martis the great, page-59

Hi katana

Early morning 3.30am rise for me (as usual) looking over the world markets.

Firstly I would like to point out that I rarely trade CityView. I'm really not interested in a 1/2 or 1 point gain for a grand or so. I look at this particular company as a medium to longer term investment and I'm not interested in upsetting the flight so to speak.

Maybe it's because I can see the potential here (was a contract miner for 26 years) Au Pb Zn Ag and a stint in coal. Helps me a bit.


You said:-

"Suppose the next test will be at .18c.

Hope u all make a fortune, however, to think that there is no downside risk is just been unrealistic. Suppose the smart dweeds sold above .30, because for technical based traders that was the sell signal".
,,,,,

Ok fair enough I really do try to see others point of view
and look at 90% of the posts in the companies I hold.

Almost anything can happen in the markets and usually does when we least expect it but I saw your call at .08c and the word "Dweeb" in your second post as (baiting the thread)and a little "Unrealistic" at this junction . If this is not the case I apologise.

Humm .18c Yep she could go there or could just easily swing the other way. IMO you can chart till the cows come home on these small caps and everything can point to a retrace or run as the case may be and then an announcement comes through good or bad and the company can shoot off in either direction.

I would rather look to those charts on CVI in a longer timeframe to track the direction using the fundamentals as the primary indicator.

10% charting 90% fundamentals is the way I go in these small caps for me.

Seriously Katana, the JV is now funded to the sum of US$112,000,000.00+- Show me another emerging small cap with that sort of available cash on the ASX and I'll buy you a Mr Whippie with sprinkles on top!.

I humbly ask what did you really expect to gain in responce to your origional post?.

I would have thought you had better things to do with your time.


Thank's in advance.


Xan