Crocodile
- 23 Jan 2004 07:45
Premarket Futures |
FTSE +5 |
DAX -10 |
DOW -9 |
S&P -1.8 |
Nasdaq -3.5 |
News: |
Sorry Your browser is not java capable
|
|
US tech Stocks under pressure, blue chips mixed despite
mostly upbeat earnings reports
Corus Russian metals entrepreneur Alisher Usmanov has
raised his stake in the Anglo-Dutch steel firm to around 9 percent, amid
speculation he might want a seat on the company's board
Cable & Wireless to sell its US unit 155 million
dollar cash
ASK Central pizza and pasta chain said it had received
a 220 pence a share offer proposal from TDR Capital, a private equity group
that owns the rival PizzaExpress restaraunt chain.
Wolverhampton & Dudley Breweries the UK's biggest
regional brewer said the solid trading it saw at the start of its financial
year continued over Christmas, with profit margins remaining firm and sales
at its managed pubs rising 3.1 percent in the 16 weeks to January 17.
Ultraframe conservatory
maker said sales at continuing operations had fallen by eight percent in the
first quarter of its financial year, and declines would likely continue.
Pendragon Britain's largest car dealer said it was
buying rival CD Bramall Plc CDB.L for an agreed 230.3 million pounds in a
deal iworth 600 pence per CD Bramall share. They also said its 2003 profit
before tax, exceptional items and goodwill should be at least 37 million
pounds.
|
 |
Calendar:
United Kingdom |
|
 |
United States
(GMT) |
|
 |
Europe & World (GMT |
|
Burdene Investments (F),
Wolverhampton & Dudley AGM & Trading Update,
BOC
(AGM),
Enterprise Inns (ETI) Stock Split Ex Date. Terms are 2 shares for 1 share held.
09.30 4th Quarter GDP q/q 0.7% exp.
09.30 Dec Retail Sales m/m 0.3% exp.
09.30 Dec Car Production 3m/3m
|
|
00.01 EMU Nov German Construction
Orders (BBK) y/y |
Melnibone
- 23 Jan 2004 14:39
- 17 of 24
Afternoon all,
GSK 1240/1250 sounds good to me Testex.
What I'd really like to see is a test of 4380/4400 on the FTSE
and GSK drop to and hold 1150p.
IF firm support was shown at this area on the FTSE, confidence
to push higher would be found and enable people left at 4400 prior
to the Christmas rally to rejoin and increase buying pressure.
60 Day EMA is coming in around 4410 at the moment, so this is a
real possibility.
Melnibone.
stockbunny
- 23 Jan 2004 14:56
- 18 of 24
So you feel Melnibone that the FTSE's current slide down a
greasy pole today will be positive ultimately, I just hope
that process wouldn't take too long! Not overly impressed
with these levels - never was a fan of too much red!!
Melnibone
- 23 Jan 2004 15:07
- 19 of 24
Yes stockbunny.
Retracement is healthy.
People who were left behind can climb aboard.
Profits can be banked and promote a feel-good factor.
If you get a retracement that stops at support, people
aren't constantly worrying about a drop and look forward
to the upside instead.
Overbought conditions are rectified and TA Gurus start
telling everyone that everything is oversold and it's
time to buy.:-)
Melnibone.
stockbunny
- 23 Jan 2004 15:16
- 20 of 24
True..It's just frustrating as this time I am not in a position to
buy - I tend to buy on a dropping market - so I've kind of got the
urge but no ammo!! (lol) Didn't see a drop coming either and not having a great day so all in all not the best of days!!
Be lucky out there!!
Melnibone
- 23 Jan 2004 15:26
- 21 of 24
It'll come good again.
When the Indices are making new highs folk
look at the blue sky above and get vertigo,
wondering where the next one will be.
When they drop to support and the view reverses back
up again, there's no need to wonder, you can look
up and see the next resistance level.
It draws stuff like a magnet.
Or if you like, think of all those bits of white fluff that
always seem to get drawn to your little black dress.
At least that's what I think all you ladies have at least
one of in your wardrobes. That's what I seem to gather from
all those interminable Winny @ Trinny programs that Mrs. Melnibone
encourages me watch in a hopeful effort to try and update
my fashion sence from my usual faded tatty sweaters and
ancient jeans. ;-)
Melnibone.
Melnibone
- 23 Jan 2004 15:32
- 22 of 24
Well, that's my SHEL's nicely in profit.
Nice bounce on the US markets wouldn't come amiss now.
If they drag 'em up far enough I might take the profit
today instead of holding over the weekend.
Melnibone.
Melnibone
- 23 Jan 2004 15:33
- 23 of 24
S@P at 1150 resistance, now we'll see what the US is made of.
Melnibone.
ukresearch
- 06 Sep 2005 10:59
- 24 of 24
C' mon boc tell us about BASF approach. Can not accept they have not approched them YET.