Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.
  • Page:
  • 1
  • 2
  • 3

Traders Thread & Thoughts - Monday 17th May (OOM)     

Crocodile - 16 May 2004 11:03

Sorry Your browser is not java capable

weather.gif

1 Day  

  2 Day  

5 Day  

UK News

draw?period=1D&class=class+com.deltastre draw?period=1D&class=class+com.deltastre

draw?period=1D&class=class+com.deltastre

 

Gold/Bond

Pivots

Markets 

Futures

Translate

markets.gifquote?rand=3111

 

Day 2 Day 5 Day US News

globex.png

 

S&P Futures

Nikkei +206 Hang Seng +97  Asia News

  DAX    CAC     Euro News

Stocks tumbled all over the world following the assassination of the head of the governing council in Iraq, political unrest in India and another rise in oil prices

Celltech Group, Belgian USB drugmaker has agreed to buy the company for 1.53 billion pounds, 550-pence-per share in cash a 27.8 percent premium to last nights closing price

BAA airports operator reported an inline 4.9 percent rise in annual profit to 616 million pounds following a record number of passengers through its seven UK airports.

MmO2 achieved market forecasts with a 59 percent rise in full-year core earnings and a maiden pre-tax profit, and said it was reviewing a payout policy for November.

Land Securities Europe's largest property investor reported a rise in net asset value, at the top of forecasts, and said it saw market conditions improving for London offices. Annual profit rose 16.7 percent to 373.1 million pounds , up from 319.6 million pounds. (Regus?)

LogicaCMG said it expected first half revenue to be around ten percent lower at its Wireless Networks unit, which would book a loss for the period.

Yell Group telephone directory publisher, said its full year net loss widened to 51.1 million pounds due to costs related to its initial public offering, as turnover rose 6.5 percent to 1.19 billion pounds

ukf.gif Calendar:  United Kingdom usf.gif  United States (GMT) euro.gif  Europe & World (GMT)

Abacus Group (I), Care (I), Countryside Properties (I), Enterprise Inns (I), SCS Upholstery (I), BAA (F), Business Post (F), Land Securities (F), Luminar (F), mm02 (F), Yell Group (F), Corin Group (AGM), DataCash (AGM), Fitzhardinge (AGM), Glanbia (AGM)

April CPI (08:30)

Deere and Co, Hewlett-Packard Co AutoDesk, TJX Companies Home Depot, JC Penney Staples, Network Appliance Corp

2.30 pm Building Permits 2.30 pm Housing Starts

IKB Deutsche Industriebank Medion, Techem

Data Download

FTSE Intraday

Calendar

US Zone

HTML Edit

Currency Calc

Dividends

Director Dealings

Broker Upgrades / Tips

David@SnappyTrader.com   www.SnappyTrader.com

Pre Market Futures

FTSE +10

DAX+26

DOW+39

S&P+4.1

Nasdaq+8.5

little woman - 17 May 2004 09:41 - 20 of 45

I presume you are both refering to very short term opportunities? (i.e between now and the US opening?)

Insider trader - 17 May 2004 09:44 - 21 of 45

When there's blood on the streets......when everyone and his dog is shorting, is always the best time to look for...

little woman - 17 May 2004 10:50 - 22 of 45

Yes, unless this continues for a few more days!

ThePlayboy - 17 May 2004 11:42 - 23 of 45

inside trader a good point!

little woman - 17 May 2004 12:04 - 24 of 45

As a person who purchase shares during the last big drop (went on for nearly 2 years) as I thought they were buying opportunitities, I wish I'd waited until it was all over (early last year) before I went back in.

ThePlayboy - 17 May 2004 12:11 - 25 of 45

when will it be all over LW?thats the Q, no PPT this morning a little worrying!

little woman - 17 May 2004 12:43 - 26 of 45

PPT?

ThePlayboy - 17 May 2004 12:45 - 27 of 45

Plunge Protection Team

zarif - 17 May 2004 12:46 - 28 of 45

Lw: You are quite correct in that its no use trying to "guess the Tops or Bottoms" as it can always keep going lower or higher.As they say "dont try to catch a falling Knife".Much safer to wait for the turn get confirmation than board the bus.

rgds
zarif

little woman - 17 May 2004 12:50 - 29 of 45

I know the US using a PPT, but I didn't realise we had one in the UK.

Looking at the 2 charts below, I think if the US does go, and we follow, it won't be as bad in the UK as it will be in the US. But until the US elections in Nov, things are going to be very uncertain.

graph.php?startDate=17%2F05%2F99&period=graph.php?startDate=17%2F05%2F99&period=

david 2000 - 17 May 2004 13:01 - 30 of 45

Hey, TP PPT just arrived on US futs... LOL

david 2000 - 17 May 2004 13:06 - 31 of 45

PPT ON 200 MA, IMHO TP..... ROFLAO ETC ETC.

chart.asp?symb=uk%3Aftse100&compidx=aaaa

amberjane - 17 May 2004 13:25 - 32 of 45

Afternoon all,
A day to be careful, trading and sunbathing! That suns hot today. Good luck all you shorters!

mpw777 - 17 May 2004 13:58 - 33 of 45

little woman might read page 9 of business section of yesterdays sunday times.
article by andrew smithers 'founder and chairman of smithers who advise leading fund management companies worldwide on asset allocation'.
the sunday times describes ANDREW as being the KING OF THE BEARS.

little woman - 17 May 2004 14:12 - 34 of 45

I'm actually a Bull at heart, but having not benefited from any of the bear runs over the last 20 years (and there have been many) - I don't want to get caught out ever again.

My mother doesn't believe in investing in the stockmarket as she remembers every bear run and the losses my father had on each one! Personally I'm tired of waiting for shares to recover. It's easier to cash in, most of the long term stuff, until the dust settles and go short (with a small amount) while waiting to reinvest long again.

stockbunny - 17 May 2004 15:15 - 35 of 45

See the DOW appears to be doing 'the down-hill' today, so not
much chance of the FTSE recovering any ground I suppose today.
Melnibone - charts etc above were great to read and interesting
thanks for posting.
Picked up some Billiton shares this morning (426p) - well the bargain
hunting territory was too good to waste! I'm going to re-name
Mondays to Bargain Day if this carries on as this is two weeks in a
row I have picked up a good buy at the start of the week!

Melnibone - 17 May 2004 15:31 - 36 of 45

Thanks for the comments.

Dow 9920, S@P 1085, NDX 1400, FTSE 4395 were all supports that
are now proving difficult to overcome as resistance.

Bulls really need to push back above these levels if they want
to initiate some Bear covering and move stuff higher.
Last redoubt, they need to hold and close above 1075 on the S@P
to stop a panic sell off.

Melnibone.

ThePlayboy - 17 May 2004 16:28 - 37 of 45

nice strength this arvo:)

Melnibone - 17 May 2004 16:39 - 38 of 45

FTSE just managed to claw itself above the support line
at the finish, thanks, IMHO, to Bear covering and profit
taking.
Don't think it was genuine Bull buying.

As posted this morning, US is closing some of that gap open,
as expected.
Plenty of trading time left in the US to close most of it and then
start dropping again. Should it choose to do so, of course. :-)

Time will tell.

Melnibone.

Fred1new - 17 May 2004 17:02 - 39 of 45

I think it is said that the market generally does well ie. goes up in the last 2 years of a presidential term. I suppose this problem is the lack of a president this time.
Like little Woman I bailed out ot the stock market near as damn it the top. One of the mistakes I made was jumping back in to early. (Bloody greed, and knowing better than every body else.)

How old do I have to be to get it right!!!!!!!!!
  • Page:
  • 1
  • 2
  • 3
Register now or login to post to this thread.