Member Info for Madpunter

I bid on two lots of two bottles of Barolo Riserva 1947 Giacomo Borgogno & Figli, but was unsuccessful. However, having now seen the label, I have tried the 1982 vintage when I was in Rome about 12 years ago. It was very good and I asked them to soak the label off for me to take home. Somehow, it was missing by the time I got home and I couldn't remember the name. I did try quite a few on that holiday and as I thought I had the label, I didn't put too much effort into memorizing the wine. Your recommendation prompted my unsuccessful bidding, but now I know the name of that wine I will buy some. Thanks.

Thanks ma5k. Looking for16p or 11p for a possible bounce, unless there's a stonker of a RNS and Laks starts ribbing again.

After the steep rise from last months low 20's to low 30's, there hasn't been one single trade yet today. Retrace, or a little stall before continuing to rise?

Starting to look oversold and good for a bounce. Any charts?

Laks - I doubt if Iran would export any, if they were invaded as their terminals would soon be targeted. As for the Saudi's, they may embrace the situation to off-load Aramaco with a very high oil price, before resuming production. All extremely unlikely, but can't be totally written off, just the same as the opposite argument for the collapse of oil through electric cars. Extremely unlikely, as lots of other uses for oil, but can't be totally ruled out. It's the old bell-shaped probability graph, the extremes are unlikely, but can't be ruled out.

Laks - I agree it's highly unlikely, but if there was a major conflict in Iran, it wouldn't just be the loss of oil production, but also the disruption to the shipping lanes.

If Trump were to invade Iran. Unlikely, but after recent events not totally impossible.

PoO to hit $200 or even $300 per b is a possibility, but even though I am invested in FRR, which would benefit, I don't want oil to hit those highs. If those prices are reached, it will be because of a major conflict in the Middle East and the negatives outweigh the positives IMHO.

Lakshmi888 - That's why I prefer the Anti-martingale, as the mining stocks are still rising out of a low point, which can only add to the takeover price for ENSA, when SOLG SELL. The future demand for Copper, due to electric cars will soar. Therefore, by buying into a company near the bottom of it's retrace, I benefit from the company cycle and the commodity cycle. With my other main holding, FRR, the economic/political cycle also comes into play, as Georgia needs energy security and the USA wants to reduce Russia's control of the region's energy.

If you click on the 'Martingale' and read the Anti-martingale, then I think that the sentence copied below is very relevant:- If on the other hand, real-life stock returns are serially correlated (for instance due to economic cycles and delayed reaction to news of larger market participants), "streaks" of wins or losses do happen more often and are longer than those under a purely random process, the anti-martingale strategy could theoretically apply and can be used in trading systems (as trend-following or "doubling up"). (But see also dollar cost averaging.)

The sellers will have been PI's over the last month or more, when the sp was down in the low 20's . The 25p price is the average that they have paid while the MM's have filled the order. Look at the volume on the chart below, this has taken a considerable time to fill. http://www.hl.co.uk/shares/shares-search-results/s/solgold-plc-ord-gbp0.01/share-charts

If these posts keep appearing out of sync., then any conversation will be like something from a 'Two Ronnies' Sketch.

Lakshmi888 - If it's still not fixed by the BH, they might have to work or they'll soon be paying back subscriptions for a second month.

They must be praying for this Bank Holiday Weekend to come quicker. Will the extra day be enough for them to sort the problem?

ma5k - The price is rising now and the ma200 resistance should be tested again. Also, the large sell gives an indication of the strength of support @ 25p.

There are 4 x 5m shares, 1 x 4m shares and 1 x 3.4m shares trades cancelled on FRR over the last few days. Just when the buying gathers pace a large sell appears. There's suggestion of Mm's abusing the system and others who think it is the footprint for some large transfer. Anyone here with experience type of share trading taking place?

Only just read your reply after your viewing of the Stevo Timothy YouTube. He takes the P out of everyone and couldn't care less about political correctness. Some don't understand his humour and protest, with one slating his sketch on the disabled, until they found out that he is disabled. His video of Farmer Michael tries Boojum is a favourite, and also the one where he gets 'toilet water' for xmas. https://www.youtube.com/watch?v=PTV3IZMjXfY https://www.youtube.com/watch?v=yljEX1VaR8w

Lakshmi888 - There's one 'Evernton' fan you might like :- https://www.youtube.com/watch?v=BbJKQM4LLLo Stevo Timothy - Farmer Michael and Kathleen.

I have to avoid buying them as they're cheaper if 3 tubes are bought and I find it impossible to open one and not eat every one! Three tubes never last 3 days!

Lakshmi888 - I wondered who would spot the error first. As for the rise in gold, oil and minerals the article is more on the long term cycle. After your retrace in oil going long looks good for long term. Good luck and plenty of chocolate for the stressful moments. I can recommend Hotel Chocolate's Rum soaked sultanas enrobed in milk chocolate.