UK Stockmarket 2009 and beyond

A question about : UK Stockmarket 2009 and beyond

Where do we go from here?
Some stocks have had a great run since early March is it time to cash in and wait for the next drop or have we bottomed and its a steady rise from here?
I would like to here from anyone who saw the last recession, late eighties,pan out and how the sectors reacted.
I viewed charts from then,it shows volatility till '92 before a general steady rise although different sectors behaved differently
Any thoughts appreciated

Best answers:

• Tonygee,
  We lived through 80's & 90's crisis.
  Always stayed in work. Bought first property in 91, paid off by 01 when we moved here.
  Charts tell you nothing. You have to follow current affairs and make a judgement. Charts are as much use as tea leaves in many respects, but don't ignore them.
  In depth analysis is easy to understand, difficult to explain.
  You have to DYOR, then DYOR some more. Then it's a judgement call.
  Politicos will always jabber on about "green shoots of recovery" I don't see any for now.
  My call against equities is based on were the profits for dividends are going to come from. Serious forecasts about future unemployment and production are dire. If people ain't producing anything then there is no added value to divy out.
  If equity based products is were your looking at the moment, wait until the closures and unemployment figures begin to reverse.
  We are in our 50's.
  Have fun.
• Timing the market is very difficult. Best bet is be prepared to stay in for the long term and build up a separate cash buffer.
• It will fluctuate.
• Take profits but stay invested somewhere you feel is best for the longterm.
  Technology was a great play coming out the nineties recession Still is but good judgement is required as to which companies when. If every stock starts falling or rising at once you know its not right
• Agree with Purchy. I think we'll be rangebound for quite a few years.
• I anticipated a rally to last till end of April,basically 2months fall followed by a 2 month rise,what I failed to realise is some shares doubling and trebling.Unfortunately I sold some for modest 20% which I should have held.
  Interesting many people mention commodities,they were poor performers during the '90s,didnt take off till 2003+
  Theyve shot up recently but on what basis,they dont offer great dividends,most are struggling for cash and its going to be years before we return to recent global demands,surely recent rises in this sector(and housebuilders)are overdone.
  Ive retained some stock that have good divs and have cash at hand if there is a drop
• Timing the market is difficult for most professionals and almost impossible for individual investors. Just invest in broad market index funds and stay the course. Keeping expense ratios low is more important than wondering what the market will do today. Just stay the course.
  DF
• I was just laying down a free binary bet and put down 602 as the sp500 bottom. I actually think thats wrong but the company would not let people do anything lower, 602 would indicate a lower % drop then the previous low but maybe inflation will kick in and save the nominal low
  On the ftse which would have been a better bet, I would have put 2920 which is much more within range of what could happen between now and october. They wont take bets after hours so I couldnt so its just a set of guesses for this thread
  The idea is if Im wrong then it'll be a bad bet but I'll make the money elsewhere,
  ie. its a hedge and therefore its just my take on negative scenarios for the stockmarkets should this recent high be a top to markets range
• Couldnt resist ELM today,fell 17% a good div if maintained.Update not bad,fall overdone imo
  Anyone aware of any penny mining stocks worth a punt?
• [QUOTE=DiggerUK;20686101]Charts tell you nothing....... but don't ignore them.[QUOTE]
  I cant reconcile those 2 statements
• Are you sure that markets will go down? at the moment they are going slowly up!
• At the moment a lot of shares are soaring,going up TOO fast so its inevitable there will be profittaking/ correction.Im not getting suckered into shares(commodities) that have done well but wait till they retreat(hopefully)