Twentyfour Income Share Discussion Threads

[jackrussel] 17/11/2001 00:27

Croc,
Thanks.
Now it is a question of trading what we see, not what we think;
it's a bit difficult when you can't believe what you see :-)
jr

[datasharp] 17/11/2001 00:26

Very short SKP

[ruth] 17/11/2001 00:23

Brain smiley,yes,im still in ,bit silly really,but it was a longer term trade,should get out like i do on my day trades really,but ive kicked myself so many times at closing only for it to rise a few days later,it seems to rise on down days and down on up days,might be holding this one for a while,lol

[starseeker] 17/11/2001 00:22

closed Vod, EGS, MONI, CTM, PLM longs best week ever.

[crocodile] 17/11/2001 00:20

Jack
In all fairness I have not called ICI to well in the last few weeks. I stll fundamentally believe they are overpriced but the buying continues. It certainly looks like they ae going to resume the 410/440p price range they were in during the summer.
I believe a fair price with there level of debt should be no higher than 300p and somebody is going to get very badly burned.
D.

[ruth] 17/11/2001 00:19

log looking weaker now

[matthewa] 17/11/2001 00:19

PArrett & Byrdsong - I think we all had a decent ride on KSB and a profit is a profit. I will wait till this market cools down before reshorting KSB.

[byrdsong] 17/11/2001 00:17

I too was suspicious of those big trades yesterday and have been watching ksb closely this morning. It is at support as best as one can see. I've covered too.

Interestingly Ig didn't say to me that they r offering only a closing price as they do on stocks that have dropped below 100m. I didn't say anything, but wonder that cos its a techmark 100 stock they may keep a book in it for that reason.

I'll try to reshort again too when appropriate.

[jackrussel] 17/11/2001 00:16

David,

As the resident ICI expert, comments appreciated re ICI.
It appears to be trying hard to break 400, logically should be a short, but not against the major trend.

IMHO, irrational exuberance continuing, if it breaks 400, next target 500 ????



TFC has just jumped, have been modestly long for a while :-)

jr

[brain smiley] 17/11/2001 00:15

ruth

you still in BATS ?

[parrett] 17/11/2001 00:12

matthewa - your ksb trade has just beenposted and boy haven't we just moved the markets with all our short covering on ksb, not one penny move from a single mm !!!!

should go short gnk but its friday afternoon...

doddy - waiting to see if gal closes below support just a few pence lower then will go short on monday. moved down to 700/707 yesterday before rallying and closing back in the range


parrett

[ruth] 17/11/2001 00:11

bats is friendless,{again}

[matthewa] 17/11/2001 00:09

Ruth - prefer NEX & GOG

Nigel _ US aquisiton always brings cos prices down

GNK coming right off now knew I shpould have reversed!

[nigel] 17/11/2001 00:06

wpp struggling to move off 749 any one with any thoughts ?

[warhorse] 16/11/2001 17:24

What about 50 refreshes each before you all slope off to the pub?

[matthewa] 16/11/2001 17:22

Parrett CLoseed short for a few went long nearly went to 5.35 in uncrossing but didnt.

If you want to look @ spikes in auction check out EID closed some 12pts lower on close. Perfect for a long.

Have a good weekend all.

[crocodile] 16/11/2001 17:18

Well done Parett and congratulations on being poster of the week!
David

[sdawson] 16/11/2001 17:14

thanks parrett for your hard work this week and congrats on getting Poster of the Week

[parrett] 16/11/2001 16:43

goodnight all

have a good weekend

back to crocodile next week and thank you all for your kind words

Parrett

[warhorse] 16/11/2001 16:42

Hello everyone!

Maybe if we spent a few minutes clicking now that the markets have closed, we could break 25,000.



TIA
W

[parrett] 16/11/2001 16:39

matthewa

540 is the uncrossing number

did you go lng as well , i didn't just closed my short

parrett

[random] 16/11/2001 16:31

amazing closing auction on moni .... huge swings.

[glennarnold1] 16/11/2001 16:27

Just turned keboard upside down to clear crumbs etc out of it, and i noticed on the back of the keyboard a health warning, keyboard thinks its next for me to eat.