Member Info for SadAct

sold some ocdo at 1305

I see CNC have gone down to 60p to buy.
I am agonising over NCYT, I could sell at 29% profit but think they will go up further, ho hum

O: I would suggest having a look at the IG trading platform, I have knowledge of only ii (previously TDWaterhouse) and IG so maybe I am not a good guide. I cannot recommend ii. Since introducing their revised platform recently, it has become easier to trade as I get more used to it. Their charts are good (whereas ii pushes you out to MorningStar for charts with attendant delays in loading). IG have no regular "platform fees" if you are an active trader (3 trades per month?), also their commision is only £3 per trade.
You could use one of the price comparison sites to compare several MMs.

I'm reluctant to sell MCRO T, I am doing too much churning on them and keep getting it wrong. If I sold, they are guaranteed to go up!!

Perhaps I just have execution withdrawal symptoms, you know I need my daily fix of 25+ trades.
Certainly have got the blues. Talking of blue, is it my imagination or has the air quality already improved noticeably since reduced flights and traffic?

Good plan O, I've done two things this morning, regretted both instantly. Bought MKS on friday at 107, another mistake. Rapidly losing my bottle.

FINALLY managed to buy mcro at 385.3. I can only see them at max of 410-415 today.
Sold PLUS. Didn't sell NCYT, price went up 30% but couldn't get a sell price which would give me more than 5% profit. aaarrrhhh (even using limits...I was ignored)
Also on FEVR, could not sell at 975 when I was trying, again tried a limit below the current sell price without success.

43o for macro, nice but I feel it's a bit optimistic.
I am having problems buying and selling, won't accept it when I accept a quote on 3 stocks.

I had BAA shares at the time they were taken over and I seem to remember it was by a Spanish company but don't know what happened since then.
Good Luck today Brigade.

O: When you said "Its the game of governments to reassure without actually committing to anything", it reminded me of something an american friend used to say:
"The Canadians will offer the Americans any kind of support up to but not including actual help"

G: I think your wife may well have spoken some words of wisdom. We're not married but been together 43 years, when she says "sell" I ignore her at my peril, ha...she never really says "buy"! Interestingly, when my elderly cars used to breakdown, she would immediately say one of two things.... either (a) "muck in the carburettor" or (b) "loose wire" and guess what? She was usually right.

Have just been doing some mild reserch into the supermarkets relative share price performance. It seems to me they are a defensive stock in present circumstances. I sold MRW during the week and on friday bought back into MKS. I see MKS food as puting them into the general supermarket category. Having looked closer at MKS, MRW, SBRY and TSCO, I think I would rather be in TSCO right now on account of their size and the fact that they seem to have fallen farther lately than the other 3.

Until more information, I expect a gentle recovery upwards may be after a short lived shallow shake. Optimistic I guess but somehow I don't think we will be seeing prices starting with £11 again. I'll stick my neck out and define £12.65 as their bottom price from now.
Just tried to look at OCDO (revised) website, It requires you to register or log on to continue. I was disinclined to do that so will wait for a report from Capt Treacle.

Have finally gone through my figures for the week, made nice gains on most but bad reversals (my new word for losses/reductions in shares) in FEVR, MCRO and ASC and the unmentionables, TLW and HUR
On OCDO I increased shareholding by 14.1% so sort of happy.
My gain on PFC was certainly aided by it being a non stampy as I was buying and selling on smaller changes of price.
Good weekend to all, it's sunny here.

G: with OCDO yesterday, after selling my 2 tranches at 1514 and 1483 early on I bought back one tranche at 1429 and later the second tranche at 1430. Just before the close I bought some more at 1330. My average is now 1415.

T: My increase in share holding of 20.7% in PFC over the week is when the price actually dropped 2.2% from open on Monday am to close on Friday. It is even more remarkable when I found that I missed the massive opportunities on Monday and Wednesday. My figures for OCDO are not in yet (IG platform is down for maintenance) I feel are not very good and I would have probably been better off doing nothing but holding for the first 4 days of the week and then selling on Friday (would have increased by about 50%!). I am reminded of the phrase "Hindsight is 20:20".

G: No didn't work in oil industry, I was a software engineer. You wouldn't believe it if you could see the mess my dealing records are in. PFC was trivial but trying to calculate OCDO position when I started dealing in three tranches using 2 dealing platforms IG and ii. I swear I must simplify things...if only to satisfy the captain.
With OCDO today it seem to be obvious to me that profit taking would have a big effect, OCDO achieved their all time highest price and when you consider how the market has gone down, their price was stretched too far, but I didn't want to believe it. I started to have a feeling of dread. I could have sold at about 2pm, as the afternoon got underway, I knew there wouldn't be a rally but I hoped I was wrong. Add in that natural instinct to not sell for less than you paid and I was doomed. It's emotional really, perhaps I should write a computer program that offers advice to me! Ha! It's a joke really as I posted early in the day to look out for these effects.

Started to go through my records for this week and pleased to announce that one of the shares PFC, I only started to trade this week and I now have 20.7% more shares than I had on monday, these multiplied by todays sell price comes to over twice my weekly target alone.
I know you would hope to be getting 20% in two days from certain shares but I am happy with this result. I can't wait to analyse other shares and other weeks, I already know there will be some bad news in there where I have reduced the number of shares.

O: I do more smaller trades, when I see a reasonable profit I take it, it all adds up.
bought MKS at 108.13 sold at 112.2
bought MKS again at 108.8 sold at 112.35
bought it again at 107.19 hoping for a monday rise.
This brings my number of trades to 30 today, actually it is a record for me I think.
Possibly stupid but right at the close I bought OCDO at 1330 to get my average down.
Well done on your US trusts sale. Have a good weekend

Did another buy and sell on MKS for another 2.7% profit. (Note to T, just on my side trades today I have made my weekly target). Yes I did sell MCRO. Bought back FEVR (boo hoo, fewer shares this time). Bought back PFC for 1.97% more shares
at 28 trades now, can I stop? Can I?

G: Haven't really got a particular figure in mind for SAGA but I have been in them off and on for a long time. They owe me some money!! One of my many failings is that I am inclined to get "revenge" on a share where I have made a loss. Stupid I know but SAGA move about a fair bit, very volatile so I have a feeling that I can recover at least some of my losses.
I am doing a treacle on them and keep plugging away at spike and shake trades (when I am not busy on other shares) and gradually building up more and more shares.

Starting to worry now, Got a feeling I should get out of OCDO, I don't like the look of things. Worried that profit takers will draqg the price down a long way. On balance, I would rather have only half what I have got but reluctant to sell at below what I paid.