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

jkd

keep reading and learning, you are not alone I am too learning all the time, that is just part of live and certainly do not be affraid of that, otherwise it will be signs of going downhill, like LLOY last week, and the FTSE and hundred more shares.

BUT one could read and read charts and do it the wrong way, just take care of not doing it this way

Fibonacci on the chart, not that one but maybe on another one

Masteryou might believe you are a Fibonaccibut the first three letters are more like the real youand charts tell you what has happenednot what is going to happenjust the same as form

Re - you might believe you are a Fibonacci

I am not a Fibonacci ..........


But maybe you are a pinocchio .............

By the way, just realised I was right yesterday...........

The FTSE and LLOY will be UP today

regards some of you loosers.

Masteryou had slightly better than 50-50 chancetake a bowuntil I see you sailing up the Thames on the Lady Mouradrinking A bottle of Perrier Jouet's Belle Epoquearm in arm with Ray HananiaI will not be impressed.

And I dont very often loseoff to the West Wing for my first drink of the dayhows the neighbours?

Banks moving up in US on earnings predictions. Pretty obvious earnings will go through the roof with base rates where they are.