Member Info for Redtom

Ken, with the weekend ahead, I couldn't resist. I can sleep easier too! Good luck

I'm out too. What a great day. Another £3k profit for a couple of hours work. If only every day could be like today.

Like Ken, I prefer 5p+ so as to book a decent profit.

Ken, I only got a few at that price. Picked up quite a few around 292- 292.5

I picked up a few at 291.9

I'm hovering up lots at 292

Ken,

I think currency movement off the back of Brexit are going to be the main impact to GLEN. Obviously a big rise or fall in FTSE would drag GLEN with it but no business impact to speak off.
Given most of GLEN's earnings are USD, a big movement in cable would impact GLEN.

Thanks Dibeg, I will check it out.

Dibeg,

Sell me the story why CARD is such a good buy? I don't get it.

Yes, the FTSE short ticked up nicely. Sold out half for nice little earner.

I think we will see a cautious reverse later today.
I've just taken out a FTSE ETF Short on this basis

Dibeg,
I'm exactly like you right now. A chunk of cash with a cautious approach but looking for a quick bargain if it presents itself. Good luck.

Guys, I sold 90% of my holding acquired earlier in the week. I couldn't not take a £10k profit after a positive week. Still think it may go higher but I wanted cash in the bank over the weekend. Don't trust Trump and the shutdown and I've no idea what will happen to Brexit. I suspect that Prime Minister Corbyn is not going to help my portfolio.

Ken, you wish!

I'm staying in. This has a feel of momentum behind it. I see 300+ sooner rather than later.

Billy,
No, that was about 15 deals. Could not get any volume so just did rapid fire deals of 5000 or 10000. Took about 10 mins. Anything bigger was so badly priced.

Ken, That's my thinking too. Sure, I could lose £20k next week if Brexit spooks the market or Trump has a go at China again, but markets have generally priced in a lot of bad news both domestically & internationally. This will creep up (but not is a straight line) into the 300 to 350 range this Q. I have no doubt about that whatsoever. But there are also trading opportunities - some u win, some u lose. But come end of Feb, we will be in decent profit when it stands at 320.

But one of my other investments is going t*ts up big time. Got myself caught in an ETF which is 3x geared to Natural Gas prices. US weather is warmer than usual and the price has plunged over the last month. Causing me a lot of ouch. All fun and games in this market!

Picked up 100k this morning around 288.2 which bring my average price down from my slightly premature (why couldn't I wait a day!) entry yesterday afternoon.

Decided to get back in. Hoovering up small lots to ensure I get keen prices. Today is a good buying day.

Ken,
I'm not convinced we will see 300p today. Running out of steam unless US announce something today. Would not be surprised at a slight softening this afternoon.
But next week is a different matter. Would expect 310p at some point next week.