Incredible Charts Stock Market Charting Software. Home Site Map About Us Privacy Policy Advertise (pdf) Contact Us
 
 
You need to register separately on the Chart Forum
- see Chart Forum Help
Edit Profile Profile Help Help
Forum Rules Forum Rules Advanced Help/Instructions Advanced Help
Search Last 1|3|7 Days
Search Search Forum Tree View Tree View
   
Subscribe to our FREE
monthly updates

Subscribe to regular Incredible Charts
updates
, with new articles on Trading
Strategy, Trading Psychology, Money
Management, Tricks of the Trade,
New Indicators and the Economy.

Archive through March 17, 2008

Chart Forum » Markets » Sailing Against the All Ords » Archive through March 17, 2008

««  «  Previous  Next  »  »»


Author Message

Top of pagePrevious messageNext messageBottom of page Link to this message
captain_chaza
Member
Username: captain_chaza

Post Number: 3073
Registered: 02-2003

Rating: N/A
Votes: 0


Tuesday, March 11, 2008 - 05:39 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Phil

In Plain English
A sail, is a sail, is a sail


Sail shifting is common practice at sea as are Wind shifts
It is the Captain's duty to judge these "Wind Shifts" with as much diligence as he would judge a "Sea Change"

Over the last 3 days
Was BHP a better hold than CBA?
Was RIO a better hold than ANZ?
Was WPL a better hold than SGB?
Was NCM a better hold than BEN?
Was AWC a better hold than COH?
Was LGL a better hold than SUN?


On all accounts So Far it seems I made the right call
and all answers are N.O. ATM

In hindsight it would have been much better to Sell all the Resources on the Friday and Buy the ~Banks etc so on the Monday
I honestly gambled that the Fed would drop rates on Friday night NY Standing Time

Greed got to me again!

Well, I was wrong and as always paid the price on Monday on the buying prices but not the Selling prices

In Plain English
on Friday I Sold Well and Bought Poorly

But Today I am happy!

Salute and Gods' speed


PS As my Daddy always says
If it's not a Bargain this year
It will be a Bargain Next year


"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.

"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893

"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897





Top of pagePrevious messageNext messageBottom of page Link to this message
easymoney
Member
Username: easymoney

Post Number: 138
Registered: 03-2005

Rating: N/A
Votes: 0


Tuesday, March 11, 2008 - 05:52 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Here is another analysis which shows something is up or down or sideways.

Following a simple method, I scanned for stocks in the finance/property sector which had shown a steady downtrend. Last week the list was AFG, AEZ, AUW, BNB, CNP, CER, CGF, CIY, FKP, GPT, HGI, IFL, MCW, MDT, MQG, MGR, SUN, VPG. Of these only IFL and MDT bucked the trend and rose on the week.

Similarly the zoomers in resources were AQP, CEY, FMG, IPL, IGO, LGL, LYC, MCC, MGX, NCM, WSA. Of these only LGL bucked the trend and declined on the week.

This week I did the same scan. After Monday 14 of 18 sinkers are floating, and 10 of 11 zoomers are crashing.

Another informal measure is that the weekly stock pick competition sees only one or two choices ahead when normally it is about half.

Strange days indeed or business as usual?

(Message edited by easymoney on March 11, 2008)


INCREDIBLE OFFER     -    only $12 USD per month

30 day FREE trial    -     Download Here 






Two of them say they're Jesus.
One of them must be wrong.

Industrial Disease
Dire Straits

Top of pagePrevious messageNext messageBottom of page Link to this message
captain_chaza
Member
Username: captain_chaza

Post Number: 3074
Registered: 02-2003

Rating: N/A
Votes: 0


Tuesday, March 11, 2008 - 06:37 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Officer SmallWorld

I just claimed above that a Sail is a Sail Is a Sail

I know you and our Brave and Loyal Crew know what I mean

What I meant was that a Heavyweight Sail Is a Heavy sail is a Heavy Sail is a heavy sail
and not all sails are the same by weight


Do you have the latest Weightings of sail you can share with me/us?

If you feel this sort of info is "Private Intellectual Property " then maybe you can share it with me privately?

I think I would draw the line @
Pink sheets > $20 M
Red sheets > $50 M
Green sheets > $200 M
Blue Sheets > $1000 M
White Heavyweights > $5000 M

As you well know
BIG Mistakes can be made shifting sails into position thinking a Green sheet is actually a Pink sheet LOL!

Salute and Gods speed



"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.

"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893

"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897





Top of pagePrevious messageNext messageBottom of page Link to this message
philr
Member
Username: philr

Post Number: 379
Registered: 04-2004

Rating: N/A
Votes: 0


Tuesday, March 11, 2008 - 06:49 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



CC

Thanks for that explanation.


Phil

** Let blockheads read what blockheads wrote.
Warren Buffett

Top of pagePrevious messageNext messageBottom of page Link to this message
dug
Member
Username: dug

Post Number: 2971
Registered: 07-2005

Rating: 
Votes: 1


Tuesday, March 11, 2008 - 07:18 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



You're being "ironic" at the top of the IC board,phil?

Always remember the Call of LIAR,LIAR LIAR!
is the petty defence of one who does.
Ask eric about such things,phil.

Then try to raise pity for Ego Maniacs.
It's ,well,difficult but ya just have to try.

No Prediction,NO forewarned.
just piffle after the event.

Phil,that's d'Recipe of a Fancy Pants who has NOTHING.
Happy Trading,
jr
ps-Note Well the Absolute NO REPLY to a New,first poster.
Rubbish.CC.That's ALL ya Got!
off to throw up.
CHEERS.



Even 'til Jaded.

Dig for the sake of it.

Top of pagePrevious messageNext messageBottom of page Link to this message
captain_chaza
Member
Username: captain_chaza

Post Number: 3075
Registered: 02-2003

Rating: N/A
Votes: 0


Tuesday, March 11, 2008 - 07:42 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy 1st Officer Spids


Your return is required ASAP in difficult Seas

It seems to me we have a Gay Goose-stepping Gander trying to climb onboard
it Calls himself Dug but John is on his Birth certificate

Just cut his thumbs off and throw him back overboard

He will never be able to catch-up to us with "No Bloody Thumbs!"

Salute and Gods' speed




"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.

"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893

"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897





Top of pagePrevious messageNext messageBottom of page Link to this message
philr
Member
Username: philr

Post Number: 381
Registered: 04-2004

Rating: N/A
Votes: 0


Tuesday, March 11, 2008 - 10:50 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Dug

Are you calling me a Liar?

I really wish I'd stayed out of this thread


Phil

** Let blockheads read what blockheads wrote.
Warren Buffett

Top of pagePrevious messageNext messageBottom of page Link to this message
captain_chaza
Member
Username: captain_chaza

Post Number: 3076
Registered: 02-2003

Rating: N/A
Votes: 0


Wednesday, March 12, 2008 - 07:11 am:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Brave and Loyal crew

"Here Comes the Wind"

Get set for the best day in 5 years with a ~3% opening gap
which should skin every bear alive


That what I call a double-bottom Bear trap, John
You are now formally "fore-warned" LOL!
Just get out of my way as I set course NNE

Salute and Gods' speed


PS: I am already happier today than I was yesterday

(Message edited by Captain_Chaza on March 12, 2008)


"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.

"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893

"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897





Top of pagePrevious messageNext messageBottom of page Link to this message
dug
Member
Username: dug

Post Number: 2972
Registered: 07-2005

Rating: N/A
Votes: 0


Wednesday, March 12, 2008 - 09:18 am:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Before you come in with d'Heavy Hand,Colin.

Gee I'm real,really sorry Charlie.I forgot you're able to preen with Hindsight and must Always be Believed.
I mistakenly forgot YOU were the GOOSE and also where you keep ya thumb up
rrrrrrrrrs real sorry
sincerely trust me,
jr
ps-so ya won't be embarrassed when the one in lycra tights don't heed ya call,clown.



Even 'til Jaded.

Dig for the sake of it.

Top of pagePrevious messageNext messageBottom of page Link to this message
colin_twiggs
Member
Username: colin_twiggs

Post Number: 3131
Registered: 09-2002

Rating: N/A
Votes: 0


Wednesday, March 12, 2008 - 10:31 am:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



I suppose it is a bit late to ask some of you to grow up.

Dug,
Please stay off this thread.


Top of pagePrevious messageNext messageBottom of page Link to this message
captain_chaza
Member
Username: captain_chaza

Post Number: 3077
Registered: 02-2003

Rating: N/A
Votes: 0


Wednesday, March 12, 2008 - 01:57 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Brave and Loyal crew

BEN is up another 10% today

This could be an unfriendly Take-over?
Hold on tight!

Crikey! I think I spotted a French flag?

Salute and Gods speed



"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.

"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893

"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897





Top of pagePrevious messageNext messageBottom of page Link to this message
captain_chaza
Member
Username: captain_chaza

Post Number: 3078
Registered: 02-2003

Rating: 
Votes: 2


Wednesday, March 12, 2008 - 05:36 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Brave and Loyal crew

Here's a good idea (I think?)

Maybe we should hang DUG from the highest mast

She is registered in the USA with the Code DUG-us and the Charts are readily available on IC

She is not like any other sail I have ever seen!

She has been designed specifically as a share to short the price of OIL
(WITHOUT ALL THE DANGERS OF OPEN CONTRACTS) as I understand it?

I think this is the NAVY WAY/SAFETY WAY of shorting OIL

As you can see in the Chart she looks like a BUY

If one stands on his head it looks Like a Sell
This chart actually should be viewed standing on one's head

Crikey! Wouldn't it be nice one day to have an "Invert button" on IC?


Here's the Chart for DUG

DUG

Best viewed standing upside down in the boat as it is really a Bet/Investment on the Price of Oil going DOWN when the share goes UP
If ya know what I mean?

I tried to order a few tonite over the Commsec International desk but was advised I had to open a "Special account FIRST" and this will take 5 bloody days


Ahoy officers Lafee Smallworld and Clever Kenny

I will have to leave it you lucky bastards with International accounts already in place

Bon Voyage and Gods' speed

"Preparation is Everything"



(Message edited by Captain_Chaza on March 12, 2008)


"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.

"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893

"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897





Top of pagePrevious messageNext messageBottom of page Link to this message
peter1
Member
Username: peter1

Post Number: 223
Registered: 12-2005

Rating: 
Votes: 2


Thursday, March 13, 2008 - 12:51 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



I can see that you had some fun with this post, Capt Chaza.

This is one of many ETF's (electronically traded funds) that are available in the US mostly through AMEX. There are a few available in Europe. These funds are designed to follow the price of an index or a commodity. Some are designed to be long the underlying and some are designed to be short the underlying. These ETFs allow those personal funds (IRA, SMSF) that cannot short to buy into funds that can.

There are some ETF's that trade using leverage if you want some faster price movement. These are named with "ultra".

It is a rapidly developing area, but you must check if there is adequate volume.

Google "proshares" for further info.


Top of pagePrevious messageNext messageBottom of page