Recent content by mickandpete

  1. M

    Best Thread Capital Spreads

    Simon , please excuse me if this issue has been raised before but this thread is too huge to browse. First let me explain my personnal situation. I have a very basic account , which does not me to go overdrawn , which I use for all my internet transactions. This I believe insures that I can...
  2. M

    What will mkts do if bail out in US approved/rejected?

    I posted this on a thread entitled "What is wrong with the world" I think it is relevant on this thread ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ DEBT In particular the reluctance of the USA to live within its means. The Rest of the World will rapidly decline to fund the excessive lifestyle of...
  3. M

    In a word - What is wrong with the World?

    DEBT In particular the reluctance of the USA to live within its means. The Rest of the World will rapidly decline to fund the excessive lifestyle of Americans. To borrow more money to "cure" the problems now besetting the American financial system can only hasten its demise...
  4. M

    First time trader - need help

    rafy As you seem to be domiciled in the UK it may be easier for you to start with the FTSE (UK shares) with which you may be more familiar
  5. M

    Anyone know what happened to crude in the wee hours?

    If you are suggesting what trading action to take in the event of war with Iran here is one course to follow Concentrate on OIL The first action the Iranians will take is to close the Straits of Hormuz Straits shut Oil $100 + If we see that level SELL US$ buy Can$ with every single penny u possess
  6. M

    Here is a true story about what can happen to a "star" trader.

    Lesson? FX? I thought his experience was in Nikkei Futures His crime was to trade outside the "limits" set by Barings and not disclose the trades Silly old Barings were completely duped This stortyseems to suggest Hunter traded with the knowledge of Amaranth That is completely different and a...
  7. M

    Day Trade the FTSE

    Our old friend "Heavy oil weighting" perhaps????
  8. M

    Dax

    Those ripples are now a lot deeper Not quite time for full storm warning WATCH OVER THE POND VERY CAREFULLY HOWEVER
  9. M

    Traders Alert - Vince Stanzione

    Probably bad advice but De Soto in the first tomorrow at Cheltenham 16-1 Will Hill looks a far better bet than your mans info
  10. M

    Dax

    Nice one Craig Short and sweet eh Your post NOT the article
  11. M

    Dax

    Grant The US Government,in fact the whole nation consider all foreigners to be working against their interests. Here again the worm appears to have turned.I read recently that a line has been crossed and foreigners now earn more from their US assets than the US does from its foreign holdings...
  12. M

    Dax

    DAX FTSE DOW all down. WHY? China falls 10% Market commentators all agree.This is GOOD for the market(yeah right) Nothing to worry about. Fundamentals still in place for growth. CRASH?? No way they say drawing upon comparisons with the past. This is not the past it is now. There is one glaring...
  13. M

    The FTSE 2006

    For what its worth I have several friends who have held PEPS for a long time (all of them aged 50+) They have all independently cashed in at 6000 + I know its only small beer but they all came to the same decision Main reason when asked OIL Been there .Seen Hyper Inflation. Thanks ill take what...
  14. M

    Sugar Sugar

    Thanks FX This whole subject is very complex I have tried to keep it as simple as I can.
  15. M

    Sugar Sugar

    Three weeks ago I was contacted by a former colleague and told to "Look at" Sugar This is an attempt by me to rationalise some of the sites and info I have found A concept that many of you may be unable to grasp is that we had sugar/sweet rationing in the UK which I am just able to remember...
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