After an appaling run relative to the banking sector, it now has positive sector strength as well positive strength against the FTSE100 (UKX2). I would hold above the corrected trend, and so long as both relative strengths (sector and market) are positive.
BTW Bonsai - just noticed your address. Give my regards to Sid and Bill, and best of luck at the blood donors!
BTW Bonsai - just noticed your address. Give my regards to Sid and Bill, and best of luck at the blood donors!
Attachments
thx for you views
here are some more from another place
Bonsai:
Shares in Abbey National, which have soared in recent days, could be pressured in early deals by news of a downgrade from ABN Amro
Typical analyst bullshit.
bonzai
looks like a buy(big volume with move), but stiff resistance at 530, previous support and resistance levels, and mov 200 at 528.
bonsai
I think it's a sell. Looks like it was on the way down from 500 but moved back up with the FTSE...so if you think if you think the FTSE will go higher wait a bit before selling
this is what makes the world go round don't you think ?
and the markets up and down
Now I am more undecided than before !
lol
serves me right !
here are some more from another place
Bonsai:
Shares in Abbey National, which have soared in recent days, could be pressured in early deals by news of a downgrade from ABN Amro
Typical analyst bullshit.
bonzai
looks like a buy(big volume with move), but stiff resistance at 530, previous support and resistance levels, and mov 200 at 528.
bonsai
I think it's a sell. Looks like it was on the way down from 500 but moved back up with the FTSE...so if you think if you think the FTSE will go higher wait a bit before selling
this is what makes the world go round don't you think ?
and the markets up and down
Now I am more undecided than before !
lol
serves me right !
Roger
nothing as sophisticated as that I'm afraid.
just a cheap TV card that gives me teletext as well.
thats why its a 15 min update.
Dow futures ?
you dont have winners and losers on futures ?
On the Dow cash I follow trin
<img border=0 src="http://chart.neural.com/servlet/GIFChart?sym1=$trin&cbcku=FFFFFF&cbckl=EBF5FF&cbckd=cccc99&ctxtu=000000&ctxtd=000000&ctxtl=000000&csym1=000099&csym3=000000&cbckg=FFFFFF&cind7a=FF0033&cind7=009900&cind8=blu&cind9=6666CC&avg1=0&avg2=50&ind7=macd&periodMACDLow=26&periodMACDHigh=12&height=350&width=450&source=SP&multipane=1&watermark=splogoblue.gif&dres=min&plottype=range&ignore=1220025226&coname=1&image=PNG">
nothing as sophisticated as that I'm afraid.
just a cheap TV card that gives me teletext as well.
thats why its a 15 min update.
Dow futures ?
you dont have winners and losers on futures ?
On the Dow cash I follow trin
<img border=0 src="http://chart.neural.com/servlet/GIFChart?sym1=$trin&cbcku=FFFFFF&cbckl=EBF5FF&cbckd=cccc99&ctxtu=000000&ctxtd=000000&ctxtl=000000&csym1=000099&csym3=000000&cbckg=FFFFFF&cind7a=FF0033&cind7=009900&cind8=blu&cind9=6666CC&avg1=0&avg2=50&ind7=macd&periodMACDLow=26&periodMACDHigh=12&height=350&width=450&source=SP&multipane=1&watermark=splogoblue.gif&dres=min&plottype=range&ignore=1220025226&coname=1&image=PNG">
jonnyy40
Experienced member
- Messages
- 1,329
- Likes
- 11
Bonsai
I have to agree with Roger. It suffered horribly before the war and as financial stocks seem to bounce back from these situations most immediately, it has the most to gain? I don't want to say I did or didn't do anything because of the war - In case anyone reading this was personally affected by it. But all world events since Sept. 11 2001,then the Axis of Evil speech put the slant on things as far as I was concerned. Things still seem to be Bullish at the moment - There was an interesting article about the small-cap rally on CBS Marketwatch recently.But as the war recedes,we're back into uncharted territory again! So as long as you use stop losses and don't go in too heavy - worth a punt?
I have to agree with Roger. It suffered horribly before the war and as financial stocks seem to bounce back from these situations most immediately, it has the most to gain? I don't want to say I did or didn't do anything because of the war - In case anyone reading this was personally affected by it. But all world events since Sept. 11 2001,then the Axis of Evil speech put the slant on things as far as I was concerned. Things still seem to be Bullish at the moment - There was an interesting article about the small-cap rally on CBS Marketwatch recently.But as the war recedes,we're back into uncharted territory again! So as long as you use stop losses and don't go in too heavy - worth a punt?