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     captain_chaza
Member
Username: captain_chaza
Post Number: 3813
Registered: 02-2003Rating: N/A
Votes: 0
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| | Wednesday, May 06, 2009 - 08:42 pm: |  
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I love the smell of URANIUM in the Mornings
The World has to go GREENER sooner than later IMHO
Salute and Gods'speed
NB: I hope "Uranium" in the Business card is meaningful
"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
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hershy
Member
Username: hershy
Post Number: 2267
Registered: 10-2002
Rating: N/A
Votes: 0
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| | Sunday, May 10, 2009 - 08:02 am: |
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So Charles..............
What do you suggest will happen next ?
Is this something you'd trade or just watch ?
If you are trading it, what are your parameters ?
Target, stop loss, time frame ?
If you just like to watch - and don't we all, what are you looking to see ?
Channels, reversals, a move back to Bol middle, what ?
It would be interesting to know your feelings.
Educational even !
Over !
I do it doji style !
http://members.optusnet.com.au/~hershy/
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captain_chaza
Member
Username: captain_chaza
Post Number: 3819
Registered: 02-2003Rating: N/A
Votes: 0
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| | Sunday, May 10, 2009 - 04:37 pm: |
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Ahoy No-so-brave and even less loyal Sea-catet Hershy
Yes! I am holding on to the Maiden WCU and Have so since I first advised Not-so-Brave but very Loyal Officer Kossy in Sailing against the All Ords
Don't you just love the smell of Uranium in the Mornings
Buying now at these prices is not my problem
However Sailing 50% NNE in 7 days is fast and does deserve
some thoughts I suppose in maybe reefing and locking in a few gains ?
As always
I will use the #1 Exit strategy we discussed at the Captain's table
"A Sail, is a sail, is a sail"
It's as easy as that!
If you missed those nights then you Plainly Missed out
Officer Smallworld was Brilliant!
I could never put a full night's discussion with many a good officer on Exit strategies we had in those days into type
I just can't type that fast
Blimey! You don't even have the time to post a current chart with your queries
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
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hershy
Member
Username: hershy
Post Number: 2272
Registered: 10-2002
Rating: N/A
Votes: 0
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| | Sunday, May 10, 2009 - 05:13 pm: |
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The only thing I understood about your tactics is that you're taking profits - not that there is anything wrong with that.
I googled the "sail is a sail, is a sail" exit but found not hits. Perhaps you could give us an abridged elucidation.
The long top tails on the last two candles show that you are not the only fish in the sea. A retracement to 25cents where your support line is located still obeys the Elliot wave rules leading to a 5th wave which should be all of 14 cents or around 50% give or take a few cents.
Nice pick.
Let me tell you why I am now, particularly now, not so brave. The markets have shown a very nice recovery from the dive into the abyss. A nice, impulsive move that has seen some stocks regain as much as 40 odd%. The XAO has clocked up a 32.73% gain from it's low in March. I am waiting for the other shoe to drop. I am waiting for the retracement of wave 2 which can be at times quite deep. Rest assured Charles, the market is only waiting for me to go long to start to drop again. So in fact I am doing you and all the other traders a favour by being chicken.
I am ready for my tranquiliser now Doctor !
I do it doji style !
http://members.optusnet.com.au/~hershy/
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hershy
Member
Username: hershy
Post Number: 2297
Registered: 10-2002
Rating: N/A
Votes: 0
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| | Sunday, May 31, 2009 - 10:07 pm: |
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Wave 4 reached down to .275 cents and wave 5 topped out with a long top tail @ .445 cents. That top tail indicates lots of sellers. Second largest daily volume for the last 12 months, We're now in the corrective phase and a visit to sub .30 would not surprise.
Don't mistake my questions for a thirst for your knowledge, Charles, just trying to draw you out into the open.
It would be nice to see you not hiding behind your sails and actually tell what you see in your charts.
I state what I see in my charts and am prepared - in your parlance to go down with the ship if my vision goes belly up. It would be refreshing for you to attempt some seafarer's honesty too. I state this without wishing to engage you in battle. I think the forum would be better for it.
I do it doji style !
http://members.optusnet.com.au/~hershy/
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captain_chaza
Member
Username: captain_chaza
Post Number: 3847
Registered: 02-2003Rating: N/A
Votes: 0
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| | Monday, June 01, 2009 - 07:48 pm: |
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Ahoy Loyal but not-so-Brave Sea-Cadet Hershy
My apologies for not keeping you and the forum informed of my tacking duels
I didnt know I had to since nobody else does
I sold on the 11th May when I saw that a Doji pattern was a distinct possibility of forming at dusk
I also like it Doji style!!!!
"Attached is an electronic contract note confirming CommSec has SOLD 20000 shares in WCU at $0.390000 on your behalf."
and here is The Chart with the Buy and Sell days
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
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hershy
Member
Username: hershy
Post Number: 2299
Registered: 10-2002
Rating: N/A
Votes: 0
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| | Monday, June 01, 2009 - 09:18 pm: |
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Thanks Charles but you missed my point. I did not ask what you did, I suggested you might let on beforehand what you think will happen. What entry you are looking at, what is you target, stop loss, etc.
Something a little more enlightening that "I love the smell of Uranium in the morning".
And not that I want to see it, I don't, really, but you omitted to post the contract note.
Please note, I am keeping this exchange very friendly and free of adversity.
For the Forum, you understand !
And here is another leading question for you Charles.
Do you see a V bottom, a W bottom or a WMW bottom for the XAO ?
Thanks
Hershy
I do it doji style !
http://members.optusnet.com.au/~hershy/
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justice
Member
Username: justice
Post Number: 1169
Registered: 01-2003
Rating: N/A
Votes: 0
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| | Monday, June 01, 2009 - 09:32 pm: |
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hershy:
I think the Captain will happily confess to seeing all those bottoms simultaneously at all times.
"Tell me - how many fingers am I holding up Winston?"
Regards
j
(Message edited by justice on June 01, 2009)
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captain_chaza
Member
Username: captain_chaza
Post Number: 3848
Registered: 02-2003Rating: N/A
Votes: 0
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| | Monday, June 01, 2009 - 09:51 pm: |
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Ahoy Hershy
The V bottom capitulated on March 9 incorporating a 3 day Harami
Since then we have had rode on 2 magnificent weather fronts
The first was a Swift move NNE through March
and then a 2nd upwardly bullish consolidation pattern
This correction has caught most Landlubbers out as they believe that all corrections must go down or sideways
This is what I call another type of Bear trap
Its a real Beauty!
Not a bear trap in the old orthodox sense but never the less a trap to keep the Bears away in readiness for our next surge NNE in quick time
Probably in the same scale of distance as was achieved in March ?
But who knows ?
I try not to guess such things
It could go Logarithmic or Parabolic by then
Just check your sightings at least Once a day is my advice
AND before 10.00AEST
NB: Every hour you spend on your sightings before 10.00 AEST is worth 4 hours after 10.00 AEST
See ya in the soup at Dawn I hope?
It should be lots of fun
Salute and Gods' speed
(Message edited by Captain_Chaza on June 01, 2009)
"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
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