Member Info for pipedreamer

Agree totally Kellogs,tho footsie still got another 10% and a bit more to go before the crash. What then do you suggest,we do when share market collapses,does one put their money in Gold ,or something else?.

As predicted we've hit 210,i hope that it falls to to circa 192,so I can get on the train.Any weakness at this moment in time should not be the least bit worrying,as long as it stays above 190p.

That's odd Carrington,as I can see how your 270p can be reached on the chart.I reckon I have worked out when the footsie peaks,just wondering what bolt hole to go into when world markets start their massive fall. I don't know when, but I know what the figure is for the peak,just a question of where to put your money when the big fall of about 70% comes,['73 bear market was a 73% loss]. Any thoughts on this and where to put ones cash?.

just realised I wrote,124 to 128p,yesterday,of course it should have read 224 to 228p.Looking at too many charts !!!.

By the way old chap,you seem to be using the same crystal ball as me,Tho methinks your vision is probably a lot better than mine. Can I respectfully ask what you use to reach your decisions ?.

As I see it on the chart,if a rally starts now we should get up to 210p intra-day sometime in the future,then a move should start down to circa 193p Any close below 190 would be very bad,it could as Carrington says trade very high 180's,but it would need to be in intra day trading .I do not know how long it would take to complete these two moves.But afterwards the s.p. should move up to the 224 to 228 level. After that another correction should happen.I say again,it is very important,[crucial] that it stays above 190. Obviously, as other posters have put on here,it was a case today of,buy on the news/rumour sell on the fact/news. It's going to get very interesting in the next month as regard price movements.Moment of truth time,so to speak. Good luck to all.

Kellogs,yep,agree,115 I have that.Do you think that will be the bottom,long term?.

surely Jonjo you're not expecting it to go up in a straight line ?.Virtually all rising shares pause for some breath,sometime !!!. As for my long-term comment.I am only interpreting the chart the best I can.It's not my fault that the chart looks odd still. Remember i'm looking at the last 10 years.The rally from 139 has been good,but the move on the chart, in SIZE ,doesn't [yet ] stand out in SIZE,when compared to ALL the other movements in the last 10 years. The rally is the same size as all the other rallies we have had before, on the way down. So,that is all that i am saying.I'm only pointing out what is there,AT THE MOMENT. Yes of course the S.P.may head for the stratospere,in that case well done you. But i feel duty bound to point out these facts, as they are indeed facts . That is why i say that i am not as YET convinced.When i am convinced,[when the chart seems to say so],i will post.

Thought about investing at 50p,declined,had a buy point at 31/32p,crashed through that,so i'm still waiting. Thinking of buying at 25p,but with all the other shares on the exchange to pick from,wondering whether to bother or not. Especially when it doesn't even bother to stop at a significant resistance point.Any rally from 25p could be quite profitable,but reckon there is still one more leg down after the rally. Buying in anticipation of a rally is ok in most shares.But does this share look too dangerous to really get involved in ?.It's looking that way.

Its had a good run,where's the high point?,the pause for breath ?.I reckon we should get a pause at the 124 to 128p mark.What happens after then is anybodys guess. I'm still not convinced as to the long term,but nothing would surprise me as regards the S.P.Just not sure looking at the chart,,just doesn't look right to me.Still time will tell.G.L.A.

Oh,i forgot to say that below 27.68p,i have it as 25p or slightly lower,as the bottom of this movement,wave,etc. But it ain't for the faint hearted [yes, faint could end up being the more appropriate word rather than feint !!!!.]

Any chartists want to comment ?.As I see it, there's one more dip below 27.68p,and then comes the rally.How much is now debatable,because of the severity of the movements,[6% in half an hour !!] But it's not the end of the pain.It's a quick in and out.Problem is.is that the moves are getting more bigger,and tho a nice profit can be made if you are quick enough,the risk of the downside being very great,it makes me wonder whether it's worth it. As for bidders,Question;Why wouldn't the prospective bidders just let them go belly up,and then turn up at the fire sale!!?.

Yep, my experience also.Tho this is only good for a short-term punt.In and out quick.

DEAD SILENCE.

S.P. needs to hold 34p o the chart,otherwise it's heading down.It must close at 34p or above in the next few days. Interesting to see what happens.

The reason why I ask is that it is very near a buy point,and now based on what you have said,i think I won't jump the gun and wait an extra few days for the completion of a movement,before I jump in.

Hi,you say these are due on Thursday,tomorrow.As they are figures for November,how much of an impact do you think they will have on the s.p?..Considering that they are nothing to do with the Christmas sales,which is what all the talk is about at the moment, and which when they are announced will be far more revealing.

As with my earlier posts,i have 31/32p as a place for a bounce.It could be the bottom long term,but it's not clear if we get one more move down after.

Going Large,i also share your concerns.Although I see a rally coming at these levels,i see possible falls after the rally. Could you please tell me how you arrived at 15p specifically.Based on charts or based on fundamentals or something else ?.

Reckon it will bounce up from 31/32p.But It may not be all over yet.Would need to do a bit of base building sometime after.Even then there could be one more move after to come. On looking and reading all the posts on here and other forums about this share,i must say that i'm very confused. Perhaps this is why investors stick to what they can interpret from the charts.Charts can predict good news before it happens. guess this is the best way to go.Especially when the s.p. ignores the fundamentals entirely !!!!.