Trading the stockmarket (NO Referrals)

15% CNR bounce on news about broker change, something tells me they could have announced new coffee in the cafeteria and the price would have rocketed after the recent drops.

Still not complaining, 3.5p was starting to look pretty dire. ORE picking up a notch as well today, 5 days to crunch time on that one...
 
I saw SL tipped the other day, I didn't have any spare funds as I need to get some work done on my house otherwise I would have topped up GKP and reduced my average in SOU.
 
Simon said:
Schweet I got a load of them.

Nearly bought SL. on Monday as the yield was so good. 14% up today
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been holding Standard Life shares (assuming that's your SL.) for ages - great divi's and whilst the share price is not done anything much for last 2 years the divi's are well worth while.

Loads of green for a change today!!
 
$1794 on gold :o

Was messing about with SB at lunchtime. £100 a point, I lost £5k in 2 mins - good job it's a demo account!
 
Iraq is the worlds largest oil reserve country. That arent ranked as such because its not all been discovered, obviously you know the history of why

£100 a point, I lost £5k in 2 mins
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100x 100 or 10,000 shares . If you traded shell that would be one fifth of a million pounds so losing 5k was not so bad
100 on ftse would be like investing half a million into a ftse tracker I think



Nasty selloff again, Dollar went up. France banks spooking things, SocGen is selling gold at a discount because people wont believe they will be around to actually deliver

Market recovering in NYSE possibly thanks to Socgen confirming solvency. I dont think they are as bad as RBS but I dont know


Bought Essar as thats still depressed,
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It lost 13% after that and its already lost 50% from peak. Indian shares are crazy I guess but this is silly, not sure why so negative

Also SKR the USSR licensed phosphate miners are now delisted or suspended at least. I dont think thats the end of them, they need money and the shares fell so much the company cant get money issuing more so they a bit insolvent :mad: I always thought they were able to sell phosphate if they had to

On the plus side my CREE shares rose 20% today making a profit in the middle of a crisis :) I hope they can increase foreign earnings


FTSE futures is up 100pts from close to 5108 Its likely to fall again though Im told

GKP 87 was a good bottom, bit like CEY reset and repeated 2009 prices. Normal Target range would be 105 to 135 then 150. I dont think its greedy to expect 190 and I would close a trade there. (190-200 is my take on march april prices extrapolated)
 
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Its not really a positive. Last short sell ban Barc went to 50p

If you short sell you have to buy it back sometime, its a plus in dips

If history repeats, wait for the double bottom which is where the graph looks like a W


Bought VED big on Thur and sold on Fri and maybe buy it again this week also. FTSE is still up now, still positive but there is more Euro worry to come?
Merkel and Sarky meet on Monday, always some news


Right now I looking to buy back KAZ as they have a power station this is a positive. Miners main downside is their gains are impeded by rising energy costs.
VED and BHP also I like for this same reason. VED is 6 PE and by 2013 it'll be 3 ! :eek:

Kazakhmys operates in Kazakhstan, where it is predominantly a copper miner, though it also produces zinc, silver and gold and operates a major power station. The market for its copper is partly in Europe, but mainly in China, which is an immediate neighbour. Kazakhmys is at risk in the event of a major global slump, but its links to China, which takes almost 50% of its output, mean that it is most aligned to an economy that in the long run is only ever going to grow. That potential is clear in the huge Chinese investment in new mining assets at the group. Buy for the long-term says the Mail on Sunday.
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I thought I was bad to sell KAZ at 15 now they 10, which allows me to correct the mistake and pretend I knew it'd do that. Ditto BHP. Miners in general are disproportionate to commodity prices, unpopular
However BG group AGK and Weir I need another crash, very strong growth not so great selling


Pretty healthy balance sheet even under adverse conditions!
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Its all voodoo
 
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On average, maybe 1. Just now the price tags are silly, I dont believe commodities will get cheaper over five years. On Friday I did 3 so not a lot

Read Nakedtrader, he updated in this gloom and is a bit of a veteran 'amateur' Markets is the section to read.

KAZ reads really well in last report and they even mine their own coal, they cant lose. I feel like this should be a big buy but 'risk management' means I will probably only buy back what I sold and add a tiny bit. A better plan is to add to winners and watch losing stocks careful, I tend to oversympathise with fallen stocks which can be a disaster.
SKR is a strange case Im clueless on it, both it and KAZ are Kazakhstan of course - a country the size of europe with a population quarter of UK

. FTSE can still go down from here, its not right though :confused:
 
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