| Author |
Message |
     captain_chaza
Member
Username: captain_chaza
Post Number: 319
Registered: 02-2003Rating: N/A
Votes: 0
|
| | Friday, July 25, 2003 - 10:42 am: | 
|
Ahoy brave and loyal crew
Well done yesterday is was a really good days sailing
The storm still seems to be closing in
All hands on deck
At dawn on the open
LOWER the blue BPC
HOIST the blue FLT
Bon voyage and hold firm
This could be a good day
Captain Chaza
Bring your wet weather gear up on deck today (T shirts for the sea-gals)
It could get a little choppy but I think we have a good spread of storm sails up to steady the ship?
|
peterloh
Member
Username: peterloh
Post Number: 160
Registered: 03-2003Rating: N/A
Votes: 0
|
| | Friday, July 25, 2003 - 06:08 pm: |
|
Hey Julles
Well done, on ALU you came thru with flying colours. The captain was spot on with his timing. In fact I thought the move would be next Tuesday, not yesterday but the flag was firmly planted yesterday. Spider was right with his prediction that it has to be this week.
My attempted analysis on SGW using candlestick was tricky and I knew a few guys were selling out and forecast it to go lower in another thread.I wish some one skilled in candlestick can comment on it warts and all.It was a bold forecast as the share was trending(short trend)downwards and I forecast a reversal using candles techniques.
Justin spoke to me about CLV and I thought it is worth taking a look. It deals in mainly consumer oil and involves with putting omega 3 into food product. Forecast growth is over 400% in year 2004. ABM AMRO has it a strong buy.
It has retraced and still stay above the top of the dominant white candle, therefore the trend is still considered bullish.I feel it is just about to go. A comment from the Captain or First Mate Spider is most welcome.
Cheers
Peterloh
INCREDIBLE OFFER - only $12 USD per month
30 day FREE trial -
Download Here
|
|
|
|
-------------------------------------------------
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.
|
captain_chaza
Member
Username: captain_chaza
Post Number: 320
Registered: 02-2003Rating: N/A
Votes: 0
|
| | Friday, July 25, 2003 - 08:29 pm: |
|
Ahoy officer Peteroh
Re SGW
I seldom see the other threads in those bye-gone waters
What did you say?
Re Your respect for those Japanese sailors ?
I agree !
They are very tricky and clever little chaps
I first started to compete in their elite and secretive style using Metastock #1 in 1986-or so
MS #1 was brilliant as you could do a (2)-5 day chart
The 3 black crows for example could take 6 days BUT they were 3 black crows (Sea-Eagles) none the less and could hit you in the face if you did a 2 day chart
As MS changed/developed they went for MANY MORE INDICATORS
They cut out the 2/3/4 daily combined charts and introduced 200 more indicators
Maybe they on some sort of mission to turn the Mums and Dads into chartists ? Who Knows?
Unfortunately my requests to Metastock were ignored as I am sure it will be ignored by Admiral Colin and his incredible crew as I know novice sea-cadets urge for and seek the thrill-seeking of intra day trips
However, I have never met ONE of these great swashbuckling types who in hindsight wished they had not watched more TV, played lots of golf or even did nothing to break even
In those good old days
The only way I could keep the old Metastock #1 and the ability of combining 2 days as ONE candle meant you needed 2 computers and never update the latest version
I usually do this with a new version as you know some maidens are always very forward in wishful thinking but could be a little backward in performance
Alas, this all came to an end on 2YK and the old goodie was respectively and lovingly thrown overboard
Captain Chaza
I have met with Officer Laffe and the Cafe is now in his capable hands
Hopefully we should now be able to put on a lot more speed ?
|
peterloh
Member
Username: peterloh
Post Number: 161
Registered: 03-2003Rating: N/A
Votes: 0
|
| | Saturday, July 26, 2003 - 12:24 pm: |
|
Ahoy Captain
Interesting to learn of your experiences with the little chaps the Japanese sailors,also your dept of experience with the charts. Remind me of the bygone days when I tediously drafted them on graphic papers.At the moment this Japanese game amuses me, more so when the whole fleet is northerly bound probably we are kidding ourselves when we sit back with comfort thinking how smart we are.Having sailed in the waves of Elliot and study the work of the great mathematician Fibonacci for many a years,this ancient art is really something different.
Notice in the Sydney Morning Herald today that OCZ equities has CLV as one of their top 3 picks.
Looking forward to visit your gallery under the charge of Officer Laffe. He must have been really busy making sure everything is in place.I will time my visit when you have your gallery ready.This should coincide with one of your monthly meetings so that some of the capable seamen from the port of Sydney can benefit from an information day as well.
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.
|
spider
Member
Username: spider
Post Number: 827
Registered: 10-2002Rating: N/A
Votes: 0
|
| | Saturday, July 26, 2003 - 05:17 pm: |
|
Yo peterloh,
I think you might have something with CLV.
I particularly like the volume pattern. It is almost textbook. Big increase on breakout, decrease on retracements.
Reasonable length stage one.
The usual questions re entry...... enter now or wait for retracement (that may have already begun)?
My only concern is that we would be coming in late to the move (this is only a small concern).
It's a nice chart though , isn't it?
"The future belongs to those who believe in the beauty of their dreams."
Elanor Roosevelt.
|
julles
Member
Username: julles
Post Number: 172
Registered: 01-2003Rating: N/A
Votes: 0
|
| | Saturday, July 26, 2003 - 08:52 pm: |
|
Clv ... for me it would have been nice, I would have entered probably at .29 freaked out with the drop to .215 on the 10th March sold somewhere in-between!
Alas then I would have had to just watch it continue on it's way up happily without Moi'!
It's all about watching the sharks really, but I'm obviously doing something wrong as I would have sold in hindsight.
I made good gains on my littles this past week, so when I make it into the White & Blue & Green sails I'd recommend getting a shark net out.. lol
|
julles
Member
Username: julles
Post Number: 175
Registered: 01-2003Rating: N/A
Votes: 0
|
| | Saturday, July 26, 2003 - 10:18 pm: |
|
Ahoy Captain, are you in the Wheel House?
You asked me how I felt about casting purple sails $2500 .. I'm all for it, I hope the rest of the crew are.
If not I will accept demotion to scully maid until I prove myself. I do tend to go for the amount of stock I can purchase this makes a better leverage momentum for me.
I can sell half and keep the rest to do what they want, but I never let up my watch, this is where my candle training is taking place.
On all the watches I've done at sea I will never forget that no matter how good it is something can and will go wrong if you let it.
Now Where is Laffee, I hope you have'nt chained him to the Cafe' for life!
Julles
|
lafee
Member
Username: lafee
Post Number: 159
Registered: 04-2003Rating: N/A
Votes: 0
|
| | Saturday, July 26, 2003 - 10:36 pm: |
|
HI Julles
Not far away at all.
Trying to develop my candlestick analysis as well. Much needed as I am just about to start trading CFD's.
PeterLoh will be happy that I have just purchased Louise Bedford's book.
The Captain and I have declared war on the opposition. I wonder if they will take notice?
Cheers
LaFeeVerte
(Message edited by lafee on July 26, 2003)
|
julles
Member
Username: julles
Post Number: 177
Registered: 01-2003Rating: N/A
Votes: 0
|
| | Saturday, July 26, 2003 - 10:54 pm: |
|
Lafee If I were young enough with anatomy landing in the right places I would be most jealous of your good fortune.
I'm pleased to see our Captain is not a pirate (contrary to what some landlubbers think) and willing to share his great skill.
Now treat an old cook nice and tell her what CFD's are, I have seen them mentioned somewhere in my tack but they seem to be mentioned to often with deal for free' ...
I'll have another nip of the rum while your at it if you would please.
|
colin_twiggs
Member
Username: colin_twiggs
Post Number: 575
Registered: 09-2002Rating: N/A
Votes: 0
|
| | Saturday, July 26, 2003 - 10:55 pm: |
|
Captain Chaza
We may be able to do 2-day bars on a chart. Is this the most useful of the three (2,3 and 4 days)?
Colin
|
julles
Member
Username: julles
Post Number: 179
Registered: 01-2003Rating: N/A
Votes: 0
|
| | Saturday, July 26, 2003 - 11:48 pm: |
|
Only if he explains to the crew what they mean...Colin
No seriously that's so Great' Captain what do you think?
Ok Crew and able seamen, since the Rum's freely available in the Galley on this Saturday night.
Why am I feeling so alone?
Just bad luck?
|
julles
Member
Username: julles
Post Number: 182
Registered: 01-2003Rating: N/A
Votes: 0
|
| | Sunday, July 27, 2003 - 01:46 am: |
|
I went all out tonight and drank 1/4 of dark rum, tis a fine drink when your amongst friends.
I hope I haven't brought shame to the Incredulous ship from my rantings.
My apologies !
|
peterloh
Member
Username: peterloh
Post Number: 162
Registered: 03-2003Rating: N/A
Votes: 0
|
| | Sunday, July 27, 2003 - 01:19 pm: |
|
Yo Spider
Agree with you, classic pattern. Volume build up on climb and low volume on retracement.I see opportunities to enter at 61c plus or 59c plus, waiting longer may miss opportunities.Thank you for your feedback .
CLV is a great story with their OMEGA 3, as it is said to be mercury free.We need it to increase good cholestrol especially for baby boomers and pregnant women.Their operation has turned around from a loss to a profit making concerned.This product alone will propel them forward.I can see it as being in most of our food product in the very near future.
cheers
Peterloh
PS: I know you would like this one as it fit into your well established pattern. You are so careful, anything you endorse will reduce the risk factor as I tend to pick them young.
-------------------------------------------------
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.
|
julles
Member
Username: julles
Post Number: 183
Registered: 01-2003 |
