Member Info for JohnLewis79

As Teacher gets yet another brush off from EU I do wish she would stop saying she's delivering the 'Brexit people voted for' Not me Missus! I voted to leave the EU lock stock and barrel and to make matters worse she could still be leading the country in 2022. The only glimmer of hope is for the Eurozone collapsing and countries line up to follow us out of the chains of Brussels.

Dow fell 496 (24101) on Friday and into correction territory (10% off recent high (26828). Global growth worries and weak data saw stocks tumble over the day wk and month. The Dow off 5% on month, ytd (-2.5%). Similar falls for the 500, down 5% on month & 3% ytd while Nsdq lost 5% mnth but 0.11% up ytd. In London Brexit & trade pulled indices lower the 100 off 32 (6845) on Friday the 250 fell 152 (17667) & All lost 20 (3733). Mnth the 100 is down 2% and ytd 11% the 250 off 5% and 15%, All lost 3% & ytd off 12%. In Asia big falls on China data pulled all mrkts lower on the wk, month & ytd. The Nikkei now 6% down ytd, HK 13% and SH 22%. The nos: Oil $60.30 ytd (-9%). Gold $1242 ytd (-5%) £$ 1.258 ytd (-7%) £€ 1.113 ytd u/c. Coin $3210 ytd (-77%). $Y 6.907. Vix 21.6. MSCI 468 ytd (-9%). 350 OG 8596 ytd (-5%). G off 17p on wk ytd +58% Gkp down 12p & ytd (+64%). DNO down 5% on wk and ytd (+49%). Morning all.

Well done for ACTING & not DILLYDALLING which has been a specilaity of mine in the past and G has cost me more than I can afford to lose. I hope you got out even-steven and your right settling taxes etc is absolute priority no 1. You dont want HMRC on your case! I hope you find the larder more palatable than the kitchen!

Poor old Teach she does like flogging a dead deal....along with her Europhile best mate spread sheet Phil...a "wins a win" accept when it's a referendum of course. I'm trying to find a reason to cont supporting the Tories, I shall stoop exceedingly low as the other lot will surely bring further humiliations if not bankruptcy to Britain. However badly handled this Euro business has been we surely do not deserve Corbo and his pro- Marxist mates.

Your right boyo im not a fan of squiggly line analysis mostly as i dont unferstand the theory outside of an ascending line..good a descending line...bad. It's much more complicated than that I know. So for me to base a buy/sell decision on 'squigglies' makes little sense....however to make a buy/sell decision on balance sheet nos etc..also makes little sense as evidenced here. Hence the conundrum. I suppose you may as well be advised to throw darts at the city pages of the FT and buy the stock the dart hits. It's been done before and they beat the All Share returns. Kinda makes sense.

Nothing of note to report from London a little profit taking after Thrsdays gains, the ftse off 3 (6877) & the 250 fell 170 (17819). Similarly in NY the Dow gained 23, Nsdq off 28 the 500 u/c in lacklustre trading as yesterdays trade fuelled rally petered out. All the action is in the Far East where news of China production growth (5.4%) the slowest in 2 years and retail sales up 8% was the weakest since 2003. The ongoing spat between China & US accelerates the deterioration in exports particularly in Japan where risk sentiment has cooled markedly. TK is down 442, HK 455 (techs and casinos fall) & SH off 23. London and NY are set for poor opening to end wk 50. The nos: Oil $ 60.95. Gold $ 1244. £$ 1.262. £€ 1.111. Coin $ 3257. Vix 20.6. MSCI 475. 350 OG 8608. FF -62 & DF -200. I will wrap the wk up then off for a break. Morning all.

I'm taking a sabbatical from tomorrow for the foreseeable. Having given my liver a well earned rest i fully intend to revert to my dissolute ways over X & the NY. I hope you do the same. Cheers!

Teach comes back from S'borgh waving a piece of paper..."ive done it...the backstop has been abolished...im staying on." Garlands will be strewn down Downing St, the miserable Brexiteers on their knees begging forgiveness "oh Lord we knew not what we were doing" a cowering Boris whimped, "forgive me Teach you have my full support" " "Bojo ffs get orrrrff your backside you w***er and take a tip from Teacher & buy Genel"

FFS....TV is now dragging up Churchills speech from the '40s on a United Europe which he was in support of.....but between France & Germany. Not the UK!

Mr Jones up 150..£$ up to $1.26 happy days....oops G lower, no change there.

Despite valiant efforts from boyo it's still a random walk as far as i'm concerned. There is no way i can envisage buying xyz stock on squiggly lines...not that boyo stipulites that. A guide, I can see but for a lth you cannot forever be looking at those lines.... to press you into a purchase...imo. If you cannot read a balance sheet and the outside influences relevant to your sector....well stick with Crockfords its a lot more fun.

Best re wind to zero and start again ffs!

Makes you wonder if there is any point to this share buying malarkey? At least when you back a nag you can see if the bloody jockey is trying!

Oils clobbered in early dealings while OP up a touch & ftse heading lower after 6908...

Remember Maggie? Never lost an election had a 100 seat majority yet was shafted by the Tory grandees who told her 'to do' one. Here's Teach, never won an election outright, misled the Party, kept in power by the DUP and only sustained by the lack of a suitable candidate to replace her, though the obvious choice of the 'Shires' Boris, is unloved by the MP remainers and might not make the final two. Voting for the status quo never won fair maiden or F all.

DNO would never by G shares, too cheap, we make too much money and we have no deep sea fishing rights!

So far the Tories gave bungled Brexit, bungled the dismissal of Teach, bunkered hopes of winning next election........., p*** up in a brewery anyone?

DNO is 'sticking' to its 152 a share offer saying " it's a rare opportunity for holders to exit the illiquid Aim Co". Faroe management rebuffed DNOs offer as cheap & opportunistic. Their recent asset swap deal with Equinor (Statoil) will boost production and allow it to return cash to holders and dividends down the road.

Teach duly won the vote by 200 to 117 securing 63% of the total vote. She is now immune to any further challenges from the rowdy form 4 boys. As she will not lead the Tories into the next election (2022) makes me wonder why she did not stand down following her win. Further talks with Barnier etc seem pointless, better to let a new PM have a go as she's a dead lady walking and waiting.

It was all about the 'no confidence vote but the books pricing in an easy May victory (1/3) calmed mrkts and the 100 opened up 35 in early deals. Sterling initially fell below $1.250 but improved throughout the session boosting the likes of RR up 20 on F/Y nos better than expected to be. Superdry tanked 50% on poor outlook and lower revs shares fell 219 to 354. Dixon's fell on P/Tax losses of £440m (impairments) shares closed down 9 at 141. Big oils were flat. A strong start on the Street and a likely May win set London fair for the afternoon and the 100 closed up 73 at (6880) just 20 off session high. The 250 added 335 (17988) & sterling put on 2c to $1.27. S/caps and Aim better 20 & 3. US shares off days high of 450 nevertheless had a good day on trade talks likely to be positive sooner than later, Huwaei CFO out on bail and techs reviving outperforming staples like Utilities and & consumer stocks. The 30 closed up 157 (24527) the 500 added 14 (2651) & Nsdq put on 66 snapping a recent losing streak for a 3 straight gain to (7098) but well off session high of 7200. Far Eastern mrkts are having a good day across boards and region led by China up 34 on news that Beijing would be more open to access by foreign companies boosted stocks & sentiment helped by trade and Huwaei. In Japan the Nikkei is up 228 near close on local plays and factors while HSBC added 1.5% boosting the Hang Seng 240. The nos: Oil $ 60.46. Gold $1250. £$1.262. £€ 1.111. Coin $ 3356. Vix 21. MSCI 476. FF -5. DF +100. 350 OG 8640 (+32). Morning all.