The RYM chart still very OK, thank goodness
Printable View
Some how Ryman looks nicer:
Attachment 5746
Best Wishes
Paper Tiger
Change your charts..Go to Yahoo charts.Still looks great.Still above the 200 day moving average.!!! lol.
Amazing how those International Index boys can make a chart look so much better aye PT:cool:
Didn't have to recalibrate Winner ... It went wonky for a reason...using other TA indicators as confirmation would have told you the same story...SUM was broken.
Not all indicators triggered sell but that sudden fall on Tuesday 8th April was a fateful day..It was enough to do technical damage...I waited a couple of days for a recovery but it stalled and on the 10th April I sadly pushed the sell button for $3.43 and realised my +16% profit ..the end of a nice 9 month relationship....
Hoop, I know it went wonky for a reason but I was trying to bring some hope to SUM holders into the equation
Just like the NRL they change the rules while game in progress, that is if you playing the Cowboys
And SUM is not broken, just testing people's patience a bit. She'll be right
Its broken for now as it has been a couple of times during its 2.5 year life and in a bull cycle for all that time so those broken times were healthy bull market corrections....
Is this another bull market correction?...
I didn't have to pray and hope as I'm "out" with my capital gain secured and now awaiting re-entry....again
During SUMs 2.5 year listed history I have had three BUY/SELL occasions one of those occasions I mistimed and entered back 10% higher than my sell.. Even with that blunder overall I'm still ahead of SUMs +~250%% increase proving my TA strategy is better and less risky than buy and hope (hold).