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-   -   Swiss stocks plunge over 4% (https://www.englishforum.ch/swiss-politics-news/122775-swiss-stocks-plunge-over-4-a.html)

The Local 19.08.2011 09:58

Swiss stocks accelerated their fall in morning trade, with the index plunging over four percent to below 5,000 points.

Read the full article: Swiss stocks plunge over 4%

spalebärg 19.08.2011 10:56

Re: Swiss stocks plunge over 4%
 
Right now (11 am) they have recovered a good portion of that loss.

adrianlondon 19.08.2011 11:09

Re: Swiss stocks plunge over 4%
 
PLUNGE! 4%! We're all going to die!!!!

mirfield 19.08.2011 11:10

Re: Swiss stocks plunge over 4%
 
I feel a little sea sick.

marton 19.08.2011 11:12

Re: Swiss stocks plunge over 4%
 
Quote:

Originally Posted by mirfield (Post 1307024)
I feel a little sea sick.

Sold all my equities in April 2010 at a reasonable profit - decided I did not have the strong enough stomach to watch the roller coaster that I foresaw.
At first I thought I had made a mistake as things continued to rise but now the current price is well below what I had sold at.

amogles 19.08.2011 11:15

Re: Swiss stocks plunge over 4%
 
and they're still higher than they were at the lowest point last week.

19.08.2011 11:18

Re: Swiss stocks plunge over 4%
 
Reported for spam

Corbets 19.08.2011 11:51

Re: Swiss stocks plunge over 4%
 
Quote:

Originally Posted by porsch1909 (Post 1307032)
Reported for spam

Looks like someone else followed my red-blobbing initiative as well. ;)

fatmanfilms 19.08.2011 12:04

Re: Swiss stocks plunge over 4%
 
Quote:

Originally Posted by marton (Post 1307026)
Sold all my equities in April 2010 at a reasonable profit - decided I did not have the strong enough stomach to watch the roller coaster that I foresaw.
At first I thought I had made a mistake as things continued to rise but now the current price is well below what I had sold at.

You need a strong stomach to hold equities, however you can profit from other peoples pain. I like a sell off's as it shakes out the sellers & I can buy for less. It's just a matter of how you handle emotions.

marton 19.08.2011 13:41

Re: Swiss stocks plunge over 4%
 
Quote:

Originally Posted by fatmanfilms (Post 1307123)
You need a strong stomach to hold equities, however you can profit from other peoples pain. I like a sell off's as it shakes out the sellers & I can buy for less. It's just a matter of how you handle emotions.

When I have a good feeling that equities have reached good value levels I will come back in.

I also sold all equities in 2008 & came back in on lower prices in 2009. I did OK but I should have waited longer before I came back; bought ever more in 2009 as the prices decline continued so the average purchase price was actually not bad at the end.

fatmanfilms 19.08.2011 16:08

Re: Swiss stocks plunge over 4%
 
Quote:

Originally Posted by marton (Post 1307301)
When I have a good feeling that equities have reached good value levels I will come back in.

I also sold all equities in 2008 & came back in on lower prices in 2009. I did OK but I should have waited longer before I came back; bought ever more in 2009 as the prices decline continued so the average purchase price was actually not bad at the end.

You will never buy at the bottom in any case, I always aim to sell before the top any stock I don't want to hold for ever.
I did have 1 trade that got cancelled during the chaos of the Flash Crash, had it gone through I would have cleared $ 40,000,000. I sold 400 shares @$100,000 the going rate was about 33! Such is life but it's why I enjoy volatility.

Phil_MCR 19.08.2011 16:14

Re: Swiss stocks plunge over 4%
 
Quote:

Originally Posted by fatmanfilms (Post 1307571)
You will never buy at the bottom in any case, I always aim to sell before the top any stock I don't want to hold for ever.
I did have 1 trade that got cancelled during the chaos of the Flash Crash, had it gone through I would have cleared $ 40,000,000. I sold 400 shares @$100,000 the going rate was about 33! Such is life but it's why I enjoy volatility.

got to be more fun than winning the euromillions :P

fatmanfilms 19.08.2011 16:29

Re: Swiss stocks plunge over 4%
 
Quote:

Originally Posted by Phil_MCR (Post 1307586)
got to be more fun than winning the euromillions :P

Proctor & Gamble along with several hundred other stocks were trading for 1c. I just logged on after dinner & made some trades!

fatmanfilms 19.08.2011 16:39

Re: Swiss stocks plunge over 4%
 
Quote:

Originally Posted by The Local (Post 1306970)
Swiss stocks accelerated their fall in morning trade, with the index plunging over four percent to below 5,000 points.

Read the full article: Swiss stocks plunge over 4%

Well they have recovered about 3% of the loss, The US indexes's are up, I just love the fun of it all!

19.08.2011 16:44

Re: Swiss stocks plunge over 4%
 
The Local's an absolute gem down the Rappi, as soon as he gets online he turns into a troll. Red rep on its way.


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