The Lemon Fool

Just popped over here to publish a chart of Carillion. There's a discussion about "culture" on the HYPP board and whether noting the culture would have saved us pain with this company.

I think anyone paying attention to charts would have been out of CLLN well before the collapse. Depending on one's attitude to risk, a chart watcher would have been variously in and out again a couple of times but finally out in any case sometime in 2016. It's possible that some would have been out years earlier, never to have returned!

Arb.

there were warnings on these TLF boards namely dod101 re low margin contractors .

i took heed and got out at a profit .

jackdaww wrote:there were warnings on these TLF boards namely dod101 re low margin contractors .

i took heed and got out at a profit .

As a matter of interest, when was that?

Arborbridge wrote:

jackdaww wrote:there were warnings on these TLF boards namely dod101 re low margin contractors .

i took heed and got out at a profit .

As a matter of interest, when was that?

=============================

sorry , i deleted my carillion records when they collapsed.

jackdaww wrote:

Arborbridge wrote:

jackdaww wrote:there were warnings on these TLF boards namely dod101 re low margin contractors .

i took heed and got out at a profit .

As a matter of interest, when was that?

=============================

sorry , i deleted my carillion records when they collapsed.

So much for learning from history

Arborbridge wrote:
I think anyone paying attention to charts would have been out of CLLN well before the collapse. Depending on one's attitude to risk, a chart watcher would have been variously in and out again a couple of times but finally out in any case sometime in 2016. It's possible that some would have been out years earlier, never to have returned!

Arb.

Yes, no doubt they would have been in and out successfully several times and made a large amount of money. That's how it usually works, or from their commentary at least.

(Alternatively they would have bought around 200 as it would have beautifully bounced off that previous low - and then lost everything in the subsequent rapid crash).

dealtn wrote:

Arborbridge wrote:
I think anyone paying attention to charts would have been out of CLLN well before the collapse. Depending on one's attitude to risk, a chart watcher would have been variously in and out again a couple of times but finally out in any case sometime in 2016. It's possible that some would have been out years earlier, never to have returned!

Arb.

Yes, no doubt they would have been in and out successfully several times and made a large amount of money. That's how it usually works, or from their commentary at least.

(Alternatively they would have bought around 200 as it would have beautifully bounced off that previous low - and then lost everything in the subsequent rapid crash).

It all depends on what time frame the individual uses - what their horizon is. However, most of us would have been setting stop losses, so there's little chance of losing "everything".

My problem with TA (when I indulged years ago) was that I only ever produced a modest performance. TA did, however, keep me safe from crashes, that was the main benefit - whereas HYP is like being on a trapeze without a safety net.

Arb.

Arborbridge wrote:

dealtn wrote:

Arborbridge wrote:
I think anyone paying attention to charts would have been out of CLLN well before the collapse. Depending on one's attitude to risk, a chart watcher would have been variously in and out again a couple of times but finally out in any case sometime in 2016. It's possible that some would have been out years earlier, never to have returned!

Arb.

Yes, no doubt they would have been in and out successfully several times and made a large amount of money. That's how it usually works, or from their commentary at least.

(Alternatively they would have bought around 200 as it would have beautifully bounced off that previous low - and then lost everything in the subsequent rapid crash).

It all depends on what time frame the individual uses - what their horizon is. However, most of us would have been setting stop losses, so there's little chance of losing "everything".

My problem with TA (when I indulged years ago) was that I only ever produced a modest performance. TA did, however, keep me safe from crashes, that was the main benefit - whereas HYP is like being on a trapeze without a safety net.

Arb.

TA saved me a lot of money when I was working in the City.

When I was made boss we let the chartists go and saved considerable salaries. We didn't notice any offsetting negatives. I will concede though that it is a small sample size and wouldn't be statistically significant to draw meaningful conclusions.

And what, pray, does TA mean? Apart from Territorial Army of course.

Dod

Dod101 wrote:And what, pray, does TA mean? Apart from Territorial Army of course.

Dod

This board is "Technical Analysis". TA for short.

Ah! Thank you. I seldom look at the title of the Board. Is charting a form of Technical Analysis then?

Dod

Dod101 wrote:Ah! Thank you. I seldom look at the title of the Board. Is charting a form of Technical Analysis then?

One can look here viewforum.php?f=5 to see what a board is about (the list for Investors' Roundtable).

The sub-header for here is Reading price charts which may give you direction in the market using established TA methodology.