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InterimsFinalsAGM / EGM CAL : Capital & Regional CAW : Carrwood EST : Eastern European Trust TFC : Trafficmaster WHY : White Young GreenEconomic		Market Closed Economic 1.30pm BST Core PPI May exp 0.20% 1.30pm BST PPI May exp 0.50% 1.30pm BST Trade Balance Apr exp -$45.0B 2.45pm BST Mich Sentiment-Prel. Jun exp 92		EconomicSP: 08.00 CPI (May) +1.4% (+2.7%) +0.6% (+3.4%) EU-12: 10.00 Current Account (Q1) 18.5bn IRL: 11.00 CPI (May) +0.4% (+1.4%) +0.3% (+1.8%) IRL: 11.00 Industrial Production (April Early est) +1.9% (+5.9%) -1.0% (+4.5%)

MB - broken out.

Still confident with my CTM short.

Anyone would think everyone has disappeared off for a long weekend......

Hello guys and gals.
Yipee had a short on the cable lastnight from 18425 and has falled some 250odd points -just gled to the screen locking in profits.

Hi all

Very quiet day - well done Zarif

lw - certainly not! Things livened up a bit.

Added longs in AZM and WBY. WBY - thought sell bot done, but was mistaken. Might be a bummer. AZM gives a nice ts so jumped in.

Nice one zarif. FX ain't my thing, but keep an eye on it. Do you watch the FX thread in the Traders' Room? Some handy stuff there.

I keep disappearing off to do things. I come back to find very little has
changed.....

Nice to hear you are still doing really well zarif - whats your secret?

Big Al

long a housebuilder day after interest rates go up - bit contrarian ?

Morning all

Zarif - we took it in turns! Had to have a lie in I was exhausted.

A very well done on your trade.

Fundamentalist - purely speculative intraday L2 play. Unfortunately, sell bot still there - thought it had cleared. Watching closely, but could lob for only minor loss. Looking round the sector, prices being held up depsite +0.25% Don't believe it'll last longer term.

amberjane, I'm afraid its afternoon not morning! Nice to see you up and about.

amber - remember CAN? It's not you buying and making it go up?

Oh s... is it, I wondered where half my life was going!!!!

Afternoon LW & all. :>)

Al

Longer term the one with real value to me is MCTY. Very strong fundamentally, been making share buy backs, higher margins, higher ROCE, gain planning easier, less susceptible to interest rate rises, little competition in retirement market, aging population, likely takeover target for Persimmon etc etc. Looking for a retrace to 480-500 (hopefully) before buying in the ISA.

Nope no funds at present but I bet your pleased, in profit yet?

Fundy

Was thinking of ditching Bovis for MCTY for same thoughts, aging pop etc. Any long term thoughts on BVS?

Amber

Bovis from the dealings I have had with them are a well run company with a pretty solid land bank. they are currently one of the mid sized companies who are not quite big enough but dont want to be taken over. for a while it had been perceived within the industry that they and Redrow would merge to enable them to compete in size with Persimmon, Barratts and Taylor Woodrow. The industry is quiet currently but there is more consolidation to come and i wouldnt be surprised to see Bovis involved. I will have a look at the fundamentals later and post some more thoughts.

Fundie - never looked at MCTY before.

Never been much good at picking things on numbers; purely TA for me and intraday stuff playing with the spread.