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Traders Thread - Thursday 11th September (BA.)     

Crocodile - 10 Sep 2003 20:17

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S&P Futures Nikkei Hang Seng Gold
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7:30am Futures

FTSE -18 Techmark -7 DAX -20 Dow -18 S&P -2.5 Nasdaq -2.6

News Headlines:  

U.S:Stocks fall sharply before the close of market led by technology shares.

UK shares are set to fall, unsettled by a Wall Street drop after footage of al Qaeda leader Osama bin Laden was released to coincide with the second anniversary of the September 11 attacks on the United States.Kingston Comms The telecom company's board is considering all options, including a potential merger, after the abrupt departure of its CEOCambridge Antibody Abbott Laboratories Inc. ABT.N said on Wednesday it received approval to market its new rheumatoid arthritis drug Humira throughout the European Union. British biotech company Cambridge Antibody Technology will receive royalties on sales.BAE Systems has posted a 6.5 percent fall in underlying first-half earnings, within forecasts, and says it has retained its full-year outlook of flat results .Earnings per share was 7.2 pence for the six months to the end of June, down from 7.7 pence last year. Analysts' forecast ranged from 6.2 pence to 7.6 pence.

Geest has posted lower first-half profits down two percent to 17.8 million pounds due to higher interest charges and says strong demand for salads in the hot weather has been offset by a drop in demand for hot ready meals.

National Express says profit for the first half of the year has risen 11 percent to 41.4 million pounds as passenger numbers rose.

Aviva Plc said on Wednesday it would issue 1.2 billion pounds n bonds this month, joining a line of insurers tapping capital markets while interest rates are low.

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United Kingdom

F)inals (I)nterim 

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United States

(Click Flag) All  Times GMT

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Europe & World

All  Times GMT

Thu 11th Sep

BAE Systems (H1) PBT 325m exp. National Express Group (H1) 37m exp. Peninsular & Oriental Steam (H1) 20m exp City Centre Restaurants Plc, Development Securities Plc, Galliford Try Plc, Geest Plc, Hill & Smith Holdings Plc, McBride Plc, Roxspur Plc, Spirax-Sarco Engineering Plc, Trafficmaster Plc

13:30 Aug Export Prices 13:30 Aug Import Prices 0.4% m/m exp. 13:30 July International trade -$40.5bn exp. 13:30 Weekly Jobless Claims 405k exp.

Europe: Dexia (H1) Bic (H1), Clarins (H1)

07:45 French Q2 non-Farm Payrolls 07:50 French Aug Prelim. CPI 0.3% m/m, 2.0% y/y exp. 07:50 French Aug Prelim. HICP 0.2% m/m, 2.0% y/y exp.

Good Trading!      david@FTSEDOW.com     www.FTSEDOW.com Bloomberg TV

Pivot Calculator

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jules99 - 11 Sep 2003 16:40 - 6 of 12

Hi LW...Didn't go either, will attend next time round...or possibly other ones in South..

Just looking into charts at the moment...

little woman - 11 Sep 2003 17:20 - 7 of 12

Hi jules99

Hows the trading going?

Got to work tommorrow, (& over the weekend to make up for trading on Monday!) next Monday & Tuesday, but at home Wednesday to Friday so I have to be patient and not do anything rash until then!

Not impressed with what the market did today! HBOS is one of my long term shares and it keeps going down. (Nothing nasty going on, so should be doing better!) Maybe an chance to buy some cheap to put by for a rainy day?

jules99 - 11 Sep 2003 17:56 - 8 of 12

Just got in...went out to get some food...

You mentioned Banks...Just saw a mad bloke wearing only Y fronts trying to commit suicide or so I suspect...

standing n waving n shouting at crowds..from top of a bank, 200foot drop...had a knife or stick in hand...Police were on scene...

Not a freebie for the ladies I might add...in case u all rush out at once...

Oh well...each to their own...

fredbear - 11 Sep 2003 20:19 - 9 of 12

sorry fellas/ladies..

that was me atop that building.. my SPX shorts were getting a little tight so i took em off.. got it back together now.. DoNt PaNiiiiC!!! ;)

jules99 - 11 Sep 2003 22:47 - 10 of 12

lol...

that idiot must have stopped a quarter of londoners getting home on time tnite due to diversions, road blocks etc, heard on radio...must have cost londoners nothing less that 100k tax money...

little woman - 11 Sep 2003 23:09 - 11 of 12

lol...... you have all the fun! - Moving out of London was the best thing I ever did!

jules99 - 12 Sep 2003 00:50 - 12 of 12

I fancy moving out also...to Espana...

I guess it's totally possible to stay watch and day trade ALL UK stocks like we do here, from Abroad with real time info...I know a lot of traders do US stocks, and thats a time difference factor, any thoughts and any foreign residence traders out there???
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