A fair few stocks are starting to edge up again - maybe the start of a recovery or maybe they'll be squashed flat when the dead cat bounces on them.

Post any charts here.

Qualifiers are - recent uptrend (at least one significant higher high and one significant higher low) current price above a rising 50 day MA.

G

Green Shoots
Maybes
Removed after failing
Removed 6/1/09	Removed 6/1/09
Disasters

ps if you cant remember how to post a chart, cut and paste the following, replacing the epic.

<img src="http://charts.moneyam.com/Chart.aspx?Provider=EODIntra& Code=EPIC&Size=700&Skin=BlackBlue&Type=2&Scale=0&Span=MONTH6& MA=&EMA=50;&OVER=&IND=AreaRSI;&XCycle=&XFormat=&Layout=2Line;Default; Price;HisDate&SV=0">

CEY looks promising but there may well be teething problems with the start up, Egypt has been reasonably politically stable under Mubarak but he is not getting any younger and the ME is still a simmering pot.

nothing in this life is certain except death and taxes

Speaking as an exporter, I have to say that it is a myth that devaluing our currency makes our goods cheaper. It's the bottom line that benefits. If you trade in the U.S. as my company does, you must fix your prices in Dollars. The bottom line benefits from the appreciation of the Dollar against Sterling, although some of your costs are also fixed in Dollars (office, staff, etc).

Yes but because your sterling bottom line benefits you should be able to price more competitively in dollars.

merely as an aside, though we are a UK based company, about 70% of our biz in $ and a further 25% in ...... we have got so fed up with the wild currency wings that we have now opted to account in $

"Speaking as an exporter, I have to say that it is a myth that devaluing our currency makes our goods cheaper. It's the bottom line that benefits."

I heard the same about people exporting to Europe. They don't change their sales price, they just take more, or less, profit.

A bit like dropping VAT by 2.5%. Most small shops have kept the same sales price and are pocketing the grant from our wondrous Government.

TP

Isaacs: depends what business you are in. My business is software products and services -- if we keep changing the prices with reference to our U.S. competition, it just confuses people. They are mostly large concerns with equally large and beaurocratic purchasing departments.

And why would I give away an increase in bottom line profit? It makes up the time we spent at USD2=GBP1

Why given away an increase in bottom line profit? Because at lower prices you get more business and make more profit overall (or in these tough times hang on to business that you might otherwise lose). I agree doesn't work for all businesses but make sense overall for enough business that does increase exports. That said of course there is a time lag for these things to work through and will only make a difference if sterling stays weak for an extended period.

BLZ heading north today.

Both POG and PURE likely winners.

Nice thread Gausie.

As part of a multinational company the fall in sterling means the company can now tender for new business cheaper from its UK plants than those in Germany , France etc and thats where the new business will go in preference to the others.

Problem is it is still cheaper to produce in eastern europe or China.

I find this one very interesting!!!

Al - see post 52 :-) Happy new year btw!

;-)) And to you, skinny.

PBR for the disaster list , suspended (see mitzy's thread on investors board).

A couple from the investor's room.

Some "minor" sic wannabies.

As GF said, inverse H&S now followed by a minor break out.

skinny - am looking generally at miners. ;-))