Member Info for pipedreamer

Somebody remind me.Wasn't it around the 34.5p mark where he dipped in recently ?.Will he do the same again!!?.

T4G,i understand your frustration with Moneysponge.I have asked Moneysponge again to explain his TA of Boo in detail.

I have yet to get a reply,anybody would think that i disagreed with him about his point of view.

.What i don't understand about this site is why when people post,they are asked to enlarge or explain in more detail,they decline.It makes a mockery of the whole principle and purpose of this or any other Forum.

Pedro you are spot on,with all your points.We are in limbo waiting for news.Iposted all the caveats in my posts before that still stand.Including MA making any landing a softer bottom.It depends as you say as to what news comes out.

Alex,algo trading is built on Math calcs and charts.Some on here think charts are like Astrology,which is a big stretch!!!.

So you are correct in what you say.

Uncle Doug,spot on,i've been pointing this out for years.Even Deborah Meaden said on Dragon's Den a few years ago that "the Hight Street is dead",in such a manner as if it was common knowledge.And it is!!!,and most of all,it won't be coming back.Not in retail etc.anyway.

T4G,Pedro did say it was in limbo and that it would depend on what news comes out.So he has in a way conceded that if good news came out, the s.p.would go up.Which i suppose applies to many a shares S.P.

All a bit boring on here,If you're bored today you could always watch tonight's episode of Person Of Interest on Alibi.

A work of art.

A very difficult chart to read.Even the intra day lows confuse the picture,as they don't tally with the closing price lows.

So where does one take a starting point from ?.Confusing!!!!.

Do you see the move up from the last closing low of 32.63 as a corrective move ?.Then followed by 3 more waves down,which will ultimately take us below previous lows ?.Only hope for the Bulls then is for a softer landing if M.A.decides to dip in again ?.

I can see that you are using the close on the 18th of March of 157.5 to get your 22p figure.Would you not agree that this being a very volatile share, that intra day lows will breach some of the calcs,some by hair-raising percentage undershoots!!!!!!.

So how about this.A lot of posters rejoiced when Norges bought.I forget what price they bought in at,or whether they sold and at what price.

MA is the buzzword now,but what happened to his Debenhams venture!!!?.Assumptions are the mother and father of all **** ups,said one general in ww2,meaning don't make assumptions.Are we in danger of doing just that ?.

Just asking,so we start another discussion away from the Pedro/T4G ding dong.I do respect their opinions,it's just that i thought i'd open things up a bit.

The next move from here should be down as far as i can tell.A bit dodgy trying to read a 2 minute chart,but it looks that way.I wonder if MA is going to dip his toe in again at 35 or 36,and give the shorters another lesson as to how dangerous it is for them to short at these levels ?.An attempt will be made to push it down from here.Let's see how successful they are.

For me this is the one reason why i think that 25p is unlikely,and that anywhere between 32 and 35p (if it gets near there),the shorters will be worried of a sharp Bear squeeze again,as they envisage,as i do, all those Bulls sitting with their finger hovering over the buy button.

We shall see.GLA.

A high of 40.79,and a low of 30.All in one day!!!.

Sorry guy,you'll have to explain your reply to me,as like others on here i reckon,i can't follow what you mean.

PP1,grooming ?,don't follow ?.

A dip just below 36.77 (last recent low),then a rally to 38p ish or higher to test 40/41p again.If igoes back up to 40p,it will mean that we are still in a longer sideways corrective phase.

If it goes to 38p and doesn't hold and heads down,that means the corrective phase is over and we are in a bear phase where lower lows will be coming.It's difficult doing smaller time periods,but i'm testing myself and learning along the way.Of course i'm up to being wrong,and i can live with that.I'm speculating.Let's see what happens.GLA.

Agree entirely Voltaire,thought that the other day,all that will be left will be big Retail Parks and online.

Jeremy,interesting,i like your points,and you post well.You must post more in the future,looking forward to your comments,as i know i can never be right all the time.

Jeremy,you can if you spot what appears to be a 5 wave down move.If you think it might go lower,it's something you would be aware that could happen.The move up from the last bottom,is it a 3 wave corrective move,or the start of 5 wave up move ?.

Smaller time moves lets you extrapolate as to what MIGHT be happening.It's just at this point you are looking to see what may happen rather than not looking and being caught unawares.I think it may go back down to the 32/33p (based on my long term analysis) again,one needs to see if whether,and if so what price MA decides to have another nibble.

Looking at the 5 minute chart it looks as if we are going back to 32/33.It's never cut and dried,but that's my take on it.A small correction is going on as we speak,but that will peter out.

If i'm right, i expect M.A. and the rest of you will top up,which seems like a good idea if you are a Bull.I still think that it will take quite a while yet for it to break out of the 30/40 range.Of course i could be wrong,i don't really do short term investing calcs. I prefer to wait longer and sit on my hands and wait for some good News fundamentally,coinciding with TA lows.

Just to ask,where do you think the bottom of Asos is ?.And does it tie-in with Boohoo as to when it will finally bottom (we know that 30p on 28th of Sept,was the last bottom.)

We seem to have some new posters.May i respectfully ask them to give us their reasons technical or otherwise,as to why they have bought or looking to buy.So Slacker fatman wessley TheNorthern razor parsnip Alex et al,if i have missed your analysis apologies,but please indulge me.Thanking you all in advance.

Thanks for the replies.Makes it clearer,and makes a lot of sense.

Tesco tried to break into the U S market.I thought it was a tall order.I went into a Publix Supermarket over there,BIG don't describe it!!!!.Good luck to Boohoo with their distribution centre over there.What spoiler tactics do you think the Yanks will try ?,legally of course .

The reason why posters come on here who don't hold is to feel out other posters to find out who are smart.This helps with their decision as to when to buy and when to buy.Simple.

I reckon there could be one more down move to come.How low price wise i'm not sure.Remember the actual bottom so far was on the 28th of September when it hit 30p.So technically, all since then is a bumping along the bottom.

Everyone is waiting for Good News economically,so it's a sit and wait thing.Patience as some are saying.

So we wait.

Yes i think you have summed it up well.

Somebody made a comment that some News ?,was due out in October ?.Can't see anything.Anybody know what the poster was referring to ?.

That wasn't Wyn,that was me!!.