The Brains Trust, page-36

With our new freedom.....

Pisces, a couple of stocks that I am running charts on and interested to see if you have looked at them. They have potentially bullish patterns but for some reason they haven’t made the grade so far. I don’t hold them -

AOK, BUL and TOE. Yes I know, the rubbish end of the market.

Also, are you still keeping an eye on SAR. I am not in that at the moment but watching very closely. I bought it last time as I liked its uptrend. But the volume. It has been HUGE. Do you think there might possibly be some M&A activity there? Definitely one we should buy if it eases further.

Isn’t it interesting how all those gold stocks that were kicked out of the index earlier in the year have ended up being such winners. We did suggest something like that at the time. And Australian indices being so low on gold stocks is an absolutely joke. Anyway these sorts of comments don’t make us money.

Robbo – we were talking about the type of patterns that I have been watching for. Just to give you a couple of other examples – have a look at MGY – need to see a year – see all the tops around 3.5. And no, I didn’t get into that one. Had an order on but too stupid to chase it and look at it now. REY is another one. And no, I didn’t buy that one either. Sometimes it pays to buy before they break but I did that on TZN and have had to sit there for weeks and still the sellers came back into it on Friday when it looked like it was finally on its way. So damned if you do and damned if you don’t.

So anyone got any ideas we can have a look at. Certainly post any stocks that look to have these flat topped patterns. Just so many stocks to look at. More eyes can only help