Hollywood Bowl Share Discussion Threads

[thebarrelboy] 27/11/2002 19:15

Goodfella;

I find your angst at being reminded of Pro somewhat disproportionate - is it really so annoying to be reminded of your few mistakes?

But that's in the past, I think if you were to check out the current situation with Provalis you'll find that they are now well worth a look.

Oh, and what do you make of today's US figures and the positive market reaction - I expect that the figures are simply being manipulated again eh.

Fact is that the whole bearish scenario is folding around your ears old boy, undoubtedly I wish I had listened to you and a few others in early 2000 - Ironic that you're about to make the same mistake isn't it.

[mike_c] 27/11/2002 18:37

goodfella keep up the good work, that retracement enabled me to take some tidy profits, looks like it's all trying to break out now though.

[manu4me] 26/11/2002 22:29

come on gf they (me) r having a go at ur sunderland ...u've got to defend them no matter what?

btw - i'm not ainsoph!

m4m

[goodfella] 26/11/2002 22:20

Antonios we all know you are an Ainsoph Alias so why do you bother.

The Barrell Boy.

I have never pretended to be infallable only more right than wrong which is the percentage you need to be successful.

There is a disease which permeates through British Society where under achievers persistently seek to cast aspertions on those who over achieve.

I make no excuses for the failure of PRO but you choose to specify one post and ignore the following posts which stated that the charts had taken on a bearish appearance and I was cutting my position.

Maybe If you and Ainsoph/Antonios cuddle up together and you can tell each other how great you are.

I siad the markets would rally from the July lows and October lows (BOOM) to the very day that they would happen and had a ceratian degree of certainty in those predictions.

I also said I expected a reversal today a week prior to it happening but as I was getting mixed signals could not say so with total conviction and subsequently qualified the post.

The fact that I had called the previous rallies ro perfection is more of a burden than a plaudit as If I had said with any degree of certainty that we would get a strong reversal today when my signals were clearly mixed would have been irresponsible if some had followed my call and gone short and lost money if the reversal did not materialise.

I have to be careful and genuine in my interpretation whereas you do not as from what I can see you have nothing useful to say.

[thebarrelboy] 26/11/2002 22:01

Once again, I have to remind you that about 12 mths ago Goodfella commented on Provalis (PRO).
At that time they were heading for the mid 20's and Goodfella remarked along these lines " I see no resistance until approx £1.70"

Cannot remember the post exactly but I'm sure he won't dispute this.

Not quite right eh, they actually fell to 5p.

Mind, they're about to embark on a decent rise from this point.

Like the rest of us, Goodfella aint infallable.

[mike_c] 26/11/2002 20:58

Once again I have to confess Goodfella was spot on for timing the retracement. I stuck with my BSY short at 650 thanks to your confirmation using the VIX and s+p charts.

[antonios] 25/11/2002 15:18

Total confusion............

Change hats--move the goal posts--and call in King Canute.

[goodfella] 25/11/2002 11:43

Sometimes we look for the market to do what we WANT it do rather than what it is telling us.

As bears if there is a bullish and bearish possibility we will opt for the bearish as our physche tells us to do so.

You have to take of the bear hat and put on the neutral hat to take an unbiased look at the market.

Basically the rally is a bear market rally and we have to decide how far it can run.

It is an ABC correction with the leg from OCT lows the C wave and Elliot rules state that if the B wave exceeds the bottom of Wave A then C is likely to be 1.618 the length of A which could take the market much higher to 10036 and looking at the weekly chart it could reach this level and still bein a downtrend

Add this to the fact that the symettrical triangle has broken to the upside then the outlook is bullish with a target of 9600

Balancing this is the S and P 500 was a Standard ABC correction where A and B waves were similar and C should not go higher than 960- 970, which equates to another 300- 400 points on the DOW.

If trading this market to the short side we need to see the rallies fail and break down through support levels before we know its over.

Best to be out of the market or have a hedged position long on indices and short on weaker stocks.

I have enclosed the S and P chart aptly labelled "total confusion" due to the number of conflicting signals on the chart

[goodfella] 24/11/2002 10:42

I have just read the latest commentary on Elliot Wave International and see they have finally come to round to my way of thinking and that their initial wave count was wrong and I was right to stick by my guns and go against the "experts" opinion.

What also struck me about this commentary was the variance in their wave counts translation for the Equity Indices and Gold.

Whilst they are short term bullish on Gold and persistently bearish on equities they use a breakout of a symettrical triangle to demonstrate the upside on Gold but totally ignore the same pattern on equities as it suits there bearish case.

I will demonstrate later how the Dow Jones could approach 10000 and still be in a bear market .

They are however marketing a book "HOW TO CONQUER THE CRASH" and given that they are long term bearish it would be only natural for them to adopt a negative stance on equities

Whilst I am also overwhelmingly bearish one must be mindful to the potential for the rally to run much further before confirmation of failure and the opportunity to place large short position bets.

[hedge66] 22/11/2002 12:22

GF
you said
''Keep your powder dry for shorting as this will be the best XMAS present you will ever get if this rally fails''

the 'if' bit is unlike you :-)

[moonblue] 22/11/2002 12:22

LOL AASHLEY...YOU BAZZZZARR MAN

[mad4it] 22/11/2002 12:22

Dont let him fool you, goodfella and Dil are actually Ainsoph!

[goodfella] 21/11/2002 23:52

Dil

My speelling is fine but my tyoing is crop ;-))

[maxinvestor] 21/11/2002 22:22

Bull market November to March.

Max

[farsight] 21/11/2002 21:41

Goodfella, I see a bull market until the end of January at least.

[mr ashley james] 21/11/2002 21:31

GF,

Pretty convinced FTSE top will be next Monday around lemming feeding time 9.00 am to 9.30am.

Should see profit taking into Friday 29th.

I am afraid though from Monday 2nd I am bullish again for December highs before Xmas.

BTW Do you post on PBB?

Cheers

Ash

[mike_c] 21/11/2002 21:24

Goodfella, I must admit you seem to call it more right than wrong, I'm impressed. Perhaps you could possibly post those 2 charts ie s+p and the vix closing positions on a daily basis for us mere day trading mortals. Massive thanks if you would consider. I've been trading on pure sentiment and have had some decent returns, started shorting towards the highs today expecting 8,800 on the dow and 1450 on the nas to offer some resistance, guess I was slightly premature. :o(

Ironically re: your post on Nov 4th My chosen short was BSY today at 650 which proved to be the last rally peak. However worryingly the ADR's are indicating a blast through this to the 660's and obviously this would be unfortunately rather bullish for my chosen short. :o(

[mr ashley james] 21/11/2002 21:22

Dil,

Saved this specially for you-hou!

Beware! I got this today and the warning is genuine!
Yesterday, a friend was travelling on a Paris to London flight.
A man of Arabic appearance got off the plane and my friend
noticed that he had left his bag behind. She grabbed the bag
and ran after him, caught up with him in the terminal and
handed him back his bag. He was extremely grateful and reached
into his bag which appeared to contain large bundles of money.
He looked around to make sure nobody was looking and whispered
"I can never repay your kindness, but I will try to....with a
word of advice for you: Stay away from Wales".
My friend was genuinely terrified. "Is there going to be an
attack?"she asked him. No ... ", he whispered back...... "It's
a sh1t-hole."

{;-o)

[dil] 21/11/2002 20:30

See your speelling aint improved gf !

:-)

[moonblue] 21/11/2002 20:02

well maybe a pause at 975,,,whats that on the dow?

[goodfella] 21/11/2002 19:57

Moony

Just for you as long as it goes up in a straight line

[moonblue] 21/11/2002 19:34

im looking for 1075 goodfella