Trading the stockmarket (NO Referrals)

[silversurfer]

Below 60p lloyds is probably worth buying, about 40p I consider pivotally for rbs though thats harder to say I think.

I just sold some lloyds and bought Ango american. Commodities world giant
China uncapping their currency means they get to buy more stuff they want, generally that'll be good for companies with unique resources and bad for countries with weak currencies trying to compete for those resources

Im still expecting some fall, my ftse target is 4500 for sometime this year I think though that should be good to buy at. Markets are getting thrown about like a rag doll until then it seems

Anyone heard of XEL. Other small caps I follow would be GKP SKR HDY CEY POG

SKR and AAL I got because I think the chart shows an uptrend despite everything appearing otherwise over the last 6 months or so

 

[Dr House]

Surely with shares you're in it for the long run and small daily fluctations aren't a big deal?

Its XTA that I am really talking about, RKH, FOGL, DES and NPE I dont really care about as I am not going to sell them anytime soon.

The money in XTA I would like to keep moving in and out but I really need to use that money to pay for building my flat so I dont want to get stuck for more then a couple of months. I am still in a small profit but not much anymore.

 

[Firestar_3x]

Everything for me except KEA is up today, happy days

 

[Yakyb]

KEA up 4% atm

what caused that drop the other day?

nvm found mixed news regarding a well
http://www.nbr.co.nz/article/mixed-results-beluga1-well-125035


http://www.keapetroleum.com/presentations/Kea-Presentation-Jun-Oil-Barrel.pdf (Page 26)

also good news potentially arriving in November so could be a good 3-6 month earner

 

[ScottehBotteh]

Drilling results poorer than expected.

 

[Yakyb]

KEA up 4% atm

what caused that drop the other day?

nvm found mixed news regarding a well
http://www.nbr.co.nz/article/mixed-results-beluga1-well-125035


http://www.keapetroleum.com/presentations/Kea-Presentation-Jun-Oil-Barrel.pdf (Page 26)

also good news potentially arriving in November so could be a good 3-6 month earner

christ has dropped 25% overnight, just glad im not in for real yet

 

[Over Clocker]

OUCH OUCH OUCH OUCH

KEA down 22%
NTOG down 10%
MTA down 7%

NOOOOOO

 

[rz30]

That's BP down to 311p .

 

[Firestar_3x]

KEA fell from 29p to 19p a few days before the RNS, now upon the very poor RNS its fallen further. I'm thinking someone knew about the poor RNS a few days back.

BUMMER!

Least RRL had a nice rise yesterday

 

[Simon]

Why are BP down so much - I can't see a new reason

 

[randal]

OUCH OUCH OUCH OUCH

KEA down 22%
NTOG down 10%
MTA down 7%

NOOOOOO

Red is the new green, mothballing MTA until 2011 for sure now. Well maybe after a quick average down if it hits sub 1p.

 

[rz30]

Why are BP down so much - I can't see a new reason

I think the law suits are starting to accumulate for one thing, will be interesting to see what they bottom out at.

 

[Chris_83]

I think the law suits are starting to accumulate for one thing, will be interesting to see what they bottom out at.

Not too low I hope! Lost a lot of money on these so far.

 

[Dunks]

Not too low I hope! Lost a lot of money on these so far.

Well you didn't expect BP so suddenly start rising did you?

You're in it for the long run with BP I'm afraid .

I''m just wondering how many stop losses there are at 300p, could see it take a tumble if it hits.

 

[Firestar_3x]

And this is when my master plan comes into play, its only been a question of time before it goes sub 300p i've been saying it for weeks.

 

[rojones]

sinking like a lead ballon. 296p now.

 

[Beansprout]

280 - 290 by end of day?

Wonder where this will end.

Maybe this will teach them all not to be so cavalier.

 

[Firestar_3x]

Maybe this will teach them all not to be so cavalier.

Hmm, i think thats a little harsh tbh.

 

[Morgoth]

RRL has made me some gains, they've been offset by losses in DES however. I'm contemplating topping up on DES to try and lower my average though.

 

[Firestar_3x]

Going to lower my average on KEA on monday, waiting for some news to come in from MTA, hopefully the price will jump then i can pull out of MTA and go further into KEA.