Member Info for ParanoiaBlue

..but I expect a retrace downwards, fairly soon. PS Chris - you really are full of the "golden stuff!!"

:)

..of something good, its been a long haul so far?

I’m just scared that the glubbermint – interfere with the market –by pumping some cash into the car industry which should be allowed to die in peace. Watching for now, probably until after the Budget

..non-long, mate. I'm still thinking clearly! Just waiting for the sun to come out up here, in the wild North!

"Shares in fashion retailer Next rallied 68p to 1,299p after Shore Capital reiterated its 'buy' recommendation for the shares, ahead of the group's full year results due next Thursday. The broker is forecasting pre-tax profits of 422 million pounds (prior year reported 498 million pounds) with the consensus at 429 million pounds. For 2009/10 it anticipates pre-tax profits of 380 million pounds with consensus at around 360-370 million pounds according to Fidessa. "We have a 'buy' recommendation on the stock as we feel the current valuation is undemanding for such a well run, high returning company with strong cashflow," it commented. The shares are trading on a Jan 2010 forecast PE 8.9 and EV/EBITDA of 5.4 versus its FTSE100 peer group of 13 and 6.4 respectively. The shares also offer a yield of 4.5%."

..down down, diddly down!

Whatever you think. After all the hilarity of last night, we are now coming to close to one of my next spot contracts opened a couple of weeks ago, and left at $960. Now if gold were to break to say, $965-ish, and was oscillating a little, I’d cash it in, and then wait for a retrace. If it, then, kept hiking upwards, I’d wait for an inter-day drop, and get in [losing maybe that $10-20 differential from that previous sale ]. However as I’ve said before, I don’t worry about sitting on massive “paper losses” but it is not for everybody! You could, perhaps, think about a “modified approach” that you feel happy with! PS I’ve always been a “bit of a nutter”! ATB

Honestly? If you are profit - I'd move it up a lot closer to lock in. Gold can be "very spikey" even on normal days! [$30-40]. I believe the utimately the trend is upwards - but it is a staircase not an elevator! Plenty of opportunities to get in/out! ATB

Stop too close :{ I hate them, but hey, a profit is a profit!

short.

Re: LLOY - it has gone ballistic [financial jargon :)]

Hi. I’m very bearish about the whole market, especially re: property and retail etc.. So I’ve a lot of short positions, over a wide selection. I may be incorrect with this particular one, so be it. However if it drops a little, again – I’ll take my profit, [or, loss as the case may be] ATB

"Brixton also sees its price target cut, from 110p to 80p, though HSBC has upgraded its recommendation for the stock from “underweight” to “overweight”. The cash-strapped commercial property group’s shares soar after it sold two buildings forming part of its Kingsland Business Park in Basingstoke. for £6,999,750 in cash, slightly above the December 2008 valuation." In short - reality should return!

ARM Holdings encounters selling after Goldman Sachs removed the chip-maker from its “buy” list.

"Property firm British Land said its rights issue to raise £740m received 96.57% take-up. The group said the two for three new shares at 225p each, which was a 53% discount, received 329.1m valid acceptances."

Probably correct :) Just closed my short position 5 minutes ago. So waiting on the sidelines again, for now. But I will be back !! ATB

Trish Corzine 55,986 @ 140.0p [£78,380.40]

..if we can get to 30p by the end of the week.

...loving it!