Boom - I genuinely think many just like based on author rather than content. Those liking that post should be ashamed of themselves. I am sure I speak for many - your contributions here are very high valued here and no one would question your integrity.
I have met inanaco and he isn't a bad bloke, genuinely hope he is well as his posts are increasingly worrying.
Rats : your post was complaining about smug "I told you so posts" - to which I pointed out only you and GF have done those the last week. Just odd to criticise others for a behaviour only you have demonstrated.
Scancell has repeated the big rapid rallying spike on news (granted this one was larger than we've previously seen) and then a gradual slow consistent selloff until the next news. I don't believe the composition of our shareholder base has materially changed and thus would probably be inclined to say we are at the start of a gradual selloff until the next news. If CH can deliver on the "next couple of months" comment or other material news hits we will fly again. For me expect to see a 1-2% daily selloff until the next news release. Not what a want, just what I am speculating based on what we've see previously.
Interesting and glad to see no gloating posts here the last couple of days from the doomies - hopefully rats/gf and others can see what class & humility is. Best of luck all - hoping we start rising asap.
I know charts have an almost religious like following and like religion best to be respectful in any criticism - I will attempt to be respectful but I am not a fan at all.
Support and resistance levels - I rarely hear this said by chartists so I always worry they don't understand what causes support and resistance. Its a level where someone big was buying or selling. It's a past entry or profit taking level. There are so many variables on whether that big buyer/seller is still active at that level that makes it in my opinion worthless. A big order filled once doesnt mean there is still an unfilled order waiting for that magic level. Moving averages - cute for telling a story and seeing the trend but as a predictor of future movements, not a fan. Overbought/oversold - same cute, but basic. RSI & stochastics can show something being overbought for months/years - it shows the strength of the trend based on historical actions of participants). I know there's some nice stuff on divergence indicators etc but I think these at best should be part of an investment process and not the driving force.
As you can see, not a fan of this type of analysis and its use amongst the fund manager community is quite rare and has been for decades.
I won't be paying much attention to what the charts are saying. Profit taking today - tomorrow will interesting for sure.
Just arguments for the sake of arguing. Absolutely ridiculous. BB for once has been half decent and there is at long last a sense of positivity yet some just cannot stand it and want drama hence this evening.
I cannot believe, WTP, GF etc managed to drag out "the hunt for evidence" chain this morning as well. It is very boring. An accusation was made, and zero evidence was found. You want to see gloating see GF's posts directly to me the last couple of days. The fact is if these guys want to engage in bad behaviour then fine - everyone can see it. Of they want to justify that bad behaviour with "you've done it for years" then fine - but as shown no evidence was found (and a hell of alot of effort when into it).
Draw a line and move on, I will not be engaging with any of you any further - the bb will be a better place for it. Some great posters knocking about who deserve more air time.