iron bauxite coal, page-9

i would kike to read your thoughts on IPL or WPL over the metals,


f/a on BHP means it is a winner

it is a diversified company, not a penny dreadful, that is where the hope is, BHP has real goods to sell and for the next few years will continue to do so at these high rates of demand.

if demand does falter then you will see some down side,

this is no property sector or cdo or low doc loan

they are earning over 700 million per month, this is more the IPL does all year

where would the nation be without resources, Rudd blames howard for all the nations problems when they are mostly O/S driven

Ass for oil, this is part speculation but again demand and supply concerns, also fear of iran etc.

but happy for you to fire up the senses, just to remember to be on guard and watch it like a hawke

i would sooner own BHP than QAN

look at the march lows, it had BHP at 33 now back at lows at BHP is 39.50 as see what happens over the next few weeks during reporting, this is when their will be a problem across the board, the XJO could be slaughtered down to 4000-4400 so you do have to be cautious BUT you have to in any market, risk/ reward

hopefully if you have found the sharemarket to be your new vocation, spend some money you have made on decent real education, it doesnt cost too much to get your diploma of financial markets from secutuies institute or you ADA1 & 2 for option, those 2 are only $500 each, so there is no excuse to learn, that a day trade. this way you learn what the brokers learn and not some jerk with a $5000.00 weekend couse that pays fro his Porsche or Ferrari, with his info worth he same as a $25 book or freebies from the ASX

it is a zero sum game and easy to lose if not discplined, BUT you need to be opportunistic in nature

the market can lock you up or set you free, it is up to you to learn and you need to learn F?A , T/A and the markets you trade personalities. then learn the platforms and then have the courage to press the button!

cash is good, but if you can learn to trade both sides of the market, even intraday, then cash is for pensioners.

understand how to protect your long term investments with options and warrants or cfd's. this takes some time but will save you from the devastation that happens as history in the markets repeaating.

hopefully you will buy in on the next pull back because the next pull back will be at 60