Crocodile
- 11 Feb 2004 00:29
UK PreMarket Futures |
FTSE +2 |
DAX +2 |
DOW Unch |
S&P Unch |
Nasdaq -0.5 |
News: |
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U.S. stock markets closed
higher with gains in technology despite caution ahead of the testimony by
Alan Greenspan on Wednesday
Reckitt Benckiser household goods
reported 2003 final profits rose 20% of 489 million pounds ust above analyst
forecasts of 472-486 million pounds, For 2004 they set targets of five
percent plus growth for sales and low double-digit percent growth in
profits,
BSkyB misses analysts forecasts but as
expected announced but it would pay its first interim dividend of 2.75
pence. The spread beaters are forecasting +5p at the open but could quickly
drop!
BAA airports reported a 4.8 percent
rise to 9.3 million passengers meeting its its projections in January
despite weather disruptions and tighter security. Its seven British airports
,Yell Group telephone directories publisher reported a 10.8% rise in
nine-month earnings and said it was on track to meet year expectations. hmmm
Liberty International shopping centre
chain owner, said its Chairman Donald Gordon would step down by mid-2005,
after months of speculation about his future. The company posted a 13.5%
rise to 906 pence-per-share above the market consensus.
BP said it spent about 32 million
pounds buying back 7.7 million sharesshares yesterday propping up the share
price!
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Calendar:
United Kingdom |
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United States
(GMT) |
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Europe & World (GMT |
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Antisoma
(I), British Sky Broadcasting Group (I)
Scott Tod (I), Yell (Q3)
Electric Word (F), Liberty International (F), Reckitt Benckiser (F)
Countryside Properties (AGM),
United Drug (AGM)
Safeway (EGM),
BAA (January) Traffic
FiguresJan/Dec labour market report (09:30)
BoE quarterly inflation report (1030)
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Coca-Cola (Q4)
The Walt Disney (Q1)
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Douglas Holding (Q1)
Elmos Semiconductor A
AWD |
Ex Dividend:
CD Bramall 7p, Daejan Holdings 22p. Grainger Trust 12.8p, Mentmore 0.445p, Sage
1.095, SPW 4.75p, SGC 0.9p. |
Douggie
- 11 Feb 2004 08:30
- 4 of 28
mornin all,
Melnibone
- 11 Feb 2004 09:08
- 6 of 28
Morning all,
Not a lot happening. Greenspan is the key.
My D4F FTSE chart is a little odd this morning.
It's showing a traded range between 4350 and 4535?
Can't believe people actually traded at those levels.
Melnibone.
Crocodile
- 11 Feb 2004 11:13
- 7 of 28
Still short Psion, and happy :-)
ThePlayboy
- 11 Feb 2004 12:55
- 8 of 28
WARNING
GREENSPAN SPEAKING AT 3PM!
HAD MY WORST DAY THIS YEAR WHEN HE LAST OPENED HIS MOUTH/ MAY PUT MY FEET UP UNTIL AFTER HES SHUT UP!
edit-just got another rep that states 4pm?
Melnibone
- 11 Feb 2004 13:17
- 9 of 28
I've been caught with him as well TP.
It's as if the market knows what it wants to do,
selects the bit he says that gives it the excuse,
and then who ever has the profits to take, Bulls or Bears,
takes it.
The way the futures are setting up, this could be a gap open
and then drop around 3 to 4 pm.
Have temporarily banked SHEL profits for the moment and kept
one Blue Chip long, that is flat, to cover any upside.
Going to watch the FTSE/DAX indices to try and follow any move.
Melnibone.
ThePlayboy
- 11 Feb 2004 13:21
- 10 of 28
mel- i will be trading the close 430 to 530 rather than info, great trend in the last half hr for 16pts, no wish to trade the afternoon but reamin open minded
stockbunny
- 11 Feb 2004 13:21
- 11 of 28
Question following on from my conversation with LW yesterday...
I don't usually 'play' the short it/long it game, I trade shares
on an 'actual' basis only by phone with my current broker.
But I'm curious and would like to test
out trading on a more active day to day basis. However, before I
make a decision to get involved - and get my cash involved! - I would
like to have a trial run.
So, which companies/sites based on the experience of those who do trade
this way offers both the opportunity to trial a real-time 'fantasy' portfolio or
experimental trading session/s AND who offers the best value for money with the least hassle and general screw-ups experienced!!
Much thanks to anyone who has time to respond - I know you guys &
gals on this thread are busy-bunnies!
Melnibone
- 11 Feb 2004 13:26
- 12 of 28
Hi stockbunny,
I'm not going to advise on which company to use for real,
that's down to you.
But if you want to trial with pretend money, then CMC(D4F) and
Capital Spreads will both give you pretend money and simulated
trading on real platforms where you can test your mettle.
Melnibone.
zarif
- 11 Feb 2004 14:12
- 13 of 28
Afternoon everybody and hell to you all as have not "talked "to you for a while.
S/Bunny -you can also try City index simulator -but no charting ( icouldnot find it anyway)
rgds
zarif
Melnibone
- 11 Feb 2004 15:04
- 14 of 28
Afternoon Zarif.
I hope there was an 'O' missing on that 'hell to you'. ;-)
Melnibone.
stockbunny
- 11 Feb 2004 15:07
- 15 of 28
Thanks Melnibone and Zarif - will give them a try, been round a
couple (comdirect & sharecrazy) like bits of both and dislike bits
also!! Will keep searching about! Hope lady luck is with you today!!
zarif
- 11 Feb 2004 15:09
- 16 of 28
Melnibone -Just noticed that and YES definitely O missing -So here goes "hello to all of you" again.
ps: i better go for an eye test
zarif
Melnibone
- 11 Feb 2004 15:16
- 17 of 28
Don't like the look of the FTSE.
Closed last blue chip long for a 0.5p loss.
Looking for Indice shorts now.
I smell another Greenspan effect 'tank' building up.
Melnibone.
Melnibone
- 11 Feb 2004 15:23
- 18 of 28
We'll put it down the novacaine Zarif.:-))
Watch your eye on the DOW today. This market is 'teed' off
with narrow range trading. Things could get violent if it
finds the catalyst it's looking for.
Melnibone.
zarif
- 11 Feb 2004 15:36
- 19 of 28
quite right melnibone.
Just watching atm -Until greenspan opens his mouth and the dow usually drops-but am not going to pre-empt it as tomorrow is another day.
rgds
zarif
seawatcher
- 11 Feb 2004 15:51
- 20 of 28
stockbunny,
This web site may help youhttp://www.find.co.uk/investments/Spread_Betting/
Have fun
sw
Melnibone
- 11 Feb 2004 16:21
- 21 of 28
DOW hit 10,700 and FTSE 4400 and both bounced back.
Now we'll see where we're going.
Melnibone.
snoball
- 11 Feb 2004 16:26
- 22 of 28
Stockbunny, Finspreads lets you spread bet with pennies for eight weeks after opening an account. Better to trade with 'real' money (albeit with very little).
You can also open an account with 100. I practised on the Dow with literally pennies.
snoball
- 11 Feb 2004 16:28
- 23 of 28
I had a feeling the Dow would hit it today, Melnibone.