Member Info for pipedreamer

Against all short term thinking on here, the S.P. plummets,and everybody starts posting about steel.I don't get it.

After the recent fall in these shares,the jury is still out as to whether this rise is solid, or just shorters closing on the news being disclosed.

Still to early to celebrate.Money to be made by the fleet of foot,but so volatile as to be hardly worth a punt (the share price seems to have air pockets sometimes !!!).
Question,if making money in markets was all about looking at fundamentals.How come people have been saying how fundamentally sound the company is,all the way down from 400 ?.
It can't be that simple,therefore the answer to solving the problem lies elsewhere.Any suggestions ?.

Just to make things clear.I am sure that you are doing these things anyway Falkland Investor.Any tips that you would like to say yourself,about strategy,good practice etc ?.

At the moment you seem to be the one that is talking the most sense.The best policy is to DYOR set your buy point
(long term) and then wait.
Put only 2% of your total bank in any one share.If it turns before your buy point,well then wait for the next share that you have to buy to reach your buy point.
If it goes lower than your buy point after you have bought,wait for a little rally,then get out with a small loss.

I wouldn't touch these with a barge pole at the moment.Just sit back and observe.If I have it wrong,i haven't won but there again I haven't lost.The thing is to be right more times than you are wrong.Discipline is needed.stick to these rules and you won't go far wrong.

Nothing said on here can move shares up or down.Do you really think any Pension Manager et al is taking notice of anybody on here ?.
We are considerd small fry to them.So,the best thing to do is work out who gets it right with their posts and then use them in conjuction with their own findings to hopefully make money.The more clever ones you find,the more chance of making money.Simple.

This fall is very disappointing.But it still falls into the sideways category,and should trade between 265 and here for a while (the longer the better,long term).
It really needs to go sideways (at least) for a long time to arrest the steep fall that there has been in these shares.
Then there should or could be one last low before it hits bottom.The longer we go sideways in this range the better.
Any more weakness or sudden drops soon would be a very bad sign.
Good luck to all of you,and I suggest that you hold back your money for a final top up.

We should be trading in this range for quite a while.If it fails to do this,it would be a very bad indication for the future.
It badly needs consolidations and a bit of base building at least.

It has been proved that tha best strategy is to only put 2% of your total sum to be invested,in any ONE share.
.
They have run this out, many times,even with pension fund managers et al.Best policy.

As regards the pessimist bit.Well yes that's ok,i tend to agree with you,but I am only interpreting the chart as to what it is telling me.
Sure chart interpretation can always fail,[A bid for the company,or sudden good news totally out of the blue [Brexit happening]].As for the general public being sedated.Well, the mighty Buddha commented "They are asleep.
Comatose more like!!!.Still Boris Johnson will sort it out when he becomes the next P.M.!!!!!.
Mind you should we blame the M.P.'s for it all considering that they were never consulted in the first place ?.
Surely t's all down to Theresa May?.

Yes thank you for that,will keep an eye out for that very thing.Please keep us updated.

Yep,spot on !!!.I'll ask a question that may to some people seem ridiculous [but not you].When roughly do you think this will happen ?.
I'm not really au fait with Fibonnaci time lines [i prefer my own method],so do you have an opinion regarding this?.

Not a lot of history to go on,re the chart.A difficult chart to read.But it looks as if we have just finished one of the main moves,and if so will hover around this level for a while,then carry on down.
If my reading is correct we could well go sub 150.Please remember that nothing written here will affect share price moves.
The point of forums is to find out who is clever and gets it right more times than wrong.We can then make a note of these posters and use them in conjunction with our own viewpoints.One problem is that some posters can scare posters off and later if they are proved correct,can't get them back on to give out more of their proven opinions.
On CNA posts they scared off a poster named Kellogs.Ridiculous really,because time would have told whether he was any good or not.
My bottom of 973 for TPK,and 135 [possible 123] for Boohoo,and 123 circa for CNA, [nice bounce],were good predictions of mine.As I said, I don't get it right ALL the time.
Even a poster whose investments are tanking can ride up on the back of a proven good stock picker.So you can see the benefits of even agreeing to disagree if there is a difference of opinion.
We can never get it right all the time.The best we can hope for is to be right more times than we are wrong.
So with that in mind,feel free to comment.Please remember that there is no point all of us just agreeing with other posters for agreeing sakeHonesty is always best.None of us has a monopoly on the truth,or can be right all the time.

Thanks for your replies.I haven't yet done the math on this one.I will get back to you later after I have done Elliot Wave etc and my own systems based on research.
I was only suggesting in my post that those not au fait with charts etc,that it could be the way to go for them.
I will post my findings tomorrow.I thought anyway when 275/255 didn't hold that it was going a lot further down.
Catch you all tomorrow.

Just look at the share chart of RMG.Imagine it's the graph of a plane having gone into a dive.Why not wait until it appears to be coming out of the dive and levelling off [base building].
I would suggest it would be better to wait until it does this before you chose to buy [averaging out],than trying to catch what is best described as a "dead cat bounce" or "trying to catch a falling knife"?.
It is at the moment very volatile share price,and showing no signs of even levelling out yet.Better to miss the exact bottom and get on a bit late than to try and workout exactly when this turns ?.

Yes, but it would be better to wait for a bit of base building at least before we jump.Yes like before it could be a V shaped recovery,especially if Brexit is suddenly agreed.
We wait and see.Ok to jump on any rally,as long as you get it right.

Lets see if we close above 255/256.That's where the next resistance is on a closing price basis.If it comes down to that figure,it would be nice if it bounced off it.

Hit the expected resistance at 246.Let's see if it can punch through the next resistance at circa 255.

Good Evening,may I ask you how you arrived at a price of 86p.As it's circa the price that I have.
I wondered if you arrived at this price the same way as I did.What do you have for VOD?.

Should reach 253,at least 246.But then it's unclear to say the least.

Because the chart suggested it was coming.Do your own research is the way to go.This share WILL recover.
But at a lower level.It's coming,so hold on and keep the faith.Get ready to top up and improve the Average.