Taylor Wimpey Share Discussion Threads

[grax] 05/5/2010 13:03

Good work balti.

[baltic] 05/5/2010 13:01

i,m (k)needing the dough!

[grax] 05/5/2010 12:47

Let's hope this is like a really good loaf being made.

It has been put to one side to 'prove' and starts to rise a bit but then keeps getting 'knocked back' by those nasty bakers/sellers/hedgies.

In theory the more it gets knocked back the higher the loaf will rise.

If you want any culinary analogies I'm yer man!

[jibba_jabba] 05/5/2010 10:06

On the economic front the UK April construction sector accelerated at its fastest pace since September 2007, helped by rising new orders.

[spennysimmo] 05/5/2010 09:57

If it does then 44-45 is next on the cards.

[jibba_jabba] 05/5/2010 09:45

Will it hold.............

[jibba_jabba] 05/5/2010 09:43

Construction pmi well up...

[grax] 05/5/2010 08:48

There are plenty that have been saying that for the best part of 8-9 months at every opportunity.If you predict something long and loudly, you will get some people believing you after a while.

[bobsidian] 05/5/2010 08:44

Yesterday on CNBC a contributor made the comment that the nature of the current newsflow is just what you would expect to trigger a correction.

However, the speed of the correction seems somewhat alarming. But then again the faster the fall, the faster the rebound.

There are doom mongers suggesting we have seen the end of the bear market rally and the beginning of the next major move down is currently underway.

Do I believe we are at just such a turning point ? Not yet. But the mining companies are certainly receiving a bit of a doing. Vastly overdone in my opinion. After all the Australian resource tax would see a net uplift of 11% in overall tax suffered from current levels and even then only with effect from July 2011 whilst changing to quarterly rather than annual contract pricing offers them flexibility in passing on cost. This correction is testing the boundaries of the discount mechanism.

[grax] 05/5/2010 08:42

bobs
Just as the 'end of the world' scenario seems overdone to me, the about face and 'everything is sunny' will be overdone,just as it has been in main markets.

Fundamentals ruling the markets is long gone.Sentiment and confidence rule everything nowadays so, one day, without reason, the skies will be blue again in the eyes of the markets. Short memories.

[jibba_jabba] 05/5/2010 08:38

Construction pmi 0930.

[bobsidian] 05/5/2010 08:38

From Goldman Sachs to Greece, from volcanic eruption to oil spill, from general election to Australian resource tax - something had to give. Equity markets were levitating in the face of the array of uncertainties.

Equity markets look as though they are now collapsing under the sheer weight of complacency and expectation.

The 200 day SMAs had better hold as the broader equity markets seem to be racing down to test that key level. If not...

[grax] 05/5/2010 08:34

I'd like to think so but I think they've got the FTSE on the run for a bit.The FTSE has always been paricularly easy to spook and it is back to its' routine of running around with its' hands in the air sqealing like a girl.

No news due on sector and everything so far has been fairly positive [within reason] so we've just got to wait once again until the hedgies change the direction once again.

[jibba_jabba] 05/5/2010 08:29

SALE ends today, shorts and hedgies have done their job...

[grax] 05/5/2010 08:16

I really didn't think we'd see the underside of 40p after such a sruggle to rise above it but you've got to hand it to these fund managers.They've played this as if there were no regulatory body.

They let it go up by withdrawing their sell bots that dominate the SETS system and then pull it all the way back down again.

Like shooting fish in a barrel for them.

Where do they pull it down to before letting it rise again? 36p?



I don't buy this global armeggdon business over Greece etc I think it is just another in a long line of opportunities for the shorters etc to trade on fear and panic.They've been trying to create a double dip scenario for ages and now they've got a bit of a foothold and I'm sure some see this as a licence to print money.

[grax] 05/5/2010 06:01

RAMSEY!!!!!!

Jibba, do your stuff will ya?
Cheers

[jimmyjagger] 04/5/2010 22:50

This is looking wonderfully bearish

[sarahbudd] 04/5/2010 22:49

Thanks - used the findaproperty.com b4 - not connecting to the other one though:-(
sorry TB I've left my southern roots behind..........northern lass now

[sir brainy] 04/5/2010 22:19

That I would agree to. But pls tell me 7pm tomorrow night lol

[the_analyst] 04/5/2010 22:18

SB,

I'd gladly point you to a couple of sites, as long as you support Spurs!