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News Headlines:    The Bank of England's Monetary Policy Committee announces its latest interest decision at midday with the result to close to call by analysts.BAA airports operator, says it handled 12 million passengers at its seven UK airports in June, up 2.9 percent on the same month last year.Stanley Leisure says its betting unit has made a good start to its new financial year but margins at its casinos have been affected by losses to major playersWolseley, the world's largest supplier of plumbing and heating equipment, says the weaker U.S. dollar will hit its underlying numbers and that some European markets remain challenging. The company reported a 2.7 percent rise in first-half profits in March and said it saw no evidence of any major slowdown in activityCarillion says first-half profit at its construction services unit is likely to be 10 million pounds lower than expectations after difficulties with a government contract. The company said its business services unit had had a strong first half which was likely to continue for the rest of the year and should allow it to deliver full year profits before tax and goodwill of not less than in 2002 Calendar All GMT United Kingdom (F)inals (I)nterim United States (Click Flag) Europe & World Thu 10th  Low & Bonar (I), Stanley Leisure (F) Yell IPO. When Issue(range 250p 300p) EMAP (AGM), Carillion Trading Statement Wolseley Trading Statement 12.00  BOE Rate Announcement 13.30 June Import Price Index m/m 0.5% exp. 13.30 Initial Jobless Claims (w/e 05/07) 420k exp. 07.00  June German Final CPI 0.3% exp. : PepsiCo (Q2) 11.00  Q1 Revised GDP q/q 0.0% exp. 11.00  EU 2nd & 3rd Quarter GDP Forecasts 12.45  ECB Rate Announcement Good Trading!   David@FTSEDOW.com    www.FTSEDOW.com            Pivot Calculator

Lucky for you! When I go away I find myself far from computers and phone lines - totally not in contact with the world!

Morning from Sunny Bury Lancs.Went long TSCO at close 209.75:-(
Waiting for 12.00.So till then a bit of the garden for me.
Edit:10.30 my doc appointment:-)

This is a very quiet Traders thread !!

I have just placed limit shorts on both BARC & LLOY at 450 each. Am I doing the right thing?

LLOY short triggered at 450. New limit order short LLOY 455 placed.

Iain/Little woman or anyone who uses the Traders thread can you ask briantrayda if either he could post his pivot points on the Investors thread or provide links to his pages eg Pivots100, 250. I requested this from yesterday's thread but received no reply.
eg. http://briantrayda.users.btopenworld.com/DailyPivots-100zz-20030520.htm?aa=xx Thanks.

From uvc site.

10/07 Because of yesterdays move below 9150, the 1-2 wave count now is favoured. If correct today should see a pretty big decline. Standard fibs here give targets of 8781 and 8484.

European Central Bank chief Wim Duisenberg said the latest data showed growth in the euro area "will remain subdued in the second quarter of the year after virtually stagnating in the first quarter." Looking ahead, he said "indicators broadly point to a stabilization of activity but there are no signs as yet of an underlying strengthening in production and confidence."

SVT short 695.

Just gone long on GSK - going to cause grief to my paperwork, as I sold my previous holding 3 weeks ago and they cost me more to buy than this new holding as I had held some of about 2 years!

Hi stv,
Unfortunately the pivots are staying on the other side of the trader's door. If they were this side they would be open to the whole world which I don't really want to do. They can lose people money if they aren't fully aware of how they fit in and that's not a good thing.

Didn't you once reside in Trader's? Or was that just the freebie?

Regards
Brian

Does anyone understand what is going on with CS. I've being buying and selling this one for the last 3 months - currently up about 65%. Sold the last lot last week at just over 19p and then it started to drop as expected. But it really struggled. So I purchased a small amount at 17.5p (which is not like me as it should really have gone down below 16p because of the sell volumes) but it's now gone back up! (Last time I looked it was 18p!) It's almost as if it's trying to drop, but someone or something is stopping it!

Brian

Many of us were chucked off the Traders' Thread a few days ago !!!

Druid, Trader's Thread in the Traders Room? Chucked=Expired Freebie?

Driud2-scuse me butting in but why was that?

Playboy,

nothing sinister, we just identified a glitch that was allowing some of our free users to access the traders thread - which is a payingg service, so unfortunately we had to fix it and remove the access.

Hope this clarifies

Ian

Thanks Ian, did,nt think it was as I had never seen Druid or agent007 post anything negative! Pay up and come back thats what I say:)

Ah but ThePlayboy - although it's quieter, the investors room is currently developing (I think) quite well. I can use the traders room, but choose not to. Too much information overload!

little women-yes, I have seen more posts here recently and it would be nice to see it build, will post here the odd time also to do my bit!

CS. now selling at 18.25p (will wait out for 19P?) Why still going up? Dealers still want to sell far more than they want to buy!!!!!!

L.W. - here's something for you. Top of 23.

4th July
LONDON (AFX) - Shares in Corus Group PLC were extending their recent rally
after ABN Amro upgraded its recommendation to 'buy' on hopes of positive
newsflow from the steel group in the next three months, dealers said.
The broker, which formerly rated Corus shares a 'hold', set an initial
target price of 23 pence.
"Corus is still a speculative investment at this stage but we see a big gap
between the current share price and where it could be if the group achieves its
goals," ABN told clients.
It argued that the troubled group is stabilising, with new financing
agreements with banks -- including ABN itself -- having already been pencilled
in.
"We await confirmation of the final syndicated facility and expect this to
be positive for Corus's equity," the broker said.
It also reckoned Corus has seen an improvement in its loss-making UK
operations during the first half 2003, helped by steel prices, sterling and
cost-savings.
This should be enough for the group to show a profit for the UK when it
reports interims in September, ABN said.
The broker was also encouraged that Corus chairman Brian Moffat has a strong
track record of corporate reorganisation, given the group is faced with further
restructuring in the UK costing an estimated 250-350 mln stg.
At 10.11 am, shares in Corus were up 0-1/2 pence to 18. They have rallied
from 14-1/2 pence over the past five sessions.

3rd July
LONDON (AFX) - Corus Group PLC said the Central Works Council of Corus
Nederland has given positive advice on a new three year banking facility which
will facilitate the ongoing process of securing the facility.
On June 4, Corus announced that as part of the process of securing a new
three year banking facility to fund its medium term working capital
requirements, Corus Nederland BV's management board would consult with its
Central Works Council.
These consultations would consider that the terms of the new banking
facility would include the provision of security over the shares of Corus
Nederland BV, and the intermediate holding companies above it.