Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Chris - I’m copying CW post below:
“Research the US 10 year treasury note bond yields and what it can tell you about state of US markets. You can correlate the price of dollar, WTI oil price and 10 year bond yields to give US direction on day. Always watch US futures for dow, sp500 and Nasdaq in day running up to US open and after as will affect UK markets…remember any negative or positive data coming in before opening or in day can move futures quickly in either direction…hence knowing what coming on the weekly timetable…“
Honestly, this is of no use to you unless you understand the basics first. The purpose of the post is to make CW appear like a sophisticated investor. Yes the UK markets follow the US - everything does, but it’s ‘real time’ and following the us indices for example will not give you a trading advantage, just the ability to understand ‘what just happened’.
Start with the basics.
Chris,
I’ve somehow lost the thread - when you say your wife is telling you off for being naive - is she in the Van with you ?
Anyway - good to hear your deadline for selling might have moved from August to September. I personally think you’ll be able to sell at your average or better by then but don’t quote me, it’s no better than guesswork…
Chris - I will take you at face value.
If you want to learn about investing there are far better resources than these chat boards - honestly.
Buy a basic book about investing - ideally get an academic textbook - a level or degree level depending on where you are starting from. Don’t buy a book about making millions from trading - mostly charlatans.
get a subscription to the FT and read the investing sections cover to cover.
If you want to get together with people don’t post your address here. (That’s advice I’m giving to my 13 year old) Find a local investing group - they exist all over.
Carry on scouring the internet for news from credible sources - you’ve been very good at that.
Chaigh - this is not investing - this is a chat room. Investing is what you’re supposed to discuss when you’re here but most of the time it’s more like a playground - there I go doing more or less the same thing… I’m off for a hiatus
“Give it a rest, I have more money in a LTH in RR then you’ll every amass”
Honestly CW you really are an arrogant know it all, not the first time you boast about your fantastic trading and investing abilities and copy pasting your market view from whatever internet site it is your reading today.
You talk about people posting decent information but spend your time filling the board with boasting and bickering. I’ve had enough, don’t bother responding I won’t read it.
I didn’t call you a liar Mr Haigh I just disagree with your conclusions. It’s allowed.
All of what you list is not particularly significant to the UK economy. Manufacturing is, off the top of my head so not fact, max 15% of UK GDP (depending how you measure it) although very important for exports. Clothing and textiles is tiny. Clothing and textiles manufacturing employs less than 100k. Far more people employed in wholesale, distribution and retail and that is vulnerable to sentiment.
If we all (in aggregate) have less disposable income due to interest rate rises and inflation and then stop spending then it could lead to recession. That’s the theory.
If my wife stops getting her hair done and I stop going to the pub then it’s guaranteed. I was in the pub tonight though so fingers crossed.
POO plummeting today will help if it is sustained.
The RT reference was because you are on record here as being more sympathetic to the Kremlin line than I would expect from British ex forces. You are obviously allowed to be - that’s your prerogative.
I won’t look you up on FB though.
CW - it’s not about the letters any more - he survived a vote of no confidence and they can’t do it again for another 12 months.
The committee could change the rules.
May resigned a few months later but she was a very different character and probably had had enough of what was a completely thankless task - navigating Brexit.
Mr Haigh, the UK economy is predominantly a service based economy and no amount of one man band rucksack makers are going to influence whether we have a recession or not.
Having said that I don’t disagree entirely with the idea that the media and BBC in particular are emphasising the bad news at the moment. Personally I’m scanning the news channels and end up on Al Jazeera more often than not. Might be controversial but I find it more balanced and interesting than the rest (available on free view) and far less obsessed with Westminster.
I presume you, with your ‘Eastern European house and family are lamenting the disappearance of RT ?
Freebee - it’s the current volatile environment that’s conducive to trading - it’s not RR. specifically. There are many other ftse stocks doing exactly the same thing.
If you’re buying today to sell at 85/90 next week then I think you’re on to a good thing and maybe you’ve already done it several times already - good for you, pat on the back.
Klozza, wherever you got those trade stats from they will have originated from the London Stock Exchange trade feed which does NOT give a buy or sell indicator. The various platforms that offer this data in a buy/sell format are guessing based on the trade price and the bid/offer at the time. In volatile markets this guesswork is highly unreliable for various reasons which I can’t be a***d to go through now.
Mr Inky is obviously correct in his assertion: more buys than sells (over time) would move the SP up.
Michaelgough - there is a ‘filter’ button in the ‘message view’ tab -above the messages and just above the blue ‘post message’ button and next to ‘regular’ and ‘premium’ buttons. Hit the button and search for the name of your target and filter.
Makes for a much better experience