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Traders Thread - Friday 16th April (JRVS)     

Crocodile - 15 Apr 2004 22:09

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US stocks were volatile as the Bulls & Bears tried to balance strong earnings results against worries about rising interest rates.

Mitie Group cleaning & maintenance of said that trading & growth was in line with expectations. It also said that it had won 25-year contracts worth 100 million pounds to provide services in UK schools,

Canary Wharf 1.7 billion pound enters its final day today for bidders to make any final offers.

Corus Group said it opposed plans by the major Russian shareholder Usmanov's to nominate a member to the firm's board, adding there were signs its business plan was working
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13:30 Building Permits Mar 1905K 13:30 Core PPI Mar 0.1%,  PPI Mar 0.4% 13:30 Housing Starts Mar 1900K 13:15 Capacity Utilization 76.8% 13:15 Industrial Production Mar 0.4% 13:45 Michigan Sentiment-Prel. Apr 97.0

 

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David@SnappyTrader.com    www .SnappyTrader.com  Pre Market Futures FTSE Unch DAX Unch DOW +9 S&P +1.7 NAS Unch

Tips & Recommendations

little woman - 16 Apr 2004 12:11 - 12 of 17

Hangon - as you put it "news Times Rumour"

This bit is supposed to be confirmed by Jarvis "that the refinancing of Tube Lines' 2 bln stg bank debt was close. It will use the cash to help to reduce debts of almost 120 mln stg. Jarvis is also hoping to sell half its stake in Tube Lines"

Notice the words "sell half" - thats why the journalist (not Javis) came up with the 22m figure!

Suggest you re-read the article and not jump to conclusions

bush - 16 Apr 2004 12:24 - 13 of 17

well done little woman and croc, wish i'd had your ahem balls! missed out on jarvis thought bad press would hurt it again today, oh well back to earning pennies.

little woman - 16 Apr 2004 12:28 - 14 of 17

I must admit, with L2 I could see so many people going short, who I knew would have to buy the share back - so when the share dipped below 130 yesterday, I noticed it was starting to get very strong support, so grabbed my chance. First thing was a bit worrying - the support was there, but I could see that some still wanted it to drop, but they didn't succeed and the share went back up.

Of course that's ignoring everything, like charts, fundamentals & news!

Crocodile - 16 Apr 2004 13:12 - 15 of 17

We were just lucky LW :-)

Midazmidaz - 16 Apr 2004 15:44 - 16 of 17

To any TAD holders just announced on Bloomberg MCI coming out of Chapter 11 on tuesday next week
just added 200k @ 17 cud/will be a very good week next week fer tad holders

Crocodile - 16 Apr 2004 17:12 - 17 of 17

Have a good weekend!
D,
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