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Any tips for bargain shares?

Old Aug 11, 2011 | 11:42 AM
  #151  
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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
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Old Aug 11, 2011 | 11:46 AM
  #152  
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Originally Posted by alloy
These banks are lairy, been in RBS long at 24.30 out at 25, back in at 24.20 stopped out at 23.90 back in at 23.70.....really got to be on the ball if your trading them at the moment!


You must be buying a LOT of them to be making with such small moves?
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Old Aug 11, 2011 | 11:53 AM
  #153  
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Originally Posted by cookstar
You must be buying a LOT of them to be making with such small moves?
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
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Old Aug 11, 2011 | 12:18 PM
  #154  
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back in again 23.90, i bet this one carries me out .....
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Old Aug 11, 2011 | 01:37 PM
  #155  
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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.
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Old Aug 11, 2011 | 01:49 PM
  #156  
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Originally Posted by alloy
back in again 23.90, i bet this one carries me out .....
Yup down 1%....net up 4% for the day on the name.....move on to the next one
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Old Aug 11, 2011 | 01:51 PM
  #157  
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Through 5,000 - where now!!!
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Old Aug 11, 2011 | 01:56 PM
  #158  
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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
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Old Aug 11, 2011 | 01:57 PM
  #159  
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Originally Posted by Trout
Through 5,000 - where now!!!
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
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Old Aug 11, 2011 | 01:58 PM
  #160  
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Originally Posted by Trout
Through 5,000 - where now!!!
The only way is up !




































Hopefully!
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Old Aug 11, 2011 | 01:59 PM
  #161  
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Originally Posted by 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

Alloy ,

Why are these figures so significant.

Chip
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Old Aug 11, 2011 | 02:00 PM
  #162  
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DJIA, up or down on the day? Roll up roll up, place your bets
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Old Aug 11, 2011 | 02:00 PM
  #163  
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I'm doing OK today , only £5k down so far
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Old Aug 11, 2011 | 02:01 PM
  #164  
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Originally Posted by TelBoy
DJIA, up or down on the day? Roll up roll up, place your bets
Up 380 points . Can I have an each way bet on that though please.
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Old Aug 11, 2011 | 02:02 PM
  #165  
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Originally Posted by Chip
Alloy ,

Why are these figures so significant.

Chip

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.
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Old Aug 11, 2011 | 02:04 PM
  #166  
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Originally Posted by Chip
Up 380 points . Can I have an each way bet on that though please.

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.
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Old Aug 11, 2011 | 02:04 PM
  #167  
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Originally Posted by Chip
Alloy ,

Why are these figures so significant.

Chip
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
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Old Aug 11, 2011 | 02:07 PM
  #168  
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Originally Posted by 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
You are of course 100% correct but it's worked for me. After all will you be able to retire before 50.

Chip
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Old Aug 11, 2011 | 02:07 PM
  #169  
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Originally Posted by 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.
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....
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Old Aug 11, 2011 | 02:08 PM
  #170  
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Originally Posted by Chip
You are of course 100% correct but it's worked for me. After all will you be able to retire before 50.

Chip
hopefully before i'm 30....or sooner
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Old Aug 11, 2011 | 02:09 PM
  #171  
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Originally Posted by 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.
tel u on Bloomberg IB?
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Old Aug 11, 2011 | 02:10 PM
  #172  
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Yes mate, i am
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Old Aug 11, 2011 | 02:11 PM
  #173  
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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
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Old Aug 11, 2011 | 02:12 PM
  #174  
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Originally Posted by TelBoy
Yes mate, i am
PM
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Old Aug 11, 2011 | 02:14 PM
  #175  
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Just bought 5k of Pace , Chip
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Old Aug 11, 2011 | 02:18 PM
  #176  
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Originally Posted by 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


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
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Old Aug 11, 2011 | 02:20 PM
  #177  
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One minute the indices are down 1 percent, then up 0.5 and then down again. Plenty of volatility!
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Old Aug 11, 2011 | 02:24 PM
  #178  
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Originally Posted by madscoob
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
pm me details please
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Old Aug 11, 2011 | 02:25 PM
  #179  
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Originally Posted by 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.
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
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Old Aug 11, 2011 | 02:29 PM
  #180  
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14.29 fasten your belts as here we go

Last edited by Chip; Aug 11, 2011 at 02:31 PM.
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