Wisdomtree Gold Discussion Threads

[fat.bloke] 29/10/2001 17:08

Anyone see this ... if this becomes the "trendy" thing to do it could cause some fun and games.

Boots has become the first major British company to shift its entire pension fund out of shares and into bonds.
The health and beauty products company, which has a fund worth £2.3bn, changed direction to ensure it would meet its liabilities to cover employee pensions.

Recent stock market uncertainty and greater life expectancy have been factors in the decision, according to reports.

The move by one of the largest pension funds in the UK, which has 72,000 members, is expected to be confirmed when the company announces its interim results in early November.

However, it could be seen as a massive vote of no-confidence in the stock market - and there is concern that if other major pension funds followed suit the equity markets could fall further.

Major significance

Until April 2000, Boots' pension fund consisted of up of 75% equities, 20% short-dated bonds and 5% cash.

But lower inflation and interest rates, combined with increased life expectancy and a 25% fall in the UK stockmarket had forced it to move into fixed-interest investments.

[currypasty] 29/10/2001 17:02

Long Dow 9346... snap FB... not a clue if its the right call, but i havent been able to log onto fins all afternoon, so had to have a bet now its finally working for me

[fat.bloke] 29/10/2001 17:00

Long daily @ 9346

[riley9] 29/10/2001 16:49

9350 and dropping.
next stop 9300, or bounce to 9400 ?
thoughts ?

[canny investor] 29/10/2001 16:44

BP53

"fanks..me finks long on de Tsco" pulled back today by the yanks
long 2.40.

[bp53] 29/10/2001 16:40

canny investor
i wish i knew
trading in a very close range 240-247p
not enogh for a quick ££
even cadbury goes upto 440p,


edit-
dow is -180, hope it comes back up again
not waiting near the screen
see what happens tonight

[nigelsom] 29/10/2001 16:30

odd: anyone else using Geezers US Charts? My indu 1 min is running 5 mins or so behind....and indu 5 min is 2 mins behind. All very odd, but I'm off out now so closed out. Happy hunting all.

[luthor] 29/10/2001 16:23

Closed ARM @ 342. There's still potential to short to 320 -

Regards Lex

[riley9] 29/10/2001 16:20

last 2 posn.s closed for total +30, nothing open.
FINS has been b* slow all day.

[canny investor] 29/10/2001 16:16

BP53

How you see TSCO now.

[currypasty] 29/10/2001 16:14

whats up with FINS, or is it me ?

[nigelsom] 29/10/2001 16:11

closed dow long for +7. Now short at 9299

edit........and out again for +20. Long at 9365

[bp53] 29/10/2001 16:01

closed tesco just £75 profit
long cadbury at 425.5p,, out at around 440p

[gardener] 29/10/2001 15:57

Long cbry at 426 on a t10 £20pp.

[nigelsom] 29/10/2001 15:52

there goes 9400...+ve tick, trin

[spats] 29/10/2001 15:45

doesn't look like it wants to cross 9400 upwards. shorted and made some quick pts but still down 20pts today cos fins trade window way too slow to get prices.... This is not good at all.

[nigelsom] 29/10/2001 15:25

cheers bp. long dow daily 9392

[the brewer] 29/10/2001 15:25

afternoon all,just fell out of bed.I hate nightshift.

Acambis....spot of profit taking i think?

Everything is red on my monitor apart from the one stock i am short of which is ari.This is normal for me though,oh well we live in hope :-) .

muchos-i take it your flight is one way?I cant see it going much further in that.

Taxi good call on arm ££££££££££££££££

[bp53] 29/10/2001 15:18

long dec dow at 9280
edit-
at 9380

[nigelsom] 29/10/2001 15:03

Ouch! i think I should have stayed asleep. Reversed dow long - looking for a fairly big slide to recoup losses. Still, at 5p a time, I don't think it'll be debtors prison just yet.

edit: and closed for +30. Same again would make up for earlier.

Anyone going long?

[muchos wonga] 29/10/2001 14:58

Muchos .......... is on holiday.

[dugsy] 29/10/2001 14:56

hi guys,
i just wondered do any of you follow the nikkei and hang seng the way you do the ftse, dow and nas. if so any thoughts on their likely movements in the next few days?

[taximania] 29/10/2001 14:43

money mag , cbry would be in real shares , made me over 1200 in the last few weeks but no need to rush in , i just like to trade it if the price gets pulled down by tech strength , under those circumstances it gives profits but as everything is heading south i shall wait, cash is great to have as everything falls, for now i want to see some tech weakness (i wish).

[leelons] 29/10/2001 14:40

Bensta have spent 3 hours playing with it,there is so many settings on each
area.I am a beginner to this, but will defo. be advantage to the more experienced i,m sure.Live FTSE Charts with all studies, the most comprehensive I have seen, at a cost.They had about 3 min. outage earlier on, but hopefully this won't be common.Can order for just 1 month they say