Week ending Apr 12 -Bit of a mixed week –mkt surprisingly calm considering NK shenanigans (loved that clip of him morphing into PSY) -IO took a turn for the better, as did most commodities, gold (?), effect of WPL decision?(rising costs, returns on resource investment) -Seemed to be a few CR’s amongst the specs, punters wary of this and factoring into their trading, perhaps -Big plays of the week were CNO, nearology Musgrave stocks, MGV, RDS, TKL, CZI; bounces on a few CDY, BGS, ALK,AZS, CBD,KDR; MAB cont’d up, OBS, OGX moved.
Ideas from DTer’s “there's a few here [posters] who genuinely understand the business they are in and understand why big money [the stuff we are all trying to front run] will bid a particular stock they are not all lifestyle stocks. and the pay off for being right makes the search worthwhile” (crackpot)
“.. to me the best plays are when your non-mkt action research coincides with real mkt action when that happens, you've got a winner, and your prepared for it reacting to mkt action then managing your emotions afterwards [cause you're in fear of what comes next or what it means] is pretty hard work ….” (crackpot)
Re DT thread “….Don't be fooled that it's a simple rampfest. That's part of the background noise. They come and go (and usually don't come back). You need to adjust your ignore settings as well. See if you can work out who knows left from right. Feel free to have a look around and come for a cyber carrot and vodka juice in the after market lounge.” (Endless)
Re the unofficial guide to posting on DT thread. WORDS TO AVOID. Downramping Tree shaking Weak hands Toot toot Shorters Will run this arvo Market has not woken up yet These terms can cause headache for sensitive readers. (Endless)
“12.5 must hold or it could go back to 12. However if it breaks 15,16,17,18,18.5 then it should see 19c” (a classic quote from paprika re CNO trading action)
