Member Info for Bigbadbaz

''I've decided to jump in
Limit order at 261p should see this filled Monday.''---------------------------------------------So you are still out then.

12 trading days in a row with the sp down every day.TF it's the weekend.

''My money, my business!''.Absosutely, but you are posting on a public forum therefore should expect feedback on them.

Yesterday,'' I have sold my SSE/BP/GSK earlier today.'' Today ''but I am back in at 270 as has been posted.'' > Are you for real?

'' I have sold my SSE/BP/GSK earlier today...sod the divs..and put in OCADO which is reaching new highs. If it pulls back, I will only add more.'' I would not have sold any of these 3 to buy Ocado. Each to their own of course.

''whether the market expects BP to cut it's dividend entirely.''' why would they do that?.£45 a barrel can sustain the new divvie. If it dropped to let's say £30 /barrel and stayed there there would be carnage around the world.The majors will survive.

So Char,will you be selling RDS then? You average is well over £20 and it is not coming back so why keep them?.

''See Tesco, Sainsbury's, Vodafone & by, all for this trend. Cut dividend & share price has never recovered. I'm afraid RDS is now in the same boat.'' I am sure you have mentioned this before.

''..Last of the British Empire could wipe my account if it BP submerges forever...'' - - - - - - Calm down, all the majors are in the same boat.BP has said they will be profitable in 2021 at $35/barrel.Sit on your hands and ride it out.

''We are on the cusp my friend, the cusp.'' Aah,the good old cusp.Well I hope you are correct.

''BBB do not be afraid I shall inform and guide you.''Teddy,you sold out of BP and went all in on IAG.Guidance like that I do not need.

''this is a bit like losing a big bet''.Aah,but Costas, you get to race every day with the same bet.Keep the faith laddie, it will turn one day.PS your average is £4? you lucky lucky boy. One sad, big bad bad here.

''I bought another 200 shares trying to average down, wish I had spent the money at the bookies now. Am down 2 p a share already. Does this share ever go up?'', if a drop of 2p bothers you then I think the bookies is the place for you.

''thanks, i usually open google for bp and google for bp adr and look at the prices in currencies at 11.30am us time (uk close), Friday was 292.90 and 23.08, move down to 22.99 equates to 291.76, but in after hours it ended at 23.04 which is 292.39. Theres been no particularly big good or bad news, trump is 2% up in poles though which im guessing is positive.

The other thing that some are mentioning is that there is an upwards wedge which looks like nearing completion on sp500 and a downwards wedge on vix, some think this is imminent correction warning, but I think theres more likely to be more upwards on sp500, its really difficult to read waves, but for weeks ive thought I can see the 5 waves up and 3 down pattern on sp500, the second 5 wave up completed with a blow off top when bp reached 376p, the airlines and cruiselines also spiked then, but wonder if there will be a similar wave 5 up, I suspect this week or so coming may see the end of the wave 3 up at new highs, maybe a percent or two above highs, and maybe a 2% decline into wave 5 up for another month maybe.

my situation is different as im not on margin or at mercy of being chopped up with stop losses but hoping to sell around peak temporarily and buying back maybe 10% plus lower, if theres an extended wave 5 up, bp and shell should be pulled along with the markets. Ill try to look at your video though macd and mas can often be way out for determining price turns''

yer havin' a laff here laddie.what utter ****e

''Can I ask why shall it drop on Monday?'' because a previous poster thought there was a £17 million sell but it was an uncrossing trade and can be ignored.

''295 is the bottom of the wide channel over past months, its top is 383, if theres a pre election/positive virus news blow off top, im guessing this is the best it might reach, this was the recent peak of uk airlines, carnival & bp/shell. The third set of 5 waves up on sp500 may be presently more than half way through wave 3, its difficult to count the waves, but if so, these are long and could be 6 weeks from a 5th wave peak, with a third wave peak perhaps in a week or so. Had thought 295 might well have held this morning as a possible return to the mature 295 to 383 channel range, as airlines/cruiselines were 20% above lows, maybe it will and maybe its a false breakdown, that break out up through the steep downward resistance line last week at 309 was a false breakout so far at least.''
So,it might go up or it might go down and then again it might stay where it is.Thanks for clarifying this.

Good luck to you with your strategy.35 years in the stock market and could never call it day to day.

''everybody who bought this morning will try to sell at cost keeping the pressure down.'' ????? why the he~l would that happen?

''may be having another go at the upwards line again, line is now at 312 on the 4 hourly, has just moved a bit above again, that gradient goes back to the march lows, each time the support line at that angle broke, a new line was formed below it at same angle, makes me wonder if it might even eventually go back to original line at that slope to march lows, is around 330ish now, I think theres still possibility it could get to 320ish but if not and it rolls over first, at least I get 4p per share div.''------------------------------------------------------------------------------------------------------------Not trying to be smart here, but have you ever actually made any difference to your profits by following this stuff?.Reading it makes me dizzy.

''So presumably, as long as we own at some point today we are fine.'' You must own them at the close of play today.