Member Info for OsakiSushi

Personally, I use ADVFN and subscribe to their 30 quid a month service which provides Level2 data - something which I usually find useless except with lower volume shares to choose exits and conjunction with chart positions. ADVFN's live charting is - to me - pretty useful. I've occasional considered subscribing to other services but ADVFN seem to be regarded as the better for UK trading. Their financial sections are pretty useful also. And their tech help is pretty good. Personally, I listen very closely when the grown ups in Premium are talking - it's always easier to let Riddler, Moosh, Kis, BM, GedW et al do all the hard work. <grin> Welcome to the asylum.

Bailed ACTA today as it seems to be getting weaker movements.

Actually, it does look quite strong to grow within the new range though the volumes are tailing off a bit from the recent surge. If you're playing short term, I suspect there will need to be a wee dip sometime tomorrow but longer term it looks sane. (I look to make a quick play within 5 days on shares I don't know, so tend to be careful about short term entry) Short term, I see strength to give 21p within the current cycle.

I bought RBS yesterday (again) and just noticed it's RSI on the 6 month / daily. Thought you may be interested.

Don't do it just yet would be my opinion. Think it's settling still.

Has anyone noticed that on non-volatiles, the PLUS markets tend to reflect the potential low point (BID) on current RSI cycles. I spent ages working an entry point for VIY and behold, on PMK it's sitting there. Ditto with RBS.

I'm sorta liking the current posit of TW.

I show room now for a further 5p or 6.5p movement on the RSI's now due to the strength of that intraday retrace. The end of day position on the 5day/60m chart is nice. Do you pair concur? Thanks (Sorry, posted in regular initially by error)

I've got a new theory. Analysts keep wittering on about this 10% correction required on the FTSE, I actually do not think it's going to happen BUT will happen over the next few weeks on FTSE 100 members. If we use 57.2 as a recent logical resistance point on RBS, it gives a correction drop of 5.7p to a new bottom of 51.5. Similarly, with XTA, 10% of it's recent logical high of 10.04 would bounce us down by a quid. Running FIB's on these two suggest the correction point is correct. Again, if this 'correction' happens in staggered stages over the next few weeks with various FTSE members, we're going to be in a period of opportunity with the FTSE itself not actually falling by 10%. Just a theory and any comments welcome.

Something is finally happening with GEM. There has been a change to buy volumes since the RNS earlier in the week.

The best I can see is, if their is a correction, it looks like being a 5 day blip followed by an equally sharp bounce to a new high. I pulled a decent sum from the FTSE 100's this week in anticipation and am playing the 350 and AIM currently with lesser amounts in the 'hope' the correction happens.

And I thought I was being clever! Nice to see you see what I see... My (absolutely discredited) set of algo's from last weekend showed a slow 'correction' this week, completing the dip this coming monday/tuesday with a low of 4740. Despite being proven wrong with the trend, the software now shows a low of 4909 next week, so the underlying pressure for a correction remains. I do intend to revisit my formula and have a firm talk with it in view of this weeks results. The only shares which trended 'correctly' were UKC and RBS. I'd emailed Moosh with some projections as I don't mind looking daft. He's been kind enough not to mention any of them in public!

Was a passenger for the last movement and the techs suggest a twitch is probable. So paid for another ticket... <grin>

Took the plunge at 0.29. Here's hoping it's ready to budge.

Took a quick glance at it - very quick. Looking a bit high daily, weekly, and even monthly. Most of which suggests a sharp correction may be possible. However, the period of growth in month view suggests you will still be able to walk upright once the correction happens. Now, as for GAL... <grin>

I've a fairly vivid memory of being in a class, bending a plastic ruler to see how far it would go. A whole load of FTSE's feel just like that today. I'm out of the majors again as I was belted quite firmly when the ruler finally snapped. Still playing the channel with RBS though as I think it's snap-proof in its current range. DAN is starting to look interesting.

Moosh, I think I need to buy a new drawing board! So far, I've successfully projected EVERYTHING which was supposed to happen next week.... Duh.

I'm liking AVE at present. Comments?

I received an email reply from Seymour Pierce to my query regarding a results RNS. "We do not know the basis of The Herald in Scotland's story; we don't believe that Vialogy plc had any intention of issuing its results today, but they should be issued by the end of September." Take from that what you will. To me, it means spending the next two weeks trading the range is probably safe. Anyone got a contrary view?

Concur. Prob worth watching for a downward spoke on YELL today but that's about it. Everything seems to be settling (but I said that yesterday also...)