Henderson International ... Share Discussion Threads

[byrdsong] 07/1/2002 07:41

Morning all.

Thx again croc for the start.

Party may be over or is it the last song and the desperate scramble to find a beautiful woman to dance with - nice and slow?

Today is the day I have long earmarked as the start of the next stage down, but I'll trade what I see. I'm currently long sat get and short rat cuk.

Have a good day all.

[matthewa] 07/1/2002 07:41

Morning All

FSTE called up 10 pts

[paulismyname] 06/1/2002 21:35

rb5 thanks for that, I have some further info which I will post tommorrow, don't worry anyone I am not ramping this stock but its half past 9 and I am going for a G & T. BTW its a range trade over a few weeks so one day should not make a difference.



This link is reproduced for chartists. Its a morningstar update for all actual growth in all markets. It should work but you may have to registrar (free)

[rdj20] 06/1/2002 20:05

Anyone been taking a look at SCTN? They look to be in a good uptrend and are currently at the bottom of their range. It's a risky trade in that your betting they bounce off the resistance once more. However, they tested this level a couple of times on Friday and I was watching level 2, both times strong buying came in and the price firmed. Opinions? (I am currently long)

[rb5] 06/1/2002 20:02

Paulismyname - re prudential

By Bill McNamara
Fri 4 Jan 2002 07:01:22(27442)
(Nothing-Ventured.com) - Returning to my theme of looking for stocks that could be good strategic investments for the coming year, and working on the premise that the UK will weather the recession better than most, the likelihood is that we have seen the bottom of the interest rate cycle.

That being the case, it might be time to look at financials again and, in particular, the technical outlook for the Prudential. The chart shows that this stock has been trending lower since hitting a high of 1,125p in December 2000.

Indeed, the downtrend line has clearly marked the descent of the shares and part of the reason for re-examining them now is that this line appears to be coming under pressure.

The price action of recent weeks has seen the share price oscillating around that line, with a bias to the upside, and the move up to 800p appears to confirm that the trend might be changing.

Given that this downtrend has been in place for so long, a change of direction now would be significant - this is clearly demonstrated in the weekly chart shown here.



Looking to the upside, the first significant area of potential resistance appears to be in the region of 886p - the shares stalled there a couple of times back in August - after which we would be looking at the possibility of a rally all the way back up to the December 2000 highs.

This article was published in yesterday's Trader's Bulletin.

[rdj20] 06/1/2002 19:53

BARC really does look toppy at the moment. I'm not short as yet but if we get a spike up on Monday I will definitely consider getting in. In fact if we don't get one I will probably short it anyway! I just don't want to go short ahead of any spike :-)

[palawrence] 06/1/2002 19:51

May be some trouble ahead for those short on Barc (me included) article on FBB reproduced from Bloomberg indicates they are in talks to buy a stake in a Chimese bank. Similar news last week for HSBC led to a spike.

Barclays have said "no comment" on AXFX

Hope it being at the top of its range will moderate this.

[paulismyname] 06/1/2002 19:43

Thanks timeliner, I am holding and think I will continue to (twt) An afternoons research leads me to think an advertising campain from twt is due to kick off soon, I dont think it will have a short term impact on share price IMHO but it may add to public awareness.

One final point from todays research, anybody have any views on the Prudential (pru). Results due 26/02 so not a day trade but could be okay longer term (a few weeks!)

[crocodile] 06/1/2002 19:01

Yes I did by Pearson in my ISA after selling ARM for a nice little profit. I believe it is lagging behind other shares in the European recovery on Advertising stocks and oversold. A good price should be around 1000p
This is a medium term trade and not a daytrade so I am hoping for about 10%+ over several weeks. Mind you I said the same about my ISA with Logica and then ARM and I was lucky enough to close after a few days. But that was just lucky timing!

[ganef2] 06/1/2002 18:51

any views on pacific media? notice that the shares have been going up but I would like to know a chartists oppinion if indeed there is one.

[pwcarnall] 06/1/2002 17:06

Croc notice you went long on one of my trading favourites pson just before Fridays close areyou still positive inthe light of your reluctance to long this week?

[royce] 06/1/2002 17:03

well, a week to trade what you see if ever there was one. ftse on friday said it all, up went the dow etc and the ftse went down hhmmmmmm seems we think the yanks are going to fall on their face it did not happen on friday so its monday then? i am short a few banks as they are at the top of the trading range so shareholders will sell to buy back lower.but as i said trade what you see.

[morraly bankrupt] 06/1/2002 15:54

zak4086

Sunday biz page 1.

Barc woos Bank of China
UK group preffered partner.

My tactics would be long BARC short HSBC.

[zak4086] 06/1/2002 15:46

thanks for that guys

i think i will just short barc instead looks safer .

[matthewa] 06/1/2002 15:38

Croc - Many thanks as ever for traders thread.

MONI - Highly rated 'breaking views.com' just sent me an e-mai update on MONI which basically says Long the Bonds Short the Stock makes sense. Their track record is very good.

[crocodile] 06/1/2002 15:31

zak
Marconi is a share that I do not follow to closely. But my thoughts are as follows.
Very high risk company prone to bringing out profit warnings and also with heavy debt.
Possible upside potential of share price is huge but also could lose half their value at any time!
Difficult market conditions and strong competition
Resistance level at 50p which may take some breaking through.
Recent price increase follows possible over excuberence with tech shares and bargain hunting.
I would be very nervous holding any long position on them overnight or through a weekend.
D.

[morraly bankrupt] 06/1/2002 15:30

zak4086

Sunday Biz "condtions in telco equipment mkt. r still dire, as Moni is expected to confirm next week.

If you are gonna spread bet these, get a Spread broker that will trade on to SETS for you. ie no spread.


DYOR

[zak4086] 06/1/2002 15:25

morraly bankrupt

i dont have any shares in moni at the moment i was going to spread bet it with a long postion in antcipation of a good trading statement .

[morraly bankrupt] 06/1/2002 15:23

zak4086
Re MONI very bearish article in Sunday Biz-page 3,
"could still go bust, buy the bonds sell the shares"

[zak4086] 06/1/2002 15:08

croc any idea what way moni is heading as they have a trading statement on 15th

[stevelyons] 06/1/2002 14:19

Very bearish this week but will trade what i see!

[timeliner] 06/1/2002 14:02

Paulismyname

I am long on TWT. The chart is looking interesting. Trend since September is up and the downtrend from mid-November broke on Friday. There is a potential reverse head and shoulders forming with strong resistance at 80p. Once this breaks my target would be 140p.

[paulismyname] 06/1/2002 13:54

Any opinions anybody on telewest. Interesting article in Sunday Times (business section) by BT Chairman. He conceeds that cable companies such at twt and ntl pose a threat to BT's long term business as (they) provide 'content' as well as broadband internet connections plus cheap telephones.

I have got a holding in twt which sad to relate (and before I got level 2) I misguidedly purchased at 80p. Should I hold for the results (due in March) or sell now and use the money somewere else. Opinions welecomed.

[rb5] 06/1/2002 13:30

Can't be good news for the banks with so many in debt and forecast rate increases, and with Barclays at the top of its range, it looks ripe for a pull back.
Have we had news on Barclays exposure to Enron yet?