Golddog
- 23 Jan 2003 13:39
optomistic
- 04 Oct 2004 22:46
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Evening jj. Still can't decide where to set these stops. Not going to lose any sleep over it though and that Remy Martin sounds very tempting :-)
Priscilla
- 04 Oct 2004 22:56
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I'll have some too if there's any left, please
jj50
- 04 Oct 2004 22:57
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Join me opto. Warmed glass brimming full of Remy on bar waiting for you.
Well I have had an "interesting" day on the stop loss front! I have been looking at the charts and seeing where the support point is and setting it there. However, as expected, bit of a disaster on the small cap front because even allowing for the spread, etc. two spiked tonight and that was them gone!!!! Quick way of consolidating my long term portfolio though... I think for the FTSE it does make sense though because I do have some quite hefty losses - Compass, Man, etc. and losses would have been minimised. Because of annoying sales triggered in the past, I had stopped using them and just doing it by eye but my eyes are much better at seeing things going up, than down!! David Jones the Chartist chap who writes in Shares mag. gave a talk and it just seemed I needed to re-think strategy. Shall let you know what I think in a month's time with a mountain of cash and no investments!! Regards. J
jj50
- 04 Oct 2004 22:57
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Boy, I am beginning to sound a real bore. Get a life Jennifer!!!
optomistic
- 04 Oct 2004 22:58
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Priscilla I think there is only the two of us left in here, we should have ample to give us a warm glow:-)
optomistic
- 04 Oct 2004 23:00
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Sorry missed you jj. I hope it's a large mountain!!
amberjane
- 04 Oct 2004 23:00
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enthused is how I'd put it Jennifer, evening all. Mind you been dithering myself today with PDL!
jj50
- 04 Oct 2004 23:04
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Sorry Priscilla didn't see you there. Glass poured.
Amberjane you here too - think you missed that bit of the presentation!!! How are things? Dithering with PDL sounds a bit odd. What will you have to drink? Shall get you something and then must head off as still things to do and an early start.
Suppose I should really update those d*****d stop losses - forget it!
Have a good evening all.
optomistic
- 04 Oct 2004 23:05
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jj. those stops and support, it all depends on how far below the price the support is, could always be risky in getting taken out by normal market movement if it is trading too close to the support. There has to be an answer to this.
optomistic
- 04 Oct 2004 23:07
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Hello Amber, are you all clued up with this boring topic?
chocolat
- 04 Oct 2004 23:08
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Nah, jj - nice to see you!!
AEN was good today ;)
jj50
- 04 Oct 2004 23:09
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Shall work that one out tomorrow opto! Actually I have set them on the low side but some do have a distinct pattern of repeatedly turning about the same level; let's face it the market is doing well at the moment so I am trying to lock in profit as well as minimize losses ;-) In the past I have tended to go for capital growth to keep CGT within bounds but seem to have given up on that practice!
Amber, was PDL the bald one at the back? :-))
jj50
- 04 Oct 2004 23:12
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Just poured you a drink too choccie. Getting busy in here.... I am supposed to be heading off.... so night, night all...
chocolat
- 04 Oct 2004 23:15
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Where are you heading with the brandy, jj?
optomistic
- 04 Oct 2004 23:23
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Another bottle here Chocccie.
chocolat
- 04 Oct 2004 23:26
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Oh goodie, opto! Purely for medicinal purposes of course.
optomistic
- 04 Oct 2004 23:27
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Of course Choccie, we will just have to put up with any side effects.
chocolat
- 04 Oct 2004 23:30
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No side to me..
But hey, it's been a cracking day ;)
optomistic
- 04 Oct 2004 23:35
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Yup and a long day for me Choccie, must disappear upstairs now, oh that could cause a problem, its a bungilow, never mind I'll sort it out, nice stuff that Remy! night Choccie.
jeffmack
- 04 Oct 2004 23:37
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I'm back