Morning all.

morning all i can see is good news today all companys reporting good results,so will be hard for ftse to be negative imo

morning all,hope its good news for mr bigley today!!!!!

Hilo all.


This thread seems very quiet noted by the absence of Mel, Big Al and others of note.

Are they all on holiday?

Is Mel sunning herself in Florida or is has it become a working holiday?

Is Big Al really a Scret Agent on a mission in the North Sea for Emerald Energy?

Has Daves Dazzlers made a million and kept it quiet?

Has Stockbunny rerally held her BFP shares?

Will I ever learn?

wishfull,but hopeeeeeeeeeeeeeeeeeeeeeeeeeeeeeefull .morning seawall,raining in wales,,,,,,,,,,,dont tell me its the same where you are ?

No it is overcast but nice.

Can't see the wood for the trees today so I am hanging on to my play money.

The rest is all resting, still!

At least it is not losing ;-)

I am still not tempted to go back into BFP, not enough to gain and plenty to lose if The Icelandic deal falls through.

If it works then the longer sufferers will deserve anything they can get, but there is no need to share the pain imo.

If it goes ahead a breakup is being speculated as the probable result. Bauger would only want the Iceland label, so the can put Icelandic labels in to sell or is that too simple?!

sounds about right to me,i think malcolm walker is after some stores,after all the bad press of the last 5 years {the iceland brand is not worth much{he will but his new brand on the stores{cooltrader}he is already flying with it .
but its hard to get stores in the right locations,,,,so he will no doubt make a play for some of these!!!!!!!!.glad i am out,but i wish him well,,,,,he`s a retailer.strange story in todays daily mail,about mtn/wallmart,,have a look on the homepage moneyam.

The writing appears on the wall, especially after the Walmart denial of the denial last week.

George label in Matalan stores would be a serious threat to Tesco's up an coming clothing sector.

Right, still not tempoted to buy this morning, so I am off out with the dog for a couple of hours, later all.

morning campers,

long ARM BLND CTM MNKS TSCO DAX S&P all with stops in place

will pop in during the day in the mean time you give the market a caning :-)

Mega...

TSCO looking good again,thank you all for shopping there :-)

Good Morning all.
VOD highest on the heat map this morning up 2.30%

covered TSCO +3

looks like a 2900 sell bot on CTM still

looking to short RB before too long!!

Here are Tom's views. FTSE target of 5013 looks interesting.

-----Original Message-----
From: Tom Hougaard
Sent: 22 September 2004 10:26
Subject: Market thoughts 22nd September 2004


Good morning,



The Fed raised rates last night and the market really did not care one way or the other. I have not written anything over the last 3 days because I did not have a clue where we were going. The market is stuck in a range between 1120 and 1130 in the SP500.



Volumes picked up yesterday and the FTSE has broken above the important 4600 area. Technically this targets the 5013 area in this index. However, I have never seen the FTSE move up and the Dow move down or trade sideways in the same period. By that rationale you can make an educated guess that the Dow and the US in general will rally as well. Until you see the market break above 1132 the market could just be range-bound. A move above 1128 could be bullish intra-day but my indicators are suggesting that Thursday may not be bullish at all.



Looking ahead to the rest of the month I am of the opinion that the big funds may try to stabilise the market at current levels. The quarter-end mark up is definitely in play and this could make it difficult for the bears to push the market down. Should 1118 be taken out it could attract much more selling as it is a key technical pivot.



The oil companies like Exon and the cyclical companies in the US are holding up well. As long as these two groups are holding up I see no reason to be overtly bearish.



The 24th September is a major cycle turn and it may be a high, by looking at the way the market is trading. It is two days away so I would keep an eye out for that. A weekly close in the Dow above 10350 could be the trigger to a rally taking the Dow to test the highs for the year. The problem is that volumes are significantly lower than average and we are making lower highs and lows. As I said a move above 10350 may just be the trigger we are looking for to confirm the bullish count.



So there you go, I am neither bullish nor bearish. I am sitting on the sideline together with millions of others, waiting for something to happen. J



Tom



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short RB 1406 s/l on

RB starting to drop :-)

covered RB +2

short RB again 1401 s/l on

covered RB +3

am i the only one here:-)