Crocodile
- 06 May 2004 21:19
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S&P Futures |
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US stocks sank as investors worried about higher
interest rates, rising oil prices and Friday's jobs report.
The FTSE is expected to start positive but with
big worries over oil prices they are likely to remain under pressure. Watch out
for any companies which could be affected by higher fuel costs such as airlines.
Currently oil is trading just under $40 a barrel. The retail sector may fall
back following the increase in interest rates yesterday.
Main water companies plan to raise customers'
bills as part of a multi-billion pound programme to fund the upgrade of outdated
sewage systems and provide cleaner drinking water. United Utilities said
it expected to spend 3.2 billion pounds from 2005-2010 as part of this
programme, while Severn Trent envisage spending 2.9 billion pounds.
Reg Vardy car dealer said profits would be
in line with market expectations
Cattles lender and debt collector said that
trading in the first quarter was in-line with expectations and it was confident
of a successful year
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Calendar: United Kingdom
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United States (GMT) |
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Europe & World (GMT) |
Amersham (AGM), Foreign & Colonial
Inv Trust (AGM), Premier Oil (Update)
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FirstEnergy
13:30 Average Workweek, Hourly Earnings
13:30 Nonfarm Payrolls, Unemployment Rate
15:00 Wholesale Inventories
22:00 Consumer Credit |
Deutsche Boerse,
Epcos,
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bush
- 07 May 2004 08:11
- 5 of 26
Birthday Greetings Croc
extrovert
- 07 May 2004 08:21
- 6 of 26
happy birthday croc and thank you for all your time and hard work to keep us all well informed
optomistic
- 07 May 2004 09:23
- 8 of 26
Must join in with the Birthday greetings, Happy Bithday Croc
Fundamentalist
- 07 May 2004 09:31
- 9 of 26
Many happy returns Croc, and thanks as always for the most useful thread.
jj50
- 07 May 2004 09:47
- 10 of 26
Happy, happy birthday Croc!
I must sign up to one of these courses with you. I have a lot of "fog" than needs clearing! Best wishes. Jennifer
Douggie
- 07 May 2004 09:49
- 11 of 26
Best of good wishes Croc. thanks for your good work x 1000000000000000s D.
bosley
- 07 May 2004 11:13
- 13 of 26
happy birthday croc. not a regular contributer to this thread but i do read it and hopefully pick up some tips . i could do with a little advice though. i am watching jarvis like a hawk trying to decide where the bottom is . my feeling is around 93/94p. do you guys have any opinions?
aldwickk
- 07 May 2004 11:38
- 14 of 26
L W
Regards ICI,if the bot selling stops selling will there be a good rise in the price, should you buy for a day trade? whats best to do in this situation.
zarif
- 07 May 2004 13:07
- 18 of 26
Happy Birthday Croc -Have a good one.
rgds
zarif
Melnibone
- 07 May 2004 14:50
- 20 of 26
Happy Birthday Croc, and many more of them.
No trading for me this morning. Decided to get the MOT done
early on one of my cars whilst the market messed about with
the jobs numbers.
We're still in the noisy range on most Indices on the P@F charts
and the swing charts are still messing about.
Sticking to short term trades and scalps until trend resumes
or reverses. I heard someone say on Bloomberg today what I was
saying last week. Lot of this dropping is due to margined
speculative longs that are getting shaken out of the market
because they can't fund the losing positions.
If we go lower we need to watch the last lows, circa 1085 on
the S@P and the corresponding levels on the Indices and stocks
you trade. From memory, I think it was circa 4290/4300 on the
FTSE?
Melnibone.
Melnibone
- 07 May 2004 15:27
- 21 of 26
STAN has hit and bounced off the circa 840p support level I mentioned
earlier on one of the previous threads.
Melnibone.
Melnibone
- 07 May 2004 16:15
- 22 of 26
Don't forget to move your take profit stops up on STAN now.
This market is treacherous.
Melnibone.
Zoltar
- 07 May 2004 19:23
- 23 of 26
Croc's Birthday?????
What company is it that makes candles? Gotta get long ;)
Have a good one!