Profile Help Forum Rules Advanced Help Last 1|3|7 Days Search Forum Tree View

Thread   Start New Thread   Last Poster Posts Pages Last Post

Author Message  vbj Member Username: vbj Post Number: 45 Registered: 03-2004 Rating: N/A Votes: 0 Thursday, March 10, 2005 - 02:32 pm:     Hi dj and HC. Another Guppy candidate.The only good thing about it I can see is the divergence on the MACD,but I am only going on Guppy countback system.Would appreciate a tech view from either of you .PLEASE! MERCIE Val J  dogalog Member Username: dogalog Post Number: 940 Registered: 03-2004 Rating: N/A Votes: 0 Thursday, March 10, 2005 - 03:51 pm:     Isn't that more a failed countback kinda,vbj?just over now just under?HC did something on it in The Paddock thread,and he was watching it and showing a slight softening to the consumer discrete sector[see PBG in paddock]but i'll just have to leave it to HC to give you an opinion. personally i hate sunbeam appliances,i'm house cook and am stuck with them but one day they'll never be in the house again.I doubt that will affect the share price though!I already burnt the Victa by getting paving. If you bought on the guppy,such a well known company,would you still sell on the trigger or go'but this is a well known dadedadedum' and hold?Are you up to principles like that? regards, jr ps-HC it's taking an age to download various of your sections.You can open more threads without 'asking' or anything,you realise.We're not saving trees by this squashing and waiting. pps-you'll always find HC real polite,vbj.He just has a tendency to stay in his field as it were.I don't think he's too impressed with Daryl d'guppy but i don't know for sure.  msparks Member Username: msparks Post Number: 41 Registered: 10-2004 Rating: N/A Votes: 0 Thursday, March 10, 2005 - 05:10 pm:     could be $6.50 is the bottom but who knows could we see a double bottom bounce off $6.50 hope so good buying in the 5.50 to 6.50 i reckon and even better at the $4.00 level just a thought "a downtrend is a downtrend until it becomes an uptrend and breaks a significant resistance point" mm  holycow Member Username: holycow Post Number: 914 Registered: 08-2004 Rating: N/A Votes: 0 Thursday, March 10, 2005 - 06:29 pm:     Val, Sorry for the late response. I was dragged away for some errands whilst in the middle of it. GUD Weekly 1) GUD is going through a base forming period currently so in my view, it is not that suitable for a short term trade because there won't be a lot of meat in it; but if you are looking at it from a long(er) term basis, it may be worth a punt. This is assuming it's fundamentals have not deteriorated since its management last gave its earning caution. Moving forward, it's hard to tell whether the "numbers" will be alright considering the recent news that consumer confidence has been dented somewhat due to various factors like Xmas over spending, interest rate hike,etc. For that matter, I think most consumer related stocks need to be looked at closer in the next quarter now that we know there's an economic growth slowdown and the just announced interest rate hike. In short, buying GUD now implies you are looking at longer term and the emphasis is on stock fundamentals rather than market sentiment - my assumption here. 2) I have briefly checked out Guppy's count back line approach, it comes across to be a method use to pick short term top/bottom price for entry and exit. I may be wrong here so I best not to comment too much on it. If you are thinking of short term trade, please refer to my comment in (1); 3) referring to the weekly chart for a longer term view - it's looking quite ugly - the stock has had a good run from 1.50 back in 2001 to about 11.50 in end 2004 and was "seriously punished" when it's result failed to "meet the market expectation". The punishment has slashed its price to the current 7.00, a correction of 40% from the top (about right if you look at the fibonacci retracement=50% correction from 1.50-11.50). From this I think it's "relatively safe" to assume it has found its support and is forming a base (with share buy back) at around 7.00. So, moving forward from here I guess I will speak the obvious - you can't go lower than the ground you are standing on unless you begin to dig a hole - the risk of getting a hole on the ground will depend on 1) its sales in this and the next quarter; 2) more funds decide to take their profit (if you buy at 1.50, 7.00 is a lot of profit). The way I look at it, should the stock gets another correction, we are looking at fibo 61.8% retracement which works out to be around 5.50. And that I think is the lowest it can go. So the risk of down side is 7.00-5.50=1.50. This is the potential risk you are taking. 4) looking at the weekly RSI, you can see it has reached the oversold line and is bouncing off there - this I take it to be a good sign that the stock is slowly recovering. Cheers. ps: just in case it's not obvious to you - I have an overall bearish bias with the current market outlook; so don't let my pessimism put you off. (Message edited by holycow on March 10, 2005) HC "... if you've got a chart, I have an opinion!"  vbj Member Username: vbj Post Number: 46 Registered: 03-2004 Rating: N/A Votes: 0 Thursday, March 10, 2005 - 08:22 pm:     Thanks HC & jr, no time to reply,am off out for the night ,see you tomorrow Val J  vbj Member Username: vbj Post Number: 47 Registered: 03-2004 Rating: N/A Votes: 0 Friday, March 11, 2005 - 09:28 am:     Hi all,nice open,up 17c ,12c above count back line.If it pulls back and respects $6.97 I'm in. Back later must check OGD Val J  ann Member Username: ann Post Number: 351 Registered: 04-2004 Rating: N/A Votes: 0 Friday, March 11, 2005 - 11:42 am:     Hi jr, What exactly is it about Sunbeam appliances you 'hate' so much. I must admit I don't believe I own any. However I went into Target today to check out the range and stock holding. I quite like the electric knife and may buy one in the near future. Although I will check out the price at Megamart first. Cheers Ann

Add Your Message Here Post: -Color- Black Red Green Blue Yellow Purple Orange Cyan Gray White -Font- Arial Courier Symbol Times Verdana -Size- Smallest (-2) Small (-1) Normal Large (+1) Largest (+2) Username: Posting Information: This is a private posting area. Only registered users and moderators may post messages here. Password: Options: Enable HTML code in message Automatically activate URLs in message Action:

Other Threads     Last Poster Posts Pages Last Post Back to Earth-Agri Stocks ann 16  1  16-Apr-05  08:08 pm BIOTECHNOLOGY COMPANIES dogalog 13  1  15-Apr-05  06:37 pm But it's DIFFERENT this time... dogalog 11  1  07-Apr-05  03:17 pm POOLED DEVELOPMENT FUNDS oldwombat 4  1  04-Apr-05  01:28 am ONE TEL... rich pickings dogalog 17  1  31-Mar-05  09:34 pm Oceans of GOLD-OGD dogalog 22  1  26-Mar-05  10:15 am P.O.H.-phosphagenics oldwombat 2  1  22-Mar-05  07:28 pm HUG and kiss dogalog 2  1  21-Mar-05  07:42 pm KONEKT[KKT] dogalog 4  1  20-Mar-05  09:44 am VSL "I have a vision" vbj 1  1  14-Mar-05  12:41 am CNM - Wave power holycow 7  1  24-Feb-05  07:28 am STI-4 d'unimpressionable ONLY oldwombat 7  1  17-Feb-05  07:11 pm IMH- why water is green. dogalog 3  1  17-Feb-05  04:01 pm Day by Day dogalog 11  1  16-Feb-05  03:21 pm

Threads by Last Post Time:

First Previous 305 306 307 308 309 310 311 312 313 314 Next Last

Administration   Log Out     ««  «  Previous  Next  »  »»