i agree with you, Bill. For the first day in some time LLOY is bucking the general market. The train is leaving the station. lol Anyone remember those days in 1999 where anyone could make money buying anything internet related. Hell, i remember buying some Israeli tech company called Geo Interactive Media at 1.45 in May ad selling in November at 28 pounds
"Over 69 today! Also RBS up over 4%. Not sure why... Any clues?..."
Actually, none of the above! But almost certainly down to unexpectedly big spikes in bond yields, particularly US (eg. 10yr Treasury, check it out). Less clear exactly why bond yields are shooting up now, apparently to do with Japan, global QE on the way out, etc... but either way, it has obviously triggered another round of the "rates finally normalising" debate. Good for banks on balance.
Conspiracy theories always fun, CB2, but far more often fable than factual.
And while you'd think Morgan Stanley could explain RBS (though brokers rarely have much influence on SPs, beyond the very short term), it would hardly explain the surge in LLOY, which they actually downgrade (to Neutral, I think).
Well I own a Jag too Dregor. Have owned a couple of XF's since 2010 and quite pleased with them. I agree most Jag drivers are calm, nice decent people and rarely get upset until some boy racer turns up in a BMW and then you see the more 'competitive' side come into action, lol.
The Ranch Hand!
A successful rancher died and left everything to his devoted wife. She was a very good-looking woman and determined to keep the ranch, but knew very little about ranching, so she decided to place an ad in the newspaper for a ranch hand..
Two cowboys applied for the job. One was gay and the other a drunk. She thought long and hard about it, and when no one else applied she decided to hire the gay guy, figuring it would be safer to have him around the house than the drunk. He proved to be a hard worker who put in long hours every day and knew a lot about ranching. For weeks, the two of them worked, and the ranch was doing very well.
One day, the rancher's widow said to the hired hand, "You have done a really good job, and the ranch looks great. You should go into town and kick up your heels."
The hired hand readily agreed and went into town one Saturday night. One o'clock came, however, and he didn't return. Two o'clock and no hired hand. Finally he returned around two-thirty, and upon entering the room, he found the rancher's widow sitting by the fireplace with a glass of wine, waiting for him.
She quietly called him over to her.
"Unbutton my blouse and take it off," she said. Trembling, he did as she directed.
"Now take off my boots." He did as she asked, ever so slowly.
"Now take off my socks." He removed each gently and placed them neatly by her boots. "
"Now take off my skirt." He slowly unbuttoned it, constantly watching her eyes in the fire light.
"Now take off my bra." Again, with trembling hands, he did as he was told and dropped it to the floor.
Then she looked at him and said, "If you ever wear my clothes into town again, you're fired."
Nice one Soi.
I bet you were a perfect gentleman on the road, whichever car you drove!
I used to be in the brewery business and whilst I still love a beer, I now have a hugely diminished interest in beer and pubs.
Probably enough of good thing!
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