Member Info for HeadForTheHills

Indian stock exchange up c14% with various Indian related stocks rallying after the election result last night in India. Even VED is up while the other miners are down.

Because then it would be too easy and you would be a millionaire by now ;p Might start unwinding some of my longs if this down leg continues further. For the more morbid Friday Feb 13th was the start of the previous down leg, it's another 13th today

ME http://www.idexonline.com/Diamond_Index_Drivers.asp Seem to offer diamond prices something i picked up elsewhere, not sure if this has made it's way into your portfolio. Moosh - apologies this was one i was suppose to bring to your attention re charting technicals, the Chikou crossing on both hourly and daily last week. I've been sidetracked, as karma has it i didn't pick up anywhere near enough the amount i was intending to, but saying this after the fact is rather pointless!

Is that in relation to the latest RNS... not exactly pretty reading.

Bank accounts that is. It seems the UK is slowly moving to the model running elsewhere in the world where they pay for their banking services, even if it's seldom used. Apparently HSBC will begin phasing out free accounts and initiate a monthly charge for a current account holders. This isn't confirmed but relayed by a few colleagues with HSBC accounts, need to confirm for myself but this is a worrisome trend if true and takes off. As for RBS KIS put ti very well, at these levels for both RBS and LLOY if you cut out the usual chatter and looking forward 1-2 years minimum i suspect things will look a little prettier. Preference would be for one of the stronger banks (HSBC/BARC/STAN unfortunately only HSBC remains at decent entry levels, the other two have recouped much of there losses in terms of share price value.

That's more or less the situation with LLOY at present, the RI is like a pair of ankle cuffs keeping things from moving quickly. Yes there is the issue of increased mortgage exposure via HBOS but with the recent better figures coming from housing the return the reflection in the share price should have been better. I do suspect though, especially in the states, that the figures have been "fiddled" somewhat. No coincidence the Mark to Market law was changed and various banks reporting profits for Q1. Technically both RBS and LLOY have a lot of heardroom to move up over the coming weeks but it's that old addage where a piece of news (from over the pond) will stop the rally in it's tracks.

Noticed that the last few days IG have this on phone dealing only, Usually taken as a sign of either difficulty in sourcing shares or they are expecting news. Still here with a long contract on IG after the shares had bottomed somewhat last month, if it follows a few of the other small cap oilers then. Still needs news out for this but will move stop loss to above break even at some point.

Check out the SP performance during the bird flu scare in 2003 for a possibly correlation. This still is not a pandemic and fatality cases are still limited to Mexico.

The share placement happened on the 22nd, the last 3 days have been a minor correction there to some sort of parity. I had this pegged at 115-120 downside for the placement if this was to a RI, 70 odd million at 100 in addition to the 65 million at 140 at time of announcement (not done with a calculator or accurate figures). There has been no sell off as of yet which is positive (touch wood)

6 small trades (PIs) sends this soaring 68%? Something is definitely up.

Answer was posted yesterday i believe................ obligatory smiley face.... unfortunately i thought it would pullback before heading off.

On the ichi charts (advfn)(daily) all the buy signals are already in place, only indicator left that is the kumo which is rising and getting thicker which indicates some movement coming. The weekly chart generated a week buy and the Chikou (moosh favourite) may soon be crossing the price which would generate another week buy signal. This is slightly different to prorealtime which is providing different signals so not sure which to take. Did look a little further back and the current 34p top stretches back to Oct/Nov last year, above that there a few gaps to fill to 40p. Bahman - doing okay, i see you've moved up to scalping on the indices? Heart pounding stuff that, come out of the game there but may have been a bad choice as the range currently is choppy but there are a few defined pivot points. Ichi is still a little unclear for myself tend to take in too many indicators, half of it just for interest. If you're on IG i've started a little strategy of picking bombed out shares and putting small bets on long contracts, minimal risk generally.

Usually stick a spreadbet on for punts! Even worse digitallook L2 doesn't pick this up. Ichi charts (daily/hourly) Kumo looking to become thicker which would give good support and send this further. Weekly chart a Tenkan cross happened giving a weak buy signal.. One thing though using prorealtime and advfn the chart interpretation were a little different slightly odd. Still in consolidation phase though, the more risk adverse might want to put a limit buy order at 35p with a stop below 29/30p

I brought the same topic up months ago, exactly what are they planning to do with the cash? It's all well having the cash at hand but with nothing to do with it at present, will it be returned to the shareholders or will they embark on another drilling exercise. The later involves spending the very cash underpinning the share price. Perhaps they will go on the acquisition trail as they have not been successful with drilling. Horses what's the point of holding cash when you have no product? To move forward the cash must be spent, therefore what will happen to the cash balance. Sure in the short term share price heads to cash balance and then what? What does the company offer, but i suppose that doesn't matter as the name of the game is to make money.

ahem email here http://img.skitch.com/20090403-tp3gs2stnrhhs3di8fixyfuy7x.jpg will remove it later

More researcher book skills are a work in progress but haven't been too far off, not a patch on the accounting club on here. Or the other club... actually there seems to be a number of collaborations going on from various pats. I can rustle up a fake email if needed. ND hope your trip was nice.. and the return on your portfolio even better.

AFL A f*&ing lot? :p

I have a few turds of my own so can understand the sentiment. Just had the same thoughts as JS on occasions, anyone have a list of .01p stocks for a laugh.

Actually i've thought about the same, look for the most bombed out share possible (.05p is close enough) Stick a hundred or 2 in. If it so much as sneezes upwards it's more or less double your money, after that a little word of mouth and blatant ramping and away it goes. 10 bagger. The MM do indeed do this sort of thing, however they are paid to do it and have that kind of mentality... internet changes things though as it just gets easier.

We would need another alias, then target a few boards.