What will happen tomorrow? (1/3/07)

[The Mint Man]

Seem to have started off on the right foot this morning, up 20 points ATM.

Anyone think this may be a dead cat bounce?

 

[insider]

Seem to have started off on the right foot this morning, up 20 points ATM.

Anyone think this may be a dead cat bounce?

No... wallstreet finished higher... Australian Fundamentals are top quality

 

[Freeballinginawetsuit]

The opportunities were their to trade the swings today or trade into volume in the ARVO out of positions. Personally the current stocks in my trading portfolio bounced strongly and closed well on top of my initial recent entry's. Only sold one today SMY and picked up IRN and MRE off the depth on weakness....happy with that.

Well I am out of MRE now and picked up some PDN , still holding IRN though, keeping a close eye on BSG and ZFX for some weakness.

Still wary though.....low volumes ATM

 

[nizar]

Well I am out of MRE now and picked up some PDN , still holding IRN though, keeping a close eye on BSG and ZFX for some weakness.

Still wary though.....low volumes ATM

Nice daytrade freeball.
I picked up a few PDN this morning as well.

 

[Out Too Soon]

I think BSG as weak as it's gonna get, I got out @ 3.24 few days ago, now I'm back in.
Never seem to be able to get back in ZFX tho
chasing OXR atm- got it

 

[eMark]

Never seem to be able to get back in ZFX tho

You mean at the start of today's trade, or did you have a price in mind?

 

[hitmanlam]

I'm all cash up right now. I dunno..... In one hand, i don't wanna miss the boat and get back in. But there's something in the market that isn't quite right. I dunno what it is. Gonna go with my gut instincts. So I will wait till monday..........

 

[Out Too Soon]

You mean at the start of today's trade, or did you have a price in mind?

Hehehe! I actually got sick of chasing the sp up on ZFX, left an order in @ 16.81 & promptly forgot abt it busy chasing others, bought GBG (again) & sold JML (again), watched the ABC news & SBS American "Nightly Business Report" & whaddya know I find I'm a Zinifex holder again @ last. So Hitmanlam hope you just ate something wrong (gut instinct : ) there's got to be another correction by June at least I think but- hopefully we can squeeeeze some more out in the mean time.

 

[justjohn]

I'm all cash up right now. I dunno..... In one hand, i don't wanna miss the boat and get back in. But there's something in the market that isn't quite right. I dunno what it is. Gonna go with my gut instincts. So I will wait till monday..........

As far as I'm concerned it's early days yet, the market has only dropped about 3% over the last couple of days things are just warming up. Have been sitting on the sideline since August being a patient spectator as they say ''it wont happen overnight but it'll eventually happen'' : :beat:

 

[eMark]

As far as I'm concerned it's early days yet, the market has only dropped about 3% over the last couple of days things are just warming up. Have been sitting on the sideline since August being a patient spectator as they say ''it wont happen overnight but it'll eventually happen'' : :beat:

Since August? A lot of water has passed under the bridge since then....Are you referring to a crash I hope? Not a correction/s.

 

[eMark]

Hehehe! I actually got sick of chasing the sp up on ZFX, left an order in @ 16.81 & promptly forgot abt it busy chasing others, bought GBG (again) & sold JML (again), watched the ABC news & SBS American "Nightly Business Report" & whaddya know I find I'm a Zinifex holder again @ last. So Hitmanlam hope you just ate something wrong (gut instinct : ) there's got to be another correction by June at least I think but- hopefully we can squeeeeze some more out in the mean time.

Well the 16.80's kept tempting me, but I also kept missing them, only to get in at 17.04, and guess what, it's back to 16.80's again. Oh well, just trying position myself somehwhere coming up to ex-dividend.

 

[justjohn]

Since August? A lot of water has passed under the bridge since then....Are you referring to a crash I hope? Not a correction/s.

Didn't want to risk good returns so opted to get out about 6/7 months ago .You're right about a lot of water under the bridge could of made another 50-60k in meantime ,not looking for a crash, just a nice fat juicy correction 10% would be a nice round figure :

 

[The Mint Man]

As far as I'm concerned it's early days yet, the market has only dropped about 3% over the last couple of days things are just warming up. Have been sitting on the sideline since August being a patient spectator as they say ''it wont happen overnight but it'll eventually happen'' : :beat:

bottom pickers get dirty fingers dont cha know john?
But hey... youve done well over the last couple of years so Im guessing your not worried?
Though.... you must be a bit pissed about missing out on some of the gains that you would have had :

cheers

 

[justjohn]

bottom pickers get dirty fingers dont cha know john?
But hey... youve done well over the last couple of years so Im guessing your not worried?
Though.... you must be a bit pissed about missing out on some of the gains that you would have had :

cheers

the thing that pisses me off worse is buying scratches to people who pick penny stocks :fu:

 

[The Mint Man]

the thing that pisses me off worse is buying scratches to people who pick penny stocks :fu:

:nosympath
Good point.... maybe you should just give the money to me to buy it.....
I mean its obvious that you cant pick winers :beat: oh yeah :dance:

 

[The Mint Man]

looks like were gonna end up down today after what looked like a good start this morning people.

 

[petee]

IMHO fun and games ahead..i think we will really start to see a major correction and wouldnt be a bad thing thats for sure..

 

[justjohn]

:nosympath
Good point.... maybe you should just give the money to me to buy it.....
I mean its obvious that you cant pick winers :beat: oh yeah :dance:

:topic thats a bit harsh, are you on the JDs we'll take this up privately before people who care about this thread (which you posted) fire up anyway mint at least i can spell winners :

 

[chops_a_must]

looks like were gonna end up down today after what looked like a good start this morning people.

I think tomorrow will be the worst day. Looks as if the instos are using today to offload.

 

[The Mint Man]

come now john... no need to get teary on me : in fact I think were even now (from memory) 3 for me 3 for you.