Royal Bank Of Scotland Share Discussion Threads

[leedskier] 24/4/2013 09:23

I do not trade banks, cfc is right about that. My days of trading half a dozen shares a day, come rain or shine are over. I now -- like him -- invest in companies for long term growth -- or not as the case may be.

But there is no doubt that traders can make money trading bank shares providing they are disciplined and focus on the charts rather than the 'noise'.

[leedskier] 24/4/2013 09:19

lsk, I asked Ramco the same question on Friday. He said the market was not sure about it. He did however mention Microsoft. Its chart is in a bullish trend, but I know nothing of its financial history or forecasts.

[lol short killer] 24/4/2013 09:17

leeds, how about aapl? right time to buy now?

lol

[leedskier] 24/4/2013 09:15

This is the one ...

[leedskier] 24/4/2013 09:14

Banks are trading chips. The charts indicate they should rise. I posted the H&S chart yesterday, showing its recovery from the recent lows.

[fewdollarsmore] 24/4/2013 09:11

I was eyeing arm at the time one that got away..

Why the rise in banks over the past few days? same as the reason for the fall?
So not a fat finger last night but a dodgy newsrelease...

[leedskier] 24/4/2013 09:10

RBS on the other hand has risen 300% since the lows of Q1/2009 when it fell to 10p and is now 30p (in pre reverse share split money).

[leedskier] 24/4/2013 09:06

If you had bought ARM -- to name but one --- in Q1/2009 your investment would now be a nine bagger.

[jazza] 24/4/2013 09:04

lol. Nice (try at a) dodge ;)

[leedskier] 24/4/2013 09:02

cfc, I am not bank bashing, what I am doing is showing my support for the regulations which Parliament is putting in place to ensure you do not lose your very large investment here.

[cfc1] 24/4/2013 08:56

Leeds - STOP Bank bashing just because you dont own the stock and should have bought in at lows this year.
FACT is Hester and team CANNOT be blamed for the past AND THE FACT is the WORLD got the old Roman 'fat and happy' disease...lend everywhere to everyone and anything.....started in the US......ONLY the PARANOID survive - noone thought of that. Noone (no business or bank or government) thought what if we had a catastrophic 'Roman Empire' meltdown?
BUT thats the past!
You need to stop banging on about the past too!!!

[leedskier] 24/4/2013 08:48

Wednesday April 24 2013

Breaking News

Australia to buy Chinese government debt
The Australian central bank plans to invest about 5 per cent of its foreign reserves in Chinese government bonds, in the latest move to build closer economic ties between the two countries.

"This decision to invest in China is an important one. It reflects the broader economic relationship between China and Australia and our increasing financial ties", Philip Lowe, deputy governor of the Reserve Bank of Australia, said in a speech on Wednesday in Shanghai.

[jazza] 24/4/2013 08:44

Goodwin and Crosby have had their "comeuppance".

It's long-past time we stopped punishing ourselves by punishing those who had no part in past misdemeanors..

[leedskier] 24/4/2013 08:42

If they had been some other species of unregulated mortgage lenders there is no way that they would have been allowed ever to conduct business again.

[leedskier] 24/4/2013 08:39

Well if they hadn't been banks, they would have been closed down.

[jazza] 24/4/2013 08:35

leedskier 24 Apr'13 - 08:31 - 108453 of 108455

Poor analogy.

[leedskier] 24/4/2013 08:34

CBI welcomes Funding for Lending extension

24 April 2013 | 08:01am

StockMarketWire.com - The CBI has responded to the Bank of England announcement that it will extend the Funding for Lending scheme.

Matthew Fell, CBI Director for Competitive Markets, said:

"Funding for Lending is already making a difference to the housing market and there are signs that it is starting to lower the cost of finance for business

"The additional incentives for banks should acclerate activity in the small business financing market.

"We need to be realistic. Funding for Lending is only one piece of the jigsaw. Boosting firms' confidence by raising awareness of the various funding schemes available is critical."

[leedskier] 24/4/2013 08:33

Breaking news
Wednesday April 24 2013

Bank of England extends lending scheme
The Bank of England expanded its Funding for Lending Scheme on Wednesday, extending its availability to the start of 2015, increasing the incentives available to banks to lend to small companies and including some non-bank providers of credit in the scheme for the first time.

The FLS scheme already offers lenders cheaper funding than available in financial markets in return for lending to households and companies and the new extension will shift the focus to small and medium-sized businesses

[lol short killer] 24/4/2013 08:31

BARC should be at 284, not the current 304. It is crazy!

lol

[leedskier] 24/4/2013 08:31

If someone breaks into your house and steals your possessions, you expect him to be locked-up and not given a free pass to do it again.

[jazza] 24/4/2013 08:28

I expected that non-answer ;P

Dealing with a previously "regulation-lite" transgressor doesn't equate to witch-hunts and over-regulation.

Politicians are playing the usual vote-seeking populist game of appeasing an ill-informed baying mob (aka the electorate)..making it harder to achieve a recovery in the process.

Democracy, huh?

[lol short killer] 24/4/2013 08:26

Even BARC is in blue now.

lol

[leedskier] 24/4/2013 08:04

Well jazza, when the banks were unregulated they blew all their money and more.