but so frustrating after just having the recent buy the rumour, sell the news on earnings, waiting a whole month to recover and back down in one blood day.
Taking the positives itās checked in with the 200 EMA and over sold on 4h. So itās up from here.
All you can do is think well when itās 5p I wonāt care. Roll on another GGP
Iām in the āhappy as Larryā camp. Time to whip out the chequebook and go shopping for some bargains! Think Iāll hold onto some cash for any similar fire sales in the days ahead though