Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.
  • Page:
  • 1
  • 2

Traders Thread & Thoughts - Monday 22nd March (SHEL)     

Crocodile - 21 Mar 2004 15:52

UK PreMarket Futures FTSE -35 DAX -35 DOW -24 S&P -2.7 Nasdaq -5

1 Day

2 Day

 5 Day

UK News

draw?period=1D&class=class+com.deltastre   draw?period=1D&class=class+com.deltastre

draw?period=1D&class=class+com.deltastre

Gold/Bond Pivots Markets  Futures Translate
markets.gifquote?rand=3111

 

1 Day 2 Day 5 Day  US News

globex.png

S&P Futures

Nikkei  -237    Hang Seng -100  Asia News

DAX CAC  Euro News
News: Sorry Your browser is not java capable weather.gif

Northern Foods said it expected to report results broadly in line with expectations for the year to the end of this month.

Wolseley the world's largest supplier of plumbing equipment, said first half profits rose by 21 percent to 226.3 million pounds, in line with estimates, and it saw the U.S. industrial and commercial markets improving.

Ebookers online travel agency grew 90 percent in 2003 as it announced its first ever adjusted pre-tax profit to 1.3 million pounds and said that 2004 had got off to a strong start.

Forth Ports posted a better-than-expected 12 percent rise in annual underlying profit and said it was confident of earnings growth in 2004.

ukf.gif Calendar: United Kingdom
usf.gif United States (GMT)
euro.gif Europe & World (GMT)

 Aero Inventory (I), Hit Entertainment (I), Inventive Leisure (I), Kier Group (I),Ashtenne Holdings (F), Churchill China (F), Collins Stewart Tullett (F), CSS Stellar (F), EBookers (F), Enterprise (F), Forth Ports (F), Hiscox (F), Hit Entertainment (F), John Laing (F), London and Associated properties (F), Maclellan Group (F), Pennant International (F), TripleArc (F), Venture Production (F), Wolseley (F), MyTravel Group (AGM)

Carnival Corp Walgreen Co

17:00 Core PPI Feb DATE TBA 0.1% 17:00 PPI Feb DATE TBA 0.5%

France Telecom

Croc@SnappyTrader.com  WWW.SnappyTrader.com

Data

Calendar

US Zone

HTML Edit

Currency Calc

Melnibone - 22 Mar 2004 09:16 - 11 of 34

Morning all,

FTSE down to the last swing low, there will also be some more
support around the 4330 area. It needs to hold around these levels.

US is also near the DOW/S@P 10,100/1100 levels which it needs to hold.

Should find out soon if we're making lows or changing trends.

Melnibone.

little woman - 22 Mar 2004 10:19 - 12 of 34

Melnibone - could you take a look at ANGL (Anglo Irish Bank). According to the research section of this site the dividend yield is 150% - as the companies dividend is higher than the share price! I'm going to check out some other sites - but can you let me know what you think? (I have a friend off to IRAQ at the end of the week, and want to know if he should sell now, or would it be OK to hang on until the end of the year when he returns to the UK).

Crocodile - 22 Mar 2004 10:23 - 13 of 34

Short WOS still & FTSE
D.

Melnibone - 22 Mar 2004 10:31 - 14 of 34

Hi little woman,

I'll have to do some more checking but I'm under the
impression that ANGL is priced in Euros.

Maybe some confusion here between the currency quotes.

Melnibone.

Melnibone - 22 Mar 2004 10:36 - 15 of 34

 
4600
X
X X O 4500
X O X O
X O X O 4400
X O O
X X 4300
X O X
X X O X 4200
X O X O X
X O X O 4100
X O X
X O 4000
O X
O X 3900
O X X
O X O X 3800
O X O X
O X X O X 3700
O X O X O
O X O X 3600
O X O X
O O X 3500
O X
O X 3400
O X
O 3300

FTSE has now made a double bottom on the PnF Chart.

If it prints 4300 then it will do the same as the Eustox50 and the SnP

Care required here for shorts or longs.

Melnibone.

Melnibone - 22 Mar 2004 10:43 - 16 of 34

little woman, I think I'm correct.

Yahoo! quotes ANGL on the Dublin exchange in Euros
with the divi in Euro Cents.

MaM is quoting the price and the divi in Sterling Pence

Please double check before making any decision.

Melnibone.

Melnibone - 22 Mar 2004 11:48 - 17 of 34

I see the 4330 support level I mentioned earlier has held.
All depends now on how spooked the US gets on the killing
of the Hamas leader.

US and UK are still on support. Selling volume in the US was
heavier on the US stocks but now seems to be lightening off
a little.

A lot of the UK Blue Chips I trade are still holding on support.
As usual, everything is on hold now for US direction.

GSK hasn't dropped that much today considering the general fall.
What do you reckon Fundamentalist and Little woman?
Signs of bottoming or just recovering a bit from last weeks
sell off?

Melnibone.

Melnibone - 22 Mar 2004 12:11 - 18 of 34

Keep an eye on LGEN that I mentioned further up this thread.

October low seems to be holding and it's trying to go positive
on a down day. Don't forget the ex-divi next week circa 4%.

Melnibone.

Melnibone - 22 Mar 2004 12:40 - 19 of 34

Lot of large trades going through on SKP at the bid price
which is dropping the share down.

Be interesting to see if some news now comes out into the
public domain after some folk have already adjusted their
positions.

Melnibone.

little woman - 22 Mar 2004 12:54 - 20 of 34

It's times like today, I miss not being able to short!

After never giving me a moments worry over the last 6 plus years, my work computer is not happy! I've had to restart 3 times, but it seems to be OK now.

Fundamentalist - 22 Mar 2004 13:36 - 21 of 34

Mel

news often comes at 2pm prior to the US opening rather than early morning on this share - could be an interesting next hour

zarif - 22 Mar 2004 13:44 - 22 of 34

Hi everyone.
Fundamentalist - i have sent u internal mail by mam.

rgds
zarif

Fundamentalist - 22 Mar 2004 13:58 - 23 of 34

Zarif

tx, you have return mail

Fundamentalist - 22 Mar 2004 14:31 - 24 of 34

Mel,

just looked at the SKP trades from earlier. Three trades all at 63.5p for 400,000 , 1,284,150 and 1,684,150. looks like a rollover or a transfer to me - I think if 3m shares had been dumped this close to results/annoucements the price wouldn't have held. Any thoughts?

Melnibone - 22 Mar 2004 14:41 - 25 of 34

My only thoughts are that I don't know what SKP are going
to announce or when.

It's in half way house at the moment in between support and resistance.
Therefore I won't take a position. If I call it wrong there
is the danger of a large % move against me in a very short
space of time.

There are plenty of opportunities out there at the moment, so
I don't see the point in taking an unneccesary risk.
If it soars, it will retrace as folk take profits, if it crashes
it will bounce as Bears take profit and bottom fishers move in.

Best for me to wait and take one of the above options.

Melnibone.

Melnibone - 22 Mar 2004 14:44 - 26 of 34

little woman,

assuming I was correct, how did your friend take the news
that the stock price was in Euros and the divi was in cents?

What did he/she decide to do?

Melnibone.

stockbunny - 22 Mar 2004 14:59 - 27 of 34

Anyone think we could hit as low as 4300 today?
I hope not, but it's not looking encouraging.

little woman - 22 Mar 2004 15:05 - 28 of 34

Melnibone, I don't know, I've not heard from my friend. I think he had the shares for many years in an account. Because he's not done any trades for years either he rarely gets statements. I think he's trying to "get his house in order" and is thinking about selling them - but doesn't know anything about them!


stockbunny - 22 Mar 2004 15:13 - 29 of 34

FTSE appears to have turned the corner & is now gaining.

stockbunny - 22 Mar 2004 15:17 - 30 of 34

I did NOT say that! (tempted fate...sorry)
  • Page:
  • 1
  • 2
Register now or login to post to this thread.