Archive through 24 July, 2003

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peterloh

Member

Post Number: 150
Registered: 03-2003

Rating: N/A
Votes: 0


Wednesday, July 23, 2003 - 11:43 pm:

Ahoy Captain

If you need to look at anything, please look at this one. All the indicators are in line, the duck is in placed as first mate spider puts it.
Yes it was also on my first posting which I attracted many comments as too early. Now it is really ready to go even for those that did not go along for the first time and I know the price is right after the retracement.It is the SGW all loaded up equipped and ready to go.This one is as you put it the third eagle arrived today which is a third down day. To my low key approach, I would called it the rising three method which in the more modern western technique is also known as the bull trap.Today's candle is also an inverse hammer a powerful reversal indicator.

If we look further at the weekly chart it also respect the mid point of the dominant white candle.I predicted to Justin yesterday of this formation and to my surprise I was spot on. I have already pyramid another 6550 units today at 2.66.This is my first sighting and a precious one to me as I am already on board and know its characteristic quite well from my initial venture in may. It was also one that spider kindly commented on.

Peterloh

-------------------------------------------------
Disclaimer: Please note that comments made in this column is not made in my professional capacity and should not be taken as advice.Any share discuss is for general interest and should not be relied on to make an investment decision.Please consult your stock broker or financial adviser in regard to your personal situation.

peterloh

Member

Post Number: 152
Registered: 03-2003

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 12:20 am:

Hi Julles

Nice to see lafee post, seem to have missed him.

In trading always try to have an edge. Spider's way is to line up all the ducks before he shoots.

My preparation is to study the object with all its peculiarities, it is also preparation but hard work, not on charts alone. Therefore I found that using the both, hard work and TA I also end up in the same place. In fact by being early I am already 10% ahead, quite often a lot more because by then every technical analyst will try to get on board.It does go wrong sometimes when you have crooked directors but more often than not they are decent guys. We also have our guard, a stop loss strategy.
You are a good trader, if you made money what ever your technique is. You wont be good however good you are technically if you dont make money.

So I wouldn't worry too much of what others said, but always be ready to learn from others.

Most of all be happy and don't be stress.

Cheers

Peterloh

captain_chaza

Member

Post Number: 313
Registered: 02-2003

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 09:21 am:

Ahoy brave and loyal crew

We must try and go a little faster under full a spread of sail to avoid the those threatening storm clouds to the East

All hands on deck
At dawn on the open in quick time and hold firm NNE direction

HOIST the green CRS

LOWER the blue SRP
HOIST the green GYM
HOIST the red IGO

LOWER the green GDP
HOIST the green EQI

LOWER the red EIF
HOIST the red KAZ

LOWER the red DVN
HOIST the red ALU

Bon Voyage and Gods speed
Captain Chaza
capn

Ahoy Officer Peteroh
We have been sailing SGW since 7/July and I hope she serves us well today with the $8 rise in gold?
I still can't understand why she hasn't filled with wind in the last couple of days?
Great ocean pilot charts and keep the good work up

Also if there weren't crooks and insiders trading I feel our charts wouldn't work

(Message edited by captain_chaza on July 24, 2003)

williamat

Member

Post Number: 61
Registered: 09-2002

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 09:35 am:

Hello Captain Chaza,
A couple of q's if I may.
ALU Is .50 a barrier?.
May I have a colour code: I'm sure you posted one, but it got away.
Now if this were a jet it would probably be under the seat !!!.
Thanks for all your work. Bill.

captain_chaza

Member

Post Number: 314
Registered: 02-2003

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 10:14 am:

Ahoy sea-cadet williamat
The colour code is my interpretations of comfort and volatility

Like bluechips and greenchips

Red $5000
Green $10000
Blue $15000
White $20000

Its most recent Personal best would be the resistance 0.56c

Bon Voyage
Captain Chaza

capn

julles

Member

Post Number: 162
Registered: 01-2003

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 10:14 am:

Morning Williamat, I can help you with the colour code for Alu, it is Red as per the Captains post.

Julles

peterloh

Member

Post Number: 153
Registered: 03-2003

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 10:36 am:

ALU I am still waiting. Julles, yeh you may be right, today may be the day.

Captain

SGW It is fund managers re weighting their portfolio as SGW has gone for a big run. If we use Fibonacci calculation, the retracement is 50% of the recent rise(dominant white candle), a minor correction or retracement getting itself ready for the 3rd wave which according to my calculation is going to be a long and sustainable one. It is healthy for SGW to take a breather after such a strong run up.According to my calculation, the time taken and the movement wise is spot on for a very strong recovery.

The news in the States is still encouraging despite a few minor hiccups as a few corporations
is lagging in their recovery. It will be a good day especially for a few that you have hoisted today.

Peterloh

williamat

Member

Post Number: 62
Registered: 09-2002

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 11:56 am:

Many thanks Captain and Julles, gee it's a tough life; After all if Green is GO how can RED be encouraging?. Thought processes. Cheers Bill.

peterloh

Member

Post Number: 156
Registered: 03-2003

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 01:49 pm:

Hi Julles

Re ALU, it turns out to be that you are a good trader. I still hold 20000 at an average price of .435c. Had you jumped ship you wouldn't have been because you do not believe in yourself.

Captain

Did you see the rear of SGW? Well it will still have some way to go.

Cheers

Peterloh

peterloh

Member

Post Number: 157
Registered: 03-2003

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 03:07 pm:

HI Spider, the mighty one

Need your opinion on MRL and RIC. Though both are in the money, full of unrealised potentials. What does your crystal ball says or your technical expertise says? It does not seem to have the momentum. I also do not know what to make of it.

Cheers

Peterloh

spider

Member

Post Number: 825
Registered: 10-2002

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 05:25 pm:

Yo peterloh,
spider holds MRL as of a few days ago, so obviously I am bullish.

Ric looks promising, but the proof of the pudding is when it holds above 160.
There is a lot of pressure building up, so something had better break soon.
spider.

"The future belongs to those who believe in the beauty of their dreams."
Elanor Roosevelt.

captain_chaza

Member

Post Number: 315
Registered: 02-2003

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 06:53 pm:

Ahoy Officer Peteroh

No sportsman in any arena worth his salt looks at the rear
The true champions don't even look sideways

Looking at the depth is good entertainment but I have seen it fizzle out like a spent rocket too many times
Sometimes it feels like someone has taken the rug out from under of your feet
You must try to remember they are all cheats and even our own 1st mate Officer spider will shoot you down if you even look anything like a duck
That type of ruthless seaman never telegraphs his tacks/moves/punches or hops into an orderly queue

Captain Chaza
capn

Beware of the silent ones
Which reminds me
Anyone seen that smooth talking skipper Seahound ?
I hope all is well??

peterloh

Member

Post Number: 159
Registered: 03-2003

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 07:30 pm:

Yo Master Spider

Thanks for taking time out to comment. It looks stagnant compared to some others that I hold, I have almost fallen asleep.

Hi Captain

I mean the share has run up so quick that I couldn't see the back of it. What do you mean?
You had a very good day today. I am happy with what I have got. Thanks to Uturn for KAZ and Brave Heart Julles for ALU and first mate spider for his usual no nonsense contribution.

Cheers

Peterloh

julles

Member

Post Number: 163
Registered: 01-2003

Rating: N/A
Votes: 0


Thursday, July 24, 2003 - 08:00 pm:

Cyd and Azr had a good trot today Captain, both doing well since my entry, alu well need a little bit more on that one for moi' to be happy.

captain_chaza