anything under 7 cheap cheap cheap. good div. just paid. chart looks sick

bought a few back @208 to replace half of those that I sold yesterday (218.75 and 214.75). Also sold some yesterday @212.75 - will look to replace them closer to 203.

Morning Gausie.what is your trigger sale on 2-08..also that 5% deal is subject to tax and com add that to the next transaction being triggered at a possible loss which with costs make your two deals levels you devils..its all Mickey MouseI am not knocking you mateI do it myself out of boredom.I dont make a lot of money.you are obviously better at it than mealthough there are a lot of redundant traders at the moment?

Gausie.in your former life was you an editor for the Mailyou do an awful lot of editing on your postsincluding your last one! I can do that but I wont!

tabby - no tax on CFDs - and DMA commission for frequent traders is negotiated individually by that trader. Disclosure clauses usually prevent traders from revealing their commission structure - but most traders would pay less than the cost of two big mac meals on a 20k trade - long or short.

This last week on MKS has actually been very profitable.

Tabby - I often post immediately after I trade - win or lose - It's important for me to do that because if I've traded I want whatever price I got to be transparent and verifiable. The edits add detail rather than change anything. I see nothing wrong with doing that. Quite the opposite in fact - it evidences the trade.

There are some who post after the event and claim to have bought at the day's low and sold at the day's high. They also never lose. Either they're sad and lonely fibbers ('Tardis Traders') who crave the attention and image of success that their real lives so sadly lack or they're genuine magical super traders who never lose - like your goodself for example.

You ask what triggers sale of the 208 tranche. I'm trading the channel between 203 and 240. I'll sell into strength and buy weakness within my own sizing rules. If we ever get to 240 I'll be mildly short by the time we touch that price.

Gausie.whats a Big Mac?it is not right or proper for me to shout about how much I have made on M&S over the last three years or further back? let us just say quite a bitand with minimum effortthere is room for both of usI am quite happy for traders to beat each other upfor every winning trade there is a higher losing trade!

A Big Mac is what you'll be eating for dinner for the next 10 years when Mrs Tabby finds out how much of her Cannes spending money you've blown on Meldex.

Tabby - Strange that you claim it's not right and proper to shout about how much you have 'made' on MKS. Nobody's asked you to. Yet you'll freely post up your Xfactor bookie buys and sells with sizes - also unbidden.

Longer term on MKS I reckon Haystack is probably spot on - I think we'll go significantly below 2 - but in the meantime it's important to trade what you see, not what you think.

Gausiebelieve it or not my wife trust me because our Bank balance tells her I know what I am doingwe dont have separate moneywe dont have secretswe share everything.but to have our reasonably good lifestyle and the Bank balance to increase this yearalbeit not fortunes at this stage.but with most of the Xmas shopping doneI would say that is pretty goodOn mdx.if the sp was to climb to 30p.I would even go as far as to say we have had a fantastic financial year.

And if your grandma had balls she'd be your grandpa.

Shed a few @ 216

And if your Grandpa had a fanny hed be your Grandma.

GausieI know how to form/price a bookif on these reality shows I see an opportunity I just post for everyone to have an interestmost people thank meyou are obviously not amusedI always finish by asking people to make their own mind upsame on the horse racing threadit is uncanny how many times I am rightlucky I guess?just sharing knowledge which is what I thought bbs are all about?

And if you cut that ponytail offwould that make you a pony?

Gausie is quite right in what he is doing. It is classical trader tried and trusted behaviour. From an investing point of view MKS still looks bad. They are up at present on false hopes of a retail boom. They will have a bad Xmas like everyone else. It is fundamentally a failed business that will end up getting taken over.

Cuts in VAT will do litttle to perk things up. There is no tax on food and a 2.5% fall in some prices won't be noticed when shops are doing 20% off. I walked down the street in a major shopping street yesterday and almot every shop had a 20% off or other promotion. They were all empty. One huge two floor business with all glass at the front I could see was completely empty from across the road.

There were several closing down sales! I went into the shops and enqired if they were really closing and they all were with dates of closure set.

Difficult to find a single Tabasco tip on the horse racing thread that actually came off, unless you include retrospective editing of course.

Pony tail, G?

pt - I've as much idea of what he's rambling on about as do you.

I think he exists in some kind of parallel universe where MDX @ 30p and above is a good investment, the usual rules of maths and finance don't apply, traders who never lose actually exist, and Gausie's grown a pony tail.

Either that or he forgot to renew his prescription.

See the old plum mr potty turns up as regular as clockworkwhats he say Gausie?

Haystack.I day trade when I am boredit pays peanuts.your view on mks is exactly that your view.let me tell you my view.firstthe other stores with offers are not doing very wellM&S shops took more money in the morning than most of their shops take in a weekhuge successsecondthey are ahead of next..bhsdebenhamsjohn lewisso market share from main rivals looks good.thirddiscounted items would be further discounted after Xmas to the tune of 50%so selling out and trouncing your rivals for 20%looks good business to mefourththere is going to be an announcement of another 20% day.which is going to be on the fourth or sixth of Decthat is how fantastic the success and takings wherefifththere will be a number of businesses that sell similar but inferior merchandise to MKS that will go popleaving more market share.I could go on to7 8 9..Haystack ask your friends in head office.be sure to go to the right onethen report the honest truth!

These 20% off deals are desperation measures by MKS. It shifts stock, but cuts profit heavily. It also means that people will spend less between the sales while they wait for another cut price deal.

Tabby - it's a shame you missed pth's post - 'cos its a good one, and demonstrates a real insight into current conditions.

Reading between the lines, he says you're a noisy vociferous twat with no identifiable investment strategy who discredits himself time and time again and will blow your pot within the year.

I think he's right.

Turning to your fundamentals analysis of the retail sector - It's a frigging bear market. Who gives a toss about fundies when the tide's going out? Just how big a bottom drawer do you have? And if it's stuffed full of useless underwater share certificates, where will you put your socks?

G

I am wasting my time Mr. OReilly.
born with a plumhead up the bum!
Eton to learnmoney to burn!
sarcastic wit.personality shit!
Traders with bulltaking a fall
last ten bobwhat a nob!