Signature Aviation Share Discussion Threads

[bonsai] 28/11/2002 08:51

gopi
interesting
wish I had access to that sort of data (for free of course)

still the recipe for a souffle is simple, but if the oven is too hot it will fall over the edge.

souffle definition is the murmur of auscultation,i.e the art of dicovering the condition of the heart by applying the ear (and the brain?)

[moonblue] 27/11/2002 23:41

STOP AT 83P

[verger] 27/11/2002 22:57

I had thought that this share would go up to 90p and stop for a while, but the way it has shot up even on high volumes of selling suggests to me that there are buyers that will take it through the 90p barrier.

[gopi] 27/11/2002 22:09

Bonsai,
I always find your comments very insightful. In the light of what you say, I thought you might find the following comment by Goodfella on the NACT thread on the FBB, interesting - Im sure Goodfella wont mind my posting it here:


I spoke to my US broker who has every trading tool at his disposal (and is actually a bull by nature) and filters all data on a real time basis so that he knows exactly who is trading what.

Basically he said the Market makers are bidding up the futures contracts and indices positions and then offloading shedloads of stock into the rise.

He reckons they are making fortunes by creating the momentum then selling shedloads of stock and then selling the indices positions they have bought earlier.

He says the mug buyers falling for it are not the retail punters but institutions who are leveraged up to the hilt trying to earn their year end bonuses.

I asked him if he ws going with the trend and he said he is not going short but gradually offloading his long positions because when these guys have to meet their commitments he does not think they will have the funds and programmed stop loss selling orders will kick in when the first one blinks.

[bonsai] 27/11/2002 20:58

as volume seems to be remaining low, must assume institutions are still sitting on their hands
if so we need to guess(estimate) when they might come in (and start selling?).
my choice is now 9080. let the market take out the previous high and then wham bam thank you mam ?
market is going to stall at that level anyway so that should provide the ideal opportunity for a bull squeeze
and if I am right they will be squeezing the smaller,undercapitalized player.

[matt1231] 27/11/2002 15:55

SIG were as per post 6,a buy sub 80p.Back in 80p-90p trading grove.See SIG ultimately moving to trade above 100p with target price of 120p+ .IMHO,DYOR.

[moonblue] 27/11/2002 15:47

whats the target 92P

[mrtubbs] 27/11/2002 15:17

Managed to get educated on another thread.

[mrtubbs] 27/11/2002 14:58

I'm with you Verger but I need to find out how to get rid of the 'edit' that appears after my posting. What am I doing wrong?

[verger] 27/11/2002 11:15

Half way there already. Am I a lone traveller?

[wct] 26/11/2002 20:07

Does anyone on this thread subscribe to www.elliottwave.com and if so, any opinions on it?

[doctorbird] 26/11/2002 19:06

Quite a good expanding formation on the Dow which started last Friday. Bulkowski calls these Right-Angled and Descending Broadening Formations. The failure rate for downside breakouts is very low and the average decline is 19%. For upside breakouts the failure rate is higher at about 19% but so is the average rise at 27%(these statistics were all from samples during a bull market so may be slightly different in a bear market). Anyway i shall be vigilant in expectation of a down move, particularly around the 8675 level.

[random] 26/11/2002 18:15

still short, and adding on each new trading range.

looking to add below 1100 NDX. try for 3rd retest of 1100 from below.

in the terms of the remarkable Dr stool today is a WHOPsaw. Again, very bearish.

Particularly if spx closes below 920.

[bonsai] 26/11/2002 17:07

have also got dark cloud cover on FTSE
very bearish

[verger] 26/11/2002 14:19

So far, going to plan!

[moonblue] 26/11/2002 09:28

stop lost in at 80p

[verger] 25/11/2002 19:20

Big selling today, but the price has stayed above the 80p mark. Good news. Hopefully, steady climb up to 90p.

[bonsai] 25/11/2002 17:32

dont use cci
but I have a hanging man on friday
and another so far today
target at the mo is 8720 for me which is top of gap open surge
and 62% fib or 38% depends how you work the formula

[random] 25/11/2002 17:24

Price confirmation of likely US trend change.

I have found an amazing indicator which called this move precisely.

CCI with a setting of 80, 200 = oversold.

[bonsai] 21/11/2002 21:09

certainly got that extra push I mentioned

but 8700 did not fail
we may have to wait until the return after thanksgiving to see it fall.
still a C wave I think.they are often this strong


chart above now shows "alert double top breakout"
but not that convincing to me.

[moonblue] 21/11/2002 13:21

on reflection i can see i was wrong about 40p ...im long now ...good set of results ...and with xmas coming ..just the share to pop in your stocking drawer

[random] 21/11/2002 09:10

Thanks for that bonsai,

the volume make this look more and more like a selling opportunity.

[bonsai] 21/11/2002 09:05

volume remains a disaster area.
this is no bull market

[random] 21/11/2002 08:58

Was yesterday one of those massive single day bear market rallies?

Or was it the beginning of a tech recovery?

My money is on a single day bear rally, but the lingering doubt remains .....