-
19-08-2010, 08:28 AM
#1021
Originally Posted by JBmurc
--This is one of the big drawbacks to relying solely on technical analysis. At bottoms the technicals will always look terrible. If one basis their trades solely on technicals they will forever be selling at bottoms and eventually they will destroy their portfolio
Dont agree with this.
Everyone on this site seems to think theres only one way of doing technical analysis
Some TA uses different methodologies such as looking for likely areas of resistance/support and selling/buying into those
gold holding above 1225
silver not as strong
I checked out your comments re Trademe Skol
there were quite a few bidders on silver oz's but yes they werent paying over NZ28 as of yesterday. But in very recent past not a skerrick could be had below 30. Might take another spike up to create some fervour again. I'm picking silver will hit 20 again soon.
Last edited by peat; 19-08-2010 at 10:17 AM.
For clarity, nothing I say is advice....
-
19-08-2010, 08:39 AM
#1022
I'm not going to let you get away with that JB :>)
Originally Posted by JBmurc
from your link Elzorro is why I put F/A before T/A on buying shares
--This is one of the big drawbacks to relying solely on technical analysis. At bottoms the technicals will always look terrible. If one basis their trades solely on technicals they will forever be selling at bottoms and eventually they will destroy their portfolio.......
JB ..that's garbage...TA knowledgable people don't sell at the bottom because they are already out of the market ..you know that.
Re : bottoms...picking exact tops and bottoms as it happens is near impossible..hence the saying.. "picking bottoms gives you sh1tty fingers".
P may be on holiday but I'm not
-
19-08-2010, 08:39 AM
#1023
Originally Posted by JBmurc
-Still holding the same shares SKOL I see TLS get hammered recently too bad you don't follow some of my picks SVL up over 40% for under a month my most recent buy
No worries about TLS, it'll be back. I bought AWB at $1 a few weeks back and just sold for $1.44, not too bad.
On the subject of your picks I don't take too much notice after NAV's dreadful performance you need a win.
UU made a disparaging remark about it too, which I thought might prompt a reply.
Last edited by Skol; 19-08-2010 at 08:41 AM.
-
19-08-2010, 09:03 AM
#1024
Originally Posted by Hoop
JB ..that's garbage...TA knowledgable people don't sell at the bottom because they are already out of the market ..you know that.
Re : bottoms...picking exact tops and bottoms as it happens is near impossible..hence the saying.. "picking bottoms gives you sh1tty fingers".
P may be on holiday but I'm not
LOL knew that would spark up a few yes yes T/A experts usually make sure there out before the shares trend even lower because they follow the MA look at OGC.asx for one shows the MA60day holding till just recently where it broke through so Mr T/A expert would have sold now he will wait to the SP heads higher over the MA60day before buying back in-
Still I put F/A before T/A in buying a share because I don't sit in front of screen 24/7 waiting for the MA or resistance to break before buying an miss-out on alot of the growth the more you Trade the more you will use T/A any investor will be paying tax in no time if he sold every MA cross on his shares so F/A is by far what most here need to do before buying longer term unless you want to pay the Tax man
Last edited by JBmurc; 19-08-2010 at 09:05 AM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
-
19-08-2010, 09:10 AM
#1025
Originally Posted by Skol
No worries about TLS, it'll be back. I bought AWB at $1 a few weeks back and just sold for $1.44, not too bad.
On the subject of your picks I don't take too much notice after NAV's dreadful performance you need a win.
UU made a disparaging remark about it too, which I thought might prompt a reply.
Well get ready because NAV won't be down for long(still above want I paid)
my other buys over the last few months check the threads for proof I unlike many state before the shares go up
PENOA-19.5c
ROC-33.5c
SSNO-2.1c-5.4
SVL-10.5c
CFE-33.5c
Last edited by JBmurc; 19-08-2010 at 10:23 AM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
-
19-08-2010, 09:24 AM
#1026
Originally Posted by Hoop
JB ..that's garbage...TA knowledgable people don't sell at the bottom because they are already out of the market ..you know that.
Re : bottoms...picking exact tops and bottoms as it happens is near impossible..hence the saying.. "picking bottoms gives you sh1tty fingers".
P may be on holiday but I'm not
Sorry about that JB, I had no idea there was a disparaging comment about TA in that link..didn't mean to get you into trouble..
-
19-08-2010, 10:25 AM
#1027
Originally Posted by elZorro
Sorry about that JB, I had no idea there was a disparaging comment about TA in that link..didn't mean to get you into trouble..
Doesn't worry me mate good to get a bit a life back in the thread the overall ASX thread for one has be pretty lifeless of late
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
-
19-08-2010, 12:43 PM
#1028
Last edited by Hoop; 19-08-2010 at 12:50 PM.
-
19-08-2010, 03:51 PM
#1029
Thanks for the graph, Hoop, and the message. I hope you've bought some OGC for yourself..
I have been very polite with this link, not a goldbug site, both sides of the argument are addressed..and it's up to date
http://articles.moneycentral.msn.com..._blg=1,1567925
-
20-08-2010, 07:25 AM
#1030
If you don't thinks gold's in a bubble read the article in the Herald yesterday.
A dealer said that before Sept. 2008 he'd get 3 or 4 local enquiries a day, now he gets 20. Amateurs loading up on gold and silver.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks