Danakali Share Discussion Threads

[jimmy28] 25/5/2002 00:52

Now now children - behave! - it 's friday

[psychicdoc] 25/5/2002 00:50

ff ever wondered why people like you so much..lol

[forfaiter] 25/5/2002 00:29

Solis..LOL...Glad to be of service.....

[smoketrader] 25/5/2002 00:15

Gnash, good to see someone else looking at the Fibonacci level at 54p. It bounced off the 62% level after the rise in Jan/Feb so could reasonably do it this time as well IMHO.

[solis] 25/5/2002 00:02

ff beginning to side with you. I think this stock is going down big time.

Co us well managed and will begin making serious money, but more than that there is going to be a clearout within the industry which will only benefit them.

So keep up the good work ff and all the losers on the Yahoo bb.

The more the price goes down, the lower I can get my average price !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

lol

[easykill] 24/5/2002 23:12

smoke trader

I am sure FF used some excuse to justify the bearish indication of the so called double top. So conversely I would like to see whether he is objective enough to accept on the same grounds that a double bottom is reached and hence indicating a bullish position.

[smoketrader] 24/5/2002 23:00

It's a zero-sum game though isn't it? We all have a laugh when we're winning but at the end of the day it's someone else's loss. In a bull run we're taking money from the shorters.

There's nothing wrong with selling short, but taking a short position in a small company and then bashing the hell out of the stock 24 hours a day is bound to annoy people. Just the opposite of ramping really.

[easykill] 24/5/2002 22:50

pippin

no one is really complaining about bears posting their views. Whats so annoying is the pleasure these bears exude at the expense of investors. They actually "LOL" at the price going down knowing full well people are losing money. That is below the belt in my book. Put forward the bear case by all means but do not take pleasure in other peoples losses.

[sigora] 24/5/2002 22:45

ThomsonFN site showing 75%+ institution trading interest today the heaviest its been for quite a while.

[smoketrader] 24/5/2002 22:38

LOL
I thought about saying that too.

On a serious note though, I don't think either really count because the timescale is too short, generally the longer the time interval between the two peaks the more significant the pattern is. Also look for around 20% retracement between the peaks, in this case it is around 25% but in the previous top it was only around 12%

[phook inell] 24/5/2002 22:24

hey FF, youre a chartist arent you.

We had a double top at $5 (c.86p) which you claimed to be a bearish indication.

But now, we have had a double bottom havent we.

Its hit $3 twice now and rebounded.

[sigora] 24/5/2002 22:20

When the shares hit $5 twice and came back down, it was called a double top, and now the share have twice bounced back of $3 is that clasified as a double bottom? any chartist care to comment.

[sigora] 24/5/2002 19:13

Just read on yahoo board of possible bid for danka europe from Ricoh 2nd round of talks are due next month the author of the post was the well respected sophiegirl.

[smoketrader] 24/5/2002 17:46

As far as TA goes, the writing was on the wall for this drop as early as March/April. Not caused by breaking through the uptrend or 50 day moving average. I totally missed it but this was foreseeable.

Good to see some TA from melfaraj, he/she seems pretty knowledgeable.

[ambabe] 24/5/2002 17:03

ff - Before you go

At what level are you going to close your short position??

[newstarter] 24/5/2002 17:00

Guys - come on, rise above this rubbish. This BB has gone from a truely great one, of great team spirit and fun, to a very poor one. One wind up merchant has done it - I KNOW WE ARE ALL BETTER THAN THAT, lets try to keep what we had.

FF - you clearly are no fool. Sure, people did not believe you, but you were right, for whatever reason. Why can you not just be satisfied with that, knowing thta short term you won. As they say however, the battle but not the war !!

[mooch] 24/5/2002 16:58

Relax - everyone take a deep breath.

Repeat after me:

Hlala Kahle

HAVE A GREAT WEEKEND EVERYONE (INC. FF, ETC.)

[rmitk] 24/5/2002 16:54

Sorry for the shouting not really aimed at anyone other than FF really, just got a bit annoyed seeing his negative posts.

Well have a nice weekend all, FF that includes you too.

[ambabe] 24/5/2002 16:54

Hey 357 I'm on your side!

Have a read of this:-

melfaraj - 23 May'02 - 22:07 - 66 of 68




- the 20 day moving average acted as a support throughout the stock's big last months rise. but this has now been breached. so has even the 60 day ma. this may not bide well, but some correction was to be expected after such rise.

- the stock has now bounced off the 50% fib retracement of its 33p-86p hike, but the doji candle stick warns of possible reversal, i.e. downwards move.
- macd calls for further drop too, while the rsi and stochastics lay at or near the bottom of the nutral range to incicate the stock may rise soon.

the various indicators do not line up. you will have to wait for the stock's move over next week. if it is to fall then the next port of call is 53p, fib 33% retracement. if the stock is to pick up, along the indications of the rsi and stochastics, then it would be a candidate for investment.

[357aman] 24/5/2002 16:53

I will have a beer when people like you proven wrong! You guys make
the meaning of hate meaningful!!

[panagos] 24/5/2002 16:48

why, how many are you??

[millionaire] 24/5/2002 16:48

ZEN - go back to your EGS, TWT, NTL thread.
This one is not open to negotiation.