Member Info for Ivaylo

in regards to sbt it touched a support line back from nov 2009 and july 1, 2010, the previous support july 2009 and july 2010 line held for few days before dopped further so having that line failed i got the next support on the next bottom which is november 5-th 2009 + 1 july 2010, and the spike today just hit that line before retreating back up, i see technicals look good so i think its a buy. But party is enough for me for this sector and i am already moderately invested here, with 2 more tranches waiting so i will stick here. Good luck SirBob with all your gambling shares.

good to see you here :) this place is turning better every day Exactly, your charts are showing what i got. Graysland look at seb's chart mine is the same. Seb its good you got that small downward channel as well but i think of better importance is the big channel and i strongly believe it will bottom around the 5-5.50p area. I have not invested in yell ever, just watch the stock and saw graysland posting there so decided to share my view on it, thats all :).

come on, that is the most famous british i would even say world economist, John Maynard Keynes. Here at wikipedia you can see some of his sayings, a brillian man indeed. http://en.wikiquote.org/wiki/John_Maynard_Keynes Completely agree on your statement about the party although i do not overrule further drop, there is an anticipation of the merger in April 1, but still 5 weeks ahead, well time is ticking and i feel soon the party will explode. It could well reach 163-5 today it went to 169 so not too far away, i think i will set up an auto buy around that area, if it hits on a spike to get me in. I really, really doubt the support from the downward trend channel wont hold, i really cant see it dropping further than 160's if not then 157-8 should hold. Either way we are bottoming out very, very soon.

true , true mate, i was just rephrasing the famous saying :)

same scenario for today after the last 2 days, heavy drop followed by recovery, still moving sideways so the chances to go up are the same as to go down, their is support and resistance either way, looking out for news or heavy volume to change the downtrend if not then soon will drop further.

nothing new, still waiting keeps moving sideways but again i see the positive sign of the close, or is it just as sirbob said, i see it positive because i have 3 tranches already in here ;) Trying to be emotionless though and stay solvent regardless the market keeps going irrational :)

as for lloy, i got out a bit too early though :) but still profit is profit, i wrote several times 69.57 is the MASTER resistance, its 50% fibo, last time it closed above 70p was way way back in november, and that this resistance is much harder to break than any channel, people kept talking about small ascending triangles and big and small downward trend channels which was good but almost all failed to see this master resistance currently is way too tough to break. Today it stopped right at the 50EMA, 20 and 200EMA are all there in the region of 66p so i do expect some support there perhaps a relief rally, then the next support i see is the old master support which now runs in the region of 64.5-65 but if results are bad (which i actually expect to be be bad) then 61 by friday is well possible and if thats the case, gradual fall + bad results on friday and a further fall and 61p is seen definitely my first tranche will be in lloy, then i will wait for the next support to kick and expecting relief rally as well but its a bit far to predict the week especially in such volatile times for banks now + results week for rbs and lloy.

mate about yell, run the support line on 27-31aug + 12 nov - this is marking 2 significant bottoms as price tried to rally after those bottoms and well it did but short lived ones, significant are because after the first bottom in august it took 2 months for the share price to go back below that bottom, and another 2 months for the second bottom at 12 nov to reach the same level, all those months the price has been above the bottom and was trying to rally, it failed miserably both times, now it is heading for the third bottom, unfortunately the third bottom is ... right around 5.50-5p this is where i would most certainly buy. Here no TA helps as fundamentals are sending the stock to hell, i mean come on 25% only digital, in the digital age? This stock is dead mate but no doubt rallies like the last one from 10p to 15p will happen, and if things improve it could get even higher but over 1 pound to happen it will take at least 3-5 years something like that. Play the trends but dont get stuck in there, would be my humble advice. I share your view on banks and TNI, i am completely out of banks at the moment as well. Iam waiting on STAN though see how it plays out, ready for a quick tranche. Lloy was doing okay but ireland and poor housing market in UK will cease the growth or just make it hard, the new CEO however looks promising and no doubt there are better times coming ahead just not in short term though, i would touch lloy in the autumn or winter this year will see how things go though.

if tomorrow 170-172 holds it would be a sign bears are losing it, i need to mention if you noticed the SP movement for the last 2 days, a bearish start and generally a behavior of a bearish day and a bullish finish, both days were identical. Even though here we dont talk about bullish in the means of gaining pennies or massive buys just bullish behaviour. To me it means something but lets wait though, it could easily go to 160's with a blink of an eye. Btw saw you in yell, i have not invested there but i have been watching it closely, missed the 50% rise though but i wanted to see how it will behave in this environement. 1-2 weeks ago i wrote on the yell bb price would drop to 5-6p, no one paid attention but this is where i will possibly buy in and this time i will buy in. This is generally the master support of a big big big downward trend channel so i will hop in this time. Just a thought, been watching this share for about 5-6 months so not quite long time but i do feel this has a long way down and 10p would not hold this time and it did not. TNI btw opened today right on the master support line and it held above it for the whole day, another positive day would make me buy for another tranche for a quick 10%. GLA

right, got your points, i do agree on your post but my numbers slightly differ from yours, i got 168.41 for tomorrows first major support on the downside then 166.78 and finally 163.38 which is the master support of the downside trend channel. On the upside 179.23 is the more importand resistance its the line 6th dec top and 14-17 january, those 2 tops consider as important one as they mark the motive wave. First resistance is actually the small resistance line formed by the last 2 small tops of the extension of wave 4-5, so that line would 28 jan and 8 feb, this is first level of resistance and if you draw the line correctly you will see on friday the rise stopped right at that resistance, also on 14 of february, so that line 28 jan and 8 feb played as a sucessfull reistance on another 2 days on 9th feb and just last friday. So this would be my first level of resistance which for tomorrow is 175.77 if we break through it would be good, second line of resistance and a more important one is as i wrote already 179.23. These are my thoughts for support and resistance. Lines are getting closer and closer and i do agree a really interesting week is coming :) Good luck folks

i understand your position, i trade pretty much like graysland, i base my trades on 90% TA rest is small research, rarely i get stung, got stung only 2 times by sar and des but not huge mistakes as i day traded them and recovered 80% of the losses, determined to get the rest of it soon :) I am watching TNI as it will approach soon the buy in price, i missed it last time ... and it went really good. This time the train will leave with me on it :)

btw just looked at the trades, a large NT has been placed after hours Time Volume / Share Price 16:56 409,556 @ 174.65p 16:35 190,096 @ 174.00p second one is UT both buys so it should open nicely monday and lets see if that would push it north.

netley: i got most of my cash tied up too, and i am watching very very closely, stan and few other companies like BAE,VED, TNI, i gained about 70% of the bank rally (means i missed some as been in and out) so banks were good to me again but i messed up in few other places, lesson learnt though. Btw stan is a buy if 1606 hold if it falls.Support at 1645 and resistance at 1717, if support holds then the ascending triangle is in play, if not wait for the master support at 1604-1606. sirbob: prty is ok, well a bearish engulfing pattern formed with the last 2 candlesticks,it went down a bit but it recovered and finished well at 174, sooner rather than later we will know if this will drop like a stone or explode like a rocket up, the range is tightening so i think next week we will either break out the resistance and rally or drop to hit the bottom of the downward trend channel. I would be worried if we finished at or below 170 but we did not. So mixed feelings, could of been better could of been worse :).

graysland: support is good so far and i do see a breakout dont know if you looked at the motive wave on my previos posts, 174-175 has been holding pretty well lately. The flat bottomed triangle you talk about i see it but it should be longer in time, several days of flat support does not mean much. I look at the bigger picture and looks like a breakout but if no volume down the 160's we go. Although RBS enjoyed some 20% jump in share price with terrible volumes there were days with 40-50 mil buys. Well lets see. SirBob: well enjoy the stress :) , good luck to all your holdings mate :) Netley: STAN has a classic ascending triangle forming with a resistance at 1718, a breakout would be nice but i would expect it to hit 1650-1660 before a breakout occurs, good run coming :)

USA is all that matters here, if the states one by one start aproving the online gambling then Germany wont matter at all, although it will have an impact on the share price if that happens but USA is the main target, if that happens bright future for prty for sure. Florida is supposedly the first one though.

party needs confirmation today and/or tomorrow i think its moving very well for the moment WIN seems moving up as well but the lower BB line is reall,really low so uptrend not confirmed. Missed todays move on the banks especially rbs, got out yesterday for a good 3.2% profit, should of stayed till 50.40-50.60 .. and lloy got out way too early, lloy is still not convincing on the way up, i feel results will be bad for lloy and good for rbs.

bullish harami cross pattern not a doji star :) got it wrong with todays high

a falling wedge REVERSAL could be forming with a reversal point of 181.61 for tomorrow, IF we gap up tomorrow and a nice 3% or higher up it would be a nice breakout of the falling wedge. But lets see.

no idea why a message last night was not posted ... anyway thanks to mikepenny for the web link, graysland i will get charts uploaded soon :) In regards to PRTY, finished well tonight, a doji and a formation of a doji star with a possible confirmation the next 2 days, really good it held to the level of 11-th close and yesterdays close. Good pattern. Volumes not bad too, good buys. Got in again at 174.5 after i saw it was moving in a tide range of 174-175, thought of a good support coming at 174. A motive wave , ending diagonal formation?? http://www.elliottwave.net/educational/basictenets/basics2.htm Figure 9. It fits perfectly and soon to explode north. Opinions?

sorry guys you have great comments, superwhip i have been reading carefully all your posts, you provide valuable information constantly, did not mention your names as we have been chatting for awhile with sirbob and netley.