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Archive through September 24, 2004

Chart Forum » Traders Groups » "Sailing the ASX" » Voyage #2 'The Greatest Sport of All" » Archive through September 24, 2004

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julles
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Username: julles

Post Number: 1232
Registered: 01-2003

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Friday, September 17, 2004 - 10:51 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)



Uhhh if only I had $120000 to make that $4000 grand alas for kitchen hands like Moi' it's a matter of picking and choosing the flavour of the day.

Going to a Spiritulist church this Sunday, maybe I'll be given insight from there. Hope so..

Julles


If you don't know, then how would I know?

That's why we communicate, maybe we can discuss something and reach a conclusion that makes us feel OK about our choices, not right not wrong but OK because we made the choice.


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julles
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Username: julles

Post Number: 1236
Registered: 01-2003

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Saturday, September 18, 2004 - 12:42 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'm going to give it a rest Captain, thanks for having faith in me and for your encouragement.


Keep up the good spirit, when I seek the market again this will be my first port of call, and if you ain't here ''''
God forbid.


Luv ya all ... Julie







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lulu
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Username: lulu

Post Number: 19
Registered: 09-2004

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Saturday, September 18, 2004 - 10:50 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)



Having spent most of my working life around yachts, I felt compelled to read these nautical postings. They really have a lovely flavour amd I hope I am not intruding.

I went through and checked the stocks and felt TWR had divergence on the daily, weekly and monthly charts and wondered if 'reefing in' may be appropriate?

I am relatively new to using these charting indicators, having studied Gann for quite some time, where our tools were completely different. After a long time of battling with it, I have found this a lot easier and more productive. I still have a lot to learn though. Please forgive my if my MACD reading is incorrect.

Lulu


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captain_chaza
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Username: captain_chaza

Post Number: 963
Registered: 02-2003

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Monday, September 20, 2004 - 05:13 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)



Welcome aboard sea-cadet lulu

It's really great to have another wet T shirt onboard


Sailing is all about temperament and courage
Unfortunately these are not given to all but we must do the best we can with what we are given
We seamen always try to use the best form of logic and safety drills but sailing on our bear instincts always seems to work best for some reason?

Sometimes we just seem to lose our patience with a few sails in order to put on a little bit of extra speed

At dawn on the open
LOWER the Green BSA @ 0.35cents
HOIST the green SNN at dawn

LOWER the green FXR @ 0.66
HOIST the red SKG at dawn
HOIST the red GUN at dawn

Bon voyage and Gods speed
Captain Chaza
capn


"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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lulu
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Username: lulu

Post Number: 34
Registered: 09-2004

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Monday, September 20, 2004 - 06:41 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)



Thank you Good Capt'n.

I'm looking forward to the journey.

BSA had a total of $16,800 in volume on Friday.
Do you have a volume / turnover criteria?
That's below my waterline.

I've set my sites on FXR.


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peterloh
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Username: peterloh

Post Number: 654
Registered: 03-2003

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Monday, September 20, 2004 - 04:59 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)



Julles,

When I put your list through a list of tests I forgot to ask what your intention was. Probably you were looking for a quick trade whereas I was probably looking for a short, medium or even a likely to be a long term trade later on.The selection tended to be probably over cautious. I forgot to mention a little bit of FA which also swayed my selection towards MAH ahead of FEA. That was directors' buying and the resumption of dividends after 5 years, which was a vote of confidence. Besides that the company also had a heap of contracts on hand, not that it matter much to a technical analysts. To day the market depth's is in the buyers' favour ratio 2 to one. Existing member Acorn also gave it the thumbs up by increasing holding from 9 to 11%.

Peterloh


-------------------------------------------------
Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.

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peterloh
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Username: peterloh

Post Number: 655
Registered: 03-2003

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Monday, September 20, 2004 - 07:00 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)



Lulu,

What is "reefing in"? Is it same as lowering the sail ie is exiting?

Peterloh


-------------------------------------------------
Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.

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lulu
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Username: lulu

Post Number: 40
Registered: 09-2004

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Monday, September 20, 2004 - 07:05 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)



Hello Peterloh, when strong weather is on the way, one reduces the amount of sail up, (reefing in), giving better control and you will not be tossed around so much. So, what I meant was to tighten stops, as I found there was divergence, which suggests a change could be imminent. I hope that makes sense.


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peterloh
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Username: peterloh

Post Number: 656
Registered: 03-2003

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Monday, September 20, 2004 - 07:43 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)



Lulu,

Thanks for the explanation and caution.Certain shares, I have a different approach to short term trading.For strong trending shares, any retracement is an opportunity to add on.TWR to me is an opportunity to add more to my portfolio as I am bullish on this one.Currently, I am very bullish on funds management and insurance sector as I am of the opinion they will have legs.

My strategy on investment is to trade certain recovery shares till a dominant pattern is established where a strong trend appears. When this becomes clear I will triple my position. Meanwhile I will test the water and if it does not work out I will exit immediately.I also used FAs to analyse and understand what has change, for the share to establish a different pattern. TAs is my confirmation of the success, charts will tell me how successful is their change in the near future and whether I should go on to the next one or continue to monitor my trade.Change may be change in company's management, services or new product lines, monopoly, or cyclical demand,new barriers to entry, inventions,new contracts etc.

Sorry Captain, for taking up your space. sometimes it is better to explain my thoughts to eliminate and reduce misunderstanding.I also realise now most of my sails tend to be heavy laden, hopefully some of them do made up for it.

Peterloh


-------------------------------------------------
Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.

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captain_chaza
Member
Username: captain_chaza

Post Number: 964
Registered: 02-2003

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Votes: 0


Tuesday, September 21, 2004 - 11:00 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

HOIST the green MST at dawn on the open

Bon voyage and Gods speed

capn


"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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shubh_labh
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Username: shubh_labh

Post Number: 91
Registered: 06-2004

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Votes: 0


Tuesday, September 21, 2004 - 12:26 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)



Captain, Peter and all good people on board..... good wishes and regards.

Captain, thanks, appreciated your informative post on ex-divi stocks. Now I know. Couple of my ex-div stocks have started to claw back up, need more patience.

Captain, my compliments. It appears your good ship's course is being monitored and followed by many experienced captains and novice sailors. Volume seem to go up as soon as you hoist the flags.

MST,SKG, SNN have been hoisted.


Please do not consider my mention of any stocks to be a recommendation to buy, sell or hold. I am here to learn.

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tyche
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Username: tyche

Post Number: 18
Registered: 11-2003

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Tuesday, September 21, 2004 - 04:44 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)



Captain,
AGX looks like closing well
Tyche


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captain_chaza
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Username: captain_chaza

Post Number: 965
Registered: 02-2003

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Tuesday, September 21, 2004 - 04:48 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

LOWER the green AMU @ 0.53
LOWER the green IBA @ 0.70


Captain Chaza
capn


"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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kenr
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Username: kenr

Post Number: 48
Registered: 03-2004

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Votes: 0


Tuesday, September 21, 2004 - 06:12 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 our fearless Captain

Sea-cadet Kenny requesting permission to re-board your ship
Sir. Having major computer problems at the moment but will
try to have some input if given a berth. Quite experienced
at cleaning bilges,motors & scrubbing decks.

Cheers
ken


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captain_chaza
Member
Username: captain_chaza

Post Number: 966
Registered: 02-2003