This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

FDM - Freedom Oil and Gas

Jump to new
Re: MAD - Maverick Drilling & Exploration

explod said:
Further to my post yesterday before the close, we have confirmation on the candle action with healthy volume so it is a buy on my system.
Click to expand...

Pretty aggressive trade Explod.

The down trend is really strong.
The reversal volume wasnt "That" impressive.
Similar to last November.

Id put it in my watchlist not my portfolio--just yet.
 
Re: MAD - Maverick Drilling & Exploration

tech/a said:
Pretty aggressive trade Explod.

The down trend is really strong.
The reversal volume wasnt "That" impressive.
Similar to last November.

Id put it in my watchlist not my portfolio--just yet.
Click to expand...

Agree tech, it would be hard from my less frequent observations to find that many at the moment due to volatility and more short termers now prepared to take just a few cents on a trade.

No not in it, just a paper trade, once would have been in at .61 which would now be the stop and on the trend on your take could well be knocked out Monday.

My interest was fired by the difficulty noticed yesterday on this confounded word "confirmation". Prolly should mind my own business as it all depends on where each is coming from.

I am one of those faithless beasts ATM who sees the possibility that one morning soon we could wake with Wall Street down more than 20% which flows on and puts following markets into greater free fall.
 
Re: MAD - Maverick Drilling & Exploration

I am one of those faithless beasts ATM who sees the possibility that one morning soon we could wake with Wall Street down more 20% which flows on and puts following markets into greater free fall.
Click to expand...

Your in Good Company here.
Larry Williams has written around 80 pages on this actual topic with specific dates.

http://www.ireallytrade.com/forecast.html

If you want to pay for it!!--I dont.
But many stocks are displaying very similar patterns

I have found when there is a confluence in patterns BROADLY across the spectrum of stocks
then something is brewing and WILL come to a head.

This happened very clearly in 2008 when many stocks particularly in the ASX 100 showed
Wave 5 completions. (Yeh I know Elliot Voodoo)
But it was spot.

Equity trading is just masochistic right now in my view.
The futures guys if on the right side and able to ride it will be very very happy chaps.
Im ready as it wont come along many times in a life time.
Even 5-10 contracts could be very very lucrative!
 
Re: MAD - Maverick Drilling & Exploration

explod said:
we have confirmation on the candle action with healthy volume so it is a buy on my system.
Click to expand...

Here perfectly illustrates the usefulness of the word Confirmation.


 
Re: MAD - Maverick Drilling & Exploration


Looks stunning in hindsight though Explod!
 

Attachments

  • MAD jan.png
    29.2 KB · Views: 10
Re: MAD - Maverick Drilling & Exploration

WOW good day for MAD and I'm not bottom of the barrel in the stock picking comp either 36th.
Perhaps it can make a 100% profit like my TZN last month and put me back on top!! I dont suppose that wouldn't be asking for too much in the few remaining days in the month would it
See what Monday brings before i spew it up lol
 
Re: MAD - Maverick Drilling & Exploration


I can say with absolute certainty that MAD will be flat Monday.
Price will neither rise nor fall.
 
Re: MAD - Maverick Drilling & Exploration

tech/a said:
I can say with absolute certainty that MAD will be flat Monday.
Price will neither rise nor fall.
Click to expand...
+1. I'll agree with you just this once tech.
 
Re: MAD - Maverick Drilling & Exploration

tech/a said:
Pretty aggressive trade Explod.

The down trend is really strong.
The reversal volume wasnt "That" impressive.
Similar to last November.

Id put it in my watchlist not my portfolio--just yet.
Click to expand...

Take a punt on it Tech and put a stop loss in place like you did with RED only hopefully this time you'll have a better result.
Good to see you haven't left the forum
 
Re: MAD - Maverick Drilling & Exploration

jancha said:
Take a punt on it Tech and put a stop loss in place like you did with RED only hopefully this time you'll have a better result.
Good to see you haven't left the forum
Click to expand...

Tell you what I'll do----here's my punt.
I'll bet you $500 it doesn't move--- it opens and closes at today's close.
If I lose I'll send $500 to Joe.
If I win you do!

Wanna play?
 
Re: MAD - Maverick Drilling & Exploration

Don't they celebrate :aus: day anymore?
 
Re: MAD - Maverick Drilling & Exploration

tech/a said:
Tell you what I'll do----here's my punt.
I'll bet you $500 it doesn't move--- it opens and closes at today's close.
If I lose I'll send $500 to Joe.
If I win you do!

Wanna play?
Click to expand...

haha unless there is a trading halt there would be some massive odds against that bet. I'm almost tempted to take it myself
 
Re: MAD - Maverick Drilling & Exploration

tech/a said:
Tell you what I'll do----here's my punt.
I'll bet you $500 it doesn't move--- it opens and closes at today's close.
If I lose I'll send $500 to Joe.
If I win you do!

Wanna play?
Click to expand...

Priceless
No i dont wanna play cause i think your right.
After the arm wrestle tho which way will it head?
 
Re: MAD - Maverick Drilling & Exploration

tech/a said:
Tell you what I'll do----here's my punt.
I'll bet you $500 it doesn't move--- it opens and closes at today's close.
If I lose I'll send $500 to Joe.
If I win you do!

Wanna play?
Click to expand...

That could get you in some strife...How can it open if the exchange is closed? You would have lost the bet...
 
Re: MAD - Maverick Drilling & Exploration

CanOz said:
That could get you in some strife...How can it open if the exchange is closed? You would have lost the bet...
Click to expand...

Bloody law students.
Always someone who spoils my fun!
 
Re: MAD - Maverick Drilling & Exploration

prawn_86 said:
haha unless there is a trading halt there would be some massive odds against that bet. I'm almost tempted to take it myself
Click to expand...
Joe would like it.....Open your calendar
 
Re: MAD - Maverick Drilling & Exploration

tech/a said:
Tell you what I'll do----here's my punt.
I'll bet you $500 it doesn't move--- it opens and closes at today's close.
If I lose I'll send $500 to Joe.
If I win you do!

Wanna play?
Click to expand...

Yeah you would have lost as it doesnt open on a holiday. Good one even more silly than me forgetting it was a holiday.
Bit like have shares in a company that doesn't exist.
 
Re: MAD - Maverick Drilling & Exploration

Thanks for the heads up GG I did my own dig and have so far picked up a 20% gain over 2 days.
Good increase in volume to follow, however I expect some weakness to enter the market generally and this may halt things short term...
 
Re: MAD - Maverick Drilling & Exploration

tech/a said:
Tell you what I'll do----here's my punt.
I'll bet you $500 it doesn't move--- it opens and closes at today's close.
If I lose I'll send $500 to Joe.
If I win you do!

Wanna play?
Click to expand...

Love your work tech/a, classic

jancha said:
Priceless
No i dont wanna play cause i think your right.
After the arm wrestle tho which way will it head?
Click to expand...
 
You must log in or register to reply here.

Similar threads

T
KOG - Kilgore Oil and Gas
Replies
14
Views
9K
snorer
S
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...