Member Info for steveknowsnothin

But very bad for the dollar in the long term. The fact that we are seeing inflation in share prices with no change in consumer prices or income means the elastic band is ever nearer to snapping back to the mean. The FED knows that the second they stop Stimulus then the corporate debt bubble is going to fall over on itself, guess this game of parse the overpriced parcel is going to continue until near or after the election. Can't complain though,,,,,

Well it's definitely going up now, just wish it would be a little faster....

Feel I have seen stuck at 270 before, last time there was a sell off so with any hope we are just consolidating.

Yeah and the UK has now bought multiple millions from at least 4 suppliers. Still don't get what effect that has on the share price of Boohoo though other than upward. If anything Boohoo has proven itself to be reactive to whatever the situation is very quickly, loungewear to face masks....

It's summer, all the 16-30 year olds are out and about, as they were for most of lockdown and wanting to look good.

I don't really see what effect the failure of one of many potential vaccines has on the share price of Boohoo. My wife went out to the shops yesterday and couldn't try on any clothes, to me that was an even bigger buying signal for Boohoo, as there is now no benefit to going into a bricks and mortar store.

Can for-see more people coming in seeking profit given the pricing of the US tech sector, certainly why I am here. As we get nearer to RNS more people are going to be holding which will see the return to 4xx.

I know one thing, I need to stop looking at the Boohoo share chart and do some work as currently that is earning me more money.

I was thinking that 265 yesterday was the older 270 resistance point and we were now past it and onto bigger and better things.

Oops 275 close, I wish.

I know everyone hates these, but I enjoy a guessing game of what the day is going to look like.

My bet is 268 at 12pm and 675 close.

268.20 is my bet

265 seems to be where the bar is at currently

My bet would be that Jonathan Harmsworth is trying to get some cheap shares

Happened on April 20th, believe this is the coroners report. Still very sad

Another retailer cutting staffing, all this points to why Boohoo is excellently placed, especially considering it' skill and understanding of online and its significant war chest to buy failing businesses.

https://www.huffingtonpost.co.uk/entry/selfridges-to-cut-450-jobs-as-it-faces-its-toughest-year_uk_5f1fea70c5b638cfec49870c

Thats assuming that it drops again at 270, wouldn't you be ****ed if it went to 280 and the 290 and never fell again? Long term my belief is this is going to be back to where it is, have tried to time the market before and has never worked out for me.

The stock cycle is going to happen no matter what, the healthier the markup phase the better in my books.

Got me wondering whether 270 is still going to be a barrier or it will just walk through it

Rise is definitely looking decent today with little resistance after breaking 260. I thought the terms in the RNS was bland and was just what was outlined when they announced the review, but thats obviously what the market wanted.

I was thinking a lot of support now at 254, lol.