goldfinger
- 19 Mar 2013 13:57
goldfinger
- 11 Dec 2014 14:59
- 2426 of 2763
Good post skinny and appreciated.
irlee57
- 11 Dec 2014 15:21
- 2427 of 2763
can I also shower some congratulations on you, this is the best thread on the site,
pity I have no cash ( at the moment) to follow your observations.
goldfinger
- 11 Dec 2014 15:22
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You look at the Yanks and the Germans indicies roaring away then look at ours and wonder if a COG is stuck or something. Give me strength.
Its alway s the same, and then we wake up the day after but then get caught with some shitty report at lunch time coming out of Wall Street.
cynic
- 11 Dec 2014 16:20
- 2429 of 2763
OCDO
banked nice profit at 353 for which many thanks ...... markets are so volatile am trying to bank respectable profits as they arise
goldfinger
- 11 Dec 2014 16:31
- 2430 of 2763
Tomorrow officialy marks the start of the Santa rally, have you been a little premature cyners??.
goldfinger
- 11 Dec 2014 16:33
- 2431 of 2763
Thanks irlee57, just wish a few more or lot more would post there thoughts here, everyone is welcome beginners, intermediate, and experts.
Its eveyones thread.
cynic
- 11 Dec 2014 17:24
- 2432 of 2763
possibly but the markets are just so unpredictable at the moment
cynic
- 11 Dec 2014 19:38
- 2433 of 2763
as i was saying .......
dow now only +120 at 17655 and its been at least 100 points higher
as a result, cash ftse is now down 45 at 6430
it'll be very interesting to see how dow closes as that could have a major influence on tomorroiw's markets everywhere
goldfinger
- 12 Dec 2014 08:20
- 2434 of 2763
Still bullish cyners hardly put a dent in my folio this morning.
Just think Santa is a tad late this year. Probably forgot to put his beard on.
Fred1new
- 12 Dec 2014 08:33
- 2435 of 2763
Not what I expected for to-day,
I had a small amounts running with what I thought wide stop loss, but Av, was challenged.
Bugger Santa!
Ummh
Chris Carson
- 12 Dec 2014 08:51
- 2436 of 2763
Love your optimism gf, been stopped out of most recent trades. Only spread bets left open are CINE and ITV both March Contracts. Running Limit buys 10 pips above current sp.'s in HWDN, ADN and BA. in the event of a Santa rally.
goldfinger
- 12 Dec 2014 09:30
- 2437 of 2763
Chris I kicked ITV out yesterday at a small loss.
Just been looking on advfn everybodys panicking.........way overdone.
Greek election next wed I think. Should be positive.
Only other worry is SP of oil, where the risk is Fracking Companys in the US underwritten by Big Bank lending could and some will go tits up those who are marginal providers leaving Banks with Bad Debt.
So its all down to the BANKS yet again. But its not a recession ,certainly not yet.
Still feel we will get the santa rally a tad late but at the moment market is awash with just fear, and fear of fear.
Sentiment will change, customers should benefit from low oil prices. Chinese may provide stimulus, even lower rates again.
Im cool, its not worrying me, just got to keep calm and wait to pick up all the bargains this silly hysteria will present.
Just got to grin and bare it a little longer.
skinny
- 12 Dec 2014 09:31
- 2438 of 2763
Japan election on Sunday...
goldfinger
- 12 Dec 2014 09:39
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Well thats a plus in that its just days away.
skinny do you see any problems with this and the outcome?.
jimmy b
- 12 Dec 2014 09:46
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GF and anyone else, are you looking at any oil co's yet such as TLW / PMO / AFR etc
I'm already in Afren (jumped in too early)
Been trying to do some research on a few ,see what they have hedged etc and how much damage will lower oil prices do to these companies
Interested in other peoples point of view here as oil could fall further .
skinny
- 12 Dec 2014 09:49
- 2441 of 2763
GF - the Japanese election seems to be a non event in terms of outcome :-
Ahead of election win, Japan's Abe pivots away from painful reforms
Shortie
- 12 Dec 2014 09:56
- 2442 of 2763
Always amazes me when you hear about people fishing what they regard as bargain oil stocks when prices fall. These bargain stocks are so called as investors value the oil they produce at a higher rate to what the market is currently paying and are gambling that oil prices will at some point return to highs. For my part when oil prices start to rise and I want at least 7 days worth of gain on each day then think about getting in. Right now with the game the Saudis are playing I'd only be looking to short oil stocks. To answer your question Jimmy I bet you can find 10 good reasons why oil prices have fallen and will continue to do so on Google within 5 minutes. But you won't find the reverse.
jimmy b
- 12 Dec 2014 10:04
- 2443 of 2763
Take that as a no then Shortie ,i suppose you think oil will continue down or stay down for quite a while .
goldfinger
- 12 Dec 2014 10:12
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Not an oily investor Jimmy , sorry I avoid them because of the risk.
Theres an article up on Winnys site about one of the stocks you mentioned.
just wait ill get it.
I should think though that Shortie will be right with awaiting confirmation which im a big believer in.
Here we are Jimmy........
http://www.shareprophets.com/views/9487/tullow-oil-shares-offer-plenty-of-long-term-upside
Shortie
- 12 Dec 2014 10:21
- 2445 of 2763
Jimmy, wait until you start hearing that wells have been shut in as they are uneconomical or that governments are subsidising the oil sector in a country... You'll know then that supply is falling as a result of low oil prices. It might take 6 months for the effects to be fully felt but your currently ahead of the game right now. I'm shorting oil products on and off so wouldn't tell you to buy oil equities at the moment.
Why don't you look at utilities and power generators for a better investment right now. The news has been full of 'the lights going out' stories which tells you this market is at opposite polls to oil a market of having high demand low supply with power. You'll also find some attractive yields...
Have a look at these DYOH
http://www.dailymail.co.uk/wires/reuters/article-2871263/Drax-shares-fall-UK-plan-change-biomass-subsidies.html