| Author |
Message |
   jax
Member
Username: jax Post Number: 1583 Registered: 07-2007Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 06:47 am: |
|
looks bad again looks like more mqg for me today .i thought47 was cheap well looks like its going to 37 .
|
   moonfleet101
Member
Username: moonfleet101 Post Number: 535 Registered: 07-2007
Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 07:11 am: |
|
Merciless selling this Jax. People aren't going to take much more before they all start ditching, however much they lose. It's becoming too many down days all at once now and very near to a mass exodus!
Subscribe to our FREE trading newsletter
The weekly Trading Diary offers
free multiple time frame analysis of
major market indices, identifying key
support and resistance levels and
suitable trading strategies.
|
|
|
|
|
   moonfleet101
Member
Username: moonfleet101 Post Number: 536 Registered: 07-2007
Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 08:31 am: |
|
This is getting ready to hit the shite Jax. Even I got caught in the Dow at the end of that one. Got longs all over the place now. One more sell of like this and I'm going to join Sunny in the retreat. lolol
|
   riskpirate
Member
Username: riskpirate Post Number: 676 Registered: 07-2007Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 09:05 am: |
|
could be worse, i think this will be the danger month.
|
   jax
Member
Username: jax Post Number: 1584 Registered: 07-2007Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 09:31 am: |
|
the only way it will get worse mate is when i buy more mqg lol hang on ill bend over for you .
|
   ecchigaijin
Member
Username: ecchigaijin Post Number: 745 Registered: 07-2007Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 10:45 am: |
|
Chris, as we get closer to June I would be more cautious with playing FDLOA. September expiry so any delays could leave you holding an empty bag. But these sub 4 cent prices do look good as "my gut" is expecting some good news between now and June. The Directors can't afford the price to stagnate around 10 cents as any uncertainty would result in their 10 cent share issue falling flat on it's face.
|
   chingas
Member
Username: chingas Post Number: 661 Registered: 06-2007
Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 10:52 am: |
|
FDL looking very bad now ecchi, I reckon it will go back under 10c, looks like good support there at 10c but watch the dump , i reckon it will come.
|
   ecchigaijin
Member
Username: ecchigaijin Post Number: 746 Registered: 07-2007Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 11:02 am: |
|
I am just holding Chris, if I free up some cash I will buy more on a lower price but I will most likely just wait until after June with what I have.
|
   chingas
Member
Username: chingas Post Number: 662 Registered: 06-2007
Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 11:07 am: |
|
Whats you average price now ecchi? Its a safe play i think to hold, hard to sell now, but if you see the 10c about to go, it might be a good play to ditch your holdings and buy back, as i'm sure you've seen, no depth at all below 10c so it will be a decent fall if it goes i reckon
|
   chingas
Member
Username: chingas Post Number: 663 Registered: 06-2007
Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 11:08 am: |
|
Probably a very good point re FDLOA too mate
|
   ecchigaijin
Member
Username: ecchigaijin Post Number: 747 Registered: 07-2007Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 11:11 am: |
|
I am averaging just under 7c for FDL and I got on FDLOA too late averaging just over 8c.
|
   chingas
Member
Username: chingas Post Number: 664 Registered: 06-2007
Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 11:21 am: |
|
damn, nice work, i'm hoping to get a sub 8c price on fdl, had so many opportunities but procrastination got the better of me. If i were you, i'd just be sitting too
|
   ecchigaijin
Member
Username: ecchigaijin Post Number: 748 Registered: 07-2007Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 11:28 am: |
|
I'd like to play with my FDLOA but too far below my average. The selling seems to have eased so I will keep an eye on that 10 cent support. If it looks like wavering then I may do some selling myself.
|
   chingas
Member
Username: chingas Post Number: 665 Registered: 06-2007
Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 11:33 am: |
|
Can you see the orders in that 10c line up, i only have standard etrade so can't see them. If there are a lot of very big orders a long way from the action then there is a good chance they are fake, so keep an eye on them, if they get pulled, watch out!!!
|
   ecchigaijin
Member
Username: ecchigaijin Post Number: 749 Registered: 07-2007Rating: N/A Votes: 0
|
| | Friday, March 07, 2008 - 11:39 am: |
| |