Member Info for Just_My_Opinions

I'm asking them to ban me, I want no part in this sanitised rubbish. If they ban me, I won't be tempted to come back and debate the idiot leftists here who haven't a clue about reality... and who click report just because they don't agree with what's being said.

AKA Fascists dressed as Liberals.

That's it confirmed... they delete anything remotely right wing whether it's got LLOY in it or not. I'm actually making a request... please ban me :-)

I think you better go to specsavers Nokesa, Stevie Wonder could see what it has to do with the entire market including but not limited to LLOY

Oops wrong board lol

Yeah she's so intelligent, that we all know what's she's doing.

It will hit $100 a barrel again mate. In my life time I'll see $200 a barrel and various wars fought over it. Electric vehicles can't replace oil haha

I don't know how long any potential bounce would last Billy, that would need supernatural powers haha... but all I can say is technically it's starting to look oversold. So it might stabilise now or within a few dollars drop... provided something nasty doesn't come out fundamentally.

sustained*

No idea if it'll be a sustain bounce or not. But technically swing traders will be getting ready to go long, as that's the daily chart that gives the bigger swings.

I know a few of you are holding, or interested in oilers. I'm not calling the bottom yet, but unless there's anymore bad fundamentals, oil could be due a bounce fairly soon.

https://www.tradingview.com/x/G9qKtANc/

"You're on the wrong thread, matey - this is the "everything but LLoyds" forum, sorry!"

What's your opinion on LLOY then?

I bank with HSBC... not sure about other banks. But it came up on my app that I could take a picture of any Cheques I want to pay in and they would process it, without having to have the physical cheque in their hand.

I used this service and it worked well. There's very little need for branches now, even paying in money can be done at a post office. It's old people who haven't adapted to the technological change in the world, they will struggle with this as more and more branches close.

The high street is and will be becoming a sad sight to see... shops closing, bank branches closing... increasingly it's the Bookies, Takeaways, Off licence, restaurants etc that's left.

So basically they're shutting branches and therefore lowering the cost of renting/leasing property, and potentially selling some they might own, and instead they'll employ people to do Web Chat and back office processing online in bigger consolidated offices with lower overall overheads.

Makes sense to me

Opened it on Friday

Although even if Treason May managed to finalise her deal with the EU... it still has to get through parliament. And the ERG are likely to reject it, I hope they do because it's not Brexit she's trying to get agreement on.

It's possible that Brexit is resolved mid November, followed by Trump pulling of a miracle at the end of November. Even with my pessimistic nature... I won't lie... the markets would break previous highs in that scenario.

Craig,

I don't think so mate, no one can control the markets... they're too big. They can try to manipulate them for a while, but if the economic data starts coming through consistently negative, nothing Trump stays will stop then dropping... at least not for long anyway.

I'm not predicting a crash yet by the way... ultimately no one can... but the ingredients seem to be there. But it could all change in an instant if China caves in, I just personally don't think they will for quite a while yet.

Remember the so called deal to avoid a trade war with the EU that was made between Juncker and Trump in July? Not a single tariff has been lifted... so look like it was all talk and no action.

I don't know what will happen. Obviously a deal could be done, but to take a guess at whether or not one could be made I think you need to look at the motivations of China.

1. No elections to worry about.
2. They clear have ambitions to take on America both economically and militarily... even if not through a war, but at least through a show of strength.
3. If they really were that worried about this trade war, they'd have asked for a meeting a lot sooner than the end of the month.

I don't know, maybe it's just my pessimistic nature and I'll be proven wrong... but I don't think a proper deal is going to be made at the end of November. I think it's more likely Trump will continue to try and kick the can along the road by putting positive spin on it... and maybe the Santa rally will happen as a result. But I will be genuinely surprised if a full and comprehensive deal is made to end the trade war at the end of November.

Yeah but unless it's a solid deal, rather than positive speech, as we saw last week... all it takes is for someone in his administration to contradict him and bang the markets sell off again. And reporters will constantly badger members of his administration for more detail, like they did last week.

I recon the markets will keep trading in a range, quite a big range... wild swings up and wild swings down until the outcome of the negotiations in Argentina is known at the end of the month.