DOW

remo wrote: The Dow has resumed the down trend again...lol..
Every time the Dow makes a huge day gain, the next day it seems to reverse with more power..it’s like a pattern...lol..

There were tons of stimulus packages around the world today so hence the markets bounced a bit.

Even our government joined in for once, even thou late to the party.. ...Busineses getting 330 billion in loans backed by government..Thats 25k per business......sounds good but still a dept thou......I like the 3 months Morgage freeze for everyone...Let’s hope they do that as that will help people a lot....they should throw in free council tax for the rest of the year as well....lol...

Exactly Remo - The problem is, all the stimlus packages smell of panic and cronyism.

With regards to "our" government - they need to take a leaf out of Trump (werid I know!) and just give the cash to the people directly.

why? well:

1. We the people bailed out the banks a decade ago, and a fat lot of good it did for everyone (decimated the health and justice systems to name a couple of issues!)

2. A universal "cash drop" won't discriminate. Think about it, you'll give a mortgage holding landlord relief, but won't give a rent payer (who actually might need it more perhaps?) any help? That's messed up.

And I speak as a guy that can retire now, some 30 years before I have to (not that I want to), but I can't live in an ivory tower whilst fellow human beings - through no fault of their own - get ripped to shreds - again.

This stimulus package can be exploited - dangerously. We've recently had non-tax-paying billionaire luvy Branson asking for a bail out (from the tax payer), as he put his staff (i.e. tax payers) on 12 weeks unpaid leave.

Just my two cents (in the wrong forum I guess!)

I'll go back to my cave, trading fish and chip money

The Dow has resumed the down trend again...lol..
Every time the Dow makes a huge day gain, the next day it seems to reverse with more power..it’s like a pattern...lol..

There were tons of stimulus packages around the world today so hence the markets bounced a bit.

Even our government joined in for once, even thou late to the party.. ...Busineses getting 330 billion in loans backed by government..Thats 25k per business......sounds good but still a dept thou......I like the 3 months Morgage freeze for everyone...Let’s hope they do that as that will help people a lot....they should throw in free council tax for the rest of the year as well....lol...

doh....of course Libero...sorry...my bad(like my son says to me!)

Trendfriend wrote: brilliant Paitech...i like that

Did you take on Cable??...hit 1.20

i missed...so not chasing now....

Maybe go short if it breaks below 1.20....lets see...

atb,
trendfriend

You mean Libero.

(I mean I know all internet nicnames might look the same, but....)


Cable is playing out nicely - will look to buy some sterling soon.

brilliant Libero...i like that

Did you take on Cable??...hit 1.20

i missed...so not chasing now....

Maybe go short if it breaks below 1.20....lets see...

atb,
trendfriend

I got my fish n chip money for the afternoon.

"He who hits and runs away, lives to fight another day".

It doesn't always have to be a big / massive amounts - I'm content that I've got my capital and a small profit. Don't forget, for this £40-odd quid, I had to stake over a grand.

IG ain't gonna get me, but I'm going to juice them slowly.

I wish everyone the same and better.