So now we are shifting from SYA price versus WR1 price. That's a good start, and thank you for not persisting on that.
.
Next point - I have voiced my opinion why SP of WR1 has fallen. In my view Macros is a bigger factor, but many other punters weighed in by delay in results. -
Again coming back to big drop, why? Macro factor - sentiment is very weak and big talks of indices falling like 2008. It may not happen, but some are playing safe. Other reason is delay in results, some getting jittery. But over all I feel macro is more important.
.So at least we have some agreement. What we don't agree on - is macro more important or delay in results. To be honest, we will never know - we will all have our opinions only - so there is no pint in arguing about it. I am hoping you will agree on this point about not arguing.
.
Your last point that you accuse me of - you also gave quite detailed price targets, which have proven to be quite arbitrary in the past, as they can change within 24 hours based on macro factors - Is this based on reading thru my posts especially when you talk about past or a general statement you give to everybody.? Not sure if you are talking about 110-120 number I gave now or something in past - what is the past dat you are referring to? The number 110 to 120 I gave is based on a trading pattern I follow. I said if things come to worst. Before the big rise we had past 130, we were wavering around 90c to 130c. Fundamentally nothing very bad has happened. I took a stab that if things change, we could be sitting somewhere in the middle before a big rise - so the number 110 and 120. I felt buying would be strong around that level. i could be wrong, but that's just my interpreattion. Tell me - does anyone know what is going to happen, if it goes down how much, or if it goes up how much - we all make our guesses, sometimes we get it right, sometimes wrong. My statement is no different.
.
Another reason I wrote this post is you mentioning me giving arbitrary numbers in past. Honestly don't what you referring to, good to have more details so I can respond accordingly. Reason being, when markets are going up, I publish a Diary. Its in the Weekly Reports. I have been having the Diary for over 1 year with many entries for my buy and sell of WR1 as well in that in most of last year, but when markets are not looking good and I am not holding much, then I don't have a Diary in My Weekly Report. But if you go back and read when I have bought, what target I had, and at what price I sold - you may be surprised. And all this data is nor after the fact - when I buy I put that in Diary including what price I want to sell. And when I sell, I write that next week. I don't know how much more transparent one can get.
.
But as I believe and say, its not about me or you. We are just way down in the food chain. At best we can react to what is happening up the chain. But I like your attitude, you have a passion but adapt. Thanks for that.
Expand
(20min delay)