SMY
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   roach
Member
Username: roach Post Number: 74 Registered: 11-2004Rating: N/A Votes: 0
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| | Wednesday, April 05, 2006 - 06:58 pm: | 
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SMY looking good for a 'channel' style of trade or long term 'trend' trade. GMMA looks good, RSI around the 70 mark and follows a straight edge trend line well. Getting closer to achieving producer status maybe.
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   roach
Member
Username: roach Post Number: 121 Registered: 11-2004Rating: N/A Votes: 0
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| | Sunday, June 24, 2007 - 09:08 am: | 
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Came back for review after recent article in AFR re div payments. Its up 10% for the week. Chart shows potential H&S forming. Other indicators - MACD and RSI is turning up. Suggest waiting until the price closes above 4.50 (the +ve side of the Long Term GMMA group)before taking an entry. Not holding.
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   hilarius
Member
Username: hilarius Post Number: 2406 Registered: 04-2004
Rating: N/A Votes: 0
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| | Sunday, June 24, 2007 - 10:09 am: | 
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Interesting Holding
I come in peace to share my thoughts and to shine my candle light on possible long term opportunities
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   stickman
Member
Username: stickman Post Number: 1082 Registered: 05-2004
Rating: N/A Votes: 0
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| | Sunday, June 24, 2007 - 10:31 am: | 
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HI another view ? check out the tmf divergence ? first short set up was friday 1st june .looking for a second short set up with a reject at 4.39 ? cheers
Trade to Learn, Not to Earn. when you lose,don't lose the lesson.
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   rederob
Member
Username: rederob Post Number: 2255 Registered: 10-2002Rating: N/A Votes: 0
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| | Sunday, June 24, 2007 - 12:23 pm: | 
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Weak nickel price will not help SMY in the near term. However, SMY has moved to close out its hedge book and sell nickel to spot, which will give it better leverage to present high nickel prices. Long term it has excellent potential: Very small shareholder base for a producer in the mid-tier. Short term I would be very watchful.
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