Gold

[MarillionFan]

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.

135 down and rising.

Yep they didn't like that.

Of the remaining 5 shares I kept, 4 have gone up, one down. Somehow I'm up for the day.

[Jog On]

135 down and rising.

Yep they didn't like that.

Of the remaining 5 shares I kept, 4 have gone up, one down. Somehow I'm up for the day.

I'd get ready to bail as that number will surely not have a good effect on equities (unless you're short)

[Jog On]

Went long gold and silver, stops at breakeven - it doesn't get much easier than this

[Jog On]

No sign of Laverne and Shirley I see..

I wonder if that wager about day traders not making any money still stands?

[MarillionFan]

I'd get ready to bail as that number will surely not have a good effect on equities (unless you're short)

For a guaranteed long on a FTSE stock is ISAT. It dropped on some poor news, not bad, from 7 - 5.50 and then 5.50 to 3.75. Then they passed a resolution to buy back $250m of their own shares.

So far they've spent $58m and the share price has gone up from 375 to 480 over the last few weeks regardless of the rest of the market.. It was 498 at 8.05 this morning as they took another tranche, before dropping back, but still up. It will go to 550 in the next 6 weeks IMO as they continue to purchase stock back.

Easy money.

In addition, any sign of Standard Life below 190 is a buy, anything over 200 is a sell. Quick easy 4-6% returns over a few days.

[AtW]

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.

You get the profits and she gets the losses, right?

[Jog On]

For a guaranteed long on a FTSE stock is ISAT. It dropped on some poor news, not bad, from 7 - 5.50 and then 5.50 to 3.75. Then they passed a resolution to buy back $250m of their own shares.

So far they've spent $58m and the share price has gone up from 375 to 480 over the last few weeks regardless of the rest of the market.. It was 498 at 8.05 this morning as they took another tranche, before dropping back, but still up. It will go to 550 in the next 6 weeks IMO as they continue to purchase stock back.

Easy money.

In addition, any sign of Standard Life below 190 is a buy, anything over 200 is a sell. Quick easy 4-6% returns over a few days.

Careful! Don't let 'management' hear you they'll come and smack you down. I'd edit out anything like that if you want to avoid getitng 'pwned'..

[MarillionFan]

Careful! Don't let 'management' hear you they'll come and smack you down. I'd edit out anything like that if you want to avoid getitng 'pwned'..

FTSE 3% down and I'm still up on the day. The 40k I sold out yesterday down would have been down 6.0%. Its a good feeling knowing you pulled out at the right time this time(still got two kids though )

[DimPrawn]

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.

If you are trading (rather than investing long term, looking for dividend yield etc) why not use spreadbetting rather than actually buying and selling shares? SB is tax efficient.

[MarillionFan]

If you are trading (rather than investing long term, looking for dividend yield etc) why not use spreadbetting rather than actually buying and selling shares? SB is tax efficient.

Barclays suggested it to me the other day. Just haven't had time to look at it. Anyway, why is it more tax efficient? Taxable income shirley? (unless it's counted as gambling????)