UPS (Added by Master RSI on Sun 21 May 05:49 pm)

GTL - Mid 2.875p

Reason - Indicators now at oversold after the retracement. Construction work on its new ethanol US plant on track. Big push on US a couple days ago to get ethanol at pumps. Next week the UK government releases energy report and new ethanol company floating on Tuesday

2 weeks chart

3 month bollinger bands, MACD

Sorry but I don't know which thread to ask this in, please advise.
I am leaving Squaregain because of their cockups on my account and very poor response, also because they are merging with Selftrade who I left 2 years ago for the same reasons. I trade equities and Covered warrants, (and forex via Capital Spreads and BOM) I was going to go to Etrade, but in 10 days they have not reponded to my initial enquiries, thus not endearing them to me, though their comission is low and facilities seem good. (If they are all they claim.)

Can anyone please tell me of their experience of Etrade or recommend another (execution and data only) outfit?
Many thanks in advance

Good morning traders!

In Asia today, the Hang Seng ended the morning down 189.03 points at 16,124.33, hit by weakness in Chinese commodity and oil stocks. The Nikkei, meanwhile, was down 94.19 points at 16,061.26.

New York's main oil contract, light sweet crude for June delivery, was up 16 cents at $68.69 a barrel from its close of $68.53 in the US Friday.

Happy trading!

G.

Good morning all.

Morning all

Good morning all

Markets open lower but there is a follow through at BFC 172p +6.5p

The news of the DAY >>>>> BOMBAY shut for one hour after 10% fall earlier.............

India's BSE, NSE resume trade after 1-hour suspension on 10 pct plunge

- BOMBAY (XFN-ASIA) - The Bombay Stock Exchange and the National Stock Exchange resumed trading in the afternoon following a one-hour suspension earlier in the day after the benchmark indices plunged 10 pct, dealers said.

In early trade, the BSE-30 Sensex index fell an intraday record 1,111.71 points to 9,826.9 before trading was halted.

The rival National exchange's 50-share index, known as the Nifty, fell 289.6 points or 10 pct to 2,896.45 and trading was also stopped.

As trading resumed around 0730 GMT, the Sensex recovered to show a loss of 491.51 points or 4.49 pct at 10,447.10 while the Nifty was down 148.50 points or 4.57 pct at 3,098.40.

small longs ARM,BT.A,VOD s/l on

Bombay news hardly surprising.

So no one uses Etrade then! I wonder why.
Please someone be kind enough to respond or advise what thread to post in.

Midday Market Summary

rpaco - Hi. Didn't mean to ignore but was waiting for a response from one of the regulars... ;-)

There is a thread here on the subject of brokers :- http://www.moneyam.com/InvestorsRoom/posts.php?tid=9881

You should find others by using the thread search facility above.

E*Trade is one of the most established of the online brokers and I have no reason to doubt that they have a stable user platform. I haven't used them for some years now but when I did, I experienced very few problems.

You will find that there are horror stories about most of the brokers at one time or another. You will also find most of them receiving glowing praise too.

It is all a matter of personal experience and individual requirements.

If anyone else can point rpaco in the right direction, I'm sure we would both be grateful. :-)

G.

       LUNCH TIME FUN

Cheers Gray
I got a response in the traders room thread but will have a look in 9881 too.
Incidentally, who do you use and why did you leave ETrade?

rpaco - I'm now an ex-pat so I had to move all my dealings to the continent. I now use Internaxx in Luxembourg. It was nothing to do with the performance of any UK brokers I used. ;-)

G.

I've used TD Waterhouse and Comdirect (now Squaregain) in the past for physical shares.

I closed TDW because at the time their internet trading platform was unreliable and their customer services were quite frankly hopeless. I have no idea if they have improved although I was thinking of opening a new account with them as they are doing 2 months of free trading - so I will probably give them a go again.

Comdirect trading platform I have found quick and reliable but again the customer service side of things leaves a lot to be desired in my opinion.

The trouble with the 'cheapie' brokers is exactly that - they are cheap - they don't give a t**s about churn as long as they can attract new customers and you often have to complain in writing to them to get anything sorted out - it's no good phoning them.

long again BT.A 226.25 s/l on

End-of-day Market Summary