Royal Bank Of Scotland Share Discussion Threads

[smurfy2001] 17/5/2013 15:03

Day trade sold at £65,270.69 for £1987.55 profit.

Just in case no one believes me.



:)



smurfy2001 17 May'13 - 09:19 - 109689 of 109698 0 0 edit

Well i've just bought £63,283.14 worth.

Wish me luck guys.

In for the long term on this one!

[jazza] 17/5/2013 15:02

Heads up, can-kickers..



Spain has reported its first monthly trade surplus for more than 40 years.

The surplus of 634.9m euros ($814.1m; £535.4m) in March reflects a 15% plunge in imports, compared with the same month last year.

Spanish exports to other European Union members fell by 8.1% in March, but overall exports grew by 2% to 20.2bn euros.

The Economy Ministry said this was down to the country "continuing its marked process of re-orientating its sales to other markets where the economic outlook is more favourable, such as the Middle East, Africa and United States".

[dope007] 17/5/2013 14:34

True Smurfy. But other things may overtake it. Europe is an utter mess. Spain made me laugh. Trade balance positive, but imports totally collapsed!!!

[ramco] 17/5/2013 14:34

At the open: Dow +0.26% to 15273. S&P +0.39% to 1657. Nasdaq +0.55% to 3484.
Treasurys: 30-year -0.3%. 10-yr -0.1%. 5-yr -0.04%.
Commodities: Crude +0.98% to $96.09. Gold -0.77% to $1376.25.
Currencies: Euro -0.6% vs. dollar. Yen +0.38%. Pound +0.55%.

[ramco] 17/5/2013 14:33

Funding the mentals more like....;

[smurfy2001] 17/5/2013 14:31

Well that's the thing and hence why investing/trading the market is a one way bet at the moment.

POMO will continue until %6.5 unemployment.

[dope007] 17/5/2013 14:26

Yup was just going to mention that one Ramco. Another $5 billion of free cash today. And people argue that this rally is about fundamentals!!!

[ramco] 17/5/2013 14:23

Market preview: The rally looks to be back on track after a one-day pause, with S&P futures +0.3%, but in an otherwise uneventful day the final outcome likely will be dictated by key data on consumer sentiment and leading economic indicators. The dollar is surging early. Gold is on track for a seventh-straight loss, which would be the longest such streak in four years...;

Add: Ehmmm with $5bn of POMO should b.....y well think so...;

[dope007] 17/5/2013 14:20

And before that it was £5 to £6

[cfc1] 17/5/2013 14:16

Smurf - good point! infact its only 33p equ when only 2 years ago it was 58p!!!! before that it was £1-2!!

[smurfy2001] 17/5/2013 14:12

We're only up 1p in old money!!

So much higher to go!

[ramco] 17/5/2013 14:12

On the hour: S&P +0.36%. 10-yr -0.02%. Euro -0.47% vs. dollar. Crude +0.85% to $95.97. Gold -0.91% to $1374.25.

[cfc1] 17/5/2013 14:00

Highland Division (51st I recall!) well I don't care...Im just pleased to see RBS flying..and it IS on people realising a selloff/privatisation and divi is sooner than we thought.
THEN the last 2 sessions the markets fell and RBS rises - good indicators all round...breakout territory but we'll see more Dope's selling ..markets are for the brave or the clever. BUT for me RBS was always a recovery play!!

[dope007] 17/5/2013 13:57

No idea smurfy. I tend to think it is shorts getting squeezed out every time they try.

Highland in 2006/7 some sold out 30% plus before the top. They could have bought back in 80% plus below their sale price later on ;)

[ramco] 17/5/2013 13:56

Russia's economy expanded by 1.6% in Q1 (consensus was for 1.2% growth), marking the fifth straight quarter of decelerating growth. As in Japan, business investment is weakening even as private consumption remains steady. The problem: demand for commodity exports from the world's largest energy exporter is flagging amid a seemingly intractable recession in the eurozone - the currency bloc accounts for ~50% of Russian trade. Russian stocks (RSX), which are the cheapest among 21 EMs according to Bloomberg, are trading 1.8% higher but are still off ~5% YTD

[smurfy2001] 17/5/2013 13:55

Dope, it's just wants to keep going up, like Lloyds.

I wonder if the imminent sell off Lloyds is prompting RBS to rally onwards.;-)

Hence my £63K trade today

[highland terrier] 17/5/2013 13:53

cfc,

Dope only spreads the doom and gloom on the bank BB's especially rbs and lloyds.
He talks about the fact that the share prices will crash when all the bad news comes out.

Dope only has shares in vod and ecm and has cash sitting on the sidelines,one can only assume that when this crash comes it's only going to hit selective stocks as when you read Dope's posts on the vod and ecm BB's there is no doom and gloom mentioned.

As you have pointed out he's a bit peeved at having missed out on the rbs price rise.

[dope007] 17/5/2013 13:53

Shorts still getting screwed for now

[chinese investor] 17/5/2013 13:43

Great times have returned !

[ramco] 17/5/2013 13:43

First the move then the news? The euro takes a quick tumble, dropping about 50 pips to $1.2821. There's not much in the news other than the recycling of an old story Germany's Constitutional Court might reject the ECB's OMT plan, and chatter the central bank has been calling around to float the idea of negative deposit rates. FXE -0.5% premarket.