Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

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i have an order in sell at 3950 for the ftse if it hits. if it fails another sell at 3990.

sold at 779 on the s&p but hesitant.. again will sell @ 800 if 779 / 787 doesnt hold.

FF is loving the FTSE at the moment!!
 
francisfinley said:
i have an order in sell at 3950 for the ftse if it hits. if it fails another sell at 3990.

sold at 779 on the s&p but hesitant.. again will sell @ 800 if 779 / 787 doesnt hold.

FF is loving the FTSE at the moment!!
Click to expand...

Hello Francis, I hope you are well

not seen your posts for a while, welcome back my friend

I will also be joining you in selling S&P @ 790 - 800 ...stop loss 820
 
Mornin fellas,
Let me sink in some hot tea and ponder over some charts.. see how today unfolds.
 
WS I would like to turn your attention to this:

https://secure.wikileaks.org/wiki/T...clays_tax_avoidance_leaked_memos,_16_Mar_2009

Barclays Bank gags Guardian over leaked memos detailing offshore tax scam, 16 Mar 2009
From Wikileaks
(Redirected from The Guardian: Censored Barclays tax avoidance leaked memos, 16 Mar 2009)
Jump to: navigation, search

Unless otherwise specified the document described here:

* Was first publicly revealed by Wikileaks working with our source.
* At that time was classified, confidential, censored or otherwise withheld from the public.
* Is of political, diplomatic, ethical or historical significance.
* Any questions about this document's veracity are noted.
* The summary is approved by the editorial board.

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To sponsor reportage of this document by mainstream journalists submit a targeted donation.

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For an explanation of the page you are looking at please look here.
March 17, 2009

Download from
fast site, current site, Sweden, US, Latvia, Slovakia, UK, Finland, Netherlands, Poland, Tonga, Europe, SSL, Tor


Summary

On Monday 16th March 2009, The Guardian newspaper in the United Kingdom published a series of leaked memos from the banking giant Barclays, together with the article:

Revenue investigates Barclays tax mole claims | Business | guardian.co.uk

The next day, these documents were removed from The Guardian web archive, as a result of a court injunction obtained in the middle of the night:

Barclays gags Guardian over tax | Business | guardian.co.uk

Barclays' lawyers, Freshfields, worked into the early hours to force the Guardian to remove the documents from the website. They argued that the documents were the property of Barclays and could only have been leaked by someone who acquired them wrongfully and in breach of confidentiality agreements.

The Guardian's solicitor, Geraldine Proudler, was woken by the judge at 2am and asked to argue the Guardian's case by telephone. Around 2.31am, Mr Justice Ouseley issued an order for the documents to be removed from the Guardian's website.

The documents are copies of alleged internal memos from within Barclays Bank. They were sent by an anonymous whistleblower to Vince Cable, Liberal-Democrat shadow chancellor. The documents reveal a number of elaborate international tax avoidance schemes by the SCM (Structured Capital Markets) division of Barclays.

According to these documents, Barclays has been systematically assisting clients to avoid huge amounts of tax they should be liable for across multiple jurisdictions.

A commentator to the Financial Times stated:

I was lucky enough to read through the first of the Barclays documents...

I will say it was absolutely breathtaking, extraordinary. The depth of deceit, connivance and deliberate, artificial avoidance stunned me. The intricacy and artificiality of the scheme deeply was absolutely evident, as was the fact that the knew exactly what they were doing and why: to get money from one point in London to another without paying tax, via about 10 offshore companies. Simple, deliberate outcome, clearly stated, with the exact names of who was doing this, and no other purpose.

Until now I have been a supporter of the finance industry - I work with people there regularly and respect many of them, and greatly enjoy the Financial Times and other financial papers. However this has shone a light on something for me, and made me certain that these people belong in jail, and companies like Barclays deserve to be bankrupt. They have robbed everyone of us, every single person who pays tax or who will ever pay tax in this country (and other countries!), through both the bailouts and schemes such as this.


wallstreet1928 said:
I have decided to take my profits in barclays @ 97..........

leave a dollar for the next guy
Click to expand...
 
artful_dodger said:
WS I would like to turn your attention to this:

https://secure.wikileaks.org/wiki/T...clays_tax_avoidance_leaked_memos,_16_Mar_2009

Barclays Bank gags Guardian over leaked memos detailing offshore tax scam, 16 Mar 2009
From Wikileaks
(Redirected from The Guardian: Censored Barclays tax avoidance leaked memos, 16 Mar 2009)
Jump to: navigation, search

Unless otherwise specified the document described here:

* Was first publicly revealed by Wikileaks working with our source.
* At that time was classified, confidential, censored or otherwise withheld from the public.
* Is of political, diplomatic, ethical or historical significance.
* Any questions about this document's veracity are noted.
* The summary is approved by the editorial board.

Follow updates:

*
Email address:
* RSS feed
* Twitter

Secure talk join our chat.

To sponsor reportage of this document by mainstream journalists submit a targeted donation.

For press inquiries, see our media kit.

If you have similar or updated material ACT NOW.

For an explanation of the page you are looking at please look here.
March 17, 2009

Download from
fast site, current site, Sweden, US, Latvia, Slovakia, UK, Finland, Netherlands, Poland, Tonga, Europe, SSL, Tor


Summary

On Monday 16th March 2009, The Guardian newspaper in the United Kingdom published a series of leaked memos from the banking giant Barclays, together with the article:

Revenue investigates Barclays tax mole claims | Business | guardian.co.uk

The next day, these documents were removed from The Guardian web archive, as a result of a court injunction obtained in the middle of the night:

Barclays gags Guardian over tax | Business | guardian.co.uk

Barclays' lawyers, Freshfields, worked into the early hours to force the Guardian to remove the documents from the website. They argued that the documents were the property of Barclays and could only have been leaked by someone who acquired them wrongfully and in breach of confidentiality agreements.

The Guardian's solicitor, Geraldine Proudler, was woken by the judge at 2am and asked to argue the Guardian's case by telephone. Around 2.31am, Mr Justice Ouseley issued an order for the documents to be removed from the Guardian's website.

The documents are copies of alleged internal memos from within Barclays Bank. They were sent by an anonymous whistleblower to Vince Cable, Liberal-Democrat shadow chancellor. The documents reveal a number of elaborate international tax avoidance schemes by the SCM (Structured Capital Markets) division of Barclays.

According to these documents, Barclays has been systematically assisting clients to avoid huge amounts of tax they should be liable for across multiple jurisdictions.

A commentator to the Financial Times stated:

I was lucky enough to read through the first of the Barclays documents...

I will say it was absolutely breathtaking, extraordinary. The depth of deceit, connivance and deliberate, artificial avoidance stunned me. The intricacy and artificiality of the scheme deeply was absolutely evident, as was the fact that the knew exactly what they were doing and why: to get money from one point in London to another without paying tax, via about 10 offshore companies. Simple, deliberate outcome, clearly stated, with the exact names of who was doing this, and no other purpose.

Until now I have been a supporter of the finance industry - I work with people there regularly and respect many of them, and greatly enjoy the Financial Times and other financial papers. However this has shone a light on something for me, and made me certain that these people belong in jail, and companies like Barclays deserve to be bankrupt. They have robbed everyone of us, every single person who pays tax or who will ever pay tax in this country (and other countries!), through both the bailouts and schemes such as this.


Click to expand...


thank you for the link my friend but i don't pay much attention to news unless its significantly impacts the share price such as the Chinalco/RIO Tinto news!!
 
well , well what do we have here..........

I am long DAX 4000, stop loss 3950 .........risky trade looking for 50 points

only bought 1 contract on this trade hence larger than normal stop loss, normal trades = 3 contracts
 
wallstreet1928 said:
well , well what do we have here..........

I am long DAX 4000, stop loss 3950 .........risky trade looking for 50 points

only bought 1 contract on this trade hence larger than normal stop loss, normal trades = 3 contracts
Click to expand...

amended stop loss to 3940.....

bought another contract at 3950 ........

2 contracts in total now.............

average on 2 contracts = 3975 ..........stop loss 3940!!
 
vijayk358 said:
Hey Guys.. Any predictions on S&P? If it breaks 760... i reckon a short is on..
Click to expand...

I have bough S&P @ 765 , I forgot to mention 50 MA as well

stop loss 760

here is the reason why?
 

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