Bp Share Discussion Threads

[linton5] 24/8/2015 13:46

It was called on Friday this drop,black Monday was predictable

[buywell3] 24/8/2015 13:43

Suggestion to BOE and C of Exch'r

The creation of a FTSE Commodities Index of the top 50 companies might prove beneficial to the preservation of OAP's Pension monies currently being lost by Fund managers that don't know their @rse from their elbow

[richvandam] 24/8/2015 13:37

^^^small time traders......I doubt your views are going to make a difference to the share price here! haha. Get back to the AIM Market.

[penycae] 24/8/2015 13:22

I wonder if they'll start calling this "Black Monday"

[dmf] 24/8/2015 13:14

Circuit breakers may be activated in Dow today !

[dmf] 24/8/2015 13:12

Dow futures -680

[dmf] 24/8/2015 13:11

Article in FT - There will be total dislocation if FOMC push up rates in Sept !

[tempted] 24/8/2015 13:07

What an opportunity if you're not looking for the bottom! DYOR

[penycae] 24/8/2015 13:01

They're struggling with it now. Don't know where to let it sit for the open.
Carry trade suggests they're likely to bounce it up.

[penycae] 24/8/2015 12:57

Yes, I've been watching the DOW. They didn't like it at 15871, and it bounced over 80 points within a couple of minutes. Typical stop hunting. They really are bandits.
Might well have seen capitulation of some sort there, as a lot of UK equiities followed suit. Be interesting to see whether there's another sickening drop, or a sharp bounce on the open.

[dmf] 24/8/2015 12:49

Dow futures -600

[penycae] 24/8/2015 12:41

mbthedude - still holding my first tranche. Got 10,000 on a CFD from 386.51, so stinging a bit. I was going to add at 362, but held off because it was clear that the market was a trifle unsettled. I'll double up when the monkey tells me that Goldies have finished messing about with oil.
Bought some HSBA for Mrs. P this morning (paper). Got them at 507. Still got some Brownie points from a job I did for her last week, so she won't mind a bit of slippage.
Might wade in there (and here) again myself if this keeps on.
Looking to get long on the CAC (honest) when the planets line up. Euro/$ has paid the rent this month, but my last DOW trade meant that the new breakfast drink is Prosecco. Not a patch on Krug, but still goes well with a bacon sarnie.

Trade well and prosper......

[bigfrocks] 24/8/2015 12:23

Monkey! Peny a £1!lol your a chimp my friend!

[veryniceperson] 24/8/2015 12:13

Your busy this morning monty.?

[mbthedude] 24/8/2015 12:12

Penny your back,

I thought maybe you had been given a comfy fitting white jacket after openly admitting spending many months taking to a monkey

[penycae] 24/8/2015 11:43

£1.00 by Christmas......

[montyhedge] 24/8/2015 11:06

Oil at 6 year low, BP will cut this dividend in half.

[pierre oreilly] 24/8/2015 11:00

Buywell, if you are so correct in your views and chart drawing, wtf are you doing here? Surely you're a billionaire by now - i would be if i always predicted correct share price movements.

I think Bloomberg needs to know before they follow your next prediction with a few hundred million.

[golf driver] 24/8/2015 10:32

Do you really believe there`ll be further devaluation . I somehow doubt it . More likely to be massive intervention and a reduction in rates to steady the market

[buywell2] 24/8/2015 10:27

Because WTIC chart says not



buywell2 - 21 Aug 2015 - 17:17:24 - 86599 of 86626
The red and blue intersection point has been taken out as the chart indicated

350p looks next with a possible retest of 300p on further Chinese devaluation

buywell2
25 Jul'14 - 11:25 - 84449 of 86598 0 0 edit


free stock charts from uk.advfn.com

[golf driver] 24/8/2015 10:25

Why not just buy in three tranches then . Here at 345 , again at 300 if you`re confident it will arrive there and even leave some room for 280 . Surely that`s the way to go for most shares . Why even attempt to pick a bottom .

[buywell2] 24/8/2015 10:25

There are some avatars and copycats about

Actually it was me that said


buywell2 - 21 Aug 2015 - 17:17:24 - 86599 of 86626
The red and blue intersection point has been taken out as the chart indicated

350p looks next with a possible retest of 300p on further Chinese devaluation

[mbthedude] 24/8/2015 10:21

stevenr and mitchy

You can't look at this share / sector in isolation at the moment. It's the whole market bubble that is the problem and it will all drop together whether you think this share has gone as low as it should or not.

I 100% believe you will see BP under £3 before September is out and I am so far comfortable with my decision that I got it wrong buying in the 420's and to stem losses at £3.80, whilst waiting to buy back lower. Weird strategy it may seem to some but it makes sense to me.

[tim 3] 24/8/2015 10:10

Did you hear that Bloomberg commentator say you have to wait a year for BP divi.....unbelievable

[mitchy] 24/8/2015 09:52

If OPEC can agree cuts in production this will be the bottom. .. if not !?