Member Info for OsakiSushi

All it took was once footery wee Spanish bank to require an emergency bailout and it all went wrong... Logic suggests currently open for Tuesday around 5082 and an UP day, though the only strength seems to be coming from the insurance sector with a small help from the oils. That may change if BP buy some of that expanding foam from B&Q and finally sort out their oil leak. The logic will remain valid if the DOW closes around 10155 Riddler, I'm finding it impossible to call beyond the next 24 hours. At least we'd more trend changes today so it's getting better. I think 5 more UP/DOWN trading sessions at least (prob 9) before a new trend is established. Looking at the 2006 CCiMA and RSI positions for this time of year, we're mimicking things pretty exactly. 'Twould be lovelly to have a 2006 session for the rest of the year.

Just looked at the chart for PIP. Duh. Maybe the movement is a death rattle. Then again...

This one is actually interesting. The price isn't far away from its most recent high of 3.89 (64 days ago) but the low level trend has ticked upward. No idea who they are, never come across the epic before. The other AIM stock mentioned was RGD

Not huge potential but does look like it's getting ready to twitch.

This one looks like it's being set up for movement within the next few days. Short term target 77p but looks like it's a killer spread.

I just went through my end of day figures and noticed something odd. For the FTSE All Share (The top 600 stocks) I've 197 sell warnings due to ; "Intraday High Lower than yesterday but close share price up on yesterday" That is generally a signal a stock is about to drop from the top of its cycle. However, the 197 stocks all have a RSI_6 strength of 10 or less suggesting they are pretty close to the bottom of their cycle. If indeed this sort of price alert is simply suggesting volatility, the further suggestion is that Monday is going to be quite exciting as fully 1/3 of the market is ready to move and the RSI strengths suggest that movement will be upwards. So, if someone can gag Robert Peston, Bloomberg, the Greeks, the Germans, the French, the Icelandic volcano, and Andorra.... we may have some fun coming.

Logic currently suggests the market will open down at around 5012 and then do something else. I'm wondering if 'they' will force it down to the 4950 fib line in the morning at open with the intention of letting it come up.

Wow. Was bang on prediction for the first couple of hours then it all went sort of wrong! Looks like Moosh's comment about the FTSE hitting 4960 is going to come right sooner than I'd have believed.

Been running some studies on FIB retracements on the FTSE components and the results are quite interesting. A few such as BP and Aviva are at 50% whereas 38.2% seems to be the norm so far. If RBS heads to its next level, it will bring the price to 39p which is also the lower 12 month trend line. Interesting daze indeed.

The spread was mad when this opened this morning and I waited 'till things were tidied up. Decided to close the long position quickly as the stochs were telling me something. Not the easiest intraday trade.

This one popped up today as being of interest for movement. I've looked at the chart position and will view the spread carefully before jumping in.

One thing I seem to be picking up is shares that are going to have movement. However... movement in which direction is the thing we all want to know... BSST is a case in point. All my formula could say is 'it's going to do something' and from looking at the charts, that 'something' was sortoff obvious and was proved out by the actual movements. Similarly with 888 today. During today, I decided to view the RSI positions along with MA's and CCi's for those who had predictive movements and as a result, refined my formula to choose only those stocks whose short term RSI was in the magic 30-70 zone and MA 5 & 8 was below the current price whereas the 16 and 24 were above. And also, the share price had broken through the HIGHEST PRICE trendline for the previous 39 days. This agressive (or wimpy) formula produced just one single share in the top 250 stocks for Tuesday so it will be interesting if anything actually happens with it. Personally, I will go long with LSE Spreads or Paddy Power at open as I like the chart position for a short term intraday punt. My 'global' formula says Tuesday is Flat to Low downward pressure for early trading across the market though the DOW close suggests the FTSE will be up by around 0.5% at open. Another day, another stop loss triggered... <grin>

Despite the suggested trend for the market being flat to down tomorrow, SYR was flagged up tonight as having some short term potential based on recent movements. Another I am liking from the very short list is SPI

Concur. Still wonder if Monday will bring movement? Bet you check it as I surely will. Spent today refining my formula and 888 keeps appearing as viable for a quick movement.

This one is interesting. End of day run rated it, alone, out of the entire market as having had price/volume movements recently with the indication of an imminent rise. If my software makes it three in a row, I'll be surprised. I've looked at the chart and to my eye it's coming off the boil and I personally would not be aiming to buy in first thing Monday.

Ouch. Think today set us all up for a miserable weekend.

Two things just happened. I read your post and then noted the RNS today. The previous time PYC surged, the ramping gang were able to mitigate the immediate effects of reality. Looks like that is not happening this time. If it's any consolation, I've also got a few of these but luckily my average is a tad lower than yours.

Just ran my sums for the entire market and this one popped up as having broken its recent trend and heading upwards. Please do remember that I'm a day to day trader and just look for viable short term movements. Whilst the formula worked out well for today, tomorrow is another day and glancing at the charts is essential. The full list produced for tomorrow is; ASTO.L CCAP.L FFY.L GOAL.L HEGY.L HRCO.L MWA.L POWR.L ZEN.L AAS.L DNE.L GSDE.L HDY.L IPU.L LWB.L PHTM.L PNL.L SDP.L SDY.L SEPU.L SST.L THRG.L VIN.L WIL.L Worryingly, not one of them is a FTSE 100 which may mean a nothing too interesting is going to happen. And if anyone knows anything about linear calculations, please get in touch.

Did you get that email and attachment I sent the other day? I just received an 'undeliverable' error message from the 'Postmaster' email address I have for you.

Running a new formula and this 'un was the first to pop up as a 'BUY' alert due to recent share price movements and momentum. I've briefly glanced at the charts and thought, hmmm. Anyone know anything about this lots history?