Member Info for JohnLewis79

Picking up...well off lows 117 offers taken back to the 120's by close.

Damm mob...12P off the sp since Fridays close. Thats a nr 10% fall ---- well overdone imo and I'm back in for a few.

12P off the sp since Fridays close. Th

The 'catastrophic' fall suggested by some turns out to be a reasonable 185 loss or c.2.5% as Dow futures see a much better opening in New York this afternoon and cheered by falls in Asia bouncing off lows.

112 bid taken!!

Ftse c.7070 at open will set the tone for the day. Dow futures have pulled back from another 1000 fall --- called 500 off at open. Bottom feeders will come in after initial retrace.....I think.

That was the day that was eh? A thousand plus points wiped off as the machines indiscriminately sold off everything. Dealers reported little panic among pis who now stare at the Dow 8.5% off highs and near correction territory. Prices rose too high & too quickly and these volatile manic markets look set to cont in the short-term. For the Dow to be in crash territory it would have to be a fall of c.20% off high.....so 21300 on the Dow. With the global economy in good health a snap back could happen anytime especially if the Fed eases back on rate rises. No reason for Idea to go lower but if pis are scared off by the recent plunge in world mrkts the stock will fall helped along by the Barrow boys. Might be another opportunity to pick up some cheapos.

Hit my target of 120....in the loss column 7000 got out a 118 for small vols of c.217k on the day. Not surprised given another ftse bashing today now near 5% down ytd. Not many want to stick their knecks out with blood all over the place. Heads down and fingers crossed, hope this blows over by the wk/end. The Dow hit a low of -356 pulled back to -56 on way better PMI nos but soon dived again as sellers snatched small gains into the turnaround. In these manic conditions it's every man for himself. I'll await the Dows close before committing funds here as wing & a prayer investing is not for me.

Dow futures anywhere between 250-300+ so very volatile and how long the merry go round lasts is the big question. If the Dow sees no buyers this could cont for the next few sessions as world mrkts follow Mr Jones lead.

A few jittery sellers take the offer to 122 even the Dow has perked up now c.105 drop at kick off. Happy to see this sub 120.

Here we go again 150k at 123.5 & 50k at 123.1 lates....Grrrrr! !

Better than expected so far (-76). Dow lower by c.185 atm. Idea u/c.

Will start off on the wrong foot after the Dow tanked 666 and Asia duly followed big brother into minus territory. Falls of 1.5-2.0% was seen across the region. The ftse has some catching up to do and is expected to open down 100 with the Dow -200. This week will be a tester for mrkts, is this just froth being blown off or the start of a correction or worse? The new guy at the Fed will have to tread warily! The Barrow boys will try and spook loose holders so 120 could be on the radar.

Any confirmation of the direction of markets will be supplied by Asia. Assuming no independence of thought the herd and follow my leader instinct will see falls across the board. The ftse already in a down channel will need no encouragement to open lower. Whether a moment in time or the start of a correction remains to be seen. A correction is c.10 % which would take the All Share back to c.3700 last seen in 2015. However as London has been nowhere near as bullish as Trumps New York falls could be in 2-5%. As ever much will depend on where the Dow futures see N.Y on Monday. My guess a small rise then more falls. The Dow has shed 1100 points in 5 sessions or c.4% so perhaps another 1500 is on the cards taking the Dow back to 24000 last seen just 3 months ago. Triggers /circuit breakers will be set off if a general panic sets in. Trading will then stop for 15 mins for reflection. This can take place after a 7% fall then c.15% and a 20% fall would see the market close for the day. The NYSE has closed many times blizzards, rail strikes, world wars, Sept 11 but i cannot remember one caused by a crash. In '87 N.Y closed for an hour or so i think, so to close for a day would be an extreme measure. In London if a panic sets in the liquid 100 will take the brunt of selling and then filter downwards. As far as Idea if a panic sets in could see the gains ytd disappear or worse. I don't see that happening but i didnt see the '87 crash happening either. Rates, inflation & bond yields will be the key to keeping the 9 year bull full of energy.

The number of the beast raised his ugly head yesterday and knocked 666 off the Dow. Surely just a long overdue correction after a stunning start to the 'Donalds' presidency. I guess prompted by worries over int rate rises, a new Chairman of the Fed so as good a time as any to bank some cash and take an overdue break. Normal service will be resumed but their might be another bout of selling as in % terms it was c.2.5 and Asian mrkts are yet to react too the Dows fall. Let's hope the merry go round is a short one. Thank goodness it ain't Oct!

More than happy with 123.5/124.8 what with the carnage in the wider market. Specific to us the 350 tech posted a near 8% fall ytd and Aim shed 9 but still 9 pts up on year. The Dow is being hammered (-389) as dealers and investor flee for safer havens. Looks like an overdue correction imo so best watch and wait on the sidelines. Ftse has been a very poor performer in light of bouyant world mrkts showing a loss of 245 pts ytd (3%).

It's the 'I wouldn't want to be holding these over the wk/end'....Friday. So expect a quite no movement day.

All Aim steady today, the only index showing a ytd gain methinks and Idea trading in a narrow band of c.123.4 bid 123.7 offer. Vols & bargains lower today not helped by rumblings among the big boys and falls across the mrkt. Away from my pecuniary obsession Idea staff raised £18.6k towards 'Action for vulnerable Children' across the UK. Great effort guys and gals!

A pause for breath after a 5 yard sprint never did me any harm..

Well let me tell you P-optimist my holding is nowhere near yours! Your holding a chunk of money in Idea so I'm sure you know what your doing. I hope it's not your only stock although Buffet in the beginning bought very few stocks adding more to the ones he loved I'm certainly not about to give you any advice as I tell my mates I wouldnt give myself any! My bofp calc estimate for y/e was 135-145 done back in Dec using about 4 diff metrics erring on the conservative side. FCaps 120 is out of the water already. Unless evidence to the contrary appears I'm sticking with those nos until the H/Y (results to end April).... £10m+? which should give an ROE exceeding 35%....very very good.