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Today the FOOTSIE has been ROSIE, and NOW the DOW will go BOOM BOOM POW
What is level 2, a type of information package you can purchase on a monthly basis? Sounds intriguing! Also, multi screen setup? Are you full time on the day trade? City Slicker - I am a student also, doing business. Im just at the end of my first year so have plenty more time to get into the day/week trade! Im only 2.5k in at the moment so far off from the big boys, but Im putting more in shortly and want to build up a nice mound by the end of the summer. I wish I had got into the market sooner though and taken advantage of the insane lows some weeks ago. What are you studying if you dont mind me asking?
u hiding in the mist with grizzly?
shes rocketing!
well done! give me some ive just graduated this summer, all my 8k of student loan is in the market at the moment i want to make weekly profits. Im holding for now :-)
yup im still in. Im in at 62.8p you rekon i should sell if it touches 63.4-63.5 and then buy back below 62.8?
MM in my book is market makers or market men. Good luck everyone today. I have to take my eye off the ball now as I have somewhere to go this afternoon. Catch you guys later... qatari1 - Sounds like you have access to level2 data. I'm just running on free level1. To make the really serious money I think I can from this I perhaps should get into level2. Who would you recommend? I hear it can be bought from £20pm ish.
Nope im not going to sell waiting for a week now i can see the big 70 coming! btw what does MM stand for? lol
Cheers. I hope we are winners together next time as well. What do you think about the FTSE being so high today though given the current climate. Surely it can't keep rising as it is in the face of the ridiculous growth turnaround statements in the budget, the US GDP drop, swine pandemic etc etc.
It's all about comfort levels, I'm clearly more risk adverse than you, and perhaps more risk adverse than I should be but you were in at 55.1 and its much more comfortable from there. The downside isn't as bad as the upside from there. Don't forget I had my fingers nearly burnt on this share last week and lets face it I'd still be in a loss situation now if I hadn't followed my gut instinct last Friday. I was right to sell then but wrong to not get back in at 55p when I had that fleeting chance. I feared it would slide to 50p so waited for it to settle. Can't win them all...............
what you rekon of taylor wimpey today? results at 2pm?
i see it hovering around 62.5-63.6 today. Dows looking strong so everything should hold. Tomorrow ftse will rise again and this should hopefully hit 65p+.
Sweet job, gonna stay on this train and order some lunch while Im on board. :D If it drops to 60-61p again I may pop another 1k in but Im not sure it will drop to that at all!
Its gone up too far for my comfort to get in now, but credit to you guys for sticking with it. At 60p it shows it would have been a good punt as qatari1 suggested but I wanted to get in at 56p (58p my max) and that didn't come around. The whole of the FTSE has gone mad today and its nearing the February peaks now c.4300 and given the current climate of swine pandemic etc that seems crazy. I would expect a movement down on the FTSE tomorrow so the trick for you guys is to decide how much the uplift today in FP has been from market sentiment and how much to the Tesco deal. If I'd been in at 55 to 60p like a few of you I would seriously consider getting out today at 64p if it reaches it. You will have made a good profit then and can protect against the retracing (if it happens) or you hold your nerve for 70p plus but being a cautious person I'd take the profits that are on offer today.
cheers qatari its all good, im holding now until next week should see 65p quite quickly.
is hiding in the forest mist
BOOM BOOM POW!
Hey what do you think TW. will do today, they are realsing final results at 2pm? Any advice?
Im in on this at 59.6. Its starting to pay off now. I was gutted at getting out of barclays at 233 but I'll be happy if fp pulls through. Live price is 63.7p at sell Any ideas on target for today? You sound confident that its going to rocket. Would 70p be a target in the next few days or is this wishful thinking? Im very new to share dealing, been in 3 weeks but half already learnt some important lessons and so far am in profit, but no where near as much as I would like. Always the way!
yeh im holding hahaha ive nearly bloody broke even glad i didnt sell :-) What you expecting 2mo if the dow does well? Futures currently 127p up
good news! 62.5p :-) why has this just shot up?
Looks like Standard Life are the only ones actually suffering this morning. The rest have gone up a notch or two. LGEN just hit 56p!!! Aviva nearly £3.10 and Pru getting on for £4. The banks are flying too Lloyds & RBS. Meanwhile FP strolls to 62p???
Morning guys. Looking good. What were standards results?
SL's statement doesn't make good reading this morning. Their sales at least 20% down and in some markets including UK worse still. Canada and Asia growing though. Despite the early gains seen this morning from people setting limits and trades outside market hours, I expect the sector as a whole to fall today now. I'm keeping out at the moment until the dust settles a bit, might miss out an opportunity I know but I think its still a bit too risky and there could be easier gains elsewhere. If FP is flying its economy class, the rest have been going supersonic!
Well it turned out to be a dull day as I suspected from the early trading pattern and we have moved sideways as I predicted but not with anything like the range today I was hoping for. What's really odd is while the rest of the sector has simultaneously risen today to their relative high points for recent months, FP is languishing at a relative low point !!! I think the Tesco deal (yes I now accept its a done deal to all intents and purposes!) is actually the companies lifeline but from what I've read there will be no business resulting from it until the end of the year at the earliest. That means nothing new contributing to the bottom line in this financial year and if the poor Q1 figures are repeated throughout the year the share is going to considerably underperform against market projections and the share price will therefore suffer accordingly. I'm not therefore expecting any fireworks from this share at the moment. If the rest of the sector couldn't lift it today and it had a good news story about Tesco to boot, what is going to make this share rise???