Member Info for botbot1202

Fordy.

Thanks.

It's being pushed back down now. Oil prices rising rapidly.

Re Cab......honestly, no idea, never heard of them, so cannot share any words of wisdom unfortunately.

Classic Reverse approach.

So the reason for the bigger bounces are the fact that there was MORE Unemployment claims than was predicted.!

So that means that employment is tightening, which means that peoples salaries won't grow as much, which will mean that inflation is being slowed, which means that the Fed won't raise interest rates anymore......

Got the logic.!

You've got to love it.

Economics 101..........everything that previously was deemed negative, is now deemed positive.........

And there you go......

Luckily I didn't sell.!

So rather than a 30p drop, it jumps 20p instead........

You've got to love it.

Bhants.

If the rates stay high for a year plus, then the banks later next year will be making huge profits.

The issue at the moment is that people with 2, 3 and 5 years fixed deals are still paying 0.5% to 2% for their borrowing, but the banks are paying 4.2% ish LIBOR for their borrowing.

So every mortgage on their books is costing them money whilst they are still in the low historic fixed rates.

As time goes by, all those rates expire, and people will take out the higher rates, which with the property rices coming down as well, they will be stuck in a negative position potentially, and pay the 8% variable.....

Therefore making a huge profit for the banks as times go by.

Also...there was this, which directly ties to the sentiment.

>>>>>

Markets lifted by Federal Reserve comments, BoE in focus

European markets are set to open higher after Wall Street took a relaxed view of the latest comments from Federal Reserve chair Jerome Powell.

Speaking after the central bank left interest rates unchanged for a second month, Powell said there are signs that restrictive monetary policy is putting downward pressure on economic activity and inflation.

However, he said it was too soon to start talking about the potential for interest rate cuts.

The 10-year Treasury yield retreated to a two-week low of 4.75% after the meeting, a move that benefited tech stocks as the Nasdaq Composite closed 1.6% higher and the S&P 500 index by 1%.

Wall Street’s performance boosted Asia markets, while CMC Markets expects the FTSE 100 to open 33 points higher at 7375 after adding 21 points by yesterday’s close.

The yield on 10-year gilts also retreated yesterday amid confidence that the Bank of England will leave interest rates unchanged at 5.25% later today.

Bhants.

All sentiment, that's all.

All travel up.

Interesting however that Oil price is also up as well, so we seem to be doing the reverse to normal.

I do believe that this will drop 30p when the US wakes up and then recover but I guess we will have to wait and see.

Will not be selling and trying my luck today with the "trading" though......

We closed at $11.33, the US closed at $11.27

6c drop

4.5p ish drop in the morning like for like.

Ooooooohhhh.

The dreaded 000 table.

it does definitely give an even bigger edge to the house, yes.

Play slots.!

AParky.

Yep 0 / 00 is still 35/1 odds

We did hold, but that's because all travel held..... but noting that all the main indexes are bright green, it's not a good day.

When the indexes are bright red, we will tank.

I'm so full of good news aren't I.!

If you had sold prior to the 11.30am drop, bought at the bottom, and re-sold at 13.40pm before the second drop, and then re-bought again now, you would have made yourselves 54p per share.........

That is an incredible swingy day.

855 a high.........serious swings by the little auto-bots

BeeJay.

It is interesting isn't it.

I never had one single 32 whilst at the table.

27's and 24's were everywhere this time.

Unfortunately as well, I was playing on an American wheel as well, with the double zero & single zero.....which is not ideal either.

Bhants.

Am aware, yes.

Looks like today though it was 11.31am.!

A drop of 2% within 20 seconds, and a recovery back.

Going to be interesting at 1.30, in 10 minutes.!

We closed at $11.30 and currently within after hours, by well over an hour, it's now $11.45.

So 15c up.

or 11p ish UP for the morning............

WOOHOO

BeeJay.

Yep.

I've got $1,500 for the first week on my next cruise in 4 weeks time.

I've decided, I'm going to simple spread the money onto every number, and get $1,400 return for the $1,500 freeplay....and then put the $1,400 in the safe.

The same for the second week...

I need to build my pot back up......!!!!!

Bhants.!

Yep.

Im going to look every day now......and if this continues, from next weeks, I'm just going to sell at 2.20pm, and re-buy at 2.45pm.......

BeeJay.

They kicked my a.r.s.e.

and what made it worse, I wasn't playing.!.... I kept telling myself.

So every night I would give myself a good talking to, the next day, the same thing happened.

I don't need any more cruises, I don't need status, I don't need points.

but.......oh no, I still played.........and lost......

Worked out a new plan for 4 weeks time.......simple..........I'm just not going to put a credit card against my room, which will mean I can't draw any more from the casino.!

Overnight close at $11.41.

5c

3.5p ish

We closed at $11.36, it's currently $11.39

$0.03c or 2.5p ish.

Well.

Came back to see that basically, nothing has changed.

All travel is c.r.a.p. nobody can afford to eat, and all cruise ships and planes are empty.