Member Info for Peoplepower1

Thank you pedro61 - you are kind.

Thank you pipedreamer, please take as much time as you need.

Please put your reply on this board. I'm sure there are other Boohoo posters who will be interested in your reply too.

I don't see anywhere in the lse rules that you can't talk about other shares on, for example, a Boohoo board. There are posters on here who mention other shares besides Boohoo.

Pipedreamer - I have another favour to ask of you if you have the time and wish to do it. I know it's not about Boo and I hope all posters on here will forgive me.

Is there any chance of you taking a look at the Tullow Oil Chart and letting me know what you think of it on this board?

I'd love to know what you think.

Thank you pipedreamer that's brilliant.

I look forward to reading your post on the footsie and the Dow to see what you make of them.

Please keep posting your predictions, I love your posts and learn loads from them.

Sadly, I think those that viciously lambast you are too frightened to learn from your posts.

Buying and selling shares are a learning process and everyone makes mistakes.

I love to learn from your posts.

I hope you'll be able to tell us in advance when the property market bubble is about to burst and the stock market too.

Many thanks for all your analysis and hard work. I appreciate it. Please never stop posting on here.

I've read that the AIM All Share Index has been in a bear market for about two years.

It needs to get past 770 to enter a bull market.

At present it's at 732.

It's worth noting that Tesla stock more than doubled between December 2020, when Burry announced he was short, and its peak in November 2021. However, it's now given up all of those gains and more, meaning his call is looking prophetic — at least for now.

From the link below

WeeWee - you need to read this link

https://markets.businessinsider.com/news/stocks/big-short-michael-burry-tesla-stock-price-crash-elon-musk-2022-12

Thank you pipedreamer. I hope you enjoyed your outing.

Thank you pedro61 - you're very kind.

pipedreamer - I've another question for you.

What are your reasons for having always wanted to buy Boohoo?

Obviously, not at this price, because all your hard work and analysis tells you the Boohoo price is going to go lower.

Never try to get rich quickly.

Try to get rich slowly.

Thank you pipedreamer - great points.

Pipedreamer - great post.

Could you read my post under subject - Weekly MACD a Buy - I'd love to know your thoughts.

Jamesss - also from my learning, only put a small amount of money into a share in the beginning and then watch it.

If it goes up, then buy more.

If it goes down 7%, then sell immediately and your losses won't be so high.

Make a note of what's happened or what you think has happened to learn for the future.

Stick with a strategy that works which doesn't lose you too much money.

Jamesss - from what I've read, the lesson is to wait for buy signals before buying a share.

If after buying a share, it goes down 7% from the price you bought it, then sell it immediately because it's likely to go down further.

If the share price rises and then goes down 7% from the highest price, then sell it immediately because it's likely to go down further.

Never add to shares to average down on your share price.

Find a winning share and don't put more money into a losing share.

Bale said in 2015, of meeting and playing Mr Burry: “He’s a man who knows himself incredibly well, and has a brain unlike any brain I’ve ever come across in my life, and who has not only this great understanding and love of numbers and feeling for numbers, but incredible emotion for the consequences.

“He completely understood what was happening here. Viewed himself not as a hero in the slightest.”

Https://www.independent.co.uk/news/world/americas/michael-burry-stock-market-big-short-b2395947.html

Forgot to add a bit more so a little reminder too of my previous post.

Pipedreamer or any technical people out there - I read some time ago from a poster on here that the time to buy a share is when the Weekly MACD is a buy for that share.

What do you think?

Another one I read from the book Market Wizards and I think I've got it right. If on Weekly for a share the MA20 is 20% below the MA5, then this is a buy signal for that share.

Again, what do you think?

Jamess - I've read never buy on an oversold signal because it can go lower.

ASOS, Boohoo, Quiz, Sosandar are all down today.

There's a big short on the S and P 500 and the NASDAQ 100 falling hard. This is from a person who did the same on housebuilding in USA in 2008 and made loads of money.

If the S and P 500 reaches 4330 and goes below, then this will be bad news for all markets and shares worldwide.

Investors are jittery.

Be careful out there.

Always do your own research.

Pipedreamer or any technical people out there - I read some time ago from a poster on here that the time to buy a share is when the Weekly MACD is a buy.

What do you think?