Crocodile
- 11 Mar 2004 21:12
UK PreMarket Futures |
FTSE -31 |
DAX -33 |
DOW -1 |
S&P -0.4 |
Nasdaq -1.5 |
News: |
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US Stock tumbled for the fourth straight session
as the Spanish terrorists attacks brought home what dangerous times we live in.
Shell / Sakhalin Energy said it had signed
a 23-year deal with Japanese refiner Toho Gas to supply liquefied natural gas
from its Sakhalin II project
Enterprise Inns to Enterprise Inns said it
is buying the 83.2 percent of rival Unique Pub it does not already own in a 609
million pounds which will make it Britain's biggest pub group.
Telewest sales edge ahead and it says it
has continued customer growth.
Aventis, Sanofi makes 47bln Euro bid for
the company, Novartis also considers a 'get to together' with the
company.
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Calendar:
United Kingdom |
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United States
(GMT) |
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Europe & World (GMT |
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Fairplace Consulting (I), Heywood Williams (F),
Keller Group (F), Shore Capital (F), T Clarke (F),
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Apollo Group (Q2),
19:00 Treasury Budget Feb
12:00 AM PPI Jan 0.4% & Feb,
13:30 Business Inventories Jan - 0.4%
13:30 Current Account Q4 -$136.2B, 13:45 Mich Sentiment-Prel. Mar 95.4 |
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Melnibone
- 12 Mar 2004 11:06
- 21 of 46
little woman, BT held a conference with some analysts and
has received broker upgrades ref it's broadband strategy.
If we hadn't had the last few days I feel it would be well up.
On the flip side, a lot of TA guys are calling this down
longer term as funds sell out every time it gets towards
190/200p.
Just goes to show that nobody really knows and you should
trust your own decisions.
Melnibone.
Fundamentalist
- 12 Mar 2004 11:18
- 23 of 46
Mel,
Keep posting, it is useful advice whether experienced or not.
Are you still watching GSK, it all but touched 1050p earlier and your 1000p post a month or so back continues to look increasingly accurate - I'm still short term trading it (with some success) but still plan to enter for LTBH in the near future.
Melnibone
- 12 Mar 2004 11:19
- 24 of 46
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2970 |
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2940 |
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2910 |
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2880 |
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2850 |
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2820 |
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2790 |
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2760 |
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2730 |
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2700 |
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2670 |
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2640 |
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2610 |
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2370 |
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2310 |
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2280 |
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2250 |
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2220 |
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2190 |
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2160 |
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2130 |
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2070 |
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2040 |
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2010 |
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1980 |
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1950 |
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1920 |
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1890 |
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1860 |
Eustox50 PnF now showing a sell. But if you check back along this Bull Run
then each time it did it, it was a Bear Trap.
Lot of my PnF charts are showing the same thing.
To repeat myself, be wary of going heavily short here. Do the same as TP and
wait for confirmation and take a chunk out of the middle.
Better to take a smaller profit than get caught against the trend.
Don't let Mr. Market make a monkey out of you.
Melnibone.
Melnibone
- 12 Mar 2004 11:24
- 25 of 46
Still watching GSK, Fundamentalist.
1000p isn't far away now, is it?
It's nice when I get something right for a change. :-)
Melnibone.
Crocodile
- 12 Mar 2004 11:28
- 26 of 46
TP trading FTSE 100 myself at the moment with 4410 support and 4450 ceiling
Melnibone
- 12 Mar 2004 11:30
- 27 of 46
I got caught yesterday as well TP.
When LGEN hit 98p support and the FTSE stopped falling at 4460,
I bought for the bounce retest of 100p and FTSE 4500.
Instead, everything dropped again and it came back up to test
4460. :-(
Got out for the loss of the spread in the end.
'Dems de breaks'. ;-)
Melnibone.
stockbunny
- 12 Mar 2004 11:50
- 29 of 46
Good move Little Woman!
Glad to see it's a little blue screen-wise now - 8.30am was pretty rough
but will be interesting to see where the cousins across the water
send the indices this afternoon.
I took one look at yesterday round lunchtime and turned the computer
off, no funds to buy anything going cheap so no point watching
the carnage if I didn't have to!
Royce
- 12 Mar 2004 12:11
- 30 of 46
litte woman hi again from the bear. try haliax they are doing a layaway system which will pay 6% for 12mts min 25 TO 250 A month
seawatcher
- 12 Mar 2004 12:27
- 31 of 46
LW,
I actually do some trading through XEST ( not my only broker) based on my EGG internet investment account. Found it to be efficient with good prices so far. Get the good rate on the reserve funds if ever have any free! Have never experienced any dealing problems.
sw
nostromo
- 12 Mar 2004 13:08
- 34 of 46
ThePlayboy - Could you tell me where I can find some info on R2, R1, PP, S1, S2.
Is it a chart indicator of some kind ?
Thanks in advance
ThePlayboy
- 12 Mar 2004 13:28
- 35 of 46
Croc sorry just seen ur post as u know i live in the TR:) no pos atm await figs
nostromo go to crocs site snappytrader,com for info on pp,s etc, too long to explain and am a little busy atm!
little woman
- 12 Mar 2004 13:48
- 36 of 46
nostromo, take a look at the thread: PIVOTS - Daily Indices and FTSE 100 & 250 Stocks :
http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=2684
R stands for resistance point and S support point. These are the levels that shares tend to bounce off!
optomistic
- 12 Mar 2004 14:03
- 38 of 46
LW
It seems like that the banking service has the same problems as the Co-op stores. Lots of room for improvement!!
Crocodile
- 12 Mar 2004 14:06
- 39 of 46
nostromo
As Playboy says ...
http://www.snappytrader.com/ta/ta.htm#pivot
D.