Which alerts would you like?
All alerts SHOULD be read with the prevailing trend.
Chart from 2006
Click to expand.
i can draw them in after also , like join the dots
Happy to accommodate any charts your interested in or would you like me to find some using the search function.
anyhow you wish as long as there a current item
sincerely thankyou in advance
Thanks for the link Julia, interesting.
What I was more interested in was finding out when the public interview skc referred to was actually made public, as
skc said a good fundamentalist would have picked up on the fact that the ACCC would be on CAB's tail.
I wanted to compare the price action from around the time of the interview to the price action on the 25th June when tech pointed out the VSA alert or on the 8th which was the previous most recent weakness alerts.
But apparently the interview was in 2007, which makes it all a bit pointless. I didn't really want to get into
a FA vs TA debate (again), but since it was brought up I thought why not examine the evidence? Could have
been a good learning exercise. But if the interview was 18 months to 2 years ago then the alerts from June 25 or
8th are not the relevant alerts at all which all makes it a bit inane.
Just grabbed a few without fully analysing.
These are short alerts either a 2 bar set up over yesteday and the day before or yesterday only.
MAP
MTS
MND
ORI
SWK
VMS
These are alerts so if I was to trade them I would have a trigger.
Taking MAP as an example I would sell at open and stop $2.32
Will follow this on a shorter term charts as an example.
Will post up from work.
Just had a look at all of these again.
EVERYONE of them are lower than they were when I posted the alert.
Nun Hope this is helpful.
MTS ?
Am I looking at the same chart as you?
I see bugger all.
Very flat and boring.
But if you can make a $ out of that then you can make a $ out of most anything!
Pretty much the whole market has fallen during this period.Just had a look at all of these again.
EVERYONE of them are lower than they were when I posted the alert.
Nun Hope this is helpful.
Pretty much the whole market has fallen during this period.
Therefore it's a bit hard to see that there's anything special about shorting these.
Pretty much the whole market has fallen during this period.
Therefore it's a bit hard to see that there's anything special about shorting these.
Robusta, what you're failing to 'get' is that those of us who follow price action don't give a stuff why CBA has fluctuated as you describe above.Ok if you doubt the Mr Market allegory explain to me how CBA sp has fluctuated between $60.00 and $47.05 YTD.
The underlying business has not changed that much. Does Europe debt crisis and American recession really impact CBA's long term profitability?
Ok if you doubt the Mr Market allegory explain to me how CBA sp has fluctuated between $60.00 and $47.05 YTD.
Robusta, what you're failing to 'get' is that those of us who follow price action don't give a stuff why CBA has fluctuated as you describe above.
If you're so determined to dismiss trend following or TA in general, then you will never be prepared to consider any approach other than the basic FA you are presently employing.
I honestly don't care what Graham or Buffet ever said. That style of investing is simply not the only - or even necessarily the best - way.
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