Member Info for creature

Opened a short at 169.16 - might be a bit early

hmmm...........perhaps now at 168.5, but could reach 172 ?

30th Dec 'House price growth lowest for a year, says Nationwide' http://www.bbc.co.uk/news/business-30630655

Dec 23rd 'Gloom for George Osborne after mortgage approvals fall for fifth straight month' http://www.standard.co.uk/business/business-news/gloom-for-george-osborne-after-mortgage-approvals-fall-for-fifth-straight-month-9942086.html Dec 23rd 'UK house prices: Mortgage approvals tumble 20% in November' http://www.ibtimes.co.uk/uk-house-prices-mortgage-approvals-tumble-20-november-1480745

22nd Dec ‘London property demand down 28%’ http://www.financialreporter.co.uk/finance-news/london-property-demand-down-28.html 22nd Dec ‘London property market suffers demand slump’ http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2387945/london-property-market-suffers-demand-slump

Gone short at 160.43 - I'm due to get it wrong at some point ! Generally the news seems to be bad on housing though http://www.theguardian.com/money/2014/dec/22/london-house-prices-fall-november

sain@vision.........come over to the dark side : )

Perhaps I had better close that Short, don't want to be too greedy, and just spotted this : ------------17th Dec : 'Russian economic meltdown sparks wave of panic buying London homes' http://www.telegraph.co.uk/finance/economics/11299644/Russian-economic-meltdown-sparks-wave-of-panic-buying-London-homes.html

new short at 162.87 - couldn't resist. Russian ruble situation may add to London top-end property issues imv

Good timing on the short ------------------------ Yes, thank you, I closed that one this morning. Will probably try another one tomorrow if we get back to 166.

Shorted @ 166 due to recent news, general election next year etc etc - Wish me luck. http://www.itv.com/news/london/update/2014-12-15/have-house-prices-in-your-borough-gone-down/

What a waste - and what about those trades yesterday - RIP

Any thoughts on the relatively large trades?

"Only cash outflow causing the market capitalisation to fall. " --------- and CEO 'outflow' ?

148p then ? Christmas.......General Election.......Mansion Tax...........Rate Rise Only going one way in 2015 IMO

Looks like sellers are just increasing their asking prices............. ------ 'Sellers recognised that propsective buyers would have more money to play with as they bid for properties' http://www.telegraph.co.uk/finance/personalfinance/houseprices/11278288/The-home-owners-cashing-in-on-stamp-duty-reforms.html

oh dear ?

FT, 8th Dec 'UK central bank might be thinking of raising rates before next autumn — earlier than markets expect.' Times, 8th Dec 'Middle classes are facing ‘catastrophe’ of rate rise' http://www.thetimes.co.uk/tto/news/ Reuters, 8th Dec Analysis - UK rate rise in 2015 to test high-debt households http://uk.reuters.com/article/2014/12/08/uk-britain-debt-boe-analysis-idUKKBN0JM00D20141208

'Stamp duty change could trigger 'utter collapse' in the £1m-£2m London market' http://www.telegraph.co.uk/finance/personalfinance/houseprices/11272919/Stamp-duty-change-could-trigger-utter-collapse-in-the-1m-2m-London-market.html

"They mainly feed on chained properties which are more likely to feel the pinch " ----------- Interesting, yep I see chains could break down. FOXT are advertising around 1,400 properties above the £925k mark where buyers are worse off, and around 6,400 below £925k where buyers are better off. So around 18% of FOXT properties appear to get clobbered imv