Past performance good indicator for future performance?

marco said:
Oh Alfred. 27 corrections is a CRASH not corrections. You don't seem to understand the diffs between a correction and a market crash. Geez. I have explained this many times here and you STILL don't understand. I will only explain one more time and if you still cannot grasp it then I suggest you google it or ask your demigod DJ.

A correction is just that. A correction that often occurs when a stock rises more than normal and becomes overbought in the short term and CORRECTS to a level that is "NORMAL". Some schools of thought say a -5% is a correction and some say -10%.
If the stock tanks more than that, then it CRASHES to a value well below the actual value of the stock making it cheap. This is not considered as a CORRECTION.
Now in your mind, just try to think of the word "CORRECTION". Close your eyes and think of that word. It will slowly dawn on you that it means "CORRECTION". A good move on the stock to keep it sustainable in it's trend.

Now please forget October 2007 crash and your thinking of it as a CORRECTION.

You must also understand that stocks go up 1% and down 1% or more but they are not CORRECTIONS if down ONE day. So please stop talking B██████S.
Click to expand...


Look at the ██████ dates.






31/07/2003 -15%
30/09/2003 -10%
30/04/2004 -15%
31/05/2004 -14%
31/08/2004 -7%
31/12/2004 -8%
31/03/2005 -7%
30/04/2005 -5%
30/06/2005 -6%
30/11/2005 -6%
31/05/2006 -5%
30/06/2006 -7%
31/12/2006 -8%
31/03/2007 -5%
30/06/2007 -6%
31/12/2007 -14%
31/01/2008 -27%
31/03/2008 -7%
31/05/2008 -15%
30/06/2008 -19%
31/10/2008 -13%
31/12/2008 -8%
31/05/2009 -8%
31/05/2010 -7%
31/01/2011 -7%
28/02/2011 -5%
31/05/2012 -10%

My goodness what a specimen you are.

You are a ██████████, because sure as hell nobody can be as ██████████████ as you appear to be.
 
Last edited by a moderator:
No alf. You just don't get it. I have tried many times to explain to you the diffs between a Correction and a Crash. Now you still counting all the dips during the 2 year crash from 2007 to 2009.
During this period there was one or two larger crashes with a series of smaller ones that eventually led to the recession. So delete all those so called "Corrections" during this period.

A Penny Stock is volatile by nature purely because the spread is large and the trades are thin. A movement of 20% in one single trade can be quite normal and can't be considered a "Correction". So delete all those "Corrections" of yours while it was a Penny Stock.
Also, a 5% downturn. is not considered a "Correction". So remove these as well.

Do you understand now?
 
Trolling again, marco. The penny stock issue has been dealt with. The market "corrections" issue has been dealt with. Your lack of any, and I mean any financial, investment, trading and analytical acumen has been dealt with. Yet here you are, arguing once again.

Stop trolling, marco...
 
DJ... said:
Trolling again, marco. The penny stock issue has been dealt with. The market "corrections" issue has been dealt with. Your lack of any, and I mean any financial, investment, trading and analytical acumen has been dealt with. Yet here you are, arguing once again.

Stop trolling, marco...
Click to expand...
Why you telling me DJ. Alf STILL insists on carrying on with the "Corrections" issue. Now you say I am arguing. There is absolutely nothing wrong with a good argument and if you don't like it then don't participate.
The market "corrections" issue has been dealt with, you say. Then tell me who won that debate? Or what was the outcome of that issue?
 
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There is nothing wrong with a good argument. This isn't a good argument. This is you acting like a bloody idiot again...
 
DJ. Google "TROLLING". It fits your posts to a tee. You pass inflammatory remarks to get a response. You keep calling me an idiot but NEVER have the courage to give your view.
Are you the moderator here?
The diffs between a Crash and a Correction is NOT a good argument you say? If someone does not see the diffs then it can be a valid argument.
 
marco said:
DJ. Google "TROLLING". It fits your posts to a tee. You pass inflammatory remarks to get a response. You keep calling me an idiot but NEVER have the courage to give your view.
Are you the moderator here?
The diffs between a Crash and a Correction is NOT a good argument you say? If someone does not see the diffs then it can be a valid argument.
Click to expand...

Seeing as the mods don't understand the content of these threads so cannot see the trolling, I'll be sure to tack on a disclaimer to your future posts. Nobody should find themselves in a position where they're confusing your posts for sound advice, or assuming the content is accurate in any way. Troll away...
 
marco said:
The market "corrections" issue has been dealt with, you say. Then tell me who won that debate? Or what was the outcome of that issue?
Click to expand...

Alf won, with just the two corrections shown for 2011.Not just 1 correction in Jan 2013 as you asserted

marco said:
DJ. Google "TROLLING". It fits your posts to a tee. You pass inflammatory remarks to get a response. You keep calling me an idiot but NEVER have the courage to give your view.
Click to expand...

No, its you who makes the inflamatory and obstinate remarks as shown in the index argument thing and then here with the "only 1 correction ever" thing. You fit the definition better than DJ who is just exasperated by your lack of a financial clue. Way worse than me! But at least I know not to talk about things I don't know about.

Dj, stop feeding the troll and do as you yourself suggested.
 
marco said:
No alf. You just don't get it. I have tried many times to explain to you the diffs between a Correction and a Crash. Now you still counting all the dips during the 2 year crash from 2007 to 2009.
During this period there was one or two larger crashes with a series of smaller ones that eventually led to the recession. So delete all those so called "Corrections" during this period.

A Penny Stock is volatile by nature purely because the spread is large and the trades are thin. A movement of 20% in one single trade can be quite normal and can't be considered a "Correction". So delete all those "Corrections" of yours while it was a Penny Stock.
Also, a 5% downturn. is not considered a "Correction". So remove these as well.

Do you understand now?
Click to expand...

And once again marco look at ther dates below.
They are from 2003 to 2012.

Why can't you look at the dates marco???

Can you not see that there were many "corrections"????

I can find many more "corrections: for you marco, but I guess it doesn't help if you refuse to look.


31/07/2003 -15%
30/09/2003 -10%
30/04/2004 -15%
31/05/2004 -14%
31/08/2004 -7%
31/12/2004 -8%
31/03/2005 -7%
30/04/2005 -5%
30/06/2005 -6%
30/11/2005 -6%
31/05/2006 -5%
30/06/2006 -7%
31/12/2006 -8%
31/03/2007 -5%
30/06/2007 -6%
31/12/2007 -14%
31/01/2008 -27%
31/03/2008 -7%
31/05/2008 -15%
30/06/2008 -19%
31/10/2008 -13%
31/12/2008 -8%
31/05/2009 -8%
31/05/2010 -7%
31/01/2011 -7%
28/02/2011 -5%
31/05/2012 -10%.

Look at the dates marco
Look at the dates marco
Look at the dates marco
Look at the dates marco
Look at the dates marco
 
Alf. You have not read my posts. It does not help if you don't read my posts. Let me start at point 1.
Do you agree that a Penny Stock can move 20%+ in one trade without it being a CORRECTION?
Please answer this question AND only THIS question.
 
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marco said:
Alf. You have not read my posts. It does not help if you don't read my posts. Let me start at point 1.
Do you agree that a Penny Stock can move 20%+ in one trade without it being a CORRECTION?
Please answer this question AND only THIS question.
Click to expand...

if you look back at my previous post,I said you would not be that good as you think you are if you were managing 100 million rand portfolio.Your above point shows your lack of understanding.Yes it can if there is a bad spread and you need to get out ,but that is not classified as correction and not classified as anything really other than stay away from those type of stocks unless you have lots to loose(you will loose more than 20% in a bear market(forget correction term and rather use pullback or profit taking).
 
marco said:
Alf. You have not read my posts. It does not help if you don't read my posts. Let me start at point 1.
Do you agree that a Penny Stock can move 20%+ in one trade without it being a CORRECTION?
Please answer this question AND only THIS question.
Click to expand...

Ok then, you are in fact not trolling.
You are absolutely clueless.
 
alf101 said:
Ok then, you are in fact not trolling.
You are absolutely clueless.
Click to expand...
You have not answered my question alf. Please answer it. I will not deviate from it until you answer it. Or are you trying to impress DJ and Sunbird? Your demigods.
 
Let me start at point 1.
Do you agree that a Penny Stock can move 20%+ in one trade without it being a CORRECTION?
Please answer this question AND only THIS question please.

This is a very simple question that you refuse to answer. Now be a man and answer it please. If you don't then I am correct by default.
 
So you refuse to answer this simple question. So sad that you have to try and impress your demigods when you know that I am correct.
 
Do you agree that a Penny Stock can move 20%+ in one trade without it being a CORRECTION?
Please answer this question AND only THIS question please.

What is it that you cannot understand about this SIMPLE question? A mere YES or NO. Or is that too difficult for your mind to grasp?

You are a very weak man and cannot make your own decisions without thinking about of what your demigods will think of you. Stand up and think for yourself. Make your own decisions and stuff your demigods. Follow your own heart and stop acting like a sheep. You know in your heart that I am correct but you give me the runaround with your answers to please your demigods.

Now please give me your answer to my question.
 
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Marco answer your own questions.Penny stocks dont really count due the spread which can or cannot be in your favour .All you need to know is :While there’s no agreed-upon definition of a bear market, one generally accepted measure is a price decline of 20% or more over at least a two-month period.draw your own conclusions and use your own terms to keep you happy
 
marco said:
No alf. You just don't get it. I have tried many times to explain to you the diffs between a Correction and a Crash. Now you still counting all the dips during the 2 year crash from 2007 to 2009.
During this period there was one or two larger crashes with a series of smaller ones that eventually led to the recession. So delete all those so called "Corrections" during this period.

A Penny Stock is volatile by nature purely because the spread is large and the trades are thin. A movement of 20% in one single trade can be quite normal and can't be considered a "Correction". So delete all those "Corrections" of yours while it was a Penny Stock.
Also, a 5% downturn. is not considered a "Correction". So remove these as well.

Do you understand now?
Click to expand...

Coronation was not a penny stock in 2008 and would be classified a small cap.Now maybe a meduim cap? If it traded on altx maybe a penny stock

Please dont argue with what I have written.I dont have a problem with you questioning my knowlege but you will be wrong if you dont agree with the above.Thanks
 
marco, the biggest mistake that you are making is to use price as the only determinant of whether a stock is defined as a Penny Stock or not. While it is one factor that is looked at, it is by no means the only factor so even though CML may have been a low priced stock, due to its market capitalisation it would never have been considered a penny stock.

So in answer to the question you put to alf: Yes, a Penny Stock can move by more than 20% and that would not necessarily be considered a correction. However, that does absolutely nothing to prove your point since CML is not and has not been a Penny Stock.
 
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