daytrades oct 22 pre-market, page-14

Morning all, Oh no, oil under $81 barrel! Jeez, how long ago was it $25? In same vein, ignore the John Garnaut articles imo. He is another doomsayer.

Coal Seam Gas. There seems to be a bit of an agenda to put fear in the CSG stocks. The story was all over the ABC news but I couldn't see anything in the SMH? We are asked to believe that after the $$$Ms spent setting up the CSG industry and t/o and billions of $$$s invest plans in Qld and the fact that CSG is alrady supplying elctricty ... that the govt will scrap the industry cos of pollution concerns? I'm all for not damaging enviro etc, but this looks more like self interest and SP manip, which has gone on a lot in the CSG stocks. I hold small amnt BOW but will look for panic sell opps in CSG stocks.

TEN. Just remember,u never get anything from the Packers. imo

NTU. LYC has a reduced stake after the rights issue. Might weigh it down today. I'm keen to buy back in but not sure where?

GOLD. US economy recovering, $US strengthening??? Not likely imo.

Happy trades