Member Info for pipedreamer

Keep us informed about the 50ma,and when it closes above .

Well!!!!,thank you all for your complements.Much appreciated.I would have posted more points,but unfortunately at my age of 73 i had to stop,as it exhausted me.It knocked me out for 3 hours.It does frustrate me that these days i don't have the energy to do all the algo/equations that i want to do.I have written down some 60 odd algos that help me to find shares to invest in.I guess that should be enough.
I have found algos that pinpoint the possible tops ,it's just a case of finding more so as to get better confirmations of tops.It's an ongoing thing.Sometimes unfortunately the work knocks me out for a few days,then i go again.
I agree that i'ts best not to rely on one or even two methods for stock picking,but to take everything in.That's why i read all comments on posting sites.
I'll try and add more points over time,tho i'm a bit reluctant to share everything,not that i don't want to,but i don't want to come across as the next Warren Buffet (him i ain't ) and be responsible for steering people wrong some time in the future.
I'll post next about the "only put 2% of your investing bank in any one share (no matter how much you fancy one particular share)",and the perils of investing in a share that has already increased 18 fold.if you bought Boo at 415and it went to 830,an investor who bought at 22p sits on a 37 plus fold increase,but only a doubling for a 415p investment.
If you bought at 22p in July 2015 it took 5 years to reach 415.How many shares in the market (ok Aim as well )increase 18 fold in 5 years and THEN go on to double from that point ?, (a reasonable expectation for a hopeful investor).I don't know the answer but i bet at 415,there is more downside risk than upside potential !!!.

Sorry for the delay,(Dinner).I bought at 58p.I missed the dip on the 5th,i annoyingly mislaid some info on the share,so i was slightly late getting on.
I can't go into too much detail as it would take too long.But it is a combination of TA on it's own, and research that i have done starting off with a blank page.At 73 one discovers how things work and will become a billionaire in the next 50 years.
That's the trouble, as somebody nodded knowingly to me when i said it last week.It's only at the end of your life that you realise how to make money,and you've run out of time !!!!.Many people make the mistake of analysing somebody else's analysis.They read what the finiancial pundits in papers and posters on forums say,and then tell you they have analysed a share.DYOR !!!!!.
People are lazy in that they don't check what they have been told.Such as the Saying that "Christians were thrown to the Lions",factually incorrect.
How about this one.When asked what hairstyle a punk rocker has ,everybody replies that they have a "Mohican " haircut.BUT the Mohicans had pigtails.It was their enemy the HURONS that had the punk rocker haircut !!!!.People listen,accept,and don't even check.
I'll take this a step further.My first passion is Horseracing.Every year at Royal Ascot pundits come on tv and tell you that all eyes will be on the 2 year old races to see if they can win one of the big 5 classic races (Derby etc.)run the next year as 3 year olds.After the races they will quote fancy prices about the winners,and talk avidly for the next 11 months about their chances for the Derby etc,the next year.
Are they experts in their opinion ?.sSnce about 1973 there have been over 170 classic races run.How many of the Classic winners won at Royal Ascot as 2 year olds ?.Must be a lot because they have told everybody that those races are the key racesto find the winner.Well the answer is THREE !!!.One won in aa photo finish and one of the the other ones won in what was effectively a 2 runner race.So much for experts !!!!!.Yet i'm the only one i have known or read that has pointed this out.So DYOR and forget so called experts!!.
T4G, Fundamental analysis is put up for consideration,which is fair enough.But considering investors have balance sheets et al to read ,one can only assume that they are all reading different balance sheets,as they disagree.
I have read many posters on sites on here, including Boohoo, posters that have said that they have analysed the fundamentals and tipped Boohoo to go up ,ALL THE WAY DOWN from 415p.,I say so much for Fundamental analysis !!! !!!!!!!,not exactly a ringing endorsement !!!.

It's defined in the dictionary as an instinctive feeling,as opposed to an opinion based on facts.I get what people are saying but as it stands if facts such as Math is not involved then it's a poor basis to make a decision.
It's ok to say that you made a decision based on your own definition of "gut feeling",as long as you have backed it up in your own mind with facts.
But this is semantics.The true purpose of forums is to find out who makes the correct calls and follow them.After the high of 266p some years back,i posted at circa 185 that i was looking for a bottom of either 135 or 123.I never did get on at 139/140.
I came back on last year at circa 200p and suggested a rally at 152 looked possible on the cards.It crashed through that to circa 138 ?,and as it looked like a nose-dive on the chart,i sat back and observed.I posted a possible rally at 97p/104 ?.which happened ,and since i posted resistance at 66p,(it bounced up from 63 to 99 ).I then posted 50p, i think, then gave more detail ( i said it COULD hit 48.?p and possibly 44p in the day ).
I am quite happy with my first ever purchase of Boo,and am quite happy as to how it's responded.Southcoastbather,who or what are "Them" ?!!??.

For god sake let's leave gut feelings out of it .it's an emotional response,and emotion should not be part of an investors toolbox.

yes i thought it was about time it moved up.

The time.

Will look at the Fraser chart later ,and reply to you.

Thank you all for all your replies to my post.It's heartening to know that on a site totally removed from that "other site" where it is a zoo,that people can find time to reply to balanced measured post like mine.
70p is another Elliott wave forecast (x1.618),besides it would mean a 18.25p rise from the last 51.52p low.So expect some resistance there.Don't all reply at once !!.

The low on 14th of July at 54.08,retraced .6i8 of the rise from 52.76 up to 56.24 on the 12th of July.The move up to the high on 14th of July of 57.71,was an irregular top,the low on that day completed the 3 wave correction at 54.08.
54.08 is an EXACT FIGURE that an Elliot wave calculation comes out at !!!!!!!!.
NOT that charts are always right,and are not the Holy Grail,but they are a map as to what to expect,just like the old maps that had written on it for explorers, stating, "here there be Tygers ".
When one goes walking in the Desert one should carry a map.Some Investors don't believe in charts,that to me is like going walkabout in a desert without a map.Still each to his own.
As it stands as far as i can see,the Bulls should be tentatively confident.It's all to play for.Let's keep our fingers crossed ,and hope the up move doesn't show signs of running out of steam and starting to curl over!!!!.GLA.

Yes,very good post.Let's all hope this site behaves itself in future and that we can all converse in a less confrontational manner.

That the s.p.is going up.I am a little worried with some of the chart interpretation i've done since the low on 5th July.
You have extensions and running corrections to deal with on charts,and in the early start of a s.p. rise it's best sometimes to sit back and wait for it to become clearer.
The other question is,what is baked into the S.P.,what is it discounting ?.That is why Fundamental analysis can let investors down.Some investors rely on price action only.So there's a mix of things.
A fall below the 5th July low next week,would be very bad .We just have to hope that the chart movements don't start to curl over and run out of steam .Fingers crossed.

Actually more than hopeful.I am always wary of things looking good.But i have every reason to be hopeful based on my research.A failure at this point would severely dent my research,and i would have to go back to the start of my research that started properly some 4 years ago.
4 years of amassing calcs would be worthless.But with all these years of algo finding.Can it all be WRONG !!!?.
I hope not.We will see.

So it's a solely technical analysis viewpoint,and not a Fundamental one ?.

Can you tell me how you arrived at a figure of 22p ?.As opposed to say 25p or 18p ?.Just asking.

Interesting stuff the last 20 posts,but where is the bottom ?.Can we have more about where the share price is going whether Fundamentally or Technically.

As things stand at 55.96,nice if there was a bounce from here.We shall see.

A sudden bounce of a positive nature and shape.That i didn't anticipate.I wonder if it is a trap ?.We shall soon see,though it looks as if a pullback from the latest peak is on the cards.How far it goes down is the question.as long as it doesn't go below the last low then things will look bullish.

Could someone remind me at what price did Norges buy theses shares ?,and what have been their comments about Boo considering the drop since they bought.
Basically,what is Norges take on things ?.

Should you not take heart at my posts saying that Boo is near a buy point ?.If i was a poster underwater i would want to listen to a poster who had been negative all the way down from 200p and now thinks it's almost time for a buy.
They could then give it one last throw of the dice and load up with the intention of improving their average buying price,and get out of trouble.
If you were to guide those underwater and predict where YOU think the price will turn,people would take you a bit more seriously.To be kind,your predictions for this share have been bad,very bad indeed.Fancy doing something constructive ?.
Let us know where you think the turn (bottom) is.That way you would gain some respect on here.I'ts up to you.