Should any of you have a few spare days over the Christmas holidays and want something to read then I can recommend both
Fooled by Randomness by N. N. Taleb
and
The (Mis)Behaviour of Markets by B. B. Mandelbrot
best wishes
Paper Tiger
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Thanks PT always something else to read eh. Randomness, yep highly likely.
Todays news looks to be rather significant, although i notice no mention regards profits
somebody seems to know something -- or maybe they have just had a fortnight to digest the news.
the depth is terrific (for rak): about 75k buyers at 117 and above and only about a handful of sellers from 122--128.
The chart is good, although still a little volatile: downtrend broken, sp up through both the 30- and 90-day moving averages.
This definitely looks like a hold, and probably a buy for the brave.
scamper holds.
ps scamper the beloved dog died and scamper the person devastated. but i now have another pound dog called mini-minor...
Yes RAK a hold for me. R.I.P. Scamper
I sold out of Rakon today , however im not sure i did the right thing , as my system was yet to give a signal. Im thinking it was ok but would thoughts of any of you crayon merchants
Reasons for selling are basically the bearish candles which show up at the risistance levels
combined with overall bearish tone of market.
Note how many times the stock has been ner the resistance levels. Having sold i will now wait for either
pull back , or a smash through the resistance before buying back in. Thoughts
Attachment 3351
good gracious!
I've just sold a chunk likewise.
but i was so uncertain that am still holding some.
some rabbits deserve to get run over...
The 2-year chart still looks crappy, and the rise from last July (when i bought the small chunk) looks to be running out of steam.
I'll be watching to see if it drops back and there is the possibility of catching another little wave.
Scamper's history with rak is too embarrassing to confess, but it still owes me heaps... Cheers.
Hmmm...you both sold on an overall down day for the market while RAk stayed steady. I would of thought that signalled reasonably strong support for RAK?
Isn't its little uptrend still intact?
Yes, the little uptrend is still there moimoi.
i sold this morning, and obviously didn't know that rak would stay steady, but probably wouldn't have made much difference...
just smelled a 'fish' in the breeze (didn't want ratkin to feel slighted), and thought those who've made 25% in the last month may grab the profit.
still holding some -- too many really...
Have bought some in the last month & will look to buy more.Improving sales & profit (I hope) and positive comments coming from the coy.Should know more next mth when they report results.