alloy

thats it for me, just got dream fill at 24.50 on that last bunch...overall up 5% in a morning on that name so quit while you're ahead seems sensible option

cookstar

iTrader: (6)

You must be buying a LOT of them to be making with such small moves?

alloy

They are small moves penny wise, but it is a percentage game!!

5% on what ever you have to risk, in a morning, is a decent return regardless of size......infact on my normal trade size these bank plays have been very conservative, but just shy of 100k before lunch is alright

alloy

back in again 23.90, i bet this one carries me out .....

GlesgaKiss

Well I'm not far off my target for the year already. Up £32.65. That was long GBP/EUR. Currently long RBS with a stop at 23.3. Probably get hit but it's only going to cost me a fiver.

alloy

Yup down 1%....net up 4% for the day on the name.....move on to the next one

Trout

iTrader: (1)

Through 5,000 - where now!!!

madscoob

iTrader: (3)

company i work for , start the day off at around £2.40 per share , peaked yesterday at £2.95 , buy 1st thing in the morning 1000 shares offload at about 3pm at £2.73 nice profit £330 quid for a days work , started again this morning at £2.61 per share, on lunch now at £2.79

alloy

5000 isnt that a big technical level more psychological, 4790 is the low to be worried about taking out on the downside.

In the short term levels to watch market movement and reaction are 5150,5080,5020,4970,4900,4790

Chip

The only way is up !




































Hopefully!

Chip

Alloy ,

Why are these figures so significant.

Chip

TelBoy

DJIA, up or down on the day? Roll up roll up, place your bets

Chip

I'm doing OK today , only £5k down so far

Chip

Up 380 points . Can I have an each way bet on that though please.

TelBoy

They're Fibonacci technical levels, with set % changes. Some argue that they're self fulfilling because everybody uses them to find ranges, but whatever the cause/effect, they're essential if you're going to spot trends or set stop-out or profit-taking levels.

TelBoy

The crazy thing is, even with Dow futues basically flat, i couldn't say for 100% sure you won't be correct


Never seen uncertainty and skittishness like this.

alloy

They aren't significant to you as you blindly throw darts at the FT and then toss a coin to decide on buy or sell

They are just technical levels of potential inflection and/or reversal in my eyes

Chip

You are of course 100% correct but it's worked for me. After all will you be able to retire before 50.

Chip

alloy

Yup, seem to work pretty well, the 5150 i quoted is actually 5151.40....and todays high price before we reversed 5151.24....pretty accurate.....i use them just as areas to take note and be ready to act as well as targets and on some occasions stops....

alloy

hopefully before i'm 30....or sooner

alloy

tel u on Bloomberg IB?

TelBoy

Yes mate, i am

Chip

Anyway going back to the original thread title how about some the experts on here giving some hot tips.

Alloy , Tel ,Glesgakiss and dpb I await your latest hot tip.

Chip

alloy

PM

dpb

Just bought 5k of Pace , Chip

GlesgaKiss

I just buy what I think are good investments, pretty much always with a divi and strong balance sheet. Probably much the same as yourself.

Got an order in for BP at 392 with a stop at 389 in my spread betting account, but don't take that to mean anything. Lol

GlesgaKiss

One minute the indices are down 1 percent, then up 0.5 and then down again. Plenty of volatility!

stuart69

iTrader: (1)

pm me details please

Chip

Yeah pretty much so. I think I have just been very lucky over they years as I have only ever had a few shares which are now down on what I paid for them the worst being Eurotunnel and Madisons Coffee (now Richoux). Had a lot of shares in utilities as I was in the industry and did SIPS and sharesaves for 25 years most of which I still hold and get an excellent divi from.

Chip

Chip

14.29 fasten your belts as here we go