Hurrah Fred. It's going to take more than a couple of hours to repair the losses I've suffered in the last 3 weeks but at least LLOY and RBS are going in the right direction.
There's a strong buy program running on LLOY which looks like it's going to run all day. I assume there must be one on RBS too although i can't identify it.
Today looks quite hopeful. It seems the Brexit talk news is starting to trickle through to the market.
All of which leaves me wondering whether I should top up my SIPP and put some money in Aviva or continue waiting for an even more stupid price.
Makes a change. Interestingly someone is off-loading a load at 250 on RBS and it won't go higher until the iceberg is completed.
I'm not sure why I so happy today. RBS and LLOY going well but the rest of my portfolio still seems under pressure although there are green shoots of positive possibilities
I'm wondering how long LLOY can stay on the uptrend line. Can we make 60 today?
I'm breathing alot easier today. Looking at L2 the buying on the banks is consistent and doesn't look like the manipulation I've been seeing for weeks. Fingers crossed anyway.
Another 90 down today and with 10 minutes to go I was actually doing ok. Didn't end that way of course.
It is my view there is a large party getting margin called here. Perhaps a small/mid sized cap fund. Or perhaps something has gone very wrong at one of the algo funds and other stuff is being sold to keep margin under control.
Some of the trades I'm seeing especially on low cap stuff doesn't make any sense.