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    Originally posted by scooterscot View Post
    If you're not into TA, there's always another way to measure the sentiment. Bad news. The responses on here are evident of that. Conversely look at the 'good news' stories for the tech companies right now, contrarian alarm bells



    From Reuters in February 8th, 2009

    Lloyds investors fear dark hole for Black Horse - price action was up 200% 12 months later.


    This is Money, November 2011

    Lloyds Banking Group in turmoil as Nathan Bostock backs out - price action was up 270% 24 months later.


    Today:

    Thousands of Britons living in EU told their UK bank accounts will be closed









    So the reported bad news is the Thousands of LBG bank accounts due to close due to leaving the EU?

    That’s 13,000 Bank accounts !!!!

    If that was current accounts, that’s approx 0.06% of bank accounts..if it includes savings accounts, then that’s 0.03% of accounts.

    Unless those accounts are in the name of Bezos, Gates, Arnault, Buffett, Ellison, Ortega, I’m pretty sure they aren’t a factor.

    Comment


      Originally posted by BABABlackSheep View Post
      So the reported bad news is the Thousands of LBG bank accounts due to close due to leaving the EU?

      That’s 13,000 Bank accounts !!!!

      If that was current accounts, that’s approx 0.06% of bank accounts..if it includes savings accounts, then that’s 0.03% of accounts.

      Unless those accounts are in the name of Bezos, Gates, Arnault, Buffett, Ellison, Ortega, I’m pretty sure they aren’t a factor.
      Pooper is worried that Lloyds is going to demand back his main investment vehicle.

      Comment


        I wonder at what point "technical" "traders" accept fundamentals matter.

        Some claim the (global) market collapse in March wasn't due to a global pandemic.

        What if a meteorite hit earth and reset everything to zero? Is it zero because of a fundamental (meteorite destroying everything)? Let's assume yes. So somewhere between global pandemics and utter obliteration fundamentals matter.

        Comment


          Originally posted by TheGreenBastard View Post
          I wonder at what point "technical" "traders" accept fundamentals matter.

          Some claim the (global) market collapse in March wasn't due to a global pandemic.

          What if a meteorite hit earth and reset everything to zero? Is it zero because of a fundamental (meteorite destroying everything)? Let's assume yes. So somewhere between global pandemics and utter obliteration fundamentals matter.
          It's like the most fundamentalist of Marxists who see socialism as inevitable, and that nuclear Armageddon would just be a setback.

          Comment


            Originally posted by scooterscot View Post
            Might have to wait until next week before my order goes through.

            Let the market come to you, isn't that what they say?
            You placing orders by telegram?
            First Law of Contracting: Only the strong survive

            Comment


              Originally posted by _V_ View Post
              You placing orders by telegram?
              I am what I drink, and I'm a bitter man

              Comment


                Originally posted by _V_ View Post
                You placing orders by telegram?
                He's timing the market.

                Comment


                  Originally posted by TheGreenBastard View Post
                  He's timing the market.
                  Day Trader.
                  First Law of Contracting: Only the strong survive

                  Comment


                    Originally posted by TheGreenBastard View Post
                    He's timing the market.
                    Nah, he never times the market. That's why his Put has no end date

                    The broker will just hold it open for him until he's in profit, then he's allowed to close it at no extra premium cost
                    I am what I drink, and I'm a bitter man

                    Comment


                      Originally posted by TheGreenBastard View Post

                      What if a meteorite hit earth and reset everything to zero?

                      In a way that has happened hasn't it? Pandemic, many many people lost their jobs, future prospects are bleak, debt to our eyeballs - did we reset to zero? No - in fact some stocks have had their best year ever.
                      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                      Comment

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