Member Info for ToffAppleton1

Fleccy

“Well i've just moved £40 grand into my share dealing account and i'm looking around 135p.”

You claim to be buying into BT every 5 minutes, which beggars belief. You’re either exceeding rich or you’re not being entirely honest. If you were to add all of your BT trades up it would amount to an astronomical eye watering loss.

Are you sure you’re not just making it all up in the belief other people will but in on the strength of your unbound confidence?

And surely you’d have run out of money long ago after all those BT trades wouldn’t you?

Unless it was you who won £107 million on euromillions.

Lamtree is actually right when he says he wouldn’t but into BT for £1 but he’d buy in higher if the SP started to climb. That is one of the fundamental rules of share trading- you don’t buy into a share in terminal decline - one what plunges even when the Dow rises by over a thousand points.
I’m not saying I agree with the market makers valuation of BT but they are the ones who decide ultimately. And it’s obvious they hate BT and are determined to mark them down to £1

And why stop there. They could go even lower.

And I don’t want to worry you, but I’ve witnessed investors get wiped out by going all-in to one share, countless times over the years

Yell
HMV
Carillion
Etc
They all had ultra bullish investors too
And they lost everything.

Toff

Fleccy

“the price action suggests it may be around 135p.”

No, the price action suggests ever-lower-lows. Bt breaches a new low almost every single day.

And you know where that’s leading don’t you?

£1

Toff

Velo

« It's just flashed up - The DOW has closed up with the biggest point gain - ever! »

And BT still plunged! And will do so again tomorrow!

Death!
Sun sets in the west!
BT falls when market is open !

Perhaps not in descending order
But all of them certainties!

Toff

Yet again. The market makers marked up the same heavily weighted stocks so the index would rise with other global markets; while aggressively marking every other stock down. When other global markets rise, almost all stocks rise with it - not so in the ftse. The Dow could go up a thousand points and 80 percent of the ftse would fall.
The market makers are controlling the index by lumping all the gains on the same few heavyweight stocks to move the index up, while relentlessly beating all others down.
BT is beaten on an up day and beaten on a down day. You can just feel it in your bones - the MMs are just waiting for the slightest bit of negative news or yet another (overdue) deutsche bank downgrade to smash BT down another ten pence in a day.
I don’t agree with this but I do see it as inevitable. The uk market has far more in common with a bitcoin scam that it has with other global markets. Watch tomorrow. Any gains will be lumped on miners and one or two others. The irony there is that they’re the very ones most exposed to China.

I wonder shen BT hits £1 if Velo will still be waxing lyrical about it being the best thing since sliced bread - my guess is - absolutely yes.

Plus ça change

Toff

Whenever the ftse does rally about the only stocks to rise are the miners and a tiny handful of others. Heavily weighted stocks. All the rest just drift ever and ever lower. When you strip them out the index actually still falls on any given day.

Reason for this is simple; the market makers are allocating all the gains to a handful of stocks while smashing the others down; there’s no other index where it works like this - a rising tide lifts all ships - unless you’re unfortunate enough to invest in the UK of course.

Toff

Fleccy

« That's a bit unkind Toff, Velo puts a lot of effort into his posts « 

It’s just that a lot of what he posts is irrelevant. Don’t you find the running commentary of the ‘past’ shareprice action tedious and overdone to the point of obsession?

And talk about an eternal optimist. If you can put a super positive spin the the ftse’s biggest dog, you could wax positive about the coronavirus.

Velo

“Current markets FTSE & Germany now given up the gains and down in red.”

And England won the World Cup in 1966
But no ones needs to be told about that either

Toff

Darth

VIX, the fear gauge rising,..

When there’s volatility it always drives markets down.

It may rally at times, as it did this morning but traders sell into the rally and it reverts its downward trajectory.

Toff

Lamtree

“Anyway,I'll leave the board free for you experts now.”

I’ve already discovered you’re using an antiquated computer with no spellcheck to post.
I’ve also extrapolated from that that you’re working from a basement boiler room in a dinghy building somewhere; most likely selling fake bitcoins and shares that don’t exist, to unsuspecting suckers.

I’ve seen these boiler room operations and they often employ chancers with no qualifications or education.

You certainly fit the bill.
You meet all the criteria.

Toff

It looks as though the market will start where it left off last week. Futures are looking decidedly lower.
Lots of bad news over the weekend will ensure plenty of panic and volatility tomorrow.

And for those of you that don’t know - or are unable to learn - Volatility is ALWAYS down.

Toff

Lamtree

“Every keyboard has a spellcheck if you’re using a smartphone manufactured after 1998? “

But of course - you’re not posting from a smartphone, you’re posting from an old computer keyboard. No spellcheck. And no automated program to help you with your grammatical and punctuation struggles.

Sherlock has just guessed the weight of the cake

Lamtree

“I can count,you cant and your only saving grace is useing spell check,”

Every keyboard has a spellcheck if you’re using a smartphone manufactured after 1998?

But presentation in the written word is about much more than that. It’s about sectioning paragraphs to emphasize meaning . Double spaces after commas and periods please . Eliminating solecisms and grammatical faux pas if you aspire to sophistication.

I can see you’re struggling but if you want to be taken seriously delivery is essential.

Toff

“I think you should call the samaritans Toff”

And I think you should get an education Lamtree
You try and lord it over people but that’s never going to happen while you’re illiterate and uneducated.

Crossing the class divide takes more than a fully paid up membership for the Tory party. It’s a bridge someone with your intellect will never cross - that’s for sure.

Toff

Velo

“Buffet puts it more prosaically, citing fear & greed; you know how that one goes.”

Maybe we come from different worlds, different schools, different backgrounds, but I find the content of your posts crude in the extreme.
Full of primitive ignorance.

For instance - fear and greed

Are one and the same - but you believe them to be opposites

Greed is defined by the educated classes as the “fear of missing out” - NOT the antithesis of fear to which you allude - so in actuality fear and greed are one and the same (indistinguishable)

So markets are driven solely by fear - not by greed and fear. for greed is nothing more than fear of missing out.

That’s lesson one
Lesson two is:

Don’t repeat cliches like a parrot. Cliches are often erroneous reasoning; a lazy man’s substitute for thought; recited by the masses as conventional wisdom but often the polar opposite of truth.

Lesson three:
We’ll leave for another day
Another post

Toff

Lamtree

“get real bobetts”

Get real Lamtree. To even think there was short covering on BT today proves you know FA about market dynamics. But to actually post it and share your unparalleled ignorance with the world..

Well that really is something else.

C’est n’importe quoi

Toff

Lamtree

Dont get too excited it'll just be the shorts closing or covering”

How little you know about markets. As if short covering would occur on one of the worst days in the market’s history.

Don’t give up your day job...

Toff

Just to put the drop into perspective. The ftse dog’s percentage plunge today is equivalent to a fall of about 1200 points on the Dow

No index beats the ftse dog on the way down.

Toff

Dow looks set for another thousand plus points drop.

No surprise the ftse is out falling the Dow. It didn’t follow the Dow upwards but it’s more than making up for it on the way down:(

Toff

When

BT is the star performer in your portfolio...

Toff

Lamtree

“People suffer and die 24/7 (its quite natural)”

Is it really?
I never knew death was natural:)

Toff