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I have a vested interest but will mention this anyway.
I hace had 3 people who I know ask me if I know anything about QFI in the last week.
One of them knows some of those involved.
All of them are very excited about the prospects for the next 3 months and the coming year.
No hard facts, only the the mutterings you can all find on line to go on, but it is odd that this happened in the last week when no one has spoken to me about the company at all other than in this topic until then.
I hace had 3 people who I know ask me if I know anything about QFI in the last week.
One of them knows some of those involved.
All of them are very excited about the prospects for the next 3 months and the coming year.
No hard facts, only the the mutterings you can all find on line to go on, but it is odd that this happened in the last week when no one has spoken to me about the company at all other than in this topic until then.
marky1 said:
I'm out, it was a spread between the two markets so I exited both at same time.
Cool, was going to say from my experience usually the two roughly correlate in the same direction but haven't looked into it with enough detail to see if theres a pattern thats tradable like you mentioned. Having a short on the S&P 500 might not be the worst idea right now, Im looking for confirmation before I get short though, it's in a place where could bounce or fall much lower imo.
twinturboz said:
Cool, was going to say from my experience usually the two roughly correlate in the same direction but haven't looked into it with enough detail to see if theres a pattern thats tradable like you mentioned.
Having a short on the S&P 500 might not be the worst idea right now, Im looking for confirmation before I get short though, it's in a place where could bounce or fall much lower imo.
You can get quite significant divergence at times. If it's short term divergence, retraces are interesting. The way I chart it(on futures contracts) using equalised tick values it moved from -550 to -1000 over 20 trading days. The average yearly range charting the same way is probably circ 1000 ticks. These things are a punt as you know but obviously there are ways to vastly improve the odds in your favour, especially if you can be patient on the entry.Having a short on the S&P 500 might not be the worst idea right now, Im looking for confirmation before I get short though, it's in a place where could bounce or fall much lower imo.
I think today the brokers have realised its nearly month end and quarter end and year end and we will see a boom climb this week, it was possibly a artificial drop created to make some extra value? I am convinced its all rigged as patterns normally show - cynical? yes 100% but I would appreciate a climb for the next few days.
DSLiverpool said:
I think today the brokers have realised its nearly month end and quarter end and year end and we will see a boom climb this week, it was possibly a artificial drop created to make some extra value? I am convinced its all rigged as patterns normally show - cynical? yes 100% but I would appreciate a climb for the next few days.
So they would sell positions, either at a profit or loss, only to buy those positions back and then have to sell them again to square up before year end? Even if they didnt close them, they've still exited then re-entered their positions to create an appearance of extra value? That makes no sense, you'll lose on the bid/offer spread and also on the brokerage fees.
)K12beano said:
hey're getting to be more volatile than AIM shares! 
Last time they took a dive I managed to catch some and made £100 on the bounce back. I might not try that trick too many times.....sooner or later it won't work!!!!
I bought in when they crashed a last time and made a very quick 16% or so. Last time they took a dive I managed to catch some and made £100 on the bounce back. I might not try that trick too many times.....sooner or later it won't work!!!!
I've been toying with the idea of trading RSA and RMG on the rises and falls. Risky though.
DSLiverpool said:
I think today the brokers have realised its nearly month end and quarter end and year end and we will see a boom climb this week, it was possibly a artificial drop created to make some extra value? I am convinced its all rigged as patterns normally show - cynical? yes 100% but I would appreciate a climb for the next few days.
If were just talking pure theories then I'll take the opposite view, the rise from the Jan/Feb lows was engineered to get the smart money out of the market, and if anything the market is being help up till the end of the quarter. But opinions don't count for anything in the markets, so we will just have to see. Not really following what's going on with the Uk market but on the US side the indicies are not following the individual stocks that were leading the market previously. When the leading stocks start to buckle while the rest of the market continues marching up its usually a warning sign that the latter stages of the rally are close.
Shnozz said:
Have you got a link? Google throws up the last IC article on 4th Feb so I assume you are talking more recent.
This one?https://www.investorschronicle.co.uk/2014/03/27/sh...
CRB14 said:
I feel tomorrow will be even better. A few of my shares had a 3pm rally. I'm looking forward to tomorrow morning now.
Me too now. The last week or so was a bit confusing! Out of interest what's your average price paid? Unfortunately I was late to the party and its. 37.7 so still a way to go for me. Gassing Station | Finance | Top of Page | What's New | My Stuff