Taylor Wimpey Share Discussion Threads

[imastu pidgitaswell] 20/1/2011 13:27

Mind the gap:

[sir rational] 20/1/2011 13:23

You could take 2 bites @ the cherry Luds

[loadthevan] 20/1/2011 13:23

jibba, are those charts advanced from IG ?

[ludlowe] 20/1/2011 13:11

Sir rational ,swing trading does pay after all ,

[sir rational] 20/1/2011 11:05

Only a matter of time. Once TM gets sold it's 60p.

[littlemadam] 20/1/2011 10:58

We might see a repeat of last August & Sept 2009 when we had a series of 4 rises on the graph .... that would be nice. Here's hoping.

[imastu pidgitaswell] 20/1/2011 09:28

FTSE250 being battered, down 120+ points, also FTSE100, albeit coming back a bit.

Not unreasonable performance considering, and in some ways would like to see efforts made to sell it down - demonstrating support, then TW will do better on a better day. Not sure about 40p by Friday, not this Friday anyway...

[sir rational] 20/1/2011 09:15

We're phutted lol

[shaws37] 20/1/2011 08:34

Well, that's the golden cross happened, no fire works but only a damp squib. fut.

[sir rational] 20/1/2011 08:17

40p next Friday ;-)

[shaws37] 20/1/2011 08:08

For a company with bids coming in for TM i thought it would be doing better in the share price department.

[lamats] 19/1/2011 23:50

If US realizes £600m and with up to 6 bidders unofficially reported, including MBO possibilities, then this will all but make UK TW Cash Neutral (Debt Free).

UK leased property assets are probably approx £700m, future profits are 10 x £120m. Total Post Disposal value = £1,900m or share price of 64p. It never fully absorbs or reflects this and will probably reach 55p.

I last posted here over 12 months ago, but due to the people who posted becoming increasing childish, I left the board.

However, check out my posts from over 12 months ago and I valued the US disposal at £600m or $1bn.

[sister mary] 19/1/2011 20:27

LetsGetBizzay, I've looked at the intraday and past 1 year chart, as you so kindly suggested, and I see a bad moon arising, to explain .. if the USA deal falls through then you will be, how should one put it? .... f@cked

Praise the lord for he is high ..... I mean nigh!

[naed] 19/1/2011 20:14

Traders shrugged off the latest news on the sluggish US housing sector.

The Commerce Department reported that housing starts fell 4.3 percent to an annual rate of 529,000 in December from the revised November estimate of 553,000. Economists had expected housing starts to see a far more gentled decline to 550,000.

The same report revealed that building permits, an indicator of future housing demand, jumped 16.7 percent to an annual rate of 635,000, while economists forecast a much more tame increase to 560,000.

[sister mary] 19/1/2011 19:57

Spennysimmo, if I may call you Simon, your post first thing this morning was spot on, respect xx

[sister mary] 19/1/2011 19:54

Sir Rational, shares also go down in a straight line, take your head out of your bottom

[sir rational] 19/1/2011 19:37

The good news is: our share price is going up nicely and ALL the charts say BUY

[sequoia] 19/1/2011 19:28

Well I suppose charts show the emotion plus the facts,after all there is only one 50 day EMA and one 200 day EMA. I think that all the information is gathered and shows as a chart, after all one person could not gather all the information, but a collective of people could gather different information and then it all becomes one, so the emotion is also in the share price plus the facts. Also without pie charts, how would a company know what market share they had? Its just an easy way of looking at information. Hope that makes sense.
seq

[spennysimmo] 19/1/2011 19:26

Hi Sister M.

[spennysimmo] 19/1/2011 19:23

NewKid

If you don't believe in charts then that is fine and of course your perogative, I am not going to try and ram them down your throat. However because you personally don't believe in them doesn't mean that they don't work and aren't a useful tool.

Technical Analysis isn't an exact science and can often be wrong. However if it used sensibly to help stack the odds in your favour of what in essence is just one big game, then in my experience it can assist.

TA on its own however is completely useless. Finding an entry point on a chart is all very well but what about an exit point? An exit point if the trade goes for you and an exit point if it doesn't. Without knowing these BEFORE I enter a trade is entering a trade blind even if the entry point looks good. I am not preaching but talking from experience of having learnt the hard way and watched good profits turn into losses before my eyes.

Then comes money and risk management and the psychology of the market. Most people think that when they trade that they are trading against the "market" and that the "market" beats them. What they fail to realise is that the "market" is actually the people on the other side of their trade. People simply betting in the opposite direction to themselves. It is people vs people and that has a psychology to it. A psychology that is clearly evident on a chart. What do you think a resistance level is more often than not? It is often a level where people bought in at a high point having got sucked into the hype of a rising share. What then happens? The share price drops, the PI does not have a stop loss or doesn't know what one even is and they watch it drop more. Their trade then becomes and "investment" however they are only too relieved to see the share price rise back to break even so they sell up and jump ship and hey presto we have resistance.

All this and more can me seen as clear as day on charts, as well of course as the self fulfilling prophecy of the standard indicators.

spenny. How do you think people picked stocks to invest in before charts?

NewKid, how did people travel abroad before aeroplanes?

It's called progress.