If you overlay the FTSE100 with say the Baltic Dry Index, the bullcrap recovery stands out a mile. It's reasonable to assume the exaggeration is more profound on the DOW. But who on earth takes into account shipping rates....right? sarc on/ ;)
Even for the year Zoros quoted the FTSE is up c 3.5% and Lloyds is down c.10% week 27th January 1014 to today. No disrespect to Zoros, as he is not alone in his thinking, but there is a tendency on these forums for people to only "see what they want to see".....
All results will confirm that Antonio is filling his boots again while we get duck wine. Hope I`m wrong but I to have been here for a while (in after crash but through two R/I ) and have lost faith and confidence in this outfit. Will wait for results like you but will sell up on any spike. Don`t care if it shoots up to £1 after, just want rid. GL for us all, boy do we need it.
bertram - I,ve hung in for years now so used to it . W e hit 86p round about this time last year so we surely must be in a better position than then . Only a few more weeks to results so lets see what pans out .
Good to see this oasis so active today .Re :US, again it is a case of DOW N Don't know what to say to those who got in @ £5 into pension.I believe the pension funds are also rather loaded with BP shares and now they have tumbled ,and are unlikely to see the highs again IMHO. I too had some LLOY shares, bought when price was good, can't remember the exact price but not in big volume.My venture into CFDs and later into Sp Bet has given me some comfort.Some people are averse to margin trading.There are guys on this board who seem to have wealth of experience.Knowing how much to stretch the margin and how to protect capital are crucial. Greed is to be avoided at any cost. Will be watching DOW futures till late. I will be a Buyer below 75p . Forget about £1 for the next, don't know when, Buy sell, buy sell for small profits sounds a reasonable strategy for now until the results IMHO GLA
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