Australian (ASX) Stock Market Forum

I dont think i'll need a chart to tell me where the market will be on Monday.
Dow up 170pts Gold up $28 & Oil $1.28 as i speak.
All staying about the same I would think that RED will be up 4% or 5% on Monday so for those who bought cheaply on Thurs and Friday last week they could make a bit of a profit. imo.:rolleyes:
 
I dont think i'll need a chart to tell me where the market will be on Monday.
Dow up 170pts Gold up $28 & Oil $1.28 as i speak.
All staying about the same I would think that RED will be up 4% or 5% on Monday so for those who bought cheaply on Thurs and Friday last week they could make a bit of a profit. imo.:rolleyes:

One day (If it is a good day) wont make a trend.

But does look good from a charting point of view.
Friday showed some resilience. Monday would not be a bad trade long. anywhere above Fridays High with a stop at Fridays Low.
 
One day (If it is a good day) wont make a trend.

But does look good from a charting point of view.
Friday showed some resilience. Monday would not be a bad trade long. anywhere above Fridays High with a stop at Fridays Low.

True one day does'nt make a trend but as you say Friday did show resilience and on that basis with the Dow and Gold up last night RED should be up at least 5% at some point on Monday imo. Mind you even with that I'd be still down as i bought back in too soon with a base cost of $1.36.( missed out on picking some more up on Friday at $1.25 to average it down further). Not too concerned tho as I think RED will head back to more positive territory later when their bank balance starts to increase.
I for one will be interested in REDs next report which wont be far away.
 
Got some more on Friday at an average at a bit above 1.27. My holding has the same value now as when I first bought into RED, but now I have quite a few more. Be nice to start seeing some fruit soon for all the stress.

With the quarterly due soon, and the gold price picking up, I expect a little spike. But still can't see it going above 1.7 until Europe is looking healthier. So will prob sell a heap off again around there and watch it settle around 1.5 again. Well that's the plan.....
 
Must admit you guys are the best value investors I have ever seen always at the lows for buying up more. Never taking a loss.
Truly far beyond my capability.
 
Must admit you guys are the best value investors I have ever seen always at the lows for buying up more. Never taking a loss.
Truly far beyond my capability.
+1

Investor behaviour profile...
 

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The overall market and the price of gold may carry this up for a while from a potentially weak turning point.
There are still a few downside target areas on RED so a hit and run approach with tight stops could extract a few $$ for those with some basic ability.

A traders market, love it :D

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Hey Boggo, are you manually mapping these charts or do you have some software that does it automatically for you from data?
 
Must admit you guys are the best value investors I have ever seen always at the lows for buying up more. Never taking a loss.
Truly far beyond my capability.

Who you referring to? I'm up 30k trading in and out of RED.
Stick to your charting and forget the snipes as posts like that dont have any meaning other than stirring the pot. Maybe your stop loss should be adjusted and you might be in the black also. Sour grapes?
Happy to show my trades Quack Quack
 
I'm far from unhappy with my position in RED. To be pretty much square at this price leaves plenty of room for capital gain. I would be about 15k up if I didn't keep re-investing. But all I make I'm just throwing back in when price is low. Price is super low now. we all have our strategies. Some people just like to knock others more than others.
 
Must admit you guys are the best value investors I have ever seen always at the lows for buying up more. Never taking a loss.
Truly far beyond my capability.

Just astounding
In awe!
30k and 15k
WOW!
talk about FIGJAM!
Make Boggo look like
A rank amateur.
 
Meh, 15k for the amount I'm investing is pretty good return.

Hey boggo, how does it feel to be seen throughout this forum as someones far less intelligible sidekick?
 
Just astounding
In awe!
30k and 15k
WOW!
talk about FIGJAM!
Make Boggo look like
A rank amateur.

You're a joke Quacker... No figjam here. Just making a point of your silly comment. 30k is chicken feed perhaps but at least i'm in the black with my RED trades unlike you by the sounds of it..Stick to your charts and keep your bill clean. Your like the one legged Duck......Just keeps going round in circles. Quack Quack:D
 
Got some more on Friday at an average at a bit above 1.27. My holding has the same value now as when I first bought into RED, but now I have quite a few more. Be nice to start seeing some fruit soon for all the stress.

With the quarterly due soon, and the gold price picking up, I expect a little spike. But still can't see it going above 1.7 until Europe is looking
healthier. So will prob sell a heap off again around there and watch it settle around 1.5 again. Well that's the plan.....

When you see this posted on Saturday
It's FIGJAM.
Post it Friday with credibility.

Monday and the future will be interesting in terms of
Statements made in this thread with regard to how
Certain positions will pan out.

Happy to forward Joe $500 for bone fide proof of profit ($30k)
From your trading of RED.
If you can't then I expect you'll support ASF with the same.
I don't believe you. Simply send everything to Joe for verification.

Quack Quack Quack.
 
When you see this posted on Saturday
It's FIGJAM.
Post it Friday with credibility.

Monday and the future will be interesting in terms of
Statements made in this thread with regard to how
Certain positions will pan out.

Happy to forward Joe $500 for bone fide proof of profit ($30k)
From your trading of RED.
If you can't then I expect you'll support ASF with the same.
I don't believe you. Simply send everything to Joe for verification.

Quack Quack Quack.

I'm not Mr lister and i didn't post that so try and keep your post separate. However I did state that on Fridays close and with the dow being up (200) gold up $20+ that IMO those who bought low on thursday or friday should make a profit of 5% come Monday. Is that OK Duck?
I've traded RED over 100 times since the 5th of Oct 2010 with a profit of 30k and i dont give a toss whether you believe me or not because as you said it's chicken feed but none the less it a profit and i'll continue to trade RED in the future because of it's fundamentals.
I hope you can stick to the topic of RED now and move on to your charts.
 
I'm not Mr lister and i didn't post that so try and keep your post separate. However I did state that on Fridays close and with the dow being up (200) gold up $20+ that IMO those who bought low on thursday or friday should make a profit of 5% come Monday. Is that OK Duck?
I've traded RED over 100 times since the 5th of Oct 2010 with a profit of 30k and i dont give a toss whether you believe me or not because as you said it's chicken feed but none the less it a profit and i'll continue to trade RED in the future because of it's fundamentals.
I hope you can stick to the topic of RED now and move on to your charts.

You did however offer to show your trades.

Money and mouth come to mind.

Most of the rubbish posted on these Fundamental threads are puffery
Often made by people who guess at or are led by others.
These people have motives of their own and have no idea.

I've been following RED since October.
It's virtually done nothing.
Announcement after announcement--- there are all sorts of reasons offered for poor performance from
Large holders selling out ( once sold all would be ok--- it wasn't )
Then there was production ( that failed as well )

At least FIGJAM and QUACK QUACK have given succinct analysis with definative
Results.

Now Money and Mouth.----
 
I'm not Mr lister and i didn't post that so try and keep your post separate. However I did state that on Fridays close and with the dow being up (200) gold up $20+ that IMO those who bought low on thursday or friday should make a profit of 5% come Monday. Is that OK Duck?
I've traded RED over 100 times since the 5th of Oct 2010 with a profit of 30k and i dont give a toss whether you believe me or not because as you said it's chicken feed but none the less it a profit and i'll continue to trade RED in the future because of it's fundamentals.
I hope you can stick to the topic of RED now and move on to your charts.

Sorry, what exactly did mrlister say? I said it wouldn't go higher than 1.70 in the short term till Europe sorts itself out a bit, but I didn't say it would be there Monday or anytime this week for that matter. 5% this week is realistic.
 
You did however offer to show your trades.

Money and mouth come to mind.

Most of the rubbish posted on these Fundamental threads are puffery
Often made by people who guess at or are led by others.
These people have motives of their own and have no idea.

I've been following RED since October.
It's virtually done nothing.
Announcement after announcement--- there are all sorts of reasons offered for poor performance from
Large holders selling out ( once sold all would be ok--- it wasn't )
Then there was production ( that failed as well )

At least FIGJAM and QUACK QUACK have given succinct analysis with definative
Results.

Now Money and Mouth.----

Wow I'm not disputing where RED is atm but I still like it's fundamentals. To say it's done nothing? As trading in and out of it goes i'd have to disagree. I did the same thing with AUT until it took off keeping 30k of them (bought 100,000 @ 49c). I think i mention somewhere before that if i'm comfortable with a company like AUT ADI RED ect As a general rule i hold 1/3 and trade with the highs and lows of the other 2/3rds and if it takes off and leaves me behind i dont chase it. Atm i'm holding 30,000 of RED a base cost of $1.36 and when it goes back up to $1.50 i'll sell 2/3rds again. I'm a bit reluctant to show my trade history but if you wish to donate the money to me i'll be happy to take it. Money and Mouth?.....Sounds like you got enough of it for both of us. Quack Quack.
 
IMO those who bought low on thursday or friday should make a profit of 5% come Monday. Is that OK Duck?

Which would require them to sell at 5% higher than Fridays close, so that's as high as this bounce will take it? Will it then reverse to lower lows, then?
 
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