barnsty's hold your horses - thursday

I'm out - sold everything!!

Barnsty, SanFelipe & Funkymonk could be right....well probably not SanFelipe given his call for a 'slight' dip in October 2007!!!

If you believe there is a star chamber putting trillions in and out of the market at will. Then you would have to expect a nasty long red candle on the daily to pulverise the stop losses - which we haven't really seen yet

When a couple of red hearts are skeptical about the volume in the market, is it experienced trading wisdom? Or is it remembering too many burnt fingers?

Presumably, if you go broke trading or give extremely bad advise (unlike me), you don't hang around Hot Copper long enough to reach Messiah status and get a red heart.

I had a look at the stat's on red hearts - I have 498 to go before I overtake Redbacka - approximately several decades. Think I lost one the other day with my Julia comment.

Redbacka is looking amorously at BHP. I was going to step into the beast today but Funky and Barnsty squashed my urges.

By the way Red, I might be sucking up to you because we need a bit of class in this forum, it was turning into a bit of a Gin Joint.

I think a good plan would be to put in a buy for BHP back at the low last Monday.. say $43-50 and try and catch a spike down (hopefully not like SF tried to do Oct2007). Was also tempted into AWE as it has potentially good gains but I think I have enough in that one.

My Crappy Portfolio - end of trade yesterday....to make everyone feel better.

Stock Qty Purch LastPrce Pft/lss

AGO 20000 3.54 3.67 +2610
AWE 30000 1.55 1.37 -5154
LEI 500 30.81 23.40 -3705
RIO 2500 81.17 80.06 -2773
BHP 3000 45.44 44.29 -3460
MQG 500 35.09 34.62 -235
TOL 3000 5.56 5.40 -470
ORG 1200 15.67 15.99 +384
PDN 5000 3.45 3.19 -1270
QBE 1000 18.27 17.95 -320

May 18 Down 14393 (-2.11%)