Forum Archive Index - May 2002

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] Re: FBU Chart

From:	"Peter Riches" <peter@kairos.ws>
Date:	Wed, 15 May 2002 12:54:44 +1200

Thanks again Phaedrus for sharing details of your trades (and thought
processes).

My question is: what siganl did you receive that made you decide to buy back
in the next day at one cent more than the price at which you had just sold?
That is, what made you think FBU wasn't going to continue falling? The RSI
seems to indicate 'oversold' when you sold just like it did when you
subsequently bought. Also at 270 the price appears to still be below the
medium term up trend line (just) and support level of 274.

Regards
Peter
PS: I'm not making any judgement - just seeking to understand. Appreciate
all your posts.


----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/

References

[sharechat] FBU Chart Phaedrus

Messages by Date [	Next by Date:	[sharechat] CLI- Forecasts to June 30, 2002 and 2003. G Stolwyk
	Previous by Date:	Re: [sharechat] FBU Chart andrew cottingham ]
Messages by Thread [	Next by Thread:	[sharechat] FBU Chart Phaedrus
	Previous by Thread:	Re: [sharechat] Fib levels Phyllis Bergquist ]
Post to the Forum [	New message	Reply to this message ]