once more unto the breach, page-25

Sorry for the long late post

@Niqo does the action on LYC in US on Friday point you in any particular direction? (I think others are asking this question.)

Not at all mate I look at the charts of LYC in isolation, thanks for the question, a question back at you. When are you going to start on the charts?

@Adsy79 I noticed how you've pointed out 3 little test type bars. As much as you may think they're the same, they're actally not. The first two, yes. The last, unfortunately not.

Yep that s what I was trying to point out with the fact I wasn’t happy with it and you are dead correct on the background, sometimes I let a little wishful thinking creeps into my thought patterns, sometimes I wonder if I do it just to slap myself in the back of the head. Thanks Adsy79 nice to know you’ve got my back mate :)

Bachy_2, Taurisk and Thomoliam Thank you very much it’s very kind of you guys. Thomo the package I use is a free one called QuoteTracker (http://www.quotetracker.com/) they no longer support it as it has been sold to Ameritrade (I think) and unfortunately my data provider does not support it since their last web site upgrade, so I’m 20 minutes behind the times from the ASX, but I make my decisions on the EOD data any way (in fact I only look at the market during the day when I am trying to get in or out on a trade and I can get enough of an idea from the intra day (20 behind) and live quotes from my broker, mental charting) so it doesn’t matter, and I really like QuoteTracker so no need for me to change.

And last but not least thanks Botfodder for your as usual sterling commentary keep it coming mate. (You too Adsy I learn from your input just as I do from Bots and Mitta’s hope you are doing o.k. Mitta)

Now with the full moon out everything is a bit crazy it’s all high tides and bathing crystals in the moonlight and naked dancing at midnight in the moonlight (don’t get to scared it’s not me )

Well we can’t wishful think our way out of this, we can hope but that is about all we can do. It really started on Tuesday last week with the bar finishing well off it’s highs, Wednesday didn’t look to bad because it went down on less volume however Thursday was a mini Tuesday and Friday had too much volume and too big a spread as Adsy79 pointed out “I was dreamin’” so we get to today, which was just plain nasty, down and higher volume to boot (no entry for me, I know it wasn’t much higher but we really needed lower volume on that bar), and as much as I hate to admit it it’s not looking good for tomorrow. There will be a jump soon but they are playing this to the end, and as they know when the announcements are due and we don’t, the chips are stacked against us, bring on next week is all I can say, perhaps Friday we might see the worm turn perhaps with Bots gap filled, we should all hope for that, this ride has been too long already.