Member Info for 1onic

One of the basics of investing is an entry price and an exit price (based on something) for non-divi payers. I suppose if you're all waiting for the divi you're less concerned about an exit price. But at some point you may wish to realise some capital gains. A target is very useful and can always be reassessed if the story changes.

Takes a lot of dedication to get the experience, but gives one an edge, everyone would like an edge surely.

Doesn't mean it's right all the time of course but 70-80% and cutting duffers quickly will do me.

Expert, dearie me. With one rather poorly informed statement you've successfully obliterated the entire world of trading, manual, algo, HFT, the lot..

How exactly do you think the billions traded everyday are allocated.....pin sticking with the eyes shut.

As far as charts go, in my experience, even the flat earthers will sneak a look at a visual representation, text doesn't really cut it.
I'm 100% sure the professionals on here are very adept in the black arts and play the swings, otherwise they're pulling your legs with their expertise Imo.

Interesting chart back to 2006 which shows why we may get a small bounce here but why I think the bottom is not in yet

https://ibb.co/JHCfHVJ

Simple monthly

https://ibb.co/JHCfHVJ

Mr MacDonald says " I don't see the excesses in the economy right now that would drive it (recession)"

What they talk about less is US stocks being overvalued and the excesses in the markets or debt, end of fiscal stimulus. Complacency, they were saying the same in 2007.

C2, I know what you're saying and I generally have a short term perspective as I rarely hold index positions overnight. The longer time frames do however flag up where the brick walls are and when they appear on the 15m and 1hr charts one can plan accordingly.

As someone once said "It's all about reading the right hand side of the chart"........that'll be the blank bit :-)

I'm sure you've been following the wild ride that is nat gas prices since November. Was quite a good trade for charting but I'm at a loss to see where the price goes next on a fundamental basis. Any thoughts?

https://ibb.co/WHMtSGn

Out of date now.

https://ibb.co/fYBvfL0

Chart says back to 200ma

12/12

Bloomin wrong again, bottom?

Bmn, just one ages ago for the bottom of the first slide from 50, wasn't too far away I think

C2, appreciate it isn't your article.

'Everything was going right for the stock market until Oct. 3. Then everything went wrong...'

I can't agree with that at all. I've traded indices on technicals for some time and the charts were indicating trouble as they spiked up in late 2017.

There were very few of us calling the top then, and the double top which was a fish in a barrel (Dow specifically) was a foregone technical conclusion .

At that time CNBC, Doomberg and all the sell side analysts were saying BTFD as they are again now. Dow fell too far, too fast so is currently reverting to mean. Imo it won't last and there are lower lows on the way.

20k definitely, but I'm waiting for 16k before I start buying equities again, save maybe a select few.

Can I spank the denim ones

Apols for the formatting

I don't think I'd want to be stockpicked by these incompetents lol

How our 2018 recommendations fared

Company
Price
then
Price
now
%
change
Gym Group
220p
273p
+24.1
BP
522.7p
495.95p
-5.1
SSE
13.2p
10.82p
-18.7
Applied
Graphene
Materials
42p
34p
-19.1
EasyJet
14.64p
11.05p
-24.52
ITV
165.5p
124.85p
-24.56
Prudential
19.05p
14.02p
-26.42
888
281.7p
175p
-38
Allied Minds
165p
70.2p
-54.5
Footasylum
252.5p
25.75p
-89.8
Average
of 2018
share tips
-27.7
FTSE 100
7,687.77
6,728.13
-12.5

Hopefully the crystal ball will (eventually) show some better news during this year and I can desist from being the voice of doom. It's been a blast this last year being a part of the chat here. A very happy, healthy and prosperous 2019 to all the tecasssss

20 mins up

Have a lovely evening and enjoy the rest of your break :-)

That reflects my swithering about whether there is another pop to the top of the wedge and 23,500 or a movement along the uptrend it is sitting on atm before it falls through.

I've noticed a few times in the past when wedges breakdown there's a dither along the uptrend that looks like a bounce but isn't.

And also as you say wise to take overshoots into account atm

Thought the tweet might give you a laugh......yellow eyes are watching you and they don't take kindly to your criticism of their personal hygiene....that's all I'm saying.....

\yep, having fun and trying to switch off ;-)

FRR gone btw