The Stockmarket

[JiggyJigs]

Well I just upped my salary sacrifice to take advantage of low unit prices, compound interest and a low tax environment...dollar cost buying over the long term from here wouldn't be too bad a plan, just remember to buy quality stocks with a long term view.

Non of this is advice...just me thinking to myself outloud/silently on the internet. Don't act on my ramblings...they mean nothing.

[chee]

michael, take advantage of dollar cost averaging if you are thinking of purchasing more, in a falling market your average buy price will work out lower.

^^ whs

[rod]

FMG a takeover target for BHP now?

[Kaido]

FMG a takeover target for BHP now?

hmm

looks like its a popular share to buy today.

is it worth buying?

[Kaido]

Michael, take advantage of dollar cost averaging if you are thinking of purchasing more, in a falling market your average buy price will work out lower.

thanks for the tip, i ended up doing this and it worked out i only lost 2 shares in the sell then buy. but are up something like $400 now so im pretty happy.

only trading in small amounts so my gains are that big but im pretty happy that its working out so far

[rod]

My god, Rio is really taking a hammering today.

[Kaido]

My god, Rio is really taking a hammering today.

yeah wtf!

i just check them down -21.57%

bid at $42, i guess this is due to the news that BHP has pull out there take-over bid.

I might have to buy some shares; wonder if its worth while buying 100 shares

[Taylor]

Doesn't RioTinto have thirty billion in debt?

[D'Artagnan]

US $37.5B I believe, due to Alcan takeover.

D'Art

[Kaido]

Long Term Debt 43,799($million) 12/2007

Balance Sheet
CAPITAL STRUCTURE ($ 000s)
Total Debt 53,115,925
Long Term Debt 43,799,909

edit:

looks like they are going up a little; up to $44 from $41

[Spock]

This is amazing. Peter Schiff on cable news in 2006 states there will be a financial crash and everyone laughed at him. Then everything he said came true.

[ame=http://au.youtube.com/watch?v=2I0QN-FYkpw]YouTube - Peter Schiff Was Right 2006 - 2007 (2nd Edition)[/ame]

[dr00]

yeah but there are thousands of analysts making all sorts of predictions all the time, some of them are bound to be right out of luck. its only amazing if they are consistently right for like 10 years...

interesting video though, the reactions of the other guys almost seem like fear. peter schiff is a funny guy too i like him

[JiggyJigs]

Great vid that...I'd love to get the opinoins of the smug analysts who laughed at him...classic.

[Kaido]

if anyone is day trading today shares to watch

BCC and EKM (up 100%)

edit: all my post are my opinions only and you should not take it as solid advice if you are unsure contact a broker

[chee]

PRR - up 289% since my time of involvement.

[Kaido]

PRR - up 289% since my time of involvement.

nice work

today CER bought at the beginning of this week at 0.195, finally sold it today at 0.225 nice profit

still watching NWE and BCC holding for a bounce back today. if i had the cash i would be in both NWE @ 0.035 and BCC @ 0.05

[Kaido]

Stocks to watch this week

BCC still waiting on an report that is due in November, from what i have heard it will be positive and send the stock up (current at 0.06cents, hit a high of 0.07cents last week)

NWE still seems like a good pick but abit shakey, jumping up and down

OEL semi to be on the rise but needs volume to push it up higher

ORD hit a high of 0.085 back down to thue 0.06 mark

WDR was around 0.4 at the beginning of OCT hit a high of 0.8 back in around the 0.6 mark. from what i have research this company is under value, and its current site (mining) can last for longer than expected

BUY and MMR: both finish the week lower has had some good runs over the past 2 weeks




NOTE: the stock i post are base on my trading plan, short term holding and day trading; please do not take my advice as a solid information do your own research

Happy trading

[Kaido]

BCC up to 0.07!

should close around the 0.07 mark today with the future looking good for the 0.10cent mark!

[Kaido]

some interesting news for HAW

The historic mineralisation is actually over 100kms long, however the strike length of this particular strike ie; Trouser Leg (according to the Chief Geologist) is 13kms in length

[Kaido]

market close for today overall ASX was down -12 points

BCC close at 0.071! watch for tomorrow