I'm starting to think he enjoy's yanking my tail just to get a reaction, good example below lol.
I usually only get nervous when there's a break below the 100 day MA. Try and keep up, there's a good chap :p
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Chart TA looks flat. no break down below the 90 doesnt even look like it will get to the 90 unless there is a very big sell off globally and it will have to be a big move down.
i dont see an entry point below 97 ATM.
"recession?" in the housing market?
recessions tend to hit people under 30 the hardest and those 55 to 65 with no assets and no saving losing jobs.
Dem's over 70 with assets to sell will be selling to ex pats bringing back Pounds, Euros, USD and that means a 45% discount.
If there is a dip over the next 2 years then i hope happens but i suspect by the time we are ready to buy this again it will be well north of 1.30.
Love the market when its volatile, but have been accumulating OCA, as a long term hold as a hedge against the coming inflation and depression.Older people will still get older and look for safety and security for their declining years. If they leave it too late, tbey will end up in the hospital wing, where no one wants to be.
Look - nobody (I mean that: NOBODY) can predict where share prices will go ... and this includes you and me :sleep:;
However - if you want to have fun I challenge you to do a wee analysis how often posters wrote in various threads (maybe start with OCA, PPH, SML and ATM), that the share price will never be lower again than x (x being normally a number close to the SP at writing time) and then check how often they have been right.
I would be very surprised if you find out that the percentage of correct predictions is higher than say 5 to 10 percent, but pretty sure the number will be lower. "Never again" is for a long time but even a tiny week on the share market can often be still longer :): Ah yes - and did I mention it? Nobody can predict future share prices.
I do take your statement in this spirit ;):
I did not say NEVER. i said ATM.. at the moment. This week and next im not expecting a test of the 90 MA.
"Expecting" not used in the infinitive.
As
I Dont expect.
Not expecting means it may happen but the probability is lower than i expect.
AT is not showing a high probability from the stochastic.