Positions updates

[Sean K]

Peru isn't doing anything about checking people coming in from Mexico yet I think. Yukatan Peninsula is untouched at this stage. Was emailing a friend there today and it's business as usual. I think it's good to be prudent with these types of things but it's looking like a beat up to me.

 

[shag]

good on u. i guess worse could happen, like a massive rally while u're away.....
at times like this i wish i had more capital.

 

[Sean K]

Well, the odds are I walk away from about 40% gains and they all implode and go bankrupt in the short time I'm laying about on a Caribbean beach drinking Margaritas. Arrghhhh!

 

[sagitar]

Hi Kennas, yes I'm also new to trading CSG players so will see how it unfolds. No, no soy un Peruano although still retain my nationality there...might visit relatives there again one day I trust you've visited Cusco - incredible place and still one of the things on my life's "bucket list".

Careful going to ol' Mexico - if Montazuma's revenge doesn't get ya, Swine might. Take care.

 

[shag]

sorry to blog yr blog, but have u noticed bmn has some life again. i was concerned that ext, dyl and the rest might push it to the sidelines.
i know what resource, even given the current mk values, that i'd prefere to mine first.
csg in the longer term must be a real earner, to me its a better form of hydrocarbon energy than petroleum.
i'm new to it too, but it seems u dont need to do so much to your resource to keep it flowing, like oil wells, not to mention oil shales.
i ignored it for so long as i couldnt get my head around how much gas it produced and relatively easily.

 

[Sean K]

Yeah, BMN bounced off support really well. Was watching.

No idea about oil and gas and CSM. I should stay away from it really. Seems so hit and miss.

 

[sagitar]

Hi, yes I would have to agree as well, BMN appears to be forming a sym. triangle, may test support at ~1.05c in the short term before possibly attempting to break LT resistance at 1.15c. If so, then she'll be off...

btw, regarding csg's, nice summary by YT on the MEL thread.

 

[Iron Man]

Sagitar BMN is not a sym triangle? its a long flag at best a channel. This channel has broken and price going sideways.The main point is that it bounced offthe 50% retract.
I have the stock and looking at not sure why I bought it . Also look at volume its falling. IMO. Cheers check out my blog!!

 

[nomore4s]

Kennas, I've been meaning to ask why you call YT LN?

 

[Sean K]

Because he's a Little Noob.



He put up a chart once and said he was a little noob at TA. So, he's stuck with it now.

 

[Sean K]

SRL I love you.

he he

 

[nomore4s]

SRL I love you.

he he

lol, me too.:1luvu:

 

[Sean K]

Bought some MEL and ICN this week. The CSM sector is pretty hot, MEL looks undervalued and they both look good chartwise to me.

Tempted to take some off the table (broken record) but I'm being greedy. And I know what happens when you start being greedy.

 

[shag]

u've done well on the csg. i wish i had cash for icn.
stress tests next week should be interesting...maybe what the market needs out of the way to make a move.
i find it odd bhp hasnt done much, rio? surely the chinese deal looks worse as things march on. will bhp move the market above its ceiling.
lots of people trying to talk the market down.
nasdaq 8 week running streak.
talk of less than a 40pc decrease in io prices, surely positive. bhp, rio vs vale re market share, plus pushing small operators to the wall. plus move to spot markets longterm.
seems diverging news re pdn and its reasons for new u expansion.

 

[Sean K]

I'm still learning CSM, so not sure on those. I looked closely ar ECU and decided on ICN. ECU then went up 70% in 3 days or something. lol

BHP is boring me, but I do want to buy a solid base of 'blue chips' that will steadily gain and that I can borrow off. Waiting for the banks to correct so I can buy some WBC and CBA again. Might be after the stress test!

I'm disappointed the focus on PDN last week was about it making acquisitions. I'd prefer someone like BHP or Areva saying they want to make some U acquisitions in Africa. And damn disappointed in the QLD Gov not allowing mining. Quite rediculous really. It's for clean energy, not bombs!!

 

[Sean K]

SRL, marry me!!

 

[nomore4s]

lol, too late, I've already proposed. Although I'm also in love with MND it just keeps going up.

What happened to your "Gav" avatar? Got sick of beating the women off? lol

 

[Sean K]

Wondering when to take profits on some of these stocks that have run hard. I'll just be greedy and hold until they fall over probably.

What happened to your "Gav" avatar? Got sick of beating the women off? lol

Didn't want to look like a wanker for too long.

 

[nomore4s]

I'm just setting a stop at a certain level on some of them and moving them up as they run and then letting the market do it's thing. Was going to exit WES but it has smashed through resistance @ $23 today so I've just put my stop just under where I was going to exit and will now see what happens.

Didn't want to look like a wanker for too long.

Was pretty funny though.

 

[Helmie10]

Gees, first time I've checked your blog but after the results from these 3 i might have to subscribe.