Member Info for OsakiSushi

Volumes up on short term average by 168%, RSI position nicely primed. I think you're about to see it spike upwards and the movement today was a prep. However, no buy indicators visible on the charts.

I'm going to tweak my software to provide RSI's based on stochastic trends, based entirely on intraday highs and lows. However, more interesting is what the farmer is doing! My office window overlooks a field which the farmer uses to train his sheep dogs. Today, it's chucking it down with snow and he's out there with two dogs making the sheeps life interesting. Currently, we've a snowball of around 30 sheep being herded toward the sea! As you'll gather, this makes programming difficult...

Software says imminent trend is flat to low downward pressure with the major miners taking a bit of stock. This is the same algo which said 'Flat to Low' for today which was somewhat incorrect by quite a large maginitude. Weird how something has changed as volumes are down, shares should be down yet the market went up. Maybe it's a Santa thing. Or I need to revisit my sums.

My software says Flat to very low downward pressure with only the major oilers dropping. However, volumes are still very low. The bright side of things is now Wogan has left Radio 2, I can stop listening to Doomberg until 9:30am and tune into Chris Evans. Whilst he was a national treasure, I could not stand his radio show. <grin>

I moved from default for intraday trades as it was either topping or bottoming on volatility, so decided to loosen things up a bit. I know you're not interested in RBS but the monthly / weekly charts are bizarre.

Thanks mate...:{ Out of interest, what timing periods are you using on Stochs. I'm on 60/6/3 for XTA

Immediate market trend based on sector movements: An UP day on the FTSE All Share. However, average volumes remain down. Really got it wrong for today - the flat to low downward pressure turned at noon into a fripping disaster. The only sector with any potential movement is in the major oils and I'm only showing 6% confidence.

As it's gone 'active', I think its new floor will be .4p. Using the other irrational movement 'LSE3' shares as a model, it should bounce up quite hard when it reaches that level. Still plenty of believers in regular chat to provide a support base. <grin>

Thanks for bring it up. Will keep a weather eye as it's looking about bottomed.

Immediate market trend based on sector movements: Flat to very low Downward Pressure. : No significant alerts on any sector. Pretty boring really. Maybe aliens will land or something. Volumes were low across the board today.

Hi there, I'm a software guy and rely on numerics, Moosh does charts, KiS does financials, GedW spots the good stuff, and Riddler tends to be right.... From memory, Moosh was punting 260 as the floor whereas logic suggested 304. Logic was wrong, as I was 'more wrong' than moosh. Looks like the down cycle has bottomed and Barc are entering a slow uptrend which will start to peak sometime mid /end January. We're starting to get higher 'intra day' lows which bodes well. Obviously news may upset logical movements! Oh, welcome to Premium. Feel free to comment as too many folk just sit back and read whereas the more brains who're paying for the privelige of thinking things out, the better.

Looks like tomorrow is a gently down start to the day. Uploaded the RSI's to the webspace. And moosh needs glasses. <grin>

Maybe flat. My 4pm scan suggested disaster for the miners but the last 30 minutes trading changed that. Guess it all depends on what news we are allowed to hear this weekend and who wins the X Factor...

I made a satisfactory profit. SOD IT!

Outlook for Thursday early trading is flat to low downward pressure on the FTSE with the miners taking a bit of stick. The longer term forecast is for a sunny Friday.

We don't argue in Premium, just correct each others misconceptions. <grin> Moosh had reconned Barc could relax further than it had, I'd felt 304 would be its potential logical bottom within the current cycle. He's looking more right than I was. What's happening with Barc has - to a similar degree - been happening across the board which is making things difficult to read correctly. Guess that's why it's called speculating rather than accumulating... Thanks for the link. Will have a read.

News is starting to dribble through that the UK may actually be out of 'official recession' which is a pity because my indicators show Monday being a down day and the futures closed Friday with the suggestion Monday is going up. Somehow, I suspect the media will pick up on the emergence from recession and the market will react accordingly. (X-Factors finished and I can't be bothered watching any more TV tonight...hence posting at this time of day)

Just read what I wrote about RBS a few posts back. Interesting the 6 billion deal they did that weekend in the USA never made the mainstream media. Guess it's being held back for the next HMG ramp.

I'm kinda liking the chart posit for this now. The MacD's are looking ok and we've a bunch of green gorilla's. Looks about right in daily/weekly/monthly. What's your take?

Analysis for FTSE All Share run at 5:26PM on 4/12/2009 Total number of BUY alerts: 5 out of 610 stocks analysed :0.8% Total number of SELL alerts: 209 out of 610 stocks analysed :34.3% Higher LOW but Current SP down. Could be a BUY: 51 out of 610 stocks analysed :8.4% Total number of Significant Volume Change alerts: 5 out of 610 stocks analysed Shares UP from yesterday close :198 Shares DOWN from yesterday close :358 Shares UNCHANGED from yesterday close :54 ****** Shares at the top end of RSI Cycle (Above a strength of 90):0% Shares at the middle of an RSI Cycle (between 30 and 70 strength):74% Shares at the lower end of RSI Cycle :4% Shares at the bottom end of RSI Cycle (which may fall further):3% ****** Indicators - M0 B0 I1 O-3 -12% SUMMARY Immediate market trend based on sector movements: Flat to very low Downward Pressure. :Oil Sector will keep things down. ******