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Traders Thread Friday 25th June 2004 (CROC)     

Martini - 24 Jun 2004 21:34

stockbunny - 25 Jun 2004 14:55 - 30 of 39

Having checked it out I must admit I'm impressed and the saving on
costs was really the main reason for me - cuts the margins to break-even
considerably. Will still hold a few (real long-term holdings) on paper
as I'm unlikely to sell those in a hurry. Anyone else out there who's
slightly nervous about going into electronic trading, it's not as scary
as it looks! (and that's from someone who refuses to buy/own a mobilephone....
I know sad isn't it!)

Melnibone - 25 Jun 2004 15:04 - 31 of 39

Word of warning, Stockbunny.

It's very, very easy to click a mouse instead of phoning
somebody up.
Be careful that you don't overtrade or get caught up in
following the intraday ticks to the detriment of your
medium and long term trading strategy.

You'll tear your hair out if you get caught wrong footed
by the games the traders get up to.

Melnibone.

stockbunny - 25 Jun 2004 15:12 - 32 of 39

Very true Melnibone, don't worry I have a cautious streak.

Melnibone - 25 Jun 2004 15:29 - 33 of 39

Just listened to the ANL update story on Bloomberg.

Rumour is that Santander is selling down its stake in RBS
and buying into ANL.

If it's true, this may also answer my question on why
RBS keeps dropping below 1620p.

I hate it when stuff seems to fit so logically like that.
I always get the feeling that I'm being manipulated.
I'm a fully paid up member of the Sceptic Society. :-))

Melnibone.

Velocity - 25 Jun 2004 15:39 - 34 of 39

Isn't that the beauty of charts though Melnibone? I only trade on TA because imo on a short term basis price is the only relevant information.

Melnibone - 25 Jun 2004 16:01 - 35 of 39

Seeing as ANL is supposed to be a bid target, there seems to be
rather an indecent haste in taking profit today.

Beginning to sound like the games that regularly pump CTM up
and down.

Melnibone.

Big Al - 25 Jun 2004 16:04 - 36 of 39

Morning...........well it is here.

Flight home today so will be around from Monday.

Still running longs on JKX, MRS and short WHT. All have done very well this past couple of weeks so really happy.

Hope you're all doing fine. See you next week with any luck.

Velocity - 25 Jun 2004 16:04 - 37 of 39

Looks good for a long

graph.php?startDate=25%2F12%2F03&period=

jj50 - 25 Jun 2004 16:17 - 38 of 39

Velocity, you read my mind.

Things to do. Must head off early. Have a good week-end everybody. Safe flight Big Al.

Big Al - 25 Jun 2004 16:33 - 39 of 39

Thx jj
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