Which one do you use? Technical or fundamental analysis?

[Realist]

Re: Which one do you use? Technical or fundamental analysis

I've held back from posting this and held back and held back,

Keep holding next time, it wasn't worth the wait.

(there's a much better one around)

Who's the better troll?

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Currently CMI is not giving a buy signal, but is giving sell signal after sell signal.

MichaelD, you posted this on June 20th. About a stock I mentioned.

CMI since went up 30% in 3 weeks.

Any comments?

 

[RodC]

Re: Which one do you use? Technical or fundamental analysis

I bought 1000 CMI shares at $1.20 - collected some dividends then sold in June 30 at a small loss.

Realist,

You need to learn about shorting. It looks like you've successfully bought into a downtrend and sold near the bottom.

Rod.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

I did not lose on it Rod, I got dividends - look at the yield on CMI.

I was experimenting - a failed experiment admittedly.

But I lost no money and gained some experience I suppose.

I was not interested in its trend. I was interested in its ridiculously low PER and high Yield and the fact it has made a profit year after year. Sure enough it shot up 30%.

Just one of those things I suppose - my worst buy this year..

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Hey guys...


What do you think of WDC now?

Dividends coming soon..

Would you buy now??

 

[RodC]

Re: Which one do you use? Technical or fundamental analysis

Realist,

Regarding WDC.

Depends what you wnat to get out of it.

There seems to be some resistance at about $18.30, I probably wouldn't look at it for my longer term holdings until it got thru there.

Having said that I also have a shorter term "dividend portfolio", I may be interested in it for that, but I managed to lose on it over the last couple of dividends so I may well leave it alone.

I actually like WDC and would like to own it long term, but it just doesn't seem to work for me at the moment.

Rod.

This is not advice, don't take it as such.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Thanks Rod. I agree with you.

Now final one MRE Minara Resources Limited (MRE, formerly Anaconda Nickel Limited)?

What do you think Technically? Because Fundamentally it looks ok...

Is it worth a punt?

 

[Sean K]

Re: Which one do you use? Technical or fundamental analysis

WDC is a good long term investment. Would suit your investment theory I think realist. It's almost a buy and forget. It'll go through cycles, but management is top notch. Turned around Australian soccer!

 

[ghotib]

Re: Which one do you use? Technical or fundamental analysis

WDC is a good long term investment. ... It'll go through cycles, but management is top notch. Turned around Australian soccer!

ROFL

Better be sure about the succession planning though.

Ghotib

 

[Sean K]

Re: Which one do you use? Technical or fundamental analysis

Technically MRE is struggling with past resistance/top. Could fall back to $2.40 and then retest highs, or break through depending on all else. Needs positive market or at least stability to climb now.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Turned around Australian soccer!

Yep Frank Lowy is a genius alright

He's so smart infact he could take over Channel 9 and get it to win the ratings one night.. Which no-one else seems to be able to do, even Eddie.

Dancing on ice - oh dear?

 

[RodC]

Re: Which one do you use? Technical or fundamental analysis

Lowy actually used to own Channel 10 back in the 80's. He lost heaps, so he went back to concentrating on what he does best.

Rod.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Thanks Kennas,

Fundamentally I like the following resource stocks because they make profits, have a low PER, little debt, and a reasonable P/B ratio, and they pay dividends!


MRE, ILU, and ZFX



I own none of them as they don't meet my criteria though - only BHP and RIO.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Lowy actually used to own Channel 10 back in the 80's. He lost heaps, so he went back to concentrating on what he does best.

Rod.

Wow I did not know that. AAhh you have ruined my image of him. Still WDC is doing well.

My other shares are taking a pounding today, WDC is just about the only green one I've got for today.

 

[RodC]

Re: Which one do you use? Technical or fundamental analysis

Lowy's biography is worth reading, it's a pretty amazing story.

Rod.

 

[Magdoran]

Re: Which one do you use? Technical or fundamental analysis

Ah, bugger it. I've held back from posting this and held back and held back, but SURELY enough is enough. Time to call a spade a spade.


PLEASE those of you who should know better (myself included) stop feeding the troll. He's not even a very good troll (there's a much better one around) and he has been fed extremely well.

Plenty of you have declared your stop losses hit in this thread, so stop the ongoing slippage!

Let the market teach the troll his lesson - he sure ain't listening to any of us.

MichaelD


Applause!

You've got my vote. I'm 100% behind you.


Regards


Magdoran
P.S. I liked that piece you wrote about institutional trading - must respond to that at some point - really interesting perspective

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Applause!

You've got my vote. I'm 100% behind you.


Regards


Magdoran

Nice use of the bold button Magdoran.

It is nice to see the percentage of your posts moaning about me are growing.

 

[Magdoran]

Re: Which one do you use? Technical or fundamental analysis

PLEASE those of you who should know better (myself included) stop feeding the troll. He's not even a very good troll (there's a much better one around) and he has been fed extremely well.

You know Michael, I think we should invite the other troll around for dinner on this thread, the current one’s become quite boring and repetitive, hasn’t he?

The other one’s much smarter, more humourous, and I’m sure is much more sophisticated in comparison.

Perhaps there could even be a troll “session” between them to liven up the thread, now wouldn’t that be fun? – kind of like one of “snakes” Asian “**** fights” he was talking about?

Who wants to be the bookie for the bets?


Mag

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Who wants to be the bookie for the bets?

Me!! I will!

Your percentage of posts about me is ever growing. Just put me on ignore if I get to you that much.

Who is this 'other troll' anyway, he sounds interesting?

 

[dallee]

Re: Which one do you use? Technical or fundamental analysis

Magdoran

Thanks for your advice two pages back. My how this site moves when you spend your day doing 'a real job' (actually I work in the public service but trying to get with the vibe of this forum by insulting someone at some point!). This site has been a bit of an eye-opener. We revalued the house, which has risen in value without us really noticing -- no charts involved -- (Realist, just go for it) and have a healthy line-of-credit to spend. Based on this discussion I won't dip a toe in until I have much more of an idea of what I'm doing and the market is not as fully valued and forgiving of mistakes.

I'll continue to read this forum in the meantime, though, cause the audacity of the insults makes me laugh out loud.

dallee