We have lots of experienced traders on MoneyAM who would be glad to help if you have any trading questions.

Hi Croc:
How are u keeping? fine I hope.
What are your views on the dow today.
Seems to be going sideways ast present just like our ftse. I think its going to shoot up a bit to about 9650 odd and then take a downer below 9500 within a short time.

rgds
zarif

Lots of questions - but lately no answers!

Hi!
Still here ;-)
Dow looked very strong on the back of the FED descision to hold rates for some months ahead.

dalrymp
Anytime!

Crocodile

Thanks

terod; have not found a site that offers that, but maybe we could see if we could do something here on Moneyam.

Here, under Active level subscription, we have some market scanners which will spot the UK ones.

Mike

bullshare,

yes please...i had thought it possible to copy to clip board the 'RISERS' and that would give those for current day which are trading +/- X% of their opening price, range etc.

would be nice to then be able to compile a list where a known group of companies REGULARLY swing +/- X%......better still have somewhere were all that is done 'online' thereby saving having to download/excel it etc.

t.

Anyone

What does BC after a trade (BUY) mean. Just saw it on RTD trades.

Many thanks

apparently Bargain Condition - anyone want to explain what it is?

Sometimes used to show a T+20 purchase for example - i.e. an exceptional condition.

Thanks little woman and exotoxin.

There were 2x200,000 buys and a 250,000 buy for rtd, maybe something is afoot!!!!!

I trade with Comdirect. They do not do after hour trading. How or where can I learn more about this as I notice certain hugh buys or sells take place after hours and I am locked out.

Another question.
If interest rates go up this week. Would I be right in thinking that a there is a good chance of defensive stocks would be the place to be in?

The big question is - will the market act rationally?

Personally I don't understand why it should make any difference (Not until the interest rates double from their current level) - it certainly didn't when the rates went down. In fact for example I'd be very surprised if many peoples mortgages will go up much, as they certainly didn't follow very closely the rates on the way down!

With the US interst rates @ 1% and no sign of it increasing, more money should be shifted from the US to the UK if rates do go up (weakening the $) - and in turn strengthing the UK Market!

Have to say guys that I think interest rates increase of a quarter percent is already priced into the market, the problem would be if we were on the end of a half point rise, but I dont see that coming.

If you are holding in a finance company though I would start to be looking to off load. If Gordon Brown hikes up taxes as is generally thought and we get the rates increase these type of companys will come under pressure.

Three Gurus have warned on this in the last few weeks, David Schwartz the stock market historian, Evil Knievil and Edmund Jackson.

On the market as a whole I am rather bullish and am hoping for an xmas spike.

Good luck to everyone.

GF.

In fact for example I'd be very surprised if many peoples mortgages will go up much, as they certainly didn't follow very closely the rates on the way down!

Banks look after themselves.
When rates go down they drop them straight away for savers but drag
their feet for borrowers thus maximising their differential.

When rates go up they will raise the borrowers and drag their
feet for the savers.

Don't forget that 0.25/0.5% has a greater percentage effect at 3% than it will
at say 9.0%.

Melnibone

Spot on Melnibone, and your reasoning also adds weight to the problems Finance companies will face as they borrow from the banks at say x interest rate and pass these onto their customers at xxxx interest rates. I dont beleive the finance companies offer any fixed term loans.

gf.

Many thanks for that, Im going to use your example on another board where too many posters are oblivious to the problems caused by rate hikes. Many thanks again.

croc hi,
i'm hunting around for a long term saving plan with the best growth potential.
ive looked at fidelity.co.uk at there multimanager growth portfolio which on the face of it looks quite good.
I plan to stick away 1k a month.
i would be gratefull if you or anyone could help me out.
Many thanks
Easty

This may be a silly question - but very few varible rate mortgages ever got as low as 3%! Most are around the 5-5.5% level!

easty I am not the best person to ask on this, according to Radio4 the other day the record on many of these savings plans is awful.
Anybody have any good ideas?

How do you take a short position on a share?

I use a basic Self Trade account (still!) is it possible to use this type of account to short shares (not CFD's)?

Maybe I should ring them up!

Only asking as it seems much easier (for me) to spot a stock that's about to drop rather than one about to rise.