Bad day for the FTSE 100

CHG · 05-06-2010, 01:44 PM

For any of those interested, at time of writing FTSE now at 5080 down 4.77% today and still falling

And tomorrow could see it fall to an 8 Month Low

Luckily I placed a short this morning

CHG · 05-06-2010, 01:45 PM

Update: Just dropped below 5k mark to 4974.... Down 6.76%

zltm089 · 05-06-2010, 01:52 PM

i think i need to start buying some shares!

Evil Diesel · 05-06-2010, 01:52 PM

And in the meantime gold has just topped £26,200/kg.

Up nearly £2k on the week ......

JLR1969 · 05-06-2010, 02:02 PM

I have a load of shares in Desire Petroleum and Rockhopper. Up 60% and 153% today and the best is yet to come.

GET IN!!!

CHG · 05-06-2010, 02:04 PM

Just hit 8%....and now back down at 6%

Talk about volatility...Getting a bit of a sweat on just watching it...

Saw the gold price... Impressive....Shame Brown got rid of all ours

CHG · 05-06-2010, 02:12 PM

Quote:

Originally Posted by JLR1969

I have a load of shares in Desire Petroleum and Rockhopper. Up 60% and 153% today and the best is yet to come.

GET IN!!!

Not a follower of Rockhopper, but do follow Desire....Hope you didn't buy in when they were up at £100.... If you did,

, but I think give a few days, and they'll be back up somewhere near...They did hit about 75% at one point today though....

CHG · 05-06-2010, 02:16 PM

Update: Settled at around 4.7% now

Let's see what tomorrow brings...

prt71 · 05-06-2010, 02:17 PM

Quote:

Originally Posted by colourhutgroup

Update: Just dropped below 5k mark to 4974.... Down 6.76%

According to what I was watching it didn't get anywhere near that low?

Evil Diesel · 05-06-2010, 02:28 PM

Quote:

Originally Posted by JLR1969

I have a load of shares in Desire Petroleum and Rockhopper. Up 60% and 153% today and the best is yet to come.

GET IN!!!

I have a pile of these and got a load more after the Liz disaster. Nice that DES have just about got back to the rights price.

Still, lots more drilling to come.

Lets just hope that Sea Lion is commercial ..........

JLR1969 · 05-06-2010, 04:24 PM

Quote:

Originally Posted by Evil Diesel

I have a pile of these and got a load more after the Liz disaster. Nice that DES have just about got back to the rights price.

Still, lots more drilling to come.

Lets just hope that Sea Lion is commercial ..........

With DES I have an average of 98p which is not the best, do you remember black Monday shares went from £1.03 to 39p I have to admit to feeling a little sick.

Holding 20,000 DES so in for the long term, lots more drilling so fingers crossed. Did well with RBS bought 30,000 at 32p and sold at 45p then bought in again at 55p, now 48p so another long term hold.

My Imperial Tobacco shares have had a rough time also, although the City is reacting to a new female CEO and tax changes in Spain and Oz. Currently £18.60 ish but marked at £23 so lets see.

Either way the DES is an exciting ride.

Evil Diesel · 05-07-2010, 02:27 AM

Thankfully my in price to DES was 24p a few years ago. Could have bought them for pennies last year but hey ho. Having taken up the rights I suppose my average in is about 30p. Rockhopper was the star having bought at pennies and then bought a boatload more at 40p after the disappointing news on Liz.

Good news for anyone who bought yesterday am at 38p.

CHG · 05-07-2010, 03:39 AM

Quote:

Originally Posted by JLR1969

With DES I have an average of 98p which is not the best, do you remember black Monday shares went from £1.03 to 39p I have to admit to feeling a little sick.

Holding 20,000 DES so in for the long term, lots more drilling so fingers crossed. Did well with RBS bought 30,000 at 32p and sold at 45p then bought in again at 55p, now 48p so another long term hold.

Either way the DES is an exciting ride.

I do remember black Monday.... To be fair a 98p average is not too bad, and provided the drilling proves successful you should be fine. As you say, it's gonna be exciting

Quote:

Originally Posted by Evil Diesel

Thankfully my in price to DES was 24p a few years ago. Could have bought them for pennies last year but hey ho. Having taken up the rights I suppose my average in is about 30p. Rockhopper was the star having bought at pennies and then bought a boatload more at 40p after the disappointing news on Liz.

Good news for anyone who bought yesterday am at 38p.

24p is still a very good price, although last year they were worth shit all. 24p stand to make you a very good return though, and as JLR said, drilling is only going to continue...

Some of us had FAR too much rum last night

Needless to say, i'm feeling like sh*t right now... which also meant i missed my morning trades

For those who are interested, Desire (DES) @ 55.56 down 10.64% at time of writing

Masterplan · 05-07-2010, 06:40 AM

I really really really wish I understood this enough to put money into it. Spent the whole week reading up on trading so hopefully once I've learned a bit more I will feel more confident putting money into this.

CHG · 05-07-2010, 06:56 AM

Quote:

Originally Posted by Masterplan

I really really really wish I understood this enough to put money into it. Spent the whole week reading up on trading so hopefully once I've learned a bit more I will feel more confident putting money into this.

All I'll say is, be careful...potential to make A LOT of money, but potential to lose a lot too...and trust me - I've learnt the hard way a few times

Masterplan · 05-07-2010, 07:39 AM

Tottally agree. Can only try it while being sensible

BGM · 05-07-2010, 09:03 AM

this thread is confusing, what is a short?

i seriously need to start doing some investing, got absolutely no idea where to start though

helps?

05-06-2010, 01:44 PM	#1
CHG Lieutenant 22 Rep 530 Posts Drives: A Variety of 4 Wheeled Things Join Date: Apr 2010 Location: Around the UK iTrader: (0)	Bad day for the FTSE 100 For any of those interested, at time of writing FTSE now at 5080 down 4.77% today and still falling And tomorrow could see it fall to an 8 Month Low Luckily I placed a short this morning
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05-06-2010, 01:45 PM	#2
CHG Lieutenant 22 Rep 530 Posts Drives: A Variety of 4 Wheeled Things Join Date: Apr 2010 Location: Around the UK iTrader: (0)	Update: Just dropped below 5k mark to 4974.... Down 6.76%
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05-06-2010, 01:52 PM	#3
zltm089 Banned 243 Rep 7,690 Posts Drives: 335i SE Coupe Space Grey Join Date: Nov 2008 Location: LONDON iTrader: (0) Garage List 2006 BMW 335i [10.00]	i think i need to start buying some shares!
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05-06-2010, 01:52 PM	#4
Evil Diesel Captain 32 Rep 817 Posts Drives: E92 335d M Sport Join Date: Jul 2007 Location: London iTrader: (0)	And in the meantime gold has just topped £26,200/kg. Up nearly £2k on the week ......
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05-06-2010, 02:02 PM	#5
JLR1969 Major General 1882 Rep 7,000 Posts Drives: Kubota GR1600 Join Date: Dec 2008 Location: England iTrader: (1)	I have a load of shares in Desire Petroleum and Rockhopper. Up 60% and 153% today and the best is yet to come. GET IN!!!
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05-06-2010, 02:04 PM	#6
CHG Lieutenant 22 Rep 530 Posts Drives: A Variety of 4 Wheeled Things Join Date: Apr 2010 Location: Around the UK iTrader: (0)	Just hit 8%....and now back down at 6% Talk about volatility...Getting a bit of a sweat on just watching it... Saw the gold price... Impressive....Shame Brown got rid of all ours
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05-06-2010, 02:16 PM	#8
CHG Lieutenant 22 Rep 530 Posts Drives: A Variety of 4 Wheeled Things Join Date: Apr 2010 Location: Around the UK iTrader: (0)	Update: Settled at around 4.7% now Let's see what tomorrow brings...
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05-07-2010, 02:27 AM	#12
Evil Diesel Captain 32 Rep 817 Posts Drives: E92 335d M Sport Join Date: Jul 2007 Location: London iTrader: (0)	Thankfully my in price to DES was 24p a few years ago. Could have bought them for pennies last year but hey ho. Having taken up the rights I suppose my average in is about 30p. Rockhopper was the star having bought at pennies and then bought a boatload more at 40p after the disappointing news on Liz. Good news for anyone who bought yesterday am at 38p.
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05-07-2010, 06:40 AM	#14
Masterplan Lieutenant 124 Rep 572 Posts Drives: F87 M2 & G05 X5 Join Date: Mar 2010 Location: UK iTrader: (0)	I really really really wish I understood this enough to put money into it. Spent the whole week reading up on trading so hopefully once I've learned a bit more I will feel more confident putting money into this.
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05-07-2010, 07:39 AM	#16
Masterplan Lieutenant 124 Rep 572 Posts Drives: F87 M2 & G05 X5 Join Date: Mar 2010 Location: UK iTrader: (0)	Tottally agree. Can only try it while being sensible
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05-07-2010, 09:03 AM	#17
BGM Colonel 58 Rep 2,398 Posts Drives: F20 M140i Join Date: Oct 2009 Location: Farnborough, UK iTrader: (0)	this thread is confusing, what is a short? i seriously need to start doing some investing, got absolutely no idea where to start though helps?
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