Member Info for wyndrum

Tony Plumber: The psychology of Technical Analysis

Ha! Look up the RSI chapter, look at the relationship between low SP's and the corresponding low's on the RSI, then look at Tils chart. Thats why there looks to be a reversal underway. can you see it?

Tils chart indicating a reversal may be underway with a confirmation of a close above 54.5p (Stop would be 48p (risk 7p). First target 72p, reward 17p a bit tight (for me) at 2.5 times risk reward. 2nd target 85p , 30p reward much better....

Yer pays yer money......

I think Doggy, we don't really believe or understand quite how useless govt is. (incl the Civil Service).

I think we all have a moan when it affects our own lives on a very small scale. (I am trying to get the council to trim back a footpath that borders our property as it has been neglected for 12 years and as you can imagine its wildly over grown. I contact the council, they email back saying someone will be assigned to this "case" 6 weeks later I ask, has anyone been assigned and when will it be inspected, and that was 8 weeks ago with no reply. 14 weeks and nothing.)

Govt is seemingly inept and paralysed in doing anything quickly or efficiently at any scale.

As i say I think we experience it on a micro small scale personally, but still cling to the hope that "big" govt are actually competent. And they are not.

Taxes are at there highest in 80 years (and likely to rise further, yet the state responsibilities such as education, health (including the ambulance service which its importance deserves to be singled out), are in complete disarray, as is the energy market and national defence. And lets not go to the Police.

Every single area where govt is involved is an utter disaster and unfortunately they have command and control over all the life and death depts of society. Its pretty bleak if you bother to think about it....

Rant over.

SI & SGF, I get your scepticisim, but.... why (SGF) do you think 4p plus is important (or important enough for you to use that as a target/figure?) Likewise SI, what's special about 3.7p?

I'm not trying to ram TA down any throats, but almost all investors place price targets on their expectations and usually inevitably, its based on what has gone before when quickly looking at a chart. So whether or not there is a conscious acceptance of TA as a method of expectation, the fact that many use it, even sub-consciously, simply adds to the "predictability" of the likely hood of emotional response of buyers and sellers at particular price points.

(Its still just a crap shoot....) :0))

Just Like Vegas, and Gracie, then, hurl some insults, peddle deliberate lies you know you can't sustain in any way, and then run away .

This has been particularly tiresome but I hope at least some will have seen through you for simply lying about someone who's "crime" was their opinion didn't match yours.

SGF, the fall back to 3.5p (where it had been a high 3 times previously is the next support so (technically) its now in a trading range between 3.5p to the new high of 3.62p and a break above 3,62 would be bullish. If it closes below 3.5p than the next support is a bit debateable , there is a case for 3.4p but the next major support imo, is 3.25p.

(3.58p is no longer a support or resistance as it was supplanted by the new high of 3.62p. So even if it went to 3.6p that would not be particularly noteworthy of further rises as it had been higher (3.62), and fell back.

Again technically, now we can say 3.62p would be classed as a "false breakout".

TA is brilliant for never being wrong and every move was entirely predictable, I may even have mentioned it was possible that the 3.62p was to be cautious about further gains....

(Just for absence of any doubt i am taking the **** out of myself.)

But the thing to bear in mind when using TA, is that is a an odds game. It tries to point out what the next move is most likely to be, rather than being in fact predictive.

Its like Harry Kane taking a penalty. He will almost certainly score but there is a small chance he won't. So you would (if you had to) bet that we would score a goal. However if he then went on to miss the next 6 penalties then the odds of him scoring will change and you might also change your bet on the outcome with this new info and past results.

And that's pretty much TA. It tells you what is most likely to happen next but that move may not be sustained if over the next few days or (weeks)new info emerges (patterns) that then changes the forecast.

I didn't bait you, I simply highlighted the hypocrisy of your statement.

I am not interested in what others think as you are so desperate to deflect away form what you said.

I posted two posts from Thursday and Friday on the results and my reaction to them. How were they hyper negative? I posted it for you so you did not have to do to any research.

But it begs the question: if you don't read the "drivel" i write, how do you know i am negative on AVCT?

The fact is you don't like or share my opinion, fine, but why then make up falsehoods to try and discredit me in front of other anonymous posters? Why do that? Does it make you feel better, does it improve AVCT's chances of success? Whats your motivation in deliberately lying about someone?

Just admit you are wrong. Why is that so hard. Its an anonymous BB. No one knows who you are.

Marik, you are pretty despicable. I don't mind people disagreeing with my views, that's what these BB's are for but you just make things up and lie about (in this case) me, and do not have the integrity to apologise for the false hoods you peddle.

Where is the proof I have a short open on AVCT? Just answer the question. It was you that said i had.

Marik, you can't find anything can you, to back up your deliberate, misleading posts about can you?

Three times I have asked you to show where I am hyper negative or any proof of how I have a short open.

You brought it up, not me. I did not bait you. You posted these lies about me to i suppose keep up some sort of anti-wyndrum feeling going? I don't know. But it doesn't matter. Just show me your proof on those two allegations please.

Or, or.... apologise for saying them and then its all water under the bridge.

well, yes AB, I did notice that and thanks for alerting others to it too. But it has become increasingly tedious for me to be labelled as a Troll, on a company I am invested, simply because I happened to foresee that AVCT's delay in getting a test out would resulting in missing most of the income from what was meant to be "first mover advantage".

So, now when posters deliberately assert falsehoods about me I will ask them to back it up with some sort of proof.

Yanis! careful!!! it would not take much for EVE to completely buy back all the shares and take it private! They would save a bundle in listing costs and you would have nothing (very much)....

This is along slog or a take over to speed things up. Patience looks to be the order of the day. (at least for another 3-6 months)

Marik, don't pass this off to anyone else. You made the claims, now substantiate them.

Its twice you have responded without doing so. Chop chop

No help at all Pedro but thanks for the input.

Don't wimp out Marik, It was you who, quite unsolicited, that said I had a short open, it was you that said I am hyper negative to prove that I had a short out. I am simply asking you to substantiate what you decided to post about me.

I have openly re posted for you two very recent posts that contradict that assertion. Your turn.

I think just calling people names and lying about them and asking the mob to back you up is not all that powerful an argument?

Anyway, Like I said don't wimp out, where is your evidence that I have short open or hyper negative about AVCT.

Marik,

I posted this on Thursday results day:

"I think highlighting AVA as the near term driver is just referring to scale.
(Assumption alert!!)
Assuming the trial is going well and continues to do so, then in the coming weeks it will become evident to the wider market perhaps how important this will be to AVCT market cap as the SP re-rates.

LFT is very difficult to quantify without sales numbers and profit margin, but based on what the RNS says, even if its worth £2m per month that will not be the "driver of value" compared to the AVA ongoing updates, even in the short term
Thats my take anyway."

And on the Friday I posted:

" (I might point out that yesterday morning prior to the market opening I did not think that the RNS was market moving news. I actually said possibly a fall to start The fall , and subsequent move upwards only confirmed the support.)

During the day I confirmed that I had made (several) buys/tops ups as I believe AVCT had bottomed out and that the most likely way was up from here (or there, as in yesterday) and its been up today giving more distance away from yesterdays low.

Currently (from a TA perspective) I am bullish."

So Marik, ?where is the hyper negativity you accuse me of. and please respond because its you that brought it up, not me.

Marik, show me where I have been hyper negative on the AVCT?

All I have ever done over the last months is question the rhetoric coming from AVCT on their LFT and my opinion on the shrinking market to sell it into. (Which, and this should be taken into account, thus far has proved to be accurate). At the same time I identified that the SP was more likely than not, to fall, (which, and this should be taken into account, thus far has proved to be accurate)

So I don't think it is fair or reasonable to be criticised as "negative" just because It turned out I was right. I mean, that would be very strange, wouldn't it?

As everyone here continually says, there are several avenues outside the LFT which I don't recall being negative about at all, quite the reverse.

So to recap, show me the "hyper" negativity which as you have introduced the Hyper word suggests you have some humdinger of a post of mine to refer to.

And please do this as this is the only "evidence" you have put forward to suggest I am shorting the stock, which so far, isn't actually any evidence at all.

Boo has been a frustrating stock because it flirts (sometimes quite convincingly) with breakouts but has continually failed, falls eventually to the next support down, rallies and then falls through to the next support.

I though a while ago that the chart looked awful I mean really bad (150p bad) and said so but after that it tried to rally and as we know failed. It also when near 300p seemed such a potential fall to 150p as to be almost implausible, but not now'im afraid.

You can't know for sure and this could be the very bottom, but I don't see why anybody would risk buying in right now. Surely its prudent to wait to see where this is going rather than just assuming after a big fall it must rise ?

Marik, what evidence do you have that I have shorted or have a short open on AVCT?

Now, don't ignore this because you have made the claim that I have a short currently open.

So all I am asking is that you offer some, any, sort of evidence that this is the case. Anything at all, really, absolutely anything that supports your opinion.

Maybe ND, who knows...

no one has responded to drshan's post about the 3 production trials and I have reposted it a couple of times with no feedback. Was drshan wrong or misheard or invented this part of the presentation?