top of the asx in more ways than one, page-6

I got out of FDL today for nice profit from when i entered Thursday.

Thank you to all the hard work and effort put in by fatstocks and Warnie.

They have certainly gone out of their way to provide information.

My confidence in FDL hasn't changed, as i never had any, it was and is purely a gamble and i am treating it as such.

I believe we are in for some rough trading this week, so took the opportunity to lock in profits, they can not be taken away now.

Just a couple of things i noticed.

FDL have virtually had a 3:1 ratio on buy/sell spread recently.

That closed up a lot today and was virtually at a 50/50 split a lot of today.

I don't place too much credence in that though, as most of the big buying has come from non queued orders.

fatstocks, just a couple of observations from me.

I wouldn't place too much significance on the trading volumes in comparison to the blue chippers you mentioned as they are just floating atm, waiting for a US direction imo.

Also what on the buy/sell spread now isn't of much value but of course what is when it opens will be interesting.

I think the volume of those options is of some importance, interesting stat actually....

If the opportunity arises i will continue to jump in and out of FDL, until hopefully i am happy with a price and will probably buy and hold.

I think that they will have the ore and i think they will do well for 1 reason and 1 reason alone FMG.

Again, thank you to those providing all the info and a Happy new year and a prosperous 2008 to you and FDL