Barclays Share Discussion Threads

[newm0delarmy] 26/5/2010 08:15

Short now imo.

[davenash] 26/5/2010 08:06

Purple

Can I stop now? - people on the train are looking at me...

[grahamite2] 26/5/2010 07:37

homeboy, I accept there's something in what you say and that my version was an oversimplification, but the fact remains the recent crash was based on fundamentals - which will out eventually, even if it takes a while. And to put the boot on the other foot - what about the predatory longs, who carried on taking the market up and up and up in 2007, long after it was 100% clear to anyone with eyes to see that it was already overvalued and there were serious problems about to hit imminently?

[purple sound] 26/5/2010 07:37

When you're holding on to your computer you must say the following :-

"I will follow you Oh Magnificent Purp. I will praise no other Charlatan (not even ludlow3). Oh Supreme Oneness Purp - Let me possess some of your Trading Powers."

Do it now !

[maxidi] 26/5/2010 07:32

I notice the lack of a nasty smell. MONTY has crawled back into his pit.

[harrodsfree] 26/5/2010 07:31

homeboy35 - if you are right then surely today's market represents good long term value? Why worry about shorters if all they do is present the rest of us with buying opportunities?

[homeboy35] 26/5/2010 07:28

Grahamite, what % of shareholders even know that their shares are being lent out, let alone agree to i?. Do indirect holders of shares through pension funds and endowment mortgages get a sniff of this commission? I think not. Let's leave aside the fact that these funds have been decimated and won't get anywhere near targets on maturity, it is very likely the increased volatility, and hence risk as a direct result of shorting, has put many investors off and led to the stock market being significantly lower today than it otherwise would have been. After all, we are still lower than we were 10 years ago, and people no longer view holding shares a viable long term investment.

[martipop] 26/5/2010 07:23

purple - are you ever down ????

monty - 225 still target ???

[kenbachelor] 26/5/2010 07:17

How on earth does anybody handle these markets? I can't imagine what happens to people who leave s/bets open overnight.

Of course we've come to know that Purple always gets it right!

[purple sound] 26/5/2010 07:13

Hold your computer with two hands and some of my trading expertise may be transmitted to you.

It's your only chance to make money !

I'm £14 million up today.

[harrodsfree] 26/5/2010 07:06

grahamite2 is right. BBs are full of nonsense about shorters damaging the share price What shorters sell today (forcing price down) they must buy back tomorrow (forcing price back up). All shorting does is enable them to predict the fall that would happen anyway. Long term there shouldn't be any effect.

Except of course, where 'investers' are really 'speculators'. Then the share price will move over the longer term independant of underlying value.

[purple sound] 26/5/2010 07:02

I'm Long on 5 Banks.

WOO HOO !

[grahamite2] 26/5/2010 06:53

But who wants their stock borrowed out and sold, so causing the price to fall, anyway?

Those who get a commission on it, obviously. No reason a committed long term investor should care what happens day to day.

But what about the complete collapses seen a couple of years ago, surely that outweighs any commissions earned? Those collapses would have happened anyway, short selling or no. They were based on fundamental reassessments by genuine holders - the shorts were just going with the flow. You can't short a good company in a strong market.

[homeboy35] 26/5/2010 06:44

Burn you naked shoters................urgh! what an image!

[warranty] 26/5/2010 06:21

For today only!!

[purple sound] 26/5/2010 05:31

FTSE Futures Plus 85

Panic Over !

[pillow] 25/5/2010 22:59

Such is the political importance of the European Currency to those involved, not to mention their pride and vanity, I imagine they'll do anything to avoid a collapse or retreat.
That said, I would not be surprised to see some countries leave or if they don't be given special dispensation to act outside the confines of the rules in order to prop their economies up.

There will be more than a few people wishing they'd never signed up to this farcical idea and the British public should take some pride in having the collected sense to scare UK politicians into backing away from it.

The storm clouds are gathering !

No wonder Merkel has prevented short selling.

[advfntom] 25/5/2010 22:03

dow now up 87 !

[purple sound] 25/5/2010 20:23

Was 279p the low ?

[purple sound] 25/5/2010 20:21

Ken,


I went to my local only to be swamped with Durham's Cricket Team (they lost in 2 days).

They told me their worries.
I told then I was up £104 million.

A typical evening.


Regards,
Alan

[kenbachelor] 25/5/2010 19:26

Come on Overzeal, don't expect me to do your job for you!

BCS is currently about 5p above our close.

[gcom2] 25/5/2010 19:11

purple sound you could bail out corfu with that