Member Info for Rookie1

Hi onelongrunner,

What are you expecting In Q1 results? As far as I’m aware they would be no better?
Genuine questions as I’m not sure if I’ve missed something

Me too Lee, my shorts are ablaze! Strangely not worried yet though.

Good points as always mr Altruistic. I do fear this really is the end of the high street as much as I hate to see it.
Not just shops either, how many gyms etc will never be the same again because of the media’s scaremongering? It really is a worrying thought, people are happy to live at home and have food delivered to them at the click of a button from supermarkets, takeaways 24/7 delivered within minutes, and for everything else there is Amazon!(which I refuse to use for that reason)
We are heading for an age of ‘corporatism’ if we are not careful and its not a future I like the sound of.

Onelongrunner, I couldn’t beleive the strength into close to rally back over 180, I really thought Barcs would have closed below 178 to be honest. It’s red or black at the minute I must admit.

GLA
Rookie

Actually thinking about it much more likely to be buys? Can’t see mms taking them size trades on at a premium to the bid

Looks like some huge sells gone through In the last 48 hours of trading, could possibly be buys at 68p though, is there news lurking?

To close all their 61 stores affecting 603 jobs, not a major but but it’s a sign of things to come IMO

Sea of blue!

Hi Onelongrunner,

I agree, it maybe be bravery or stupidity but my only worry is being to early to the party If I’m honest.
Coming out of lockdown which is an event that has never been seen before and that has required wartime spending to maintain a functioning economy( if you can call printing money for people to stay at home an economy)
And yet here we are, pre covid levels and the ‘profit’ Barclays made this year is nothing but furlough money which you and I will have to pay back. One big debt carcass of furlough and bounce bank loans ploughed back into the stock market from newbie investors to create the biggest bubble we have ever seen.

The level of QE we have seen this year and with the consumer demand that awaits is a gaurentee route to hyper inflation. Why do you think Bitcoin is at ATH? You can’t make more of that will nilly so it can actually retain a value. Instead I’m buying physical gold and silver and shorting banks.

This is all before I express my concerns about the people advising governments across the world, they are not to be trusted and are constantly move the goal posts.
One minute it’s about protecting the NHS and now the focus is back on cases and mass testing, Mass testing =more cases with the highly innacurate pcr tests.
I don’t trust that the goal posts won’t be moved again as they have been all year. Italy is going back into lockdown and Germany is saying they are starting a ‘3rd wave’. The goal posts will get moved again.

I have been questioned a few times on here about why I am bearish on banks and have given my reasons, now I’m interested to hear about the bull case, I don’t see how so much money can’t just be created and swept under the rug and people are so bullish with that like it has no implications. Why is the share price higher than pre covid? How is that justified? What happens when furloughs removed and people’s jobs are gone because the high streets are crippled and won’t get any new investment in case this happens again? I really don’t get the positivity at all..?

Thanks AMT, that’s helpful to know. I’ll be checking it daily now.

Didn’t even take a breather today, every drop was bought into, relentlessly. Absolutely incredible really, I’ve never seen it be so defiant, it certainly isn’t whenever I’m long that’s for sure.
Well my short is well in the red now but not going to panic just yet, very overbought now imo.

Wow, hadn’t checked on it in a few days! Lovely stuff.

T.A looking like we could turn upwards for a mini bull run next week, first target 60p.

Guys, I bought in so don’t expect any rise in share price any time soon.
JSE not budging even with $70 oil? Who’s selling? I’m expecting a tr1 soon

Whenever I google it I get all sorts of everything but the actually chart or apps.

Good to hear AMT, thanks for the update,where do you find this info?

My shorts are on fire! Crazy times to see this up at 1.80

Yep, US keeps nudging the FTSE up, I would say it can’t last but you never know. Any hint of a red day across the pond and I think that will set Barcs back a bit. With the technicals on the high side I can see a short term bear run

I should add if it closes below 173

It’s possible.

However ftse has struggled massively today even when the US is so high. Barca technicals suggest over bought and I think this is the reversal, I was just a bit early to the party. I could be wrong but I see 155 in the next week or so

Atleast the ftse actually reflects to some degree that everything is not rosey, the US markets are the falsest ive ever seen, they only go up regardless of the state of the economy, that’s a big bubble waiting to burst and send shockwaves through the world.