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PSA - Petsec Energy

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6 November 2005
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:)

Hi folks,

PSA ..... since the last update, we have seen a
negative cycle come in on time, albeit only a
pullback for one day, on 13122005 ..... :)

However on 29122005, PSA will likely see the
next negative cycle slot into place.

Meanwhile, TIME and PRICE are almost square
in PSA, as it approaches $2.oo ..... today,
it closed on 196.5 = 14 natural square.

Over the next few days, resistance will likely
build around 196 - 2.01, as price and time
come together on 22-23122005 = summer solstice.

Sure, it can go above 2.01 ..... and another
breakout would have price and time targets,
at 2.24 on 09022006 and 2.49 on 31032006 .....

..... but first, it needs to overcome resistance
at 2.01 and another negative cycle, on 29122005.

-----

Here's the geometry behind our astroanalysis
for PSA:

03052005 low = 83 cents

23122005 high = 201 cents ???

0305-23122005 = 235 days

Range 117.5 = 1/2 point per day

If the solstice is confirmed as a PSA high,
then the 50% retracement target, at 1.41
should come in on, 20042006.

See chart at:

PSA chart ..... updated 19122005 .....

Other support may be seen at about:

182 - 170 - 159 - 141

Of course, this is just one techie's view and
PSA will do what it must do ..... :)

=====

Time cycles ahead for PSA:


29122005 ..... significant and negative .....


Looking into 2006, January is mostly positive for PSA:

12012006 ..... minor and positive

17-18012006 ..... positive news ... finance-related.

30-31012006 ..... minor and positive


03-06022006 ..... minor news


10022005 ..... minor

21-22022006 ..... 2 cycles here ... significant financial news???


10-13032006 ..... 2 cycles here ... spotlight on PSA

29-31032006 ..... 2 cycles here ... significant and negative.

-----

happy trading

yogi

:)

=====
 
Re: PSA alert ..... astrostuff .....

:)

Hi folks,

PSA ..... as per post above, we will be alert over the next
couple of days for some positive news, as two time cycles
come in together ...

..... finance-related ..... ???

happy days

yogi

:)

=====
 
:)

Hi folks,

PSA ..... expecting some significant news
from the company this week:

10042006 ..... significant news here?

12042006 ..... minor cycle

26042006 ..... significant (financial?) news?

01052006 ..... minor news

12052006 ..... minor and positive

19-22052006 ..... 2 positive cycles here - finances?

30052006 ..... significant and negative news???

13062006 ..... negative spotlight on PSA

16-19062006 ..... 2 significant and positive cycles ... :)

happy days

yogi

:)
 
What an awesome day for this stock. Rose 8.7% so far after an announcement which wasn't even that major.
Keep it going. :D

I hold PSA.
 
:)

Hi folks,

..... it IS major, if you are punting on the fact,
that the TENS of MILLIONS of barrels of oil
are really in-situ on this lease.

Operator ROC is usually very moderate in their
reporting ..... so, this field has some great
potential (and now blue sky in the share price).

Aussie oilers in this well, include PSA 25%,
ROC 40%, HZN 30%, and FAR 5% ..... :)
happy days

yogi

:)
 
PSA - Petsec

Very first share I ever purchased 1993! Purchased just under $1.00 and held on for the ride over the next few years reached around $7.40 before the combination of low oil prices - $10 p/bl! and the decision to try their hand at a couple of deep water wells which came up dry led them to go bust (chapter 11) in the US. Still managed to make a good profit as sold on the way down $5.20 to $4. Got back into them soon after when under .10. The Petsec mkII ride has been very sweet. Any fans of PSA out there?
 
For those interested an Ord Minnet report released last week (see www.petsec.com )and a Petsec presentation today - see announcements.
A couple of highlights .... $3.46 valuation by ord minnet (currently 2.56) A forecast EPS for 07,08 and 09 of 45c, 40.5c and 54.8. Petsec believe they may increase existing reserves over the course of the '06 year by over 80%.
My opinion is that their is a fair bit of additional upside in PSA especially if US gas prices return to high levels.

Cheers
T
 
Anyone have views on or experience with the stock Petsec Energy?

Small cap oil & gas stock with not a whole lot written about the company.

Doesn't seem to be on many brokers radars as far as I can see....
 
eMark said:
Anyone have views on or experience with the stock Petsec Energy?

Small cap oil & gas stock with not a whole lot written about the company.

Doesn't seem to be on many brokers radars as far as I can see....

Attention Yogi-in-Oz

Do you have a current opinion on this stock?
 
eMark said:
Anyone have views on or experience with the stock Petsec Energy?

Small cap oil & gas stock with not a whole lot written about the company.

Doesn't seem to be on many brokers radars as far as I can see....

Hello EMark,

A technical opinion for you:

MAYBE:
Support at $2.18
Trendline rejection at $2.45
It keeps tanking to test $2.18

....maybe.
 
eMark said:
Attention Yogi-in-Oz

Do you have a current opinion on this stock?


:)

Hi folks,

As requested, here's some astroanalysis for PSA:

02-06102006 ... rally may be short-lived

13-23102006 ... should get a strong rally here

03-06112006 ... alert for news from PSA

10112006 ... positive (finance-related???)

14112006 ... positive spotlight on PSA

24112006 ... short and aggressive rally here???

Where November was mostly positive, December 06 is
expected to be mostly negative for PSA.

01122006 ... positive news

04-08122006 ... negative cycle here and will be alert for
some news, that will mean some big changes
for PSA, in the longer term.

14122006 ... significant and negative cycle

22122006 ... significant and negative

28122006 ... minor and positive ... finances???


05012007 ... significant and negative

10-12012007 ... minor, positive news - 2 cycles here.

22012007 ... minor

29012007 ... minor

====

*** Be sure to be watching for some major news,
around 14-15 February 2007 ***

More later.

happy days

yogi

:)
 
Thanks Yogi & Snake for your feedback.

Always fascinated by your information Yogi.

Snake, let's hope PSA can break through the above mentioned 2.45 resistance (trendline rejection) this time.

eMark
 
Yogi, I asked you this once before but you mustn't have seen the post.

What the f*** are you talking about?

Do you seriously trade by looking at time interval based signals? Solar?

I am genuinely interested.
 
markrmau said:
Yogi,

What are you talking about?

Do you seriously trade by looking at time interval based signals? Solar?

I am genuinely interested.

:)

Hi Mark,

..... simply use Gann's astroanalysis to confirm our
regular TA ..... :)

Think about it ... PRICE axis is always VARIABLE, but
TIME axis is always CONSTANT and therefore easier to
analyze ..... making the connection between the BOTH
price and time may also be done, with other astrotools.

happy days

yogi

:)

=====
 
I'm getting a whiff of something brewing between PSA and HZN. Anyone heard anything?

Also Yogi, do you have a positive expectancy on your mix of gann and TA? Mind posting win/loss and avg price change for interests sake?

I wouldn't be surprised if you can make a profit this way. I think part of the key is to develop something that no one else is doing...
 
:)

Hi Mark,

Gann's astrostuff works for us ..... but really, it gets down
to whatever method works for you, as a trader ..... :)

Win/loss ratio is good ... and certainly better than 50%
or a coin toss !~!

Average price change ..... don't know, as it is not really
an important figure, when looking for profitable trades.

happy days

yogi

:)
 
eMark said:
Thanks Yogi & Snake for your feedback.

Always fascinated by your information Yogi.

Snake, let's hope PSA can break through the above mentioned 2.45 resistance (trendline rejection) this time.

eMark

Mark,

A rejection of $2.60 with previous weak upward movement. Looking back at May there is certainly less interest in the stock at the moment.
Snake :drink:
 
markrmau said:
I'm getting a whiff of something brewing between PSA and HZN. Anyone heard anything?
I haven't heard anything, any chance of a PM with the gossip?

I take it that means things are going well in the Beibu. Miningnews.net believes there'll be a preliminary reserve assessment announced late this month. Watch this space.
 
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