chazza

The first one. The second ones trendline isnt drawn correctly

Tom O'Brien mentioning $1000 on yesterdays show. I would like to see us test $1033, I'm all in at that level.

I see it at around 62.5 this am after potentially bouncing of a MT support level. Would make sense if the market is about to turn

Can't you grass them up for a couple of hundred quid now? EDIT: I actually thought before that not many poeple would go down that route, but given the problems we are in financially I can see many more porple going down this route. Maybe leading to more social disturbances

I do find these stories amazing but try and take them with a pinch of salt when nationalities are also quoted. I think I try to forget them as really, who in there right mind would authorise those sort of rents when you could move them 1 mile out and pay rent a third lower.

Buying some gold in GBP here. Tough decision, would have liked it to be lower (wouldnt we all), though the Sep-March cycle could play out again and sitting in GBP otherwise and looks oversold on a ST basis at least.... Any further current thoughts on £GOLD out there?

BBG article, saying CB's showing the top...

And lets face it, the general standard of the advisers is pretty piss poor. The blind leading the blind.

Where do you think a pullback will take us to? Depending on the time of the pullback, I would be looking for £590-odd. Unsure as to wether we can break the uptrend line given the fundamentals of Turdling,

Ho ho, my money was on yourself or Pixel8r. I couldnt agree more GF. I'm more hoping it goes to 100 in the ST for the house deposit.

I think the basic rules will be, similar to the greater job seeers allowance amount, that if you have no savings and no other income than you have more chance of getting the subsidy. So if you have spent and not saved basically

G/S ratio through 62, which Hoye saw as key, if it hangs on above this level - next stop 100?

Must contrast the uber-bullish house headlines with anecdotals from neighbours trying to sell their places. They have been on the market for 3 months, a handful of viewings and no bids. "Wrong price" is the first thing I think of. The places are the newer double height conversions - very nice, but not cheap and 3 or 4 on sale from the same development. And interestingly, the place we should be moving into is now owned by a bank.... a sign of the times EDIT: Forgot to say, one of the sellers in the block needs to sell their place soon within the next few months as they have already bought a new place. I said at the time (a couple of months ago) that that was quiet a ballsy strategy given the macro situation. Tho think the missus didnt mention anything to them as we aren't that close. They couple both work in finance so you'd imagine they shold know its all about price....

I'm hoping for the next leg of this debt deflation cycle, allowing me to get into gold, and eventually silver at better prices. We shall have to see how this pans out. The Ave house price/Silver graph speaks volumes to me.

We complete in a couple of weeks. People at work have conflicting opinions of my sale (though most are market savvy). I'm sure nearly all of my friends and fanily will have a few wisecracks for me when it goes through and if these house price increase headlines keep on appearing.... Must admit I have had conflicting emotions about it recently.

BDEV looks interesting against the FTSE, failing miserably to make new highs as the FTSE has. Instead stuck against ST resistance in maybe a bearish wedge. Went to someones house recently whose partner has been/is involved in property development. What you can do with leverage and a bull market is amazing. Had to be a £10mio pad.* very interesting to hear your thoughts as, to me the rental market seems to be 'recovering' with the sales market. *I have actually no idea how much it costs, but in a very nice area and very impressive

Gold pieces in the Sunday Times, Evening standard and The telegraph over the past day or two. All 3 seem to have the same spin of burying goldbugs (why only goldbugs and not equitybugs or bondbugs?). Actually the Telegraph piece is slightly more constructive than the title suggests (tho not worth the effort of reading...). However David Smiths piece is genius as only he can, he dimisses gold within about 200 words. Not bad for a supposedly high-brow paper. What happened to reasoned analysis in the supposed quality newspapers? http://business.timesonline.co.uk/tol/busi...icle6869383.ece Intersting from my point of view in that mainstream are quick to bash gold without analyising the reasons why its actually gaining in price and may be a good investment. No gold bubble yet.

+1

Would be too many threads. Just call this one "Gold thread" and theres no problem

i dont think so, I think its good to know mesh the long term with the short term. Im holding my stash of gold, but I think the ST signals of gold are important for the rest of the markets.

I wasnt going to post this but the uber bullish comments continue right until the last paragraph. http://www.telegraph.co.uk/finance/persona...more-to-go.html Wow I especially like the way he reasons that banks decide on how much we can borrow - genius! And that kicker in the last line of buying the most heavily indebted because it has the most leverage......

Colleague got his house valued recently, 22% higher than his 07 purchase. This was the sell tomorrow price not the marektable price. He apparently did get a good purchae price, but it seems the bull is back. I exchanged at the start of the week.....(to sell)

Hah, likewise! Although I had to be the worst player, couldnt get anywhere on it....

nothing I can link (Bloomberg), not sure how it would look on Stockcharts right now

Double bottom G/S ratio. If it breaks or holds could tell us a lot