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Are the MMs deliberately holding this back this morning?
Good news - suspension of trade hostilities between US and China, Bad news - Brexit vote to come.
£12k is still a solid sum so good call. Have a good weekend too :-)
Could have been £16k profit if I held out for a few more hours.....but I'm never greedy. £12k in 24 hours was pretty exceptional......enough for a few virtual beers :) Have a good weekend
Wow well played there on Flybe FTSE12!! Sounds good, not sure what a virtual beer tastes like ;-)
Elise - took my £30k Sophos investment out last week to have a quick 24 hour trade on Flybe ( bit of a risk but made £12k profit in 24 hours. I don't normally take those kind of big risks).
Put my original £30k back into Sophos again on Monday....so up a few quid since Monday. I'm staying in Sophos for at least the next month. Sophos is trading well at the moment and I'd suggest this will continue over the next few weeks.
We'll buy each other drinks if the SP trend continues :)
FTSE12 yes true. I'm £20k in so a reasonable stake. How about you?
Elise - considering the way the overall market is today, Sophos is holding up very well.
I see this as a positive sign moving into next week. Do you have much invested here?
Cheers FTSE12, sounds like a good call to me.
I understand a 365ish finish today would be another 5% rise since last Friday's close. Onwards and upwards to £4 in December.
Elise - yes, dip is not just confined to Sophos today. Investors are just holding off until Monday (after the G20).
Overall buying volumes are very low today across the FTSE 100 / 250. May be a good day to pick up a bargain somewhere.
Cheers FTSE12 and hope you're right. I'm guessing the dip today is due to the FTSE being down and end of week profit takers.
Elsie - I don't see any impact whatsoever.....it's a bit like the Brexit noise.....one day panic in the UK markets, next day it's back to normal.
What are people's thoughts on where this is heading given the G20 summit this weekend and unlikely favourable outcome?
Opened at 370p so the 384p resistance point doesn't look far away now
A blue but disappointing finish, but still wants to go up.
Small but steady daily increases in the SP...remains under the day traders radar so there should not be any dramatic spikes in the SP.....no reason for this trend not to continue.
Already 5% up this week, and Dow due to open higher so hopefully another good finish.
Strong finish today even though FTSE and DOW not great
Thanks for your thoughts guys, Trend
Totally agree FTSE12
The SP is still making the small but stable daily gains. Can't see any reason why this won't continue.
I can't see the SP dropping.....it's on an upward trend and the gradual daily increases bode well.
No reason for this not to hit the £3.80 - £4 range within the next 2 weeks.
Amran - your prediction was right about £3.60. I still believe we're way off where we should be!
You raise a very important point Amran. How high will the MMs allow this to rise before they put the brakes on sending it back down and essentially inflicting upon us a new trading range. I would like to believe we will get past £4 before they do this but who knows?
I'm sticking with it, but still reckon a couple of weeks before £4