On 3rd July PFC announced that it was trading well ahead of expectations. Not surprisingly, sp jumped but has now fallen back pretty much to the same level as before the announcement.

While perhaps not as exciting as finding the next Cairn, remember that in the goldrush days, it was rarely the prospectors who made the money, but rather the suppliers of the spades and tents and stuff - e.g. Levis if memory serves me aright.

stop encouraging him, ignore him, he seems to have paedophile tendencies!

Hali

it looks like ............. you wanted when you were young, talking by experince it seems

I did not, not even now

the song says .... you wanted but can not have it

keep liking --- cynic -- 2 little balls
and hope you are not his son, cos then will be incest

Chris Carson

re - tables

I am tables free not even 1/2 aspirine that they say is good at certain age ( not sweet sixteen any longer )

Thinking back at earlier age that younters use to take all sorts of them to get high, I would not get into such habit, mainly because i would not trust their content, I did my highs at the disco, with red wine ( good for your heart ) Guiness and maybe some whisky at the end if full of liquid.

some times over here it is a bit of piss taking on my part when I see some comments about shares that I realised they have no idea.

I can see certain knowlegde on your assestment, someting I can not say for others

quote :
Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.
Norman Vincent Peale

I did not wanted

but you can have it, one never knows what tomorrow will be.

done this morning



a 61.8% fibonacci retracement gives 1535p and if is fast then could be the end of the bottom line also.
today almost reached the 38.2% already 1590p

Some similarities with TANKER this bloke?.. what do you reckon chaps?

no ... Tanks is a different guy ..... this guy is unequivocally MRSI as posted previously

OK, but was Tanker MRSI?

no, definitely not

But why are you so emphatic about Tanker not being either?

very different styles of presentation - e.g. i don't think Tanks ever used cartoons and coloured type etc etc ..... not nearly so personally abusive either

True, I suppose I was drawn to their misspelling which seems common to both.

there's lots and lots of different sorts of charts and adherents to all of them ...... however, while sp remains in upward trend, as PFC clearly is, then both the upper and lower "limits" of all of these charts will also continue to rise - as indeed they have

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Agree 100% Cynic, I am not short at the moment missed the boat, but there is plenty of scope for a short trade still if history continues to repeat itself re the indicators above and if you are a follower of tramlines. Stock will still be in an uptrend if this continues to happen. Just my opinion, this is a cracking stock.

hope you didn't short Chris ...... have you noticed how quiet MRSI has been? ...... actually, i suspect he has been removed from this board yet again

No I didn't cynic, bit to volatile for me, spread on Caps quarterly over 8 pips :O) There are easier stocks to trade than this one, at the moment anyway.

RE - SEE and LEARN

Some have a lot to learn not only on charts, but others on their BIG MOUTH, not learning even when they are getting older.

The marked up this morning does not mean is on the way up again, the charting is for more pain before reached the bottom on this cycle.

At the moment there is support around the 38.2% fibonacci retracement as is normal for that to happen, the real support is about 1577p


Stan - 21 Sep 2012 10:12 - 2970 of 2981
As an aside chaps and not into charting methods myself except for support and resistance, what about market sentiment? and how do you factor that into the charting process? I'm just trying to see and to learn.

you silly little egocentric man - where did i ever make an observation as to what might happen with pfc in the short term? ..... did i ever disparage charts? - assuredly not ..... pfc will only get really interesting again once it breaks up firmly through whatever resistance you choose to pick out .....

now do us all a favour and crawl back into the primordial swamp where you belong

You spoke too soon Mr C.!!!

magicjoe - Volume is a bit of concern to be bullish I agree, certainly having watched over the last nearly one and a half days if you can spend all day screen watching must be a day traders dream come true, sadly for me not an option at the mo, roll on retirement :O)

Some will never learn

" nic " Have " verval diarrhea " and can not stop to let it go all over the place

say it with picks ........ Your verbal vomit
Repulses me to the core
Think before you speak