Iofina Share Discussion Threads

[scrutable] 25/10/2013 18:11

M & S
Sorry sg but I don't see it.

To me the long term sticky oscillation with three year-long half phases are each made up of 5-6 subsidiary oscillations. The share price point is now closing on the next low probably not far from 470p. It still has one more 8-10 week half cycle to go (upwards) These subsidiary oscillations have repeated with acceptable regularity to signify stability If I were keen on the FTSE sector , which I am not because "elephants don't gallop", I could actually go long on M &S.

My call would be Don't Do It the risk is far too high, but in 10-12 weeks time there could be a more valid opportunity at 520p.

You are wise enough to know that there are no Certainties. Its all about probabilities. I guess that it's 10:1 at least against a successful short now at M & S. However, if the economy were to weaken in the UK or globally, (but that looks improbable) M & S would experience the consequential down draught and the oscillation upstroke would be thereby dampened.

If you must go short find an over priced small or mid cap but that IMO borders on immorality. With the bigger companies its a choice between small wins and losses or a large position with the attendant casino risk.

Go long on XAR if you want the best three month opportunity in the FTSE 350
or on Dart (DTG). The timing is good for both shares but XAR is the more global company with lots of IP and patents

[nashwan123] 25/10/2013 17:55

Titus 10

If you use ADVFN basic chart and insert 21 day period RSI over 6 months you will see it has dropped from around 67 to 52 while price continues north. I find this indicator to be a good rule of thumb. This divergence is unusual hence my earlier post.
If you know of another reliable measure I will be glad to hear about it. Cheers

[superg1] 25/10/2013 17:32

Aotn

Doh . I was out and missed the good chuckle when that happens. One thing is for sure it's more interesting than any toon army, the lads game :-)

Great pic.

[rhwillcol] 25/10/2013 17:09

Hi Engelo,
I'm sorry, I don't know. Maybe someone else may be able to help?
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engelo
25 Oct'13 - 15:20 - 10201 of 10220 0 0

rhwillcol: for isdx to take on so much trade they must have a keenly priced system. Do we know the mechanism? Who sets the bid and offer prices?

[eeza] 25/10/2013 17:05

The bairns vs the Enemy.

[bogg1e] 25/10/2013 16:45

Angel, it will continue climbing next week :-)

Btw you do realise that the "angel of the north" is actually a bibical reference to Lucifer?

[angel of the north] 25/10/2013 16:40

ADVN showing the closing 'dive' to 183.5
Only one thing on my mind this weekend - a small insignificant football match at the SOL. Sunderland v Newcastle! Bring it on!
Have a good weekend all.

[eeza] 25/10/2013 16:40

Try to sell your shares for 187p.
You're talking like a lunatic.
Close was 184.25 - that is what you can sell your shares for - NOT 187p.

Only the Village Idiot values his shares at the closing price - or the Offer.

[phoenixs] 25/10/2013 16:37

strong close 187. tried all day to get stock at 183.

[angel of the north] 25/10/2013 16:32

Boooooo! pi$$ed off again! Why does it DO this to me?

[bobsworth] 25/10/2013 16:23

The chances of news next week must be very high as we approach the end of October.

Should hear latest on IOF#5 & 6 + procurement updates for 7 & 8.

Fingers crossed Iofina's suppliers deliver on time.

Great weekend all.

[bogg1e] 25/10/2013 16:18

Netley, no cant do that im afraid. Declaring hatred of family is not my thing. Besides i bet they don't actually hate you and you probably dont hate them half as much as your statement would indicate.

[crazycoops] 25/10/2013 16:13

AotN - will it or won't it today?

[n3tleylucas] 25/10/2013 16:09

Bogg1e,

Vote 10200 up please.

[bogg1e] 25/10/2013 16:07

Topped up with a t20 at 183.75. More shares for free lets hope. Good weekend all.

[freshvoice] 25/10/2013 15:58

I didn't think he had one!

Thought he came from the trolls under the bridge.

[titus10] 25/10/2013 15:54

Nashwan123 (10196)

RSI diverging from price? Are you sure? On my daily chart the last time the 20 RSI did that was back in April, just before the long-term up-trend in IOF cracked!

I once discussed this indicator with it's inventor, Welles Wilder, and although there have been variations on it promoted by others, he recommended using his own version, so you might like to check yours, which seems to be telling a strange story.

Fwiw, it is usual to see an oscillator such as this which diverges from price as a contra indicator - i.e. a rising price with a falling oscillator pattern is considered bearish.

[neddo] 25/10/2013 15:49

I hate my family, I wonder why Nutley, I bet the feeling is mutual

[engelo] 25/10/2013 15:20

rhwillcol: for isdx to take on so much trade they must have a keenly priced system. Do we know the mechanism? Who sets the bid and offer prices?