Check out the A3 as taken by my mother who could walk along it - it was that deserted... quite incredible really but sadly causing a slower day on the markets. I'm currently awaiting the US open but do have a couple of open positions.
Long - EURGBP entry 0.8970 target 0.9000 £2 / point [TARGET HIT: £58 profit]
Long - USCRUDE 44.85, target 46.10 £4 / point [in profit just, trade still open]
My Watchlist
BA (watching)
I have been waiting to buy into BA.. they have had some pretty horrendous results and sadly are actually losing money currently from over-zealous hedging (i mean who really was expcecting $40 / barrel fuel costs a year ago? I feel I have missed the short on this one for now, although if it does go below a quid then it's a definite gren light to buy for me - my current limit order is set for just above the 52 week low a 107p where there is pretty solid support - my stop will be at 100p just in case this stock tanks (not all that unlikely at the moment with the bad weather, poor hdging on BAs part and well of course that small gobal downturn thingimabob!)
LloydsTSB (active - 89p long)
I currently have a shocking trade (share purchase) that i bought into a couple of weeks back - LloydsTSB 89p - it has thankfully since recovered from the mammoth drop the day later and I am looking to take profit at 110p (yes i was confident that the merger settling would cause a belated rally and i broke my rule and did not use a stop on this one!) This is my best and most recent example of a stupid, boredom ridden falling knife trade!!! It's too dangerous to buy into the banks with any real cash as currently we simply don't know what is lying around the corner. I hear those Barclays gamblers mocking me at the moment but I personally think that it is time for me to steer clear and focus on more solid companies.
ICAP (active - 289p long)
LloydsTSB (active - 89p long)
I currently have a shocking trade (share purchase) that i bought into a couple of weeks back - LloydsTSB 89p - it has thankfully since recovered from the mammoth drop the day later and I am looking to take profit at 110p (yes i was confident that the merger settling would cause a belated rally and i broke my rule and did not use a stop on this one!) This is my best and most recent example of a stupid, boredom ridden falling knife trade!!! It's too dangerous to buy into the banks with any real cash as currently we simply don't know what is lying around the corner. I hear those Barclays gamblers mocking me at the moment but I personally think that it is time for me to steer clear and focus on more solid companies.
ICAP (active - 289p long)
I am too afraid to cut losses on this having bought in at 289p thinking that was a bargain. I am a big fan of the brokers at the moment who have seen up to 3-4 fold increases in customer bases during the last 12 months as a result of unprecedented volatility in the market place and a lot of newbie traders joining the scene, causing a large spike in trading volume.....
ICAP are solid I'm determined I will cut losses if this one falls below 210p - i'm willing to risk 25pc on this as i do think this is a good longer term stock with a potential 300% + upside (Do i sound like am not cutting my losses here? definetely i think this is the answer...)
ATD (watching - currently at all time high)
This is a penny share that generally after following Timothy Sykes' trading for quite some time I am happy to only ever SHORT. However, this stock is something very special pointed out to me a few month's back and has been steadily climbing since (today at an all time high). I'm a shorter by nature on penny shares as I think they are very risky and more often than not taking the oposite view to every broker in thisrespect is the best thing to do. There are far too many pump and dumps out there currently.
Read up on it and take a look for yourself. I never feel comfortable buying at all time high's but this company seems solid and they have captured a niche market, providing human tissue for R&D to various companies, with biotech, genetics etc going this is a company that I can see growing and growing. But I don't think these are times to take the risk with such a small business so this remains a watch for me at the moment at least.
No comments:
Post a Comment