Investments
Mar 1st 2016, 2:28 pm
#151
BE Forum Addict
Joined: Sep 2009
Location: Abu Dhabi
Posts: 1,805
Re: Investments
For me, a profit/return is always a winner however small
Yes I have read it and believe his biggest return is from his book sales and speeches.
He is clever in that he has indentified an audience of expats that are subjected to the double glazing type selling pressure from failed used car salesman that are over here pushing them into (as Meow rightly says) 15-25 year front loaded commission plans, that used to work if you knew you had a career job for life, but not in this day and age and especially as an expat.
Not convinced by his heroic cancer beating."i run 20km a day" bollocks. for me that just makes it smell fishy
Yes I have read it and believe his biggest return is from his book sales and speeches.
He is clever in that he has indentified an audience of expats that are subjected to the double glazing type selling pressure from failed used car salesman that are over here pushing them into (as Meow rightly says) 15-25 year front loaded commission plans, that used to work if you knew you had a career job for life, but not in this day and age and especially as an expat.
Not convinced by his heroic cancer beating."i run 20km a day" bollocks. for me that just makes it smell fishy
Mar 8th 2016, 10:26 am
#153
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Joined: Sep 2009
Location: Abu Dhabi
Posts: 1,805
Mar 8th 2016, 2:23 pm
#154
Hit 16's
Joined: Mar 2010
Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
Mar 9th 2016, 3:21 am
#155
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Joined: Feb 2011
Posts: 0
Re: Investments
Nope. Auto buy was set for 400. They got to about 402 I think.
NEARLY bought in yesterday, but waited for news and Chinese news was bad. Broker's can't make their mind up on Anglo because the De Beers business is basically their 400 price, the rest of the business is being stripped, sold and worked on. No dividend this year, debt manageable with asset sales (45 locations to 16) and improving commodity prices.
I watched it slide yesterday. I think it's an impressive swift rise but I think it's built on not a lot. I think if commodities take a hit even briefly it will tumble, China says the market is slower (like yesterday) it will close down (yesterday closed at 530.90 -97.20 (-15.48%)). I think it's fragile but there is real value there. I just happen to think the real value is anywhere around the 400 mark.
But, let's be frank - that's built on what I think, what I've read, opinions I've read and digested and from doing a bit of research on them and what they've done.
I'm really nervous about the Brexit stuff. It's not that far away and could do all sorts to the markets. Fundamentals kind of go out the window.
NEARLY bought in yesterday, but waited for news and Chinese news was bad. Broker's can't make their mind up on Anglo because the De Beers business is basically their 400 price, the rest of the business is being stripped, sold and worked on. No dividend this year, debt manageable with asset sales (45 locations to 16) and improving commodity prices.
I watched it slide yesterday. I think it's an impressive swift rise but I think it's built on not a lot. I think if commodities take a hit even briefly it will tumble, China says the market is slower (like yesterday) it will close down (yesterday closed at 530.90 -97.20 (-15.48%)). I think it's fragile but there is real value there. I just happen to think the real value is anywhere around the 400 mark.
But, let's be frank - that's built on what I think, what I've read, opinions I've read and digested and from doing a bit of research on them and what they've done.
I'm really nervous about the Brexit stuff. It's not that far away and could do all sorts to the markets. Fundamentals kind of go out the window.
Mar 9th 2016, 4:48 am
#156
BE Enthusiast
Joined: Feb 2016
Posts: 364
Re: Investments
Great post Scamp, think you are spot on there.
Do not think this rally is sustainable and will come back down twice as fast
Do not think this rally is sustainable and will come back down twice as fast
Mar 9th 2016, 5:18 am
#157
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Joined: Feb 2011
Posts: 0
Re: Investments
1. Normal market effects at the moment (news, commodities etc)
2. US opens mid afternoon and if bad, AAL bad.
3. Day traders now looking at this as a fantastic stock to short.
Should drive that price down to a nice level. Maybe my 400 is generous, but I'll be looking to get into it and holding medium - long term.
Mar 9th 2016, 5:31 am
#158
BE Enthusiast
Joined: Feb 2016
Posts: 364
Re: Investments
Plus ECB statement tomorrow
if they don't move to pump more money into the system then the markets will tank again.
Look what happened after last months announcement
if they don't move to pump more money into the system then the markets will tank again.
Look what happened after last months announcement
Mar 9th 2016, 5:51 am
#159
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Re: Investments
AND - Article today talking about BoE considering negative interest rates. (I've only seen a snippet and not dug much further and read anything in detail though)
Mar 15th 2016, 5:59 am
#160
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Location: Dubai, working at Dust World Central
Posts: 3,706
Re: Investments
Question for the knowledgeable. Is Cushing going to fill up?
Mar 15th 2016, 6:32 am
#162
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May 27th 2016, 1:47 pm
#164
Hit 16's
Joined: Mar 2010
Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
Re: Investments
well despite shorting oil at 8am today when it was 31.19 and watching it slip to 30.57 over the course of the day, I have still managed to screw up on many of the trades resulting in an overall loss on the day. A day of panic and fear for some reason lead me to make some bad short-term trades.
I still believe that the medium-term (like 3-4 days) direction is down due to people not buying into the supply cuts.
Still a good reminder to me of why I don't normally bother with oil and why you should only stick to one index you know well.
I still believe that the medium-term (like 3-4 days) direction is down due to people not buying into the supply cuts.
Still a good reminder to me of why I don't normally bother with oil and why you should only stick to one index you know well.
