Balerboyhe wouldnt need to walk on waterhe can part seas.

Master...I am right!!!

RSI.

With the market as volatile as it is, your interpretation of the LLOY charts seem a little optimistic, when drawing your support lines?

Perhaps a support line of 87p maybe more applicable.

(But like looking at clouds, some see rain and others see crops growing.)

Fred1new

re - Perhaps a support line of 87p maybe more applicable.

And I thought that only "tabasco" was on the bottle, it seems you are there all the time by your own posting...............

MoneyAM Username: Fred1new
Real name: unknown
Location: Somewhere in Alcohol


Maybe you are trying to know.... but know nothing,
I will try to prove you wrong later with a chart of " money am " where the support lies" naturally I will have to use magic for that.

Fred1new

re - support 87p

Do I see 93.73p on the support not 87p as you said
Have a look at my line at chart post 927

Another one bite the dust.......... next
you are not good enough to clean my shoes, mind you try to tell me about charts

Masteryou seem to know a lot about dustdo you wear Desert boots?...can you do the sand dance?

Master.... I cant speak for Fredbut I think he believes your line of support should be around the laryngeal prominence

re - laryngeal prominence

I forgot to tell you to take it easy when eating the cakes with the "coffee", it looks like something got stucked there, get "joe the plunger"

                     

Fredlooks like you are going to need a bigger noose

Bank opens framework to smaller banks -- Mon 05 Oct,

LONDON (Reuters) - The Bank said on Monday it will give more banks access to its open market operations and deposit facilities to help smaller institutions better manage their liquidity.

The announcement comes in tandem with the Financial Services Authority's new rules on bank liquidity, and will help smaller institutions -- who normally hold cash balances with large commercial banks -- to minimise risk under the new capital adequacy rules by parking money with the central bank instead.


Analysts said the BoE's announcement held few implications for the gilt market, although gilts could benefit from the FSA rules in the short term as they carry zero risk under the new regime.

"This avoids a situation where smaller banks are starved of liquidity," said John Wraith, head of sterling rate product development at RBC CM.

Previously, only institutions with an average level of eligible liabilities of at least 500 million pounds could apply to hold a reserve account with the central bank and participate in its regular tenders, the BoE said.

"The Bank is widening eligibility to apply for access to Reserves Accounts in order to assist smaller institutions to manage their liquidity," the BoE said in a statement.

The liabilities which count towards the total a bank must have on its books to qualify to apply for a reserve account with the BoE include: deposits with a maturity of greater than two years, debt securities with a maturity of a maximum of five years, foreign currency liabilities and loans to other domestic banks.

Fred 1 n
take heart,your comment was a very reasonable one.
ref chart on post 927. seems MRSI may be using fibs. i.e. fibonacci retracements. the blue line would appear to be a fibo retracement, depending on ones data accuracy, but as near as makes no difference,
the red line may or may not show last fridays daily "gap" down,( i.e. the difference between thursdays low and fridays high = gap) the fact is that it is at the very same exact level. gaps can often be traded, depending upon ones viewpoint.
MRSI is in my opinion reckoning that the oversold indicators are going to move price back up to "close" this gap.
in the mean time, a short term intraday trade may be considered to be low risk based upon the the indicators with a stop loss just below that fibbo line depending upon ones risk /reward criteria
why he seems unable to tell or inform everyone of his reasons although he says he does, is beyond me.
as always just my opinion and as always please dyor
regards
jkd

jkd

you must be as "STUPID as "Fred" then

You are forgetting the thing .......at the end........... (But like looking at clouds, some see rain and others see crops growing.)

And most likely you are both living in - Cloud Cuckoo Land -

Masterwhen you walk through a door of your small counsel flatdoes your keffiyeh hit the sides of the frame?far be it for me to suggest you have a big head but if the rope fits

Tabby and JKD, I am beginning to see why RSI. has problems.

I use the "charts" and believe me they often tell me what has happened, sometimes indicating what might happen. But blind belief in them, an indicator or fundamentals will foretell the future, is for others not me.

Good luck to all who sail with him!

But, if he is so talented, why doesn't he concentrate on using his talent than seemingly wanting to convert others to his faith.

Tabby and JKD, I am beginning to see why RSI. has problems.

I use the "charts" and believe me they often tell me what has happen, sometimes indicating what might happen. But blind belief in them, an indicator or fundamentals will foretell the future, is for others not me.

Good luck to all who sale with him!

But if he is so talented, why doesn't he concentrate on using his talent than seemingly wanting to convert others to his faith.

and now for prayers........

بُنِيَ الْإِسْلَامُ عَلَى خَمْسٍ: شَهَادَةِ أَنْ لَا إِلهَ إِلَّا اللهُ وَأَنَّ مُحَمَّدًا رَسُولُ اللهِ، وَإِقَامِ الصَّلَاةِ، وَإِيتَاءِ الزَّكَاةِ، وَصَوْمِ رَمَضَانَ، وَحَجِّ الْبَيْت

Fred1new

re - problems

We all now who has problems, you just posted twice, loosing your memory, take care is signs of " Alzheimer's disease "

re - But if he is so talented, why doesn't he concentrate on using his talent than seemingly wanting to convert others to his faith.

I have NO faith to profess
So do not put words on others posters mouth

RSI,

Have a nice day!

MRSI
maybe i am STUPID,
i been reading charts for a long time, please doent try to teach me how to read.
caveat,
never too old to learn. i am learning all the time.
regards
jkd