Investors' Room :: Traders Thread & Thoughts - Monday November 10th - MoneyAM - Free Share Prices, Stock Quotes, Charts, News, Level2

Crocodile - 09 Nov 2003 11:06

Premarket Futures

FTSE -23

DAX -23

DOW -2

S&P -0.8

Nasdaq -3

1 Day 2 Day 5 Day - UK News

FTSE 250

FTSE Small Cap

FTSE TechMark

1 Day 2 Day 5 Day Futures US News

Nasdaq 100

S&P 500

S&P Futures

DAX / CAC Euro News

Nikkei -124 Hang Seng -98 Asia News

10 Year Bond

UK/US charts have 1,2 or 5 day views. and now FT NEWS & Price link to UK, US & Asian markets. The Dax/CAC and Nikkei/Hang Seng are now switchable

News:

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The FTSE 100 index is set to slide after a weak end to last week on Wall Street amid concerns over recent gains. In Asia, Japanese shares fell to two-week lows on Monday. Banks were among the hardest hit so watch out for HSBC & STAN

British Airways posted a 57 percent fall in second-quarter profit to105 million pounds which was better than market expectations of 72 million pounds. The company also said Chairman Colin Marshall would retire in July next year and would be succeeded by Martin Broughton, currently chairman of British American Tobacco.Astra Zeneca could rise from results of trials on its experimental anti-coagulant Exanta. Alvis The Ministry of Defence has contacted a handful of contractors about taking over a six-billion-pound programme to supply it with armoured vehicles, in what would be a blow to Alvis Nokia, is considering a takeover of UK firm Psion in a bid to dominate the cellphone software market Barclays bank has held exploratory talks with three banks in the United States for a possible acquisition of Pennsylvania-based Sovereign, New York-based North Fork Bancorporation, and GreenPoint Financial Corp.

Calendar: United Kingdom

United States (GMT)

Europe & World (GMT

British Airways (I), 49m, DCC (I), Uniq (I),

Ferraris Group (I),Radstone Technology (I),

Renold (I), Carr's Milling Industries (F), Debenhams (AGM)BRC retail sales monitor uly-Sept. residential property report Sept. trade (09:30)

Computer Sciences Q2 MG Technologies Q3

Freenet D Q3 Infineon D Prel. FY KPN NL Q3

Croc@SnappyTrader.com WWW.SnappyTrader.com

Melnibone - 10 Nov 2003 10:10 - 19 of 50

Gap just about filled.

Players left behind on Friday can now come in to play.

Have to see which way the market wants to go now.

Melnibone

Crocodile - 10 Nov 2003 10:10 - 20 of 50

Lost some on an late AVZ short but went reversed on the pullback when the FTSE went up. My HVN up another 3.

little woman - 10 Nov 2003 10:43 - 21 of 50

Took a look at AVZ after your comment croc -(I know the news was bad on Friday)and decided it was worth buying a few @ just over 4.08. I will keep a close eye on this one and hope to take may profit (?) before market close

little woman - 10 Nov 2003 11:09 - 22 of 50

Things are getting very interesting. Many shares are going up and down between 2 points (yes I know the support & resistance points). In some cases I've watch the same share hit both points 3 times in as many hours. They don't seem to be breaking either one!

Crocodile - 10 Nov 2003 11:17 - 23 of 50

There is something very interesting in the 5 day intraday chart on BFP, worth a look

little woman - 10 Nov 2003 11:30 - 24 of 50

I agree it does look interesting - but as a person who can only see the obvious, I'm not sure what it means! Any chance you can clarfy it for me?

Melnibone - 10 Nov 2003 12:05 - 25 of 50

Just got back after a bit of grocery shopping.

Don't seem to have missed much, seems like it's
justing dancing round the PP maypole.

Not really worth trying to squeeze a few points.
May end up on the wrong side of a decent move.
Coffee time.

Melnibone

Crocodile - 10 Nov 2003 12:19 - 26 of 50

Little woman
Big buyer comes into the market at the end of the day

little woman - 10 Nov 2003 13:05 - 27 of 50

of course silly me!

little woman - 10 Nov 2003 13:36 - 28 of 50

Want to keep track of this one - as I may pick a few more up later if drops enough, so posting todays chart!

draw?startDate=10%2F11%2F03&period=1D&ep

Crocodile - 10 Nov 2003 14:33 - 29 of 50

The market looks like a line prop with a bowling ball on top :-)

stockbunny - 10 Nov 2003 15:04 - 30 of 50

Suggestions for a description of the markets lack of movement
outside a small range today to(hopefully) bring a tiny smile
to you guys/gals:
Treading water in a puddle
Peddling a broken exercise bike
'Rally' driving on the back of an AA relay truck
I will spare you any more!!!
Have a good day folks..

little woman - 10 Nov 2003 15:13 - 31 of 50

Talking about the AA relay trucks, this is a true story.

A business man received a speeding penalty in the post, and when he checked the date and time realised that he was in a very important meeting at the time with a number of witnesses, so could not have been speeding. When eventually he managed to see the picture taken of his car, he realised that he had broken down early that morning, and the car had been caught speeding while it was on the back of a AA relay truck!

stockbunny - 10 Nov 2003 15:19 - 32 of 50

Now that would be a surprise!
Pleased the positive sentiment has held on BAY - so far today anyway -
elsewhere its a 'dogs day' for many of the banks!

little woman - 10 Nov 2003 15:29 - 33 of 50

I have to admit to purchasing a small amount of STAN @ 9.60 earlier as I'd been meaning to for ages, but only now got round to it!

stockbunny - 10 Nov 2003 15:45 - 34 of 50

Hope it does well for you - agreed it has been tempting this year
earlier it was under 700p I think remembering back, its done well!

Melnibone - 10 Nov 2003 15:50 - 35 of 50

FTSE seems to be trying to bottom out at what was last
weeks resistance level before we got the Friday bounce.
Check the 5day tab on the ftse chart at top of thread.

Taken a small position in MKS. It's just above short term 280p support
and we may get a little bounce. Not too bothered if it drops, I'll
treat this one as a position rather than a day trade and hedge if
required by shorting the FTSE if we start to get the drop suggested
by Croc.

Melnibone

zarif - 10 Nov 2003 16:03 - 36 of 50

Just scalped the dow with a short and modest gain of 200.
Not much legroom to swing a cat -need volatility.

good luck everybody

rgds
zarif

zarif - 10 Nov 2003 16:03 - 37 of 50