Member Info for onedb

Hope the day is good so far. I take your point on the big descending triangle though for Gold I look more at resistance and support ( remember 1550 has seen strong institutional support and next week FED will speed up its anticipated Sept (QE or Twist or Crack ;-)) distribution program , hence gold rallying) Same as the comments coming out of the ECB We could easily see a $50 rally or more . I find it very encouraging to see this above $1600 level now going to test a main resistance at 1620. For VGM what smacks as very odd is the fact that fundamentally a company with 680k ounces of reserves and 4.3m ounces of resources is valued at 25/26m pounds ! Screams of madness by any standard of mining ratios. Returning to decent production post the floods and just staying on track will result in more than a 100% rise from today's prices. If management can't deliver they should allow for a takeover and move on in life. THe focus on development is good but we expect results too ;-) So at this level both TA wise and fundamentals look to me as they are at the lowest of the low. So now I'd be keeping my eyes open for a strong improvement as it wouldn't take too much. Indeed we are seeing what seems as a double bottom. You know that if the patterns completes we are looking to test breakout at levels around 52/54 , long way to go so keeping my eyes on this . I spotted a nice reversal last, in at 29p out at 40p . This time a good August RNS will not only take this back to 40p but higher with gold's help

Are both EV/M&I resources or EV/P&P , both ratios are super low . ( economic value , measured and implied , proven and probable) . I struggle to see any gold mine with lower ratios . That factor alone must be immensely encouraging . Hitting the targets or getting closer and better , will see a major reval . At 26/27p it's getting a bit farcical. Any takeover will easily value this more appropriately .

Indeed post was quite funny ;-)) . On a more serious note , if one takes the resources vs the current mkt cap, this must be the cheapest gold mine out there or top 3 at worst . If Pax starts to deliver , and starts to achieve even the modest 65k , then we are in for a major re rating . Especially when he re iterates 75'000 starting this September . I'd be happy with 65k , 1400$ costs, gold at $1600 and a p/e ratio of 8, all of which would imply a more than double of the current mkt cap. Not to mention that if the production levels and costs are to hit sept 2012 -2013 targets we could be easily three times the current level .( at last too) .

I got my stop on QED this morning at 49p ! A bit disappointed. Nice profit but then on no shares the bid crept back up to 49.25 which was what I thought was going to be the limit . Oh well. I was hoping to sell at 52/53 and buy back 48.57/49 Guess I'll have to be content with a profit and look at another trade.. I've learnt not to get too upset with making a lower profit than expected. I kept my eye off the ball. On the EUR/USD pair you should have hedged it with CHF/USD. It has the best correlation. I saw GKP fall a bit , much like the FTSE .

On the intraday looks like this 50p level is about to be broken, with a steep ascending triangle forming . I don't take too much notice of intraday charts for stocks unless I am daytrading. The chart would be awesome if trading a forex pair. Lets see if volume picks up and we break this 50p level . As that will then continue into the nice upward trend of late

I do indeed, you need a platform with an editor for algos . In Forex you can use Metatrader4/5 fairly common platform , there are many others so check them out. So basically get on a platform with an editor . Learning how to write an algo is not too or over complex ( I am certainly neither clever nor over smart) Its just logical statements with basic coding. The hard bit is writing a good algo ;-)) Personally I have learnt fairly quickly just on my own with frustrating moments where I needed help but had to go figure out on my own. Such is life . Overnight I traded AUS/USD (shorted with an algo), Triggered by a signal , had a stop loss and take profit point . I woke up and all done for me. I don't do this for QED or small caps though. I suppose one could though. Reason I don't is that things move fairly slow on these type of shares and spreads are mostly cheeky.

It could well be the CFD's being hedged . Nice 100k trade earlier too . Good to see such trades

Pretty similar to yours in terms of short term target. Bulkowski study (which is basically an amalgamation of hundreds of samples) is pretty much indicating upto 54/55 for the first upswing then possibly a minor pullback to a fib retrace 52.5 ( max 49p) only to then continue to the 12month top so 65p . Hoping this time we see that broken . But one thing intrigued me , ie all the DMA small lots being bought. Indicating a stake being built possibly ,just swallowing up any amount. . An algo which has been doing so for a while now. Just a view. But the JV on Wembley might be behind this . Speculation on my part indeed. Am not looking at any other stock , at the moment , I trade Forex and Indices so I get pretty busy. I obviously know GKP and traded it in the past ! ( Big trade for me as I was in at 10p but sold way too soon ) THose days I wasn't looking at entry and exit points correctly at all. I'll take a look at the 2 you mention and will post on your board if I spot another reversal. breakout , bullish candle , even bearish views for good shorts. I trade both CFDs and spread bet.

Thanks a lot for flagging me the discussion board . I feel like more heads are better than one and there are only so many shares I can look at . I don't mind posting my TA but hardly ever read anyone's on these boards . I am not fond of ramps or deramps based on pure cheer leading pi's ! fundamentals or TA . The rest is not worth the time reading. Incidentally I wrote on the iii. qed board right at the breakout , shame I can't use my chart to illustrate my point and point out statistically a few interesting points that we will trigger . I do sense an order is being filled here by the way

Dingdong7, I would agree that the breakout is in place and statistically once we pass that point we are likely to see a nice rise . Yesterday the breakout was confirmed , a classic double bottom

built very well !! If you notice my previous posts , i was suspicious of this rise !! I missed it so I am gutted , but the fall at least did not surprise. THe rise was simply not supported by many buyers ! not on Plus markets or LSE . Now the drop is . Want to come back though to QED , long term its my property choice

From looking at Quintain all the way back from 9p till now , I have noticed something weird from the recent great rise from the 52 mark till today ! Notice how the volume is so thing and mickey mouse trades are making the share go up . This is weird and spooked me as Quintain does carry a lot of debt too , and somehow I am beginning to believe that the mms are manipulating this price to achieve a specific target when a share dilution will be called !! ( Brixton had this happen too and followed a similar pattern) I could be wrong but if you take a look at the trading levels then the 52 to 79 is weird !! 200 , 169 etc etc shares being bought and the share rises ?? there are very few sustaing £5k £10k etc buys > Just my view so take it a as an observation . I might be bitter as now I have sold . Though Quintain is certainly my best commercial property tip .

good rise in the past few hours ! up to 52p now

is someone sitting on key 1 and pressing sell the whole morning !! what on earth are all the 1 share sells ? someone has fallen asleep ??? hhahahaa

looked at similar QED type shares ie low SP to NAV ?? Its good to agree with the posts I read here , one of the boards I like the most for its posts .

bit of buying going through and the news on swine flu is making this interesting !! not to mention its products being sold in more outlets !! Are we going to re-test the 20p mark ??

if I read this well , Credit Suisse has just upped its holding passing the 10% mark from 9.03 before .

any hint anyone ??? If they are better than expected or worse will they necessarily impact the SP so much ? My view is that only something particularly good or bad will , and if the latter is the case the price will be taking a serious direction soon ( by serious I mean up or down 15%/20%) with decent buying or selling volumes before the results are announced ! So far i am confused as the bid at 53.75 was hit decently by QED's standards and the SP has risen with tiny trades. Anyone seen this both on LSE and Plus markets . If the results are bad why raise the price ?? so I am begining to have a view that they might be ok and the mms need the shares and are willing to pay a bit to get them , expecting a decent rise tomorrow ?? Do I even make sense ?? boh

No worries at all, I knew what you meant and from that perspective you would have been totally right and I expressed myself inaccurately anyway . Lets hope we continue now with some good gains .

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