ZFX zinifex limited

slow start this morning...looks cheap, page-7

  1. 198 Posts.
    jhamann,

    I've closed my "long term" position already 2 weeks ago after holding it for 2.5 months. My occupation with ZFX is currently short term and I'm not in the mood to 2nd guess the market.

    ZFX didn't look too convincing today. People weren't falling over themselves to nab some. Had to wait all day to make 20cps.

    Those news reports & analyst predictions can be very fickle and prone to about faces.

    Everything afterhours has had a slight downward bias today (Mon 29-May'06) except the ASX which has flatlined all night. Which leads me to believe nobody's sure and waiting for further direction.

    Shtloads of data next month. Action packed. Haven't really sat down to think about it all. For now don't know about Tuesday but we'll know what mood markets are in by Wednesday.
 
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