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Shares..is it bad when they all go red

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Old 01 November 2007, 03:31 PM
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lozgti
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Default Shares..is it bad when they all go red

Well nearly all.Thought you normally just saw a few sectors doing badly but evened out by others doing quite well.e.g mining seemed to be cancelling out all the banks having problems with their ginger crunch or whatever

Just seems like a lot of red to me and quite a fair drop overall
FTSE 100 - Money extra
Old 01 November 2007, 03:58 PM
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lestippp
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I only have a small portfolio but it is all red at present. Down 30% all in. I wouldn't worry though as they almost always recover over time. Only problem is if you need to cash in whilst they are losing you money
My main issue is Northern Rock, bought at £2.90, currently £1.70 and looking very bad. I'm just going to sit tight and hope things work out, if they don't, big loss likely
I only invest what I believe I can stand to lose
Old 01 November 2007, 04:05 PM
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Janspeed
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Yesterday the markets seemed a good in the morning and went t1ts up in the afternoon.

Today it does not seem much better, but as it was said above, they generally get better again.
Old 01 November 2007, 04:26 PM
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In answer to your question - it depends.

If you are in for a long term investment then generally no - shares tend to grow over time.

If you are into momentum trading then generally no - momentum trading depends on movement - up or down. Indeed there are traders who love it when it goes red as markets tend to fall three times faster than they rise so they make money faster.
Old 01 November 2007, 05:12 PM
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warrenm2
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depends if you bet up or down I guess!
Old 01 November 2007, 05:13 PM
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RUDDY
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As above! if your using a trading platform hit the short button!
Old 01 November 2007, 05:30 PM
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vindaloo
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Also depends if you're looking to "deposit" or "withdraw".

If you have cash waiting for an opportunity, red can be good.... s'long as it's not NRK.
Old 01 November 2007, 05:39 PM
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RUDDY
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you could also buy in the red, the share price could go up say 3% but still be in the red, and you would have made profit!
so so much to learn about day trading! ignore the colours and start studying those graphs
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