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Traders Thread - Friday 10th March (TRAD)     

Greystone - 09 Mar 2006 21:45

Mega Bucks - 10 Mar 2006 16:08 - 22 of 30

covered some more ARM +1.25

Master RSI - 10 Mar 2006 16:22 - 23 of 30

IQE 9.75 - 10.25p +0.25p

finally the offer is gone

a couple 100K plus 50K and a 100K from a MM done the damage after a 200K from another MM earlier

Master RSI - 10 Mar 2006 16:43 - 24 of 30

IQE 10 - 10.25p +0.375p

up on the bid by 2 MMs at the end

Greystone - 10 Mar 2006 17:10 - 25 of 30

End-of-day Market Summary

Have a great weekend traders!

Master RSI - 10 Mar 2006 17:30 - 26 of 30

JOKE OF THE DAY

How men can remember women clip_image002_001.jpg

What is a "successful hunting trip"?
When three men kill 9 cases of Budweiser in two days.

Men are proof of reincarnation.
You can't get that dumb in just one lifetime.

Why don't men cook at home?
No one's invented a steak that will fit in the toaster.

He keeps a record of everything he eats.
It's called a tie.

Why do women rub their eyes when they wake up?
Because they don't have balls to scratch.

Whats the difference between a man and E.T.?
ET phoned home.

Why are husbands like lawn mowers?
They're hard to get started, emit foul odors, and don't work half of the time

When do men insist that women are illogical?
When a woman doesn't agree with them.

bill-scratch-balls.jpgnla.pic-vn3105691-v.jpgRollie-Reincarnation.gif

Tonker - 10 Mar 2006 20:59 - 27 of 30

Master RSI, can you give me the options for the graphs you done on DOO... would be gratefull.... also how do i find out more about these indicators

Master RSI - 11 Mar 2006 18:24 - 28 of 30

Tonker

Option 1 could easily carry on rising rising due to the MACD positive and provided it does not go too over Bollinger upper band
Option 2 RSI and stochastic now reaching soon points of Overbought 80 or over so one has to be carefull, sometimes is better to wait (as you have miss the starting of this cicle )for next retracement and buy on the next move up

Chart.aspx?Provider=EODIntra&Code=DOO&Si

There is plenty of places where you can learn the basics of CHARTING, but do not expect to do it overnight, One needs plenty of experience and practice.

I started as an investor,going for profits and earnings per share to give a valuation to shares, but for the last few years, I do also some short term investment using the charts, and the timing is pretty on most shares, if one follows a few basic together.

Like
Indicator RSI ( buy at below 20 and sell above 80 )
Indicator Slow Stochastic ( buy at below 20 and sell above 80 )
Indicator MACD ( buy when the MACD line crosses the signal line from below.)
(Sell when the MACD line crosses the signal line from above)

If you find a share with the 3 things together at the same time, plus bollinger band at lower Band, then wait till the share start moving higher and you almost can not be wrong.

Naturally all those options are short term


One example lately was MPH on 28th Feb to 1 March, last week, Indicators moving from bottom (oversold) and share price aswell from 12.5p to 22.50p
I posted over here with rumour included that eventualy was true with news one week later

Chart.aspx?Provider=EODIntra&Code=MPH&Si

link to charting ...... http://www.incrediblecharts.com/technical/chart_basics.htm

Master RSI - 11 Mar 2006 19:03 - 29 of 30

        EVENING FUN

        pedro_101.jpg

Tonker - 12 Mar 2006 21:08 - 30 of 30

Master RSI, thank you, food for thought
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