Member Info for MrWolf

Firstly, crikey what a croc of sh** this past weeks been.
My screen is showing a potential slip into 120's and back up.
Before anyone starts to heckle, Ive bought into First Republic, absolute gift at this level . . . we can all see whats playing out here and the FED wont hesitate to resolve matters.
Can't see the FED raising next week, even 0.25% instead just following BoE example and pause QT.
obviously my own opinion and as per always dyor.

@Zebbo "It's only a loss if you sell" I'd like to offer you a kind gesture of good will though. How about we meet up and I cover your 40k in cash, long as you cover my headache lol.
I'm too old in the tooth to lose sleep over my Barcs, though dropping from £5+ to 0.50p post L.B's did give me some stress.
Chill and enjoy the ride, fair play to anyone bagging up some cheap shares atm, well done.
On the morro & GLA

DB were in the sewer, though they completely restructured themselves, they should be ok.
CS on the other hand need time to breathe and fund managers smell blood.
Nice to see such constructive input shared by all below today, please excuse me as currently trying to catch the FTSE, keeps blowing the whistle and failing to leave the station lol.
Hope this arvo settles down GLA

@ JayK - I spent the last couple of days on the rodeo bull (Dow) Barcs sat glancing at Barcs on my right.
Even I thought C.S was old news, seems like someone a fresh grenade was thrown, the CEO is a week lettuce and BloomB' didnt help, you would think that interview with him defending the bank was the only clip they had, so they decided to show it back to back the past 24 hrs.
Usually if its a normal trade and my alerts trigger I act, im not throwing more at this until we start to hear some truth / facts.
Time will tell.

@ JayK - not surprised they're 96% of their ATH !
Yes they are technically ok and can survive this mess, slowly. Though if the vultures like Odey set about them, theyre gone !
Which will cause a tidal wave of 541t all over the surrounding banks.
No surprise the Italians are taking a few knee tremblers, though that was expected years back even.
Currently im not concerned with likes of Barclays, though it does not stop the smell of sewage blowing down wind.

C.S's CEO has been waffling on and on about improvement, Their SP wont touch the sides once to55ers like Odey get their shorts built.
Was half expecting a couple of slips in to 140's this week, nothing like this nonsense.
Heard the bill was a couple of billion got snatched shorting bank stocks past week, seems like they haven't finished their meal yet.
Barcs now slammed tight on support, if this gives up . . . Even I will be losing composure.
Crazy week

Good afternoon - valid point.
One of which newbies / millennial's need to bare in mind . . . though some of us on here are old farts, seen many a crash.
One of which I was speculating to happen back in 2016 , delayed by Brexit, Q.E . . . covid loans, NATO provoking Putin ect.
There will always be a carrot in front of us donkeys.
As they say "The trend is your friend" CFD's work in both directions.
Must dash, wish you all well GLA

@Triumph1 - "Who picked themselves a bargain over in the US yesterday?"
Only for a few seconds boss, the occasional few seconds and minute or two, before being aggressively gripped by the scruff and shown the door.
In fact yesterday was so good, from half past noon I identified myself as a dog, in a street full of new lamp posts.
Apart from the elephant on the screen, Barcs sub 150 . . . currently trying to turtle head its way out of 140's atm lol.
Though a quite rightly pointed out by others "Apples and Oranges" with our UK ring fencing. Which has been just as negative for the banks stats / balance sheets having to accumulate and sit on such reserves.
Only then for the BoE ((F'B Bailey) to insist on Barclays to tap into them reserves and throw them a fraudulent covid loans / wasting vast amounts of admin costs chasing bad money, whilst us share holders pick up the tab.
Personally Barclays should tell Bailey and the BoE to stick the fence up their ring, crack on and do what they do best, loan money to who ever they want, open up the Dark Pool again, pump up the share price to £5 ( we wish lol) and watch it all go to 541t again . . . by which time I would have trailing stop set from £2.50 and never look back lol

Morning Jay
You missed some action yesterday, my fur was statically charged on the Dow between not long after noon.
Those sneaking sods tried a hard to shake of the riders, though the momentum made it far easier and not too difficult to hold onto the rodeo bull lol.
Managed to snatch back quite a few decent attempts before getting stomped on.
FTSE trying hard to take a grip though the oilies now taking a touch concerning speculation.
Trust your polishing up your trigger finger for a subtle trend, no need on here with Barcs though, we could even see the Bulldozers steal a few more points before they move.

Lets not forget the Old School saying , “Sell in May and go away, and come on back on St. Leger's Day,” but over the decades it's been shortened to, “Sell in May and go away.”
Tech' put an end to them ole days .

Morning Mr A - Have you filled your boots yet ? . . . The sheep on the other side of the pond have stopped bleating, took them long enough to settle down though ! Spied a few lambs getting fattened up recently, hence been throwing a few projectiles at the flock lol.
Mrs Wolf's got the oven ready and hopefully up to temperature in the next 48 hrs. . . unless as some like to point out 'The proverbial hitting the fan" again.
Just gutted, the only time I take my eye off the ball (Leave the den) we have some long awaited action.
Did even post its triangulating and looking to short at 174.
The bigs boys had this set up from the beginning of the month, blatantly obvious.
It doesn't take much to wipe off the the retail money, just above their averages.
None of us have a crystal ball and the charts are only an indication, market sentiment / hysteria is not always a bad thing.
Might have to send Mrs Wolf off to Cash Convertors with her collection of shiny stuff, if I've judged this one wrong lol
Regards W'

Thats me done today, was hoping for some early stability here at Barcs, not looking that way this arvo.
Another day, another dollar.
On the morro GLA

Trucks all eyes were on the smaller banks.
Sheep wiped out the cash machines over there on Saturday, JP are all over them. They are sound as a £.
Jump on the DOW and make some $'s , the water is settling

@Trucks - yes there is that to consider, if we are lucky it might just add 0.007 and a flee's fart to the SP this week.
Fingers crossed some Newbie over at JPMS places the whole amount at 149 by mistake and doesn't filter the buy backs until August lol
@Warsaw & JayK - exactly
Just took a moment and went back though a few posts on here, its always nice to read others constructive opinions.
Our FTSE is under pressure, few people will be manicuring their trigger fingers.
Just had some action on the Dow and waiting for more momentum, hope our Barcs settle down soon.
GLA

Morning all, crikey I leave the manor for getaway and it all goes to 541t lol
Relying on a scatty wifi signal was not reassuring either.

Anyhow it would have been nice if the US authorities / regulators had paid more attention to the fact they were humping up the rate and common sense tells us all "Ying always has a Yang" lol

Not sure about how a few others on here feel, though I would rather have seen Barclays take on SVB and counter offer HSBC's £1 with a £1.01 rather than take the gamble on the KMC in our current climate (It will take at least the next 5 yrs for green shoots to appear on that purchase) where SVP will generate HSBC a lot of $'s in a shorter time frame.

After a stiff coffee to clear off some jet lag Ive just doubled up on Fridays touch @ 150 on the nose, really chuffed still and looking forward to the incoming yield bounce.
Was hoping to see a few more bulldozers start pushing this morning, though it seems trying to balance out atm.
Not a way to trade if you are pessimistic, like some. Though I always do my risk / reward b4 any trade (plus the fact I'm still fortunate enough to have a healthy profit amongst all this chaos) Ive sat on Barcs more times than my tail and confident this aint going south over this recent obstruction.
Few of us took advantage back last October when a few pessimists worried it was going lower than 130.
Mrs Wolf loves preaching in my ear over dinner "Shouder, couder, wouder" lol
FTSE is even testing the 200 ma atm
Scalpers paradise !
GLA

"Lovely jubbly"
Did anyone really believe the "World is nigh?" lol, considering the true blame lay on the shoulders of the US regulators for not doing their job !
The W' clan have ventured away from the den recently and on Saturday I went to a cash machine, no cash, then another and again, no cash.
So I stood scratching my head, then it dawned on me, the local community had panicked about their savings and had obviously hammered the cash points.
Crazy, absolute crazy as they must have thought it was another Northern Rock scenario lol.

Bit of balancing about to kick in this week (Might even be today in fact) 2 yr Bond and a yield bounce, should reflect good on the big banks.
The Feds really need to plough on with the hikes, they know it and most of us know it, though now they will need to keep a close eye on the potential impact on smaller banks, each time they raise rates.
US tech sector is going to get a rough ride the next 6 months now, though nothing new there as the liquid funds were drying up anyway.
Now with SVB it appears they (tech) have had the KY and margarine confiscated taken away.
Which leaves me with the same opinion I had on Friday post US open "Nothing to see here, move on"
Will admit as I would be fibbing through my incisor's if I hadn't questioned myself for adding some @ 155.52 / naked with no S, too long in the game to be concerned, so those self doubts lasted brief seconds.
Interesting day / week ahead, though all those cowering under the table, can come out now.
Good luck to all on the open, lets hope some common sense digs in way of support.
Regards W'

Some bulldozers moving dirt today.
Estimates of a 91 big ones headache spreading into the 4 big banks lmao - twats !
Just a quick log on as I could not resist the temptation, grabbed more at 155.52 and well chuffed.
not looking for a "smelly Finger" either, just not missing what I see as opportunity .
Mrs Wolf's in my ear as I promised to be focussed elsewhere this week and all she's heard the past 2 days is "WTF?" lol
See how this pans out over the weekend, few people covering their backsides I'm sure.
Must dash, GLA

Hi to all below and potential "Curtain twitchers" lol
Just a very quick in and out as otherwise pre occupied this week.
Just adding my paws worth, as previously mentioned it was looking like a sneaky short.
No I didn't post when it triggered my end as I was not taking up the offer myself (First one I let slip in a while) though I if I had I would be closing it now on "Old faithful" the 200.
Did clock the post from The Reducer, think most of us can empathise there.
@Reducer the AGM's a good time to vent your valid opinion, let me know when its you up speaking and ill chuck a few "Here, Here's!" in from the hecklers seating.
Once things for certain I do not know one long term investor that does not feel cheated owning 541t3 Barclays these past years.
GLA and paws crossed for a bounce off the 200.

Hi to all contributing on here this week.
@Mr A - Very kind offer sir, may well take you up on that offer. A celebratory dinner for when Barclays shares finally rally.
@ JayK - Not the dark side. . . as for scalping, well (deep breath and a sigh lol) the only time foul language echo's around our den, is when Im scalping.
To me scalping has always been more of a buzz than constructive trading, bit like when we were children and told not to lick batteries and we still did !

Back on track, bit of a sticky wicket here at 176 Half tempted to play a short, just waiting for a few signals for confirmation though.
It does appear to be making a triangle and could very well fall back in to 160's if we do not see a push.
Just lacks momentum atm, which is never a good sign.
GLA

@ Mr A - Sorry but your local Star of Bengal's a tad far my ole paws chap lol.
Though one can highly recommend The Regency Club,Queensbury Station Parade, Edgware if anyone likes traditional dishes. Over the years we have tried most of the popular (word of mouth venues) only one that I ever recommend is T.R.C.

@ JayK - You will never make a Jedi if you do not trust the force i.e Elliot wave, EMA and Mr fibonacci lol
Combined with a Bear or Bull Flag, to me is like sitting at the traffic lights on some plotted charts.
Can honestly say I would not place a trade on macro or gut feeling without plotting out a decent chart first, which always includes an old school E.W
Which leads me to wish you and others a good afternoon.
Didn't manage to get the action off the Dow I was hoping for so i'm off, handing over to auto pilot lol
GLA

@ Zebbo - Nice.
Thats was a lot less painful than some of us addicted / inflicted holding Barcs lol
Always nice to read when others take profit, keep out of that Rolls Royce show room once your Barcs shares clear in your account lol
Well done.