Ain't life great...or will be.6 Jun 2017 06:42
On a similar subject probably an even better pointer is the overall value of trades during a session a £10k buy as opposed to a £500 one for example. I used to keep these cash totals at one time which is ok for a few trades but I got bored doing 20 odd. Use whatever method you think is best, there are plenty of them. Tracking sentiment is hard but a rising graph line is a good pointer along with the vols, bargains, trade value and any good press. We have recently crossed over the 50DMA (6.29) & 200DMA (8.14) which the squiggly line theorists tells me is bullish sign. Must say I'd be more bullish if we crossed my 18 squiggly line, that might be a stretch too far this year unless Rencks is going to report stellar nos in September. Crucial will be the nos of Hospitals using P4 one can almost guarantee repeat business once embedded so it's more and more hospitals, increased connections and the rest will follow
in due course. New avenues will shortly be opening up (P4+) the neonates are now in operation followed by all paedriatic patients, other chronic diseases (sepsis) and a fully automated P4 (reduced workload). News from Italy & Spain (Q2) to come. Globally the P market is c $200m so at a guess the UK/Eurozone might be 1/3 so a hefty chunk to aim at once we are fully operational across Europe which should be this year. None of this is reflected in the cos sp/value
in fact the more positive an outlook for Sphere results in a lower value which ain't the way it's supposed to work. This will change once the market sees were not going to be a busted flush!