Member Info for Stupmy

The other thing botbot is that the moment someone wants to sell something to me, I start to wonder why they don't just use it and make money. In theory the money you can make is limitless so you don't have to sell training courses etc. They are selling it to you because they are not able to make money out of it (in my view), then you have to ask is it worth paying for it.

What I can tell you is that you can learn a lot of very simple stuff for free in no time at all on the net. You just have to want to. Then you need to put it into practice (you can study it historically in charts to get a feel for how you might use it), don't assume it will make you rich, don't assume it will always give you a good trade and start playing with it until you find bits and pieces that suit your style, time at the screen etc. It's worth it. And it doesn't have to be super clever. It's accessible to us all.

No, started here on bb's. Someone taught me a few tricks, I lost even more than I was losing before knowing them. But it did lead me to do my own studying and I found some bits and pieces that helped me. Much of it is based on just understanding (truly accepting) that the fundamentals are not necessarily telling you what 'is' happening, over time if your right about them, they're likely to be very, very important. But the market generally knows a lot more than we do and the market is buyers and sellers. You can see, in real time what the buyers and sellers are doing on a chart. It is helpful. For example if you choose a stock, market, derivative, study it, come to the conclusion that you understand it on a fundamental basis, the TA/Charts will help you exploit what the buyers and sellers are doing in the market. If you're in a fluid market, you're most likely a flea on an elephant that doesn't know that you're there or care that you're there. You can jump on and off at will and change nothing.

That is the trick Bhants, timing highs and lows, tops and bottoms. It isn't easy, but TA and charts can help a lot.

I did think the naples issues were a bit local and also unpredictable therefore not likely to register on any chart. The stuff you're talking about could easily be seen in a chart so I'm happier with your view. I think it's going to come off a lot more personally as previously stated.

I suspect I'll come unstuck, but I've snatched at this for a small long. I still think we're off to 508 or lower, but someone seems to want to buy it today.

SP looking for further downside now. Could that be related to the Naples earthquakes?

I think todays SP action makes 75 very likely indeed and I added to my short earlier. Obviously out of hours new might be a kick in the teeth so I'm not going mad here.

Well BT is indeed now below 113 and VOD although holding out a little is still looking for downside and I still think 71 is very possible.

Well, the SP did rise and I took a profit, I've been short VOD for a few days but not here. It seems that the 113 I talked about is now here. The SP is likely to exceed that to the downside, but I will be watching carefully now for evidence of a chance in direction so that I can a long position again. Wider market jitters mean it's likely to be a moderate and careful position. I'm expecting 71 or so on VOD and that could imply (if there's no company specific element) that we have further to come off here. There is a sensible potential support for BT around 112

EC, that makes absolute sense to me, fewer shares available for day to day trades due to large stable holdings means that what is traded is a much higher percentage of what is likely available on any day (unless someeone sells down, we all know that pain). Maybe it explains the high volatility.

Different strokes for different folks, the key to success is each of us need to find something we can work with and fingers crossed gives us an edge. Patience is a big plus.

There's a risk POO will come off and I guess it would take something like that or a political issue in areas of interest to TLW to bring the price off much. I still favour seeing 30 or lower. Just not sure when! I'll be very cautious about my trades until that time.

I trade FRES, but have been out for a while. I'm waiting for the price to drop to 508 or lower. At that point I'll be looking for long entries based on evidence there is a change in direction. I guess that would require stabilisation/reversal of the recent moves in silver and gold.

You state that as fact. What is your level of confidence bearing in mind it's something that might or might not happen in the future?

Price is testing 34 again. It's no longer on the rising tl support though,it's now trying to forma lower low (it will achieve that if it closes below 34), then it could test a shorter term rising tl support 33.5 ish. If that fails, then the chances of seeing 30p seem much higher, although you could argue there is support at around 30-32.5. Personally, I think we're going to see 30 or lower.

Probably dollar strenght/falling POO I'd imagine. It's got me watching closely again.

Bhants it's very volatile and no matter whether you look at charts, fundamentals or something else, you absolutely cannot see into the future. The volatility here is quite something and if you can exploit it, I assume it's profitable although I've not looked closely at the spread. It's up 30p or so since I posted. It really seems to have both buyers and sellers.

I'm the same as you with TUI, I haven't traded any shares recently because I have a positive view moving forward (rightly or wrongly).

Like you're expressions. I'm a big fan of expressions. How about trying to pin sentiment down on CCL is like trying to nail jelly fish to the ceiling.

SP up 40-50p now on US open. Be interesting to see how it settles.

I have no recollection of you being anything other than reasonable botbot. I have no position here, but do have a position in TUI (somewhat related/overlapped). My interest here is really to try to get a grip on what is causing weakness and assess whether it will hit TUI also. Obvioulsy I'm hoping not, but am being cautious on leveraged trades over there. I do trade CCL sometimes, but am waiting at the moment to see how things go as it looks weak.

Not sure what's weighing on CCL, but it looks as if 815 or lower is on the way. I've held a view for a little while that we'd even see as low as 650. I've been derided here before for my views (which so far have turned out to be correct) so save your breath if you're tempted. It's a genuine view, based on my reading of the Tea Leaves. I don't understand the reasons behind the weakness.

I've entered a small position long. Interim results tomorrow. Chart shows a potential bottoming pattern, but if you look at the data on the investors page on the website (link below to screencap), there would appear (at a facile glance) to be some risks. There was also the scandal involving pay rates below national minimum i.e. Sweat shop exploitation (see below). There was a boost to sales during COVID which may be unwinding now, drop in revenues over the last year might support that idea, cash balance very much depleted.

Personally I don't like holding overnight with a scheduled news release, but I've entered a very carful position. GLA

What was the Boohoo scandal?

The nosediving share price at Boohoo was sparked by a Sunday Times investigation published July 5 which found that some workers in factories supplying some Boohoo brands in Leicester, one of the U.K.s textile centers, were being paid as little as $4.75-an-hour, compared with a U.K. minimum wage of $11.15.Dec 10, 2020

https://screenrec.com/share/gknwHq5vpR