Archive for April, 2009

Hi all,

I know this is not relevant to spread betting but because I am working hard on it, I thought you may be interested to know about iQ Desk. iQ Desk is dedicated for freelancer software and small business who are looking to get rid of Excel and start managing their business like pro. You can track clients, task, projects and costs in one web based platform.

It is very simple to use but yet very powerful. Try the demo and let me know what do you think.

This off topic is just one off!

The Dow is 8185 after it has already touched 8250 today. The FTSE 100 is 4189 and the Dax is 4704. Is it the time to sell? I think we are getting near the point when the direction is going to change south. I think that the economies are still in dire situation and there is no real substance for the latest rally.

But the question is when to enter the market and sell? it is a good question which I don’t have the answer but I feel that by somewhere next week the direction will change. It is only guts feeling which you don’t really want to count on but I am quite sure that we will see the FTSE & the Dow below 4000 and 8000 respectably.

What I am going to do is wait and see. Once I see that on both side the atlantic the indexes are down by more than 1% I am in. Selling.

I woke up today opened my web browser at 8:00 and saw Tesco down by 3%. I thought to my self what happened today? the FTSE 100 is up, the sun is in the sky so why the hell Tesco is down?

Then I rememebr, it is the 29/04 – Tesco’s ex-dividend date. On this day shares are going down to offest the dividend. This is the way the market works and you always need to know your share ex-dividend date!

And because I bought Tesco using spread betting for June, the dividend was already in the price, so my Tesco position didn’t go down much today.

Hi all,

Yesterday BA plunged down 7.75% because of the new Swine flu treat. This is good news for investors who want to buy this share. It is going down heavily without real reason. Just fears. So what I am going to do is wait till Friday, hoping the share will go down more.

I guess by then the media will move to the next story and the Swine flu will be moved a side. Just remember what happened with the bird flu not long ago. The media loves to scare us, and as you can see with the airlines shares, people love to be scared.

Once you understand that you can make a lot of money from going against the trend.

Hi all,

Those who read my blog on a regular basis know that I have a lot of respect to Simon Griffin from Shares magazine. That’s why when he recommended to buy BAE systems I read his explantions and openned my spread betting platform and bought it for 341 (June) I put a stop loss at 315 and my target is 420.

With BAE I have 4 shares on my protfolio:

I am still a bit disappointed with Shell. But for the long run I think it is a good buy.