Anyone scalping the FTSE Futures??

[Majid (boombastic)]

It's a different sector, and very different market conditions.

BUT. Supermarkets won't get shut down in '3rd Wave' lockdown, although impacted by significant Covid costs.
Also, there's rampant inflation and massive unemployment in the pipeline.
Food is a basic, but low margins on staples.

It's still well under pre-pandemic price, though, so still a bargain, on a longer view.

So, if you buy now, be prepared to hold.

Only problem slight risk of a bidder definitely confirming a withdrawal and the sp dropping back 30% to pre bid price you have to bear that in mind...

 

[MasterOfCoin]

Only problem slight risk of a bidder definitely confirming a withdrawal and the sp dropping back 30% to pre bid price you have to bear that in mind...

In any event, after a 1/3 rd rise, it's more likely than not, the price will drop tomorrow.

But there's no certainties in this game.

Either way, it's still cheap at today's price, on a long view.

 

[Majid (boombastic)]

In any event, after a 1/3 rd rise, it's more likely than not, the price will drop tomorrow.

But there's no certainties in this game.

Either way, it's still cheap at today's price, on a long view.

Do you think there's a good chance at least another 2 bidders might join the race?

 

[MasterOfCoin]

Do you think there's a good chance at least another 2 bidders might join the race?

There's a significant chance of a 'hostile' takeover bid, yes, as there are many vultures circling.

However, Brexit fallout and ongoing pandemic mania make predictions impossible.

Best you can do is trade the volatility, that is easy money.

 

[MasterOfCoin]

FTSE inching up, half-hour to US open ....

 

[postman]

Game face on.

 

[inzimam]

dip then rocket? what's it to be?

 

[postman]

Last week on the dow
Mon - Nobody buying
Tue - Nobody buying
Wed -Nobody buying
Thur -Nobody buying
Fri - Nobody buying

This week on the dow
Mon - Nobody selling
Tue - Nobody selling
Wed -Nobody selling
Thur -Nobody selling
Fri - Nobody selling

 

[postman]

dip then rocket? what's it to be?

🚀🌔

 

[postman]

.

 

[postman]

500 points up today will do me nicely

Feeling better now?

 

[Majid (boombastic)]

So we're going to forget all that Phili fed chair comments on Fri and hawkish fed comments on wed?

 

[postman]

US crude going mental today?!?

 

[postman]

So we're going to forget all that Phili fed chair comments on Fri and hawkish fed comments on wed?

Forget what? 😉

 

[Artycharty]

US crude going mental today?!?

Slippery stuff

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

????

 

[Majid (boombastic)]

Where do you think the dow will close today?