Martini
- 08 Jun 2004 21:01
Fundamentalist
- 09 Jun 2004 11:52
- 21 of 38
Zarif
thanks for that, if you can please keep posting them.
Big Al
- 09 Jun 2004 12:11
- 23 of 38
Afternoon! Will try to post here more often, but can't promise.
My current take on the market is first S&P and then Dow last night (as shown by TP's chart above) may very well have broken out of a bullish flag. Nasdaq broke 2000 again a few days ago and a couple of weeks back there was a note that small cap stock buying had picked up again over the pond. FTSE as usual is dithering, but our American friends are in bullish mood right now.
The next couple of days will be quiet as everyone says bye-bye to dear old Ronnie, the thickest Prez until the current one arrived. ;-)
As for me, I'm currently long ALM, AQP, IMG, JKX, ROK and short WBY.
Finally, I went "wireless" last month and very good it is too. Problem is battery in laptop is well past its sell-by date. ;-( Got my gear from the following website where they have a great chat facility to ask all the questions you want to ask.
http://www.dsl-warehouse.co.uk
Have a good day.
Al
;-)
Big Al
- 09 Jun 2004 12:12
- 24 of 38
Forgot - also long ICI (for now)!!
Big Al
- 09 Jun 2004 12:35
- 26 of 38
lw - the Investors' Room is not a button I click on as regularly as I should! ;-)
Fundamentalist
- 09 Jun 2004 12:40
- 27 of 38
Al
nice to see you coming over to this side lol. Interested to know why you are short WBY?
Big Al
- 09 Jun 2004 12:47
- 28 of 38
Fundametalist - good question! ;-)
Yesterday, saw a load of sell bots so helped them by taking out an order at 435p. Second, there's a pretty strong support/resistance level around 440p, which it hit off 2 weeks ago and again yesterday. Thirdly, I'm rather bearish on housebuilders anyway with rate rises coimng along thick and fast in general. Also, am firm believer housing market is stuffed - CYD profit warning a couple of months back showed what the top end was doing and it's all been donhill from there really, depsite what "official" figured say. Would be happy to take 10p for now.
Big Al
- 09 Jun 2004 12:50
- 29 of 38
PS - I'll have a bit of RDW if it pokes its head over 350p for very long as well.
;-)
zarif
- 09 Jun 2004 12:58
- 30 of 38
Big Al.
Nice Of you to join hands with us at the INV.BB. we are honored.Please keep the advice and views coming and your no-nonsense comments which would be appreciated when need to kick A*** to put us in shape
rgds
Big Al
- 09 Jun 2004 13:03
- 31 of 38
zarif - it's usually me that needs a kick up the a**e!! LOL
Fundamentalist
- 09 Jun 2004 13:20
- 32 of 38
Big Al
thanks for that, reason for the question was WBY were my employers up until 6/8 weeks ago! I was regional FD for them in Manchester. Shorting on general sentiment to housebuilders seems sensible enough, only danger is potential takeover bid.
Big Al
- 09 Jun 2004 13:26
- 33 of 38
Fundamentalist - ah! Gimme the info! ;-)
Trying to complete a short order on RR. just now. Partially filled. It's at res of 240p. Stop on new high probably around 245p - will see how it goes.
Big Al
- 09 Jun 2004 13:57
- 34 of 38
Out of ICI -1.
Short RR. 240
Big Al
- 09 Jun 2004 14:01
- 35 of 38
Covered ROK +13 ;-)
Big Al
- 09 Jun 2004 14:03
- 36 of 38
2 large trades on WHT at mid today. Results tomorrow. Hmmm
Big Al
- 09 Jun 2004 20:15
- 38 of 38
lw - no-one wanted to talk to me so I buggered orf!
;-)