Yes I agree that it is likely that the Tories will win the largest number of seats. Many people in England are wary of having a ruling coalition with the SNP in it.
Having said that, if Ed + Sturgeon have more than half the seats, they form the next government. Good news if you are on benefits, bad if you own a mansion, and reeeaaally **** if you are heavily invested in UK stocks.
Creeping back....strange there often seems to be a slight sell off on Fridays. Mare be the traders go long at the beginning of the week and square for the weekend. Still a good chance we see 260 again soon IMO. GL all investors.
Good to hear from you again & thanks for your generosity re 15.06! - IMHO, a number of better posters here with plenty of thought-provoking, cogent views. Top BB overall, esp now a few trolls have given it a rest. But F340 will be missed. Hope he doesn't stay away too long.
The rest I'm sure appreciate it's fine to disagree, as long as avoiding ad hominem. No need for personal stuff on any BB.
FWIW, I may be mistaken staying mostly in cash for a while longer, but I'd decided to do so after selling 2/3rds of my MRW's at profit weeks ago. For me, too much uncertainty likely over next few weeks, with some potentially challenging ramifications for markets. Latter typically hate uncertainty.
Also as we approach May ("sell in May & go away... until St.Ledger's day", rings out one popular adage), markets typically see reduced volumes as more pros leave their desks. That can lead to greater volatility for most stocks. - But that's not gospel & there are seasonal exceptions to this.
I'm confident BARC holders will do well over time from these levels, but before then, anticipating more SP undulation seems realistic, if only for macro-factors. If it does go down further later, historically, recent support here at 242, then 235. If (? - question mark deliberate as I really don't know), those support levels broke, we've longer-term support at circa 220+. If I buy BARC, will announce it here. Also have an eye on HSBC for later. No other banks on my radar.
Likewise wish you & all here all the very best, be it with trades and/or investments! - Sure to catch you later.
His advice to the next generation of leaders is to become expert at your current role before moving on to the next. McFarlane says that the Barclays chairmanship will be his last big job. Investors are clearly excited. The share price has already rallied by 15% since the announcement last September and, judging from experience, the bank can expect dramatic changes. Aimee Don
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