The engines have fired up at last for MDX. ( BPRG ) At long last they are being recognised for the force they will become over the next two years. On the cusp of disclosing huge revenue-earning deals with Global pharmacists. These have been hinted at as being unrolled before the years end, but may be in the next days.You still have time to get in at a bargain-basement price before the SP takes off for real shortly.

G - more for those (silent readers) who wish to learn one of the myriad ways to make a few bob. Tabatha does not seem the type to want to learn - far too arrogant, which is why he is where he is. It works for me though. ;-)))

Tabatha

Why is it the simple things seem to pass you by?

;-)

Ba, cos he's a very simple soul with a very simple grey cell that has an awful lot of room to wander around an empty head! I delight in the fact that he has me filtered, err not, so without admitting otherwise I can post with impunity :) I think that fact escaped his very simple mind. In any event he's full of shit and a self-confessed racist to boot. I hope mdx survive if for no other reason to read his idiotic posts, they cheer up my day on a regular basis :)

So Trevor, Jock and Paddy are discussing the names of their children over a pint.
"Ah," says Trevor, "that reminds me of my son, George - he was born on St. George's Day!"
"Ahh," says Jock, "that reminds me of my son, Andrew - he was born on St. Andrew's Day!"
"Ahhh," says Paddy, "that reminds me of my son, Pancake."

Good morning all>

After having a chat with my old mate after football last nighthe is a Spurs fan but other than that as sharp as a razorhe said...Tabascothat was very good of those nice people on AM to advise on risk managementbut why dont you explain to them our wayjust the 1st lesson without giving much away
So just for my mate and helper Cayenne I will>

There was this four runner AM handicap chasesponsored by Tab RacingThe sponsors had priced the event like all good risk management Bookmakersto take 100% out of an over-round book.The favourite a Bay Gelding called DilbertNodeal was an even money hot potwhich we laid for 50 the second runner a pragmatic grey called Gausie Bush was chalked at 3/1...we laid three ponys.the other joint second favourite was Trigger Happy Kid bit of a rascal this Chesnut Marewith little abilitybut someone also had three ponys on.which leads us to the outsider Bouncychequea twelve year old broodmare that really is only running for fourth spot.some clown had a score at 4/1 on the rag.
Whichever horse won the race would take 100 out of the book including his or her stakeI being the Bookmaker had taken 120 in staked bets leaving a modest profit of 20..My learned friendsthat is whats known as no risk management.now you can use the same principles to twenty runner racesTV reality showssporting eventsand my favourite and clearly the easiest.stock and index punting.albeit the formula a little more complex
It use to be difficult to become a Bookmakerthe times of change with tinternet it is so easy to become a house player with that edge nowHere endeth the lesson
there wont be anymoreyou cant afford me.oppsembarrassed Jeff again..

Very good.

So why get involved in the stockmarket where you are plainly useless? ;-)))

So why did you lump on an outsider with a limp , thats got worse , has no previous form and is now stuck in the stalls with the door jammed shut tabby ?

I'm still trying to figure out how a Spurs fan can be "sharp as a razor". Contradiction in terms, surely. ;-))

Bouncybecause its the easiest form of punting.off piste.have you got one of those Tefal quick cupsbloody marvellous.got one in my office here and it makes a cuppa in seconds.
Why I mentioned it bouncy is because I thought of youwhen you are having one of your Dinner parties.it would be excellent for Cuppa soup? just a thought

I cant loose Dilthat was the whole point of the explanationdont go thick on meCay said make it simple.I thought I did?

Lose not loose; A word you should be familiar with

Tabatha

It is simple - it suits you. However, it does not detract from the fact the more complex stockmarket is way out of your league. Don't know why you're not hanging around a horse racing BB, where your "talents" would be far more appreciated by the rest of the simpletons who probably frequent the place. ;-))

LOL jm.

Jeffif the best you can do is a typogo back to the Farm.Bouncy.trust me this game is piss easy.you and Jeff might make it look hard!I learnt very quickly in May 2000 and have never looked back

Yeah right. That's why you're sitting where you are and can only offer horse racing examples of your "prowess". You're so transparent ................ and I wouldn't trust you an inch. You're a bookie FFS. ROFLMAO!

However, you don't have make me laugh. ;-)

I get it Tabby - nice one. Very shrewd.

So - to counter the investment properties you bought at the top of the market, you also went short the housing index for a couple of hundred thousand pounds.

To avoid interest rate risk on the mortgages you took out to buy them, you also made loans of a couple of hundred thousand to a mate down the pub.

Did you move into rented to hedge the rental yield on the investment properties? Smart move!

And to hedge your MDX investment of a couple of hundred thousand pounds, you also went short a few million MDX shares.

Neat - net outlay a million pounds or so, all returns hedged to zero. Somebody not so bright and sophisticated as your illustrious self wouldn't have considered your masterstroke of hedging everything - instead they'd have had an exit policy for all the bad 'uns (a stop loss for example) and let the good 'uns run to a profit target. They might also have shown a much bigger return for a far smaller outlay.

Keep at it Tabs - maybe you'll lose your next million slower than you lost the last one.

BouncyYehits a bummerbut Im scrapping by.Tell me do you suffer from dimensure.you seem to forget an awful lot of things.
On a plus side.when you lost all your money on RBS.. you soon forgot about it!

LOL Gausie. Sume it up very succinctly.

Tabatha - try "scraping" and "dementia". Pillock! ;-))

Oh, and BTW, small losses are easily forgotten. You tend to move on and look forward to the next money-making opportunity rather than sitting around complaining you've been embezzled. ROFLMAO!

Gausieyou are being sillyand not for a first ..there are a lot of incorrect assumptions that you will or the gang no doubt claim later as factjust to put some reality on your attempt of a witty postNONO.NO.NO.NO.NO..and NO.so not so good there Gausiekeep tryingthis is getting a full time job.good job Im quick!..now where was I .two bar one!

Tabby - you claim to be trading the markets at zero risk, and you keep giving irrelevant examples from horse racing to explain how you think it works.

If you think there's a better way to reduce risk in the markets than that stated by Big Al many times, why do you find it so difficult to explain in market terms? Why do you always come back to horses?

A cynical man might think that your inability to use anything other than bookmaking metaphors is because the only thing you really understand is how to make a book, and that you have no grasp of how to manage risk in the financial markets. Bookmaking is clearly within your comfort zone, financial markets appear to be outside. He might then wonder whether in fact you really do trade the markets - or whether you habitually just back dogs and horses, and ocasionally plonker packet (or pineapple) into a lame duck AIM company. Novice style.

Gausie. (Feeling cynical).