Member Info for OsakiSushi

PXS is approaching an interesting area. Essentially, if any trades start to go though above 3.4p, it's probably going to do a spike. And if any trades are below 3.05, it's probably doing the wrong sort of spike. Since the LSE3 vanished under their respective rocks <grin> I've kept an eye on it as a lot of folk are trapped. 4p would be the initial stutter of a spike I would guess, then probably 4.5p. I've not been paying attention to the actual intraday spread and the real bid/ask prices. Obviously, an RNS with positive implications could change everything though. So, DYOR... and Big Brother has finished for the night so I can turn this PC off.

Dunno if you've ever woken in the morning and recalled typing a comment on LSE late the previous night when a whisky glass had been close at hand... There have been a few occasions where I've not wanted to login and see what I wrote. I commented on Lloyds in the RBS Premium area btw. Good luck.

I've done rather a lot of line drawing and calculations this morning. Lloyds and Barclays have both broken their upward trend since 19th July. That does not necessarily mean they are about to plunge, just go sideways for a while. It's too early to predict where they are going. RBS is different. It remains within its uptrend having tested and recovered from it in the last few hours of trading on Friday. Neither Lloy or Barc managed that neat trick. If RBS does drop below 50.2 (or so) on Monday, it's also broken trend. If it doesn't, I would not be surprised to see 57p tested by Wednesday. Suns out so no more research. Interesting times ahead as always.

Took a further look at what I saw in the market when I was prepping for the coming week last night. It does look like the FTSE is entering a sideways phase which will be broken should any of these numbers be exceeded in the coming days. Monday 5393, Tuesday 5382, Wednesday, 5372 (or so...) Anyone got any thoughts?

Software flagged this one up tonight as being of interest. The key number for Monday is 77.21. As long as no trades go through below that number, it looks like it is entering an uptrend with a logical high which I cannot calculate and sound rational about. Perhaps someone who looks at fundamentals could investigate and post their findings. As for the stock market today, I did nothing this morning except sell my RBS then buy back on the dip. Then regret it when I looked at what the FTSE did. Last night I mentioned 5333 as being a potential bounce point. I am really unhappy at the depths the FTSE plunged to and despite closing at 5332 the dip below concerns me quite a lot. Essentially, if the FTSE were a share and had taken such a chart position, I'd sit back and see what is really going to happen before getting involved again. I'd mixed emotions at dumping XTA at whatever yesterday when it hit 13p above my sell price today but latter events proved me right. It still remains within its up channel but I have no great confidence given that the FTSE looks awfully like a share coming off its top end currently. As for the banks, all three of the primary's broke their logical uptrend today. Software has not given an opinion on the market for Monday but I will. A wee bit down but Tuesday should provide a 1%+ UP day. Whether that's enough to nullify Fridays movements and stop things moving into a downward channel will be a comment for Tuesday night. And to look on the bright side, I could look an utter pillock by that point. Once the jobs report came out, I caught a ferry and vanished over to the mainland for the afternoon and was delighted to sit in 2 hours of slow moving traffic on the motorway for a trip which should have taken 30 minutes. The experience was a sharp reminder as to why I stay here and made last night's experience almost tolerable. A stupid deer with a suicidal tendancy decided to graze outside our patio windows to the rear of the house. My two Golden Retrievers were transfixed and went into hunting mode, one waking me with heavy breathing in my face. The other was attempting the same routine on my comatose wife which never works. I've tried. So at 3am, I slid open the patio doors to let the dogs out and all hell broke loose as the deer stepped over the wall into the forrest, the agile dog effortlessly followed, and the younger one which has just one fully functional leg decided to bark furiously. (hip problems and arthritis) Obviously, I hadn't noticed the sodding lump of mobile venison. All this at 3am. What fun it was, wandering in the forrest with a torch shouting the dogs name while it rained. Would I swap this for a 2 hour traffic jam just to give my daughter her birthday present. Naw.

74.8 is the baseline of the upchannel today. I noticed BARC breaking its baseline yesterday BUT has returned above it today. Generally I'd take that as a warning the trend is changing. The really dangerous number is 66p for Lloy.

Drivel First: This obscure AIM was sitting at the top of my 'potential within three days' list tonight. Essentially, the share price finally moved above the trend line from the most recent high - about a year ago. Since August 2009, the price has been pretty reliably declining until 9th June when some MM took pity and decided to draw a straight line. That line matches the lowest price it has ever traded at on those rare occassions when folk actually have dealt in it. So, on the assumption that this is as bad as it gets, I'm going to add it to my watchlist on LSE and will pay some attention if the price ever moves up from current. Important Bit: The FTSE was weird today and I decided to try and figure out why. Whilst there is generally a degree of jitters prior to the first Friday of the month when the US jobs figures come out, it just didn't feel right. I sold 3/4 of my holding in XTA today just because it hit the top twice, did a little better, then retraced. Still within its upward trend but... Anyway, I've appreciated the FTSE has been in a safe upward channel and is getting dangerously close to the bottom end of that channel. The bad number tomorrow is 5333. If that gets breached, we're going into a period of sideways trading I feel. And if we see 5311, the market is entering a logical downward trend. That's the bad news. The good news is the channel we're in has 5333 at the bottom end and currently 5500 at the top end. If the FTSE tests the bottom tomorrow and bounces, things are going to accelerate quite fast next week. RBS's upward channel continues. Top end is at 54.32 and bottom end is at 52.3 I notice today it exceeded its logical high which is generally a good thing (but it's RBS) and bizarelly came within 0.1 of its logical low. I've decided to do nothing further with XTA until the US jobs report comes out at lunchtime. Barclays stuffed me twice today. 327 seemed safe until I decided to bail. 324 seemed safe until I decided to bail. Looking at its upward trend, the bad number tomorrow is 323 . If it drops below that tomorrow, the uptrend is under threat. Software says the market will open UP tomorrow. Bearing in mind tomorrow is Friday, it will probably be wrong but given the DOWS movements at the close, I'd agree. But everything will flutter around until 13.30. When the market closed, I gave in and used a strimmer to cut the grass whilst my wife prepared a bbq. By 6.30, the grass was all cut, all the BBQ food was prepped, the wine was warming in the sun. And then it rained. George Foreman grills don't do authentic burgers. (we use minced pork with parmesan cheese and appropriate seasoning. Really good but not on a Foreman)

I remain confused as to why someone who is 'neither a share holder or a shorter' should appear on the board and in their very first post on LSE, place old information against what is a pretty obscure share. Obviously, one could even suspect there was a reason to deramp the SP.

Replied in Prem against the Lloyds epic. Good luck. My gut feeling this week is that (this is going to sound silly) it was Lloyds and RBS's turn as Barcs have had their day. Seems to be happening which is weird.

Hi there, I hadn't appreciated how strong Lloyds channel was as I tend to focus on RBS and BARC.The current intraday channel would see the price somewhere between 78.27 and 73.6 by noon today and between 78.8 and 74.3 by the close. The overall upward trend ending signal would be the price dropping below 66.5p which doesn't really look threatening. In other words, no panics immediately visible.

Recently, I've carried out rather a few channel analysis on stocks and it is proving rather worthwhile. Having the ability to identify the 'good' and the 'bad' numbers is worthwhile, especially if one understands what the implications are. Essentially, if my formula suggests the 'good' number is 'x' and the share price exceeds that, it is a reliable indication the price is going up. And conversely, for the bad number. (Though as I commented over the weekend, the FTSE did a nasty on the bad number in the closing hours of Friday and I suspected it was what I call a fake. Sometimes, it happens, generally when two trends are about to converge. I think the smart folk call it a treeshake but I prefer calling it a fake movement.) I decided to take a hard look at GKP tonight finally, having ignored it for a strange reason which is entirely to do with its epic. Currently, it's in prime position for a fake movement but there has been a change in the trade pattern from previous 'story' inspired spikes. However, if any trades go through below 83.339 in the first hours of Wednesday, I'd be concerned about my investment. The good number for virtually all day is around 95.877p Anything exceeding that will suggest the current spike is not a spike but actually a proper trend upwards. *** GKP is too much like GKN (Guest, Keene, and Nettlefold. A company I detested) Please, if anyone has anything they'd like an opinion on, please post against its epic in Premium and I shall comment it. From my own nerdy techie point of view. I'm doing this to make money but cannot - despite my softwares best efforts) watch every single sodding share in the market. I am getting fed up running analysis on 1100+ shares nightly to target my activities the next day as tonight it involved decisive chart analysis on 70 stocks which led to a piece of A4 paper in front of me with just 5 epics written giving 'go short' and 'go long' prices should the target ranges be exceeded. And just as BoredMum mentioned in her blog yesterday, I do not tend to post often on those shares I am actually dealing in. Except XTA and RBS, 'cos nothing I say will make any difference. And as for VIY, it's obviously going to do something. Please... XTA 1030 - 1120 RBS 51.3 - 52.738 Anyway, please post against an epic you want an opinion on.

Forgot to say , software says Flat to Low Downward for Tuesday. Which is going to be wrong because the FTSE will open up by around 0.4% tomorrow and we've some earnings numbers to come in which may bolster things. TW. broke the important 28.4 <just> today suggesting the downtrend is over. And be careful with ACTA. Yes, started it then stopped it and walked the seven miles home with two dogs I'd just taken for a walk... Will call the garage tomorrow.

Usually, I pick the first share from the FTSE All Share which shows a signal of trend reversal as my target for an evening comment. Out of the entire FTSE All Share (606 stocks) only 6 stocks produced 'Buy Me Soon' signals at the close today. But 285 had SELL ME signals! (generated when the average intraday high is LOWER than the previous day and the close is UP on the previous day) That signal generally gives 24 hours notice of a reversal. But I don't think we're about to see a sharp reversal - at least not 'till the US produces a duff jobs report on Friday at 13.30 So ACTA topped the AIM listing as posting a buy signal, suggesting the reversal trend since June has completed. Whilst the price did break above the down trend line, it closed right on it so I'd be nervous. No funny story tonight as I can't be bothered. Wife is coming back tomorrow so I just went to the garage and topped her car up with petrol. It's a VW Golf DIESEL... That's three hours of my life wasted.

Think you've maybe highlighted an interesting potential here. I glanced at the chart trend and essentially, any movement in actual share price above 6.3p or so in the coming days is liable to trigger a spike and yes, medium term target is around 33p. However, I'd expect a pause in the 8p region as folk who've been holidaying here since the June spike cut their losses. Back to the log shelter now...

Never heard of this mob but it topped todays list, so I've had a look at its chart. It has just broken the downtrend which started on April 19th which is good. If the SP drops below 65.5 in the first hour Monday, I would doubt whether it will do an illogical surge and the dangerous number is at 64.4 However, it has a mid term target of 120 and short term intraweek of 79. Software has no idea what the market is going to do on Monday. Something weird happened today with the FTSE and it broke below its trend which gives pause for thought. If it drops below 5227 on Monday at any point, I'm going to take a couple of hits as it is breaking below a sane trading channel. The however comes from the DOW. It has been steadily following the FTSE and should have closed down tonight by around 0.8% yet failed to do so. The strange movements in the last 30 minutes of trading today confused me, even by Friday standards. We've a rice boiling machine (best gardget ever) and the minimum amount of rice it can cope with is for two people. 'Cos I'm on my own, I decided to boil rice for my salmon and black bean sauce tonight. And I've forgotten how to boil rice properly. Even the dogs wouldn't eat my first attempt!

The dangerous number is 125.5 and the potential 142 tomorrow. Isn't logic nice, especially on the rare times when it works out!

Was browsing my list of trendbreak shares and came across this one. Never heard of 'em though their SP has done a pretty good job of following the FTSE. The 'however' is that has seems to have changed. It's support is at 108 and target a fairly unbelieveable 135 and from glancing at it, it's coming off support quite nicely. As for the market in general tomorrow, I don't have a clue. Today started with me holding a grin as the market opened up, then spending the day waiting for fireworks... My wife says it's similar to a night in bed with me. <grin and no, she didn't say that!> Software also does not have a clue what Tuesday holds. I've been browsing charts and think TW. is about to breakout. It did break the downtrend on Friday and the price closed above the trendline. RBS is in a similar position. I managed three trades today on RBS and left a position open from 4.10pm in the hope it opens up tomorrow.

Thanks for the headsup. I just looked at it from several perspectives and it does look like it's going all illogical. Last time the SP was in this position, it moved from the 80's to breach the 140's. The key will be if it closes above an intraday low of 119 Monday. If it does, there should be a potential entry point on Wednesday to maximise the surge. (Don't ask, it's a charts thing... Actually, it's not. If the SP does a quick daft bounce up, the panic profit takers will drive it down Tuesday giving an entry on Wednesday as the trend break still remains.) I've put CHAR on my mainscreen. Thanks again Alistair

Getting a wee bit concerned about AFE from a charting perspective. It's one of my long term mistakes and, like most of us, I sit back and hope a ramping team get active on the forums. The however comes from its long term lower trend. That particular line is now at a SP of zero. Its shorter term lower line was broken twice a few days ago and though the SP has recovered (just) above that line, it's generally an indication of a new downward drop. The upper resistance was broken in June and the SP has dropped safely below it again. Resistance and short term support converge at beginning of August and to my eye, any movement below 3.5 is a signal that I'm going to take a hit and escape. I think. <grin> Oh, it's raining so I don't have to try the lawnmower from hell. A thing called an Atco Royalle which amused me yesterday running after it on the front lawn when it took an active dislike to a hedge. Steven King could write a book about this model of lawnmower.

Hmmm. I do have 4 Oak trees at the back of the garden. Going to need a bigger zapper. Not sure whether to write about the mice or the truffles next. <grin> Interesting that I didn;t actually look at BDEVs actual SP when I wrote the previous. Had I done so, I would have appreciated a 6% rise was needed BEFORE the share became interesting. Oddly, think it may happen gently over Mon and Tue.