Metro Bank Share Discussion Threads

[diku] 11/4/2020 10:43

Wonder if anybody played the Dow big move from above 29k to say 20k in one whoosh?...this sort of moves come every 10 years so keep in mind next time!...when Dow is in extreme bubble territory...there is always the possibility for it fall from 24k to 16k as the final capitulation...

[smartie6] 11/4/2020 10:43

Just thinking, we’ve been unable to win the UEFA European Championship but as the U.K. we’re now at the top of the one day death chart.

Well done the U.K. government. You should be proud on how well we’ve handled this.

[sentimentrules] 11/4/2020 10:36

Anyone got a handle on the options chain? And what's the ratio change on each addition announcement ?

Interesting if not changing weight to bull for end of this quarter and next
I've not looked yet. What's the score ?

[sentimentrules] 11/4/2020 10:34

Is tricky.

I'll use options chain as a gauge too. Not just etfs etc. Couple of other things as well

Follow da money. Blows fundamentals apart every time

[idontflykathyy] 11/4/2020 10:33

Just need to pull plug at right time

— and that’s only tricky part else last would we would have mint it

[sentimentrules] 11/4/2020 10:32

Anyone look at Dow options chain over this and next quarter?

Where's the weight re call or put ?

An interesting one to get a forward look on stimulus outlook

[turvart] 11/4/2020 10:25

The worst thing the US ever did was to abolish the Gold standard in 1971 under Nixon.

[sentimentrules] 11/4/2020 10:25

So even if market doesn't signal hard sell at start of week, I'll dump out 20% equity side. And prepped to press "bail out" button

[sentimentrules] 11/4/2020 10:23

I cleared short of £700 last week, a full weeks work. And to be honest I felt relieved given my battle with Feds in some trades haha

As long as your playing Fed side in stock trades, etfs etc, then needn't fear shorting indices

In essence the short Is great cover on equity buys. And the equity buys great cover on the futures

Just need to pull plug at right time on the equity side to make weeks of work pay properly

[idontflykathyy] 11/4/2020 10:22

Car Sales In China Crash 40.8% YoY In March

Still can’t believe Nasdaq just 5% YTD with what’s going on.

[turvart] 11/4/2020 10:21

Your probably right SR.

[idontflykathyy] 11/4/2020 10:19

Interesting that Buffet is still sat on the sidelines and we haven’t heard a word. He used to be an ever present on CNBC.

— agree Smartie. Buffet even recently sold 30 Millions share and he sitting on huge cash pile.

The Stimulus will dry up or get focused elsewhere

- SR: if fed can print 3 trillions then why not 6 trillions ?! Sounds
Crazy but true. See trump tweet. Airlines asked further 40+ billions on top of the latest for: trump said yes, no problem:

Apparently USA has that magic money tree and if we short now we will suffer. But yes agree with 6 month point of view or even wider range view. Agree but I still kicking myself of not reading this fed move. Could have easily made double.. but well happy with trading so far and still shorts. If Dow again end higher on Monday, that’s my short then for some days.

[sentimentrules] 11/4/2020 10:19

And it's going to happen Turvart

City are being given their escape

Back to cash for the big bang buy

As soon as they say to trump, sorted ..he will have a bleeding heart for the people . And all the 1% elite goons happy too

Buy for peanuts again

Happy another 10-20 years

[turvart] 11/4/2020 10:17

Personally I don't think this stimulus is a bad thing because they could drip feed it out when the DOW gets higher.

[sentimentrules] 11/4/2020 10:16

Focus stimulus to the people. That can keep businesses going to the other side . SMEs

[sentimentrules] 11/4/2020 10:15

Imagine the great social system to see Americans out of the duldrums if it was focused there?

How much is spent already on a dead cat bounce ?

Even the Feds can't win this one

Need another 20 trillion to see this out whilst nation starves

Aint gonna happen

Americans let trump know soon

Social unrest already started

[sentimentrules] 11/4/2020 10:12

Democrats right. Waste of money is stim

[turvart] 11/4/2020 10:12

I really wish there was such a thing as a Shorting fund in pensions, but SLA doesn't have one at moment.

[sentimentrules] 11/4/2020 10:11

10% metals .. 5% ftse short . 85 cash


That will give a nice bump to pension buying later

I think many investment funds gonna suffer soon. The Stimulus will dry up or get focused elsewhere

Then the inevitable

[sentimentrules] 11/4/2020 10:08

You do know. You just are not sure of timing. Not easy in this moment

But a good wide stop will pay. I do feel a ftse contract with 1000 point stop now, would avoid a lot of drama and pay out possibly 1.8:1 minimum down the road

Doesn't sound a great rate but it isnt bad for downside whilst waiting the buying again

Of course risk as always. Wouldn't go 80% into it looool

[turvart] 11/4/2020 10:07

If someone put a gun to my head and say "where will the markets be in 6 months time up or down" I would say down based on the total destruction this Virus will cause to the World economies.

[turvart] 11/4/2020 10:01

I still have 2 CFD accounts with CMC & IG, I could switch my trading account into 1 of those and short the FTSE but to be honest I'm not sure where this market is going.

[sentimentrules] 11/4/2020 09:58

I would too. But at least u still own the cash for a pullback

[turvart] 11/4/2020 09:58

I see your point SR about going mostly cash in pension, but if the FTSE goes up and I'm 100% cash I would CRY! LOL

[sentimentrules] 11/4/2020 09:57

Margin the risk . And if 10 going on , margin the total allowing for fixed risk

One can't blow the other up because use stops so each only allowed to lose what's margined for

Discipline

Too damn easy add when you are convinced u are right and market wrong. Rarely win that Battle

It's a decent method to stop stupid additions outside of planned for