Gold

[DimPrawn]

Clairvoyants? So much for buying on a dip.

More likely a mole in the US government stats dept working for the big b(w)ankers.

 

[Jog On]

Big move this morning happened while I was on the tube between waterloo and canary wharf - hate it when that happens

 

[MarillionFan]

Big move this morning happened while I was on the tube between waterloo and canary wharf - hate it when that happens

Thats because the markets are falling and everyone is moving moolah into Gold.

I actually got out yesterday and am now sitting in cash with a very healthy profit. Now trading off my wifes trading account as exceeded my capital gains for the financial year.

 

[Jog On]

Thats because the markets are falling and everyone is moving moolah into Gold.

I actually got out yesterday and am now sitting in cash with a very healthy profit. Now trading off my wifes trading account as exceeded my capital gains for the financial year.

So it's gold, silver, CHF and JPY for you then?

 

[MarillionFan]

So it's gold, silver, CHF and JPY for you then?

Actually I am more than happy day trading ranges on about 15 shares at the moment. Apart from a timing issue a few weeks ago when I dropped 12k in a couple of days(now recovered) because I called the ftse bottom wrong it's been pretty clear sailing. Let volatility be your friend.

 

[Jog On]

Actually I am more than happy day trading ranges on about 15 shares at the moment. Apart from a timing issue a few weeks ago when I dropped 12k in a couple of days(now recovered) because I called the ftse bottom wrong it's been pretty clear sailing. Let volatility be your friend.

I no - you'll have Cagney and Lacey after you for that one!

Nice NFP, love seeing a $10 move in a few seconds

 

[eek]

I no - you'll have Cagney and Lacey after you for that one!

Nice NFP, love seeing a $10 move in a few seconds

You'll see more than that today with today's announcement for NFP of 0.

 

[Jog On]

You'll see more than that today with today's announcement for NFP of 0.

That is definitely a first for me.

Silver has had a good day so far - I got out at $42.. Doh!

 

[MarillionFan]

You'll see more than that today with today's announcement for NFP of 0.

Something spooked the market at 1.30pm as my monitors gone a bit mental and shares have started dropping below their last few hours holding points. Barclays, BP, Diageo, Standard Life, lloyds just dropped below their day lows.

 

[eek]

Something spooked the market at 1.30pm as my monitors gone a bit mental and shares have started dropping below their last few hours holding points. Barclays, BP, Diageo, Standard Life, lloyds just dropped below their day lows.

That was Non Farm Payroll from the States. The figure of 0 is really a net loss of 110,000 jobs as I think that is what is required for the US economy to stand still.

Its a very bad figure, far worse then expected and emphasises the fact that the USA is still in recession.