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Everything posted by stevie_b
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I'll show him my brown one, that'll sort him out.
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1. KamaSupra 2. Soopra +1 3. Ben probably +1 4. Gretie22 5. heckler 6. GreaseMonkey 7. ripped_fear 8. stevie_b, permission pending
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Pretty good. That's probably as sensible an extrapolation as we're likely to get. The 2% might be baised towards cars that are traded frequently, but I appreciate it's an estimate and it feels like it gives a beliebable figure.
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You've come to the right place! Welcome to the club Kieran. There's more supra knowledge on here than you can shake a stick at. Do read the buyer's guides first though before asking the basic questions: it's all covered in there.
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Shart
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... and justifies it by saying they're "tasteful mods". At that price I can't see the buyer leaving car-less unless there's something very wrong with it.
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Just thought I'd give an update. The price dipped a bit after my post, making us around £1000 paper-profit. The shares since rose strongly and reached 595 ish around 5th December and triggered our stop loss, whereby the bet would have ended and we would have lost all of the £5k. Hope no-one did it for real.
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What did you use for an airline? Have you got a compressor at home, or do you have access to a garage?
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These guys are good: http://www.performancebatteries.co.uk/ Or go to a Toyota dealer. They can be surprisingly good value for batteries.
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Which vacuum bleeder have you chaps got? I bought one but I found it absolutely awful to use. I couldn't get a decent vacuum seal around the bleed nipple. I've read the recommendations about using vaseline to form a good seal, but loosening and tightening the nipple broke the seal every time. It's probably rubbish technique on my part.
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Could you send the link to me too please? AFAIK forex trading is only tax-free if done in a spread-betting account. There are other, taxable ways of trading forex. See here: http://www.moneymakingexperts.org/f19/forex-trading-tax-free-291/
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Agreed. But a new Supra would need more tricks than just good rubber, TC, etc. Surely Nissan already have these things on the GTR. I doubt they fit ditchfinders to them. A 4wd supra would be wrong IMO, I'd much rather it didn't try to match cars such as the GTR stat-for-stat on the strip (or track). Why though? The 4WD system must help with launches and handling (otherwise Nissan wouldn't fit it), so any car that doesn't use it would need to bring something extra-special to the party (read: extra expensive). Producing a car that's faster than another car is mainly one-upmanship (bragging rights, if you like).
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Is that correct? I'd have thought that trapped air in the heater feeds would isolate the water in the heater from the rest of the system, and seeing as the heat is generated in the engine block, it would cause the heater to run cool. I would expect the radiator temperature to run hot if there's an airlock.
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AFAIK there isn't a bypass within the bulkhead or inner dash. When you flush, turn the heater temperature control to max: there's a small chance that this isn't necessary (depends if the temperature dial controls the coolant flow, or just the air mix). Don't take this as gospel, I'm not certain. Have a look at the workshop manual, I think it has a diagram of the coolant pipework.
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I think it might not need a new matrix. If water's getting through via the hose pipe, then it's not blocked. If water's not escaping into the cabin, then it's probably not leaking. My guess is that there may be an airlock in the matrix. Several knowledgeable people on here reckon the mkiv cooling system is self-bleeding, but I've had not much success in getting the air out. In the past I've filled up the system by cracking open one of the matrix hoses (they're the highest point): not great but it kind of works.
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The copper's attitude sounds a bit off. I defend most of what the police do because they have a very tough job with odds stacked against them when dealing with scrotes. But if your missus is as you described, I don't think she'd have been giving him a foul-mouthed rant when he stopped her. I haven't read the threads posted by others (I spent too much time reading about poo-covered doughnuts) but read up on what the law requires re exhaust noise, and pass that info on to your missus so she can be polite but firm if she gets stopped again for the same reason. If you feel that's not enough, I'd go down to the police station for an informal chat to mention your concerns to the desk sergeant. As j_jza80 said, overtly-modified cars can attract unwelcome attention. The car photos in your profile look fine but I suspect it's been modified from that (e.g. looks like you've got a standard exhaust in the photos). Let's be clear, it's not illegal to fit an aftermarket exhaust *if* the exhaust conforms to noise and possibly other MOT requirements.
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These are good points. I think I've hijacked the thread into a spread-betting one, so I'll say this bit then I'll be quiet about spread betting. Happy to discuss with anyone on PM or another thread specifically for it, but not this one. You're right about the risks, and I've been lax about pointing them out. It can be incredibly risky, depending on how leveraged you are. Anyone who isn't comfortable with share dealing shouldn't do this. The OP asked for some high risk suggestions, but I still said it wasn't a serious one. Like a lot of these things, the devil's in the detail (i.e. what bets to consider, when to open a position, when to close a position). Similar to Jamie's ISA example: he made 400% over 5 years, but that all depends on the specific choices his manager made. With poor choices, he would have been down. Without careful consideration of those things, you'll probably either lose money slowly or quickly depending on your leverage. You have to be interested in what moves share prices before you stand a chance with this. Two things about spread betting: 1) you can get punished if the price moves against you temporarily (triggering your stop-loss); 2) to make money you not only have to be correct, but you have to be correct within a certain timescale. Not so much of an issue if you're using bets lasting several months, but tricky if you're using short-term ones lasting a day or so. Other firms may do it differently, but with IG Index my Royal Mail example is correct. When you open a short position, you open it at the lower bound of the spread. If you wanted to close it early, you must close it at the upper bound. So to make money, the upper bound has to fall through the level of the lower bound when you opened the short position. Also, the real price is relevant but it's not the price you open or close positions at.
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You're correct about them going down to 540.5 (see the caveat), and you getting £400. Here's the caveat: when I say "going down to 540.5" I don't mean the actual share price: I mean the higher bound of the spread. So to get a £400 gain, the spread quoted by IG would need to look something like this: 536.2 - 540.5 (lower number is irrelevant but included for completeness). The spread is updated in real time as the underlying share price moves. It doesn't usually get much wider or narrower, the range just moves around to track the share price. The share price is almost always roughly in the middle of the spread. Notice how, for a small price movement (approx 6p) you've gained £400. To get that gain with actual shares, you'd need to buy £36k worth of shares. The spread bet we've placed is highly geared, or "leveraged" as the finance guys call it. The spread (544.5 - 548.9 as of last night) means that you can either place a bet that the share price will be below 544.5, or you can place a bet that it will be above 548.9. In each case, you'd specify the amount of money per point (in this case per penny of spread boundary movement) that you'd gain if you are right (and same same rate is always used to take money from you if you are wrong). The region within the spread is like a no-man's land for punters: you can't place a bet that it will be somewhere within the spread. With spread betting, you never "stick £5k on" though. That's fixed-odds betting where you always know your maximum loss when you place the bet. With a spread bet, you only specify the rate at which you gain (if you're right) or lose (if you're wrong). That's one of the reasons why they can be dangerous: your losses can be limitless. That's where a stop-loss comes in. It's a safety feature. Your bet is stopped and your current losses are realised when the spread price reaches the stop-loss level. In my real-world example, setting the stop loss at 594.5 means I could only lose a maximum of £5k. If I didn't have the stop-loss and the shares increased hugely, I'd be filing for bankruptcy the next day. Binary bets are a derivative of spread betting, but they are fixed-odds with a simple yes/no outcome.
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Just for a bit of fun, IG are quoting a spread of 544.5 - 548.9 on March 2014 Royal Mail. Let's see what happens over the next few weeks. I've got a feeling they'll go down a bit as the recent rise may have been overdone. This is definitely not a dead cert, I haven't placed the actual bet myself, that's how certain I am of it. Let's say we short at £100/point. We'll put all of £5k on the line, so a stop loss at 594.5. If the price reaches that level at any point, we've lost the lot!
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Not necessarily true. Share prices go down because companies do worse than is expected. It's expected that Royal Mail will get a lot of business around Christmas, so that should already be priced in to the shares. Sometimes you'll read about a company making £x'00 million profit. The share price will fall if it's less than the analysts were expecting.
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It's a bet that the Royal Mail share price will go down. Spread betting companies will quote you a price range (or spread, hence the name) where they think the price will be somewhen in the future. These are made-up numbers, but suppose that RM's price is currently 550p. The betting firm might quote a spread of 540-560p for the price in, say, March 2014. If you think it'll do worse than that, you can bet that the price will go down by "selling" or "going short" by £x per penny of share price movement. If you sell that spread at £100/point, you get £100 for every penny the share price drops below 540p. Make sense? If it drops to 500p, you've gained £4k. But likewise you would be punished if the share price moves up. It wasn't a serious suggestion: unless you're interested in share price movements, it's a dull way to make a mint or lose the shirt on your back. There are complicating factors like setting up stop losses, closing the bet early (e.g. you can "cash your chips in early" and you'll get out with whatever profit or loss you've incurred), etc.
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Depends what excites you really. You'd have to enjoy doing it to make it worth the risks. Short position 3-month spread bet on Royal Mail, at £100/point?
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Protecting the car over winter whilst it's not insured
stevie_b replied to red_zebra's topic in Supra Chat
I used to keep my supra in a garage outside my home. If the battery's in good condition, I found that using the charger for 8 hours every fortnight was sufficient to allow starting of the car to drive it (and obviously plenty to keep the alarm working). Personally I wouldn't start it just to warm it up on the spot: I don't see the point. When you start a cold engine, there'll be a disproportionate amount of wear on the components and it'll take a while to burn off the moisture that will be in the exhaust and may be in the engine oil. I would just give it a long run before tucking it away. -
Tricky with just £5k though. That could mean a high LTV on a property in West Sussex.
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Good shout. It's very unlikely to set the world alight but I'm guessing you don't want to risk losing most or all of it if things go against you.