Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Thanks Osaki. We are looking into this.
Thought Id say goodby to premium in premium. Planning on cancelling. Not worth the money imo. Thanks moosh/osaki/boredmum for the chats/tips/advice/banter. Enjoyed it. May come back but cant justify it at the moment. Looking for a level 2 so money would go to that. And LSE unreliable of late and admin didnt reply to my email yet. Will stick around in premium til Monday then its buy buy sash...
On ECR, I'd calculated that if the previous calculation I mentioned did not work out, there was a good chance of them finding a bottom around 0.85 or so. Looks like this might be logical bottom though goodness knows how long for them to rise.
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Dunno what this lot do but were flagged as being of interest. Very dangerous if they drop below 20p even as an intraday movement as it opens the potential for a drop to around 10p. However, the current uptrend suggests a coming spike to around 30/31p. Not been posting much recently or trading. Finally have become an official grandfather. Daughter decided a quick birth would take 5 days in hospital...
yes ENEG was well timed! not sure now if we are retesting the breakout or hitting new lows as old support was resistence. would like back in but might see where she goes 1st and miss the absolute low! http://img692.imageshack.us/img692/8753/eneg.png
LLoy - I see an initial sell off (unless we've just had it) then quick return to 60's. It wasn't as bad as expected or at least factored in, the banking review will not effect LLoy that much as not so investment bank orientated.Thus nothing to hold LLoyds back now.....go the black horse. But i am a mere amateur compared to Lord graysland!!
By the way.......did'nt be do bloody well on ENEG. Look at it now !! This money is burning a hole in my pocket so i couldn't help myself and so i bought back into ENEG at 15p. Could there be another 30% round the corner?? LOL !
Not trying to disconcert you but i feel very cautious over LLOY as you know. I just posted this on the LLOY board and thought i'd post it on here as i know you and a few others are interested in LLOY ''' Now that LLOY is fast approching my 1st target of 57p i'm getting itchy fingers to buy. The only thing is , i cant help thinking that the next leg down on the FTSE is just days and as little as 20 points away. http://img688.imageshack.us/i/ftse2.png/ Short term bearish Ascending wedge meeting a longer term descending trendline along with very overheated STOCH indicator makes me feel that the rally is going to struggle from here and odds favourt that the next big move will be DOWN targeting 5600-5400 and inevitably affecting LLOY along the way. http://img861.imageshack.us/i/lloy2.png/ We have now broken 59.20p and although we didn't get the big sell off, if we dont get back above it soon, it could now act as a ceiling. Obviously LLOY has shown some divergence from the FTSE in recent weeks........but not in a good way. I'd be much happier if it had gone UP whilst the FTSE has gone DOWN but the opposite has happened showing just how weak LLOY is. Technical indicators are close to oversold but still room for further downside . With all of this in mind i will keep my powder dry and hope to get in closer to my 2nd target of 53p as indicated by the bottom trendline. '''' Just my thoughts though and may never happen but people laughed at my 57p prediction some weeks ago and look how close we are now. Uwinsum- Yes i'll have a look at those tips of yours and will post later today. All the best all
btw dont know if u noticed but yesterday a nice 20 mil buy order, and today so far 2 big ones, 5.9 mil and 1.5mil, either II are returning or commercial is buying in tranches lol :)
true voice of matt damon, wonderful movie, yes its on dvd a friend gave it to me. CTH btw is approaching buy in which i have revised to 110-111p, 14p scrapped as i write to a 52 week low of 136 There is a possibility 136-137 to be a bottom as well, its a bit tough to find it as i am not quite sure where the measured move starts so if i would of invested it here (someone was asking about this share while back i think it was you sirbob) i would have 3 entry buy ins 137p first , second of 122p, and final one of 111p. TNI still in the middle of nowhere but another day where buys outnumber sells, it will come good. BTW general views, i read many investors II actually are withdrawing money from the markets, china withdrew about 15 billion $ last week, trying to invest in china and increase china's growth by local consuming not internationally inspired growth. Also Japans stocks have seen 80% increase from outside japan hence i think these are some of the reasons why we have low volumes not just on lloy but generally LSE has limited interest. Not to mention the fact ISA final days sell. All in all unofortunate times to invest money in UK equity.
Yes, Matt Damon is the voice over, wanted to see this myself, unfortunately due to the general un-educatedness of society not many cinemas played it, is it out on DVD yet?
I have watched a wonderful documentary movie, HIGHLY recommended "Inside Job" its about the financial crisis, knew most of the stuff but what a wonderful description and timing of the events. And today just read this: http://www.bloomberg.com/news/2011-03-30/new-york-fed-declines-aig-s-offer-for-maiden-lane-ii-mortgage-bond-assets.html LOL mortgage bond assets ... blah seems nothing has changed the world keeps wanting to fall apart. Global revolution could start not just africa-midlle east, dont take it the wrong way but there are millions of poor people in america sleeping under bridges. With 10% unemployment its a huge problem, no job means no money, no money means no mortgage payments, no car payments and on a society that lives with no savings but on CREDIT, unemployment is as devastating as japan earthquake.
Fancy them too - whats your target buy in - Netley/.Ivaylo - dropped right back recently as has Rockhopper
good for you mate, of the ones you posed i fancy hoil, others not sure as i said i have been avoiding that sector ...but looking carefully there now, perhaps i will just watch several stocks frrom the sector for the next several months then take a bite.
true, true its news related, stress tests of the irish banks will be posted 4:30pm, it will be known then what funds irish banks will need. I believe lloy should relax after the news.
lol, read quite amusingly your last post! Trading bad for me of late, but might be due to my patience again,TNI and LLoys the keys in the main. TNI still showing no volume, i'd be surprised if we see a significant rise there this week. LLoys not so sure on, this is news rather than Ta thats bringing it down, if Irelands not too bad could have a speedy bounce up. If it is bad, then who knows. Prty i would definitely be getting into if i had funds. Still want into Range resources rrl.
btw about CAZA do u know the reason for falling off the cliff? I think 28-30p sounds a good bottom volume was good today, buys outnumbering sells and nice close.
thanks for stating the reasons, i have avoided that sector pretty much except few trades on DES (yeah right i get your smiles) which actually was not a bad deal got in the 40's and in 30's few times, but yes too volatile so i got off clean out of there but no profits all in all first touch in the g&s sector was painfull as i barely pulled myself out of it. back to shares, i think i should shut up for awhile my prediction for prty going to 185 might not happen and if tomorrow is not a red day for party clearly the way is up. Same for TNI , thought for a nice day and close above 47.5 and barely 46.75 although still a positive day though. Same for llloy i was thinking of trading that 59-61something range , but i waited for 61.5 stupid enough not to look the previous time when it went to 61.61 was allowed to go as the EMA20 was too high, now EMA20 dropped of course and yesterday it stopped right at 61.26 or right at the resistance line formed by the triple bottom, so i thought it could close below the resistance line but on an intraday spike it will hit higher than 61.5 and there i would sell, stupid enough i did not look the EMA20 was even lower than the resistance line!!!! And i dont have a stop loss on lloy so really, really disappointed of my trading for the last week-10 days. Same on SAR, i had 2 chances of selling on 2.30 after i rebought on 2.05, kept looking at the quote ... waiting and waiting ... 2 chances and it tanked under 2p today, it will come good later as spikes are notoriosly high there but really i never hesitated that much before and such stupid mistakes as missing important TA analysis, i mean i look at it and i dont see it!!! Terrible! I read an article some time ago about a guy who cant trade more than 10-15 trades a day and after that it gets emotionally harder for him, now i realize pretty much happening to me as well, just looked back my trading history and since january i have 34 trades, yes 11 trades per month does not sound that much but looking for the previous 3 months period i got 67 trades, and looking at trades lately its like doing nothing or bad trades (ved for only 2.5% up yeah i know it went 3.4% alone today) BUT i SOLD just few days ago to free some cash. Top of stupidity actually was just a week ago when checking prices live and getting quotes on TNI for buy i forgot the quotes were on sell so instead of buying 8000 i sold 8000 so had to re-buy again next minute on a higher quote and associated cost as well hrrrrr. Not to mention stupid mistakes with paperwork on my business. I think i will take a week off and leave to the scotish highlands to relax on fresh air and forget about laptops, stats and information for awhile. Good luck to you guys, i run out of steam
lloy sure does look weak now. shave 8 % off and i'm going in! add CAZA to the 'review' list pls chaps. soon enough to jump back in? 28 looks a good price.
testing 58 now . . there goes my portfolio. alot of interesting posts the past few days, i should enjoy reading them tonight for sure. thanks all
if and when u get a chance can you look at 2 that i'm in. tell me your thoughts. RKH to me just looks like its desperate to fill the gap at 239 and failing that the bottom of the channel is 210ish. PPC (one of your old un's!) looks like its pivotal to cling to 40p. a flat bottom triangle targeting 23p! or its downward wedge targeting about the same by mid april. your thoughts?
With a merger to become one, of if not the largest, on line gaming companies in the world the SP seems a very lacklustre. I suppose its a wait and see what the resultant BWIN.Prty brings to the table, a nice announcement of a hook up with one of the US casinos would be good . Patience is the name of the game.
Agree with all Uwinsum and Netley say and extra point to add, is that personally from a traders perspective, i love the volatility of the sector. Bigger profits........but of course if you get it wrong, bigger losses. Thankfully i've managed to dodge those or trade my way to a better average (HAWK being a good example and now feel i have an excellent price on that). Uwinsum - Did you notice that my 7p back test target on YELL was hit perfectly yesterday. Decided to buy back in yesterday at 7.05p as it's turning out to be a great little earner. Still early days and another go back to 7p-6.90p cant be ruled out, but if it holds then it could produce another spike. Tight stop loss might be needed below that though as if it doesn't hold then 4.50p isn't out of the question. Next few days should tell us one way or another.
all of what netley said and add to that reliable and textbook chart patterns that seem to play out well. i would add miners to the list as ive always found them to be very profitable if the pattern is textbook. add to that, that retailers are a no no for me this year and the feild narrows a touch more i guess.