ever since this saga started I have been searching for someone who live through those era and love (and would give almost anything) to have a chat so well... experience is invaluable (as we experience this one today it will come back for good use again)
yet I have a feeling such chat with the elders are worth much much more
Reiner how did your dad live through those days? if you don't mind asking him? whats the mindset like on daily basis? I have heard those who survive/thrive are those who kept their dreams and kept dreaming if your dad is willing to teach me a few thing Thanks in advance :) If not dont worry Thanks again :)
Hi all
POG looks good thus far it looks like it has consolidated in Asian comex this morning was going to do this on the weekend just want to take abit more time esp tonight give me more certainty
but here's my 2c crystal ball close to 1700 by Friday over 1760 by end of next week pushing and really testing 1800 by end of month hv over 50% chance punching through if so 2300 is set and in sight if 1800 can hold for consecutive 3 days or more all these are co-inside with greek timetable (which is really an excuse or "freak yourself reason to sell and buy back") if so next small correction may be around HY remember fml sell price avg 1650 cost 900-1000 so we are still better than good :)
Will greek default? most likely still as fundamentals and structural reforms are not there at all and hence my outrageous theory of sell the country (will be back for that discussion if you are still keen) but with draghi unlimited tap on atm and 3rd one looks like its coming i think we have at least 1.5 years conservatively once this greek excuse is dusted next big thing unknown of unknown is the France election sorry thats beyond crystal ball too little info on the opposition but most has said campaign to win and once elected it'll be the same breed
so how does all these translate to fml? same old fundamental are excellent sp sucks and being pushed down depth is irrelevant (as sharks are always around) buy or sell depend on your fortified wall and strategy and timeframe to hold/exit and risk (apparently?) way undervalue according to Hartley next Q should be meaty *** STRICTLY MY UNFOUNDED CONSPIRACY THEORY smth seems to be going behind closed doors (my view) cre-stone-TI plus plus personally it smells like it has to do with T/O as in fml being tapped and to be served up but the board are keen to developed (keep their job) and expend o/s (get bonus?) or they may be trying to enhance the (perceived) value of company with those trips (perhaps some future deals) could also explain why cre is taking so long (unfinished business) and we all know if fml is offered up now we will be sell way short even with 20c sp sp 4.7 looks like the floor (6mth high 0.076*61.8% Fibonacci) that was when the new down trend 7-6-5c begins but may be retest again as still some time b4 international market trend up clearly and q report is released
personally all this sp stuff is fluff to me as none of us has control over it really bots or sharks or Lt investor or board when its time its time all we can really do is project base on some data whatever we deemed useful and yet how many time it fails "market up fml down... again" "ann out fml down... again" perhaps a better indicator (of which I learn from BoB P Elliot wave) is social mood - YES YOUR EMOTIONS and then I try to put all of "you" together and try to see how far our emotion can carry up/down on sp scale so its nothing really to discuss sorry to lost my cool the other day I usually just let them be and say whatever they want may not have enough sleep that day :) and it was seriously affecting social mood hence sp so thanks to pinto cw fnf and all who have positively kept sp above water for this long :)
now my secret's freely shared... again :) on that note for serious and loaded investor consider paid research by Bob P http://www.elliottwave.com/default.aspx I subscribe to global research you will see more coherent picture of what is going on just dont sell you entire portfolio out of panic which I did as I seriously though it was end of the world and was not familiar with macro views then the world (and fml and sp) is still developing and its up to us :)
if not there is a tab for free stuff USE IT :)
*** PLS DYOR STRICTLY crystal ball only none is useful unless you deemed so and take full responsibility for your own freewill choosing
trillion for a loaf of bread? I wonder how I will feel? rich or poor? depends on the movie I play in my head I guess
btw i am now off for the wkend
:)
good luck to all
FML Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
(20min delay)