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Posts by "daveo"
8683 Posts Total by "daveo":
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Posts by Anonymous "daveo":
When I have a boat I keep it at Falmouth marina which is on the south coast one hour drive from me. Inbetween boats at mo and not missing one in this particular winter ! We have 32 golf courses in Cornwall. Lots of retired folk here. North coast is Atlantic, South coast is english channel.
For someone to say they just bought X without any supporting analysis information is meaningless imo. Worse still to announce what they just made from a trade they never said they had entered at time of entry. I dont make a habit of posting my trades for fear of getting bogged down in discussions or leading anyone astray on bummers which might need a quick exit. I do try to post potentially useful S&R's and analysis so others can make up their own minds whether any value can be derived.
The forum varies from Subway who gives lots of supporting information for what he is doing to others who give zilch information. In the absence of a common methodology here we need to hear some basic information from anyone making trade calls. I make an exception for Catnip who lives in his own world of fundamental mathematics which is completely beyond me :-) I don't even want to know what he is seeing but if it works for him that's good by me.
Ashraf determined the fundies at this point in time support bear mode. In that context he is right to take target levels one at a time as such levels are likely to provoke a reaction at least, so taking some profit off the table is essential imho. Exactly what you do, take a stage at a time. If Ashraf was reading the techs only like you and me I for one would not be following him as I believe I am as good as anyone, better than most, at reading the techs :-)