Fln Angl Hy Cp Discussion Threads

[melfaraj] 04/5/2002 12:25

tsp, and it is tmt.

[melfaraj] 04/5/2002 12:25

tsp, and it is tmt.

[rjmahan] 04/5/2002 00:28

This is a really good thread - esp for me (something of a beginner).

Just to ask - once you hav got in on a breakout at a good level how do you decide when to sell ? ? This is an important question and the difference between a winner and a looser.

For instance I got into MCTY at 314.5 and watched it rise up to 359(ish)today.

I then saw a fall on volume of 700k - as opposed to c300k on a normal day. I got out at a bid of 353 and the bid is now 350.
I observed a ratio of buys/sells/ of around 1:5.
Is this the correct way to look at it?
Should I have waited until support at 310 was tested ?
The intraday charts over the past 4 days show pretty much a vertical line...


Come on guys what would your next move be ?

[rjmahan] 04/5/2002 00:10

I think PSN is about to break out the only thing it lacks IMHO is the volume it isnt rising - but compared to the past volume for the stock has been significant.

It has broken resistance at 470. It is hitting 52 week highs, MAs are moving upwards, RSI and MACD arnt indicating overbought positions.



Tuesday will be the key for it - I got in at 475.75 but I will get out quick if it falls below 470...

[melfaraj] 03/5/2002 23:41

i have come accross a statement along the same lines of yours regarding how vod should be viewed. i understand that spread betters are betting on vod to go below 100p. after today's falls the price is hovering just above the 100p mark. the past few days rally may well have been a fake one and as i said above the general trend is downwards. i would veer away from this stock for the time being until the situation has cleared up. in particular at this juncture brokers valuation tend to diverse greatly. personally, if i have to invest in it i will short it at this juncture, best avoided.

your alias can be shortened to ero, short for euro!
as far as i remember the erogenous zones of miss jones lied somewhere arround the equator, according to rigsby, not that he came any closer than that to examine them, for geographic reasons of course!

[balto] 03/5/2002 23:36

UKC
Can't remember who gave this ( energy, melfaraj???)
Does today rise conferm breakout???
Does it really pay over 9% dividend???

[sigora] 03/5/2002 20:07

goodfella please check my message on your thread RIP posted earlier this evening

[goodfella] 03/5/2002 19:40

I highlighted WEIR a few weks ago as one to watch.

It has all the signs of a breakout today and has a potential 120p upside

[fanta] 03/5/2002 19:06

pacman88...you couldn't edit out that link error...could you please..pretty please...

F:-}

[pacman88] 03/5/2002 15:04

MER just broke out!

[melfaraj] 03/5/2002 14:22

wos appear to be on the brink of a break through. director has bought.

[melfaraj] 03/5/2002 10:16

erogenous jones: like the name, did you get it from rising damp?
the answer to your question above is no? i wonder how did you arrive at such conclusion? perhaps you were looking at very short time span chart. for a double bottom 'w' to be effective the touchdown legs should be seperated by a certain minimum time span, usually thought to be one month. but then you can come accross some mighty w's whose legs are seperated by many months. or a small w within a big w. i have reported some big w's in this thread above.

i see vod as trending downwards, not a very good omen!

[melfaraj] 03/5/2002 07:59

wos, has been within very tight range having risen sharply earlier on. when would the breakout come? any ideas?

[melfaraj] 03/5/2002 07:48

hrn, reported this one as a candidate that needs added confirmation. this has come with today's rise.

new ones: bsla, dno,esgn, btm & sur.

have fun

[wholden] 03/5/2002 04:23

fpt is another one!!

[wholden] 03/5/2002 03:32

and another one, look at FEM ok pretty ordinary over 5yrs, but over 2 yrs it kicks butt! check it out against the ftse and ftse 250 broken out against both these index's, ok fem not a stock as such, but interesting to see the comparison.

[wholden] 03/5/2002 02:55

fanta: some more for you to mull over:
utv
wmk
ule
alv
cty

[melfaraj] 02/5/2002 23:05

mnr, is it going to break through or would it fail and produce one mighty head an shoulder pattern. i would bet on a breakthrough!

[melfaraj] 02/5/2002 18:21

smft, in a good 'boring' sector too, forestery and paper. it seems nowadays the more boring the sector it is the better it does, a sign of investors jitters and lack of confindence.

[the jitters] 02/5/2002 15:56

Cheers zz. I think the length of your charts dont quite show the potential of the TBO very well though. Let me have a go at posting longer term charts......







Of the 3 my favourite is Paladin as the other 2 if they succeeded would be producing TBO's based on recovery rather than genuine long term strength.

A comparison of the Soco chart with Paladin also shows this wishy washy sideways kind of consolidation after a large rise and we all know what happened to Soco when it broke ;o)

Fundamentals also seem to underpin the idea that PLR is the best candidate although I feel its not quite ready to pop just yet.

Phil

[zzaxx99] 02/5/2002 15:35

Merant:



(code to post that Merant chart:
<img src='>http://www.advfn.com/cmn/chrt/draw_chart.php?epic=MRN&type=1&size=2&period=4&ind_type1=1&ind1_1=&ind2_1=&ind_type2=6&ind1_2=26&ind2_2=&ind_type3=8&ind1_3=&ind2_3=&olx_1=3&ma_type1=3&o_1maday1=10&o_2maday1=&o_colour1=3&olx_2=3&ma_type2=3&o_1maday2=20&o_2maday2=&o_colour2=4&scheme=&delay_indices=0'></img>)

Old Mutual:


Paladin: