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BPC & NLX

Chart Forum » Stocks - ASX: long term & fundamental » The Paddock » BPC & NLX

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msparks
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Username: msparks

Post Number: 230
Registered: 10-2004

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Tuesday, October 18, 2005 - 01:01 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Hi HC
Is it time yet or has the moment passed ?






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holycow
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Username: holycow

Post Number: 1883
Registered: 08-2004

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Tuesday, October 18, 2005 - 01:38 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



NLX Daily Oct 18


NLX Weekly Oct 18



Mark,

HC aka Chicken Licken speaks...

1) referring to daily chart - what'd you reckon you or other would do after gaining between 25-33%? Will you take profit? I think you should be able to get your answer if you should buy or not base on this question.

2) personally I have been watching this and the weekly chart speaks my mind since I missed picking the bottom (which is something I won't do anyway).







HC

"... if you've got a chart, I have an opinion!"

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holycow
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Post Number: 1884
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Tuesday, October 18, 2005 - 01:55 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



BPC Daily



Mark,

All these all just my view I guess you need to apply "caveat emptor" in all your decisions. I take no responsibility here - just to cover my A***! :-)

BPC generates a fair bit of interest on their relisting of Goodman Fielder, I think I read about some negative comments on its "bad" past. Don't know if that's good or bad. Best you do some detective work here.

Also, I would watch the XAO index as pointed out in my "deja vu" thread that the wall at 4430 seems to be posing quite a bit of resistance, it also implies the current rally is NOT that strong as people would like to assume.

To avoid being trap, one way is to wait for the index to break higher before any buying. Just a suggestion.

Cheers.


HC

"... if you've got a chart, I have an opinion!"

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msparks
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Username: msparks

Post Number: 232
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Tuesday, October 18, 2005 - 11:17 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Thanks for your comments HC
The rebound seems strong until looking at a lot of charts and also the xao.

This is a weekly of XAO and some similarities so far to the last wobble in the trend.




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holycow
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Username: holycow

Post Number: 1950
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NLX Daily



HC

"... if you've got a chart, I have an opinion!"

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holycow
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BPC Daily







HC

"... if you've got a chart, I have an opinion!"

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msparks
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Username: msparks

Post Number: 247
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Daily charts can be misleading compared to weekly equivolume charts perhaps ?
The direction seems clear on weekly shown, 30 sep candle holding all the cards.
Expect a big up this week maybe.





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