daytrade diaries... february 2, page-29

Morning all (thanks HLL),

Nice to see a greeeeeen day for a change and hopefully a good day on the Aussie bourse.

I am only going to be focusing on a few stocks today as my portfolio really needs pruning atm, and the stocks I will focus on for intra-day trades will be those with high volume and/or news due or good announcements released ie;

SSN - Should be at or very close to T/D;

VIL - In the lead up to 12th Feb (commercial test in Louisianna);

FML - Absolutely smashed yesterday and should definitely rebound today, plus there is always high churn on this stock;

BCN - On pretty good volume; 2.7c held yesterday and am expecting it to move higher today;

... also watching GBZ for news of the inking of a deal with Pan Pacific for $55m farm-in on 1 copper project. I'm reasonably confident the deal is progressing well.

Announcement just out on TAM & ABU for those interested - 'The Old Pirate High Grade Gold Project'. 3 x .5km gold anomaly including 52m @ 3.93g/t, 6m @ 26.69g/t. However note they're not going to drill until the 3rd Quarter. TAM still might be good for an intra-day trade tho imo.

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

"I used to think I was indecisive, but now I'm not so sure" ~ Anon.

Cheers, Pie (: