What do you think of this stock? Opinions please?

Discussion in 'Stocks & Derivatives' started by wrcmad, Mar 26, 2014.

  1. finicky

    finicky Well-Known Member Silver Stacker

    Joined:
    Jun 10, 2011
    Messages:
    3,543
    Likes Received:
    77
    Trophy Points:
    48
    Location:
    Dreamworld
    That's sneaky wrcmad. So that means us bulls should sell our silver
     
  2. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,360
    Likes Received:
    632
    Trophy Points:
    113
    Location:
    Northern NSW
    I'm not giving advice.... :p
    Merely offering a different perspective. :)
     
  3. Aureus

    Aureus Active Member Silver Stacker

    Joined:
    Jul 7, 2011
    Messages:
    3,003
    Likes Received:
    1
    Trophy Points:
    38
    Location:
    Milky Way Galaxy
    at least I didn't contradict myself
     
  4. tolly_67

    tolly_67 Well-Known Member

    Joined:
    May 17, 2010
    Messages:
    1,861
    Likes Received:
    100
    Trophy Points:
    63
    That is nice to know.....I have used charting before to time purchases and have been creamed every time...this means that my 'short' ....which now means a rise in price due to the inversion ......is dead wrong. I am a charting imbecile unfortunately so I will now keep waiting for further falls....thank you wrcmad for highlighting this.
     
  5. BiGs

    BiGs Active Member

    Joined:
    Jan 20, 2014
    Messages:
    821
    Likes Received:
    63
    Trophy Points:
    28
    Location:
    Sydney
    Commodity charting is different to stock charting. Mostly being the time factor I mentioned. You always look at the long term trend with commodities because it is such a large market without a board of director making decisions on its workings. To the point where you shouldn't trade paper commodities directly at all and only trade the spreads, as the pros do.

    I've been swindled!
     
  6. finicky

    finicky Well-Known Member Silver Stacker

    Joined:
    Jun 10, 2011
    Messages:
    3,543
    Likes Received:
    77
    Trophy Points:
    48
    Location:
    Dreamworld
    So what's this look like now? :) <- irony
     
  7. tolly_67

    tolly_67 Well-Known Member

    Joined:
    May 17, 2010
    Messages:
    1,861
    Likes Received:
    100
    Trophy Points:
    63
    wow....my original call of a short turned out to actually be a call for a long but in fact turned out to be a short.
    I can't work out whether I was wrong or right....or whether my wrong was right.
     
  8. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,360
    Likes Received:
    632
    Trophy Points:
    113
    Location:
    Northern NSW
    64% of participating stackers saw it..... how many acted on it?

    You can lead a horse to water........

    Most difficult skill in trading/investment -> EMOTIONAL DETACHMENT! :)

    [​IMG]
     
  9. tolly_67

    tolly_67 Well-Known Member

    Joined:
    May 17, 2010
    Messages:
    1,861
    Likes Received:
    100
    Trophy Points:
    63
    I have not yet been able to reach emotional detachment
    but I have made an artform out of capital detachment......(never to return)
     
  10. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,360
    Likes Received:
    632
    Trophy Points:
    113
    Location:
    Northern NSW
    Everyone who has had a real go, has made a loss or two (including myself) - I call it tuition fees. :)
     
  11. tolly_67

    tolly_67 Well-Known Member

    Joined:
    May 17, 2010
    Messages:
    1,861
    Likes Received:
    100
    Trophy Points:
    63
    With the amount of tuition I have had, I suspect I could actually have obtained a Phd.
     
  12. aleks

    aleks Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    2,318
    Likes Received:
    44
    Trophy Points:
    48
    Location:
    Karl-Marx-Allee
    Round two :)

    To give some perspective its either a daily or a weekly chart don't want to give too much away

    [​IMG]
     
  13. -j-p-shmorgan

    -j-p-shmorgan New Member

    Joined:
    May 24, 2015
    Messages:
    1,009
    Likes Received:
    0
    Trophy Points:
    0
    It climbs quicker than it falls. If that means anything to you. lol
    Other than that, looks sideways to me.
     
  14. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,360
    Likes Received:
    632
    Trophy Points:
    113
    Location:
    Northern NSW
    I instantly recognise this chart :cool: .... and I think, after testing resistance, it is going higher for the time being.
     
  15. -j-p-shmorgan

    -j-p-shmorgan New Member

    Joined:
    May 24, 2015
    Messages:
    1,009
    Likes Received:
    0
    Trophy Points:
    0
    Suuuuuuuuuuuure you do.............. :lol:
     
  16. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,360
    Likes Received:
    632
    Trophy Points:
    113
    Location:
    Northern NSW
    If you don't recognise this chart, you don't really follow the markets.
    Oh, of course, I should have looked at your trade history before assuming you are actively involved. ;)
    All of your 800+ dumb comments make more sense now. :lol:
     
  17. -j-p-shmorgan

    -j-p-shmorgan New Member

    Joined:
    May 24, 2015
    Messages:
    1,009
    Likes Received:
    0
    Trophy Points:
    0
    I'm in US, not AU. See the USA section filled with trades? :rolleyes:
    Following charts is overrated, so for that I have no rebuttal. :lol:
     

Share This Page