Member Info for pipedreamer

I had previously posed circa 15 p,there is a slightly higher figure of between 21 to 22.25 where it could bottom.Would need to keep a close eye on it.
Great index!.How to distort what's going on.Take all the shares that are going down in the index and take them out,and replace them with the ones that are going up.
Oh,also give some companies share price more weight so it really gives a warped view as to what's going on.
They should choose the 100 and stick to it,otherwise it gives the wrong impression.

Yes it runs counter to the main market.Looks like a running correction going up?.
Wish i bought a t 118,138 etc.!!!

The big city Institutions are not avidly looking at this site to see if they should go long or short.
They ain't taking notice of us on here !!!!, it's laughable.I am not a holder of these shares.Why do I post on here?.
I'm looking for opinions from everybody everywhere,to find out who makes good calls,because i'm looking for the most opportune moment to buy!!!.
It seems that strangely, people on these sites say that you can't post if you don't own.You need a balanced view,bulls and bears,with everybody giving their honest opinion,and hopefully backed up as to how they arrived at that opinion.

Yes,the timing looks ominous.Things sure aren't looking good.Ok if good news suddenly appears.But where exactly is it going to come from!!??.Dodgy times.

Yeah,everything else is spiking,these are finding EVERYTHING difficult ALL the time!!.

Answer,a technical move,a "C"wave.No real big surprise.

The small investors who jumped the gun and started shorting the markets,have got burnt.WHEN they fall by the wayside,in will come the big Guys with big shorts and markets will fall.Probably next week.
Technically 25500 on the Dow,3030 on the S&P,and Circa 6200 ,(already reached it anyway) on the footsie,will be the peaks (circa).
So Centrica has to roughly Friday to reach as high as it can.That's what the tea leaves say anyway.
As always,it's just an opinion.If I got all things right all the time,i'd be a multi-millionaire ,and not posting on here.
I'm here to learn from others as well.

If we get through early June without the expected sudden downturn in all the main indexes,then it could be ok.
But it will be a dangerous time to hold anything early June,as technically as well, the odds are on a fall.
We shall see.

Yes that just about sums it up.Not a lot of chance of the s.p. growing from here.Personally i'd have a look myself at 21.5p,but I reckon i'd only be a buyer at circa 15p,and at those levels it could be very risky punt.Perhaps too risky.

Thanks all for replys.There is a lot of confusion as to which site to use on here,the bhp,or the Billiton chat site.
In 1980 Gold overshot it's fundamental value price by some 150 %.If that happens again (a spike).it could hit 4000k an ounce.
What is worrying is that the BHP s.p. mirrored the main indexes and fell with the rest.If as expected,(technically) the market tanks at the start of June,what happens to the S.P.?.Would have thought that it would have run opposite to the market,
like the Zoom chart.
So there's a contradiction here if we think that the s.p. will go up.Very confusing.

"...lower from there",meaning from 31.5.

The rise from 30.21 to 41.45 was a 37.2 % rise,very close to an Elliott wave 36.7% move.So a rise of that amount is not to be sniffed at,as long as you bought at 30.I had 31.5 as a low,and a possible rise to 45/48p, but changed my mind and I thought it would go lower from there.
Having reached 41.45,there was no follow through,and a very weak pattern has emerged since.It's running out of time.
Best I reckon is to hold if you are still bullish ,but if neutral like me, do what i'm doing, and sit back and observe the next few weeks.

Oh Dear,things look bleak.The rally from April 22nd on the chart, started off as a bear squeeze,but since then it has tracked sideways with even a slight downward tilt.
it looks as if it's going to be difficult to reach the 45 to 48p range,before all the markets start to fall from the beginning of June onwards.Unless they suddenly announce at the beginning of June that they have found a miracle cure vaccine,traders will start to short again (everything).A Vaccine find is probably the only thing that would compromise a chart reading.
As I do not hold a position in these shares (yet),and the fact that many are holding loses,i do hope my reading is wrong.
Remember that no one persons opinion,even on here can move a market.
I do see that a final move down would signal the bottom,but what shape will Centrica and the rest of the market be in then ?.At 0.4 to 0.9, we run the risk of the R factor going above 1,and seeing everybodys lightening response to a relaxing of the Lockdown,getting to 1 doesn't look an impossibility !!!!!!!!!!.And then what,Lockdown again?.
What happens when the Government stops paying employees 80% of wages ?.Companies will fold wholesale,all these problems are still there,they're not going away anytime soon.
Difficult times,for everything and everybody.GLA,stay safe.

Thanks for that, very enlightening.Thanks for the reply.

I have been watching the posts on here since 172p,with a lot of posters saying that the fundamentals were ok.As I know nothing about balance sheets,fundamentals etc,could somebody give me a rundown as to what has happened to the company,the s.p.,and why.
What would it take to turn around the company and s.p ?,and as somebody remarked previously that it may be a problem regarding solvency,what can be done now to the company so it can actually survive and flourish ?.

That's a good rule,tho I was talking about how you arrive at the low.How do you arrive at your low for a share ?.
That's what I was hoping to discuss with posters.I have already posted as to what I have worked out,regarding the S.P. of Centrica.

To have a clue to what I am on about,read my previous post and the one before.
I will happily go into detail if you wish.let me know which bits need clarification.

Do you mean the horses don't fancy running some days ?.Well Yes, but it's the jockey that's steering them,i.e. human interaction.Look at it this way,does anybody consider that they (the jockeys),might be following an algo?,even if it's to do with race tactics.
Wherever you have human interaction,you have a pattern,even peoples shopping habits have been analysed to name but one instance of many.
As I say a useful study,but small fields and short prices make it unprofitable in racing.Big Handicaps offer better value,but as I said in my earlier post, it looks a lot easier with shares, as all I have to do is to find the bottom in a ball-park area as to where it is,rather than as in racing i have to have the EXACT racecard number.It looks promising so far, but of course the proof of the pud so to speak is to put it to practice physically.
Have had promising results so far,as regards dummy runs.
Thought my posts would have led to more discussion.But very little so far,which is a big puzzle.
Perhaps people think it's some kind of con,(see post re "assumptions")'would love to discuss tactics,methods, systems to use in investing (or money making),even if it's to do with staking plans and the like in any sphere,so how about it ?.
A merge of minds ?.Big business does it, and thrives,Maybe I could be end up being somebodys Marks, to somebody else's Spencer ?,or visa versa so what's to lose ?,everything to gain.All of us!!!.

Apart from loading the balls,there is no other human interaction with the balls and therefore it is random.Any market and even sports betting involves human interaction.Therefore it is the human interaction that you are examining.
As with The Chase on ITV they try and make the answers A B or C random.But in doing so they indicate a pattern.
I once answered 4 questions correctly in a round,when I did not know the answer to any of them.
But you have to do your own research.
My first love was racing,and I developed a system over 33 years, (using probability and math), involving around over 100 algos.It gave me an area on a racecard where the winner would be.One race with 35 runners each year,i had near 26 and 20,20 won at 130/1 (didn't back it !!!!,ouch!!!),next year near 8,8 won at 11/1,and last year near 17,18 I think won at 4/1 (too bloody short).But I then found that when I backed in a race,numbers 19 20 21,18 won!!!,just outside my range.
This happened so many times that I got so frustrated.So I thought that with The stock market I would only need to get in the ball-park area in finding the bottom to be successful.I didn't need to have an exact number!!!!!!!!.
So with using what I learned from the ponies and my knowledge of TA,learned back in the eighties at the City Business in Library in Basinghall Street in London,here I am.
So I would urge people to DYOR and develop your own method,this and hard work is the best way to give you a better chance of success.

Reasons are given why shares go up or Down.Years ago Interest rates movements were more volatile than they are now.
When they went up the stock market went down, and visa versa,or that's what was written and said.
Then a guy analysed the movements and discovered that although initially that's what happened,some months later the market went back to where it was before,generally speaking.
So you have to find out what really does move markets,and what doesn't.You have to filter out all the false misconceptions.
Example; punk rockers have a Mohican Indian style of haircut ?.Wrong!!!!,in fact the hairstyle was that of their enemy the Huron tribe.Same with the belief that Christians were thrown to the lions,absolutely incorrect !!!.
Many examples abound.It's to do with assumptions.As one great US General while working out battle plans during World War 2 said,that he had a sign on his desk to remind him,it said that "Assumptions are the mother and father of all **** ups!!!".
I guarantee you that at least 80 % of all mistakes, start with a assumption of some sort.So you have to filter stuff out,do your own research,(don't analyse somebody else's analysis ),and come up with your own algos as to what moves markets.