Member Info for MrWolf

Afternoon, yes it does seem much better atm. Though having discussed Barclays earlier this afternoon with a friend, he advised me his company has been off loading 50% of shorts positions around 195, he seemed to think that Banks are being kept afloat on this Frank Dodd repeal. He also feels 215 is capping area, along with talks over the stimulus issues. Just as I was feeling comfortable with going long. It would explain the negative 185's speculation from other Brokers. Are they stuck with some heavier shorts maybe ? All in all, 185 was my hopeful re buy target months back and missing 195 i would like another chance. So "what will be, will be" GLA

Recently we have seen a strength in the fin's yield curve, with rates is the key result to a stronger S.P Though as mentioned years back on here, it will never be nice, when the SCO pulls Barcs PLC into the flames for the QATAR scandal. If they are allowed, in the end. Back in the day they even tapped Lybia before QATAR, imagine the scandal if that had gone through. Still I could not believe what I was seeing the time QATAR off loaded their shares and not thinking to myself, the implications of insider trading. It is the main reason most pension funds have avoided Barcs SP with a $41ttY stick these past years. Though HSBC have never been pulled in to account for all the 'Guaranteed clean money' from Russia and S' America. The part that p1$$e$ me off is the clear fact that all the big banks were at it . . now the only people who suffer will be us. How come Bob has not been arrested, he even after he employed the Inland Revenues best staff, the first 19 ! pages of his own tax return, they still couldn't even understand his bonus, least alone his income. If Barcs SP gets hammered over this QATAR I will be the first to file for compensation, this Bank has cost me dearly over the years. Which can all be accounted for, not least the actual cash value against other markets like property. Moving on, sadly I missed the 195 as I was away. Gutted as I missed a very decent earner. It does look like we are bottoming out now, reflecting on the most recent down trend. There has been couple of false breaks outs, quickly quenched though. Noticing a few other decent posts on here of late, imo it does look like we are going on a steady plunder north now. Usually we see a retrace tester before actually moving up. Hopefully Barcs goes sub 200 and I can lamp in again. Though I did have a cheeky day trade yesterday arvo to cover Mrs Wolfs holiday / damage report lol Looking at the 200 MA and recent channel, we should move up a step soon. Though as we are all clearly aware, tech charts can flip in minutes on other economic pressures. BOL an always DYOR

Bad enough trying to buy the damn things this morning, just as painful selling them. Hope a few others caught it well today. Did think I might be sitting on a lump more till July the way this was messing about mid morning. All the best for the weekend and here's to a decent monday.

Just caught me logging out. Yes I did post that back then, yes it was kept polite as you very well know, you had a deliberate habit of winding lots of people up with your comments. As you can see I have not filtered you out, due to the fact that you have taken on board a more polite approach to posting. Yes, it is interesting to read everyones opinion on here, without nonsense. Years back like myself we introduced ourselves as "Newbies" Sadly the conduct authority made it quite clear that professional traders were not allowed to scope these sites. So we noticed a complete withdraw of inside debated trading floor input. in these years I too have learnt a huge lesson myself. If you are trading "real money" now and making a few bob, "Good on you" Meant with sincere intent, my long term holding is still well down, yes it still needs £3 plus. No I do not see that account eating this year lol, though my strategy is to grab a few percent where and when I can. Whilst looking for the bottom of this current swing, not only myself but a few serious friends in the city still have their 180 long's running. Yes , they advise me that they also see more downside currently, though also agree that once the indication breaks again, we will see a significant rise. Thats the wave I need to ride, which hopefully will counter act my £3 account, also leaving me with a few bunch for my ulcer and heartburn lol. Then as one told Jes at he AGM. This is a "Dog of a share" once it clears £3 I'm selling. Then back to the auctions for the repo's that I am familiar with. Bricks and morter, not banking shares. This is a dead game these days, far to many corrupt hedge funds. "We try to pick up pennies in front of bull dozers" Good luck on your trading must log off now, will try an look in later. Like everyone else, have a nice weekend

Having stayed with Barclays platform after reassurances of improvements . . . Tried to buy at 202.5 earlier only to get a 203 ! So whilst on the phone ********** the poor sod on the other end, not only did I have to log in 3 times, the site displayed an internet error and crashed. So basically in a nut shell, the Barlcays rep confirmed it is not a frequent traders platform anymore. So when asked the question "Does Barclays not need traders commission anymore then?" Couldn't get an answer. Though I can't see us lifting off with the election results, we should see some slight positive movement. Does anyone else see the a downtrend, currently looks like its consolidating in the next month though. Maybe end of July to turn around ? Well here's to a few percent on my day trade and then further opotunitys of buying in. It currently looks like its going to bounce between 2.00 and the early teens. Off now, have a nice weekend.

Just logged on quickly due to Mrs Wolf needing assistance yesterday, of all days ! Trying to explain the simple meaning of "Leave me alone when I'm trading" and that I can sit watching my screens from morning till night sometimes" means the same thing. Yesterday morning I had to endure being a passenger of mrs Wolf's whilst my phone alerted me that Barclays caught a 205 again whilst the Dow and FTSE liked to regain. Absolutely gutted I missed some "No brainer" trades. Well done everyone who jumped all over it. Trying to explain to Mrs Wolf, is like a scene in Castaway with Tom Hanks and Wilson ! Just hoping that it drops back a tad so I can play an average. Oh, before I sign off, just for the record of "one certain individual" . . . Yes I am long, holding a decent amount of shares prior to the collapse, my average is just over £3 now. Due to personalising this heavy loss it has cost me dearly. My reason for hoping Barclays hits a sub 2 area, was and is tech analysis alongside some macro" which we all know hasn't given much indication the past month and half ! So that I can re buy, if it looks like a day trade then grab a cheeky 1.5% or 2%. If it indicates a decent wave then, ride it out. Just so that I can average my long term losses down, whist earning a few bob whilst doing so. We all know this share inside out, we all now how it can turn around and bite us. Though saying that "Some of us have a life" and like yesterday I do not have time to trade every day. Personally I have had times / gaps of months between trading. When Barclays share slips into the 3rd wave, it will be a decent climb. Though as always DYOR and the best of luck. For the record Mrs Wolf did here some terrible language yesterday when barclays landed a 213 ! Have a nice weekend

She used to ask me the same as all my other mates parents did with them . . . "Would you put your head down the toilet if they did ?" Bit like "Please do not copy my trading strategy, just incase it goes the other way" lol Sorry for late reply, have been busy shorting Dow an FTSE. Off out soon, so enjoy the rest of this fine, wet day.

Well chart anal lol is indicating a little higher than the 185's The 180 / 185 pul back was pre OPEC extension, so adjustments made, it looks like a squeeze of sub 2's As always DYOR or as my dear ole Mam used to stay when I was a nipper "WYPYHDTTITD?" There is one you can try and figure out lol GL

Hi there, Yes there is some resistance on the £2 front. Sitting here kicking myself I didn't buy a few more Barcs on the oil rise. Market has been buzzed since that extended agreement, though al said and done I am sitting waiting for the FTSE to pull back with a few shorts in place too. Then we can see a real medium of resistance here with Barclays. Ole Jiz might be getting heckled at the moment from piers, though its no different from watching politicians. They all act like wet wipes with no real concept of the real world. Maybe a few of them should have spent their gap year travelling around Brazil and Bogota's ghetto areas learning how to be a little more street wise. Rather than spending Mummy and Daddies funds in a backpackers pool in Surfers Paradise. Then spending their life telling everyone at dinners parties how they have seen the world ! Take a look at British Land, they are always a good indicator of Londons employment. Well before any manipulated figures are released. When the commercial stop expanding, then watch for job data closely. We have low rates and inflation issues to contend with in the next 24 months. House prices are stupid against earnings "once again" The one that concerns me most is the American ring fencing costs, we can not afford another rights issue. My view is that we will not see the "Sell in may and go away until St Ledgers Day" just an adjusted FTSE pull back, along with Barclays and such. Then more build up until the next OPEC meeting or China farts and mining shares fall lol Just my opinion but I will be sitting here for a 199 / 195 not a 180 / 185 to average some more. Jes was confident that in the next 2 months all the non core crap will be flushed away. So also keep a close eye out for any R'I announcement when the yanks start their ring fencing and the small matter of "Where's my $odd1ng dividend Jes?" B.O.L

BARCLAYS OFFERS AN EXAMPLE A glimpse of what a Vickers-style blueprint might look like for large U.S. banks comes from UK firms currently working to meet the new ring-fencing rules. Barclays Plc, for example, formed a new company intended to operate as a standalone unit providing support services to both of its two main operations when they are formally separated - retail and investment banking. Individuals familiar with the internal project, told Reuters News that the aim is for critical support functions to continue to operate smoothly if either of its two main businesses were to run into trouble, while also keeping costs down by not having several separate back-office units. Smith, of NYU’s Stern School of Business, who is familiar with Barclays’ efforts, said another major challenge is maintaining the high capital requirement for the ring-fenced bank while also meeting the potential funding needs of the investment bank, at least at the outset. "The clincher to the Vickers plan is that no capital could be withdrawn from the bank regulated entity until it has met a capital to asset ratio of 10 percent," said Smith "That’s a pretty tough standard." Barclays Capital, the current investment banking side of company, "would therefore have to have at least a Baa bond rating to manage on its own … and it may need some kind of capital infusion before the ring-fencing took effect to give it the capacity to do so," added Smith. This is the question that Jez smirked at last Weds, which I hit straight back with "its alright for you and your 230's average, some of us have been invested in Barclays since Bob Diamond days" Anyone got any sensible ideas on another possible Rights Issue if and when yanks Ring Fence over the pond. Barclays share price can not suffer another R&I

Hi there cap just caught me, ftse now flat so off out the door lol Yes a few of us can get down for the next one, drop the average age below 70 lol Have a good day if you are trading Ragrds W

Morning Boonie Yes at least yesterday gave a more true account of the next fews months, "Rocky path" was used by the board. Can not remember whether it was Jiz or Mac who used it though. Basically Barclays will be all in the office having a party at our expense until about August. July / August will be interesting to see Director buys flow back in the deal box. oh and yes I did mention that it was usually a leadership showing of strength when board members by large amounts of stock, not to spend the next 24 months cutting the back bone out of the company, knowing they have better tax privileges offset against negative investments ! Barclays must of hated me yesterday lol With out sounding a narcissist, other share holders did give a round of applause when I stepped down. Most got heckled and told to "shut up" prior lol GL

Morning chap Sorry was a long day yesterday, 5am dog walk, train, tube AGM farce, China Town and Camden Lock for wet refreshments and train home lol. Yes Jes couldn't wouldn't make a good poker player, that shrug which I did reply vocally back at the board "said it all" Which is why I ended my polite torrent with, "when I see £3 plus I'm hitting the sell button, because its a dog of a share" Which is when the meeting called time and the board could not wait to run away, as if us the share holders / audience shared some fleas ! Very bad turn out, very badly organised and clearly just arranged as procedure. Barclays Bank is not and never will be the earner it was back in the days of corruption and money laundering. Fairplay to one speaking share holder, he described the board as some production of a "Carry on movie" and Jes was the funny one pulling down his pants for laughs ! Absolute farce, glad I attended though. Regards W

Well as said, one turned out for the AGM at the R'F'H What a sham that was . . . it can only be described as "waiting for God" 28 share holders wanted to speak. some woman wanted to tell everyone she was a film director and to save the planet, one other waffled on about fracking, which Mac replied was being cut back as it was part of the non core. Jez was asked to resign by someone else waffling on about his behaviour and conduct. Several times lol. Then due to some heckling half the questions others wanted to raise were cut short, which i politely informed them they would have the embarrassment of a "tear up" trying to remove me as I was going to speak. Mac asked if that there was any more questions and I spoke out. Forgot to announce myself and went straight for it. Looking straight at Jez and Mac, firstly I asked if they would consider all the share holders from pre crash days with high averages, Jes smiled back, which I took upon the chance of reminding him of his average. Some of us either take huge losses or go to the grave with our average price. So how about a long term holders special divi. Then the crunch, "Is the board equipped for the American arm of ring fencing or will we need another rights issue ? Jes's body action was a shrug and expressed its highly likely, "Not another bloody rights issue" On a positive note though, he did say we have a couple of rough months ahead, then all the non core bad parts will be finalised. Then the bank can move forward. Oh and all the hype about Jes being investigated, what are the FCA going to do about a text message to an ex assoicate in the states regarding "please stop sending the negative letters" storm in a tea cup. The real worry is capital for the American ring fencing and the inside information for QATAR when they dropped their holdings. Having listened to the pair of them, Barclays looks set in about 3 months time to become a good Bank again. Both Jes an Mac make a good team together, so in the summary of it all " here's to Barclays " Didn't think much about the Pretz sandwich, crisps, cookie and banana lunch though. GLA

Goldman Sach's just down graded us to a Sell and put a cheeky 180 in the mix ! My mate did say they were looking a low sub 2's Here we go agin ! All have a good weekend, off now

Did not think it could just be me, having lost a minimum 1% this morning I was on the phone. Just waiting for a call back myself, yes it also cost me dearly this morning too. How on earth is someone supposed to trade this way, its impossible. The Share Centre, now thats a company that has never let me down in over 10 years ! It seems that Jez has got Barclays trying to emulate them. Consolidating all your funds in one screen, it just does not work, so hence I will be pulling my savings / cash out. This also incurs me charges of approx £32 a month so I understand, just for it sitting in the account whilst waiting to re buy shares ! Barclays are obviously going to lose a lot of customers over this issue. Which in turn will kick my long term shares in the nuts again . . . which i hold with other companies for the very reason, being the banks limits of protected holdings ! I.G Spread Betting "Only issues with using Safari, must use Google" and The Share Centre can't go wrong. Stuff Barclays new platform, something else I will put across on Weds AGM. Bloody idiots all of them, brought up wet and fead with silver spoons. Cant see them changing back to the old Barclays platform, with in honesty wasn't half bad. This new rig is a pile of $h1^ Thanks for your informative reply, best of luck Regards W

Oh and has anyone else been transferred over from, Barclays Market Master to the new "All in one" platform ? Its a load of pony, by the time you wish to make your trade, you have to log in using the Pin Sentry device. By the time you have followed the procedure each time, due to being logged out every 5 minutes, your trade has not only gone, its waved good bye. There is no "time out" delay feature on their new platform, so how on earth is someone supposed to use the system ? GLA

Take the broker recommendation with "a pinch of salt" Shore Capital have a 28th April "Hold" Good advice atm Look at all the buys Jez put in knowing his investment was to raise investors confidence whilst pulling the guts out of the banks structure. Very misleading to investors thinking if someone inside the company invests, then its a sure bet for others outside too. Whilst all smoke and mirrors, having posted at the time it was just early trade for Jez knowing the tax issues he avoids holding such a negative share ! Personally seeing China pulling back on the Ozzy's iron ore production, which impacts on the oil surplus issue once again. We all know what happens when the big mining corps drop production, banks SP like Barclays get hammered. The city was just warming up to the fact last part of 2016 buying back in to Bank shares, now the word is "Don't touch the banks again" Personally I think we can be looking at a very choppy run this year indeed. "Tango Two Step" all over agin. Though once the PPI has actually been cut off, we should see Barclays fluctuate late 2's and early 3's once again. This was written on this board post bank crash, that Barclays SP would never recover to its Bob Diamond days. Even the mention of struggling to become anything more than a common retail share price bank. How true that has materialised over the last years ! The next big cloud will be the conclusion from the serious fraud squad over approaching Lybia and then the inside trading which left QATAR with another huge profit, not to mention the nice brown envelope in Bob's top pocket. Once again there was was me reminiscing of the days, a Jag pulled up on Streatham High Street, ya dad and uncle would run into Barclays make a loud withdrawal, then you would spend the next 9 years visiting them as a Cat A. How times have changed . . . The blaggers where shirts and work in the banks !

Hi BWK Always being open about my trades, thats exactly my sticking point, all signs show bearish pressure atm Yelling will waffle and next month should stay the same. 202 has resistance, though if the X Rothschild trader makes the French election, we can expect a decent few days. Then it looks like the "Two Step Tango" until we see some settlement with our results. In the meantime markets a on tender hooks if Trump goes all out with N' Korea. If its not one factor its another, though their is clearly some potential upside here. Personally would love a stab at 185, though self discipline may wobble with a 195 lol Ending with "DYOR" in other words I.I.P.M.H.D.T.T.W.Y ? Well that is what my mother used to say to me when I copied a naughty mate as a child. Good luck

And then of course is . . . Janet Yellin lol She can waffle the legs off a donkey and then all the T.A goes to the wall Good luck with what ever works for you. In the passed I have even adjusted indicators and traded different ways. With agreement with your view, that its the law of averages and T.A used with Macro / Geo news. Gives a better chance of success. Having said, the big funds manipulate their trades with the algorithm software and its really a case of spotting a trade when they buy in or sell off. Its only when you blow your account a few times you realise this lol Though saying that, its a buzz scalping the dow sometimes. Good luck