Posted in: CKSN
we thought something else was in the mix! Bit surprised actually............like ME says, lets see where this settles!
Posted in: CKSN
happy new year to you too! :0)
Shortly after the iii.co.uk article (the one I posted earlier, these shares lifted from a low of 75p back into the 150s again which was interesting - I wish I had been on that ride! Lol! CKSN have also been tipped in the broadsheets of late too, so I wonder if something new is rattling investors?
Anyway, like you say - keep us informed if ya found ouwt out!
Posted in: CKSN
afraid not..............the transaction for 210,285 shares just after close was the uncrossing trade and Barc stockbrokers is showing the buy of 100,000 shares at 16.54hrs as a sell!.......Oh well :0(
Posted in: CKSN
Yeah, think it might be going a bit lower......?
Posted in: CKSN
for a long time. Made money last year when the trading range was completely different to current range.
For those of you wanting more info, try this link from late November which is the time that CKSN shares reallly started to slide after their profit warning.
I am currently looking at the technicals for CKSN to see whether to long or short and at what level!
Hope the article helps :0).
Posted in: NBPO
Whoops................just seen this and it's now October!!! Lol!
If you are still around, this was one good decision I made - I sold these shares at a high when all the news was about shortages of palm and soybean oil etc. etc. This share has fell spectacularly now along with all commodities - hope you didn't get burnt.
I got this sector right and the financials not so right........
I've got "little" shorts open - one's a May future and one's a June future though so I don't need to close them yet and I still believe I should get some profits. My lowest one is at 6108 and if the market does hold above 6100 then I might have to take a little dip on that one....I put the other on today at 6200 so hope to take some profits on that one more easily - I'm in profit now as the Dow etc. have just gone negative. I thought there would be some general profit taking today and the FTSE has pushed through the 6200 mark with quite some vigour but has also just bounced off it again as the US goes into negative territory.
I still think overall, the market doesn't want to go down, but on the way up, theres usually some ups and downs to trade on :0)
I read a feature on iii.co.uk I think that the FTSE would hit about 6180 ish at the end of this week, then slide..........!!!! I hope the "slide" bit is wrong, but I quite fancy a 100 point bit of a slip!
The it can go up again :0)
Sorry your trade didn't work - was it a FSTE daily? I always get burnt with those....might be best trying a Future next time.
Have a great bank hols
Oh I'm addicted to these "little" FTSE Shorts............lol! I'm in again at 6108 - the US Jobless claims were v. poor - see below:-
MARKET TALK: Weekly U.S. Jobless Claims Soar
News update 2008-05-01 13:40
1237 GMT [Dow Jones] The number of US workers filing new claims for unemployment benefits soared last week while those drawing benefits for more than a week cracked the three million mark for the first time in four years. The data point to another decline in monthly payrolls for April. Initial claims for jobless benefits climbed 35,000 to 380,000. Economists had expected an increase of 18,000. There were no special factors, a Labor Department analyst said. (RJF)
Happy for small profits again and this is a FTSE June future short so I have all the usual options open to me as I've explained in previous postings (i.e. averaging up for shorts and down for longs etc.)
Major - I'm with Cantor Index, spreads good on some things but not on others. I'm thinking of looking into CMC Markets too for a second account as they advertise themselves as having tighter spreads! I have spoke to someone their and they seem cool - I did have a 7 day trial thingie on my desktop but I let it run out before trying it! Why don't you ask them for the free trial?
Re' your post last night (sorry just logged back in today!) - would you believe that after such a good call, I bloomin' missed the 50 point profit!!!! I was out and about and when I got back I'd missed the big profs. I did however close my short immediately after the FED decision last night as the markets dipped momentarily before they shot up for a time. Got 15 points only but still a profit :0)
I wish now I had popped another short on when the Dow etc. rallied for a while as it dropped off again by US close last night and hasn't really recovered again today.
IF the FTSE goes anywhere near 6090/6100 again, I'm sure I'll pop another "little" short on again, but today might end up being a down day - it's just static at the mo.
HBOS not really one I watch closely - markexpat seems pretty good with that one.
For FTSE short, theres 2 hurdles which may wobble the markets more before the FED, 1) US Mortgage Appliactions data at 12.00 GMT and a biggie at 13.30GMT - The US GDP!
I think the FED already knows what the GDP is and this, along with all the other economic data will have influenced their decision. I think they'll cut .25 basis points and signal in their accompanying commentry that this might be the last cut for a short while at least......I also think there is a risk they won't cut and If this were the case, I think the markets will dip.
I think .25 cut is priced in but the markets could rally a bit :0)
Yes I think it could rally back up - see my earlier views on here which explain more fully.....my post of 10.35am today shows my strategy - well that's what I like to call it anyway - lol! These things can so easily go the wrong way........
Well, I've popped another "little" FTSE short on at 6090 this morning, even though I said I was going to wait until after the FED rate decision - lol! My strategy being that as usual, I can average up if the FTSE shoots up to the next level OR take a bit of profit at least when it goes down.
If the FTSE does go up to the next level,I also have a hedging strategy to pop another seperate one on (with another spread bet firm or on the June future instead of my current May future) at a higher level :0)
I agree that theres so much going on right now that FTSE is hard to call - hence I closed my FTSE short after just a 30 point profit (so did wilbur - see below).
The FED will be the real market mover for everything......if they give a .25 cut on Wednesday the market should be satisfied, but the $ may take a hit and oil may creep back up. If they don't cut (which is an increasing though unlikely possibility) I think the markets will dive or certainly wobble properly, but the $ would gain and oil may come down further....
I'm currently mulling whether to stay on the sidelines until after the FED decision (this will be after our close on Wednesday) then decide whether to short or long OR if the FTSE Future goes into 6100 land again this evening (cantors keep the odds running after our close) then I might pop a "tiny" short on (so at least I'm in if there is a dive!) but also I could average up with a bigger stake should the FTSE pop into a new range (around 6150- 6250)
And of course, the US GDP (1st qtr) is out on Wednesday well before the FED meet and during our open hours - this will also swing the markets around.
Hey hey - got something right - lol!
I've just closed mine, happy with smaller profits for now as I am still unsure which way the FTSE wants to go.........I'll re-visit it after the FOMC meeting! It currentlt looks like the FTSE has some support at around this 6050 level, so waiting on the sidelines again :0)