I thought we would come up with some solutions to the coming week's trading on the love sofas in the XJO lounge on the weekend but Nine Lives, Voltaire and occasionally Maxi, just kept esoterically cycling around the room. Voltaire gave his usual 35 answers to the same question of when are the highs and lows.
Kischa & Gazcann were theorising about the 'specialness' of the 195MA as compared to thr 200MA. Redbacka basically said...it doesn't matter a stuff!!
Of course, Maxi was darting around everywhere juggling fibs!!
Redbacka was so fed up with his blog malfunctions that he hit the plonk (albeit at a respectable hour) and started waffling on about Wizards and Conjurors, occult sapience and magic wands.
It was good to see the sensitive side again of Mr Redbacka as he has been a bit of a disciplinarian last week with Dascore. Dassies been on the rack a few times over a few technical inconsistancies assertively pointed out by Red'.
I'd be careful with Dassy though, I'm sure there is a volcano bubbling under there if he is pushed to far....not that' there's anything wrong with that, in fact it's preferable. We don't want wimpy girl types on the manly XJO panel. We need men with ego's. Noses that can be put out of joint. We can't be too hard on members who suddenly disappear on enforced meditation breaks. This is just extra testosterone finding an outlet, I'd even venture 'excess manliness'!!
For example - Barnsty and Spott arm wrestling over the price of Copper. Barnsty illustrating his points with charts and Spott implying 'Hang your charts, I know the contract'!!!
So, plan of attack for the week. There are hopes hanging on May 20 for a rebound along with the fear of a rebound into the bottom of a saucepan. There is a concern we will dip below the 200ma, but the last two times we did that, we springboarded back up.
I'll be looking for some undervalued Blueys this week. WPL, MQG, BHP, any suggestions? I'd much rather it just go up. Weeks like this, money can be made.
(20min delay)