Archive through June 11, 2008

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jax

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Post Number: 1843
Registered: 07-2007

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Votes: 0


Thursday, June 05, 2008 - 01:56 pm:

just play your baby fdl it works well for you .just play the ups and downs chris until you think the run is over then just walk away from them easy.

chingas

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Post Number: 887
Registered: 06-2007

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Votes: 0


Thursday, June 05, 2008 - 03:12 pm:

just been sitting on them jax, got 320,000 fmsoa at 6.5c average so making good dough from them, would be nice to play the ups and downs but don't want to sell and then watch them run away from me and when its down its hard to load up as every 1/2c movement moves my balance by about $1500 so a load up at the wrong time will hurt badly. That said, its seems set for another run atm.

Have had a few others doing well for me too, MPO and SDL have given me some nice little runs. I'm all out of blue chips, specs are where i'm doing well so i'm gonna stick with them. bought another 12000 sdl today at 45c, puts me at 46,000 at average 34.1c, looks set to cycle between 42ish and 50ish for a littel while yet. Will be playing the ups and downs with the 12000 i bought today

chingas

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Post Number: 888
Registered: 06-2007

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Thursday, June 05, 2008 - 04:26 pm:

Did you take some bnb's this morning jax, looks like you called it well with the average down. I'm gonna have a play with these soon too, but i reckon there's more down to come yet -but hey, i'm wrong more than i'm right so don't listen to me lolol

jax

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Post Number: 1844
Registered: 07-2007

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Votes: 0


Thursday, June 05, 2008 - 04:55 pm:

yep did i what lol ,hook line and sinker i need a good week with them and its payday im all out of shorts so i need green to be seen .lol

chingas

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Post Number: 891
Registered: 06-2007

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Thursday, June 05, 2008 - 05:04 pm:

yeap well theres a good chance of a bounce off 12400 but if it fails watch out, 11750 here we come

chingas

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Post Number: 893
Registered: 06-2007

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Votes: 0


Friday, June 06, 2008 - 10:24 am:

Wow, picked the bounce on the dow almost perfectly jax, and what a bounce!!! Well done mate

jax

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Post Number: 1845
Registered: 07-2007

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Votes: 0


Friday, June 06, 2008 - 02:38 pm:

what a poor for the banks , just hope the dow now runs ,japan has run for a while now im hopeing that kicks the yanks a long a little ,oil jumped did not help thanks to that wanker trishit in the uk ,he talked oil up just when it was starting to fall.

chingas

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Post Number: 894
Registered: 06-2007

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Votes: 0


Friday, June 06, 2008 - 02:50 pm:

had another good little run today jax, bought 25000 ady @ 21c not long after open and then topped up another 25000 @ 25.5c, hoping for a good close

jax

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Post Number: 1846
Registered: 07-2007

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Votes: 0


Friday, June 06, 2008 - 04:06 pm:

good work lock in a few bucks profit say 15000 so if they fall and you buy more that will counter the downside.

aussiebuggaa

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Post Number: 660
Registered: 07-2007

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Votes: 0


Friday, June 06, 2008 - 05:23 pm:

Nice work Chris, keep up the great work. Doesn’t it feel good to be riding on the winner side? Trend is your best friend

BNB, I think I remember saying this about 6-9 months ago that it eventually hit $10. Not too far off now I guess. I will be buying at that level. Let’s all load up BNB and kick it to new highs. :-)

MQG is looking very interesting as well… Above $62-64 projection and it’s the infamous Dragon pattern. ..Otherwise, this thing is still a down trending sucker.

chingas

Member

Post Number: 895
Registered: 06-2007

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Votes: 0


Saturday, June 07, 2008 - 01:36 pm:

ouch, 400 points down, i'm guessing you made some good coin last night aussie. And yes, it was a good call the $10 for BNB, although if these sort of falls keep coming, significantly under $10 is a possibility given where it is atm. Lets all hope the dow can recover some monday night or i'm gonna be cutting quite a few stocks tuesday i reckon. It certainly does feels good to be on the winning side of the market for a change, back to the old game plan using tight stops, just playing in the spec end of the market now.

chingas

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Post Number: 896
Registered: 06-2007

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Sunday, June 08, 2008 - 01:09 pm:

CSG sector to rival coal soon: Arrow

Sunday June 8, 2008, 11:14 am

Arrow Energy Ltd says the Queensland coal seam gas industry will in five years rival the coal sector in terms of value creation for the Australian economy.

Australia's coal seam gas sector has rapidly evolved over the past few months with the entry of major international players BG Group Plc, Malaysia's national oil company Petronas and Royal Dutch Shell.

They are all jostling to participate in separate liquefied natural gas (LNG) developments in QLD with their Australian partners - using coal seam gas as feed - for export to lucrative Asian markets.

Coal seam gas has never been used as a feedstock for LNG plant's, but Credit Suisse said in a client note that the coal seam gas-LNG proposition had "evolved from concept to almost delivered, in market confidence terms" following recent deals.

Shell, Europe's largest oil company, added to that confidence this week when the group signed a $776 million deal with Arrow to commercialise its vast coal seam gas reserves through a proposed LNG plant.

Arrow's Australian chief executive Shaun Scott said in five years the coal seam gas industry would start to rival the established coal sector in QLD.

"I think it'll be starting to rival the coal industry in terms of the amount of people that it employs and the value that it's creating for the Australian economy," he told ABC Television.

Arrow has an agreement with LNG Pty Ltd, the company that proposes to build the LNG plant, to supply 55 petajoules of gas per year from 2010 to a 1.3 million-tonne-a-year facility at Gladstone.

The $776 million staggered investment by Shell will allow the oil giant take a 30 per cent stake in Arrow's domestic coal seam gas tenements and 10 per cent interest in its international assets

ecchigaijin

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Post Number: 931
Registered: 07-2007

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Votes: 0


Tuesday, June 10, 2008 - 10:45 am:

Cash is about to be king again?

aussiebuggaa

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Post Number: 661
Registered: 07-2007

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Tuesday, June 10, 2008 - 11:28 am:

Sadly I actually lost a lot of coins on Friday Chris

. The Intraday move was too spiky and too violent for my trading style with tight stop. Went short several times and it just spiked up huge to get me out and continue tanking, sad market. LOL.

BNB, yes trend is down and possibly can go under $10, but surely will be a hard nut to crack at this level, I got my trigger ready.

jax

Member

Post Number: 1847
Registered: 07-2007

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Votes: 0


Tuesday, June 10, 2008 - 03:02 pm: