What the Sunday Newpapers say

SUNDAY TIMES - Lord Black's attempt to block the 665 million sale of the Telegraph titles to the Barclay brothers given a boost by a Delaware court which has given him the go-ahead to launch legal action to stop it - Russian conglomerate AFK Sistema plans to float some of its largest divisions - Ryanair and BMI Baby planning a big challenge to Gatwick incumbent Easyjet - Standard Life will this week unveil a restructuring of the company designed to bring it into line with PLC standards of control - Hermes backs 80 million buyout at Oyez Straker - Highland Gold believed to have won two 20-year licences to exploit gold deposits in the China region of Siberia - Eight bidders have entered the final 3 billion race to buy one of National Grid Transco's local gas networks - The Weston family is to bankroll the expansion of the Build-a-Bear Workshop chain of stores - Bridgepoint signs an exclusivity agreement with Pets At Home after offering to pay about 30 million more than the 200 million asking price. Inside the City: - If Berkeley Group trades on the same rating as its new peers, St Modwen and Quintain Estates, the shares will stand at a small premium to assets - The big concern is that Lloyds TSB should be a recovery story, yet there are no visible signs of its happening Citywire Market Mole: - Framlington star Nigel Thomas has top-sliced 100,000 shares in Cairn Energy from his UK Selected Opportunities unit trust holding Judgment Day: - Should you buy shares in John Laing? - Yes. Agenda: - Strange goings on at Marks & Spencer Other comment: - Interview Adrian Wyatt of Quintain Estates.

SUNDAY TELEGRAPH- Michael Spencer makes 1.8 million in Marks & Spencer shares coup - Virgin Mobile and M&C Saatchi poised to float within days - CVC Capital in pole position to win Centrica's AA auction - Capital One emerges as favourite to buy Egg for Prudential - T-Mobile to launch its new 'juice box' online music service tomorrow - Cable & Wireless is facing legal claims for at least 50 million after its Pender offshore insurance subsidiary refused to pay out on policies written during the height of the dotcom boom Equity View: - Buy Cairn Energy at 13.85 - Aggregate Industries remain a buy at 82.25p - Hold on to Alexon at 349.5p (Look Who's Trading) Citywire Brains Trust picks the favourites: - Radstone Technology at 330p - Dyson Group at 302p - Spring Group at 119p - PSD Group at 266p - Robert Walters at 121.5p - Umeco at 351p - Reliance Security at 535p - Synstar at 74p - McBride at 142p - Acal. Taking Stock with Edmond Jackson: - Shame on those nominee brokers that see no need to pass on information which shareholders are legally entitled to see - I am continuing to hold Dana Petroleum but am also watching Sterling Energy and Hardman Resources - Filtronic is useful to watch for a buying opportunity Business Comment: - Time for a full and frank disclosure about Marks & Spencer, Mr Rose. Other comment: - Vedanta Resources chairman threatened with ousting by other directors - Profile Mark Mobius, president Templeton Emerging Markets - Interview Sir Peter Middleton of Barclays

OBSERVER  - Marks & Spencer braces for fresh Stuart Rose shares row - Leading institutions are selling shares in Shell over concerns about the company deals with environmental issues associated with its activities in Africa, US and Sakhalin Island off the Russian coast - Brazilian and Japanese steelmakers have emerged as frontrunners in the bidding to take a majority stake in the Teeside operations of Corus Group Throg Street: - New light on energy shares such as Scottish & Southern, Scottish Power and United Utilities - Who's to say Shell won't be at 500p by this time next year? Other comment: - Mammon interview David and Simon Reuben.

MAIL ON SUNDAY - Chief executive of Marks & Spencer, Stuart Rose, deliberately misled Philip Green about his impending appointment in an attempt to thwart the entrepreneur's plans to buy the retailer - Bid hopes fading at WH Smith - Citywire Secret Dealings: Andrew Green takes a liking to Shanks Group Midas Column: - Something to cheer about at Sainsbury, but Midas would not buy Other comment: - Interview with Paul 'The Plumber' Davidson - Interview Peter Radcliffe of P&O Princess Cruises - Berlin riddle of UK share sales

THE BUSINESS - Axel Springer still seeking a UK acquisition - Motorola details plans to spin off its Freescale Semiconductor division in two stages Benchmark: - Reality bites for initial public offerings as investors get wise - France Telecom: at the bottom of the Pages Jaunes price range a dividend of 5% could be expected - It is refreshing to hear somInside the Market: - Value Investor: Fyffes, a picture of a good business well run - Aim Investor: Canterbury Foods one to watch, although it may be a little early to buy at the moment Other comment: - Smiths Group detects huge market in US airports for new scanners - Pressure is on Richard Handover to quit struggling WH Smithe good news from Corus Group

SUNDAY EXPRESS - Financial Services Authority shares probe puts Marks & Spencer chief Stuart Rose under threat - Stationery Bay, the retail chain, is seeking a new owner - ITV keen to buy Disney's GMTV stake - Centrica is considering a sale of its telecoms business One.Tel - Baugur acquires the Shoe Studio Group - Motorsport magnate David Richards is vying to buy a majority stake in the British American Formula One team he runs - Somerfield chairman John von Spreckelsen plans to reduce his executive responsibilities and install a new chief executive - Interview Charles Allen of ITV - Cable & Wireless is a natural to consolidate the sector

INDEPENDENT - Leading shareholders in Marks & Spencer are demanding that chief executive Stuart Rose reconsider Philip Green's 8.38 billion offer - Barclay brothers planning major surgery at the Telegraph that could results in the loss of 100 jobs - Permira hatching fresh bid for WH Smith after pensions setback. - Interview John Clare of Dixons Group

INVESTORS CHRONICLETips:Buy Nord Anglia Education (NAE) at 230p - Avon Rubber (AVON) at 213p - Gladstone (GLD) at 14.5p - Asia Energy (AEN) at 68p - Hydro International (HYD) at 108p.Sell Cadbury (CBRY) at 470p.Tip Updates:Buy SectorGuard (SGD) - Tesco (TSCO) - Hidefield (HIF).Sell LloydsTSB (LLOY) - Aggreko (AGK).

SHARES MAGAZINE Plays of the Week:Buy: Matalan (MTN) at 203p - ITE Group (ITE) at 62.5p - Sectorguard (SGD) at 3.75p Victory Corporation (VRY) at 357.5

Many thanks to MrEuro for being our Thoughter this week who gives us an insight into his own trading strategy.

As this may be being read by people new to trading I asked him to explain what for seasoned traders may seem obvious abbreviations and trading terminology.

Enjoy the rest of the Weekend.

Good Hunting
Still gutted Englishman of Oxon

Very interesting thread read Mart! Btw, I thought you had retired?? :)

I'll be back, that's for sure.

Cheers J.
I have. How do you think I got the time to do this? :)
M

morning all,

morning all and thanks to Mr. Euro for his thoughts on his way of trading.

Morning all

Morning All

Thanks martini/mr E

morning all,,be effort this week looking to get some deals done,,eid is one i like///////any info all appreciated,cheers.

mornin all

Morning! Thank you Mr.Euro for your thoughts - very interesting
and clearly explained from my novice point of view - if the bunny can understand it, I'm sure the rest can! (lol)
Thanks as always to Martini. Good luck to everyone today!

Morning all.

Still long JKX, MRS, short WHT.

Added AMT at 196p long earlier. Seems to have broken up.

Hope everyone's having a good day.

Morning all. Thanks Mr Euro.

Bunny, see ANL rising ... slowly

Welcome back Big Al. Sun is actually shining today - must have brought it back from Houston.

Have a good week everyone.

Yes JJ...let's see if (and it is IF) they (ANL) do take off again today,
I can manage to be AT the computer at the time to see it! (lol)

Ridiculous spread on MTN currently considering it's not a small co
and is in the FTSE 250!

jj - stuck a little sun in the bag. ;-)

MM's having a bit of a shake on JKX and MRS, although JKX may have resumed.

Tempted to take a few more MRS. Watching.

CDW rebound continues. Oils seem to like the Iraq progress news (I thought it would reduce oil price?). I don't trade much from Mar-Oct (unless it rains for a week), so not been here much lately. Just popped in to catch up on a month's postings!

Tom hougaards thoughts for today

Good morning,



There are a couple of things on the agenda today and this week which can influence the market or will influence the market.



The Iraq handover has been completed. I dont know if this will have an effect but the markets seem to like it. The US futures are pricing in a rise on the open today. (I got today as a positive day and most of the week points higher).



The Russell 2000 re-weighting of stocks plays havoc with the market. At least that is what we saw on Friday. Certain Dow stocks dropped a full dollar in seconds going into the close (our chief dealer was furious as we settle Dow bets according to the cash price, and the Dow kept ticking away for another 10 minutes after the close). The Dow dropped 30 points after the closeJ. The re-weighting may continue for the rest of the month, i.e. next 3 days.



The end of the quarter is coming up and this will almost always bring about attempt to push prices higher to mark up portfolios.



Finally we got the FOMC meeting this week which should bring about some decent volatility.



As for the technials we got a lovely mixed picture. The NASDAQ looks strongest of the lot while the SP500 and the Dow got some catching up to do. However, as long as the SP500 holds above 1132 I will lean on the bullish side. Below 1128 in the SP500 will be a bearish development for the index. We are coming into a strong period of the year and I have this week mapped out to be mostly rising prices. You should also be aware that the month of July and August historically is the strongest of the year together with December. As we are in an election year this should be even more evident.



Tom

If anybody is interested in attending the Yorkshire traders group meeting which is run by Tim Leleux (aka THE PRIEST).the details are below.

This months meeting is Thursday July 1st at 7:30pm, Crowne Plaza, Wellington Street, Leeds

Long ROK 348p a bit ago.

Hefty MRS trade at 298p.