Member Info for DarrenBuffer

bounce or dip

Iron - yes, you could be right. 10% is a big drop I guess.

Let's see what happens if it drops below 120 - it'll either bounce hard or fizzle down to 117ish....

I think BP results definitely an issue here. surprised shell hasn't dropped...

Maybe a retest of 112/114? I reduced this morning to 25% of original holding as wanted to lock in profit.

Think it's a flip of a coin and could easily go 130 but I think we may have a retest now - if shorters sniff any weakness, they will drive this down quickly.

Happier out than in at the moment, but only just....

let's hope so!

I'm getting ready to add at 75 hopefully....

Dezzer I'm still very much in here - I think it's my third of fourth biggest holding.

got a chunk in sipp at around 230 but a whole load in trading account from 200.

AND a nice sb running from 201 which I ummed and ah-ed over cos was a biggun but am chuffed I put it on.

phantom, that's fine - your decision. but actually sharing your views and thoughts may well be really helpful for others reading.

I know that I have said some sh*t in the past but there are definitely people on here who have listened to something I've said and made good money from it.

Phantom - that's kind of one of the roles of LSE chat no?

No problem Test_Test - glad you caught it in time.

Yes, at 200 it was just buying money, simple as that.

This and PFC have given me some rather nice profits in the last week or so.

a few pence is always worth worrying about researcher!

I sold around £30k's worth in two chunks at 83 and 84 last week. If I buy them back at 75, I've got 10% more shares and when I go to sell those shares at £1.50 that makes a very big difference.

It's not for everyone, I get that, but if you can trade in and out while you're waiting for news, and do it successfully, it makes a big difference.

I'd say it accounts for 15% of my profits each year. If not more.

Buy and hold is great but trading (successfully) is better

I think maybe think about taking half profit now - I'm feeling less confident than I was this morning.

I've taken half off at 123.5 earlier for 20%. Will let the other half ride but think may see a drop coming - I'm not optimistic about BP/RDSB results this week....

Wyndrum - hate to say I told you so! :)

I think we see 74 test here and then bounce back to 83/84.

If I see 75 on the ask I will buy buy buy.

I do think the gap is filled but I think:

1) We may retest 28p in the short term - I'd like to see a double bottom.
2) The 65 initial target, from a purely TA perspective with no news is.... not going to happen.

For transparency I added another £10k on Friday. And will add 20 more if we see 28 again.

I like to hear/offer the contrarian view but not whens its just trolling so.... filtered

stille - still here!

I think this has shown good consolidation around 120-124. I've been reassured by the fact it hasn't really dropped back at all apart from the small dip it did back to 115 to grab some stops.

I think 120 forms the platform for an attempt at 130 this week. I think if 130 breaks, then it's 140 easy.

I still think that this will hit 150 within Feb which represents 45% profit for me as I was lucky enough to get in at 102.

ha!

I've never seen this happen on LSE.... how weird.

how strange!

colonel - that's a very hostile message!

When I said 10k, I mean £10k, not 10k shares. In fact I'm pretty sure I said £10k so you just misread.

Still not a very big chunk, granted. But I did hold £50k in here until recently and will look to build a larger position if I decide to.

I find the talk of balls a bit strange so you're filtered.

apologies for the stupid question but why are you guys so fixated on a take out? do you think that it's an inevitability?

there's nothing concrete around this, right?

RICH3R - I have had a very good 9 months, yes.

I've been doing this for 14 years now and have always made good but not spectacular returns (compared to some) but this last 9 months, while I've not got everything right, I've been lucky and had my best ever trading period by a long way. I was very lucky in that I had, by chance, gone down to about 70% cash before the big covid crash so I was very well placed to take advantage of it.

wish I was holding more than I am...

have to say though.... I think storm's a brewin....

I think soon the markets HAVE to have a correction.