Member Info for Stupmy

It's almost funny that you pooh pooh TA/Charts as being unable to help you judge future probabilities etc PI, but simultaneously tell us with confidence what the future is going to be. I don't know one way or another. I hope you're right and that news flow changes to become more positive.

From a TA perspective I'm seeing the same as you Boyo. I'm maybe more hopeful than you are mind. Hope isn't very useful midn.

US is selling off again. Party over for the US composite indexes? Tomorrow could be interesting.

That's a fast change from being a prospective acquirer to having liquidity problems. I'll be interested to see how this plays out. I guess a firesale of assets could be good for us.

So how interesting might that be to us? On the face of it, as long as EPL is not killing us, it would seem interesting to me?

Interesting. Anyone have a feel for their assets? Fit with us?

Good work Stalin, makes sense to book it from time to time.

Very annoying with your acronums ms, please explain

I was trying to get a link to share a chart as to why 350 area might represent a support, but I've forgotten my password and can't do that for the moment, but the rationale is this for those who can look at charts themselves.

if you draw a descending tl from Feb 2nd/Mar 4th (almost)/Apr 9th/today, then 350 might represent a support. I suspect it's grasping though.

I suspect that the round number thing is at play. I also suspect that's more related to PI's than algos and II's. Each time it try to rise, it's sold into at the moment. I'm exposed from an average around 380, but won't add for the moment, there seems to be considerable downside risk and although 345 might represent a speculative entry based on support, I'll probably wait for evidence that buyers are getting back in control before adding to try to bring my entry average down.

Nothing has really reacted as far as I can tell. US markets looking for upside, oil unchanged, gold unchanged really. Bit of a surprise to me.

We're very much on the same page Boyo.

For the sake of fullness (ish) here's a link to get you started if you're interested

https://www.reuters.com/markets/deals/ocado-completes-deal-extend-partnership-with-frances-groupe-casino-2022-06-30/

Was it the deal with Casino that caused the bump up? That was Nov 2017. They extended that collaboration in 2022, suggesting there was no fundamental problem. But at least some of Casino's sites have been now sold to Intermarché. Not sure how vulnerable that gap is. Happy to read other's views.

Boyo, what was the reason for the big gap up that you've brought into play. I'd not seen it, so hadn't gone far enough back.

I agree we could do with less hatred BTF, but I'm not convinced about this bit "If ladies were in charge we would not have any wars', women are not necessarily the fairer sex. A recent study suggested that the idea that there is a lower % of psychopaths/sociopahs in the female population is based on misunderstanding the traits expressed by female vs male pyscho/sociopaths. The conclusion of the study was that the numbers not far off 50/50. And it's not hard to find examples of awful behaviour from women in contemporary or historical times. Probably the reason that it seems there are more male nutters vs female is to do with the proportion of world leaders, top dogs that are male vs female.

Looking more and more likely that we'll see 495-505 area.

"Wig, it doesn't have to be on the same day. The SP is looking for downside again. I assume that's MM's looking for volume to encourage trading (and get their fees). I still hold the view that a close below 536 would make the 495-505 area very likely."

Goodness gracious, looks to have fuel in the tank even now!

So you're essentially projecting what's happened into the future and assuming it'll continue at roughly the same pace or faster based on the media coverage of the negative aspects of the company?

Having said that Chrysor bough PMO and the debt that came with it was viewed negatively by the market. The combination, HBR has led to a big drop in the SP, but they have cleared or almost cleared the debt. So for a SH, I'd imagine it could lead to losses at least in the short-medium term, but with good management the debt situation can be successfully navigated.

What's your evidence/rationale for those comments flatliners? Your comments seem to come from nowhere?

What is going on! POO is not particularly changing and yet the SP is rising a lot (not the only oiler though so maybe not TLW specific). All good mind, no complaints from me.