We seem to be developing a small bounce or maybe its a bump - I have always had a sunroof on the Vor Sprung and never had any trouble with them - forgot it with this one and wish I hadn't. X4 has allocated the proceeds of his golden egg sale to BMW - hope we can do as well as he forecasts because the one that I have will have to run for a while yet after spending so much on it over the last two years - but then again if we do as well as X4 predicts maybe I'll buy two - one for the colleen although she says that she has gone off driving. Mr Kings recent comments will have an effect on the markets, but the real mover will be the attempt to buy votes with an artificially manufactured improvement in the property market so that interest rates can rise after the election. Rocal - Bet you don't get as much rain as we do, even on your cold and picturesque moorland which I well remember from the good old days, when I was glad to have a heater and radio in the car when I was "entertaining" a young lady on the longer road home.
Good luck all - we have a few bumps in front of us yet but on the whole I'm not too unhappy.
What they call a New Cherokee over here is known in the States as a Liberty. My son, Danny, has got one. it's a really roomy vehicle. God only knows why they all need a four-wheel drive though in Texas, because that "King of the Hill" episode sums it up completely; the one where the little tiny innocent snowflake floats down like a fairy and lands, sparkling and isolated in the middle of the road. A great big thing like a Silverado comes blazin' up the street with country music blasting out of its windows, runs over the little snowflake, loses it totally and skids through a gas-station causing a Waco-type annihilation event. As Hank says, "Us Texans just don't do snow.." I've had a promotion invite to test-drive the new Jeep, but I'm leaving it until about November when I'm going to change the car. Rocal I know, I know...someone's going to write in now and remind me that this is a FINANCIAL web-page and will I please go somwewhere else.... No. That's what makes this a much nicer site than Rio Tinto; they're all geeky dorks on that site. No one's got a personality. I bet they have the highest percentage of people who keep pushing their specs onto their noses and sucking inward through their cheeks out of any site on LSE.
Rocal, It's just too tricky right now, market conditions have changed and you just dont know what news is around the corner, to attempt ave down with this one. There's even discussion in Irish Times that property situation is improving. In Ireland! Now that seems just about implausible. But it'll affect the market positively. What do you think of the new model Jeep Escape? Our daughter had the Cherokee and I liked driving it, high, dry, powerful, but the whine from the transmission shaft or whatever takes a bit of getting used to. I hired a Volvo Xc60 for a week in Florida earlier this month and loved it - 6 speed auto, good on the gas and 3.2 engine growled lovely!
I was wondering about Alex too. Last I read he'd sold when the ADR was at about nine, just as I did with my wife's portfolio, and now he's bought into Commerzbank. I took my wife's money out of BKIR and put it into RIO just in time to see Rio Tinto dive another couple of quid! So, both Alex and I made the wrong call on that one. If, as Ranger says, there's a huge reversal then I'll definitely, and Alex will probably, be back into either IRE or BKIR.
On the Jeep score, I've owned two Jeep Patriots. One (the second) is the best vehicle I've ever owned, the other (the first) was probably down there among the worst. It had a roof leak that was irremediable. The franchise did over four thousand quids-worth of work on that roof and never managed to cure it. It was entirely the fault of a dodgy sun-roof (not the first time I've had issues with one of those). My advice to anyone now would be: sunroof? If you live in Madeira or Arizona, great. If you live in Devon or on the North York Moors, don't touch one with a perch-pole.
The primary personal difficulty I am experiencieng with this share and the other financials in my portfolio - hsbc and an offshore Brit territory - is the conservative remarks by market makers who reckon that, because of a suppression following the global dirty paper meltdown, we are actually in a long bull run up to the '20's' and higher, on the dow. The much talked-about major pull-back, according to the conservative pundits, shall not arrive. My difficulty therefore - and I suppose it is actually a pleasant once in a life-time difficulty - is that the traditional rules for chartists no longer apply, and am therefore unable to employ the averaging down practice at this time. Principal risk attached to my principal difficulty, is I may short myself if I sell at an assumed high by winding up with a bunch of cash that has lost its value in relation to buying back in. Has anyone heard from Alex J recently?
When the sp hits .54, our bank's ordinary share cap shall be as above. That is 3x todays value. I see this happening over the next two years. However, as you know, I have allocated my bkir holding to my 'next car account' aka Beemer S1 2014 model target acquisition, and I figure at my current holding I shall be able to purchase both the S1 and the Jeep Grand Cherokee (for rural travel) when the sp hits .36 early next year. GLA.
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