Member Info for Lotech

WM. I have played Monopoly and won, so I know about real money. When you own Park Lane and Mayfair, what are a few billion dollars between friends. No problem.

If I had several tens of billions of dollars, would, or would it not, be a very smart thing to buy £sterling, hold until the dollar flops and then buy back many more dollars than I had in the first place. There is something odd going on that I cannot understand. The S&P 500 is holding up, for the moment. But PMs are creeping up, for the moment The ratio of the USD/£ has started to improve, for the moment. So what am I missing. No comments from my children please

WM. Darkest hour before the dawn ? 1. if you have the watch on board ship, it is a nightmare as the watch crew almost need matches under the eyelids to stay awake. At 4 am, even strong black coffee did not work for me. 2. In hospitals, IMPE, 3 - 4 am was the busiest time of night for tying off, stopping up and then trundling them down to the mortuary. Lakshmi does not need any of that, bright young thing that she is. Rather a graceful descent from the stagecoach to the grand entrance to LaksTowers, fond farewell to her beau and then back to the boudoir to prepare for another challenging day at the abacus or the candlesticks. or not....!

Lakshmi. I tried my hand a CFDs a while back but I guess I am too stubborn and mentally argued against the obvious change of trend that was happening in front of my own eyes. Having wasted quite a bit of good money, I am now starting to recover by at least trying to buy low and sell high, with a few risky punts on the side. Not that I have any serious concerns about putting more into the stocks I previously mentioned as I think there is enough potential to a least get my money back, if not trebling it (or more). The assets they all allude too actually exist, and anyone but anyone trying to raise money for projects in Africa is hit with a substantial built in safety margin to start with.. IMO, every Aim share with an Africa investment should come with a health warning taken twice a day. This will not be easy, this will not be easy................. but it is possible. MYN is a totally unknown to me but the association with NCT is interesting in itself, if true, as some brokers rated that share very well about 18 months ago. The cup formation seems a distinct possibility and my gut feeling is that if Bonks thinks there is any mileage in it, he will invest first before adding his contribution to such debate as there is. I doubt he will want to lose out like he did in another successful projection that was ramped enthusiastically elsewhere before he was ready. IMPO. However, if he does choose to comment, I shall take serious note of his observations. ATB

Thanks Lakshmi, all is well here. All is tickety boo so far, as a little bit of blue on the p/f goes a long way to keeping me happy. I got out of a couple standstills at a small profit and bought some more Prem, Xtr and Vast with an eye to to their upward progress before long. Have you made any recovery plays since the weekend. You sounded a bit down at one point. Best..

How many days for the handle to complete and then pivot ? 3 or 4 ? Could be interesting this one !!!

Lakshmi. Calm down. You have nothing to prove. Goodnight and God bless.

Lakshmi. Good Afternoon to you. General Booth once referred to plight of another with the memorable words:"there, but for the Grace of God, go I". Loneliness is not selective at day or night.

Ok. Thought you might need some company. I got up for a loo break and an early morning cuppa. Yes, I know, a contradiction in terms but the old mind was also ticking over. How do you cope with the boredom ?

Lang.. You can't sleep or on night shift ?

Thanks B99. I rather hoped you would come to my rescue. Incidentally, displaying 6 PRoReal charts (3 x 2) onto a large 4K tv screen is rather fun, if you have not tried it already. Bon Weekend...

Lakshmi. What is this you are saying ? W/M will be getting excited. Next thing you will be saying 'norstar' and all those other Welsh words. I probably spelt that wrong too. However viz (Latin?) the Au and Ag prices, according to the charts, magic mushrooms and the stars being in in the right sector of whatever, you may see a more positive movement northward by midweek. Then again you might not. However, as I have yet to find the correct short code for platinum or S&P 500 to use on Pro Real.... software I cannot mislead you further. If anyone wants to lighten my darkness in this respect at least, then fire away. In the meantime TTFN.

Lakshmi. I suggest you do not starting beating your head against the wall in frustration, if ever you intended to do it, because for starters there a quite a few down there already. If you stop and think what you would do if you were the other side of the 'pond' knowing that the Tsunami is just offshore, then surely you would try every trick possible to avoid your bank, brokerage, etc going belly up while you remove or hedge all cash or transferable assets you can before the Wave hits your particular beach. I dare to suggest that fall of this 'Tsunami' will start slow, rise first and gain momentum until the vertical height is too great for it to hold up any longer and then the collapse will come, like fast. Just make sure you have your financial wellies nearby and keep a lifebelt handy because the consequences of the Wave could be more far reaching than you imagine. Survival will be the only word on the block IMPO. Sorry about the nautical metaphors but I think you will get my drift. Best..

I hope this dreadful news does not interfere with a good night's sleep, but suggest you play safe and chain the M.. to the bedstead, where you can detect attempts to steal it away. Perish the thought, but if you do not take precautions, there could be none left in the larder or the shops, even as early as tomorrow. Write to your MPs, raise the matter in the House. Disaster looms Misere, miserabimus, miserabitis, miserabant.

There are foodstuffs that define a nation, after all historically it is said that the French used to refer to the English as 'roast beefs'. What they call us now, I do not know, but our American cousins have at last defined the Brits... I quote, from Bloomberg this evening. Overnight, the U.K. awoke to fears of a nationwide Marmite shortage. Tesco, the country’s largest supermarket, had stopped online sales of Marmite—an iconic topping commonly spread on toast—in a dispute over price increases. To non-Brits it’s hard to explain the tremor that ripped across the land. But imagine it’s July 3rd in America and Heinz ketchup just got pulled from Walmart.com. The dispute between a supermarket and manufacturer that shot to the top Trending on Twitter mattered because, for the first time, the Brexit fallout was tangible. (The companies late Thursday said they had resolved the issue.) Note, I purchased my emergency supply from Li.dl this afternoon so all is well with the world,,,, briefly. Now I am not ramping, but it may be time to top up with the marvellous M....before the SP soars or the Europeans withhold essential supplies. That could leave to a major international incident IMPO.

Lakshmi. Spot on with your prediction and you may have a soul mate in the USA. Quote on Bloomberg just now: Yesterday's big stocks drop may have just been the beginning. Or so says HSBC Holdings Plc technical analyst Murray Gunn. In a new note, Gunn says he is now on alert for a big dip in U.S. equities. "With the U.S. stock market selling off aggressively on October 11, we now issue a RED ALERT," he writes. "The possibility of a severe fall in the stock market is now very high," he adds, noting that volatility has continued to rise since the end of the summer and the recent sell-off was seen across many areas of the market, and not just select groups. Also causing some concern for Gunn is the intensity of the selling pressure, measured by what's called the Traders Index, an indicator that combines both market breadth and the trading volume of advancing stocks versus declining stocks. The higher the index, the more bearish that day's trading. End of Quote. PS. I wonder if those superior goons on Bloom... the other night will now apologise for their pompous attitude about their 'local economy' compared to the U.K. Perhaps, instead of a Big Mac for lunch, they will able to buy a 'double soured cream humble pie'.

Yep. Fine I think. Trying to get the decorators to finish the outside of the house before the westerly winds and rain set in. Looking promising so far. However does not leave much time for messing around on the market screen, but I am only a dabbler after all. Hopefully, I can get to grips with the Pro.... software that Bonker and NWCS use. My grey cells have a few years behind them so it is slowly, slowly but I have a fair understanding of what I need to do. If only the MM's were as fathomable ? Best....

That was me petal. Enjoy

Taking the comments of Heretic as worthy of consideration, if the company is still worth X today in actual cash and assets less debt, and was worth X before suspension, the IMPO, providing the institutional shareholders can see a future in this even as a private company, then the 'panic rush for the exit' when the market re-opens briefly, could see some real bargains, if one is prepared or can afford to take a risk on a new company outside of the AIM regulatory umbrella. IMPO

Q. Does the probable change in company ownership viz obligatory local shareholding, and export of some profits, change anything here. Particularly re the proposed coal operation that I understand was to be in ZIM. After all, says he clutching at straws, death of the company has not yet been certified. Indeed are there dark forces at play ?