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

Gausie - 03 Dec 2008 16:33 - 443 of 447
You may laugh at the 2% profit here and the 5% profit there - but add them up one day and you'll understand.

I have been adding them uptrouble is you forget to subtract the 2% and 5% losses and it tells me you are down the pan...I uderstand that immediately...
Gausie - 03 Dec 2008 16:01 - 441 of 447 Added to short 222.75
Was you triggered?

Added 227.5

I still have all mine at 2-03 with no costs along the way!!! TradersEstate AgentsPoliticians.let me see what would the equivalent of that be in a Three Card Brag handyes that would be 5.3.2. different suits of course!

reduced 222.25

Actually tabby I've only taken a loss on one tranche - it was a small loss on a long and I posted it on here at the time. The other trades have all been profitable - and with each sell and cover I'm building a bigger position and effectively raising my entry price.

This short is proving very profitable.

Not so good on the discount day today.although the first 20% day was excellentWeather did not helpand neither did people being Broke skint or boracic

They must be MDX investors. Nae dosh left.

Well, I keep helping MKS increase their cashflow. ;-)))

The staff are receiving 20% + 20% for today and tomorrow.so most of their wages will be going back into the tillsours will be for sure on the price of wine and Champaign deals!!!

Champagne

just shows how desperate the stores are, M&S merly being the visible tip of the iceberg on this BB ..... i took my profit on ASC yesterday (went short WOS again instead), and confess amazement that that price remains as resilient as it has

Cynic.you could call it desperatebut desperate high street conditionscall for desperate measuresI personally like to see a company take the necessary steps to edge rivalsto my knowledge M&S discounting has given them a lead over competitionwhilst I agree it is not ideal.the retailers with scale will be the ones which eventually survive the margin squeezethe SP may well drop and I could not possibly call a bottom but I am in a position to follow it down with a substantially increased position if necessaryI have a good starting point. I take your point

gosh! .... praise indeed - lol!

reduced 217.25

Added 220.5

reduced 217.25

Gausie.another trade bites the dust!

Added 227.5

Gausie.it is amazing how you have just made a covering trade minutes after I point out another one of your losersall I ever see from you is a wrong guessbut go ahead tell defunct traders how well you are doingthey might believe you which makes you guilty of misleading people.investors wont be sucked in!

Tabby - that's not covering, it's adding - or increasing. I'll cover part of it in due course below 220, maybe below 210. And it was at the same price as I sold on Thursday. And is already well in profit.

My target price for the whole position is the low 200's - stop loss is 240's. Each new tranche that I sell (ie 'add') and part cover (ie 'reduce') within that channel increases the total position size, banks some profit, and edges the weighted entry price a little closer to 240. It's called 'building a position'. Educate yourself and look it up.

You don't get this trading lark, do you?

He doesn't get the investing lark either.

Gausie.when you say trading.what in fact you mean is bullshitting.same meaning to most traders!.and like an Aberdeen Angus.you are blessed with more than your fare share of bulls shit!.. or Bear shit depending on whom you are trying mislead. Why dont you stick to the traders thread where you will feel at home.