morning all,,be effort this week looking to get some deals done,,eid is one i like///////any info all appreciated,cheers.

mornin all

Morning! Thank you Mr.Euro for your thoughts - very interesting
and clearly explained from my novice point of view - if the bunny can understand it, I'm sure the rest can! (lol)
Thanks as always to Martini. Good luck to everyone today!

Morning all.

Still long JKX, MRS, short WHT.

Added AMT at 196p long earlier. Seems to have broken up.

Hope everyone's having a good day.

Morning all. Thanks Mr Euro.

Bunny, see ANL rising ... slowly

Welcome back Big Al. Sun is actually shining today - must have brought it back from Houston.

Have a good week everyone.

Yes JJ...let's see if (and it is IF) they (ANL) do take off again today,
I can manage to be AT the computer at the time to see it! (lol)

Ridiculous spread on MTN currently considering it's not a small co
and is in the FTSE 250!

jj - stuck a little sun in the bag. ;-)

MM's having a bit of a shake on JKX and MRS, although JKX may have resumed.

Tempted to take a few more MRS. Watching.

CDW rebound continues. Oils seem to like the Iraq progress news (I thought it would reduce oil price?). I don't trade much from Mar-Oct (unless it rains for a week), so not been here much lately. Just popped in to catch up on a month's postings!

Tom hougaards thoughts for today

Good morning,



There are a couple of things on the agenda today and this week which can influence the market or will influence the market.



The Iraq handover has been completed. I dont know if this will have an effect but the markets seem to like it. The US futures are pricing in a rise on the open today. (I got today as a positive day and most of the week points higher).



The Russell 2000 re-weighting of stocks plays havoc with the market. At least that is what we saw on Friday. Certain Dow stocks dropped a full dollar in seconds going into the close (our chief dealer was furious as we settle Dow bets according to the cash price, and the Dow kept ticking away for another 10 minutes after the close). The Dow dropped 30 points after the closeJ. The re-weighting may continue for the rest of the month, i.e. next 3 days.



The end of the quarter is coming up and this will almost always bring about attempt to push prices higher to mark up portfolios.



Finally we got the FOMC meeting this week which should bring about some decent volatility.



As for the technials we got a lovely mixed picture. The NASDAQ looks strongest of the lot while the SP500 and the Dow got some catching up to do. However, as long as the SP500 holds above 1132 I will lean on the bullish side. Below 1128 in the SP500 will be a bearish development for the index. We are coming into a strong period of the year and I have this week mapped out to be mostly rising prices. You should also be aware that the month of July and August historically is the strongest of the year together with December. As we are in an election year this should be even more evident.



Tom

If anybody is interested in attending the Yorkshire traders group meeting which is run by Tim Leleux (aka THE PRIEST).the details are below.

This months meeting is Thursday July 1st at 7:30pm, Crowne Plaza, Wellington Street, Leeds

Long ROK 348p a bit ago.

Hefty MRS trade at 298p.

Long a few RDW.

Long again AZM

Busy afternoon, but the upshot is I'm left with the following:

Long AQP, AMT, JKX, MRS, RDW, ROK and short RR., WHT.

Couldn't resist RR. at the high of the day (bearish div on 60min) and got most of the AQP order filled at 220.5p. This has been +/- a decent support level historically. RDW set off, but got reigned in by the sell bots again. However, some large buyers popped up in the auction so quite happy.

So much for taking it easy the first day, but there was quite a lot to shoot at. ;-))

Have a good evening.

Al

Mr.Euro, Great read I am looking to trade US stocks and I am setting up to do this, THANKS this has made me even more determined to make the switch. As most my problem is work so a question do you think you can trade later in the day and make money or has all the action gone by 5pm UK time. rg SP

zarif,,this guy your talking about {the priest},,,how`s he got that title?
i take it he`s not into god.

Daves dazzlers:
Tim aka the priest - he is a gentleman through and through. Very knowledgeable and very good company always willing to help. He is into Gold trading, Fx, Shares and Indices.
I have never heard him talk about GOD - i really dont know how he got the title the Priest but if you ask Bullshate etc on mama they will let you know.

rgds
zarif

Can second that. Nice guy.