notanewmember Posted August 22, 2013 Author Report Share Posted August 22, 2013 http://www.youtube.com/watch?v=gqBGtuKrJaQ I don't know anything about Gameswork shop - but the first 2 minutes describes that from 2013 November, Games Workshop will no longer supply to retailers who don't have a shop (bricks and mortar). Internet only businesses won't be supplied. The noose around the internet is tightening I believe. Retailers are calling for a internet tax as well as the high street struggles. I believe this is a close "bottom" to internet shopping. Stuff has never been cheaper, but I think it won't get cheaper. Already Ebay sellers that are left are pretty much professionals that are high volume sellers, due to the rise in fees. In the UK Royal Mail is being privatized next year, and they have already put up prices massively for parcels. Link to comment Share on other sites More sharing options...
notanewmember Posted August 23, 2013 Author Report Share Posted August 23, 2013 Anyone interested in Jim Slater can start here; http://www.jimslater.org.uk How I Became an Investor I first became interested in investment when I was 32 and working as commercial director of AEC Limited. I was travelling extensively overseas and, during a visit to Spain, I contracted a viral illness, the after-effects of which lasted for several years. I began to worry that I might not be able to carry on with such a strenuous job. I decided that there was only one answer – I had to build some capital and an alternative source of income. - Same thinking here!-Notanewmember Great stuff - it's never too late. (I'm 33) -- His son, Mark runs a fund; MFM Slater Growth GB00B0706C66 http://www.morningst...x?id=F000000DUM Other tidbits; The question I am often asked these days is whether or not today's recession is as bad as 1974. To my mind it is much worse. http://www.investors...HM/article.html Mark Slater, who was building a reputation as one of Britain's best stock-pickers, has had a poor 2012. But Slater, son of legendary investor Jim Slater, is hoping to bounce back having made an eclectic mix of bets on shares he considers to be undervalued. http://www.thisismon...share-tips.html With Ian Watson, he founded Galahad Gold in 2002, successfully timing the commodities boom to make annualised 66% profits from gold exploration before winding the company down in 2007 and starting a new venture, Agrifirma, again with Watson and again in commodities, this time Brazilian agricultural farmland.[4] http://en.wikipedia.org/wiki/Jim_Slater_%28accountant%29 I guess he was in the gold market earlier, and was able to "call the top" early. Link to comment Share on other sites More sharing options...
drbubb Posted August 24, 2013 Report Share Posted August 24, 2013 interesting thoughts on the coming erosion of web retailers advantages are the good old days over? Link to comment Share on other sites More sharing options...
notanewmember Posted August 24, 2013 Author Report Share Posted August 24, 2013 interesting thoughts on the coming erosion of web retailers advantages are the good old days over? I think the window of opportunity is closing - it will take a few years. Certainly I don't see online shopping getting any cheaper. The government are closing loopholes such as anything bought through the Channel Islands that is under £15 (or somewhere near that) won't attract VAT - Tescos rerouted their DVDs though the channel islands to capitalise on this. I think before the price of silver went up (1oz > £15), people could buy coins with out VAT through the Channel Islands also. If I can think of more things that I can buy in bulk through the internet, then I will do. Not quite going as far as The Alpha Strategy by John Pugsley, but I will be keeping my eyes peeled for good deals. Link to comment Share on other sites More sharing options...
notanewmember Posted August 24, 2013 Author Report Share Posted August 24, 2013 Link to comment Share on other sites More sharing options...
notanewmember Posted August 24, 2013 Author Report Share Posted August 24, 2013 Link to comment Share on other sites More sharing options...
notanewmember Posted August 24, 2013 Author Report Share Posted August 24, 2013 Minecraft creator "Notch" took home $100m last year "On the other, it’s a bit strange that I can create something once and keep getting paid over and over and over for it. If you build a car, you can only sell it once. If you paint a fence, you only get paid for it once. If you create a piece of software that’s essentially free to reproduce, you can keep getting paid over and over perpetually.” http://www.forbes.co...e-confused-how/ http://en.wikipedia..../Markus_Persson Link to comment Share on other sites More sharing options...
notanewmember Posted August 25, 2013 Author Report Share Posted August 25, 2013 Speculative Junior Gold companies are making a 4-week break out. E.g. LSE:SOLG I may create a list later today - it will take a little time to go through all of Chipperfrds ADVFN gold stock list. The buy signals are not as powerful as a all time high or 2 year high, but something is afoot. Since gold formed a nice move away from $1300, the bottom, I felt the end of the down trend and non-trend time was in (see the gold thread, my post). With every round number gold crosses, it gets stronger, I see that it is about to challenge the $1400 area. If it crosses $1430, then maybe raise your stop.... Commodities behave slightly different to equities. It doesn't need to make a 2yr high or all time high, a shorter breakout window appears to work. ^p56 of Mr Weinsteins book. I will try to have a go and applying this slanting line method with today's prices. I made it my own rule never to use slanting lines. Slanting lines enable you to get into a move earlier, but there is of course higher chances of bull traps. A horizontal line would have also worked, but you are later to the move. I look at the chart and at a glance it looks like a new 1yr high was made in early 1986. Remember the gold bubble popped in 1980.... A view of gold during that time -> http://www.sharelynx...ixed/GC1970.gif Link to comment Share on other sites More sharing options...
notanewmember Posted August 25, 2013 Author Report Share Posted August 25, 2013 I didn't know that David Cameron's father was a millionaire stock broker ---> http://www.telegraph...an-Cameron.html --- The old story goes; These are all the stock brokers yachts. But where are all the customers yachts? http://www.amazon.co...t/dp/0471770892 A comment, "Customers are loosely defined as anyone willing to part with money. Good customers are ones willing to part with lots of money" An article on the book http://beginnersinvest.about.com/b/2008/04/26/257149.htm Link to comment Share on other sites More sharing options...
notanewmember Posted August 25, 2013 Author Report Share Posted August 25, 2013 Well this is the Gold Junior list traded in the UK. I had to narrow down which are the best ones, and SOLG was only one that looks like it could be a buy. It was supposed to be several rounds of cutting out stocks so I would be only left with a handful but we were only left with one. We'll look at SOLG more closely as a buy, but I think it is the odd one rather than the start of a trend for gold juniors. IF it is the start of something SOLG might be the leader of this group, and this is the one we need to watch and another leader as a sister stock. ^The volume spike interests me. RSI is in positive territory. But there is a significant chance that this is a false breakout due to the sector group action and that gold is still in a downtrend (a whisker away from $1400 as I write). And thus, gold may retest the $1300 area if new buyers don't come in to bid the price up. Link to comment Share on other sites More sharing options...
notanewmember Posted August 25, 2013 Author Report Share Posted August 25, 2013 ^1 yr high made in Jan 1986 Hmm it appears that gold will have a bit more base forming to do, so it can power up above the 30W moving average, in these modern times. For gold to make a new 1 yr high it needs to clear $1700. If we move on in 6 months time, $1700 disappears from the chart, and for a new 1 yr high to be made it only needs to $1600. So gold does need a bit more time to break out from this downtrend (maybe at least another 1year). Link to comment Share on other sites More sharing options...
notanewmember Posted August 25, 2013 Author Report Share Posted August 25, 2013 http://www.youtube.com/watch?v=l0sXzp-Az0I The break out method used on OSTK in April 2013. A New 2 yr weekly close made - I'm not sure why they close the trade so quickly after one day - perhaps they use a lot of leverage - if they held on rather than go for a $1 gain, they can be onto $10 gains after a few months. Unless of course they can find a dollar-a-day gains every day - hard to sustain I think. Link to comment Share on other sites More sharing options...
notanewmember Posted August 25, 2013 Author Report Share Posted August 25, 2013 Alessio Rastani (The guy that famously said on live BBC news "Goldman sachs rules the world") has recently in early August, has said thaf gold may visit $800 after first visiting 1400 to 1450. So far this is a correct forecast. 1400 is a crucial area. http://m.youtube.com/#/watch?v=L-JnGihKRGo Link to comment Share on other sites More sharing options...
Van Posted August 26, 2013 Report Share Posted August 26, 2013 Alessio Rastani (The guy that famously said on live BBC news "Goldman sachs rules the world") has recently in early August, has said thaf gold may visit $800 after first visiting 1400 to 1450. So far this is a correct forecast. 1400 is a crucial area. http://m.youtube.com...h?v=L-JnGihKRGo So he's basing this on Gold:CPI ratio.... does anyone else notice a flaw here? Link to comment Share on other sites More sharing options...
notanewmember Posted August 26, 2013 Author Report Share Posted August 26, 2013 I assume the CPI has always been crooked(!) And, the level of crookedness has remained constant (!!). He has so far called th rise from 1300 to 1400 correct which is why I posted it - maybe it is just luck. If he calls this right I'll take my hat off to him. Link to comment Share on other sites More sharing options...
Van Posted August 26, 2013 Report Share Posted August 26, 2013 I assume the CPI has always been crooked(!) And, the level of crookedness has remained constant (!!). He has so far called th rise from 1300 to 1400 correct which is why I posted it - maybe it is just luck. If he calls this right I'll take my hat off to him. Not constant.. the crookedness has systematically gotten more and more corrupt. The same with any official Govt statistic not just inflation. Link to comment Share on other sites More sharing options...
notanewmember Posted August 27, 2013 Author Report Share Posted August 27, 2013 Something I want to learn about is Level2 information - I don't have a live feed to L2 but it is something I need to be aware of. Link to comment Share on other sites More sharing options...
notanewmember Posted August 27, 2013 Author Report Share Posted August 27, 2013 From http://www.petrolprices.com/the-price-of-fuel.html#j-1-2 Storing this here. I'll have a go at charting this later. Link to comment Share on other sites More sharing options...
Van Posted August 27, 2013 Report Share Posted August 27, 2013 Something I want to learn about is Level2 information - I don't have a live feed to L2 but it is something I need to be aware of. "Maybe" if you are daytrading. No if you are trend-following (or anything else imo). Link to comment Share on other sites More sharing options...
notanewmember Posted August 27, 2013 Author Report Share Posted August 27, 2013 Yes, definitely not needed for trend following. Even 1 week late information is enough! Link to comment Share on other sites More sharing options...
notanewmember Posted August 28, 2013 Author Report Share Posted August 28, 2013 Worth a look if anyone wants to be the next "Del Boy" http://www.iforceauctions.co.uk http://www.wholesaleclearance.co.uk Link to comment Share on other sites More sharing options...
notanewmember Posted August 29, 2013 Author Report Share Posted August 29, 2013 From http://www.petrolpri...fuel.html#j-1-2 It is finished! The 140p per Litre area for petrol is a key level. If petrol stays much above 143p for an extended amount of time expect possibly a run for higher prices. We have been treading between 130p-140p for a little while now. What is the next move? Link to comment Share on other sites More sharing options...
notanewmember Posted August 31, 2013 Author Report Share Posted August 31, 2013 BAE systems LSE:BA. Monitor it, might break the 500p area which would be touching and perhaps breaking decade highs. This is not an ethical stock and I wont be buying it. Its rise may be linked to the Western future involvement in Syria. Link to comment Share on other sites More sharing options...
drbubb Posted August 31, 2013 Report Share Posted August 31, 2013 Here's my own chart on BAE ... update It looks like the stocks upwards momentum is fading - based on the volume If 420p is broken, I would be very concerned Link to comment Share on other sites More sharing options...
notanewmember Posted August 31, 2013 Author Report Share Posted August 31, 2013 When I get back in later, I'll check when the Gulf War and the Afgan War started, and when these type of stocks- if they did, benefit. Or if the market already priced war in before the official announcement.... What did Rothschild once say.....? ....Buy when there's blood on the street... ....Buy when the first guns of war are fired..... (I can't find the exact quote) Link to comment Share on other sites More sharing options...
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