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14/10/05
13:22
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re: facts are found in charts too
Yes I just sent you two charts
And before that a small number to help with perspective and discussion..
What is all this nonsense about balanced view and PR ?
This is My view ,, Your View and then I introduce these two charts for some perspective...
Mkt dynamics are worth while to study NO matter what type of investor you are I think So !
OK P & F chart still bouncing around in the $3 to $3.20
Range ... Still want to see what Volume does IF $3.40
$2.80 to break to the downside.... I will want to see what happens if then too..
Over time The course of sales the order flow will converge with the fundamentals... But at any one time
oversold or overbought and noise can dominate
OK I selected the box size for a reason and the reversal
We see $2.80 or $3.40 I will then see what happens to Volume...
If we see more $3 and $3.20 s ( talking about boxes not shareprice ) .. that is still just sideways...
Now fundamentals that matter are improving or deteriorating.... Potential increasing or declining
Price moves sideways... pressure builds let's see
Miss the best 10 days miss significant part of the price rise.... Miss the 10 worst days miss significant part of the price declines
10 best days tend to follow the 10 worst .... 10 worst days tend to follow the 10 best ......
So We have to look for when demand arises before the price rises..
I am only sharing My view and perspective
That is How I see things
People can ignore all they like including you
And If No one thinks that Tuesday's action was significant fine..
Noting much has changed YET... still moving sideways
See $3.40 or $2.80 and We will all see ,And I will give My view
And We Buy and sell quantities of stock
not price levels
How many SSI did everyone buy at .12 ?
Sure put a mark on the chart and say should have
But what was the Volume
Put a mark on the chart at $4.20 and say should have
But what was the volume ?
On balance are people accumulating this or not
And are the fundamentals getting better ?
That is the main question for Me..
More keno permits ?
More deals ?
Pharmasafe ?
significant directors ?
much less shares to issue ?
placement at $3.50
Large holding in Goconnect ?
And wonder why the options in Goconnect were exercised NOW ??? one reason So they could sell shares ? needed the money for something ?
Always some aspect to think about !!
Nothing certain... Just My view and opinion
AND only at this moment NOW
Anyone on HC read Benoit Mandelbrot's
( Mis ) Behaviour Of Markets ?
page 242 The parable of the ten thousand lakes ?
How far to the far shore ?
How far to support and strong buying ?
At a certain price ....
The chart will help us see it ...
motorway
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