Member Info for Gioviano55020

All dropping faster now that news is sinking in.
America blows off someone's head and then everyone says to Iran, "calm down, don't retaliate"
I was hoping things wouldn't get worse but that was naive.
So, unless Trump is going to apologise? not sure what will calm this down quickly?
Yes, I suppose airlines might go down further over next few days, Haven't got a huge amount in, but ties up some useful money. Saw Tullow. On a 1.2% FTSE fall day, nothing is going to do well. ..and it's only 9.30.
Had a late night, should have been up earlier to decide strategy.

Yes, oil will be focus, so see how it goes?
IAG down because of that. (Derrr, wasn't that an obvious sell on Friday afternoon)
...as if things weren't going to escalate!
Ocado hanging in there at moment.

Yes, end of the month hopefully see some kind of rise before results.
Definitely Day trading difficult, I saw that article too!...but when you see what spread there is every day, it feels like someone else is making all the money. Depends how much you risk, but yes, with Ocado the stamp duty on big trades is hard to make up. I'm hoping they've got further to go as a company and days of 350 was well before there was any overseas interest in them. They have gone a bit quiet, but then, they often drop some big news and everyone gets excited again. There might be better things to buy, you could be right... Let me know!

Hi T, It seems like you know Tullow's situation well, so maybe just keep a small amount in?

Writing the pros and cons is a good idea... what's the best and worst case scenario. (with Ocado for me..current best case 1360 and above, worst 1040?). Even with the worst, I still think I would keep them because of their future ahead.
Otherwise keep some cash ready for another bargain?...when some company has problems that are likely to be sorted and obviously not terminal, that's perfect.
I wasn't factoring military action into this year! ...that would be disaster.
Ocado seems "relatively" stable at this price. If it survives collateral damage from the other supermarkets next week, I'm hoping for a decent run up to results. If they can just get over 13, we'll be onto something.

I can't see them being too bad. My ears picked up at last results when they said they were hiring more developers. That seemed a lot more exciting than hearing about cost cutting or something.

I'll try and trade the smaller amount of IAG I have. Let's see...they are vulnerable to global any upsets and I am in at about current price of 625, not sure I am expecting more than another 30-40p out of them.

Another interesting week next week.

I've often made a choice between two, normally IAG and Ocado based on which one I think is going up and or/ the safer option for going down and thought I'd picked the wrong one at end of the day. HOWEVER it has mostly turned out OK in the end over a few months.
Can only go on your gut instinct and knowledge at hand.
We've all got our budgets, so have to make a choice, only Trump can predict the future. Don't you think he tells people the day before he's going to cause a sh**storm so they can sell stocks.
I'm surprised myself that Ocado rebounded quite so much, but maybe we've moved on from the low 1200 era now.
Bonds could be having an influence and until we get close to Feb, will be waiting for news.

I'm not sure of the exact story...why are Tullow 60p not £2? The good think about Ocado is they they do seem to rebound even if the drop to 11. We've got rid of most of the negative comments about them being a waste of money and if they carry on doing innovative things who knows where they will be in 1-2 years. Seems like a long way away, but could be good.

I ditched Versarien a few months ago after waiting for what seemed forever for them. All the initial buzz seems to have died and just "hoping" for news was getting boring. They still haven's improved so I was glad. I lost some money but gained 70% back with dividends from buying IAG, so that was fortunate.
It think it is hard to concentrate on a few shares. Why not just one or two? if you know them well, but that's not the advice you read in books though.
I've read Warren Buffet and the books bamboozle you with all kinds of theories of investing, when essentially he bought well known boring stuff like Coca Cola when they were cheap.
It's that easy!!!!!...ha, ha

been out in the shed!
...to be fair I quite like Sky business with Ian King, quite informative...it's just Murdoch I don't like.
I'm surprised to see back at 1255, but I suppose world war 3 hasn't quite broken out yet
so , an obvious reaction to the news today and a good buying day?
These are the days I should be waiting for. I do keep telling myself, then forgetting...maybe it's Alzeimers?
Basically Ocado sort of ran out of steam getting to 13, not quite enough confidence yet.
You're right about my trading, when I first started in 98, I used to call up HL and was happy with a £200 profit, it was much more difficult, with no real time graphs or info, I just used to look over the Evening Standard the night before and try and get a feel for what thing were worth!
One very good tip, like you've said, is being willing to lose a bit in order to gain, otherwise you are locked in to a waiting game.
Thanks T

Are you a subscriber to Bloomberg? or just look at headlines? I wondered about the FT digital subscription, I keep meaning to do a trial. I do need to break up my holdings into smaller chunks. Otherwise it can be a long wait to make some money. All of a sudden 13 seems further away, but creeping back a few p now 1246.
Well FTSE only down 0.35, but IAG down 2.4%
This afternoon will be interesting. Is killing someones top general something Iran will "get over"

Yes, depends what they think...is it a positive for them?
So easy, to order a drone strike from your arm chair after your Christmas hols...then what?
...still falling
Maybe I will have to start accepting small losses like you say, in order to be flexible.

Ocado will be into 1230s soon

Good move, my loss would be bigger so was reluctant, but you are right everything going down further and no doubt this afternoon.
It had to happen. A quiet period before Xmas, and a lot of talk of record stock highs. I'm not sure why I don't take my own advice?
Trump boxed into a corner and needing a way out...so, go on the offensive

Thanks Trump, a-hole

Well, you didn't know Trump was going to do that! I also should have sold a few days ago with a small profit. I kept thinking he was going to shake things up in some form during Jan/Feb.

Very annoying

Hopefully those 3 results next week are OK , but I keep seeing a lot of prosecco still piled up.
I would avoid the Tullow chat page, looks depressing and reminiscent of pages I've seen before when the rampers have gone into hiding.
1260 is a reasonable price, you picked the sell very well today, only up 4p from the other day at that point, so that was a gamble...was that gut feeling? I suppose you have to go with the flow and not fight the market?
I thought they might be back to 1290 if FTSE up.
Ocado, yet again shouldn't really be lumped in with those other 4, but will be influenced by them. Ocado results have generally been positive and if coupled with a new project...who knows.
You can't really believe the growth of Greggs. They stumbled into selling a vegan sausage roll 2 years after everyone else and then "stage" a queue for their vegan steak bake and you'd think they had revolutionised the food industry.

yes, probably broken.
Brexit deal is about a secure as Boris Johnson's fly.
Will have to see, Jan/ Feb can be volatile. It SHOULD be 700, but don't know if it WILL be.
If we get to 665, there's a better chance.
Good luck

talk about unloved today!

Good call. bird in the hand. I haven't really got feeling will move up much today

Yes, if you've got a smaller trading pot, a good idea. Still confident of 13in not too distant, but today interest seems very limited despite FTSE. Maybe other things for people to buy. Hard to predict.
Maybe action will be later today?

Ocdo slightly moved with market open then died, not that positive. I find it hard to read the direction, in order to trade these, unless there is a big obvious rise
I suppose if any supermarkets come out with bad Christmas news, it won't be too good. fingers crossed.

Hope Tullow drops for you

Hopefully up, here today?
Did I see good news for Tullow, did you already know this?
"In corporate news, Tullow Oil said its Carapa-1 exploration well offshore Guyana had discovered oil, although lower than pre-drilling estimates."

The company said preliminary results of drilling, wireline logging, pressure testing and sampling of reservoir fluid indicate the discovery of oil in Upper Cretaceous-age sandstone reservoirs.

No, got distracted!..after all that, was busy calculating CGT from last year, got offered 1295 and thought they were staying up there, then next thing they were 1275 again...

I even forgot they were closing at 12.30

Got to be more focused next year. No excuses. It was a gift today and then they were sold off before packing up time for NYE parties!

Good luck for next year T,