Crocodile
- 05 Apr 2004 22:09
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US stocks rallied anew following the the
Institute for Supply Management's services index for March. The index, which had
been expected to come in at 61, soared instead to 65.8 from the previous month's
60.8. Breaking News:
Autonomy win a large contract, look for
a rise here. Orange shares suspended due to a court descision today.
Lastminute.com (LMC) said trading in the
second quarter TTV was 10 million ahead of its expectations to 170 million
pounds
Man Group (EMG) hedge fund manager said it
had raised a record $805 million in client money for a new multi-currency fund
to be invested in five types of hedge-fund strategies.
Bellway (BWY) house builder reported a 36
percent rise in first-half profit to 77.4 million pounds from 57.1 million a
year earlier which topped analysts' forecasts and said its markets remained
buoyant.TBI (TBI) the owner of Luton airport said trading in the second half had
been in line with expectations as low-cost travel continues to grow
Cobham (COB) said it had bought U.S.
surveillance equipment maker DTC Comms for $48 million cash, to be financed from
its existing resources
BHP Billiton unveiled an $870 million plan
to expand copper mining in Chile despite analysts' warnings of a looming world
supply surplus later this decade
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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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Bellway (I), Fibernet (I), Premier Direct (I), Corin Group (F),
DataCash (F).Highbury House (F), Kiln (F), Regal Petroleum (F), Wigmore Group
(F), New Look Group (Trading Announcement), Last
Minute.com (Update)
Man (Update), TBI (Update), Rio
Tinto (AGM)
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ALCOA Q1 |
FR Altran Technologies (F)
FR GPSP Grandvision (Q1)
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ThePlayboy
- 06 Apr 2004 07:20
- 5 of 15
TUE FTSE PP
R2 4503
R1 4492
PP 4472
S1 4461
S2 4440
Ftse closed above its pp on Mon and gained 1.2pts in the auction, still in an uptrend targeting 4500 it seems, weakness sub 65 imho! Still feel the dow can target 520/550 this week so pos some more strength ahead!
Crocodile
- 06 Apr 2004 07:39
- 6 of 15
Morning traders ..
Melnibone
- 06 Apr 2004 08:35
- 8 of 15
Morning all,
Everything seems to be making spread triple tops at the moment.
Everyone looking Bullish.
Channels trending up.
TV Bull pundits full of cheesy grins and calming words.
If you are a Bull, this is where Clint Eastwood would be saying,
"Do you feel lucky punk?"
Will let the market tell me as usual, but still looking for a lower
swing high and Index shorts.
Melnibone.
Crocodile
- 06 Apr 2004 12:13
- 9 of 15
Yep, very quite, Long Persimmon. Looks oversold
zarif
- 06 Apr 2004 13:10
- 10 of 15
afternoon one and all:
rgds
zarif
stockbunny
- 06 Apr 2004 13:33
- 11 of 15
Anyone got a view on the current strength of BP and the likelihood
of it continuing or not? Some massive gains over the last week or so!
Fundamentalist
- 06 Apr 2004 16:04
- 13 of 15
Lw I think alot of people are not buying AIM shares on that basis but because of the potential for large short term gains!!! A lot of these shares are being pumped and dumped and people are being left with paper losses having bought in too late - all imho.
Melnibone
- 06 Apr 2004 16:14
- 14 of 15
Micro-Caps have been pumped and dumped for years.
Novice traders should leave them well alone and cut their
teeth on Large Cap shares.
Large Caps are analysed to the N'th degree by folk
who do it as a profession and are only capable of
being ramped by Brokers.
Melnibone.
Crocodile
- 06 Apr 2004 16:40
- 15 of 15
Have done 10/10 good scalps on the FTSE but it was boring at 2 points a time ;-)