Member Info for Just_My_Opinions

Think I might have deleted you in error lol

NK, facebook :-)

No PPI exposure, No investment bank exposure, No commercial property exposure "at all". All business areas growing well. Oversold in my opinion.

I've bought. Stand ready to cut my losses if i'm wrong. But for now the technicals are favourable.

OS, Give me your email and I'll send the links later when I get the time. (Busy today)... I won't be using my main personal email. I have an extra email address for occasions like this. (no offence mate, don't know you) :-) Still not strong buying signal on Virgin Money yet. Even when I go long it's no guarantee of a rise, just more probable. If the technicals suddenly turn after I'm long. I won't hesitate to close on a loss and wait for the real uptrend to be confirmed. But for balance this doesn't happen very often.

And commodities futures to keep an eye on what might be moving the miners. They're not the be all and end though, loads of stuff affect the miners. http://uk.investing.com/commodities/real-time-futures

Live US dollar http://uk.investing.com/quotes/us-dollar-index-streaming-chart

Live British Pound http://uk.investing.com/currencies/gbp-usd

This link is perfect to see where the markets are likely headed. These are the futures of the main indices for the major economies of the world... http://uk.investing.com/indices/indices-futures

I use these economic calendars to see what economic data is being released, or what central banker is speaking etc etc Through experience I know which ones will move the market the most, I tie this up with current events and try to work out the way the market will move as well as use technical analysis to plan entry and exit points. http://uk.investing.com/economic-calendar/ https://www.dailyfx.com/calendar

hour, day, week, month on google... hourly is often the best for finding the most recent reasons for the market dropping or particular sectors etc

OldSchool, I use google mainly to find the market moving news, and I use the search function that allows the isolation of news to a day, week or month, that gets me the most recent news affecting the markets by using keywords in relation to the share, sector, country or whatever. If a share or sector rises or falls substantially I find the reason first. Right now the main reason the mainly UK focused banks are getting hammered so hard is simple... I'll get straight to the point... Standard life, Aviva, Henderson, Canada life, Columbia Threadneedle and M&G Investments have all closed their property funds now meaning people can't get their money out. Last time this happened was 2008. They did this as so many investors wanted their money fearing a property crash. This means a lot of commercial property needs to be sold in order to pay the investors. When this enters the market the supply goes up and with the fear and hence less investing from businesses the demand goes down. Net result could be falling commercial property prices meaning higher provisions from banks for potential impairments. The banks with the biggest exposure are RBS with 66% of their overall income and Lloyds with 46% of their overall income exposed. Their loan to value ratios are pretty good though. But the smaller challenger banks have the worst loan to value ratios, and they being hit even harder. The good news is the market doesn't appear to have noticed the Virgin Money has exactly "ZERO" exposure to commercial property lending. The bad news is, the market may be pricing in the same drop in prices happening to residential property which Virgin Money is very much involved in. That remains to be seen... although there are already signs of London property prices taking a hit, this will need to be monitored closely. Right now I still don't see a buy signal on the technicals, so I won't be buying until I see it.

There's a good chance I won't be long until there's a big opening... and even than I will wait until I see how it moves. Right now it's still in a down trend on the technicals regardless of the current small bounce.

for me. Like I said, I won't call the extreme bottom. I'm looking for an uptrend to be confirmed before I go long on this stock. Small bounces are not confirming this for me. I will post my entry immediately after buying. Might not be today, in fact I suspect it won't be. But not 100% on that.

Juggling* lol

Excuse the typos, jugging about 13 tabs a the moment, various charts, forums, futures etc etc Typing fast.

In fact the little bounce seems to be short lived anyway haha

Oldschool, I've been burned on AIM often enough in the early day to know, that almost always no matter how good it looks it rarely every is. I won't touch an AIM stock no matter what tip or how good it looks, even if it means missing a multi bagger. Plus if I'm honest I don't the patience to sit on AIM stocks waiting for a big rise. I mainly trade FTSE 100, with the occasional 250. Despite the intraday rise on Virgin Money right now... I'm still not buying it. I will attempt to join what looks like a confirmed uptrend rather than get the bottom. Trying to bottom fish isn't worth risking a false breakout.

Oh and by the way, my entry won't be smack bang on the floor either. It will be after the next uptrend is confirmed. But no sign things changing yet.

Slippery, Also the broker targets should be disregarded just now mate. I'll be surprised if they don't start downgrading shortly. They will give their target based on a time frame... if they don't see the price reaching anywhere near their current target in that time frame they will lower their target. At least that appears to be how they work having watched them for years.