Optima Health Share Discussion Threads

[neilbuc] 28/11/2011 15:07

Looking more like it by the hour. I missed 10% this morning due to a lye in....can't win them all.

[k3nw00d] 28/11/2011 14:32

Oh Well ! Not enough buying power for anything '-( ..... COME ON VAL !!!!

[k3nw00d] 28/11/2011 14:19

I may be wrong (which I usually am), but this looks like it has already taken off - Futures doing well..... Time will tell though.

[k3nw00d] 28/11/2011 11:48

So Thursday/Friday WAS the time to get in........ by the looks of it.......

[neilbuc] 28/11/2011 11:40

Looks like the action I mentioned.......so far.....you can work this out, its easy...an outside reversal day, near a low point, we go up for a week or so...



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[k3nw00d] 26/11/2011 13:21

Yip, I tried a quote last night after close and did not have enough to cover, hoping that intraday it will..... Probably looking for a 125 strike roughly....

Fingers crossed, once VAL comes up trumps I will have more funds for Options ;-)

[lokesh8] 26/11/2011 13:18

So K Monday its is ...we put our Call's on SPY.

[k3nw00d] 26/11/2011 13:16

I am going to try and get a DEC Call on Monday ;-)

[lokesh8] 26/11/2011 12:55

- Tried to post a picture but failed ........VOID post

[lokesh8] 26/11/2011 12:42

Looking at the S&P closing on Friday...we were given a Inverted Hammer

Description
The Inverted Hammer is comprised of one candle. It is easily identified by the small body with a shadow at least two times greater than the body. Found at the bottom of a downtrend, this shows evidence that the bulls are stepping in, but the selling is still going on. The color of the small body is not important but the white body has more bullish indications than a black body. A positive day is required the following day to confirm this signal.

Criteria
1. The upper shadow should be at least two times the length of the body.
2. The real body is at the lower end of the trading range. The color of the body is not important, although a white body should have slightly more bullish implications.
3. There should be no lower shadow, or a very small lower shadow.

Signal Enhancements
1. The longer the upper shadow, the higher the potential of a reversal occurring.
2. A gap down from the previous day's close sets up for a stronger reversal move.
3. The day after the inverted hammer signal opens higher.
4. Large volume on the day of the inverted hammer signal increases the chances that a blowoff day has occurred.

Pattern Psychology

After a downtrend has been in effect, the atmosphere is bearish. The price opens and starts to trade higher. The Bulls have stepped in, but they cannot maintain the strength. The exisiting sellers knock the price back down to the lower end of the trading range. The Bears are still in control. But the next day, the Bulls step in and take the price back up without major resistance from the Bears. If the price maintains strong after the Inverted Hammer day the signal is confirmed.

So Niel your S&P "Call" options are well placed. :-)

[neilbuc] 25/11/2011 17:06

The Dax has been leading so I took a gamble on today being the low. It might be Monday, we will see.

[k3nw00d] 25/11/2011 15:46

Neil, do you recon we have seen the lowest point now ?? The SPY has not quite got to 1125 ??

I was gonna wait for Monday......

Cheers mate ;-)

[neilbuc] 25/11/2011 15:35

Yeah, L I have been a member of Live Charts for quite a while. I don't use Pivot Points myself, but they can help identify areas of support and resistance if your a day trader.

FYI...I picked up some SPY Dec Calls. Just a couple, would look to exit about 9th Dec....if they are in profit!

[lokesh8] 25/11/2011 08:32

Neil ...you might be interested in this ...its a bit to much for me to understand ...

[lokesh8] 25/11/2011 08:02

Guys if they you say money runs out of equities and into gold then if you were to flip post Chart 1414 "http://www.yuyanggold.com/" it also verify's your charts and comments. Spot on Neil and Invest...

What can i say .... :-) :-) :-) :-)

[investrology] 24/11/2011 14:08

tomorrow's solar eclipse is very powerful and good, I have been looking forward to it for some time now.

It's wrong time for you guys to play many shares for the moment but I do wish you were able to because if Georgia drilling restarted on RRL then it could take off like a rocket and news has to be out in mater of days Mon - Wed 28th-30th!

[investrology] 24/11/2011 13:58

People do follow this Care&Typ=S

So if it stays up today then it will be buy conf and then they pile in and we may see a break out on the charts :)

[k3nw00d] 24/11/2011 13:55

Lokesh, I have said it before and I will say it again, we are 2 lucky gents to be here with these guys ;-)

[lokesh8] 24/11/2011 13:52

Guys you are just Great .......

[investrology] 24/11/2011 13:50

"for action on 25th or 28th" Agree.

[neilbuc] 24/11/2011 07:55

I would say yes. If you look back though the charts I posted I gave time targets for the turns for Oct 4th and 27th Oct...so will the November timeband of 23rd-30th Nov make it 3 in a row? I am looing for action on 25th or 28th. US Closed today and half day Friday.

[lokesh8] 23/11/2011 19:25

Looking good Neil....

Is it playing to your forecast since September ????

[neilbuc] 22/11/2011 22:06

A low time band for you. 25th Nov is a Solar Eclipse too. Might be worth a wee ride up to the 9th-19th December which is the timeband for the next cylce high.



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