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A bounce and solid volume for this time of day...doesn't look like there's an overhang...
PIs desperately taking the cushions off the sofa to average down...
Well done to anyone who had truly held back...are you back in...?
Still a 100% sell on Barcharts, but strengthening and first resistance at 9.593, then 10.387 and 11.273...
British Bulls also 'Stay Short' but a Bullish Harami yesterday (the high and low eclipsed the previous day's range with a fat white middle), so a strong day today could see their position change...
As Charles Dow said "It is always safer to assume that values determine prices in the long run. Values have nothing to do with current fluctuations. A worthless stock can go up 5 points just as easily as the best, but as a result of continuous fluctuations the good stock will gradually work up to its investment value.”
And
“The best profits in the stock market are made by people who get long or short at extremes and stay for months or years before they take their profit.”
And he would have readily agreed with Warren Buffett "Be greedy when others are fearful..."
Gold broke a strong downtrend upwards on 13 October and is rising again towards $2,000 (currently $1992)
Silver also looks like it broke out on 20 October...
Now we only need copper to follow, which means a break towards and beyond $3.70...
AS Goldman said "copper is the new gold..."
https://www.miningmetalnews.com/20220124/2323/copper-could-become-new-gold-world-years-come
https://www.autoevolution.com/news/forget-cobalt-and-nickel-copper-is-the-new-gold-that-will-start-the-next-war-193651.html
https://www.theaustralian.com.au/subscribe/news/1/?sourceCode=TAWEB_WRE170_a_GGL&dest=https%3A%2F%2Fwww.theaustralian.com.au%2Fbusiness%2Fcompanies%2Ffeels-like-a-deal-boom-dont-bet-on-it%2Fnews-story%2Fffafed07534b0f6eaf8130cc82c12432&memtype=anonymous&mode=premium&v21=GROUPA-Segment-2-NOSCORE&V21spcbehaviour=append
https://www.autoevolution.com/news/forget-cobalt-and-nickel-copper-is-the-new-gold-that-will-start-the-next-war-193651.html
https://www.northernminer.com/subscribe-login/?id=1003828962
etc etc...
You still using, sighting British Bulls?? … and you someone big in the city!! Flipping heck, says it all about your posting fantasies. How amateurish, British Bulls!! You only look at that site in the first year of your investing career and then you move on to more serious sources.
Million here a million there soon Red you’ll be taking serious money.
Talking your book as always. Just be honest about it.
Thanks for your erudite observation Aquinaga...
British Bulls and Barcharts are simple accessible tools that anyone on here can understand...
Thanks for displaying your professional arrogance.
And how many people on here haven't 'talked their book' at least once, e.g.
Bought more
Bought back in
Sold higher and bought back in
Or the derampers who try to talk the book down for a lower entry.
I've just checked your recent posting history and, while you don't exactly add a lot, I am flattered by your attention...
"Red, if you are long at the time ie not 600k shares and more like 1m shares and looking to sell some you would take anything and I mean anything you would put a positive spin on it.
Always talking you long or reduced positions!"
I was accused of not being transparent in the past, so from time to time I update, especially when, for example, I've bought 250k in the last week or so...
Sticking at 1 million and looking for the big bucks now...
Hope this helps?
Or as it’s known in the trade British bulls.hit
Red, it's a simple tactic.
If you say you've bought, and then the price goes down, they laugh at your losses.
If you say you've bought, and the price goes up, they say you were lying about your trade.
Look at Tesla1 (aka slug) for a perfect profile dedicated to doing this (apart from ranting about immigrants).
Come on guys I was always arguing here use the filter button makes life here more tolerable
Most of us are here for one thing MONEY rest is just pointless noise.
All the best.
Ray's right, even Quady and I agreed on something earlier this week.
He's also right about 10p, I'd say by about 2pm today at this rate.
I'm ONLY here for the money !
Good shout yesterday Ray, bang on the money - and congrats again to all those got got in under 8p.
Cheers guys..
Good luck to us all.
I'm not in the trade and haven't been for many years now.
I never rely on one indicator and in fact in the days of the autobts probably a lot of ordinary people think charting is 'smoke and mirrors'...
Don’t talk my book, no one’s interested!!
Talk about or give me facts from the company, possible world events that might have influence on the share price great and possible company moves or an elusive bid but to be so arrogant that anybody is interested in what I or you says a lot about your ego!
Come on Solgold get some news out and save us from the green boxes of needabra and reds ego, PLEASE!
Tesla1 (sorry slug) if I was such a teller of porkies why wouldn't I have claimed I bought some at 7.9p? You would have loved that. You simply can't help yourself, the mask slips and there is angry old slug.
I see you've given up on the other board lol, had a rough time. Now only posting as DaveTheHorse.
Well, as long as you want to toss abuse my way the more I'm happy to repeat that you are Slug (as you admitted, much to your regret, on the other board recently).
As long as people know who you are and why you are abusive. Some must wonder why this random guy has appeared on the board spitting hate at them simply because they say they have topped up.
From what I can tell, you are in here at about 25p, and have been since March 2022, and have no funds to average down or trade which is why you are very angry at people like me.
I'm glad to see that you and needalife have such a close bond - rather like the close bond you have with 1984Investor (you know, the profile where you play good cop). It must get crowded sometimes in that bedsit of yours.
Nurse Ratched…..
At least 16 of my last 40 posts do exactly that...
And only 2 out of the last 44 'talk about my book', i.e. state our current holdings...