This is a Team based FTSE Investment Game visit The Cafe
Each team starts with 1 million pounds to invest
The Team leader will be reponsible for posting their teams investment selection
Each team can select between 1 to 10 FTSE / AIM stocks for their portfolio
Every weekend each team may make one trade (must be complete stock) or new investment; post before 6pm Sundays
Buying into a stock you already own will be classed as a new stock and not added. (see example below)
The Game will last 10 weeks.
The team with the biggest profit after 10 weeks wins the game.
Team members should email each other or post on this thread their investment ideas for the Team captain. The Team Captain must make the final investment decisions.
Teams can only invest and not go short. Buying at offer and selling at bid price.
Dividend payments will not be included. The game is based solely on the price of a share.
There is a maximum of 10 players per Team.
Game starts 30th July, Team Captains should post first investments choices before 6pm Sunday 1st August.
This Game is only a bit of fun and Golddog reserves the right to do what he likes (mutley snigger)

Eligible players from GD's Tea rooms have already been placed into teams, if you do not wish to play then you can either tell me or just become a silent member of the team. Or you may request transfer to another team.

If you would like to play along then please post which team you would like to be placed in. (anyone may join in). The girls team is for girls only. If a group of you would like to set up your own team then just let Golddog know!

Please ask any questions?
Other than that we shall make it up as we go along? :-)

Teams should select a Team Captain or Golddog will choose.

example of Team Leader posting;

buy 250,000 Barclays barc
buy 300,000 bodyshop bos
buy 280,000 Lloyds-TSB Group lloy

example of following weekend posting;

sell barclays
buy 200,000 Lloyds-TSB Group lloy

Portfolio will then be as follows;

1. 300,000 worth of bodyshop bos
2. 280,000 worth of Lloyds-TSB Group lloy
3. 200,000 worth of Lloyds-TSB Group lloy

no shorts? What kind of investment is this? Where is the protection/balance?

Answers on a postcard to:

Saturday Soup Kitchen
Platform 1
Euston Station
BRO KEN

or email

Iwanttoloose50%ofmyinvestmentsagaininthesamedecade@pauper.bum

Investing is no longer about B&H izzit? Thought the bulls had been taught an expensive lesson already.......

yeh but 30th is fibo turn date mick,,so it might go up...ill have gsk,barc as mine

yea but we can do both....... longs and shorts, don't understand this fixation with buying and holding till the Trumpet sounds.

Longs may already be the way to go, if you believe saxo. Yesterday looked like an excuse to turn it, Ali G said nowt that should have rallied mkts, so if daz boyz want it back up, so be it, I ain't standing in front of them.

I have gsk on watch too. 1000 was huge support last year.

Closed a small nrk long +7. Look at it now +22. I hate going long.......lol

mitzooos mg..same as it ever was

what was the boe vote ...been out

Glad to see you have an interest in the game. Just let me know all the names that want to be in your team and select yourself a Team Captain. It's only a bit of fun and sorry about no shorting! :-)

affanoon,team games eh,but not for bears.

yea, its discrimination, just cos we smell and don't eat grass.......

gold ..its easy we just sell first and buy back second...surely u can accomadate that?

team is

moregas
mick p
hijeff
dickster
moonblue
hedge66
kevinmcm
ps499

one team member there i dont know,dickster,did you have anover name elsewhere?

he is dickster on advfn,i asked him on phone ,he said yes,he posts on moneyam traders room...

moonie the dial code wasnt spain then.lol

lol..

bet greenspan turns the usd roundat 320pm...

chaps I really donn't know if I've got the time. I t takes me ages to do things anyway and theres a lot of other things id rather be doing. No offoenc e meant.

gold at support

anyone else want to volunterr?

21 Jul 2004 16:04 BS =DJ Special Summary Of Fed Chairman Greenspan's Testimony




The following is a special summary of U.S. Federal Reserve Chairman Alan Greenspan's testimony before the House Financial Services Committee. For full coverage of the events and a complete verbatim text of Greenspan's comments, please search the code G/FED.


Greenspan Reiterates Fed Sees Gradual Interest-Rate Rise
Federal Reserve Chairman Alan Greenspan said Wednesday the U.S. central bank aims to continue raising interest rates at a gradual clip over the next 18 months or so, but is ready to "respond promptly and flexibly" if inflation proves to be higher than policymakers now expect.

In the second round of his semi-annual testimony to Congress on monetary policy, Greenspan said the latest economic data show the U.S. economic recovery has become "broad-based" and "self-sustaining." He downplayed worries that the recovery is losing steam, saying the recent weakness in consumer spending is likely to prove "short-lived." Under the circumstances, he said, the Fed must raise its key federal-funds rate to a "more neutral setting" that neither stimulates nor curbs economic growth.


Greenspan: '01 Tax Cuts Were Necessary To Curb Recession

Federal Reserve Chairman Alan Greenspan on Wednesday defended the $1.3 trillion tax cuts that Congress enacted in 2001, saying the cuts helped stave off a deeper recession than the one the economy suffered that year.

But Greenspan told U.S. lawmakers that he is worried about the long-term outlook for the budget and urged Congress to adopt rules that would require spending increases to be offset by tax increases or tax cuts to be offset by spending cuts.


Treasurys Slide Continues With More Greenspan On The Way

With Federal Reserve Chairman Alan Greenspan's upbeat assessment of the U.S. economy still fresh in the minds of investors, Treasurys fell further in midmorning trade Wednesday, with shorter-dated maturities suffering the most.

Market participants are now listening to the Chairman's responses to questions from the House Financial Services Committee in the second leg of his semi-annual congressional testimony. Greenspan delivered an identical speech to the committee as the one given to the Senate Banking Committee on Tuesday.


(END) Dow Jones Newswires

July 21, 2004 11:04 ET (15:04 GMT)