daytrade diaries ... january 5 , page-7

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    Morning guys

    Well, European markets up significantly, DOW up 155 points or 1.5%
    And sustainably so, they are up following reports of stronger manufacturing activity around the world (even and especially so in the US) and a rise in oil prices. Oil over $81 now

    Having done some research last night, I now change my holding in TRF to longer than an overnight trade, assuming my SL isn't hit of course. There's huge potential here, was $2 back in 07, and this new success with ROL etc is pretty exciting. Definitely same kind of targets or higher, than Ipods

    BCC / BCCO - news should start to come out soon on wireline logs and a few other things, re-commencement of drilling etc, exciting weeks ahead and expecting a retest soon of the 17c high and BCCO 10.5c, assuming all goes well of course. BCCO very strong close, remember oppies often move before heads due to leverage, and heads can then follow

    OBJ - holding well in the same range it's been doing for a while, accumulating more when I can. Portfolio changing opportunity is 3M comes onboard

    Below is my final comments yesterday, was right about DOW green night, and very happy with these overnight holds, I am expecting strong gains in all today hopefully and beyond:

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    Reckon we will see a green dow night tonight, China's numbers coming out should bring some confidence, plus I reckon the US's last day of the year drop was a bit of "weak EOY exit" based trading

    Holding overnight (besides my BCC, BCCO, OBJ etc)

    TRF - looking stellar
    MAK - strong day again today and solid
    NKP - what can I say
    VIL - couldn't help myself

 
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