Ashtead Share Discussion Threads

[bracke] 23/9/2016 11:14

It closed at 1128 on 20 July and gaped up from there.

The nearest it got to filling the gap was 1141 on 04 August.

So you'r thinking it will drop back to 1128, could be worse. There is another poster, who shall remain nameless, who has stated he would not be averse to buying at 900!!

[lairddavid] 22/9/2016 22:00

Sorry, looking at candlestick graph above in the header it was around mid July.

[bracke] 22/9/2016 18:06

That was 14 June but I can't see any unfilled gaps.

[lairddavid] 22/9/2016 17:23

Hi Bracke...I think it was the one when it jumped on results day.

[bracke] 22/9/2016 11:04

Good day LAIRD

Which gap are you referring to?




To-days price action following the FED's decision is disappointing. It hasn't even managed to move back above 1200. Maybe it will get a kick up when the US markets opens.

[lairddavid] 21/9/2016 21:53

Will probably fill the gap from June, then motor on back up again!!! that was the Tetley leaf prediction.

[bracke] 21/9/2016 18:07

Duncan

The day before results day it closed at 1258 and the following day rose to an intraday high of 1375; an increase of 117 = 9.3%.

Viewing the price action on results day one might think it was a blow off top. The action which has followed shows that sellers have taken profits and outstripped buyers.

The question to be considered now is at what price buyers will return...notwithstanding the buyback programme.

[duncan doughnut] 21/9/2016 17:41

I'm surprised these have come off over the past few days, especially after the recent trading update but i suppose a small retreat was due.

[bracke] 21/9/2016 17:20

uppompeii

No I closed it the same day for 44.67 points.

[bracke] 21/9/2016 17:19

Now its becoming interesting.

The share price has broken below support at 1200 but only just and is resting on a fib at 1186.

Mrs Yellen to the rescue?

If the fib fails to support; the runes, the chart and my gut indicate 1160.

[uppompeii] 21/9/2016 17:16

Is your short still active my good guru? My gut is not quite ready yet....this is getting quite battered.

[bracke] 21/9/2016 10:24

Good day uppompeii

Be sure to differentiate between your 'all seeing' gut and flatulence.

[ianwwwhite] 20/9/2016 19:53

Meyers,

Ok, I am sure I'll regret asking, but what are the first and third?

[mayers] 20/9/2016 19:28

It may be of interest that the Gut is known as the 2nd nervous system, having a certain autonymy. I e-mail in some trepidation in this privy council.

[uppompeii] 20/9/2016 18:35

It's back to where I sold, I may well go with my gut feeling at some point.

[ianwwwhite] 20/9/2016 17:14

Thanks bracke

Let's see what tomorrow brings.....

[bracke] 20/9/2016 17:08

ian

I am unable to read the article it will not give me access but I hold to my comments.


"is this pre-FED announcement jitters?"
=======================================

Maybe but there is little argument that the FED will hold interest rates which will then give an opportunity to raise the market. That's what my gut says.

The market thrives on volatility.

[ianwwwhite] 20/9/2016 16:54

On a serious note, I see we ended down 22p or 1.8%, whilst URI is currently down 3.1%... is this pre-FED announcement jitters?

[ianwwwhite] 20/9/2016 16:50

Good afternoon bracke

I must confess to being a little surprised that you should try to rebut the empirical findings of a serious piece of Cambridge research, with an extract from something called 'Medical Daily' but so be it.... suum cuique! (lol!)

[bracke] 20/9/2016 16:32

Good day ian

"By combining body and brain, the best human traders can outperform computer algorithms, they said."
===================================================================================

Brain yes. Body ie. 'gut' complete spherics!!

We don't think with our gut (gluttons apart). We see, we hear, we process (brain) we act.

'Guy feeling' is use of the senses to reach a conclusion using the processing power of the brain without use of aids eg charts.

And please do not laugh at uppompeii, he needs no encouragement from you.

[ianwwwhite] 20/9/2016 16:21

uppompeii

lol!

[uppompeii] 20/9/2016 16:18

...or charts...

[ianwwwhite] 20/9/2016 16:15

FT 19/09/16

Sensitivity to “gut feelings” is a strong predictor of success in financial trading, according to research led by Cambridge university.

The study of 18 hedge fund traders found those with greater “interoception”, which is the ability to sense the state of their body, made more money and survived for longer in hectic financial markets. Results are published in the journal Scientific Reports.

“Our results suggest that signals from the body, the gut feelings of financial lore, contribute to success in the markets," the authors concluded. By combining body and brain, the best human traders can outperform computer algorithms, they said.



...... food for thought! (boom boom!)

.

[bracke] 20/9/2016 15:51

Perhaps the FED can provide the impetus tomorrow otherwise its back to 1200.

[bracke] 20/9/2016 10:35

Back to the 1240 dithering