daytrade diaries... december 9, page-15

Morning all (thanks HLL & LOL stockmaster - great song btw),

Yes, first & foremost "Welcome Back iPod" - looking forward to your company back on the DTD's, even if only for the next week or so before I head off for the Christmas hols.

Well the markets were all down last night and the SPI is currently down -54pts but will be looking at the following stocks today with a view to trade:-

ADN - We're getting closer to core drill results so keep an eye on this one!

AXY - I'm not buying yet but I am keeping a close eye on this one after yesterday's massive gold confirmations. When those drills start to churn next year, or any time from now on really, there could be some very good runs on this one imo so I will be looking at any spikes on volumes & price.

BCC - I will be looking to buy at whatever I consider to be oversold positions.

FML - This has been a great swing trade so could offer more opportunities today imo - it always does great churn too. Don't forget the 3 Mile Mill is re-opening soon and will reduce their gold milling costs substantially.

On the announcement front out today:-

TRF (Trafford Resources Limited) - Had an announcement out this morning - Robust Resources In-Specie Distribution by Trafford - stating they are making a 'one off' distribution of up to 1/3rd of the shares it holds in ROL on a 20/1 basis - the dates have not yet been determined. Interesting! Maybe there is time to get in - one to watch anyways imo.

Ok, have a great day trading all and my quote for today is:-

"I get iPod, he only get iPod Mini." ~ Borat: Cultural Learnings of America for Make Benefit Glorious Nation of Kazakhstan (2006)

Cheers, Pie (:

PS: I see Norway's central Bank (Norges Bank) just bought a 3% slice of BHP Plc. That's a vote of confidence in the Resources sector imo - I hope the Norwegians are a little more accurate than the Icelanders have been, lol!