nkirkup
- 13 Nov 2008 09:08
- 2788 of 3050
Bought at 135p yesterday, current sp now 138, according to Selftrade.
dealerdear
- 13 Nov 2008 09:13
- 2789 of 3050
dear oh dear. If you don't understand the basics you shouldn't really be trading.
1) Allowing for your dealing costs and stamp duty you would be lucky to be breaking even.
2) Whatever the offer price is, the bid price is lower and with this share (although not at this precise moment) the % difference is high. Currently showing bid of 134p
cynic
- 13 Nov 2008 09:14
- 2790 of 3050
genuine live price is 134.25 - 136, and furthermore, has been 139 mid at best today ..... IG's prices are accurate though when things are volatile and/or there is a wide spread, phoning and getting the boys to deal through the market can prove better.
nkirkup
- 13 Nov 2008 09:21
- 2791 of 3050
Point is, we are up and should close today higher, above 160p with 2 possible next week.
Remember the golden Rule, buy low and sell higher!!!
dealerdear
- 13 Nov 2008 09:26
- 2792 of 3050
Good luck to you but me thinks no.
At the end of the day you are going to be disappointed.
This is going down. The MM's are refusing to increase the price over the slight rebound during the past hour. All they are doing is increasing the spread so that you can't sell for a profit. Unless the SM really rallies today which is possible, then mid am - mid pm this will fall, possibly like a stone.
nkirkup
- 13 Nov 2008 09:54
- 2793 of 3050
My screen indicating 141p now!
cynic
- 13 Nov 2008 10:16
- 2794 of 3050
139 - 139.5 ..... and of course totally brilliant to have bought at yesterday's bottom ...... and you are still a total arsehole as you have no control whatsoever when london is closed but ny is trading
13:55
whoops! ..... do i now see 127 - 128.5?
cynic
- 13 Nov 2008 14:45
- 2795 of 3050
14:44 121.75 - 122.75
nk ..... you have gone very quiet ..... why would that be?
nkirkup
- 13 Nov 2008 15:53
- 2796 of 3050
Up and down today but will be in profit again by the close.
dealerdear
- 13 Nov 2008 15:57
- 2797 of 3050
Unfortunately I had to go out for most of the day but I would have been very tempted at 122p
nkirkup
- 13 Nov 2008 16:05
- 2798 of 3050
Profit already with sp @ 138p
dealerdear
- 13 Nov 2008 16:09
- 2799 of 3050
Going down. Basement next floor!
cynic
- 13 Nov 2008 16:24
- 2800 of 3050
138???? ...... you would have to have moved pretty sharpish and already banked the profit (less costs of course) ...... now 133.25 / 134.25 with Dow now down 53 after + nearly 200 for a brief moment
nkirkup
- 13 Nov 2008 16:25
- 2801 of 3050
Still long!!
cynic
- 13 Nov 2008 16:26
- 2802 of 3050
no fool like an old fool or any other suitable phrase or saying!
dealerdear
- 13 Nov 2008 16:34
- 2803 of 3050
I'd have gone for a quick kill, in and out, float like a butterfly sting like a bee.
Actually, I wouldn't have had the guts just in case it did what it did yesterday!
cynic
- 13 Nov 2008 16:37
- 2804 of 3050
it's easy to talk the profit isn't it!
cynic
- 14 Nov 2008 08:11
- 2805 of 3050
nk .... you got very lucky indeed in NY, so don't be greedy and bank your profit or at least put in a stop loss
nkirkup
- 14 Nov 2008 08:14
- 2806 of 3050
looking good for today
dealerdear
- 14 Nov 2008 08:33
- 2807 of 3050
Unbelievable that the sp's just won't rise.
People have been so burnt that there are no buyers at all so as soon as the SM opens traders just look to lock-in the profit.
Talk about no confidence!
You're barely in profit now.
Put another way, the SM just doesn't work anymore. It reminds me of a rusted-up old windmill that you try and restart after being inactive for 30 years. It creaks and groans and moves in small spurts and just doesn't do the job in hand.