Dow Chem. Share Discussion Threads

[rockits] 12/8/2009 14:38

Fireman...I am keeping my eye to get back into a BARC short. What price is your target entry? You still ogt your DOW shorts on?

[fireman3014] 12/8/2009 14:35

really looking to short barc and lloy soon
did say earlier going have a look later these
banks are due to drop {rbs possible nationalised}

* DYOR *

[schosam] 12/8/2009 14:22

the only way:

[rockits] 12/8/2009 14:10

I am still short so waiting for some fireworks pushing this south this week at some point. Unemployment figures released this morning were up so the highest level of unemployment so far recently. Looking set to rise further apparently.

[mindthegap365] 12/8/2009 11:59

Aug. 12 (Bloomberg) -- Federal Reserve policy makers may today acknowledge economic growth will be faster than they anticipated, while committing to keep the benchmark interest- rate target near the lowest level on record.

Central bankers gather in Washington as analysts project 2 percent growth or faster in the second half of 2009 -- twice the pace the Fed forecast in June. At stake in today's statement: delivering a message that the Fed will ensure the recovery is sustained, without stoking inflation expectations.

The need to reinforce the recovery means policy makers will reiterate rates will be kept "exceptionally low" for an "extended period," analysts said. At the same time, Chairman Ben S. Bernanke and his colleagues will likely consider ending their $300 billion Treasuries-purchase program, an emergency step taken in March to help pull down borrowing costs.

[mmardi] 12/8/2009 11:02

fireman

sorry late reply.

Yes I trade shares but not very frequently as have a day job. Don't have the balls to give up he day job. otherwise enjoy trading much more.

I am currently confused about the market so stopped trading (sold all LLOY and RBS holding - made 6.5K ). Did a couple of shorts but got stopped out and don't have time to watch the market so waiting for a significant move to get back in. If I could watch the market I would day trade at the moment specially the banks.

Agree with Craig that a pull back is due and don't believe the hype - house prices going up etc. The only thing is that the Chinese are spending money (buying 40% more cars) BMW has increased production. so the Europeans and the Americans may have done a deal with the Asians as no one wants this mess to fan out in one sweep.

[munkychunky] 12/8/2009 10:24

Squeeeeeeeeeeeeeeeeeeeze

[wenlynn] 12/8/2009 10:22

CRAIG has just said "End of the World" !
He's just added to his LLOY short !

[thepinkpanther] 12/8/2009 09:29

LLOY have broken out 91p, there is a chance they can test 1.00 again!
IFL hit 55p this am......should reach 40p again potentially at some stage

[wenlynn] 12/8/2009 09:24

CRAIG has just contacted me - he has "topped up his LLOY short".
Hope this helps !

ADD - I am a consultant for Scottish Widows in Edinburgh !

[bart279] 12/8/2009 09:13

Ok mate, I'm covered up to 983.

Watch out in Nottingham, the local nickname is SHOTtingham after all the gun crime......................!

You haven't upset anyone lately have you?















What's that?.............craig is away from his terminal today!!!!!!!!!!

[andrescerri2] 12/8/2009 08:59

fireman3014 - 12 Aug'09 - 08:40 - 52636 of 52638
rockits
you never go bust taking profits
i`m watching barc lloy and rbs may get in
later

PROBLEM is when you come to take a loss which is inevitable part of trading, that is what you definitely need to control, cos you shall go bust anyway!!

[fireman3014] 12/8/2009 08:51

mmardi
do you trade in shares as i`m waiting for lloy to go 70 or under
bac £3 or under then going to buy back in
dont bother with rbs they finished may well be
nationalised reading between the lines may be wrong
to risky though

[bart279] 12/8/2009 08:41

Opec, are we still long S&P futures?

[fireman3014] 12/8/2009 08:40

rockits
you never go bust taking profits
i`m watching barc lloy and rbs may get in
later

[rockits] 12/8/2009 08:37

Got a short open from last night so back in the game. Fireman...I closed my short on Barclays as well like an idiot! Good profit but can see a bit more downside on these....should have just trailed it down.

[mmardi] 12/8/2009 08:37

Soheila

barikala.

[fireman3014] 12/8/2009 08:37

mmardi
i hope so
thread boring without him

[oilgetmecoat] 12/8/2009 08:33

Me too....£30/pt short in profit and looking sweet!

[mmardi] 12/8/2009 08:31

fireman

is Craig going to be back?

[soheila] 12/8/2009 08:22

for me too fireman! :) 3 shorts running nice and smooth...

[thepinkpanther] 12/8/2009 08:19

see Opec got it right again............how does he do it!