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Going into Cash

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4 years 1 month ago #17784 by longterm_view
Replied by longterm_view on topic Going into Cash
It's been a long time. :whistle:

I've been reading Trendfriend, he's always good. :P

I'm watching the shares again, they appear to be holding up well, considering everything going on.

Are we still expecting a wave of selling? Elliots is confusing, :silly:

@Remo, is this an ABC move down, or wave 3, of the first wave, of the bear market?
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4 years 1 month ago #17785 by remo
Replied by remo on topic Going into Cash
I suspect its the first wave .
Bear markets last from around 3-9 months. And its still early.
Loads of shares have corrected over 50% already so depends on what your looking at as well.
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4 years 4 weeks ago #17788 by longterm_view
Replied by longterm_view on topic Going into Cash
Perhaps we should put a list of favourite shares?

Last time I did this, I ended up moving house, then didn't have any funds, still doing up the house. :woohoo:

Was looking at: Shell at £9, BHP at £10, Pru at £8, Easyjet £5 etc.

I've had a go at Elliots.
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4 years 4 weeks ago - 4 years 4 weeks ago #17789 by remo
Replied by remo on topic Going into Cash
Apple, Blink Charging, BP,,Carnival, Fisker, Ford Motor Company, Lloyd bank, Microsoft, Moderna,National Grid,Netflick, Nvidia,Power house energy,Quantum scape, Rivian,Solid power, Wizz air, BT ,Borgwarner,Blucora,smith and nephew
Just a few
Last edit: 4 years 4 weeks ago by remo.
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4 years 4 weeks ago #17790 by longterm_view
Replied by longterm_view on topic Going into Cash
Wow, that's some list. :cheer:

I'll have a look into some of the names I don't know.

Some I'm already looking at, Wizz is a good one. ;)

A lot seem to be electric car related. You must be expecting a surge in the prices. :whistle:

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4 years 4 weeks ago #17791 by remo
Replied by remo on topic Going into Cash
Yep , I’m big into electric cars.
But I wont be buying any more shares currently as things look real bad out there and things could get really ugly soon.
Bear market has not been confirmed yet its just my thinking so there is a lot further to drop in that Sense.
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