Australian (ASX) Stock Market Forum

For bottom pickers and knife catchers

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kennas said:
Michael, sell KMN at 9.5c thank you.
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now thats pure greedy
i bet the socialists would put u on the block for that, and castro would either put u in the slammer for that or use u to invest his illgotten gains.
and the thankyou is pure rubbing salt into the wound...

i'd say aio was a knifegrab two months back. i got margin loaned out on it repeatedly when i didnt bother watching and sort it.
 
BTA .right about..........................here .

bounce play only and personally would ignore me after my INL base pick :)
 
SAE bottom , its been bouncing around while other oilers have followed the xjo up. Mark Nahabedian irratic selling has ceased , so I imagine he has gone.
 

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bta again ......... tight stop

nice bounce last time posted...........

all past bounces are not indicative of any future ones :D
 
A couple of speccies that might be worth watching for breakouts.

SHE : Basing for six months with a few recent days of higher volume.

RER: Again some recent higher volume with a big spike today. RER is in the process of acquiring Magma Oil and the rights to the O'Dowd Underground Coal to Liquid process.
 
Make it a threesome (just to be topical) and add IBG to that list, which also is coming off a substantial base and may be stirring to life.
 
Market's looking toppy to me. Seems like a bad time to be grabbing knives and picking bottoms. :2twocents
 
I agree the market is poised for, or in the process of, a correction (what magnitude is anyones guess).

Sometimes speccies can be immune to these corrections, particularly when they're at lows already.

I'm out of the market apart from a few speccie trades - small positions though.

There's only so much gardening a bloke can do before the trading screens beckon.
:)
 
CPA looks like a likely bounce play. Average broker target price (from FN Arena) is 0.89.

I'm also sharpening my pencils for some Swing trades, on pullbacks in uptrending stocks for this week. Might be a new thread opportunity there if anyone is interested?
 

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bowman said:
CPA looks like a likely bounce play. Average broker target price (from FN Arena) is 0.89.

I'm also sharpening my pencils for some Swing trades, on pullbacks in uptrending stocks for this week. Might be a new thread opportunity there if anyone is interested?
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i hold .bought friday @ 69 . coulda got them cheaper .......... BOUNCE TRADE only .......... WILL stop out , no room for falling in love with it

low% loss on stop out area

dodgy knife juggler tho and got the scars to prove it
 
lol, I don't think that is average across the board, 15-20%, or less, based on indexes, is probably more right, although not sure how many trade on average based upon an overall index.
 
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