KAZ is an amazing buy at 13£ yes! the book is called mastering the markets assuming its the same book i read.
talking about books, any recommended readings with regards to fundamental analysis?
thanks, agree 100%. thats why my exposure to it never exceeds 3% of capital. Des looks better than lloyds these day lol
whats the name of the book mate?
thanks mate. . . Gap fill and am out. as Ivaylo said, trading the indices is a pain.
is it a buy at low 30s again?
Dubai , not so nice i banked 200 points off the dow 2 days ago and went long again lastnight which is now 80pts in the red. if 12050 doesnt hold am gonna cry.
i dont stay up late mate am just in a different time zone at the moment lol
man what happened to the DOW? went to bed in the blue and wokeup to be shocked. stupid Qaddafi! will sell at the gap fill :S Lloyds, as netley said mate . . make it sub 50 since you mentioned 52 ;) . on lloyds board yesterday i was discussing why it would make sense for us to have a quick shock spike down to shake the weak holders and then recover as quick as you mentioned. Read more about volume trading and found out that low volume at low prices is actually a reversal signal! basically means panic selling is not hapening (and buyers are buying whats on demand) and usually a spike down occurs to test the holders then more organizations get onboard and off we go! what do i do with TNI? 50p current resistance but have no faith anymore to top up really. . .
uhhh if we all sell our TNIs we should get an even better price.
well said mate. there is no more tripple bottoms. . . its just a resistance line that is getting weaker and weaker everyday. but as i said before, if your 55p prediction is based on the declining trendline support being hit then by the time we get there the line would be much lower than 55. if you are predicting 55 based on it being a strong resistance level in general then i think we have plentry of strong resistance levels between 55-60. which is why am finding it difficult to just sit and wait for 55ish as there is a high chance of missing the boat.
hey mate, am bullish about the indices too. opened another long on the DOW this morning and hoping for a blue day for the rest of my longs. not happy with TNI but planing to hold until may-june.
great 16400 shares @ 61.2p thanks
am i allowed to enter the competition with yesterday's buy in lloyds?
Lloyds. . . oversold on the daily and weekly. the MACD on the daily is about to move north. Momentum is rising, the tipple bottom support line is still holding. the big worry is the volume still . . . no mass buying which says the big boys arnt interested yet. volume is the most honest indicator IMO . . . but i cant afford to keep watching 61 slip away so am in mate.
at least you were in mate. much better than watching blue turn into red! :)
shocking day mate. all my longs are in the red except the Dow one and one tranche on KAZ. should have used stop losses! trying to force myself to be patient and wait for 20-30% wins but days like today make me question everything. . . hope for a better day tomorow.
will certainly have a look this evening. keep up the tips mate :)
any reason behind the miners' ugly drop today? even my Dow long is barely in the blue. .
and i went long on the DOW lastnight at 12050 since it touched the support line of which it bounced few times already. hoping for a blue week on the indices. . .