Member Info for Stupmy

Oh and smalltime, the rationale does matter and it matters more if it's stated before the event rather than in hindsight.

Which predictions are off the mark smalltime. List them?

Very good Jimmy, you're all over it. Goodbye

Why are you expecting a reduction in shorts? Yesterdays last 2.5 hrs of trading was unusually high volume and the price fell. It's not obvious it was related to short covering. The day before, volume was low. Bearing in mind the Short tracker data is 48 h out of date, I'm not sure I see your rationale?

I don't think the bottom is in Thumper. I think we'll see 423 or lower and possibly 371 or lower. However, the question is 'when?'. Without claiming any expertise, my guess is that those levels will come either due to bad news re EZJ or more likely due to a larger market sell off. That sell off could be weeks or months away. In the meantime, I think we'll see some upside before that happens. I'm hoping we challenge the high of june 5th this year (around 491). That would be enough for me to make a profit. I'm hoping we break up beyond that and head to 527 or above. I'm guessing 535 might be a reasonable hope.

So I'm betting on some good trading, but further falls. I'd prefer the falls after the good trading if you see what I mean.

No-one can see into the future, so it's all a bit of a game.

I imagine I'm snatchiong, but I just added a few around 453.

Spin, don't worry too much about the buffet table. Kim seems to be able to sniff out a good meal.

Dumbly, just been looking a bit more closely at yesterdays low and I'm not convinced the price has completed the drop. I see 12.28 as the low (more or less), but I think I'd rather see 12.23 or lower. Might not seem like much, but the current SP is 13.26 and a penny is 7.5%.

Air china up beat operating data this morning and Whitbread holding up also (leisure connection). Maybe won't directly impact our SP, but can't be bad news for European Travell related companies.

Thanks for the shout out. Yes I seeing that now. Let's hope the 12.25 is the end of it. I'll keep a close eye on it, but unless we're due positive news on M&A I'm not sure the election is likely to provide any upward momentum for the SP. I'm holding the faith though.

Also the FTSE is looking weak overall so it's not just the cruise companies that are being hit.

I assumed from Learingtoinvest's post that some results had been released stateside. I didn't check that. Under those circumstances the gap is just something that MM's/algorithms will move the price towards. Most often they close. The news would move the price, not the gap itself.

Daniel, firstly you have to wonder how accurate the buy vs sell allocations have been. But if you assume that the data is largely correctly allocated, then the idea that there are more sells than buys might fit with the MM's looking for volume to the upside on the SP. In that case, as they (their algorithms) move the bid and offer to the upside searching for volume, the the transactions still occur within the spread. If the spread is rising, then even if there appear to be more sells than buys the price is still being walked up. This might work, if those who believe they have bought at a poor entry and are hoping for a lower entry in the future are selling when the price hits or exceeds their entry; this is common with PI's/traders with low conviction). Also, as the price gets walked up to shake out the low conviction holders (MM's looking for volume; not a conspiracy) others on the sidelines start to wonder things along the lines of 'Is the bottom in (FOMO)" or "Is this the start of a short squeeze" etc. But as you suggest there is a large disparity between buys and sells which suggests to me that there is a lot of uncertainty about where this is going.

Well, volume crept up over the day, but we need a close above 363.5 for todays price action to be bullish for me and even then it could be considered marginal. A close above 366.5 might bring in the possibility of a move to and perhaps beyond 380.5. Buying seems to have calmed down for now though.

We've been just about holding support for a little while, looks unlikely that will hold now. A close below 451 brings in a probable 423 or lower in my view.

I had 1094.5 as the close of that gap, fast pull-back though. What triggered that?

Good work. Slow patch for me at the moment. Wondering whether I should have 'gone away in May' etc.

Aim, is this not more to do with politics than common sense, is it not about votes, the younger generation buying into the ideals of cleaning up the world now (not doing it in a way that permits a staged change). If there were any problems re decomissioning, I fear that would just play into the hands of the green lobby about the awful O&G industry. I suspect that until the public embraces change over a sensible period rather than an instant switch to alternatives that don't yet exist in any practical sense, we will not see the pressure on our NS industry alleviated.

Blimey, that's a good return. What was my issue wih it Sangi? Was it volume/liquidity? Anyway, whatever, I'm glad you did well on it.

Timing's a bit weird too, normally the markets go quiet (not always) over lunch as serious traders are out eating/schmoozing/sniffing coke etc. Be interesting to see what happens as the US opens. I guess that'll be before they'll powered their noses so might give us a more measured view of 'what'sup'.