Jesus! Just read the last few posts after mine. I said what I said to Lambert so as to get him to post again. He has only posted twice since joining HC in 2010!
That, and we need more participation in OST HC Land. ; )
Briefly on the topic of broker reports, I do ‘note’ them as I don’t like trading companies with a SP within 10% - 20% of broker forecasts, or there abouts.
We had a good day I reckon, and not just for the nice percentage rise. Even Alan Kohler on the Kohler Report had a wee bit to say.
Before I get into why with charts below and other comments, this weekend is all about the Greek Election, as anyone with a pulse knows. That, and also the US Fed Meeting on Tuesday & Wednesday. OST and her charts below are nothing without favourable outcomes from those two macroeconomic events.
Here is recent documentary from just last week or so on Greece and her problems. Very informative:
The Great Euro Crisis – 2012 on YouTube (58 mins)
For what it’s worth, I’ll leave my thoughts of OST with you in my charts.
All the best,
Shonan Trader
Volume
PS. FYI below:
Bullish for Stocks/Commodities
- Falling US$
- Rising EURO vs. US$
- Rising Commodity Channel Index (CCI)
- Falling VIX
- XSO (Australian Small Ords Index – Often ahead of the trend)
Other Useful Links to help with some T/A Jargon:
Stochastic Oscillator (A.K.A. Stochastics. Stochs)
MACD
MACD and Stochastic Crossover
Advance/Decline Line
Commodity Channel Index (CCI)
- Forums
- ASX - Short Term Trading
- OST
- ost charts & thoughts - june 2012
ost charts & thoughts - june 2012, page-30
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