UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: spiritualman1 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19  
Subject: Re: Greetings, Fool! Date: 10/20/2007 10:40 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
For China Mobile, here is a basic chart showing price movement over time. The trend is still up and TA folks say "the trend is your friend." So one could hold on until the trend reverses, but this would take careful watching of price movement daily.


Update on CHL: the current price is just barely above a daily trend line drawn from the lows of August to the low of early October (ends at about $90). The weekly trend line drawn from the lows of mid-2006 through the lows of August show the current price is above the trend (ends at about $55 - similar to the weekly view of the above chart). Here is a link detailing trend lines:


For anyone interested in studying Technical Analysis, start with Stan Weinstein's classic book, "Secrets for profiting in bull and bear markets." Mr. Weinstein's theories can also be found online. I'll look them up and link them in a future message.




I'm not advocating trading on this board, just good entries and exits for better profits. Trading involves a huge time commitment and most folks have higher purposes. I've been an investor for 25 years, but only been buying stocks for about two years. I started with Hidden Gems, but also have a very smart friend, (Emerson/Harvard divinity school grad) who has been studying/investing/trading full time for seven years. I'm been exposed to the best of fundamental and technical analysis. (My family’s portfolios (IRAs) have doubled since starting stock investing two years ago.)

Just a thought: why do Fools battle over FA/TA, but not Options ? :


TA and Options - if you know what you are doing - can boost returns.

best, sm
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.