The banks certainly are not the flavour of the month,to say the least.
However,at current valuations they are pricing in no recovery at all.If it is as bad as that,everybody is in big trouble.

Do you call everything wrong on purpose Mr Tosser rsi or are you just the most unlucky person in the world ?

thanks for all the answers

Oi Fred spot on re : ramping ... that's the way the BPRG/MDX muppets have always behaved and still do.

Got out first thing here and Barclays.

Small loss was hoping the Aba dabi rebound would be on but lasted for 24 hours and that was it.

Will return when support is hit and hope it doesnt give.

Fredhave you noticed any ramping on the Scott Wilson .... chart breakout threadremind me who started that ramp in the first place?...I think there was a few Jockey Wilson 180000000000 claims
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Dil - 25 Aug
Current year PE now approaching 6 , cheap as chips.

Ramp , ramp :-)

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Dil- 11 Sep
Flying again , lets see if we can get a 100p+ finish today.
-----------------------------------
Dil- 09
160p by xmas Kim :-)
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A few little gems to wet the appetite

I think you'll find the " :-) " and "ramp ramp" comment show the true intent tabby.

Ohgot ya!

Dil. You are provoking me. 8-)

If I saw the present Chart of MDX, I would move on with only a momentary glance,

However, I bought some time ago and I am sold on the technology and think if they can get their act together there may still be a profit for me, but think the ride is going to be bumpy.

Also would't suggest anybody should buy it,but I guess you are keeping it on your watch list.

If, or when, it comes back on the market I will view it again.

But my father told me that big oaks from little acorns grow.

He made a lot of money from what some others considered muck.

But he also warned me that the acorn had to be in the right soil.

Have a good XMAS.

You too mate.

Official opening times for the LSE during these FESTIVITIES

Christmas Eve December 24, 2009 will close from 12:30 GMT
Christmas Day December 25, 2009 closed
Boxing Day December 28, 2009 closed

New Years Eve December 31, 2009 will close from 12:30 GMT
New Year January 1, 2010 closed

tabasco

re -ramp

Stop digging, you may even find - sheep sh!t - on " Dil " peanut "willie"

Are you saying, someone is chocking on its own vomit ( Dil ) ?

       

Cielo

re - >>Master RSI
keep up the good work and the cartoons coming

What else can one do with all these pack of hungry animals !

Glad you too are holding into the shares, not having a good day lately, but I can say I am well in profits yet, you too if taking the R I and placing, plus the Scrip issue 1 for 20. you seem to have bought around the same time as me if I remember well.
Most likley not many left from buying around then, though I am sure there are plenty from earlier now having to suffer some pain till the economy finally recovers.

all the best for these FESTIVITIES

one for you

Nearly 500 million shares traded. maybe a record? Almost 60% buys, but down about 5%

chessplayer

re - Almost 60% buys

What shows at trades is not all Buys.

You have to take notice of the "AT" trades are place on the wrong side.

On the order book, when a trade as "AT" is taken from the offer side, means is a sale, and yet is place as a buy on the "moneyam" trades, so not easy to find out the total buys and sells, plus if one add a couple seconds delay ( usual on "moneyam" ) it change all the panorama of the accounting, but I understand what you mean.

Most times if one checks on the order book ( Level 2 ) one can see that the side that have more trades added - DEPTH - ( bid / Offer ) is the one that does not move much, the other side ( weak one ) is the one doing all the trades, in this case moving lower all the time. That was the case for LLOY during the last couple days.

all the best for these FESTIVITIES

Lloyds CEO says does not plan disposals soon - 18 Dec 2009 -

LONDON, Dec 18 (Reuters) - The disposals Lloyds has agreed to as compensation for taking state aid were a "very fair deal" but it has no plans to sell the assets off soon, the banking group's chief executive told the Financial Times .

To satisfy Europe's competition watchdog Lloyds, which was backed by the British government when it rescued battered rival HBOS at the height of the credit crunch, has said it will sell 600 of its retail branches, with disposals including Cheltenham & Gloucester branches, Intelligent Finance and the TSB brand.

It has up to five years to make the sales and does not yet plan to follow the lead of fellow part-nationalised Royal Bank of Scotland , which has already begun the process of disposing of the assets it was required to.

"There's not a lot of M&A activity going on so I'm not sure the timing would be best," Chief Executive Eric Daniels said in an interview published in Friday's paper.

Earlier this week Lloyds, Britain's largest retail bank, completed a record 13.5 billion pound ($22.08 billion) rights issue which was aimed at helping it avoid a state-backed scheme for bad debts. [ID:nLDE5BD089]

Joining that Asset Protection Scheme (APS) would have left the bank facing more stringent rules over how it managed its loan portfolios, Daniels acknowledged.

"For example if a company has borrowed too much, they can't afford to service the debt," he said.

"You don't want to necessarily foreclose on the company because you think it may have a chance of recovery but you convert some of the debt into an equity position. Now that would be a very complicated thing to do under APS."

The bank's loan impairments have peaked, he told the paper, adding that the "terrible concerns" about impairments, liquidity and capital were over.

Although the performance of HBOS this year had been "much, much worse than anybody expected," he said, he defended the takeover deal, adding "After you get through the lumps, this is going to be one hell of a deal."

"I think the HBOS transaction really does get us on a very different and much better strategic track."

All the banks shares have been moving south for the last couple days ........

Yesterday The Basel proposals for the banking sector were released and they are not going down well.

Changes to the definition of Tier 1 equity and Tier 2 level, it seems relatively hardline approach to new capital and liquidity definitions, in one way it is viewed negatively for the sector as a whole.

great news..havent got to sign on for 4 weeks

lol