Yes I saw it hit 328 and then went to 330.. Took the view it may have hit the bottom.. So based on the .. those who hesitate theory I decided to step in.... With a near 10% drop in the Dow and close to correction territory... I hoped the bottom was close... Nearly sold this morning for a 3.5% gain but have decided to hang on and see what next week brings... Cautious about that Ebola situation... But hopefully a positive rise on the USA markets at 2:30 PM.
Does anybody know the date of RBS next quarterly results date...
A little disappointed I didn't get in yesterday at 329, would be 15p up by now for a quick in and out. Was too cautious though and any time I've bought in in the past, it's continued to drop. Ah well, this is RBS, I'm sure I'll get back in again. Well done to all those who bought in at the bottom yesterday
Good perspective &, IMO, you've realistic targets. A decent interim might take you there soon enough. If not, would still be good to reach your target by 6 months & get out, or reduce, before next May's general election uncertainties.
I'm still reluctant to invest in any banks, bar shorter-term trading, due to a few key uncertainties ahead, not least litigation issues, whose outcomes are unknown. Market hates uncertainty.
Each to their own of course & I'm confident banks will recover fairly well in L/T (I mean beyond recent highs), but timeframe still remains the biggest doubt.
Hi JD That is what I thought. I have had some run ins with posters on this site but it has been banter more than any nastiness. I have got back in on gut feeling which has always been the way I do things. If it goes down before it goes back up I can live with that. If Barclay's goes below £1.75 it will be squeaky bum time. It is a long time since I have been in anything but RBS so a little bit out of my comfort zone. That said, I am happy to hold for 6 months to hopefully see a 25p rise which will give me a very healthy profit and in the meantime it will be nice to get a dividend or two.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.