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Traders Thread Wednesday 14th July 2004 (CROC)     

Martini - 14 Jul 2004 00:14

Druid2 - 14 Jul 2004 07:51 - 4 of 41

Morning all from a wet North Wales. Thanks Martini for the update.

Big Al - 14 Jul 2004 08:30 - 5 of 41

Morning all.

Went long ICI on the big initial drop. Might be silly, might not be.

Have a good 'un

PS - JKX on a flyer. ;-)

daves dazzlers - 14 Jul 2004 08:35 - 6 of 41

morning all from an even more wet north wales than it was 45 mins ago,bang goes barmouth,oh well may look to buy today than.

Douggie - 14 Jul 2004 08:41 - 7 of 41

mornin all

little woman - 14 Jul 2004 09:03 - 8 of 41

Morning all, from a very grey damp hampshire........

Fundamentalist - 14 Jul 2004 09:15 - 9 of 41

Morning all

Raining in manchester - no shock there!

See GSK still heading south - still waiting for an entry point

Melnibone - 14 Jul 2004 09:21 - 10 of 41

Morning all,

Still in the range I see. Intel rocked the markets a bit, but
this mornings drop appears to be modest, so far, on low volume.
Situation normal, then. ;-)

Melnibone.

david 2000 - 14 Jul 2004 09:38 - 11 of 41

Would agree, Melinbone. MRW behaved well!

Melnibone - 14 Jul 2004 10:01 - 12 of 41

You've piqued my interest in MRH, David 2000.

We all did well out of the gap down open on SHEL, earlier
this year, and MRH is another good solid company that may
give us a repeat performance.

Going to have a look at its divi dates etc.. for timing.

I see LLOY is sub 400p, Stockbunny.
Are you getting itchy fingers? ;-)

Melnibone.

optomistic - 14 Jul 2004 10:35 - 13 of 41

Melnibone, you are not encouraging Bunny to go against the trend on LLOY are you?
opto

acw - 14 Jul 2004 10:38 - 14 of 41

Red red wine day. Very comfy with my nasdaq short.

Melnibone - 14 Jul 2004 10:47 - 15 of 41

Hi optomistic,

Since I posted a possible Head and Shoulders in LLOY, and the
downtrend chart in the Bank Index, I sincerely hope that Stockbunny
is certainly not interpreting my post as encouragement to fill her
boots with LLOY. :-))

Melnibone.

optomistic - 14 Jul 2004 10:52 - 16 of 41

Thanks melnibone everything does look negative with LLOY at the moment

emailpat - 14 Jul 2004 10:53 - 17 of 41

graph.php?size=Medium&movingAverageStrin


Is this a H/S ?

david 2000 - 14 Jul 2004 10:55 - 18 of 41

melinbone, its a great trading stock bothways. Been playing it since results. Just started playing with IAP too. But Risk Reward on MRW( I assume thats who you mean not MRH) is good, and its very liquid.
IAP looks to be at bottom of steep downtrend @ 3.15-20 area, and could bounce to 35-40. Only IMHO.

stockbunny - 14 Jul 2004 11:05 - 19 of 41

Good morning all - my hands are firmly tied together to stop any
buying of any description - liquid funds not available currently to
take advantage of anything....despite bunny instincts to fill up a bit
here and there..but better not say where, because it appears several of
you are slightly concerned about my buying habits and I don't want you
guys to protectively wheel in a straight-jacket to keep me in check!
;.) - all this gentle warning off is so sweet, just shows there is heart
on the trading boards!!!

Melnibone - 14 Jul 2004 11:10 - 20 of 41

Yes, I did mean MRW. Had a look at some Rns's and with ref to the long
side I didn't like that last 'Holdings in Company' one.

It mentioned that the stock is available for lending. This means loaning
it to Bears for shorting.

Emailpat, that is the possible H&S I was looking at, and for those
that missed it this the the Banking Index chart. If this carries on
it will not auger well for the Ftse in general, let alone Banks.

graph.php?size=Big&modeMA=Simple&enableM

Logging off for a bit now.
Catch you all at the US open.

Melnibone.

Big Al - 14 Jul 2004 11:19 - 21 of 41

Early long on ICI paid handsomely, halved AQP holding for +14 (I think), JKX took off and came back, the rest floundering slightly.

Oh well, slightly down at present.

If LLOY gets <395p, I'll long it.

stockbunny - 14 Jul 2004 12:10 - 22 of 41

Going up slowly....several stocks now showing blue or green from red
potentially better afternoon??

Big Al - 14 Jul 2004 12:36 - 23 of 41

stockbunny - UKX bounced off last Thursday's low, almost on the button.
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