Smo Gold Etc Discussion Threads

[dr darkstar] 14/12/2001 11:45

pic seller at 368 now gone. L2 very strong and ticking up slowly , now back above support that it dropped below yesterday

[ruth] 14/12/2001 11:43

Arm not holding onto those gains,lets hope the us might do a little better this afternoon and drag it up a little more!

[vicism] 14/12/2001 11:42

wpp looking sicker

[bruce8] 14/12/2001 11:42

Into TWT long yesterday at 55.5 and covered today at 59. Waiting to see if old support at 60p provides resistance now. Certainly a load of sells sitting there.

Anyone looking at ICI. It feels like a long to me but I'm being indecisive following big losses this week (commiserations to others in same position).

[ruth] 14/12/2001 11:38

bt looks like its just broken out of its 5 day down trend,ill get back in if it breaks 258,but i will probably then hold for a few days,

[crocodile] 14/12/2001 11:36

Covered RMC Long +8p and have placed another buy order at 608p to be filled.

[m.t.glass] 14/12/2001 11:33

Glad I got out of Slough yesterday (the downbet not the town; although the same usually applies).

[ruth] 14/12/2001 11:29

croc,cheers a bit of luck was due i think,

[matthewa] 14/12/2001 11:28

Short ARM @ 3.36

[crocodile] 14/12/2001 11:27

Well done Ruth

[phil_silver] 14/12/2001 11:25

Arm picking back up

[ruth] 14/12/2001 11:23

go arm go,might get some credibility back if this flies,lol

[random] 14/12/2001 11:21

futures must be picking up, moni sell side looking shakey .... anyone catch the arm bear trap?

[phil_silver] 14/12/2001 11:19

LONG ARM 333

[serratededge] 14/12/2001 11:19

Ruth -
Maybe you need more than one computer?

I get crashes but I try to keep something up and running all the time I am following the market.

Also, I separate net access from local PC issues by using a local Ethernet and a router/firewall box (an old Pentium 100 running Linux - nice and cheap but does the job fine). That way I can keep the Net up even when I have to reboot the local Windows machine(s)

[matthewa] 14/12/2001 11:19

ARM sell side just collapsed didnt get filled ;-(

[vicism] 14/12/2001 11:18

well, too tempted. gone short @697

[random] 14/12/2001 11:18

Serrated, thats what I think medium term, 70p+. Intraday is a different matter.

[matthewa] 14/12/2001 11:16

ARM longers - ARM just setteld law suit +ve

[phil_silver] 14/12/2001 11:16

Arm looks like it's testing 330

[ruth] 14/12/2001 11:14

bloody computer crashed,what great timing,Vicism,stop loss in place @746

[serratededge] 14/12/2001 11:14

Random -

I think TWT should have a go at 70p where the possible new descending resistance meets the old ascending support
(which may now be resistance if it has been properly breached).

Then we will see if the recent drop was a Bear Trap (and the uptrend would resume past 70p in line with the Xmas spirit) or if the last go at 70p would have been Bears' Remorse (closing shorts in case it recovered) followed by an onward drop.

I see 70p as a watershed. But that's just my chartreading.

[random] 14/12/2001 11:13

It's a tricky call, I don't try to fix prices to trade at, just follow the "feel" of the market. If it seems cheap, I'll buy it, expensive, then sell it. Not so quick on the sells recently though. Could have taken a lot of profit recently, but decided to hold. Fortunately, there still is much profit, since I got in much lower for my main holding.