good post Goldfinger - ty

RSI

What is happening to LLOY?

Seems to be heading down again.

LONDON (SHARECAST) - Weak miners and banking shares are leading Londons top stocks lower in early dealings on Thursday.

The central bank said interest rates would stay low for some time, although it upgraded its estimate for the US economy and will continue to rein back some its stimulus measures.

Someone is STUPIT enough ( Fred1new ) to see only LLOY down ..............

Banks - all down with the market

Darling: We will sell banks when we can make money on them
By Nicholas Paler | 17 December 2009

Chancellor Alistair Darling has said the government will make money on its investment in the UK's banking sector, adding it was in 'no hurry' to sell the stakes in the banks.

Facing a grilling on the Pre-Budget Report from cross-party MPs on the Treasury Select Committee, Darling said conditions in the banking system had stabilised, but he added the stakes in Royal Bank of Scotland and Lloyds Banking Group would not be sold before the time was right.

He said: 'We are in no hurry to sell the banks. I want to sell them when the time is right so we get the best possible deal.'

He added: 'In other words (we want to) get more money than we paid for them.'

Fielding questions about the country's sprawling debts Darling reiterated that it was the government's aim to 'get spending down', but he said the situation was currently too uncertain to do a detailed spending review.

Darling, who delivered the PBR last Wednesday, also said the City had a 'very good future' ahead of it, but he added banks needed to show 'restraint on bonuses'.

Explaining the UK's slow return to growth - it has lagged other major economies around the world and remains officially in recession at present - the chancellor pointed the finger at the reliance on the banking sector.

He said: 'We are slower coming out of the recession because of the size of the financial sector.'

Darling also warned unemployment would rise from here even though the economy is pulling out of recession. Yesterday the unemployment figure came in at 2.49 million people, less than had been expected.

RSI, The pocket size genius.

I thought from your earlier scribbles that LLOY was the star of the Banks.

Strange, some of my holdings are going up.

Will LLOY see 37 before or after XMAS?

I will watch. But RSI the little guru or ramper can carry on entertaining me.

re - Strange, some of my holdings are going up.

no one knows your holdings, you are MAD also talking to yourself.


re - I thought from your earlier scribbles that LLOY was the star of the Banks.

do not try to twist things to your way but putting words in my mouth STUPID


re - Will LLOY see 37 before or after XMAS?

Most likely we will see you buying "tabasco" caravan before that

Tufff decision Fred.a two berth Caravan in light green and creamor puke I believe the catalogue saidwith a number of very careful owners or an investment in LLOYs.I wouldnt want to call thatand Ive seen the Caravan!!!

I think there is a chance that it drops to 37p just purely because the market appears to be determined at the moment that the sp of every company that does a rights issue will drop to that or below that price. I've no idea why it takes that view but unless there is a change in sentiment soon we may all be able to buy in at 37p

DealerI have not got a Scooby what a good price for LLOYs isequallyneither has anyone elsefor that reasonI will remain out!

For once I agree with you. I've no idea where it is going so why throw my money away.

Snap..Ive always wanted to say that to a Dealer

some are shorting

17/12/09 15:38 UKREG Disclosure of Short Position-Lloyds Banking Gp PLC
17/12/09 15:37 UKREG Disclosure of Short Position-Lloyds Bank Gp PLC
17/12/09 15:32 UKREG Disclosure of Short Position-Lloyds Banking Gp PLC

Reason for the BANKS moving lower

market is well down
and Fed statement, banks need more margin cushion from 2012,

Masteris it not conceivablethe stock is a dodge pot?

Final results for 2009 due by end of February so buy on the dip and wait for next management statement.

The FTSE is well down 83 points the same as the DOW, when normally is just about half the amount, there or if DOW finishes the same amount then the FTSE should have a good bounce tomorrow.

Only hoping ofcourse

       

From the London Evening Standard 17/12

Financiers are working on creating a major new force in UK banking, combining branches of Royal Bank of Scotland and Lloyds and Clydesdale and Yorkshire Banks it emerged today.

Such a move would get strong backing from the Government, which is keen to see the part-nationalised banks sell off assets and wants new lenders on the High Street to support

         JOKE OF THE DAY

Fred1 looking for pastures new


             Fred1         new         caravan

RSI. I can understand your justifications for what is turning out to be a false calls by you. But why now and not earlier.

If you are a pretending to be guru or a genie, your projections will have to be long in term. Otherwise they catchup with you.

I haven't a clue how to evaluate banks and don't pretend to do so.

But your remarks to anybody who disagrees with you seem to be an attempt of being unpleasant or offensive.

I think you must be a member of a pack.

Banter can be fun, in your case it seems lacking in humour..

Try harder.

Tab, I already have an American RC., One of the few good things which have come out of the USA.

Bit costly on fuel.