Reply to: Thanks Barclays!

[Solidec]

Barclays 163.3 as of 15.00

Told you!

[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 ?

[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 ..."

[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)?

[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.

[Gordon Brown]

Big balls, you owe a big thanks to Gordon Brown then

[Bagpuss]

Well yes, I only punted a small amount and was off on holiday, so wanted to cash in in case they crahed again (which they did). It was 50/50 if they became another Northern Rock, there had to be a tipping point where investors and customers gave in.

[Sysman]

I wish I hadn't sold at 90p now, hindsight is a wonderfull thing.
Still other opportunities are taking off

It doesn't pay to dwell on such things. If you kept within your comfort zone and could sleep at night, look at it that way.

[sasguru]

Not bad at all

[Bagpuss]

Big balls, you owe a big thanks to Gordon Brown then

[FiveTimes]

well done that man

what was your original stake btw ?

[Liability]

I'm confused, i thought they were > £1 4 months ago

PS well done Buster Gonad

Early Feb they sunk when it nearly hit the fan

I went in higher at first and then diluted with the lower. That could have backfired but I was confident these guys would recover.

[Liability]

I don't know if it is an age thing, but most toys nowadays seem wasted on kids. Dontcha think?

lol true but I am a geek.

Last year I had the buggy that did me 70MPH and I stuck a helmet camera on it - some awesome footage I had. Ill see if I can upload it.

Another mate has a chopper on nitro and has rigged it with 2 cameras - some really good footage

[Bagpuss]

I couldnt take the risk

I bought shares [which i dont often do] and also have an open Long on them for end 2009 spread. The spread I have running at now £40 a point.

Shares was too much of a risk as I put in a fair chunk but Ive walked away with 90k profit in as little as 4 odd months.

As a thank you present to myself I bought a Schumacher Nitro car that tops 80 MPH on Nitro - obv I use my son as an excuse to buy it!

I'm confused, i thought they were > £1 4 months ago

PS well done Buster Gonad

[Liability]

CHRIST ALMIGHTY, 80K!!!!!

Well done that man.

Thanks man - havent told the MRS yet Didnt tell her about the purchase - she is away at the moment and would have only screamed - although Im sure she wont mind now! But hey it was my money!