ZFX - Zinifex Limited

[Kipp]

I think thsi might turn out to be a good buying opportunity when dust settles, so fortunately for some like yourself. It happened in Feb 06 so i cant see why this wouldnt be the same. Heading into 2007/2008 would imo be the danger years for an irrecoverable crash


thx

MS

Been a horrible week on the ZFX train... but if kitco is right on prices then I think we should see some Green today. Been very hard to concentrate at work for me *ZFX was 13.50 on Friday!

Will post yogis chart from a month ago... he actually picked this one with one of his freaky charts.

 

[mlennox]

Been a horrible week on the ZFX train... but if kitco is right on prices then I think we should see some Green today. Been very hard to concentrate at work for me *ZFX was 13.50 on Friday!

Will post yogis chart from a month ago... he actually picked this one with one of his freaky charts.

from personal experience anything that runs that hard and fast will come back just as fast...

 

[Kipp]

Hi folks,

ZFX ..... expecting it to hit a brick wall,
on 18 May 2006 ..... ???

Chart for ZFX, at:

Click here for ZFX chart .....

have a great weekend

yogi

Yup,
here it is... don't understand the chart but ZFX certainly hit a wall... unless of course there is another wall to be hit tomorrow!!!

 

[michael_selway]

Yup,
here it is... don't understand the chart but ZFX certainly hit a wall... unless of course there is another wall to be hit tomorrow!!!

Yeah, btw yogi-in-oz

what does the stars say now about ZFX for the rest of the year?

thx

MS

 

[Kipp]

Yeah, btw yogi-in-oz

what does the stars say now about ZFX for the rest of the year?

thx

MS

Seems to have a bit more creedence now doesn't he MS!

 

[professor_frink]

Hi folks,

ZFX ..... expecting it to hit a brick wall,
on 18 May 2006 ..... ???

Chart for ZFX, at:

Click here for ZFX chart .....

have a great weekend

yogi

congratulations yogi. nice call

 

[Jay-684]

Sold 1000 on Friday @ 10.90

actually sold a fair share of my resources/energy stocks on friday (AIM, JMS, JML, EXT, PDN) . Not saying I think its all doom and gloom, but if this correction has a little while to go then the idea of having another >-10% week (in my case) does not excite me.

I'll wait and see what happens over the next month...

 

[zzkazu]

I agree, thats why I'm currently shorting ZFX. 10.39% in three days. But really short term trade for me..


Out probably within thw week

zzkazu

 

[michael_selway]

I agree, thats why I'm currently shorting ZFX. 10.39% in three days. But really short term trade for me..


Out probably within thw week

zzkazu

do all brokers allow short sell? just wondering, or is it a special service u need to pay in order to do?

thx

MS

 

[MalteseBull]

Apparently Zinc went up 18% over night?

I don't hold ZFX but damn this was a good buy last week and maybe still a good buy on Monday?

any suggestions?

 

[zzkazu]

MS not all do it. I use Macquarie CDF service.

BTW out now and made a respectable 85.55%, didn’t pick the bottom correctly though.

zzkazu

 

[Jay-684]

zinc up 10c to $1.696/lb

I think Zinifex and all the zinc players will have a field day on monday!

May buy back in I think

 

[MalteseBull]

In today's Hearld Sun

ZINIFEX: Peter Russell, of Intersuisse, said the share price of zinc producer Zinifex has fallen almost 30 per cent from a high of $13.54.

"Zinifex is one of the world's biggest zinc producers at a time of limited new production," he said.

"We expect rising zinc prices to flow through to a strong share price recovery for this profitable company."

 

[michael_selway]

In today's Hearld Sun

ZINIFEX: Peter Russell, of Intersuisse, said the share price of zinc producer Zinifex has fallen almost 30 per cent from a high of $13.54.

"Zinifex is one of the world's biggest zinc producers at a time of limited new production," he said.

"We expect rising zinc prices to flow through to a strong share price recovery for this profitable company."

http://www.heraldsun.news.com.au/common/story_page/0,5478,19277085%5E664,00.html

yeah should be back to 11+ tommrrow

 

[GreatPig]

Keep an eye on the next high point, as there could potentially be a head and shoulders developing here.

GP

 

[michael_selway]

Keep an eye on the next high point, as there could potentially be a head and shoulders developing here.

GP

Hi can you tell me what "head and shoulders" inplies? like is it going to higher or lower?

thx

MS

 

[GreatPig]

Head and shoulders is a strong reversal pattern, meaning it is likely to go significantly lower. The target low point is the distance from the top of the head to the neck-line down again below the neck-line.

A H&S pattern is not confirmed though until the right shoulder drops back below the neck-line. For ZFX, that could be around $9, or possibly $10 if you ignore the extreme lows of 4 & 5 days ago.

Here's an example of a small head and shoulders in FMG recently.

GP

 

[michael_selway]

Head and shoulders is a strong reversal pattern, meaning it is likely to go significantly lower. The target low point is the distance from the top of the head to the neck-line down again below the neck-line.

A H&S pattern is not confirmed though until the right shoulder drops back below the neck-line. For ZFX, that could be around $9, or possibly $10 if you ignore the extreme lows of 4 & 5 days ago.

Here's an example of a small head and shoulders in FMG recently.

GP

Hi GP thanks i see, however i think ZFX will rise today as zinc prices closed a lot higher late friday

Btw what do u call "H&S" that goes significantly higher?

thx

MS

 

[GreatPig]

what do u call "H&S" that goes significantly higher?

You can also have a head & shoulders bottom, which in that case would be upside down (ie. standing on head).

GP

 

[ctp6360]

Ahhh ZFX, my little ray of light on a rainy day!