Technical Analysis II

hmm. looks like a buy signal at 4600?
That was the market on december 9 when I called the 20% decline, a response to scrutiniser. I don't see anything particularly hilarious aout it. That was when everyone could go short for the january decline if they followed my advice.
 
That was the market on december 9 when I called the 20% decline, a response to scrutiniser. I don't see anything particularly hilarious aout it. That was when everyone could go short for the january decline if they followed my advice.
How much would I have gained if I followed your advice and sold a future of the market at the Dec 9th price minus 20% at the end of Jan?
 
How much would I have gained if I followed your advice and sold a future of the market at the Dec 9th price minus 20% at the end of Jan?
close 4621.57 december 9.
close 4273.75 january 29

(4621-4273)*20 = $6960 US profit
deposit for 1 mini nasdaq maybe 5 to 6k.
 
close 4621.57 december 9.
close 4273.75 january 29

(4621-4273)*20 = $6960 US profit
deposit for 1 mini nasdaq maybe 5 to 6k.

December 9th close 4621.57.

You predicted a 20% fall. So I would sell a future at 3697.25 (4621.57 x 80%)

I would then buy that back at the end of Jan for 4272.75.

A loss of 13.45% of my investment.

Great prediction!!
 
December 9th close 4621.57.

You predicted a 20% fall. So I would sell a future at 3697.25 (4621.57 x 80%)

I would then buy that back at the end of Jan for 4272.75.

A loss of 13.45% of my investment.

Great prediction!!
I will leave it to kevsta to comment. Of course you have it quite wrong, my figures are precise other than the initial deposit.

I am starting a treatise based on this thread. There is generally no goodwill discernable anywhere in 5000 posts. Outside of kevsta.

I have no idea what is going on.
 
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I will leave it to kevsta to comment. Of course you have it quite wrong, my figures are precise other than the initial deposit.

Hopefully your figures are more accurate than your predictions! You remember your prediction, don't you? "All world markets down 20%".

I am starting a treatise based on this thread. There is generally no goodwill discernable anywhere in 5000 posts. Outside of kevsta.

Laughter is goodwill.

I have no idea what is going on.

I do.
 
December 9th close 4621.57.

You predicted a 20% fall. So I would sell a future at 3697.25 (4621.57 x 80%)

I would then buy that back at the end of Jan for 4272.75.

A loss of 13.45% of my investment.

Great prediction!!

no, Samson is correct, misunderstanding at play here. you would sell it at 4621 following the prediction, and buy it back at end Jan's price for 349 points less.

obviously 349 points does not equal 20% of 4621 though.
 
Samson are you short again yet? :D

I dont think this has got much more steam left in it now
 
I am starting a treatise based on this thread. There is generally no goodwill discernable anywhere in 5000 posts. Outside of kevsta.

I'll believe it when I see the treatise but regarding good will, as ye sow so shall ye reap ;)

I have no idea what is going on.

Anyone claiming otherwise is fooling themselves and/or others.....
 
When I say I have no idea what is going on, of course I am referring to the incivility that was referred to be a mod recently. I am contemplating what the motivation would be. I have no need for this sort of adversarial posting. As kevsta confirms, Lothian made a post that referred nowhere to facts, and yet was triumphant in tone, as though he had just proved something..

Instead of saying yes there was a significant decline, the fact it was not exactly 20% was seized on. In fact I said 20% then was asked by when, and suggested end of january. I suggest you all forget this thread and get your trading ideas from CNBC.

Now I am waiting to be told my upside target for the recent rally appears to have been missed by 3 points, it got to 1946.87, so the prediction was worthless.
 
When I say I have no idea what is going on, of course I am referring to the incivility that was referred to be a mod recently. I am contemplating what the motivation would be. I have no need for this sort of adversarial posting. As kevsta confirms, Lothian made a post that referred nowhere to facts, and yet was triumphant in tone, as though he had just proved something..

Instead of saying yes there was a significant decline, the fact it was not exactly 20% was seized on. In fact I said 20% then was asked by when, and suggested end of january. I suggest you all forget this thread and get your trading ideas from CNBC.

Now I am waiting to be told my upside target for the recent rally appears to have been missed by 3 points, it got to 1946.87, so the prediction was worthless.

:dig::dig::dig::dig::dig::dig:
 
My only recourse is to continue posting in good faith. I am sorry I am not taken seriously when the evidence of well functioning predictions using technical analysis is right through the threads. Since there are still people viewing, I will continue with the assumption there is content of interest.
 
I see another issue, I made the prediction saying by the end of january, but you remodeled it to At the end of january. Pray why? Many markets recovered 50 % in the last few days and the ftse recovered 90%. I don't know why I waste time with you lot.
 
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No you did not. You perpetuated the serial and wilful misrepresentation of every effort I have made. This feels like a game being played, and it is being played badly. I will now contribute to Icerat's thread with specifics. I don't like this at all.
 

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