Reinvigorate ASF as a stock forum

[nioka]

Over the last couple of years I have found ASF to have less and less use as a stock forum where you keep up to date with your favourite stocks. The home page is usefull in providing a daily update on the general market and a hint of what the day may bring forth.The information that can be gleaned from contributing members on most stocks is limited.

Let us do something about it before it is too late. Post news on a stock when you know something that may help others. That is what I log on for. Most of the rest is entertainment and sometimes not very good entertainment.

 

[son of baglimit]

Over the last couple of years I have found ASF to have less and less use as a stock forum where you keep up to date with your favourite stocks.

Most of the rest is entertainment and sometimes not very good entertainment.

HERE HERE

lets face it, under the glory years of the howard government and the mining boom and low interest rates and wealth creation and targeting spending on infrastructure (NOT) and massive government surpluses and greed is good the good folk that is ASF were happy as a pig in........... with nothing in their way to prosperity.

then along came the evil, all destructive lefties to ruin the paradise, plunging not only their own country but seemingly the whole world into a spiral of debt and heart break and social unrest and high(er) interest rates and inflation and boat people - all in the space of a few months.

so as one of the resident lefties (i deny it but if thats your name for me then so be it) i sincerely apologise for ruining your paradise. if theres anything i can do to resurrect this stock forum into its original form, THAT OF A STOCK FORUM, then i will do what i can.

P Costello in late 2007 said "we have a financial tsunami coming" - funny how he predicted that, assumingly on the basis of labor being voted into office soon after and ruining paradise - certainly NOTHING to do with right wing policy in the preceding years.

i vote ASF be returned to a stock forum, and not the

ANDREW BOLT FAN CLUB FORUM

 

[johenmo]

Agree in general. Musn't lose the educational aspects of it. Very useful for newcomers. I don't log on for AFL etc but have been known to comment on the odd non-stock thread. Maybe these threads provide something for others - just not for me.

 

[gordon2007]

Over the last couple of years I have found ASF to have less and less use as a stock forum

I agree with your sentiment, however I don't really think it's the boards fault per se. Look how many people are actually out of the market full stop at the current time. What else are they to talk about if they're not actually investing\trading.

 

[tech/a]

Ive suggested this before but seems that there isnt an interest.

Most discussions of trading ideas get lost in the Q&A which follows.
I suggest that if something is being demonstrated to follow as in say the Volume thread that it can be locked by the person showing the ideas with a separate thread for questions.
That way you can at least follow it.
I know moderation status has to go with that capability but if its abused just take it away.

There are some serious analysts here who are sick of all the rubbish filling up their threads.
It takes sometimes hrs to present charts and examples.
You soon get sick of spending the time and effort when it all gets lost!

 

[GumbyLearner]

Ive suggested this before but seems that there isnt an interest.

Most discussions of trading ideas get lost in the Q&A which follows.
I suggest that if something is being demonstrated to follow as in say the Volume thread that it can be locked by the person showing the ideas with a separate thread for questions.
That way you can at least follow it.
I know moderation status has to go with that capability but if its abused just take it away.

There are some serious analysts here who are sick of all the rubbish filling up their threads.
It takes sometimes hrs to present charts and examples.
You soon get sick of spending the time and effort when it all gets lost!

In no way can I compare my knowledge of the market to tech/a. That's why I'm a member!

But I'm a member of this forum and given time I'm sure I can learn so much more.

I agree that this forum has been hi-jacked with politics.

I would prefer this to be forum where I can read threads I'm interested in.

Surely the mods could come up with a piece of code that would block out the political banter. So that the helpful contributors could be focused on!

Just my

 

[Julia]

I agree that this forum has been hi-jacked with politics.

I would prefer this to be forum where I can read threads I'm interested in.

Surely the mods could come up with a piece of code that would block out the political banter. So that the helpful contributors could be focused on!

Just my

For heaven's sake, all you have to do is just not read the political threads!
Just pretend they're not there, Gumby.
I notice your distaste for political threads doesn't prevent your contributing to them.

The forum has been lacking in interesting content lately. It's not anyone's fault. I agree that many are out of the market at present so it's pretty natural that there isn't much in the way of scintillating stock discussion.

I do wonder sometimes if potentially valuable new members may be put off when they post a newbie query, or question a strategy put up by an existing member and are met with arrogant and dismissive responses. Don't think I'd be hanging around for more of the same.

 

[CanOz]

Wow Nioka, talk about read my mind. I was thinking on the weekend how its like 'spot the stock thread' time.

I could not agree more, more analysis, more trades posted!

I love the macro view too!

You know really, this is the time you learn the most about the markets, when they're bloody hard to trade! (day traders aside)

Bring it on, more charts, more fundy stuff, etc.etc.

Cheers.



CanOz
Faithful supporter

 

[GumbyLearner]

For heaven's sake, all you have to do is just not read the political threads!
Just pretend they're not there, Gumby.
I notice your distaste for political threads doesn't prevent your contributing to them.

The forum has been lacking in interesting content lately. It's not anyone's fault. I agree that many are out of the market at present so it's pretty natural that there isn't much in the way of scintillating stock discussion.

I do wonder sometimes if potentially valuable new members may be put off when they post a newbie query, or question a strategy put up by an existing member and are met with arrogant and dismissive responses. Don't think I'd be hanging around for more of the same.

Well why is it interesting?

Because of the politics or the investment potential?

Yeah sure you can dismiss the arrogance of well practiced traders.

But do you think it not possible that they feel the same way about political banter wannabe info-seekers?

Come-on be fair! A lot of these traders do this for a living. They are not bigotry-exit counsellors or something. They are only members for the stocks. Surely you can see it from their side.

 

[Sean K]

I do wonder sometimes if potentially valuable new members may be put off when they post a newbie query, or question a strategy put up by an existing member and are met with arrogant and dismissive responses. Don't think I'd be hanging around for more of the same.

Yes, I agree Julia. I've actually been responsible for this myself some time ago when newbies turned up seemingly ramping, but just didn't know the code. The more experienced people here need to take a step back sometimes.

 

[nioka]

I agree that this forum has been hi-jacked with politics.

Don't get me wrong. I dont want to see politics or any other topic banned or restricted. I just want to see ...........MORE STOCK CHAT.

If it hadn't been for ASF I may never have bought ADI, AGM or AOE, my best performers. Other forums are outperforming ASF at 200 to 1 in posts about stocks now. Instead of just voting ASF the best.... make it the best.

 

[basilio]

It would be great to reinvigorate ASF as a stock forum. Trouble is the stock market has been sick as a dog for a couple of years now.

As a result I think many members have been burnt and probably less inclined to keep trying to come up with new investment opportunities. After all there is just so much money one can lose before it all gets a bit too hard. I think it would be a rare member who did not take a beating with some of the big collapses in 2008-9.

I have to say I have enjoyed and benefited from ASF. I picked up a few very good results from the research and analysis done through this forum. (And I hope I have also contributed to the conversations) So lets appreciate that.

One thought though. I have firmed up in my belief that much of the money made in stock markets is not on the quality of the shares but the effectiveness of the ramp. If enough people can be persuaded that a share is a good thing their interest will cause a decent self perpetuating but short term price rise. It seems to me that this is where the quickest but probably most unethical profits are made. I think in a stagnant to falling market there is just far less capacity to create this sort of profit.

On a big picture scene I can't help feeling that there is a groundswell of nervousness about the investment scene overall. (I note that a number of contributors are largely out of the market. )There is no resolution of the huge debts that are overhanging every economy. There are legitimate fears that external issues like climate change and peak oil will create black swan events that will make the GFC look like a picnic. In that context it is very hard to paint a rosy picture.

Perhaps the expansion of the non stock conversations to constructive ideas and opportunities beyond the strictly narrow confines of the stock exchange will be a good way for people to use their skills more effectively.

 

[nioka]

It would be great to reinvigorate ASF as a stock forum. Trouble is the stock market has been sick as a dog for a couple of years now.

As a result I think many members have been burnt and probably less inclined to keep trying to come up with new investment opportunities. After all there is just so much money one can lose before it all gets a bit too hard. I think it would be a rare member who did not take a beating with some of the big collapses in 2008-9.

I have to say I have enjoyed and benefited from ASF. I picked up a few very good results from the research and analysis done through this forum. (And I hope I have also contributed to the conversations) So lets appreciate that.

One thought though. I have firmed up in my belief that much of the money made in stock markets is not on the quality of the shares but the effectiveness of the ramp. If enough people can be persuaded that a share is a good thing their interest will cause a decent self perpetuating but short term price rise. It seems to me that this is where the quickest but probably most unethical profits are made. I think in a stagnant to falling market there is just far less capacity to create this sort of profit.

On a big picture scene I can't help feeling that there is a groundswell of nervousness about the investment scene overall. (I note that a number of contributors are largely out of the market. )There is no resolution of the huge debts that are overhanging every economy. There are legitimate fears that external issues like climate change and peak oil will create black swan events that will make the GFC look like a picnic. In that context it is very hard to paint a rosy picture.

Perhaps the expansion of the non stock conversations to constructive ideas and opportunities beyond the strictly narrow confines of the stock exchange will be a good way for people to use their skills more effectively.

The market is not sick. It is depressed and in this case depression is not a sickness, it is a condition. In its condition it is full of opportunity. Opportunities that would not normally be available.

eg, Before the GFC I would have needed $2,000,000 to buy the CER and CNP stock that cost me $30,000. Now think about this: They still own most of the property and they have less debt. The shares are now worth around $200,000 and have plenty of prospects of future advances. The asset is in property. The property has not gone away.

People get over being burnt. Sometimes getting burnt can help in the end. It is a case of getting back up on the horse and having another go. Actually getting burnt had a bearing on my investing pattern, a different sort of burning. I blew up my boat, spent weeks incapicated and had plenty of time to do research on stocks.

Adverse conditions do create opportunities. A good stock forum will help examine and create opportunities. I consistantly promoted the proposition of trading between ADI,AUT and EKA on these threads and have had several people personally thank me for introducing them to that proposition. In turn I got my inspiration from Agent who kept us informed about those stocks. Discussions relating to CER on another forum gave me an insight into the complicated structure with CER and CNP which allowed me to make an informed decision based on fact.

Sure there are rampers, up and down. It doesn't take long to sort them out.

Lessons to learn from the GFC;
Don't speculate with money you can't afford to lose.
Be careful with borrowed money, if you lose it you still owe it.
Fundamentals are more ikely to predict the future than charts. and
If you are going to ride the horse again then you have to get back up and have a go.

 

[CanOz]

Fundamentals are more ikely to predict the future than charts.

Mate, if you using anything to predict the future then you are just trying to be right all of the time instead of being profitable.

Use math, it works much better.

Now i recall why i don't participate.

Thanks,


CanOz

 

[pixel]

hmmm - here I was, reading all those great suggestions, and intending to add one of my own:

Can it be made easier to insert a chart into a stock discussion? "that other place" lets us upload and insert images into the post itself, rather than finding another website to upload, then inserting a picture by URL to that location.

... and then I stumble across nioka's bald statement: "Fundamentals are more likely to predict the future than charts."

Didn't know anybody could actually predict the future. Even Sir Alan Greenspan admitted "despite extensive efforts on the part of analysts, to my knowledge, no model projecting directional movements in exchange rates is significantly superior to tossing a coin."
(source: http://www.federalreserve.gov/boarddocs/speeches/2003/20031120/default.htm)

For more than a decade, I've tried to drag newbies out of the misconception that fundamentalists aren't tiring to rope them in with. Firstly, no matter how diligently you do your fundamental research, the results of your calculations - yield, p/e, profit margins,... - are only valid till the next Annual Report. Secondly, even if every one of your fundamental calculations proves true, the Market need not share your opinion, but hold some sentiment against or way above your "valuation". Thirdly, and most importantly: Assuming you have foretold the future of a company, that will all too easily lure you into a "The market will come to its senses. I'm right. This is a stock to hold on to till I die" conviction.

In contrast, a chart - done properly - doesn't pretend to predict anything; it simply plots factual trades. If the price goes up on rising volume, you see it and know you can hold on to this stock, maybe even add to your position. Once price hits resistance or volume suggests buyers are drying up, you can make an informed, intelligent decision to take profit from part or all of your holding. Charts also can, as a matter of probability, help you assess the odds of a trend continuing or turning.
Trading shares that way eliminates the need to dig into the bowels of fundamentals: a time-consuming task per share, which bears within it the danger of holding on past a share's use-by date because "Now I've spent so much time studying this company; I can't let it go and start the process all over again with another share."

Back to the subject "Reinvigorate ASF": I would love the ability to more easily include the image of a chart, to explain my (technical) analysis of particular stocks, specific trades, or just a general strategy.
If that approach were generally frowned upon and deliberately discouraged, please say so, and I stop wasting my time and yours.

PS Of course I agree with Julia: If a topic doesn't appeal to me, I skip over it. Nobody forces anybody to read a particular thread.

 

[professor_frink]

hmmm - here I was, reading all those great suggestions, and intending to add one of my own:

Can it be made easier to insert a chart into a stock discussion? "that other place" lets us upload and insert images into the post itself, rather than finding another website to upload, then inserting a picture by URL to that location.

To attach a chart in a post,

click here:



This will open up a new window. From there click on the browse button:



Find the file on your computer and then hit upload.

Simple

 

[nulla nulla]

I've been inserting charts using "the manage attachments" box at the bottom of the "Reply to Thread" box.


What I would like to achieve is being able to post further comments below the chart?

 

[professor_frink]

I've been inserting charts using "the manage attachments" box at the bottom of the "Reply to Thread" box.


What I would like to achieve is being able to post further comments below the chart?

nulla, if you see my post above that has picture with the attachment icon highlighted. If you upload an attachment to the post, from there you can hit the drop down arrow right next to the icon and it will list any attachments you've uploaded so far. Click on the file name you want to insert, and it will be displayed at whatever place the cursor is at that time.

Hope that helps

 

[nulla nulla]

Trying again.....

View attachment djia & nasdaq 20-7-10.bmp

And the result is....success! Thank you professor.

 

[professor_frink]

Trying again.....



And the result is....success! Thank you professor.

no worries nulla