Lloyds Banking Share Discussion Threads

[diku] 20/3/2020 09:52

Is it triple witching today?...

[7rademark] 20/3/2020 09:47

I've took a position this morning, I'll add on any further weakness, money was in an isa, pointless interest, there's an excellent chance I'll double my money in the next year. Imo.

[mr.elbee] 20/3/2020 09:35

The trouble mitchy, is that some institutions are invalidating shorts and the Europeans are going to block shorting very soon...A multi millionaire pal I have has been shorting away and the trades dont go through because he is winning consistently!

the way around this is to short sequentially through several brokers so they cant see a pattern of your successes.

[gbh2] 20/3/2020 09:07

Hope you've hidden all your Sharp objects mitchy ;)

[diku] 20/3/2020 09:07

Computers trades set Lloy to 30p?...

[diku] 20/3/2020 08:52

I think the US already done that last week for banks...relax on the reserves they hold...



adyfc
20 Mar '20 - 08:10 - 297326 of 297331
0   0  0



BOE cancels bank stress test. I wonder why that is?

[mitchy] 20/3/2020 08:44

The message seems to be "short on any rise". Until it rockets up 20% in a day on the news of a cure, of course but then followed by a massive drop after figures start to come in. Massive job losses. Massive manufacturing losses. Massive business losses. Massive debt defaults.....and then Brexit WTO exit.Good night Vienna .Bad hair day.

[gbh2] 20/3/2020 08:43

This company share price looks well & truly *ucked!

[maxk] 20/3/2020 08:22

Someone with a sense of humour...

[pierre oreilly] 20/3/2020 08:18

it's clear 'lockdown' means only go out when necessary, not never go out.

[pierre oreilly] 20/3/2020 08:17

Bookbroker, as always when people fail to consider consequences and stick to single issues, optimum solutions aren't found.


Seems just so effin obvious to me, you can't say 'flatten the curve' at any cost, without considering the consequences.

What is wrong with looking at the full effects of any actions? ffs!

I know, let's all slit our own throats, that'll get the curve flatter.

[aljm] 20/3/2020 08:12

how do Dr's and Nurses work if they cant go out ? how do you survive if you cant get food for months ? we have not been told conditions yet, but they are hoping people will be sensible about it

[maxk] 20/3/2020 08:10

It's not lock down then.

[adyfc] 20/3/2020 08:10

BOE cancels bank stress test. I wonder why that is?

[aljm] 20/3/2020 08:08

i might be wrong on this, but even on lock down , you are allowed to go food shopping and work.

[maxk] 20/3/2020 08:06

Confining everyone to their homes.



Easier said than done. People have to eat. Not everyone has access to freezers etc.

[bookbroker] 20/3/2020 07:53

What the hell would he know, there are arguments for and against, the basic point is to try and keep the curve gentle, by limiting the number who contract the virus, but then without proper testing, and testing the whole country in the process, flattening the curve is near nigh impossible. Only by managing to learn who is carrying the virus, and reducing their contact with others will the virus dissipate. Mass screening over the course of a week, and confining everyone to their homes until they are either proved positive or negative is the only way to succeed in achieving that aim, a near impossible proposition. It maybe that the people essential to keeping the country ticking over would be exempt, but they would have to be tested and isolated in the week preceding. All very hyper theatrical!

[pierre oreilly] 20/3/2020 07:40

You mean Redwood's saying we shouldn't 'flatten the curve' at any cost? Well I never, someone at last who agrees with me. We need to see the consequences of all these lockdowns. The devastation they are causing whichever way you look at it, doesn't seem to be considered by those taking decisions.

Once Redwood realises the link between stress and deaths, he'll come to the conclusion I'm sure that the consequential deaths due to these draconian measures are more than the direct lives saved by flattening the curve. On top of that, the economy of the world is being trashed too.

[xxxxxy] 20/3/2020 06:30

The twin crisesBy JOHNREDWOOD | Published: MARCH 20, 2020The government have many difficult decisions to make. They are mainly seeking to manage the virus. The science tells them it does not have medicines  to prevent the virus nor to treat it. Understandably with a new virus there are many limits on what scientists can tell us about it.  The science Ministers draw on is epidemiology. It comprises a series of guesses or forecasts of how the infection may spread around the population, and  how many people may die as a result of it. They  usually die  by  compounding other health problems.These graphs rest on the figures from China, Italy and elsewhere where it is a bit more advanced than here. None of the figures can be that reliable. No country has been able to test enough people to know how many at one time in a country actually have the virus. There is an element of chance as to whether a death is ascribed to the virus because the person was tested, or ascribed to the other health conditions because they were not. There is  still a lack of clarity over whether you can catch it twice.The epidemiologists agree that if a country cuts the rate of increase and the total number of cases by enforcing segregation of people, the virus may spread again once the restrictive measures are removed. They also think people will become better able to fend it off after they have had it once, so as more people have experienced it so there are fewer hosts in the population for a new virus attack.At the same time the government  has to manage the economic crisis which the heavily restrictive measures to deal with the virus creates. As an economic commentator I can give the government a much clearer view of the economic damage the measures will inflict, and can explain how their economic response needs to be much bigger  given the extent of the damage.The short term hit to the economy is going to be a much bigger decline in output and incomes than is normal in the first quarter of a nasty recession like 2008-9. More than a fifth of the economy will face little or no custom as hotels, bars, restaurants, pubs, clubs, leisure and pleasure events close down. There will not be many discretionary purchases either, as people put on hold any plans for new cars, new homes, or larger household items. High Streets will be largely deserted or locked down.If the state does not come up with ways to sustain employment many people will lose their jobs. Many businesses will go onto care and maintenance or will go into wind up, bereft of revenue and purpose.The epidemiologists cannot give us a date by which the controls can be removed and the all clear sounded. The thought that this may drag on for many months, with some seeming to say we can only relax the controls when people have been successfully vaccinated with a vaccine still to be developed and approved, will ensure many more people lose their jobs and their businesses.Government needs to weigh very carefully the balance between the health crisis and the economic crisis. Measures that damage the economy are only worth taking where there is considerable certainty they will save a material number of lives. The case for a major cash injection to offset the damage to companies and people is overwhelming if the close down has to endure more than a couple of weeks.

[maxk] 20/3/2020 00:08

Sweet dreams...

[malcolmmm] 20/3/2020 00:08

The trick imo is to have 10% maximum of funds in any one company with stoploss. For FX trading 2% of capital in any one trade adjusting stop according to volitivity