Member Info for steveknowsnothin

I am banking on the inverse, think we have already seen the proffit taking this week. My gamble is that we are going to close above 320 or open Monday around that level.

- 98% of IG client accounts with open positions expect the price to rise
- 90% Buys today
- 55% sells this week
-52% sells this month

Cheeky little limit test on open, hopefully today is the bounce back.

Ha ha.

Basically just big institutional nvestors trying to get a decent price by targeting nervous investors by messing with the price. Can understand if you entered a couple of days ago that there may be some nerves, but where I am, this is just a repeat of the cycle and will happen in the legs up to RNS.

Duh, duh, duh, duh

Holy hell, just saw this, getting ready to sell if this has any basis.

https://m.youtube.com/watch?v=fgIsUiT2dug

Bubble hasn't burst, its just your run of the mill consolidation phase. We still have a month until results, calm down and carry on, its all fine.

Unless there is some new news, such as burning clothes to limit demand or fiddling the books, its just proffit taking ready for next phase up.

I just don't get the aim or the purpose.

Get back on the yacht with your birds, who love your super bike....

What if its a bad story that makes me sad?

Ha, I bought 2k of overstock at the start of lockdown and sold it within a week and a bit when I doubled my investment. Cant cry over spilt milk, as there will always be exceptions to your rules.

Any thoughts on XPP?

Sorry, screwed up the link

https://pinevillevoice.com/boohoo-group-plc-boo-ls-elder-force-passes-tipping-point/

https://pinevillevoice.com/boohoo-group-plc-boo-

This was a worthwhile article for me on the sectors I should be focusing on (or not)

https://www.zerohedge.com/markets/heres-why-impossible-economic-collapse-unavoidable

Starting to get eager about what next after BOO, whats on everyone's watch list. Mine are,

HSBA - Feels well priced and should return to normalishwhen the world stabilises.
DGA - In a recession people drink more, also heard that alcoholism rates are rising with people being at home.
AML - Not sure about this one, but seems well priced.
CEY - Gold play for if the world continues to be rubbish with an incoming brexit and us election.
WYNN - America not caring about the pandemic and the world returning to normal.

To be honest, I dont even get the trader part. Because my time scale is months an not years, I am somehow a day trader and must be making a loss.

I have posted on here several times what my holdings were prior to Boohoo. For the majority of the year they were mostly EQQQ, SMT and TSLA. Not going to sit and brag about what I have done this year, as the market is quite frankly an exception at the moment and if I managed what I have done this year for the next 20, I would be on the rich list, which is not going to happen.

Just to throw another quote back at you,

Albert Einstein : “Insanity is doing the same thing over and over again and expecting different results.”

@Peoplepower1 didn't need to really do any research, as is fairly obvious when you are copying text off the web, as opossed to your usual flow of incoherent angry gibberish, it was well structured and thought out. It was mostly the application of common sense, you should Google it.

I looked at two of your posts in the last day, am sure if I went back that the majority that weren't copy and pasted from your own personal doctrine or were not attacking someone to defend the fact that you have as much depth as a puddle, would be plagiarised.

The difference between you and me is that I know I have made decent money, you won't know for the next 20 years, which was 10 years when you first posted on the Boohoo board in 2019 and not 2015 as you keep on stating.

Looks like it might just sit on the support at 313/314.

Monday morning interests me more.

I am around 2.60. My first buy and second largest buy was on the dead cat bounce, was initially a bit depressed, but all lost in the wash now.