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yeah,well done, i really ought to look into this indepth chart stuff that you lot are into ,it seems to work,but i dont understand it to be honest,could do with some blue at the moment ,but not looking forward to the next few weeks,like everyone else....lol..... gl....
Bit touchy on matra board lol.......
didnt see ya there,punk rock era...lol..........skids good tho'................
everyone whoes been on lse for long enough knows which posters are genuine or not,dont think anyone would put you in the deramper class by any means....derampers dont usually last for more than a few posts or so,before they get removed..lol...................keep up the good work...atb....
http://www.youtube.com/watch?v=kXVhh7TKgcA Just for you the skids more later atb
ecr.15.38...compliment 4 ya..gl....
Good luck with the wedding. Have a great stag do...... GL
All wise words. Although why 'point scoring' should be kept to the 'main boards' is a bit of a mystery? If anything there shouldn't be any..........if we decide that point scoring is fair game....then so is ANY board including this one . PERIOD! To be honest, it was all a bit of jest and the truth of the matter is that i have been seriously slowing down on the posting anyway with an intention of having a break altogether. Seriously reducing my trades as well (nowt to do with sell in may Jonc. lol) but a wedding, stag do's and family hols all coming up and have hit my yearly targets already so i'm looking forward to a serious slowdown . So i wont be around. The boards will miss our battles i have no doubt Jonc. I will look in from time to time and i'm sure there will be the odd time that i wont be able to bite my tongue when i read something scandalous . Until then, good luck to all........yes even you Jonc. .....and happy trading.
Totally agree with your 23.04 post. Well said. GL
Well said mate.....
Thanks,. I think the boards purpose is a good one and it would be a shame to loose what has been started. I have certainly enjoyed the contributions on here from respected posters. GL
The purpose of the board is to find opportunities which can be used by everyone. It does not mean that every identified will fall into everyones category for investing, but more an objective contribution from who evers posts it. The descending triangle i stated clearly was a bearish pattern but in certain circumstances and certain trending patterns combined with a upward breakout can offer an opportunity. TA is a method That does not offer a blind mans means of making money, its about probabilty of making a correct decision and the above statement relating to descending triangles is an objective and observation by myself. You can disagree with it and say that under no circumstances would you itake that opportunity and i respect that. I am not here to defend TA for me it is just one part (tool) of the equation i would use to make a decision. I agree with comment about the LLoys board, no board should be used for that purpose. But thats no reason to trash every board, they each have there own rythem and humour and the lloyds board is no different. Polar and Doji, shipmate and others can look after that very well. We know there are other boards where serious dicussion can take place and do. So enjoy each board for own unique group of contributors. Just an opinion. You are welcome to make a valid contribution, if that is your intension. As the more experienced people contribute the better. GL
No mate, my intentions are far from it. You should stay and debate the points .......thats what a board is for. There will hopefully be some good ones. We shall all learn. I promise that there wont be anything just for arguements sake as Jonc does. Where i agree i will agree.......but where i dont , i wont be saying ''oh right Jonc, if thats what you say and shall i now bend over '. Mate you didn't even stand up for the most basic of errors when he said that 'descending triangles are MAINLY bullish' the other day when actually the opposite was true. This obvious and clear error, which it was , was tried to be explained away with another explanation , when you should have just said............Jonc you are wrong mate. Sorry! This is worrying. But why should the LLOY board be trashed when we discuss good points on here instead. Good old fashioned TA at its finest.
You are making an assumption that everyone on here is a child and are all novices. Please do not make that assumption. Just because we do not always post a chart does not mean we need educating by yourself. We can make our own judgements as to the vaidity or otherwise as opposed to some other boards. So if you feel the nescessity to educate everyone on here because you are above everyone here, then go head. But i for one will be leaving this board, which is a shame, because i have enjoyed the contributions and the purpose of this board. So if you feel you above everyone else interests then go ahead.
Mate. i'm afraid i cant. The problem Riding, is that half of what is said is either rubbish or retrospective or a deliberate attempt to misrepresent others............and perhaps its time to expose this. When Jonc goes unchecked, he goes on a flawed posting rampage ............it happened on LLOY. That doesn;t mean he didn't get that one right.......just that he flipped up a slice of bread that morning and it landed dry side up so reckons his reasons must have been right. sorry mate but it is the truth. He now tries it with me on other boards and despite thinking about posting here , i thought better of it. However, turning a blind eye to this has only encouraged him. So what has to be done , has to be done. Thank you for your veiled compliment. I have no problem with you mate as you know. It took a number of good posters (you know who they are) to just knock him back down again.
That is a shame..... Because you posts adds nothing in way of a serious contribution and in fact does a great disservice to TA. No where in your have you made any attempt to contribute to picking likely good investments or a qualified reason. I am disappointed that you feel it necessary to post on here for no other reason than your own self gratification. I respect your TA.....but i do question why you feel it nescessary to bring your grips here when there are many others Who are willing to make a valid contribution. So please can you take you grievences somewhere else. Thank you mate. GL
I've decided to be a resident poster on here aswell. How the hell do you put up with this TA drivel that Jonc comes out with? I worry for you guys. I've bitten my lip for some time but no more. Jonc - Your analysis mate is a bit like watching a car crash on dvd in slow motion..............sick, pointless, after the event and yet curiously impelling to watch just for the curiosity factor. The BZM comment was absolutley hilarious. As for the rest of it, like i said earlier, it is obvious what homewwork teacher gave you this week because One week, divergences and then thats all we hear about for a week. 2nd week bull flags and then thats all we hear about for a week. 3rd week MA's and then thats all we hear about for a week. etc etc And most of it with incorrect analysis on, as its not quite as easy as that. And most of it is shocking. You wouldn't know a bull flag from a topping pattern if it slapped you in the face. .....because its not just about a chart pattern full stop. I cant be arsed to look at some of those retrospective charts you've posted as most will be pointless . It is quite ironic that you laughed about stockcharts.com and yet now quote it chapter and verse..........bump and run being the latest. Haha! That was clearly last nights homework. But mate, do us a all a favour and learn how to post a chart (which you have never done unless knicked from someone else. lol) rather than hide behind things that sound posh but you have no realy experience in. Pleeeeaaaase. Hehe! I 'm gonna look forward to hanging out with you guys.
I have given up trying to explain to you , but since i have spoon fed you through not only TA but also trading strategies, i shall indulge you one more. time. Asi am notoriously bearish, i was prepared to to buy into LLOY on a 2 tranche policy ready for the expected bounce.........if i had to and NO MORE. 1st was bought at 27.90 and i did indeed lock in those profits. 2nd tranche wasn't needed, however when it did drop i did buy a 2nd tranche(as opposed to the 1st tranche) at a lower price (albeit i only actually had one open). I am barely 2% now in profit and my target is 28.40p IF it gets there.........then i will sell and consider a short. I shall not explain why as it is wasted on you also. Jeez, i know you struggle to understand posts at the best of times but as Uwinsum right stated the other day, in a sick kind of way your vain attempts to try to pick to pieces someone elses strategy has actually helped you. You should be thanking some of the people on here because as poor as your analysis is, even i have seen it get better as it is clear from your posts what you have read up on that week. One week, divergences and then thats all we hear about for a week. 2nd week bull flags and then thats all we hear about for a week. 3rd week MA's and then thats all we hear about for a week. etc etc And most of it with incorrect analysis on, as its not quite as easy as that. One day you will also learn to post a chart to explain your conclusions rather than the vague generalizations and plagiarisms you resort to.
With you on NCCL - bottoming out? indicators getting stronger, yet price still down. Will give it time to see where it goes but definately interested. Weekly chart- http://screencast.com/t/lwasQGYi note how price perfectly "obeyed" channel for the whole of 2011- straight down.
Sorry for absence- have some things on my hands, guess/hope to be back full on here in a couple weeks time. Glad Riddler joined in our little group- welcome buddy! Jonc, Rid- some good calls, especially NCCL, also spotted it a while ago. Last week Monday I got some MAGP when it broke ascending triangle, it fell back on Tuesday and Wednesday(almost nothing compared to markets) but picked up towards Friday again- today it opened well clear of resistance. http://screencast.com/t/gOk8vItIWF1 Thats it for now- will pop in when i can ) atb B
Well done, some great calls. See gold is in play...... GL
Not trying to be critical but in a major pullback/ meltdown / crash all those trading above the 200sma/ ema, will have further to fall than those on or near long term supports now, myself I've been mainly bottom fishing this while back and although now major bounces on any of them so far. no real major downside to them either, worth alook AV 256ish for bounce, MRW 262 or 254ish, POG 344 or 330ish, EMG 73, 66, or if they fail worst case 49ish. I wont be around for next couple of weeks to udate any of these but thats how they look for now. chavin on.
Bear markets shift the game around. So you right the percentages change for the signals. There is no real momentum to follow through. The energy that has forced market down has to attract together at the moment it is just fragmented turbulence if that makes sense. I believe that is why trends and other signals are shorter and less predictable. You did well to have the stop in place. SHFT for me can bounce around but i feel it has the strength to pick up quite fast. There is a risk because it has a smaller than usually number of shares that are in trade therefore movements can be quite large. You are right have a few stronger shares ready and waiting to be investing is the way to go. This is a great time to start to line them up as it is a time when value is created because some will be oversold along with some of the dross. GL
Did you go for BLNX......i sold today for a small profit. Lol Hardly worth the effort. SHFT recovered nicely, TSTR still waiting for news. Others up slightly...... Not a bad day, but it does feel like walking through treacle to make progress. Jonc.... See you were stopped out of lloy before the worst. But LLoy is going to be interesting play soon, it is just a matter of waiting for the right combination of News because this is becoming a good set up. GL GL
Safest to wait on the breakout and succesfull back test of support I think. chavin on.