Member Info for Pokerchump

Nope. Obviously our gambling is not only shares !

Talking about FTSE Dogs, Google ‘dogs of the FTSE dividend portfolio’. A very interesting strategy.

No appetite for this at the moment. Still waiting for an entry price. Looks like a slow burner now.

All Pharmas took a hammering today. SHP and HIK got battered. GSK and AZN got off lightly.

Time for a graph, Kellogs ? I may have missed the boat here. Unless there's a pullback I may wait for 150 and a gap fill to 160ish.

Have a good one, Kellogs and all.

It’s had the look of shorts closing after not breaching 390p a couple of times rather than big buys coming in ? 400p - 390p looks like the battle range now ? If 390p goes it won’t look too good.

I did the same at £4 - sold half my holding and will look for an opening spike then pullback to about 390ish to enter again.

A good strong move off 391p there. Will it last and get over 400p ? That will be a good sign some buyers are back.

Any thoughts on CPI ?

You don’t trade your entire pension pot each time do you ? That would be a significant sum of cash each trade I would assume ?

You don’t even use volume looking for that Bank/Institutes push ? That’s should be real time for blue chip stocks ? I’ve always felt AIM is rife for hidden trades and late reporting ! Also what time period do you use for your day trading ?

I was reading up on your TA approach, Kellogs. Reviewing your emphasis on price action only, I assume you use a 'naked' trading strategy - very interesting and a very good read from some of the articles and PDF books I read. By naked trading, it doesn't mean not having any clothes on, I assume ?

There's the break out. Will it move back or push on ?

I'm still on the sidelines at the moment - I'll wait for the next move.

Any thoughts on where next for the SP. Need to move above that 415p for a decent upward trajectory.

Usual spike first thing and then a big retreat. Is anyone interested in this stock ?

Agreed. 15% fall seems to be the exact number these days with a bounce back later.

Thanks Kellogs - that’s the key isn’t it. Getting the timing right to jump on the back of the shorts exiting and buy orders executing. The problem is where is that level ? We’re nearly back at Feb 2003 levels now and who’s to say that will offer support ? Before that it’s about 110p in March 1999.

What’s the thought process then, Kellogs ? Just a bounce of the down trend channel ?