goldfinger
- 12 Jan 2010 20:42
goldfinger
- 20 Jan 2012 03:56
- 1861 of 3532
Come round now Skinny 3.48 am.
Just looking at Andor AND chart above and it followed through on the hammer. Looks like going through 600p horizontal resistance then the uptrend channel resistance line about 620p ish.
Could be a quick 20 points up for grabs and then even more if it pushes on.
Problem is futures are negative for the open.
skinny
- 20 Jan 2012 06:09
- 1862 of 3532
It could be an interesting day with many highs/breakouts being tested.
goldfinger
- 20 Jan 2012 08:13
- 1863 of 3532
I indeed , indeed.
KullyB
- 20 Jan 2012 08:48
- 1864 of 3532
Short BBY, Bearish engulfing, hit upper bolli channel, stochs overbought and a Bearish MACD Divergence posted yday. See this as being a good year for the homebuilder's with easier access to mortgages but for now think BBY has run out of steam.
skinny
- 20 Jan 2012 09:28
- 1865 of 3532
ABF chart now looking up!
KullyB
- 20 Jan 2012 10:56
- 1867 of 3532
Hey Skinny
Weekend press should prove interesting, certainly no TA reason for a whoosh which is now 20% last two days. Comparably good volume on breakout, maybe the boy's on Fleet St filling their boots?
Persimmon trying for an upside breakout going back 3 years and proving tough. Think i'll wait for confirmation that it's broken free before entering. The better trade for a few extra pips could be enter now with a tightish stop loss if it does fall back into trading range...
splat
- 20 Jan 2012 11:08
- 1868 of 3532
Looks good KullyB, also waiting for confirmation of b/out to the upside. Many stocks and indeed the FTSE consolidating at these current levels. The next few weeks action should be interesting.
goldfinger
- 20 Jan 2012 11:25
- 1869 of 3532
Yep I agree splat at around this 5700 level at some stage we are going to see a strong move one way or the other.
On the one hand we have the yanks appearingly to be doing well for the first time in a few years and on the other hand we still have the Euro problem underlined by Greece and Italy.
Which way will it go .........havent a clue.
Does anybody?.
goldfinger
- 20 Jan 2012 11:27
- 1870 of 3532
I do know this its rather boring trading although their seems to be more and more horizontal ranges that can be traded both ways.
Any you can name?.
Kully gave one above yesterday. Forget which one now. I do know they can be boring but very profitable.
KullyB
- 20 Jan 2012 11:47
- 1872 of 3532
Shorted SRP, WEEKLY: 20/50 EMA downtrend with 200 EMA to follow, 20 EMA crossed over 200 EMA, in a downtrend since second half 2010, DAILY: just touched 200 EMA but couldn't break, overbought and MACD Bullish Histo's easing. Currently on the upper Bolli, SHOOTING STAR posted yesterday - bearish when seen in an uptrend
goldfinger
- 20 Jan 2012 11:53
- 1873 of 3532
Skinny lovely wide range aswel which makes it even better. Yep made a nice profit also out of this. Tesco result messed it up.
Gone long of Tesco this morning. If its good enough for Warren ...Ill have a chunk.
I expect him to be back aswel buying more at some time in the near future if he sticks to profile.
Tomatoes are shit at tesco from Polland and Holland whereas at Morrisons they normally come from the british Isles. Asda is the best mind usually all fresh veg from England and Yorkshire. Much better taste.
Them tomatoes from Tesco just taste of water.
Think Ill E-mail Warren as he follows me on twitter and ask him to get onto Tesco management and to suggest they source the tomatoes from this country.
Chris Carson
- 20 Jan 2012 11:53
- 1874 of 3532
This is a similar chart, been trading for a while now, broke out of trading range Se

pt/Oct.
Plateman
- 20 Jan 2012 14:09
- 1876 of 3532
Skinny, I've been watching MRW closely with a view to longing it, of course the recent fallback was in sympathy with TSCO.
Seymour Clearly
- 20 Jan 2012 14:58
- 1877 of 3532
Same here Plateman re MRW
goldfinger
- 20 Jan 2012 15:18
- 1878 of 3532
TPK does look interesting Skinny. RSI looks a bit toppy but they can plateau for a while anyway. Onto the watch list it goes.
skinny
- 20 Jan 2012 15:33
- 1879 of 3532
Plateman/ Seymour - I traded MRW twice last year both times to the long side and both very relaxing trades. It seems about in the middle of the old range atm and I'm looking to trade it to the long side again. Unfortunately I'm heavily into TSCO and also bought SBRY last week on the fall.
It also appears that the supermarkets are undergoing a re-rating.
goldfinger
- 20 Jan 2012 16:21
- 1880 of 3532
This market feels like everything is in slow motion. Up 2 down 2 up 2 down 2.
We need a break either side.
Must say Im set up for the downside with my longs mostly all big defensive stocks. Got some RRL left tho.
Short on Skinnys Old Mutual . And way into profit on my long term short in NTA.
Like watching traffic lights change at moment.