Thanks Barclays!

[Liability]

well done that man

what was your original stake btw ?

On the spread I started with a Buy at £25 a point then diluted it more so average £40 with a stop loss of £6000 now. That is

On the shares I put in near £44,600. Good thing is my sister also, on my advice - YIKES - put in 10k and she now got her holidays and then some paid for for the next 3 years! So overall really happy on this. But as always - it could have gone the other way.

I KNOW I KNOW! Risk but I was confident Barc wouldnt be taken up as the Board wouldnt make the statements it did during that period if they werent sure and plus they have Far East and Middle East commited to them and they wouldnt have let that sink.

But isnt it crazy as I was just looking at the history and you know more than likely they will get back to the £5 mark lol in a few years unless the middle and far east pull out of them. But greed is a funny thing. Gota know when to be happy and pull out so to speak.

[ace00]

You see where you went wrong there is you should have done what I did and buy at 150. I am up literally .....pennies.....

What about oil? I am holding CRUD but cannot understand the dynamic of the price movement. Is there anyone (and this is a long-shot) who is familiar with the price dynamic of the DJ-AIG sub-index on which it is based (and LOIL too)?

[AlfredJPruffock]

[I know when to be happy and pull out so to speak.[/I]

Gambling only pays when your winning.

Most of them tend to get headstrong - they get on a roll then they think they cant lose - -so they put their gains back intoi the Market ... the Market loves this kind of fool.

Anyway well done - but as the song has it ...

'Be Careful with that Axe Eugene ..."

[denver2k]

keep an eye on BP and BT

BT are doing so tulipe that there price is crazy low - but they also have a decent balance sheet. M&S are an odd one - sound company in terms of reputation - it is just screaming TAKEOVER in the coming year Id say.

Oil is another one I am in on for a spread but thats a long term commitement. If that pays off Ill hopefully be in profit for another 96k odd and the bigger grin will be its tax free as its a spread. Nearly wet my pants the other day as another new player on the market allows you to actually interlink spreads with each other [like a hedge if you like] and one of the ones I was playing about with - IF CAME THROUGH - would bring me in near enough £415k!! TAX FREE I didnt do it though - high return higher risk. I aint greedy.

So is it spreadbetting or CFD , which you do ?

[Solidec]

Barclays 163.3 as of 15.00

Told you!