Any punters living in Birmingham Area interested in a Pie, Pint and jaw, one evening in a pub in Birmingham area.
Personally interested in small time investing(gambling), developing an appetite for CFDs. Also developing an interest in Charting or TA.

I use Sharescope, Moneyam, Barclays, Comdirect and IC

MG. We had a grand total of 3 attending. Some interesting speculations about market in general and a little about individual shares and Brokers and MMS tactics. We then discussed as usual "politics" and general distastes like grumpy old men. I think we need a small agenda and also a slightly larger number. The beer was good as it was a Camara pub.

We are going to try to have another meet. Probably a Tuesday, Wednesday or Thursday late afternoon or early evening in about 4-6 weeks time, at the same pub. (The room is quiet and non-smoking, if not very salubrious).

If there are interested punters out there, suggestions are welcome. (Not rude unless they are about Dil.

Morning Fred. "Grumpy old men"? Oh, I thought we were all quite cheerful really! I agree that the beer was good, even if the second shift of bar-keeper turned ordering into something of a lucky dip. Hope you and Stan both got back OK.

I've just flogged a small holding, which turned out to be above NMS. The odd thing was that it would have been easier to trade on line as the size allowed at the time was much bigger than the telephone broker quoted. Last time I looked on L2 (earlier this month) there were only two MMs, one dealing in 1,000 lots and the other going for up to 10,000. Quite a difference, a factor of 10. Today the broker said that there are four MMS in the stock, max 500. Question therefore arises is whether L2 really gives us the full picture. Or maybe the situation is just rather fluid just now.

The broker remarked on the present dull tone of the market, saying people were just sitting on their hands, and suggested that the forthcoming UK election was the problem. So there we have it. All will be well after May 5th. Or will it?

Good afternoon, It seems that 2 of us got home. Haven't heared from Stan. Was Stopped out on OXB while I was out. Think looking at the market and our chat I am not unhappy to have a small amount of cashin hand.
But one thing which did annoy me about last night was, that I was driving and couldn't taste the variety of beers on sale.
Don't think my wife would deliver me to a pub and pick me up later. If there is another meeting may risk asking her though.

Yep no problems getting home Fred, trains went fine, and I did enjoy the Informal meeting. Good to meet you 55011.

Certainly In favour of another meeting as Fred has suggested (the earlier start favoured for getting home) In my case. Will be on Holiday 27th May til' 6th June. but available either side of that week.

I do sympathise with you about the Ale tasting Fred, they do have a good variety there.

Just to encourage anyone thinking of attending next time the pub Is only about a 10 minute walk from New Street mainline station In Birmingham.

A central Brum pub is perfect for me - provided the dates are OK count me in for next time.

OK I will try and put some date up shortly, but hope for a little more punters first.

After a brief E-mail chat we have the following thoughts for the next meeting :

The agenda could include the following:

1. Peoples Individual experiences with various Brokers. good and bad.

2. Pros and Cons of Investing against Trading and vise versa.

3. How do SIPPs work In practice.

4. Advantages/Disadvantages of different ISP's.

5. Modem verses Broadband.

6. Investment Strategies

7. Shares worth considering for long term or short term

8. Who phoned Dynamite in the middle of the night?

9. Promise not to tell if you give me her phone number.




Time and place :-

Tuesday May 24th at 4.30 pm.

The Anchor.
308 Bradford Street,
B5 6ET.

Stan, 5501, MG GOWMH,

Just been thinking.

For the meet on the 24th of May.
Would it be of interest for us to look at a few of the shares we are currently holding or are on our watch lists and print out a few charts with a few and associate indicators etc?
Also taking a look at known fundamentals, news of some of the possibilities for these particular shares and market in general, especially as the market is a little rough at the moment?.

Just a thought.

After all this thinking, I think it is time for me to go and have a lie down and rest!!

8-))

Fred,

Now go easy on that there thinking. It's a dangerous pastime. That agenda would keep us all going for a month, or until the beer runs out.........

Date is in my diary, the day after JDT AGM, which from memory is one of the trusts that doesn't do a lunch, but does give a chance to compare notes with their fund manager.

See you in the Anchor, markets permitting.

I think that sounds fine Fred Infact whatever we feel might be of some benefit

to others Is worth bringing to the meetings.

I will make an effort to bring along some FOREX stuff - seeing as how that's my current addiction/obsession.

Great day for the West Midlands yesterday. Baggies pull it out of the hat and the Blues wipe their Arse nal on souther wooftas ;)))

All we need now is a Russian Billionaire to buy one of them !!!

Just been thinking again. Well trying to. Anyone with ideas about stop losses and their implementation.

Does approach vary for various instruments.

How one sets them-How one implements them.

Would these ideas stimulate or frightened.

Who will materialise at the meet.

I was thinking about these with my own holdings SEO,RTD,CASH, BPRG would print graphs it anyone else holds them or is interested.


See you at Tuesday May 24th at 4.30 pm.

The Anchor.
308 Bradford Street,
B5 6ET.

This Is all good food for thought Fred.

Will see you all at 4.30 pm this afternoon.

Good to meet you guys - hope the Oakham hasn't sent you crazy

Stan
Have you had a look at ITQ today ;)

Good session. Hope you all got back OK. Just having a quick look at what I "missed" today, bit of a mixture really.

Ah well. Tomorrow is another day.

55011 i hope you have fared better than I have today. Perusal of my shares to-night gave a report of could do better.

Meet again same place same time one month if I still have the car out of hock.


8-)

MG What were you saying to me about the size of my holdings. My hands are now in a different place. 8-)

Fred
Shouldn't wear those tight trousers - now you're (just) over 30 you need to give them a bit more room for manoevre ;)

To while away the hours whilst SEO and BPRG drop ;)

http://www.netdania.com

Detach the chart and expand it to fit the screen then
Instrument = GBP/USD
Timescale = 5 minute
Studies = SMA = 60; MAE = 25; MACD = 19,39,9

Watch the movement and, perhaps, paper trade FOREX to see if you like it;)

mg - I moved from cable to BPM5 a while back - check it out - it's like forex thru SETS, so you can make market. Trades 23 hours a day - so time to take a pee, and can hedge with FX if u get a sharp movement whilst closed. Currently trading 15 or 16 points lower, converging for end of June. Spread typically 2 points. Trading costs (through etrade) mean you need less than 2 points to make profit.

Enjoyed the evening and looks like we all got home OK.

Will have a gander at ITQ sometime today MG.

I see the Monster MOB Is up another 6% so far today.

Same time same place next month Is fine by me Fred.