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Traders Thread - Friday 28th November (LLOY)
Crocodile - 27 Nov 2003 23:47
| Premarket Futures | FTSE +3 | DAX +1 | DOW -2 | S&P +1.4 | Nasdaq +1.5 |
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The rise in British house prices slowed this month to1.2 percent in November, below the two percent recorded in October, reducing the annual rate of increase to 15.2 from 16.1 percent. Japanese data cast doubt on the economic recovery with lower production figures, increasing unemployment & a fall in spending. Telecom Plus (TEP) posted a 96 percent rise in first-half profits to 4.9 million pounds and said it was confident about the future as it added more customers. The firm, which supplies utility services such as gas, telephone and Internet access, said its customers had increased in the six months to September 30 by 26,000 to 160,000. The firm raised its interim dividend to 4.5 pence per share from 2.5p. Anite say conditions still tough but figures will be in line with expectations. |
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1:30 Average Workweek 1:30 Hourly Earnings 1:30 Nonfarm Payrolls 1:30 Unemployment Rate 15:00 Factory Orders 20:00 Consumer Credit |
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Melnibone - 28 Nov 2003 15:57 - 16 of 23
seems to be a short interest.
Conversely, this could be could for the stock. If the
Bears can't frighten holders into selling out then their
fur will get burnt as they squeeze the price higher when
buying back aided by the Bulls buying into a rising stock.
Time will tell who wins the battle.
Melnibone
Melnibone - 28 Nov 2003 16:13 - 17 of 23
Just had a nice little scalp when LGEN went
down to 100p.
Must have held the position for all of 15mins. Lol.
I lurrrve this margined trading. :-)
Melnibone
Druid2
- 28 Nov 2003 16:18
- 18 of 23
Melnibone - 28 Nov 2003 16:30 - 19 of 23
S@P failed to move on through 1060 and the DOW
failed to move on through 9800.
We really need the US markets to make a move
on 1070/9900 respectively for FTSE stocks to
advance.
Maybe next week.
Melnibone
little woman
- 28 Nov 2003 16:30
- 20 of 23
Sold my short term ETL for a 5% profit, before it slipped back. If it slips back enough will buy back. Still have a long term holding....
optomistic
- 28 Nov 2003 17:00
- 21 of 23
little woman
- 28 Nov 2003 17:16
- 22 of 23
optomistic
- 28 Nov 2003 17:39
- 23 of 23
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