Evening all. Don't know if it is relevant to today's excitement, but the AU price is creeping up again. FTSE is also looking a bit peaky IMPO. Any bright ideas ? Honeymoon not over all ready surely.
Laks. Thanks. Playing with a combination of 5 technical indicators on a 2 hour, a 15 min and a 3 min chart of a high volume stock. Plus an extra tech on the 1 minute (3 in total on the 1 minute). So far, so good. Actually made money last 3 days. So I shall try this combination all next week and if any money left or made, then I will try a small experiment on a PM next Friday and the rejoice or regret. Why do I mention this: because I was 'inspired' to try something because of something you said earlier this week plus an aside by NWCS and Bonker. All different bits of grist to the mill, or threads in the tapestry of life, etc, ad hoc and ad nauseam. Bon Weekend
Hi Chukkers. Listen sunshine, I was designated as a nutter early on by a certain person on the Z bb, so I have a class of my own to maintain. That Lakshmi is cooking a steak for WM, is almost beyond comprehension, and no shame either, so as a dog cautiously approaching the rich man's table for the few crumbs of erudition, knowledge or sparkling wit that may fall to the ground, I dare not look up lest I am chased away. I know my place, but yearn to be called higher up the table. Now that was a load of old tosh, glad to get it off my chest, so what's the news, the scuttlebut, the inside track: anyone, please.
Good Evening Laks, et al. Suggest you leave NWCS alone, cause high levels of intelligence are a bit thin on this BB. IMPO. We need all the IQ we can get, just to raise the tone a bit. Hope you had a good, stress free day Shalom
Can I join. I had a bath and put clean clothes. Still a TOG though. Joy to the world. PS. Lakshmi... the grey cell has been working Direct or indirect assertions for consideration: You have an Asian pseudonym, but may not be of Asian heritage You have some of the Welsh language but may not be Welsh or live in Wales any longer. If you still live in Wales and have some of the Welsh language, then perhaps Aberystwyth is not very far away as it slips off the fingertip easily without apologies for mistakes If you have an interest in chemistry, perhaps you could be a chemist or pharmacist as you are not available to the BB at regular hours. Possibly you twiddle on your iPad when you should be doing other things as your comments are often short and occasionally terse. Being so curious if part of my persona but sorry if it offends. Shalom
Pepe... Sorry for late reply, but no longer read this BB as before. However my SBLM shares still appear to have a value on IG, in my ISA account. Yes to your comment, I am still in XTR and VAST too, but sold a few to get into MYN, SML and HNR. Showing blue on those last three and they have already made up the losses on the actual X and V shares sold. I am hopeful of the X and V shares producing good value in due course, but needed to have some more immediate joy in trading. ATB.
Lakshmi. I once thought as you do, but since I reverted to simple share trading, it has been so much more restful. Yes the abilityand buzz, if you get it right to make a few hundred or even a thousand in a few hours is entrancing and, IMPO, entrapping, but, if you need to go to the loo; a glance at the screen before you dash off and then returning a few minutes later, all gone. Waiting for the bell at 8 am to see your trades shoot up or down is enervating, but is not living, IMPO. So my lovely (a local expression), live your life how you will but, if ever you stop long enough to reflect, is it actually living. Whatever, cherie, enjoy, but not at the expense of your health !!! Bon soirée
Northern.. Since my earlier post, kind people have fixed the problem and we are now back to normal colour......red. However, there is malice afoot because I notice that Vast is waking up, and the other three mentioned earlier seem to have recovered from their tea break and moving north again. Shall I see blue again ? It was probably WM's fault 'cause he was talking about one share defying the laws of gravity. Dangerous stuff. Problem with IG is that they value the share on fairly recent bid price at 2 decimal places most of the time, e.g .02 and that can be a bit depressing if it is actually steady at .024 On 10M shares, that is a big reduction in nominal value. Still keeps me more realistic, I suppose.
Good Morning all. A bit late but others are still in bed anyway. Lakshmi,reading your reference to Bonks re. HNR yesterday evening, I got the impression he was not willing to make a hard and fast comment on which way the SP would go, even though he was being pressed for 'advice'. However reading the considered and deeply researched XXX Wise Persons on here this morning, after due consideration, I sold off a few more static shares elsewhere and added to my holdings in MYN, HNR and bought into SML which had become affordable for me. However, there is something wrong with my shares listing on IG, in that some numbers are now in blue instead of the seasonal red. If it persists, I shall complain to the management. I will, if permitted, concur with your opinion earlier as I understood it, that the probability of a rapid vertical movement northwards of PM prices is deferred pro tem. Looking at the hourly movements of Au, Ag and Pt as well as the S&P on a large screen, I get the impression of a repeating wave pattern or whipsaw common to all three PMs but not in relative harmony or even persistent discord with the movements of the S&P500. So, knowing precious little about the technical arguments behind this, my cynical mind suggests that the powers that be, will try to dance on a pinhead without falling off until the end of the year so that their balance sheets look 'proper' and then if things go pear shaped thereafter, it can all be blamed on the new US administration, Brexit, the Russians, China, the EU, any, and everybody else. But then what do I know. Bon chance.... got to go and pick the wife up from hairdressers so this ignorant rant must stop. Who said good ?
Hi WM Thank you. Not a bad day really and better than I expected. The next few days on Vast and Xtr, look to be interesting IMPO. Eh bien, je suis fatigue. Bon nuit a tous. A demain !
Will you two stop talking foreign....? We do like to know what you know, you know. Best
WM I know I am a nutter. My wife, children and grandchildren think so, but somehow I have managed to survive financially and if AU continues to behave, then I will be happy. If MYN does get its running shoes on then I can get back in, but equally I think my new acquisition is likely to yield a significant return in due course, so I made a choice to get in there at the very bottom. Right or wrong. ATB anyway
Good Afternoon all. Following conversations earlier in the week, I bought a few of the above but did not have the courage to buy more when they went real low the other day. However once I thought I could average down a bit this morning, I bought a few more and then sold out near the top, as it was then, and put some of the cash into ALO, with a bit left in reserve. I was reluctant to stay in MYN as there seem very little real trading enthusiasm, so hope I got it right. At the current price, unless the SP goes crazy this afternoon, Laks, you missed a little but not a lot. ATB
Lakshmi, The restaurant takes it responsibilities to the clientele very seriously. The menu even has an option 'furred aid'. Sad really
Cats. I am told there is, or was, a restaurant in Singapore where you can choose from the live felines walking around and then choose the way you want it served up from the menu. A suppose a tough one might be listed as 'puss in boots'
I have mine held with IG, but they are still showing at the suspension 'value'. Perhaps I had better not press anything, as a reduced value is better than zero value. At least until XTR replaces the losses. I hope
Hi Bonks. What have you missed ? Just a little. Not a lot !
Evening all For those with a spare grey cell, the following is worth a re-read before buying that 'bargain'.... https://m.reddit.com/r/weedstocks/comments/1xydch/market_maker_speaks_out_ways_of_a_market_maker/ Bon soirée a tous
Yes. Sometimes, but if I was responsible for large sum of cash, I would not want the pressure of causing apoplexy on a share just because I had purchased a measly trillion shares in XTR or LGO. Time for beauty sleep now. Probably a wasted effort, but worth a try. Goodnight all and God bless.
I have read all the contributions to this 'Speculative' topic so far, but, as I have probably not explained my query sufficiently, for those still awake, I will break it down. 1. Forget I said hundreds of billions for the moment. 2. I only have 1.24 billion USD. 3. After changing it into £sterling, I now have £1 billion. 4. S&P collapses, massive problems with Uncle Sam's bonds, mortgages, bank liquidity, etc, etc and so the USD falls in value against the £ reaching a level of 1.55 US dollars=£1.00 5. Various tactics employed by the FRB to raise the value of the dollar but the new interest rates only make the debt and default situation worse. 6. Uk BoE also raises interest rates to match the Fed, but if the U.K economy is in better shape than the US, then the new US dollar to pound ratio remains. 7. Eventually I decide to change my £1.0 billion into USD and get $1.5 billion. Gross profit of over 10% Multiply that by a few hundred to get my original speculative 'currency trades' Is the above so far fetched or not, because if an idiot like me can think of this, then a cleverer and richer investor can do the same but in a more subtle manner. Or not ?