Member Info for mark-expat

...sorry to here that you are tied up with barclays , I was I was thinking of you when I topped up on DCG's low and thought that I would just say that if you do not CFD then it is worth having an account for just these soughts of occasions , ie. £331 per 1000 shares , if you do have one I should have just kept quiet , anyway , gl.

I did indeed , sent reply , good luck , have a good break , mark

I can understand that a downturn in the economy and cerain sectors being hit more than others , but this weeks hit is accross the board. The indices and euro currency has been a good little earner but some so called defensive stocks are becoming irresistable .. can only imagine that stop losses are kicking in on all record lows... will be picking a few of these up for a wishfull thinking risk taking rebound , gl , tin hats on..

for me , I think that shorters are buying their positions due to declaration regulations next week. Oil is c.$134 , Opec have said that it will not increase supply , Heathrow Terminals have declared their biggest delays since records began, airlines are going bust left right and centre , airlines only want to increase prices whilst consumers have less disposable income and with downgrades persisting through the sector , enjoy the ride. For me , I opened a short at the end of trade today but if the SP goes north on Monday , I am going along for the flight as this one may well have been held back through major shorting. I tend to achieve 250 and then look to short to sub 210 and then buy back for ride back up to 250.

I got in on lse today on their low , also picked up the bum end on a spread of , imo , under valued insurance companies, ie. legal and Gen , Old Mutual and Friends Prov. Be aware that , imo , shorts on these stocks may well be closed with forthcoming declaration. I have been buying in weak ftse 100 stocks this week , also builders on extreme weakness and as banks is my norm , continue to enjoy the intraday.

... try different tactics, be alert , a simple FTSE 100 cash play after closing was a good play. If you get home after closing up shop , you should look at what you can still trade. The Euro was a wild cat today and recovered , the US markets closed on a high , it pulled the FTSE Cash up. If the US markets are dropping , so might others , just do it. The Asian markets open later and take closing of others into account , buy or sell the indices if there is a likely strong pull in either direction , just get in there on a short or a long depending on what you recon , but do not drag builders into it , builders are in play in 9 hrs time.

... shorters always attempt to make monies , they try not to sink the boat that they are sailing upon , ensure that they fill the sails to keep the survivors afloat and , if at all possible , look to get a bonus ride back. If not otherwise informed , new rules come into effect by end of play the Thursday of next week in that major shorters need to declare their hands if they hold more than 0.25% of a company value on a short. The reason for the bounce is nothing other than shorters closing their positions. Whilst this be labeled just a UK thing to some , this will eventually have an effect in europe , asia , usa and whilst there is nothing wrong in shorting , it is a significant move in that many investments by large players will have to declare such and by so doing may suffer from... duplicity. Putting that aside , intraday trading has been the best of late and the fact that nobody can afford to buy a house or be offered a mortgage or indeed get their house built , or eat , is not what the market is concerned about at present , that was yesterdays news and playing indices at the moment and buying well over shorted stocks is what investment is at this moment in time.

http://news.bbc.co.uk/2/hi/business/7453108.stm

.. thought I would just post that I often CFD insurers and consider that the likes of L&G and OML are worthy of keeping an eye on at these prices..

... recent broker downgrades have had a sharp correction on the price. I bought in the lows yesterday on the basis that , imo , the recent sell off has bought the shares to a level that is more than fair and that this stock may well have been shorted on the back of negative sentiment towards the food manufacturing sector as a whole. The other reason why I bought in was aAs it goes ex-div next week (5%), I would not expect those on a short to be hanging around much longer as they would have to pay the 17.3p themselves. Anyway , like all stocks could well fall further but you make your choices and move along , gl.

.. 45% both ways on BDEV

.. maybe a free flight?

http://business.timesonline.co.uk/tol/business/industry_sectors/transport/article4108253.ece

Silverjet, the business-class airline that flies from Luton to New York and Dubai, has been rescued out of administration for an undisclosed sum by Kingplace, an Ireland-registered company controlled by Heritage, an investment group based in Geneva.

Figures from Data Explorers, which tracks short interests, show 19 per cent of Persimmon’s market capitalisation is out on loan to investors betting on a fall in its share price, the most in the FTSE 100.

.... apparently , Kingplace has bought Silverjet , all staff and routes remain , business as normal from 13th June .

Goldman Sachs placed a neutral rating and 420 target , probably the reason for the drop in SP..

I don't know why , but am treating it as a buying op , divi next week , hopefully should not drop further!

I've been keeping an eye on these and the spread is something else 191.75 to sell 203 to buy , spread has been wide for a few days...

http://business.timesonline.co.uk/tol/business/markets/article4079940.ece