Member Info for ma5k

Delayed data, but interesting Pbody...

http://pumpedordumped.com/heatmaps/heatmap.php

http://www.ma5k.com/trading/charts/PHD_Bottom.jpg

https://www.bbc.co.uk/news/uk-england-47454328

"It also does the 52 wk highs"

That should help 1onic with the shorts then!! :-)

(thanks again - appreciated!)

Good link (52 wk lows) - thanks Mick! :-)

http://www.ma5k.com/trading/charts/PHD_19-03-08w.jpg

http://www.ma5k.com/trading/charts/PHD_19-03-08w.jpg

Bottomed?

http://www.ma5k.com/trading/charts/PHD_19-03-08w.jpg

The chart was drawn last year simply for illustrative purposes... if gold does another rise (as it has) that could be seen as simply superficial volatility at the current overall level and changes nothing in the greater scheme of things.

Like I said, it's not what I'd consider likely but nevertheless illustrates how gold could fall from grace over a relatively short time (5 years?) and highlights the risk of taking *anything* for granted.

I think it's dangerous to take an increase in gold prices for granted... for a long time gold has been in favour as a store of value but this value is underpinned by vary little besides tradition. While it may continue to be the favoured 'alternative store of wealth' for many decades to come it could equally lose favour at any point and be replaced in this role... If you take a long view of the gold price it looks awfully like a mother of all bubbles and while I'm not suggesting a steep decline is likely, it is perhaps possible to see how such an event could possibly unfold over just a few years:

http://www.ma5k.com/trading/charts/Gold_2018-2023.jpg

Hopefully gold will remain a 'safe haven', but to take it for granted is surely folly?

If that petition gets through parliament then anyone under 6 foot won't be allowed near AIM!
:-)

A lot of drag 'n' drop then?

BCN

Understood & respected!
:-)

...& back to 0.3

Blimey, talk about volatility!!

Back to 0.5 already?!

Let it go lejjb?!

It's all very well looking at a share that's currently flying but chasing it once it's already taken off surely has to be the riskiest trade going?

If you were in last Friday at sub 1.5p then happy days but even if that were the case surely you'd have sold Monday after it bagged?... (I know I would!)... in which case you wouldn't have enjoyed today's or future gains... I can't imagine many who were in at the bottom didn't exit due to the high risk of a spike.

It may go up & up & up (& Sod's Law says it will!), but the point is that train has long-since left the station and the risk over time surely has to be exponential?

http://www.ma5k.com/trading/pics/Derailed-train.jpg

Only my own thoughts (you did ask!!) and best of luck if you decide it's got mileage & worth the risk!

:-)

Subjective

http://www.ma5k.com/trading/charts/OMI_19-03-05.jpg

Nearly 75% down in the last year?!