Member Info for Malafuster

I happily have him on filter. I don’t need to read his posts to know with some confidence their unvarying drift.

Brent spot rising steadily, now comfortably above $43. About due a blue day?

I know the current market disruption is very uncomfortable - it certainly is for me. But: the world is not coming to an end. The market will return to equilibrium sooner or later.

For one thing, spot Brent is back at just over $43. So cheer up.

Significant that the market shrugs off this week’s API and EIA reports.
Onward and upward, apparently.

Oh, dear. Is that the best you can do? Pathetic.

Let’s not forget deaths from overdoses of opioids: at least 70% of deaths from drug overdoses. It’s huge - and a scandal.

Death toll in US yesterday above 1,000, for the first time since May. Even Trump acknowledges ‘It will probably, unfortunately, get worse before it gets better - Something I don’t like saying about things but that’s the way it is’.

Slogans such as ‘live free or die’ definitely don’t help.

Alpha,

You have all my sympathy. But anyone interested in the election issue should go to fivethirtyeight.com (which has a great deal of expert analysis on the various polls), politico.com or thehill.com: any or all are preferable to some of the bluster on this bb.

But don’t rule out Wag the Dog style events. DJT is a master of distraction tactics and at escalation: techniques he learned as a young man from the vile Roy Cohn

Lemonade,
Biden hasn’t done any rallies. As the same sentence of your post makes clear, hr’s in lockdown.

Trump’s own Tulsa rally was a fiasco. Not surprising that Biden has a handsome lead in every single swing state.

I hold no brief for Biden. It’s an indictment of the current state of American democracy that the Democrats are fielding a 77 year old. But the orange atds narcissist has been well and truly rumbled and that’s why we have Republican dissidents such as the Lincoln Project, and why many former Trump sycophants are deserting the sinking ship.

However, Trump must feel pleased still to have someone of your quality in his corner.

Utter tosh. Large areas of the US are already a disaster area. And the curve points sharply upwards. No flattening the curve here.
That’s why polls show that a large majority of Americans think Trump is doing a bad job on Covid. And why, please God, he will lose heavily in November - even to a geriatric.

SK, I hope you’re feeling more cheerful today. Of course rising Olivia is a big factor. But PMO was down less than most yesterday and is up more than most today. Perhaps Mr Market likes the BP deal.
Conclusion: be of good heart. Think positive!

Not trying to batter you into submission. Just trying to encourage you to take a slightly longer view. But then I’m an investor not a trader.

Btw, SK, PMO is down today less than the likes of ENQ and RDSB. Yet sp’s usually fall initially on such news. Conclusion: today’s RNS has if anything had a positive, not depressive, effect on sp. QED.

Meanwhile, I would rather obsess over David de Gea’s appalling mistakes yesterday. Dean Henderson in, poor David out!

SK,

That doesn’t make the deal unprofitable. It makes your trade unprofitable, which is something quite different.

Even so, I think you might wait a few days before jumping ship. Chumps buy at the top and sell at the bottom.

Cheers, Mal

SK,
you were going to pipe down. It didn’t last long. But it was the right decision.

Whether the deal was profitable or not depends on whether it adds to the bottom line, which will take time to show, not on the sp after 5 1/2 hours trading today.

Filters: the gift that keeps on giving!

A dance disaster, darling. But I’m holding.

EC, why always end with ‘All imho’. Unless you’re the Pope (even hebis nfallible only on major matters of doctrine), of course it’s ‘imho’.

I hope you’re not writing in from The Vatican?

Not me: not a single one.

My wife sold half her holding of ITM: bought at 136p in January, sold at 294p. Nice little profit and any further rise is jam.

She will invest the proceeds next time there is a substantial correction - one is inevitable before too long. There will then be real bargains on offer.