Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.
  • Page:
  • 1
  • 2

Traders Thread - Friday 7th November (EZJ)     

Crocodile - 06 Nov 2003 21:44

Premarket Futures FTSE +23 DAX +18 DOW +7 S&P +0.7 Nasdaq -0.5

1 Day 2 Day 5 Day - UK News

draw?period=1D&class=class+com.deltastre

FTSE 250

draw?period=1D&class=class+com.deltastre

FTSE Small Cap

draw?period=1D&class=class+com.deltastre

FTSE TechMark

1 Day 2 Day 5 Day  Futures  US News

draw?period=1D&class=class+com.deltastre

Nasdaq 100

[Chart]

S&P 500

globex.png

S&P Futures

DAX / CAC    Euro News

Nikkei +76  Hang Seng +82  Asia News

[Chart]

10 Year Bond

t24_au_en_usoz_6.gif
UK/US charts have 1,2 or 5 day views. and now FT NEWS & Price link to UK, US & Asian markets. The Dax/CAC and Nikkei/Hang Seng are now switchable
News: Sorry Your browser is not java capable  

US Stocks closed higher following the good results from Cisco and what is expected to be a strong labour market report tomorrow

Scottish and Newcastle said its 50 percent owned Baltic Beverages Holding in Eastern Europe, one of its key growth businesses, saw third-quarter sales in euros rise one percent.

Cookson Group electronics and ceramics engineering said that activity in its markets improved in Q3 and it made a profit. It expects to meet market expectations for the year.

EasyJet said it carried 1.92 million passengers in October, up 17.8 percent from the same month last year and its passenger loadings were 85.5 percent, up from 83.8 percent.

ukf.gif Calendar: United Kingdom
usf.gif United States (GMT)
euro.gif Europe & World (GMT

AQXL Ricardo (I), Shire Pharmaceuticals (Q3), EasyJetInvox (AGM), Pochin's (AGM) Quayle Munro (AGM), Thomas Walker (AGM)Q3 insolvency statistics (09:30)

13:30 Average Workweek 13:30 Hourly Earnings 13:30 Nonfarm Payrolls 13:30 Unemployment Rate 15:00 Wholesale Inventories 20:00 Consumer Credit

Ahold NL Q2 Comdirect D Q3 Deutsche Post D Q3 TotalFinaElf F Q3

Croc@SnappyTrader.com  WWW.SnappyTrader.com

Bloomberg TV

Futures

Pivot Calc

HTML Editor

weather.gif

little woman - 07 Nov 2003 08:14 - 5 of 33

Morning all,

Thanks for the info -

Druid2 - 07 Nov 2003 08:14 - 6 of 33

Morning all. Stopped out of BARC shorts at 499 yesterday for a nice profit. Plenty of spare margin now to look for something else.

Melnibone - 07 Nov 2003 08:32 - 7 of 33

Morning all,

Bit earlier for me today, there's this strange orange thing
in the sky creeping over the horizon. ;-)

FTSE at R1. I would like to see it drop to at least PP before
the US payroll numbers.

Seems to not want to go above the weekly highs.(Check out the
5 day tab on the FTSE chart at top of this thread again).

I still maintain that we need good, not just inline numbers, for
the markets to start another leg up.

But that doesn't mean that I'm right. If only it was that easy.

Melnibone

little woman - 07 Nov 2003 08:50 - 8 of 33

I think the UK is picking up on the US optimism and just relieved that results aren't worse than expected (or like ENRON!)

Melnibone - 07 Nov 2003 09:03 - 9 of 33

FTSE kissing R2 at the end of the first hour.

It would have to be a brave buyer who bought here.

Melnibone

washlander - 07 Nov 2003 09:11 - 10 of 33

I feel one of the reasons we lag so far behind the US [I talk as a private investor] and the reasons we are so far in debt. Hence the interest hike, is because we are so heavily taxed in this country. This makes it very difficult to save. Consequently people resort to various forms of credit and remortgaging to raise finance. In turn this has a bigger effect on the investment market on the whole. The private investor is that much more cautious as they know how hard it was to come by that free cash so to speak. That is partly why I feel we lag so far behind the US.

little woman - 07 Nov 2003 09:23 - 11 of 33

The US are in far more debt than we are, but companies in the US pay their bills promptly, unlike in the UK - so we have major cash flow problems & they don't. Also they have chapter 11, so the consequences for companies are not as bad as they are in the UK - so they can afford to take risks but we can't in the uK!

Melnibone - 07 Nov 2003 09:39 - 12 of 33

That looks like it could be the mornings top to me.

BARC and AV. reluctant to go much above 500p
RBS didn't make R2.
FTSE still around R2

Melnibone

washlander - 07 Nov 2003 09:41 - 13 of 33

It is the psych in the US. If people go bankrupt they are appauled for getting back on their feet not treated as a pariah which seems to be the case over here.

Their economy is far far greater shape then we are and they did it by dropping taxes and not increasing it as seem to be the case over here. It appears that when ever this goverment and successive goverments make errors they just raise taxes.

Makes it very hard for the small investors to raise excess cash through savings.

little woman - 07 Nov 2003 09:50 - 14 of 33

I must agree that raising taxes is not the answer. You'd have thought that we would have learn't that from when Maggie was in power. She lowered Taxes and the Treasury raked in more money than ever and paid off loads of debt. The current Gvt, have raised indirect taxes (e.g.NIC) and not really raked in any more money than before, as we are all looking for ways of not paying the extra!

If they made personal allowances 12,000 and then taxed the rest at 15% (treat all types of income as the same), then there would be no reason not to declare every penny a person earn't, no matter who you were - the tax forms would be a lot simpler. Think of all the extra money the govt would rake in from the exta declared income!

(Taxation Accountants would go out of business, so it wouldn't be popular, but tax inspectors would have no need to investigate individuals and just spend their time on companies!) Too simple!

little woman - 07 Nov 2003 09:55 - 15 of 33

Look at BT.a go!

Melnibone - 07 Nov 2003 10:11 - 16 of 33

BT.A is a sore point with me.
Got my timing wrong there and only took a small profit.

I had my opportunity to rebuy lower but misjudged the market.

Never mind, the market and it's opportunities will always be there.

Melnibone.

little woman - 07 Nov 2003 10:46 - 17 of 33

I know what you mean, I had built up quite a large holding not so long ago, but got fed up with it not going anywhere, so sold to release the cash at a small loss to move on. (Which I must admit is coming along nicely!)

My only worry is I'm starting to use stop losses more and more to lock in profits, but have to restrict some to the actual day as the spread first thing in the morning would kick some of them in, which I wouldn't want! But this is dependant on being around to set them up after the spreads tighten up!

Melnibone - 07 Nov 2003 11:06 - 18 of 33

I tend to use manual stops. I don't trust the way these wierd spikes
tend to happen that take positions out.

Getting very reluctant to take long positions at the moment.
Markets are just too near the highs for comfort.

I know that you should follow the trend but I would prefer these
levels to become the lows of a new leg up.
I'm starting to get the feeling that this is the top of the current
leg. May start looking to short the FTSE on strength.

Definitely not buying anything prior to the payroll numbers and seeing
the markets reaction today and possibly Monday.

Melnibone

little woman - 07 Nov 2003 11:22 - 19 of 33

I'm not buying either, but using the stop losses to lock in profit in case the market does drop (or carry on up, so I don't lose out too much!)

Crocodile - 07 Nov 2003 12:26 - 20 of 33

zander.jpg


My new Grandson Zander with me this morning :-)


Snappy & Nappy (Thanks Vasey)

little woman - 07 Nov 2003 12:42 - 21 of 33

Excellent croc, I see you're still the doting grandfather.
LLOY is finally up, and of course so are the rest of the Banks!

FTSE well pass R2 - but can't see it hitting R3 4420! If it does??????????

zarif - 07 Nov 2003 13:04 - 22 of 33

Afternoon everybody:
Reckon the dow is going to hit 9950++ today??? and then take a nose dive.
I hope so.
good luck everybody

zarif

little woman - 07 Nov 2003 13:17 - 23 of 33

You're in early today zarif.

I think a lot of people think the same of the FTSE - A lot of shares seem to now be struggling to hold their current price! The next few hours will be interesting.

zarif - 07 Nov 2003 13:39 - 24 of 33

yep -little woman.
Just took a long out pre-open and closed with 30pt gain netting 150.

now just watching on the side lines
  • Page:
  • 1
  • 2
Register now or login to post to this thread.