Traders go short on Lloyds

[lexington_spurs]

Kapish?

capisce?

[DimPrawn]

It really is a waste of time.

Try drawing a graph of world demand for oil against oil price and see if you think it correlates.

[AtW]

You don't think that might have an impact on price?

Did it ever occur to you that even for nonelastic commodities price will eventually reduce demand?

It's like saying "demand" for Porsche's is growing because they are so desirable, sure, but at current price levels only small number of people can drive them.

[sasguru]

You seem to be incapable of understanding the effects of consumption on oil price.

Here's some help:

http://www.reuters.com/article/lates.../idUSN06418021



Here's some more ..

http://www.nationmaster.com/graph/en...il-consumption

See where China is on that table, see where India is. Their projected demand is increasing as of about now, and definitely next year. You don't think that might have an impact on price?

Jeez. It's a long thread to convince two retards that demand and political instability in the Middle East have a bearing on oil price, isn't it?
Why do we do it?
I look at it as my charity work - "Educate an Imbecile" day.

[snaw]

Did it ever occur to you that even for nonelastic commodities price will eventually reduce demand?

It's like saying "demand" for Porsche's is growing because they are so desirable, sure, but at current price levels only small number of people can drive them.

Very patronising indeed.

This from the economic guru who thinks people shouldn't be allowed to buy shares for less than 2 years, or they'll get the beejesus taxed out of them.

[AtW]

This from the economic guru who thinks people shouldn't be allowed to buy shares for less than 2 years, or they'll get the beejesus taxed out of them.

Capital Gains Tax relief had exactly this goal - tax more people who invest short and reward those who go for long term, it was right and proper - put in place by Gordon BRown, but sadly scrapped by idiot Darling 2 years ago thus screwing everyone who committed to their businesses (myself included).

My proposal effectively is that CGT Relief only with higher tax for short term gains, I'd say 90% for anything less than a year, 50% for 2 years, 25% for 3 years and 10% for 4+ years.

If you want to "invest" money for less than 2 years then you are not an investor - put money into bank account instead to allow qualified people who can take long term view to manage your money... oh wait there ain't any around here

[sasguru]

Capital Gains Tax relief had exactly this goal - tax more people who invest short and reward those who go for long term, it was right and proper - put in place by Gordon BRown, but sadly scrapped by idiot Darling 2 years ago thus screwing everyone who committed to their businesses (myself included).

My proposal effectively is that CGT Relief only with higher tax for short term gains, I'd say 90% for anything less than a year, 50% for 2 years, 25% for 3 years and 10% for 4+ years.

If you want to "invest" money for less than 2 years then you are not an investor - put money into bank account instead to allow qualified people who can take long term view to manage your money... oh wait there ain't any around here

Instead of being "chancellor", why not try to make your company a success?
We might take you more seriously then.

[DimPrawn]

Instead of being "chancellor", why not try to make your company a success?
We might take you more seriously then.

I'd vote for AtW over Darling or Brown any day of the week.

[DiscoStu]

I'd vote for AtW over Darling or Brown any day of the week.

Nurse! They've worn off again.

[AtW]

I'd vote for AtW over Darling or Brown any day of the week.

Good thing we don't have to vote what sandwich we get for lunch