scfc 'Your posts are pretty naive, LTI - look at the constituents of the FTSE 100 (and where the majority of its earnings are made to understand why it has risen so much). '
Don't call me naïve. my whole working life was in 'the city' I just stated that the FTSE was still close to it's all time high. On this occasion I didn't give a reason for it, but if you go through my past posts I have given a reason. So stop insinuating that I do not know the markets.
I posted 'How will the market perform tomorrow when some say that triggering A50 can still be a surprise to the market?' and You 'see a connection between this share price and the (fears behind) the triggering of A50'
You have stated that it is obvious that anyone posting here when referring to the market is in fact referring to Lloyds. So baring that in mind, have you an answer my question above
scfc once again. what on earth are you talking about? The triggering of A50 is a known factor. We ARE leaving the EU.What happens to the Lloyds share price in the future will come down to the profitability going forward. I have not mentioned what I think the economy will look like in the future, because I don't know and neither does anyone else
@ Newchurch:- 'What with all the arguments on here tonight thought Cobo had returned' He isn't talking but he and his army of Spartans are out there shorting the sh*t out of our share! AND he said he will kick us in the bo**ocks on the way down. OMG. Ex div day will be painful - for those with bo**ocks anyway. (lol)
Your posts are pretty naive, LTI - look at the constituents of the FTSE 100 (and where the majority of its earnings are made to understand why it has risen so much). You are correct that the FTSE is near an all time high but Lloyds is still nearly 10% below its level on the eve of the vote. But you then don't see a connection between this share price and the (fears behind) the triggering of A50 and Brexit??? The market may shrug off the triggering and wait until EU negotiations get under way or it may see the reality of what's ahead. None of us know but your posts fail to look at how irrational markets can be and the herd nature that can follow. ATB, Scfc
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