Patrao1, i will trade lloy, but I wont be "Long" or "short" for a long duration as i really dont trust the EU /UK situation. If i would to invest i really dont mind missing out and a few % if the SP gathers momentum , something i dont see happening right now. Consolidation is another big ? .....
Patrao1, with regards to the referendum ...it did not vote to remain. thought it best to be clear on that, however if you check my history you will note that i have stated that i think the EU is the biggest white elephant known to man,
RE: Of course both sides will be saying1 Sep 2020 18:53
""The big question is ...... what will the price be on Friday......?""
lol....hey he'll be topping up well averaging down actually, he's a labour voucher kid, and his had matured this week, can't say the same for him tho....
Patrao1, tbh I think people seen the SP trading in a tight range and thought it had been consolidating and preparing for a breakout to the upside... Barc.l, NWG.l have both got a lot of downside to cover….
with regards to the EU, people are naive to believe "No Deal" will not happen, same arrogance that lost the referendum ...
Patrao1, Sorry to read about your 5% down... everything you covered in your post, most of it is not priced in, bad few sessions coming up and its going to get rough,
One thing you did not mention was a consolidation, and it would have to be around about 20 - 25/1....which would be the final insult to LTH's... good luck....seriously.
..Marshall wace short position, Boris Johnson's comments regarding No Deal looking likely, Mass unemployment researched figures, whatever... No Deal not priced in, mass unemployment comments today in the news not priced in, fully expect short positions to increase.
SP @the open will Gap Down as a result it will trigger stops leading to new lows...
fears as furlough scheme winds down.... Small businesses are warning of "a huge increase in mass unemployment" if the UK's furlough scheme ends in October as planned with no extension.
Craig Beaumont of the Federation of Small Businesses told BBC Radio 4's Today programme that a million small employers had furloughed staff and 23% were considering redundancies in the next three months.
"This is very, very serious. That's a huge section of the economy," he said. "Sixty per cent of those who work in the private sector do so for a small business, so if that happens without any intervention, then that's a huge increase in mass unemployment."
greed, pure and simple. no shareholders would have complained if that shogun wedding had been a success.... bankers, CEO's walked away, without a scratch, rewarded for failure.
"the National Audit Office backed us up, later concluding that “there was a shortfall for the taxpayer of at least £230m” after the 2013 sale."
I stated the tax payer never got a return, which is back up with facts "FactCheck called him out on this at the time, noting that the headline “profit” figure didn’t take account of the cost to government of borrowing the money to bail out the banks in the first place. The National Audit Office backed us up, later concluding that “there was a shortfall for the taxpayer of at least £230m” after the 2013 sale."