UK Stockmarket 2009 and beyond

[Deleted User]

A bit of jiggling his morning. Stop loss raised on RBS. Sold LLOY for a couple of hundred profit. Added to BLND with the cash from LLOY as house building is starting up again, everywhere we go. Bought back in to FGP, again for the income. Nothing else to do now, except make a cake. My oils are looking A1 and I like the quarterly divi, one of which popped in yesterday. The only cash left is drawdown cash plus a few hundred

Interest added to the account last month was truly awful, considering the amount in there over the year, so we have to be in yielders as much as possible.

StevieJ

Hi Kittie, good info from Shell.
.

http://uk.finance.yahoo.com/news/shell-eyes-return-to-growth-as-reserves-jump-reuters_molt-b380ae9d7ee2.html?x=0

BTW good to see you and Tradetime back, I never believed the rumours, honest

tradetime

One day FED interest rate meeting today, so anyone playing in the US markets should be wary, or like me, stand aside.

sabretoothtigger

That was a useful reminder. Cable broke out upwards after the fed announcement even though nothing happened, I guess thats how important they are

Theres a real possibility of cable breaking the trend of the last three months now which is real news.
Some people think its a good idea to short now but my guess is not really because we have risen above the gap of 26th Feb or 1st Mar which should be significant.
This is what caused the 2 cents fall yesterday but beating it now should work the other way.
Just like going long at sp500's 1150 was seemingly sound

Dollar could fall further would be the other half of this. Im not sure of longer term really



RSL has an NAV of about 100 ? Not sure since they have taken over FP now but looks like they could be downgraded from the FTSE100 which would have all the trackers selling them.
I'd be interested in buying them at that point, when is the next FTSE100 review date or actioning ? I think Dec was the last

fullstop

Just had a Google and June 9th is the the next review date. 10 March was the last review .

tradetime

Yes Dollar index continues the pullback targeting first support level in the 79.5/6 area, would be reluctant to buy this area, although it represents a support, taken in the context of the big picture I think there is a good chance we trade down to the 78.2/4 area at least. There was some expectation that the FED would modify their statement, unlikely on a one day meeting at this juncture, (particularly given the US has a weak Dollar policy) but some were positioning for it.
The shiny yellow stuff (foil the word searches) has moved decisively which would seem to confirm the move (confession I added RGLD to my ISA for a long term position trade on Monday, at around 1102 equiv in the yellow stuff. I expect we can see new highs within the next 12 months.

SPX has now decisively broken the 1150 area (albeit one day) which was expected, leaders had already broken out so it was likely SPX would fall inline. 1150 should now provide support, am now looking for the move to the 1230's area as previously mentioned, retail investors remain reluctant to trust this rally, so it should have legs yet. A failure at 1150 would obviously negate this analysis.

tonygee_3

RSLs demotion been on cards for a while hence poor performance(coupled with aquisition rumours)
One to avoid for me,better to find takeover targets than predators.
Trade,you do get excited when markets move up a bit,thought being a daytrader was all about exploiting volatility?
Once big players have squeezed as much profit out of this rally as they can they will send out 'signals' to send it down again;)

SOLD BRE(incdentally no Stamp Duty to pay since reorganisation)
In and out of AV. again(historically big faller ex div poss £3.50)

tradetime

Trade,you do get excited when markets move up a bit,thought being a daytrader was all about exploiting volatility?

?? Nothing to get excited about, SPX behaving much as expected, not sure which part of my post conveys "excitement" Market is all about price levels and sentiment, nothing more. As a bear, I'd be more at risk of becoming "excited" on a down move. As for volatility, it's quite poor at the moment unfortunately.

In and out of AV. again(historically big faller ex div poss £3.50)

Cheers for that, good info, hit my sell stop @ 398 so out now, but was tempted to hold

bobbyj_2

NWR chart breakout.

SOLO - mentioned on another thread, obvious one to be in as punters pile in the next 10-14 days as news day approaches. Being very heavily bought today.

[Deleted User]

Is `theotherkevin` here?

omg, FGP is up almost 8%. I wasn`t expecting that yesterday morning

9.2% now. What on earth is going on. Maybe it was because the train was clean and comfortable when I went on it last week