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Traders Thread - Tuesday 9th March (HAS)     

Crocodile - 08 Mar 2004 21:23

UK PreMarket Futures FTSE -24 DAX -30 DOW +15 S&P +1.7 Nasdaq +2

1 Day

2 Day

 5 Day

UK News

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Gold/Bond Pivots Markets  Futures Translate
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1 Day 2 Day 5 Day  US News

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S&P Futures

Nikkei  +29    Hang Seng -100  Asia News

DAX CAC  Euro News
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U.S. stock markets tumbled led by losses in technology stocks

Hays recruitment reported higher first-half profits 83.2 million pounds up from 76.1 million a year ago but said it remained cautious about the outlook for staffing.

Antofagasta copper miner new FTSE 100 company announced a 87 percent jump in annual profit to $180.7 million at the top end of forecasts led by a sharp rise in copper prices.

McCarthy & Stone retirement homebuilder said it expected to post another satisfactory set of half year results, as it met its sales target up 15 percent for the year.

Bodycote metals engineer met forecasts with a 16 percent fall in profits to 32 million pounds and said it was raising 64.2 million pounds by issuing new shares.

French Connection reported an expected 28% rise in profit to 38.7 million pounds and said the new year had started well, with improved wholesale orders and continuing strong US sales growth.

ukf.gif Calendar: United Kingdom
usf.gif United States (GMT)
euro.gif Europe & World (GMT

Glisten (I), Hays (I), Linx Printing (I), Redrow (I), Aegis Group (F),

Afa Systems (F), Bodycote (F), Cairn Energy (F), Chorion (F), Countrywide Assured (F), Ennstone (F), French Connection (F), Litho Supplies (F), Lookers (F), Metalrax Group (F), Peterhouse Group (F), SIG (F), Jan industrial/manufacturing production & Trade (09:30)

Albertson's (Q4) Interpublic (Q4) Kroger (Q4)

Degussa (F), Volkswagen (F) T online (F), GPC Biotech (F) Deutsche Post AG Deutsche Post AG(F) CNP Assurances (F), Neopost (F)

Croc@SnappyTrader.com  WWW.SnappyTrader.com

Data

Calendar

US Zone

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Currency Calc

Melnibone - 09 Mar 2004 09:59 - 11 of 18

CMC seem to be holding their UKX cash quote
4 or 5 points above the actual market this morning.

Why's this?

Melnibone.

little woman - 09 Mar 2004 10:09 - 12 of 18

there seems to be a lot of uncertainty about the direction of the market - I wonder if "people" are holding back - by covering thier backs!?

little woman - 09 Mar 2004 12:30 - 13 of 18

Been out for the last hour - I see I didn't miss anything.

little woman - 09 Mar 2004 13:03 - 14 of 18

Still not much happening - I'm off now until late................

Melnibone - 09 Mar 2004 15:07 - 15 of 18

Re-appraised SKP and sold the rest when it went over a 64p bid.

This stock usually moves more than this when the volumes
go into the millions. As it hasn't, that raises the possibility
that it is just churning.

When in doubt, discipline says get out. So as usual I'm maintaining
discipline. Hope it continues to rise for those still holding.

Melnibone.

Fundamentalist - 09 Mar 2004 15:13 - 16 of 18

Mel

I'm having a bad enough day already only to read you've put the hex on SKP lol. Good to see you're following your disciplined rules - as I said I have a longer term outlook for these and am still holding - hope to see you back in soon (when they break upwards hopefully)

stockbunny - 09 Mar 2004 15:19 - 17 of 18

My money is on the FTSE ending either down or back where it
started this morning - hypothetical money you understand as
I don't 'do' the indices!
Hope things are better for one and all later on today!

Melnibone - 09 Mar 2004 15:23 - 18 of 18

Hope it comes good for you Fundamentalist, your timeframe is
different to mine.

If it closes the deals that it was meant to close last year
then the price could double.

If it doesn't, then it may have to raise some cash to meet the
convertable bonds due next year and get itself more into hoc
with Paul Capital.

Still all to play for if you fancy it as an LTBH play.

Melnibone.
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