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I'm sorry you feel that way mick. Of course you are perfectly entitled to do with your cash whatever you see fit.
I too had a cycle. It was indeed a raleigh, a raleigh ascender...6 gears! Rigid frame and weighed about the same as your average motor vehicle.
Mick this absolutely needs criticising. What you are doing is no different from soothsaying, reading palms, runes or tea leaves. You arrived on this board 2 months ago claiming you were new to investing. Now, either you are an incredibly quick learner and have read a bit about market cycles or you are a liar or a complete clown. I will give you the benefit of the doubt for a minute and assume you are the former. But in that case reading a couple of books does not make you an authority just as you couldn't be a pilot having read the manual. Stop touting this nonsense, it is quite tedious and very silly. as I have said before the evidence is that investing based on market cycle predictions does not work. If I again point you in the direction of the founder w d ganz that could not support himself with trading. If the pioneer cant make it work then one really must question its authority. Now I think all can agree there may be a further correction at some point which is why most are very cautious presently but please dont presume to state when it will be, not to the week and certainly not to the day.
On a more serious note. Has anyone worked out ennismore's average on their short?
Mick perhaps you should turn your attentions to something more fruitful.. any idea what the lottery numbers will be on the weekend?
I think it might be crack!
Mick, could you be a little more specific please. What time exactly? Thanks
There we have it folks. Uptrend confirmed today. Good times.
And 45 paid.
All this talk of takeovers appears to be getting the algos all excitable.
All sounds promising for us.
And 43.82 today. Not bad when the rest of the sector got a bit of a hammering.
You are all over the place. Dont think you ever said sig shares would fall? that's what this discussion is all about! Something along the lines of a 40% drop in may. Now its £2 a share?! You are beyond belief. Goodbye.
I dont day trade either. Cutting out 90% of the decades data sounds a little foolhardy to me. But what do I know? Anyway good luck predicting the future. Those stops will come in handy.
I guess he should have waited until May 2021
Whilst we are on the subject of your astrology research may I point you in the direction of someone I hold in high regard. Alexander elder. He interviewed Ganns son 'an analyst for a Boston bank. He told me that his famous father could not support his family by trading but earned his living by writing and selling instructional courses.'
But what will it do at 1432 on Thursday based on your historic data? That's not how charts work.
Charts going back many decades. And your answer was May 2021! Really?!
Mick.
Earlier in the month you tell us you are a newbie that cant check the divi history of this stock, that you have made it the largest part of your portfolio but that you expect it to fall. All your research is based on stockopaedia reports that change more frequently than the british weather and other random forecasts you read from whichever investing pop up happens to appear on your computer screen. Forgive me if I think you really live up to your user name and have no place risking your money in the stock market let alone presuming to tell others what to do based on your extensive stockopaedia research. I have a other pigeon hole for you.
Mick you have a pretty low opinion of other investors dont you? To suggest many dont use stops is rediculous. Those you refer to are gamblers not investors or traders. Incidentally I put you in the gambling pigeon hole gambling on a correction that you believe in after reading some circumspect article and other similar research. Take a look at a chart for once.
Ha raleigh. Absolutely not alone.
Prof. it is not mick's suggestion that we will have a market correction that i take objection to (this may or may not happen at any time) but the apparent 'fact' that it will happen in May +/- 2 weeks. This is clearly utter nonsense.