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The objective stanelco thread (SEO)     

Snip - 05 Oct 2005 17:31

Chart.aspx?Provider=EODIntra&Code=SEO&SiChart.aspx?Provider=EODIntra&Code=SEO&Si

Snip - 11 Oct 2005 08:07 - 27 of 60

looks like next small stop will be 10 but not much support there

mg - 11 Oct 2005 08:36 - 28 of 60

snip
Agreed - around 6p is support - there are a lot of people who stepped in around there - doubt if they'll hold on too much longer and lose their gains. Could go sailing through 10p - unless it forms a new higher low.

maddoctor - 11 Oct 2005 08:48 - 29 of 60

watching for a blowoff here , may be entry soon

bosley - 11 Oct 2005 09:26 - 30 of 60

what's a blowoff?

hewittalan6 - 11 Oct 2005 09:28 - 31 of 60

Something that belongs on the Talk To Yourself thread, Bos!!
Alan

maddoctor - 11 Oct 2005 09:31 - 32 of 60

h6 naughty thread that

bos , think your taking the m*** but anyway watch the volume

bosley - 11 Oct 2005 09:31 - 33 of 60

lol, i think we'd get banned if we put pics up of that!!!! best not mention it to jimmy.....

bosley - 11 Oct 2005 09:33 - 34 of 60

it was a genuine question, maddoctor. i'm guessing it's some mad fluury of sells sending the sp down even more before it starts creeping back up in anticipation of news? that's something that has happened consistently with seo. dive before news.....

jimmy b - 11 Oct 2005 09:37 - 35 of 60

Watch out bos i'm lurking, and looking for a picture ,now what do i punch in to the search engine ??

Snip - 11 Oct 2005 09:43 - 36 of 60

a selling climax. Not likely here until around 6p. sellers are selling on the way down in order to wrap up a smidgen of profit or if they are awake enough not to lose most of their pot. It depends on the individual original buy point. The current buyers are into catching falling knives. There is absolutely no buy sign here

maddoctor - 11 Oct 2005 09:47 - 37 of 60

snip , your explanation much better than my brief word but volume already above the 50 dma and its only 9.45

Snip - 11 Oct 2005 09:51 - 38 of 60

lol md there are still lots hanging on. The panic will be at just above the major buy point ie 6p. The panic leads to the `blowoff` but then there will be several tests of 6p as sellers sell on each rise above 6p thankful to get out with the original pot.
Market psychology rules!!

hewittalan6 - 11 Oct 2005 09:52 - 39 of 60

Snip, agree that from a charting point of view there is no buy sign. But charting can only take you so far. Eventually you've got to get off and think. The buy sign for me, is that there has been nothing even remotely negative since the days of 28pps. The only difference is market sentiment, and that is a fickle horse to ride. The next RNS will (providing it is not bad news) see sentiment switch in the opposite direction and buying in then could be costly compared to now. The difference between us is probably only a matter of brinksmanship. I am prepared to buy at this level and not mind too much if the price has a bit lower to go yet, whereas others are determined to leave it as late as possible to get the best possible price. My timing is not that good so I look for a longer term return and sleep a bit poorer, but more soundly for it.
Alan

Snip - 11 Oct 2005 09:59 - 40 of 60

respect, Alan.

Each to their own.

Snip - 12 Oct 2005 07:50 - 41 of 60

I`ll post todays 10 day chart at the top of the page as soon as the action starts. IMO there will be a lot of selling activity as the overnight trades kick in

mg - 12 Oct 2005 08:14 - 42 of 60

snip
That pesky RNS looks as if it's done the trick :(

So much for a chance at the lows - the action seems to confirm that buyers are more than happy to keep this one up. The ADVFN crew will be wetting themselves with glee.

Well done to those who kept their nerve or bought at yesterday's lows.

stockdog - 12 Oct 2005 08:33 - 43 of 60

mg - I've certainly kept my nerves - I can feel each and every one of them at the moment, lol!

hewittalan6 - 12 Oct 2005 08:34 - 44 of 60

SD,
Take 2 Bob Martins 3 times a day, and a quarterly wormer. You'll be fine!!LOL
Alan

Snip - 12 Oct 2005 14:25 - 45 of 60

test of resistance coming up now. If this is going to carry on climbing then it has to push through on good volume

bhunt1910 - 12 Oct 2005 14:31 - 46 of 60

2:5 @ 13.5:14 and 30k v 375k
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