Recent content by titus-uk

Impressive action today...lot of shorts getting caught with their pants down lol! I am still waiting for my next setup right now which will probably be short unless the downtrend is broken (there are several very longterm trendlines in place....they would need to be broken before I would go...

Quite surprised by such a weak day today.... The battle is now at 1066 and 1040. The former breaks and the bulls have the initiative. However it is the bears with the ball right now. 1040 breaks - heading down to 1000 or less. Also head and shoulders point to similar level....lets see what unfolds!

1040.....early rise beginning of week, then down after that.....

Just for fun mate.....closed my short position today!

Getting back to this after a long time away from this game 1040.....

I agree with your analysis entirely. The downtrend has been intact for so long. I cannot see any substantial good news around the corner to help it to break this. For me, it is so much more worrying that the Nasdaq had such a storming week last week, and ARM closed at the opening price of 225...

CGNU Ultimately, all break-outs are driven by volume. And CGNU has risen 737 to 794p in the last 11 days, with all days bar one on lower than average volume. It is now at resistance. there is no evidence of accumulation. In the end, you can only be primed to act as the market dictates. But...

MAN Difficult - 2 sides to this one. I am not sure if you mean long or short, or why you wish to enquire! One thing in its favour is that if you look at the long term chart, it has successfully bounced off its 200day MA, funnily enough with the exception of Feb 2002, though it did come back...

I have heard several people say that fair value for vodafone is 70p. I have also heard that there are calls for it to be more transparent with its balance sheet, and the impact on it by so many aquisitions, some of which were bought at sky high premiums. Not much to be optimistic about.

ARM I have to admit, I am not a day-trader, and have therefore been caught with the rapid rises and falss of ARM in the past. However, since 19/11/01 it has been in a continuous downtrend, and any rally within that trend should not be trusted. Although the "professional brokers" are starting to...

Depends on your time-frame. For me, there was a failure to break resistance at 680, and a short-term downward leg since. We are now close to the upward trendline in place since October, as well as the last low of 616. So in the short term, you MIGHT look for a bounce off these levels, with...

Cheers Riz, good to be back.......had a break, and have then been doing a lot of rethinking of the way I trade......no system is ever 100%, but I am optimistic that in whatever market, I will be better equipped to win. I will be around more often....love the new setup - Sharky, excellent job...

I think that what its saying is that you should treat a trade as an intellectual challenge that has the opportunity of making you money, than the other way around. Emotions are the enemy of technical analysis, as fear and greed are so strong they oppose clear thought. If you want to look at...

Interested... Have been thinking a lot about this recently... after all, in trying to go long in the traditional sense, means I am always fighting the trend at the mo - a recipe for disaster. Will be interested to hear what others who do spreadbet have to say on the manner.... Mark

Saw it too mate...... Brought a smile to my face....esp when my wife asked if I had heard of it!! The report that quickly followed also made me smile....the private investor telling everyone to get out NOW! Also that he disbelieved in all charts - "bunkum" - but that the trend was down and had...