Member Info for mailman

The run up to the big vote next Thursday maybe a bit volatile... That said if the Remain vote is in the thoughts in the Stock market minds , then maybe the bottom may have been at around ... 210p this week... We will see .. Cash is king in big uncertainty moments like this EU vote... if you miss this boat there will always be another one coming along... Patience is frustrating at times.... never feel I must get on board on a rising market, a big drop is better than a big rise to get in .... in my opinion. Everyone has a choice when to get into a share.... I only deal in RBS at my leisure when I feel a good opportunity comes along and look to sell at around 25p above my buy price . the gamble may have been taken by some who think the Remain vote will win and has pushed the SP up today... Who knows The SP movement often has an unknown logic at times... ATB

Regarding the EU vote... My feelings are Basic Logic....... If the population increase reported to be 300,000 per year, then by 2030 that could be around 4 million more in the UK... Disregard that some are needed or not..... My issues is with that amount extra, there could be up to 1 million more cars on our roads ..... Imagine by 2030 with up to 20,000 extra cars per day on the M25 and M1 and more on every other road. Getting around will be by sheer numbers a slower driving experience and a bigger nightmare parking when you get anywhere.... Travelled down to London Via M11 last summer it was rammed in certain places and around Walthamstow area a nightmare .... 20 years ago when I used to visit friends in London it was a breeze compared to my experience last summer... So my point is how much busier will it be traveling around by 2030, by Car, Bus and Train and of course the dreaded London Underground system.... And if there is extra runways built at Gatwick or Heathrow the M25 there will be more frustration... Many days LBC radio news reports Traffic issues and some have tail backs of up to 10 miles on the M25 and Blackwall Tunnel areas ... This is just my point of looking forward 15 years and then comparing what the traffic situation is now and in 15 years time.... Even Great Yarmouth has announced a 3rd river crossing to be built to cope with traffic flow ..So if the population is not restricted to below 50k a year The system of future travel capacity and delivery trucks is not looking good, nor will the housing shortage and Doctors and Dentists appointments and up to a month to wait to see a hospital consultant be improved..... Staying in or coming out of the EU, will not benefit from any big increases in the population .. To me there is a limit to everything, beyond that limit many have to suffer, if the reported 4 million population increase happens... it means logically 2 million homes needed and 4 million added to Doctor and Dentists surgeries.... Driving down to London airports for your holiday may well be a trip to avoid in 15 years... Just my thoughts as always... ATB ..All

The drop not that unexpected as has hit 210 twice in the last few weeks ..That said if this share is going to be certain range bound 50p up and down bounces like it did in 2011 to 2014.. Then it maybe started doing it again recently... Get the EU vote out of the way and see what happens and settles down... If you take a punt before ..Good Luck... A week to go yet .. ATB

Don`t worry it sometimes goes quiet ....... Hello jings keep well... RBS hit around 210 this week.. maybe the best chance to get in at the moment... Remain seems the favorite with bookies at the moment....seems the luck of the draw if the SP goes back below 210 to get a buy in before EU vote day ... maybe Gamble time ...and if Brexit does win, what the outcome will be on next days UK market opening is any one`s guess... Play it day by day if you are waiting to get in before the vote and except what ever if Brexit wins..if you buy before .. may have missed the bottom at 210 this week ... but one never knows.... Bookie comment today below ------------------- Naomi Totten, Spokeswoman for Betfair, said: "The EU referendum market has exploded into life in the past week with an average of £1m traded every day and a staggering £3m traded overnight on Monday. Brexit has been backed heavily in the past 24 hours, although Remain is still clinging to favouritism and has been defended again this morning.

A 44p drop in the SP from the last high of 257p in 2 weeks 2 days... To the SP of .. 213p Now...Today... Now the EU Vote issue ... to ... Think about... decisions .. decisions

Nice drop the past week for those waiting to Buy.. 25p drop since last high... See where we end up by Friday..

I have a Question.... Does anyone know the reason why. the UK FTSE Stock Market is open 8 and a half hours a day ...and the US Stock Market is only open for 6 and a half hours a day... Strange that the US DOW Stock Market being much bigger is open for a 2 hour shorter day....Would be interesting to know and were they ever open different hours in the past...

You have answered your own logic with some wise words... Just act on them and set no defined targets and be flexible Remember Patience is often the Key...Bad news will always come and bring the market down or a correction likewise.... you just have to wait...and wait.. The flip side is that this current SP could go to a higher level of trading range.. Cash is always king if waiting for a good drop from the last high.. I like a 35p to 50p drop from last high to buy... and sell at a around 30p rise on buying in price... ... Time will tell ... and uncertainty is always there ... Good Luck...And remember you stand and act by your own decisions ... my thoughts and posts and theories are purely my own...and no guarantee of any guidance ...we all learn from others and our own mistakes... as I have in the past and nothing is certain... ATB

This range bound trading worked 8 times during 2013 and 2014 in a different range back then... As many on here at the time well know..... Good luck in whatever you do .. The main thing is do not be Greedy .. For an example if a buy in happens at say 216p and a sell at 246p to me that is job done and a nice exceptable profit.. .. Then wait and hope to repeat.. ATB ..

My thought is the run up to the EU vote may create more market volatility I wonder if the RBS SP will ever reach 300p by December .. if the vote is to stay in and US interest rates go up in July it may well help to get nearer 300p by this years end But if the powers that be like the volatile up and down movement... the 210p to 260p range maybe to their liking... and hopefully us range traders can make some money... It has already touched 208p and then up to 257p last month ... and now has dropped nearly 20 points since last week on the way down again... I am waiting to see if it goes back down again to sub 220p and get in and hope it repeats the move back up to 250p again.. and get out again. As I said in my earlier post we had this up and down range bound trading for a couple of years in 2013 to the start of 2015 stopping at a high of 314p a year last February 2015 Then the slow12 months plus drop to around 206p this year... Now hopefully back to my theory of range trading that was profitable 2 years ago... We will have to wait and see... I am now just waiting for the sub 220p drop if it comes to get back in... and keep an eye on what the EU vote hype creates... before thinking about to get in before or after...the vote.... ATB

My point exactly. As I said yesterday I think RBS will drop futher and maybe into another new trading range again of 210p to 260p ... Just as we were in a trading range during 2013 and 2014 where a lot money was made on the up and down movements of 4 or 5 times a year.. In that trading range back then... The EU will obviously cause movement in the stock market on the final run up to vote as so many statements by MPs saying what COULD or WOULD or MIGHT happen with no certainty what so ever... Then the possible reported rate rise in July in the USA and the result of, ... if it happens... Good for banks if reports are to be believed.. ATB

My thoughts are it has dropped to 210p and now back up to 257p last week... I am now waiting for the next down drop to get back in.. .. Purely my thoughts as I said recently that maybe we have a new up and down trading range of anywhere between 210 to 260 .for an unkown period.. .. I repeat this purely my own thoughts

I suppose the coming weeks the Stock Market may now be now be affected by some news about the coming Big EU Vote..... Possibly more so as it gets nearer and what the polls announce....Slow day so far today... maybe something is about to happen... or kick off... The thought in my mind ..as so many do not think MPs as trustworthy ... then just how many will bother to vote in the coming EU Vote..... Normally less than 60% in a General Election and even less 50% in Local Elections... I would imagine many are sick of hearing about it all by now .. and as the in or out brigade conflict each others point of view on a daily basis...And everything said has a Could, Would or Might happen attached to their point of view...By no means a vote of confidence to believe in what any one actually says... as the majority of the public have no involvement in business affairs ...which this is one assumes is what it is all about... plus of course immigration....Being it seems the two major points of debate ....The Business verses Immigration... Vote..

Interesting Donald Trump idea... Would it work...? http://www.telegraph.co.uk/business/2016/05/28/donald-trumps-wild-idea-about-dealing-with-debt-may-be-here-soon/

CNBC channel reports US household debt is $12.25 TRILLION.. .. 3.3% away fro the highs of 2008 .. Debt crisis ahead.. If rates move higher repayment costs will cost more and reduce spending... A debt issue that is growing... Interesting to see how it pans out... As we know one spark and things will be different .. Either way .. $12 Trillion is one hell of a Number... ATB..

Good Luck..... See what the price is by 4pm on Friday... I would expect lower than the current 254p .. .. But purely a guess...

I would think it reasonable to assume that after the current rise from around 210p to todays 253p there will be some selling before this coming long week bank holiday... We will see...

If it repeats the last move up to 250p ..... a couple of weeks ago Then selling will bring it back down again As I said if range trading is starting again then floating up and down between 210 and 255p maybe the next thing in the near future... .. Purely my own guess of what might be... nothing certain...

I think once you are fully in the EU club you are governed by the majority ..not to all you specific needs or wants or desires..

Because financial people have business interests related to the EU .. one would assume... As for the EURO it has been better to hold our own currency .. independent from the EU mass of countries... Being in the EU club is one thing, but your options are always better by not having all your eggs in one basket... That is the way I understand and take it... In the end everyone is out to get what they can from anyone and anywhere ..The global world now is everyone`s open playing field to buy, sell, cheat and to lie... ...The rich will prosper no matter what happens ..as they change the rules to suit....... that` life...as we all know it..