I often find all manner of reference to Technical Analysis whilst reading threads, questioning certain elements, asking for advice on indicators and also requesting advice on a stock and whether it's a good time to buy, sell, hold or remain indifferent. I am the first to admit that my own TA is still in its infancy, but I do spend time on expanding my knowledge (hopefully in the right direction!).

Rather than having to ask a TA question on a particular thread, perhaps this thread could be used as a forum for TA queries and become a knowledge base. Just a thought, if there is little or no interest, the thread will sink without trace and that will be the end of that. I will personally add a few snippets to help those with less knowledge (if that's possible) to keep things rolling. There is a danger that the thread will receive countless requests for opinions on a variety of stocks and there is only so much I can do alone, therefore I would more than welcome input from other posters, no matter how rudimentary they believe their own knowledge to be, hopefully some real experts will take the time to contribute.

Its the spirit of free speech.

hi Ted ..... know the feeling, for FTSE is now up nearly 80 ...... however, like the Dow, it is not truly representative ....... for sure some heavyweight stocks have recovered quite sharply, but the second liners and lesser brethren are still suffering ...... as much as anything else, i think many investors (self included) are very mistrustful of the markets and as we all know, these minnows move very sharply and can easily be untradable, especially on a bad day

Mr D .... and get smacked for it when you effectively call someone a liar .... apologies are usually acceptable in such circumstances

did I call you a liar? Ive re read my posts and I cant see it.

I may have called you "boastful after the event".. but thats about it.

anyway, what are you going to do? Is this some sort of threat?

give yourself a shake Cynic, its a message board ffs

The FTSE seems to be following my possible "head and shoulders" scenario. Bouncing just below the kneck line at around 6210 ish it should head upwards and fail at around 6440 if the pattern is to continue.

In my opinion.....

Strawbs

as i said, apologies are always acceptable ..... if such a thing falls outside your vocabulary and stage of maturity, then so be it ..... shan't lose sleep for sure

apologise for what?

asking you to post in real time for the sake of lurkers?

def not taking a pos on Dow this evening as i am out for dinner (daughter's b'day) ..... however, my perverse guess is that Dow will be down at close because ...... Dow was strongly up yesterday without good reason; interest rates almost certain to stay static tonight in US with added neutral comment ...... therefore, having recovered the initial 80 point fall at indication/opening, profit taking will prob set in ...... but as i said, def taking no pos tonight!

Maybe that is wise with a weakening dollar and the sub prime/hedge fund debacle investors perhaps will turn their attention to europe.

Think I've got a reversal bar on EMG but mac not nearly near zero.
PTH would be interested to hear if you found a trend line.

perfect one on RB. pulled back for the gap fill to yesterdays close, then painted the rervsal bar. I guess theres a gap up in morning?

and looking good for BAS (german) after hours it hit 94.5 for gap up tomorrow.

obvious stop losses are now below yesterdays low price. Profit take?.. thats up to you.

maggie, I would be wary until EMG one breaks that gap its trading in from 2/3 days ago.. if it gaps up, it could well retrace into it again to fill. Thats could be the buying opportunity?

Not sure I understand the gap Is it where a gap forms between the one day's low and the next day's high. If that's correct are you saying that it needs to pass 560 then it could retrace to fill the gap between 550 & 558 (approx) In which case that would be a good time to buy? PS If it gaps up past 560 has it not filled the gap?

was not around to follow the action this evening, but pleased that Dow finished with modest gain ..... unless there's something i missed, should augur well for the morrow

No it needs to trade in the space. Can you see the gap between the close of 3 days ago bar and the open/high price of 2 days ago on the above chart?

That is the "gap" and it closed within it.

Theres ones above to fill up to 580. Maybe a pull back into the gap and then upwards for a while to fill those.

read this

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:gaps_and_gap_analysis

Thanks Dy your help much appreciated