Lloyds Banking Share Discussion Threads

[minerve 2] 15/5/2021 15:05

scruff

Although I said currency pairs we were talking about the $/£ and the parity conversation was generally raised WRT Brexit.

Bitcoin unravelling is only an issue for morons like Elon, mm2 and sentiment.

I generally don't make price predictions for the reasons you mention, not on gold, not on economies, and not even on stocks, but on these things during 'normal' times you can be approximately right rather than precisely wrong if you know what you are doing.

[grahamite2] 15/5/2021 13:59

They said we must join the ERM or it would be a disaster for this country and they were wrong.
They said we must joint the Euro or it would be a disaster for this country and they were wrong.
They said we must remain in the EU or it would be a disaster for this country and they were wrong yet again.

The remoaners are fanatics and idiots, a terrible combination.

[scruff1] 15/5/2021 13:44

THing is minnie when/if covid disappears there will be another 'one off' on its way.
Scots Independence, all out war middle east, chinese military intervention in S China Sea, bitcoin unravels, hyper inflation, Lloy £10. Hassles are not really one offs, like covid variants - just got a different title

[scruff1] 15/5/2021 13:44

THing is minnie when/if covid disappears there will be another 'one off' on its way.
Scots Independence, all out war middle east, chinese military intervention in S China Sea, bitcoin unravels, hyper inflation, Lloy £10. Hassles are not really one offs, like covid variants - just got a different title

[maxk] 15/5/2021 13:19

Brexit is a vaccine to eradicate €U induced myopia.


But the remainers cannot see it...

[minerve 2] 15/5/2021 12:49

There is no point looking at currency pairs ATM because they are all supported by short term transient COVID policies. Wait until COVID disappears - if it does - and then watch the £/$ rate a few years+ in.

Brexit is a cancer, not a heart attack.

[diku] 15/5/2021 12:42

Charts are just another side tool attached to casino markets/shares...

[scruff1] 15/5/2021 12:20

Pierre
Cant agree with you there. Models are very useful as long as you bear in mind that they are just that. Feed in all available data and make predictions. When it works give yourself a pat on the back. When it doesnt work find out why not and refine - repeat. Pretty much the base of all science. Weather forecast is easiest example and that is now very good.
Never been into charts but I guess they must work up to a point or no one would use them. I dont think they account for one off events but there are plenty of those so maybe they should.
The starting point for my new model is that by the end of next week Lloy will be 50.0 p +/-

[joestalin] 15/5/2021 11:49

Enjoy removing the key scratches from your Porsche Macan.

[pierre oreilly] 15/5/2021 11:42

It's basically 1.40 because billions of unpredicatable events have driven it to 1.40.

Predicting the future is impossible, because there are usually so many factors which go into it. Everything from economic predictions, people who stare at charts to predict the future share price, people who build multi-billion dollar computer models to predict the future climate - it's all cack. Complexity defeats all of them. The problem is to reach the stage of realising man knows pretty much nothing in the grand scheme of things it help to have a decent in depth knowledge of one tiny tiny aspect of nature. Then you realise there is so much more to know about the thing you already know more about than most people about you realise the total human knowledge relative to all knowledge is a tiny bit above 0%.

[pooroldboy55] 15/5/2021 11:27

For all those experts who were on the BBC predicting parity with the $ now at $1.40 can you please explain why this should be. .

[mikemichael2] 15/5/2021 11:19

I'm going for a Porsche Macan after making a stack on Tern plc.

[joestalin] 15/5/2021 10:58

After having driven a BMW for many years, my next car will be a Hyundai Ioniq.

[freddie01] 15/5/2021 10:48

Might the EU be about to reap what it sows?

We are already hearing increasingly from people who now check the provenance of goods in the supermarket when they go shopping. If there is an alternative to an EU product, whether from the UK (preferably) or from the rest of the world, the EU product stays on the shelf. Perhaps this is why the latest ONS figures show a drop in imports from the EU and a rise in imports from the rest of the world.


Superb news.

[asa8] 15/5/2021 09:03

I’ll second that send the lot back

[diku] 15/5/2021 08:50

Need to get back to mean trading range of 50p - 70p...

[optomistic] 15/5/2021 08:43

72/73p would make a lot of fund managers very happy as that was what they took them off the government at...

[joestalin] 15/5/2021 08:39

Coming to an inner city near you...

Donald Trump’s executive order protecting US monuments, memorials and statues has been cancelled by his successor Joe Biden, who also called off the former president’s planned national garden of American heroes.

In his own executive order, President Biden revoked Mr Trump’s decree in June 2020 calling for the federal government to “prosecute to the fullest extent permitted under Federal law” acts of vandalism and destruction to statues on federal property.

[gaffer73] 15/5/2021 08:39

Yes, be nice to see it back in the 50p-60p trading range.