ARL 0.00% 40.0¢ ardea resources limited

ARL chart, page-1062

  1. 43,350 Posts.
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    As an example, I was sitting patiently for 3 days listening to preseo at RIU as the Specs were presenting collectively like all conferences. I am not clever enough to believe my own conclusion on the fundamentals of each presentation since presentations tells the 'marketing' version of their right to exist. I use the next best tool of measure, price trend.

    Secondly, I constantly ask myself why am I looking at the next great potential before the market is aware of it. Every holder would like to have such a skill but personally it is more luck than any great skill. However in the spec game, gut feel does play a role and then I flip a chart. I must get confirmation this way or else I could be the mug buying while the market is selling. I don't take things personally, just profitably.

    I am not getting good vibes on those battery operators but I did learn new things about battery technology. This is the LT stuff, could well materialise after they bury me....

    There is some ST buying in ARL off that 42C stop raid yesterday but it is the 49-50 that is the problem. That 'problem' only exist if it can't be penetrated and close above in this current swing.

    This sector is great opportunities for bottom trawlers BUT the spectacular drawdowns suffered by LT believers in the sector/s will require a lot of optimism rather than just a price spike. I wish you luck. Personally I have migrated from LT dead set belief to making sure I do not fall into these type of experience like I had in the past. A very expensive learning experience I have to constantly remind myself never to get into again.
 
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