Member Info for MrWolf

Morning Caitlin1
Funny to quote, though gross to picture in ones mind lol
GL

Morning MaryBr190
For which I was smiling whilst typing the original comment , its nice that others can throw in their own ideas or this would be a boring site.
At an un fortunate 330 I would be off down Poundland to buy a pair of cheap plyers .
Followed by a visit to Nanna's to relieve her of her gold teeth, then straight into cash converters lol
Kind Regards W'

Morning MilBanker, personally I never pay any attention to that.
Them figures can also include bluff book data sitting in the system, which isn't good practice but does still happen.
Regards W'

Do hope you are wrong or Ill need to set up a 'Go fund me page' lol
Old Chinese saying "Man thats always tries to pick bottom, just gets a smelly finger"
Each to their own opinion but i'm hoping your wrong and i'm right.

Yes correct , hence the term (Post LaboUr Day and not Pre Labour Day)
It was seen as a turning point for the markets returning investment after Labour Day.
Though the recent data dampened any rally, hence the shock to gold prices , though gold futures indicate a stable price and more chance of going long than short.
Regards W'

Just need a 3 wave correction on the 15 min

Mind the gap, we are about to depart , tickets please .
GLA

Crikey, talk about watching paint dry aye.
Now the yanks are post Labour Day and U.K are retuning from holidays , the ECB need to pull a rabbit out the hat this week or they'll take some real flack.
Bond market has raised a few eyebrows, all pointing to some green shoots.

Good Morning MVarawa, fully agree.
Anyone who claims to know that kind of detail is usually in the know with inside information, not half these anals claiming they can pin the tail on the donkey.
All he was doing is stating the obvious, which any of us can see plain and clear on the chart for ourselves.
Its frightening how many millennial's get sucked into these socail media trading subscriptions .
Mind you if im honest I did fall for Galvins scam many years back, when I was fresh meat in the trading game.
When I say fresh meat, id been getting my pants pulled down chucking money into Barclays BPIM account.
The only way to describe BPIM was like watching Jordon Belfort selling his first Penny Stocks .
Galvan were no different, they had a sales team filling their traders desks, punting really heavy CFD trades and keeping clents until they got burnt and dried up, whilst taking £100 comms in and £100 comms out .
Shocking the money them lads were churning through, needless to say I started trading for myself , which was fantastic returns until , the bank shares went pop.
Its a funny ole game .

Good afternoon Mr A & others,
Every positive 'Cut an paste' is always worth a recommend thumbs up.
Good luck with your T seems realistic.
The top brass are all having their annual jolly boys do today, so lots of positive chat referencing the future equity market and yield has clearly attracted some interest of late.
Jerome 'onimo" is rattling on about the FEDs inflation guess work tomorrow too.
So basically we will start to see the momentum take effect sometime next week.
Its at these times I reflect to short term charting for indication , though I personally use the EMA's and not the SMA's.
(Sharing some trade secrets lol)
So ill be hoping for some higher highs and sad if we get lower lows.
Asian markets on a sticky wicket atm, they had just started to buy the dip and past few sessions that faded through.
Crikey I hate trading sometimes !
Good luck with your strategy, any profits banked is good profit.
Regards W'

Afternoon Bald Eagle, its not confidence, more hope than confidence.
Though without being biased in any way, if I was going to invest in a retail bank share at this moment, it would have to be Barclays, Metro tank and then the HSBC gearing up for the next year ahead.
While if all else fails I can always spray myself in gold paint, posing for pictures in and around Leicester Square.
What a way to make a living, tourists wanting to donate / gift tax free cash ! . . . im in the wrong game trading fro a living lol
Speaking off which, must log off and get back to on the wheel .
Regards W'

Morning all
Once again Mr A , good article. Nice to read that (Strang'e) bloke updated his prediction ( Excuse the pun in reflecting on Bald Eagles comment) Though it appears he's literally just stating the obvious.
Before everyone runs to their wood shed and grabs for an axe to throw at me, ask yourselves where you see the SP going ?
My personal opinion, with a lot of hope chucked in, is that we see this R chipped out , taking out a doddery 2 / 208
Between 208 and 240 it is very sketchy and does become a prediction /economy related of course.
Though we need to way up the odds, Barclays actually has under performed most retail banks in the past decade.
Mostly due to the balance sheet v's the compo claims and actions.
The I.B arm is now showing year on year structure and we should start to receive some real interest.
Which gives me the strong opinion we will in no doubt start to see Barclays chip away the sellers at these levels.
Certainly by the next finals attempting an assault on 240's
Lots would like to think that £3 isnt that far away , though in reality it is.
Don't think that Alistar ooked any further than his charts when making that prediction.
£3+ will be a massive hurdle to reach, since we last sailed them waters.
There's been A.J's shares giveaway in the form of a R.I, whilst related interest factored income fell off the cliff.
So sticking my neck on the chopping board, Barclays will / should break into the 2's dodder around at least into the 240 stage. . . where I honestly couldn't give a chuff what happens next lol as I will set a stop and never look back lol
Regards W'

Morning Bold Eagle, yeah you are right, its not just wood and house builders margins getting hit, its across the board.
Which was my concern few months back when I rattled a post off about real inflation effects.
About 2 months back a friend who has ran a successful business for many years, found himself bidding (his buyers that is) on containers that 18 months ago averaging £2.5k launch in price to £16k+
Bailey and them farts at Thread Needle St are so far out of touch with the real world, its shocking . In fact Im surprised he doesn't call Sleepy Joe for advice .

Reference to Barclays name being associated with Northants F.C. fraud, its been going on for some years now.
Blame should fall on the corrupt councillors and M.P's and half a dozen fraudsters ( limehouse laggers) based around Stanmore, Chlafonts & Denham, who took advantage of a ******ed, greedy corrupt council.
Around the same year the council went bankrupt due to bad management and wasting public resources .
We would expect to see that kind of business behaviour coming from 3rd world countries.
Before anyone asks, no I do not support Northants FC as it would offend my carved figurine Zampa lol
Regards W'

Moring Mr A'
Always nice to read other opinions, the article basically confirms what most on here have factored in already.
Which can only be a positive point.
Reassuring for those who sold and waiting for a re entry, though I personally held in chancing my arm a little higher.
Hence I used the term 'sticky area' it's never an easy pushing through heavy R areas. If we do see a lower fall below 170's testing the support , then I will just average down.
Though im hoping we do see a better attempt in this current area, rather than melt away another month or so.
lets face it, if Barcs shares bounced of every obvious R & S level most of us would have our paws up on a sunny beach by now lol.
Either way it was a informative opinion.
Regards W'

Hey Boonie ! Trust life is treating you well and good.
Well written article, thanks for sharing it. So nice to read others pointing out what seems to be the obvious .
Please excuse me for cut an pasting part of that link / article,
....................................................................................................
Just to add, between the £700m buyback already executed in April and now the £500m announced, so £1.2bn of buybacks. Barclays hasn’t engaged in a buyback programme in many, many years so this is a new thing and I don’t think it’s a one-off. With the level of profitability that we’re now generating and the capital levels that we have, if we have shareholders that remain willing to sell stock at such a discounted book value, we’re happy to buy it.
.........................................................................................................................................
We have all had to endure seeing our holdings get kicked from pillar to post, even worse since A.J bombed us with that poxy R.I.
So without sounding like a flipping ramper lol. Lets hope this inspires the blue eagle into hunting prey once again.
Instead of acting like a blue budgie in a cage and pecking a cuttle fish. lol.
GLA

Seek Knowledge, when you are comfortable with it all, would you be so kind as to explain it all to me .
Ive tried so many different strategies over the years, none of them make any sense lol.
The only thing im certain about is the fact that you can either let capital dwindle away in a negative savings account, or you let it work for a slightly better dividend return. With the possibility of making the odd few % here and there on the swing.
Hope you have a wonderful weekend .

Seek knowledge, without sounding patronising it is also understood that these well placed trader / funds are pricing in 2 Q's ahead instead of the old style 1. Which is where Im hoping things start to unfold .
Enjoy your afternoon , regards W'

Seek Knowledge, wouldn't say Barclays is falling , well I hope not or I need to re think my game lol.
Not sure if how you trade, if you trade. Though Cable's been hit, Indi's attempting to find a base to buy into the dip atm.
Bond / Equity is starting to buy in again, should see movement soon.
Which all will effect this SP unless someone like Masayoshi Son or any related Tiger's decide to open a short position against Barclays, we should do o.k
Apart from some others deciding to sell in mid 180's then waiting for a re buy opportunity , whilst others held.
It appears that a large majority of share holders are positive, not negative atm.
We certainly do not see a change in pattern atm, neither a channel break either.
So I personally am not concerned , though everyone trades their own way.
Regarding the yield curves current position, you may or not be aware that the Feds have been chucking everything even the kitchen sink at the inflation data.
Tapering towards end of 2021 and then rate increase in 22, can really only mean one thing.
Taking into account all the current factors im happy to hold .
As they say "Each to there own" GL if you are owning Barclays atm

Sadly that is usually the case, some good points made.
Something has to be seriously wrong if we see a drop and not a steady rise.
Fed's are going to start tapering towards the end of '21 so they can start to up the rates next year, bond and equity should pick up pace in the next 3/4 weeks. Which means we should start seeing a positive effect on the yield curve.
What is there not to like about Bank shares in these next few months ?
Apart from judging when the indi's start too swing through and investors start buying the dip, our shares should then dig in too.
Hopefully that is, GLA

Bald Eagle, exactly my point.
Its far become 'champagne dreams and lemonade pockets' and jobs for the boy's culture.
Only need to look at Bojo to realise that !
.......... But we like to pretend we set the moral standard whilst kowtowing to dictators (if it is in the national interest)
Totally agree.