Barclays Share Discussion Threads

[lab305] 04/4/2009 18:35

Smelgy wrong wrong wrong ,time and time again from below £1. Come on admit it . No thanks to you I am thousands in front but if just one nervous PI had sold because of your insane ravings you would partly responsible, anyway if you keep going at this rate and really did go short from £1 and £1.50 it won't be long before you can't afford your internet subscription. I can't wait for that day.

[informant] 04/4/2009 18:31

donuyulike we will be back on top tommorow enjoy for 23 hours.

[donutulike] 04/4/2009 18:23

Liverpool score!

[isis] 04/4/2009 18:20

smelgy failed to see the long from 50p to 178p and is mighty upset.
Poor Dear.

[donutulike] 04/4/2009 18:17

Smelgy nasty piece of work

[donutulike] 04/4/2009 18:08

Jibba, I'm abroad again for a few weeks and is excellent, ie uninterrupted view, great sound. I think the UK manages to track 'em and destroy continuity.

[kenbachelor] 04/4/2009 17:52

Craig - I'm having the same problems as Wenlynn. Here is a copy of my spreadsheet with various lows and a high of 790, which I believe was the high. All figures rounded.

Please can you explain the logic because I can't find it.

[gordonbrown] 04/4/2009 16:28

montyplank and others did you miss the boat ?



isn't this one of your pictures LOL

[wenlynn] 04/4/2009 15:46

So if the low had been 0.20 (p) then the resistance price target would be £4.00 !
So if the low had been 0.80 (p) then the resistance price target would be £1.00 !

It's very sensitive !

If you take the high of £8.00 and divide by the low of 0.45 you get a price target of £1.77, this is how I calculate the stage-one break out at key resistances once broken.

[ozzmosiz] 04/4/2009 15:44

Craig666 - Nationwide reported a rise, though Halifax reported a fall.

[gcom2] 04/4/2009 15:40

I for one have been foolish enough to catch many falling knives. It's my speciality...could be now these banks are not falling knives and now is the time to buy ? Still big worries over future YET UNKNOWN losses hitting the balance sheets, however its looking likeit could be time to buy and hold ? As for Barclays I do think it will find the range it had in December-Jan around 150-180, that would confirm chartwise the double bottom. Anyway I hope to get more around 150p if it comes (though I suspect not next week), anyway good luck all.

[madmick] 04/4/2009 15:11

wern't we at 68p last time they said sell!

[isis] 04/4/2009 14:39

That's the best indicator yet! - IC says sell then fill your Boots!!!!

[montyhedge] 04/4/2009 14:38

jibba thanks watching it now.

[montyhedge] 04/4/2009 14:37

INVESTORS CHRONICLE THIS WEEK SAID SELL, CHANCES OF NEEDING TO GO TO THE GOV IN FUTURE.

[craig666] 04/4/2009 14:34

Just before I go regarding house prices, they rose for the first time last month 0.2%

Too much raw money on the side lines waiting to get in, watch the banks gain another 20% next week.

[gordonbrown] 04/4/2009 14:30

jwe think you are wrong, everyone is talking about recovery it is only a matter of time until you see this headlining the news every hour and as we all know sentiment is what drives the markets.

house prices in the US are near x3 salary so their bottom is very close, the UK might have another couple of months of neg. house prices however just look what's happening to housing stock this week.

once it is confirmed that we are the road to recovery equities will be swamped with cash and further rises will increase sentiment.

[jwe] 04/4/2009 14:17

lab-what green shoots,all i see is a bear market rally.There is no sign of house prices bottoming(although borrowing is becoming easier)or unemployment,and,to me,inflation(along with interest rates)looks set to rocket.The talk of a deflationary spiral when MK is having to still write a letter each month is frankly,laughable.Virtually all commentary now says this is the worse downturn for 80 years.IF that is correct do you really think we are already on the road to recovery?A lot more pain to come yet i`m afraid

[lab305] 04/4/2009 14:03

Craig and Shorter Killer, you are both correct. There are an increasing number of posters who have changed their positions recently due to selling way too early. You Craig may be one of those who sold too soon ! , but at least you still have the same view on the stock . It is obvious to me that even though it has risen from 60p to 170p the deals it has done will see it emerge as a much stronger bank than before and therefore £8 could be breached within 3 years.
Craig human nature is exactly as you describe and having sold ,few have the courage to swallow their pride and buy back in higher.
There is also abundant on here a scool of thought predicting another market low. Those espousing this theory have less and less concrete evidence as time goes on whilst those opposing cite green shoots evidence which is now almost coming in daily.

[qantas] 04/4/2009 13:39

montyhedge your posts are very so boring try and change channel.