Member Info for downbutnotout

bounced off 50p..

tree shake? lets see if i get my target re-entry price. clue: its below 50p..

pre-market $2.73 WTF only down 1%. thought it would be down lots more. SGL 884 down nearly 4%

some signs of life. SP just touched 50.50p on the offer. change of trend today perhaps..

892 down 3%. not far from 880 i have as support. LMI SP holding up well but i suspect SBGL will open c.3% lower.

SBGL close $2.76 - 0.15 5.15% looks to be a strong trend reversal. better to wait and see where things are heading in these situations. TA said it was in overbought territory. $2.66 looks possible. or better still $2.57. i don't see a full retrace back to the years low c.$2.43. LMI only down 1% today.

SBGL i sold at $2.86 i can buy back at $2.79 but after fees that include currency charges i'd only be 0.5% better off buying back now even though SP is 4% lower. i'm seeing mid SP at �2.78 yet my broker quotes me 2.79 to buy.. also the GBP/USD exchange rate has a spread on it. difference between buy and sell is over 0.5% but under 1%. then there is currency conversion fee. 0.25% when you buy and same again when i sell. i think i'm better off trading LMI. i'm sure Rastuss has some more bad news for us. seems its not clear if the body count is 3 or 4.

$2.79-0.12 GBP/USD 1.3375 $2.43 to $2.92 is a 20% rise. 50% retrace would be $2.675 target $2.675 what you think Ta? if 2.79 breaks i have 2.74 as next support. thats quite close to target. LMI closed at 47.50 down just half penny. not sure if there were many sells today at 47p? MMs are being greedy again on the spread.. patience Rodders!

14:43:55 49.0884 839,450 O 49.0000 49.2000 Sell yes but who is buying all these big sells? theres another. over 800,000 shares.

jeez another big sell 14:42:58 49.1000 250,000 O 49.0500 49.2000 Sell SP doing well to hold 49p. maybe an order get filled here..

just gone through. 14:20:49 49.1000 200,000 O 49.0500 49.2000 Sell

feels like its at a pivotal point at the moment after a 5% bounce off this mornings low. 54-55p would get me out with some profit but not much. some resistance at just under 53p i think.

today or this week?

oil price is weak today. OPHR doing ok so far.

850 for SGL looks good for re-entry target. that would be 50% retrace. where LMI SP will be then i'm not sure.

$68.50 it is then. target for brent.

$68.50

$72

908 down 3.40%. i think this could be the start of a pull back from its near 30% rise. i'd expect LMI SP to follow. some support at 880 i think. low this year 745.

WTI just broken support at $65.50 possible $4 drop from here..