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     peterloh
Member
Username: peterloh
Post Number: 2235
Registered: 03-2003Rating: N/A
Votes: 0
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| | Wednesday, December 13, 2006 - 10:38 pm: | 
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hilarius,
Looks like our posts crossed.
Peter
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Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.
The views expressed here contain information derived from public available sources that has not been independently verified.No representation or warranty is made as to the accuracy, completeness or reliability of the information.Any forward looking information in this representation has been prepared on the basis of a number of assumptions which may prove to be incorrect.It should not be relied upon as a recommendation or forecast by the writer.
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captain_chaza
Member
Username: captain_chaza
Post Number: 2315
Registered: 02-2003Rating: N/A
Votes: 0
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| | Wednesday, December 13, 2006 - 10:51 pm: |
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Ahoy Dear Friar
Every chart you mentioned was First posted at the top ~30.c
Thank you very much!
I don't sail with rats and snakes onboard these days
It was a nice run for those that got in before the run and before the first chart was posted here
Freddy Hindsight is a Wonderful Sea-farer
Salute and Bon Voyage
"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.
"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893
"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897
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gohard
Member
Username: gohard
Post Number: 557
Registered: 05-2003
Rating: N/A
Votes: 0
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| | Thursday, December 14, 2006 - 03:51 am: |
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Interested in the progress of this discussion.I have placed my chart notes included to give another perspective.
Good trading G
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rederob
Member
Username: rederob
Post Number: 2126
Registered: 10-2002Rating: N/A
Votes: 0
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| | Thursday, December 14, 2006 - 07:56 am: |
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gohard
The nature of these stocks suggests to me that 20cents will be arrived at in the future, before its next rally.
And if the company proceeds to produce as anticipated, there will be a rally that pushes it above 30cents for much of 2007.
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colin_twiggs
Member
Username: colin_twiggs
Post Number: 2705
Registered: 09-2002Rating: N/A
Votes: 0
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| | Thursday, December 14, 2006 - 08:23 am: |
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Peter,
I agree that Ann has something to contribute. We did give her a second chance.... and a third.... and a fourth. Eventually we had to draw a line.
Regards,
Colin
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colin_twiggs
Member
Username: colin_twiggs
Post Number: 2706
Registered: 09-2002Rating: N/A
Votes: 0
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| | Thursday, December 14, 2006 - 08:27 am: |
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Dug and Charles,
I am repeating my warning here: This has to stop.
I have received numerous complaints over the last few weeks and yet you continue to badger each other despite my warnings.
Regards,
Colin
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dug
Member
Username: dug
Post Number: 1895
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Thursday, December 14, 2006 - 08:34 am: |
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I disagree rederob that this is going back to 20/22.The move to 30 was FA based,the Fact that their plant with it's "secret" method became operational,on Budget,All Set UP.That's what Great Dane's Link above explains and there's an Announcement stating that FAct!
INL has also bought another slag heap.There's some scientific benefit in reusing the Acid or something that'll be a Cost Saving and bring more Wacko to INL.
Now the buying of the second slag heap was financed by issuing shares to the Sellers.20 millionShares plus 20mil Options at 18cents was paid.
The day I first bought INL,that afternoon these ex-slag heap owners ditched their 20 million shares .For about a week,whole slabs of the Bid were taken out at a Go above 18 cents.One could see it,the Sale of these 20 million shares.
However,my fellow INL holders who had bought above 20 may not have realised that this $ gathering,share selling was these ex-Slagers.So when their 10%Stops got hit[2 cents off 20=18]well,those pilgrims hit the Sell too.
So we have a lot of business done in that 17.5/20 range.I'm hoping the Profit Taking is Over yesterday and we'll see say 28+ by the end of the week.
I documented Finding,Watching,Buying,Selling a Third,as well as HMC in my Dug thread in Be and Get Real,Hilarius Hall of Fame section.So cc,you could find Harry Hindsight is NOT here.
I'm going back to the Hall.
Happy Trading.
(Message edited by dug on December 14, 2006)
Dig for the sake of it.
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hilarius
Member
Username: hilarius
Post Number: 1983
Registered: 04-2004
Rating: N/A
Votes: 0
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| | Thursday, December 14, 2006 - 11:03 am: |
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Charles
The profits people have made from the 4 stocks have absolutely nothing to do with hindsight, and everything to do with favourable appraisal of BOTH fundamentals and technical analysis
Try it
Hilarius
I come in peace to share my thoughts and to shine my candle light on possible long term opportunities
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rederob
Member
Username: rederob
Post Number: 2127
Registered: 10-2002Rating: N/A
Votes: 0
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| | Thursday, December 14, 2006 - 11:09 am: |
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dug
INL share price is dropping today - a strong day on the ASX.
As I said, my experience in watching stock like these is that they fall back considerably, consolidate, and take off again. Time frame between could be many months.
One to compare against is BMX - not exact, but close price-wise.
From a fundamental perspective the long term on this looks sound, but I would be wary about the short term.
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hilarius
Member
Username: hilarius
Post Number: 1984
Registered: 04-2004
Rating: N/A
Votes: 0
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| | Thursday, December 14, 2006 - 11:10 am: |
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Also Charles
Beware the false dichotomy
It is one of the most elementary mistakes in logic
A false dichotomy wrongly assumes that one thing excludes another
FA does not exclude TA and TA does not exclude
Both together are better than either alone
Charts do not tell us everything we need to know, but allied with fundamentals they can get very close
Fundamentals are not hard ... a simple database of key fundamentals will help to separate the goodies from the baddies
Ethical management does the rest
IC members would do well to establish a database of boards of companies that have proven they are not just in it for themselves
With Best Wishes
Hilarius
I come in peace to share my thoughts and to shine my candle light on possible long term opportunities
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hershy
Member
Username: hershy
Post Number: 1765
Registered: 10-2002
Rating: N/A
Votes: 0
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| | Thursday, December 14, 2006 - 07:52 pm: |
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Every cloud.....
INL has set up the prefect swing trade with minimal risk but money management is, as always - imperative.
The SP has retraced to below the 14 day EMA but is still above the 20 day SMA. This baby is in an uptrend and the last 6 bearish candles have hurt those that bought in the last white candle. These buyers will be saying to us "Please, please take these shares off my hands". And like the astute traders that IC Forum members are, we will oblige. This is my game plan:
Go long if INL trades above today's high with a stop loss firmly set just below today's low. The risk is 4 cents.
If INL trades down we can follow it down tomorrow and try again on Monday with entry above Friday's high . Don't forget the stop loss. If it moves up - unless it does so with a gap we're set till at least the previous high is re-visited. The reward is 5 cents or more. If it goes down, well, it wasn't what I was looking for anyway ! I know some of us are looking at INL as a long term hold while other look for instant gratification. I think both groups would find such an entry quite rewarding.
But don't take my word for it. Do your own thinking.
Feel free to comment.
I don't have a plan so nothing can go wrong !!!
http://members.optusnet.com.au/~hershy/
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dug
Member
Username: dug
Post Number: 1901
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Friday, December 15, 2006 - 07:40 am: |
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"Buy above yesterday's High setting Stop below [yesterday's]Low.The risk is 4 cents"
Thurs High 26,Low24.5 so even with one tick "cushion" that's 2.5 cents risk.
Other than appalling maths,hersh,you at least show a willingness to discuss method in technical language,we should all understand.
Don't know Why,Hershey,you're spending your time digressing onto Wave Theory.Suppose it's within your numerical skills! but I hope it's not so you can get nautical,too ]
cheers,
jr
Dig for the sake of it.
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hershy
Member
Username: hershy
Post Number: 1768
Registered: 10-2002
Rating: N/A
Votes: 0
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| | Friday, December 15, 2006 - 07:58 am: |
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Nautical ? Me ?
Duggie you should know by now that I have a deep seated aversion to items maritime and Patois........
Math skills mate, are perfect.
Entry .27
S/l .23
Risk 4 cents.
But there are 3 things I hate.
Maths and accounting.
Boom Boom !!
I don't have a plan so nothing can go wrong !!!
http://members.optusnet.com.au/~hershy/
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dug
Member
Username: dug
Post Number: 1902
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Friday, December 15, 2006 - 08:21 am: |
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Ya maths skills may be "perfect",Hershy/Chocolate Bar but you aren't seeking perfection or at least a tweak up in skills.[you'll get curry down dat Kafe,mate!]
Why 2 tics/1 cent on the high and 3 tics/1.5 cents against d'Low?Is that some part of the formula for Contingency Orders?[I know Nothing 'bout Contingencies.Too Lazy for me!!]
cheers,
jr
Dig for the sake of it.
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merrymike
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