Wisdomtree Gold Discussion Threads

[teko] 29/10/2001 07:46

Morning all, still short BT, Arm, long on telecom plus, Grampian Holdings (paper) colt apparently wanted by cable and wireless, so might see a rise today........be lucky

[the brewer] 29/10/2001 07:46

morning all,
Agree rus,if others follow Boots example could hve serious knock on effect on equities.

Takeover approach confirmed by Arcadia.
Baa/Ezj results out today.good luck taxi.

I remain short on dec ari(arriva), looking at stocks that trade in a nice range over the weekend.come up with Tesco,Lloyds and BG Group so far.any others welcome

[davidrider] 29/10/2001 07:45

morning all.
long thus,tsco.both dec.
little short ftse march from fri at 5231.

dave.

ps. colts opening price115p-500p.

[taximania] 29/10/2001 07:44

Brewer , was there any more to that article re the profit warnings? I see a few of our favourites on there!

[rufusredcut] 29/10/2001 07:41

Morning chaps,

Thanks Brewer for for that potential profit warning material and also the Investtech info you post. Very useful.

A negative feel to todays' open not helped by Boots over the weekend reported as having switched £2.3 billion of its pension fund to bonds from equities :




A growing story of C&W attempting to buy Colt Telecom doing the rounds at mo


Hope you all have a successful week.

Russell.

[moneymagnet] 29/10/2001 07:28

Good morning all
Recent newcomer to this thread which is excellent.
Any views on BSY as a possible short with Q1 later in the week. Indicators show this one overbought.

[muchos wonga] 28/10/2001 23:11

Marting1

Good selection of Charts. Personally, I'm watching FOG quite carefully. However, I'm off to New York on Tuesday (the missus wants to go shopping) so can't really play this week.

Still long BP. but this will probably be a long term thing.

[marting1] 28/10/2001 20:59

Short the Techmark 100 anybody??



Weak sell candidate (26 October 2001) [Auto] Help
Has fallen 67% since the peak on 4 September 2000 at 4287. Is within a falling trend and continued decline within the current trend is indicated. On reactions back, there is resistance against the ceiling of the trend channel. RSI is overbought. The stock can still rise further, and we should see a decreasing RSI before this is used as a sell signal.

[reshp] 28/10/2001 19:27

thanks dr.

[dr darkstar] 28/10/2001 19:04

reshp Would expect sge climb to continue but couldn't rule out a retracement
and / or a retest of broken resistance at 221 The uptrend would still be intact at a price as low as c 205 but I don't expect to see it down lower than 221 tomorrow .. then up

[bp53] 28/10/2001 19:00

crocodile
as usual good info.

luthor-
what is your view on ft 100 and dow index as a chartist?
thanks

[reshp] 28/10/2001 18:50

hello guys

usually lurk and post now and then on pbb...

will sage continue its climb??..seems to have overcome any resistance in last 2 days..

[taximania] 28/10/2001 18:37

makes life interesting , thanks all for your comments.
Keep an eye on po. in the morning , just in case !

[the brewer] 28/10/2001 18:24

I cannot win with this stock so have stopped trying.

[marting1] 28/10/2001 18:14

Interesting chart Brewer, looks like the break at 320 and continued rise was on falling volume maybe suggesting a false breakout?? With a decisive break and bullish Nasdaq would have expected it to fly but falling volumes may suggests as Luthor says that sentiment is turning?

[the brewer] 28/10/2001 18:07

Lets see what you are all talking about.



Has fallen 61% since the peak on 31 August 2000 at 920. Has broken the ceiling of the falling trend, which indicates a slower initial falling rate. Has given buy signal from a double bottom formation by a break up through the resistance at 319. Further rise to 435 or more is signaled. RSI is, however, overbought, which indicates a potential short-term reaction down. The average difference between the highest and lowest price of the month is 40%. The risk is therefore high.

bear in mind that the comment is computer generated and does not take into account director buys/sells or news,it is based purely on chart signals.Also it may be wise to remember short term outlook for nasdaq is expected to be bullish.

[marting1] 28/10/2001 17:50

Luthor,
agree it does start to look like a double bottom pattern but interesting as short term it's in a downtrend but long term in an uptrend. Guess this would signify the end of it's short term downtrend and the confirmation of it's long term uptrend? Can't see too much in the way of resistance before 540 -550 and if it can break through that and complete the pattern then maybe a push on to the top of it's trading range at 640 is possible?
Cheers,
Martin

[taximania] 28/10/2001 17:16

Thanks lex , much appreciated as always.

[luthor] 28/10/2001 17:13

Taxi, I thought Level2 on Friday spoke volumes, It struggled to move past 352. It took almost all day. At 317 I thought 400 was quite possible and I went long and in anticipation (dangerous) of the 'hammer' on Friday, I closed and reverse. I was bullish, but I think sentiment has changed. Since I have no resistance level to exit out, I set this at 375 (approx. 5%)#

Regards Lex.

[luthor] 28/10/2001 17:03

Marting1, GUS looks like it's beginning to form a double bottom. If this does devleops an uptrend towards the dynamic resistance is quite possible over the next couple of weeks. Any ideas?

Regards Lex

[luthor] 28/10/2001 16:53

ARM Holdings has formed a 'hammer'. Depending on conditions would expect either 38.2% (307) or 50% (290) during the coming week. would be looking at where the early support/resistance is occuring before shorting.

Regards Lex.

[simonlongster] 28/10/2001 16:53

Great posts chaps

[the brewer] 28/10/2001 16:49

Evening Taxi, trust you had a good weekend.On nights this week so plenty of time for research then.ICI results could be interesting.

still short ari(increased bet fri) looking for 278 short-term.


according to investtech.com the following stocks are the most likely to head north over the next few days.
1 STODDARD INTL ORD 10P
2 CLINTON CARD ORD 10P
3 TRAVIS PERKINS ORD 10P
4 ANDREWS SYKES ORD 20P
5 NEW LOOK GRP ORD 5P
6 EBOOKERS.COM ORD 14P
7 BIOTRACE ORD 10P
8 PARK GRP. ORD 2P
9 BELGRAVIUM TECH ORD 5P
10 REED HEALTH ORD 2P
11 VP ORD 5P
12 ALLTRACEL PH. ORD EUR0.0125
13 ACAMBIS ORD 10P
14 ISOFT GROUP ORD 10P
15 EAST SURREY HDS ORD 5P
16 E-XENTRIC ORD 1P
17 EURO.MOTOR ORD 40P
18 SEND GROUP ORD 25P
19 PARKMAN GRP ORD 1P
20 ACTION ORD 10P