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     jax
Member
Username: jax
Post Number: 1850
Registered: 07-2007Rating: N/A
Votes: 0
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| | Tuesday, June 17, 2008 - 02:04 pm: | 
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g day boys dont worry to much for me i did not avg down after the sec day i brought bnb so i did not get burnt that bad i told chris and aussie i felt there was bad news in the pipe line .i sold out bad year for me, now red first time in ten years .bring on july the first and we will start again.big big q is were is oil going thats the key.
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chingas
Member
Username: chingas
Post Number: 917
Registered: 06-2007
Rating: N/A
Votes: 0
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| | Tuesday, June 17, 2008 - 03:38 pm: |
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glad to hear that jax, had to sell my gbg's today to buy back into fmsoa, chart looks to good not to be back in even if i did have to pay more than i sold my last lot for
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aussiebuggaa
Member
Username: aussiebuggaa
Post Number: 676
Registered: 07-2007Rating: N/A
Votes: 0
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| | Tuesday, June 17, 2008 - 07:11 pm: |
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Yes, nice to hear back from you Jax. Sorry about the loss on BNB.
Oil, I think might slowly creep up until the 4th of July for the Yank driving season. Breaking the $140 level would pretty much guarantee it reaching $150 milestone I’m guessing.
Chris, are you still holding SDL or did you chopped it off completely? I was thinking hard about jumping the gun today. Initially thought it would tank down to the 35c area but look like a strong support just above that. I can feel it moving soon, question is which way LOL.. Do they have any report / announcement due soon?
- Waiting for a pull back for JBH and also eying, LEI.
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chingas
Member
Username: chingas
Post Number: 918
Registered: 06-2007
Rating: N/A
Votes: 0
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| | Wednesday, June 18, 2008 - 12:55 am: |
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yeah still holding 38000 SDL atm aussie, will probably hold unless 31.5c(i think that was the support) is breached. My average is 36.x so got plenty of room to move. I only sold a few the other day ot make some room for MEE and GBG(which turned out to be fmsoa lol)
What do you think about fms now aussie, am i right in calling for more upward movement. Maybe even call for a target of (25.5 - 19.5) + 25.5 = 31.5c???(can't post a chart with todays data yet - i've seen others post etrade charts but can't work out how to myself)
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chingas
Member
Username: chingas
Post Number: 919
Registered: 06-2007
Rating: N/A
Votes: 0
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| | Wednesday, June 18, 2008 - 11:21 am: |
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Looks like the coin landed the right way up for me when deciding whether to cut MEE or GBG lol.
What did you end up doing with BNB aussie, you get back in? I'm just sitting on the sidelines kicking my butt for watching the opportunity float by
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aussiebuggaa
Member
Username: aussiebuggaa
Post Number: 677
Registered: 07-2007Rating: N/A
Votes: 0
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| | Wednesday, June 18, 2008 - 12:22 pm: |
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Kick me as well would ya? LOL.. I’m flat on BNB as well. But its ok.. The trade is real high risk, and capital protection is more important for me than potential gains. Anyway, I still think they will test the $7.50 area, so if you still wanna take the punt, I don't think you're too late.
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chingas
Member
Username: chingas
Post Number: 920
Registered: 06-2007
Rating: N/A
Votes: 0
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| | Wednesday, June 18, 2008 - 01:09 pm: |
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Nah i'm fully loaded again after buying up big on fmsoa yesterday, bought 250,000 @ 12c, thats a big enough risk for me without taking on BNB.
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jax
Member
Username: jax
Post Number: 1851
Registered: 07-2007Rating: N/A
Votes: 0
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| | Wednesday, June 18, 2008 - 10:04 pm: |
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horse scratched last sat ,she is in friday 1.10 at canberra sand model listen in boys .
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ecchigaijin
Member
Username: ecchigaijin
Post Number: 934
Registered: 07-2007Rating: N/A
Votes: 0
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| | Thursday, June 19, 2008 - 10:25 am: |
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Chris has converted me to dark side, I am now trying to read charts and indicators more.
Two I see as looking pretty good are PNA and MQG.
As a few of you know PNA has been my favourite for a while and at arond $1 it is a pretty sweet deal, below this is a steal. JB Were has them targeting $1.40 with great coppers plays and gold as an added bonus.
Having learned a little from Jax MQG is my favourite blue chip to watch. I realise it is above Jax's buy trigger but the chart seems to be setting up nicely.
As always any input is appreciated.
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jax
Member
Username: jax
Post Number: 1852
Registered: 07-2007Rating: N/A
Votes: 0
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| | Thursday, June 19, 2008 - 01:29 pm: |
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how about this i phoned risky at 7am this morning ,changed my voice i said i was toby from the nab and that we called him in and he would have to dump the lot lololololololololol well have you ever heard a grown man groval yeieyeieyeieyiey. risky u got punked .
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eallthewayhome
Member
Username: eallthewayhome
Post Number: 469
Registered: 07-2007
Rating: N/A
Votes: 0
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| | Thursday, June 19, 2008 - 01:43 pm: |
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you a a mean f***k Jax. Funny but very mean. Risky come over for a steak and we will get pissed!!!! i bought more *** wbc and nab today, bhp is holding the market up!!!
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sway
Member
Username: sway
Post Number: 344
Registered: 12-2005
Rating: N/A
Votes: 0
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| | Thursday, June 19, 2008 - 03:07 pm: |
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Hi Yahoo guys
Any arbitrage specialists here? If you are watching ZFX - OXR can you comment on why OXR would be up 2.6% and ZFX only 1.3%? The close yesterday was near enough to the 3.1931 OXR to 1 ZFX ratio which takes hold next week. It seems to me there is an easy 1% or so to be made with no risk?
Any ideas?
Cheers
Sway
(Message edited by sway on June 19, 2008)
This is not a recommendation or advice. As they say .... DYOR.
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aussiebuggaa
Member
Username: aussiebuggaa
Post Number: 678
Registered: 07-2007Rating: N/A
Votes: 0
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| | Thursday, June 19, 2008 - 03:22 pm: |
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Sway: Not sure what do you meant by “with no risk”? Scalping from this market environment a 1% move on a land sliding stock like ZFX, I don’t think it worth the effort really.
Jax, nice move with the prank call LOL.. but yes.. very mean… hahaha.
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sway
Member
Username: sway
Post Number: 345
Registered: 12-2005
Rating: N/A
Votes: 0
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| | Thursday, June 19, 2008 - 03:39 pm: |
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aussiebugga,
True, 1% is not much. It all depends on whether you think OZ will take off after the merger. Then you could view the ZFX shares as being bought at a discount.
There must be people who still think the merger might not happen?
Cheers
Sway
This is not a recommendation or advice. As they say .... DYOR.
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riskpirate
Member
Username: riskpirate
Post Number: 787
Registered: 07-2007Rating: N/A
Votes: 0
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