Member Info for pipedreamer

Wolf, what if you are a poster that is looking (and waiting ) to invest in Boo,but at a price ?. You want Bulls on here as well as Bears don't you ?.

I don't see the problem,those underwater for instance should welcome the fact that some people think that at these levels Boo is near the Bottom.

Putting an e-mail address on here would not be a good idea. Too many nutters on the Internet, just post them on here, specifically those you think are nearing their bottom. Once they have bottomed and missed, they're gone.

One post on here shouldn't be a problem.

If you have any other shares that you are looking at,that you think are near their bottoms,tell me on here, and i will reply on said share on their site on here.

Thanks for the reply.I now know the Fundamental side of things about Tullow which is extremely useful. What about the Technical analysis of the Tullow share chart ?. Any views out there ?.

Good afternoon, I am new to the Tullow site. Talk on here as to whether it tops at 38,40 or 48/49p,or just keeps on going up.

But at some point,there will be a pullback,pausing for breath,a correction. I doubt any pullback would spell disaster,but would merely be a chance to top up again.

So where do posters see the top,re the start of a pullback ?. Thanking you in advance of your replies.

I was asked last week to look at this share.So bear with me.I only wish i was around on the 16th of May when it bottomed.There was an almighty reason to buy.But with hundreds of shares to look at,can't keep track of them all,expletive deletive!!!.

Looking at Forums takes me away from what i need to concentrate on.Only about 7/10% of posters seem to know anything.Going through it all takes time.Tullow at 38p seems to have peaked as far as i can tell,it may try for 40/42p this week,we shall see.It's only a rough look and if it doesn't hold 49p is the next timeto look.(if it doesn't go down from here, i will post on Tullow site)

If i had bought at 22p,offload some here and get back in on a pullback.Wealth warning!!.I have only done a rough calc,not the 7 days plus that i normally do.So it's up to you for the final decision.

I remember your posts from before i think,and you seemed to know what you were doing.Good post,you are of course spot on about algo buys and sells.33p looks a good buy if you are Bullish.

I won't get involved just yet until all my equations line up in a row.But that's not to say that 33p isn't good for a short term profit sometime later.

Yes good points made by most.What do the shorters know ?.In this latest correction phase ,any 3 wave move needs to finish with the 3rd wave finishing well above the first wave.No sign of it yet but it could be early days.

It would be extremely bad if it made a positive move down now.This would put the 30p support in dire danger.So a bit of a move up a bit would be helpful to the Bulls ,they'll need it,and all the luck in the world.GLA.

The reason Oke that Boo has just gone from 40p to 32p is that Shorts have gone up. If i could predict it going from 40 to 32p,then so could they.

It looks very dodgy at the moment,there might be a rise coming,but it is in another corrective move.So no bet,as it could go down again at any time.Very dodgy.It could well go sideways here for quite a while,bouncing up and down in a narrow range.

But the odds are that it is going to continue going down again.The only hope is that MA,or others make a sudden move that scares the shorters and in the end it starts its next move down,but from a higher price (when the correction is over).

That way there's a better chance of a softer bottoming.So as for short term, trading it is as i say, very dangerous.

If we get above 34,and stay above 33 on a move down, we will be in for a further rise. How high it will get will be calculated next week hopefully .It looks as if we bottomed (temporarily ?.),yesterday.

That's how i see it. BUT this is a scenario that could happen, as i see it. With such small intra day movements it's hard to read, so i would not place a bet on it, as i don't do day trading. I'm monitoring the small moves so i hopefully get a bigger read on where we are. Let's see what happens.

Will do Peoplepower,but i need time as i'm up to my ears in it with so much to do.

I must have come on this site about Feb. 2018,saying that the only way for Internet shopping was up,and that the High Street wqs dead.I posted at i think 190 that i was looking for a bottom of 135 or possibly 123p.Unfortunately i missed it at 139p,but i remember on the way up i suggested a buy at 167 on a pullback wouldn't be bad idea.Which is where it turned and headed up.

just before i was returning from Tenerife covid struck,and the market was in freefall.I got home and loaded up with supplies as quick as i could.In what turned out to be a "B" wave when it shot from 157 to 415,i remember posting that 274 might be a top,not sure now as it's been a while.

I came back on when it was circa 200p on the way down,and put in a support level,and said that 152p was a support.But i remember that it went straight through the 152 support without stopping and landed well below 152.I then decided that it was a catch a falling knife scenario,so i left it all well alone.

I did post a few things back then,but didn't put up a prediction, as in the past i had been viciously lambasted on here when i did.

As for Internet shopping,with people having less and less time ,and the roads and transport,going to pot (one journey to London between rush hours morn/afternoon,middle of the week, supposedly 1 hour 40,took me 3 hours 30!!!!),people just end up shopping online.Most people are being run ragged in what ever they have to do,so they look for what's quickest,now and in the future.

I'm going to look at the Footsie and the Dow to see if Burry's Predition will come to pass.I already know that if there is a fall,it's not the big one.I have my own calculation that i update each year,so i know where the absolute top is,and as the Footsie spiked up in 1987,and hit my figure that i had then,and collapsed,i'll go with my calculation as to where it's really going to tank.

No better chance for a really massive correction than the Covid crash.But the y decided that they would't let Armaggedon happen,so they plumped for Furlough instead,that saved most,but not all.They didn't want a major world wide depression as in the 30's when they decided to have Deflation,that wrecked everybody's lives and led to the rise of Hitler (before then he only had 5/7% of the national vote).

They found that deflation was terribly difficult to turn around,as when people lost their farms etc.nobody wanted to start any sort of business at all.Talk about a wrong move!!!!.This time they are using a bit of inflation to smooth things out,but NOT rampant Inflation.It's a difficult juggling act.

One day the Property bubble will burst (or they will use inflation to keep it going,it will end SOMETIME,as all bubbles do),and the Stock Market will suffer another 73% decline as in '73.When that happens those that are smart,will become the new super rich,and those that have let the grass grow under their feet,and have more money than sense,will suffer a sharp reality check that will probably be Life cha

Peoplepower and West,have to go out, will post u in the morning.

Peoplepower,i tend not to pay much attention to ALL the TA,and prefer to go with those that i'm more familiar with.

The problem with those things, is that they are well known,and they can get scuppered.

For Instance,Algo traders knows where the supports are etc,and therefore are shorted to trigger a sell and then immediately bought back.

I prefer to use what i have found to be useful from my own Research and follow that.It is unlikely to be common knowledge.Find out what really works.

The entire move up from 19th of June has been a corrective move.After a corrective move,it is followed by a move in the opposite direction.So we are looking at a down move coming.It may track sideways and extend the corrective move by going up again to even 40p again.But it is destined sometime in the future to head on down.TA wise.

This would take it below the magic 30p low last seen on the 28th of September. We pin our hope on MA coming in to help us. But where is he ?. He is the only chance one could see of the chart being compromised and turn Bullish. If MA thought 34p was a steal,where is he now it's at 32p ?.

We kept quoting Norges and MA as reasons for the Bull run to start.But it has never has happened.

So the only thing to take from all this,is that we are running out of reasons and excuses as to why the Bull market has not started with Boo.

If you look at the Asos chart one would imagine that when the bottom does come,Boo and Asos et al will bottom at virtually the same time.The Asos chart is easier to read,and shows that it is nowhere near the bottom and has further to go.I have no idea on a technical analysis point, where posters here and on the Asos site,get their figures from, as to Asos bottoming.None of it tallies,on a TA basis.I am very surprised.But there again those posters on Asos have been calling the bottom for years and it has never happened!!!.

I find it all depressing,and to be quite honest i've run out of reasons to give to Bulls that would help them out.

Good news,well that is what posters has been saying that could turn Boo around.But there is NO NEWS and the S.P. sinks!!!.The shorters don't seem to be scared by MA possibly buying and seem to have all the confidence in the world,as if when news comes out that it is going to be bad.They don't seem to be the least bit concerned even,that there is going to be a short squeeze!!!.

Sorry and all that,but i have to say what i see,and depressingly this is what i have come up with.Time and time again this share ,S.P. wise disappoints.I have no hidden agenda here,in fact i've always wanted to buy.But this is getting to a point where hoping that Boo has bottomed,turns into nothing more than wishful thinking.

Yes Jeremy,totally agree.

We know now that the move up from the 15th of June bottom,has been nothing more than a correction move and not a Bull move. Whether this correction will be going sideways a bit more in the 33 to even 40p range remains to be seen. But we wait to see when (or if)the next move down to pans out.

Any attempt to start a Bull run has been shorted by the Bears,who seem not to be worried by MA coming in and spoiling their plans, (i wonder how come ?).

This sideways move could well go on for a while.It is possible we could well be going from 30 to 40p for quite a while before it starts it's next attempt at heading down,(shorters at work).

The BIG problem is if on the next move down,it dares to close under 30p.That would be a BIG problem!!!.If it could just stay in this range for the next 4 months,things will be rosier.But it's a bit of a stretch,fingers and toes crossed.

Still,many a share has bumped along the bottom and pulled up short when it looked certain to dip under a big support level,(how many times have we bounced off circa 32p ?).

We'll just have to monitor it all closely.Good practice if you follow charts,as this has been one hell of a chart to work out correctly.Good luck to all,especially those dipping in at circa 32/33p,and even those who bought in at the 30/40p range.

Let's hope MA comes in sometime and spoils the shorters plans,we know he can do it.

It bounced off the 33.5 to 33.75 range at 33.7. It seemed to be heading down to have another go at that level and bounced again.

It would be a blow to the Bulls if it closes below 33.5 any day soon. That would be a bad sign.

I think my comments on August 10th make accurate reading.I'll try and look to see if we go up from here or if there is one more go at 32p.

I take no joy at seeing the S.P. here,especially to the fact that lots of posters are underwater.I have done a quick few calcs,and have 32 to 32.5 range as a support level.The chart is very hard to read,but i think there is a good chance for some breathing space at that level.

If you are a Bull,near this level,as i have said before is a point where you may want to nibble away at it.Where is MA ?,should he not be coming in at near these levels ?.If he thought that 34.5 was a time to buy before,surely he must think of having a go again ?.GLA.