XAO 0.56% 8,612.6 all ordinaries

Short Term Trading Weekend Lounge: 1-3 Feb, page-25

  1. 816 Posts.
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    Fark me, week a continuing mixture of good strategy, luck and stupidity.

    We really do seem to get in our own way at times.

    Put the mocks on B2Y and GCY, stopped out of both before inked dried on entry.
    GCY have held twice now for < 24 hrs before being thrown out.

    Net green overall so ok week.

    AVH, CYP, IMA, RLE, ANO painted a smile on the trading hound’s bowser.
    Exited AVH @ profit continue to hold balance of stocks.

    4c’s nothing stood out, BTH?  (if anything did please post)

    Exited ISX on 4c, was expecting a shocker but ……. Needs time & volume over expanding tier one communications, atm MC does not make sense, pending 4c play end March on weakness one would suggest.

    Lucked out with ADA, stabilised ‘curtain dropper’ with solid support @ 60, backed by company buyback, was parking cash for few pips, dumb luck out @ 90.

    Continue to accumulate CLV @ 1.30 ish, stopped out of SLC then straight back in @ 1.30, added more LON @ 30, exited Z1P @ 1.20 another ‘curtain dropper’ trade from last year but maybe too soon?

    Was looking at VHT but are the revenues there to support cap? Maybe not.

    Re-entered AJQ @ .072 (not too sure about that, 4c a bit iffy and those con notes a worry) and RVR < 15.

    Trading hound and I still down the coast putting finishing touches on the new ‘garage’, coming up well, girls all back in Syd.
    Property slops down to natural reserve then through bush to small SC estuary, storage shed separated from house by some ghost gums and team has spent the week bringing it up the scratch, even has a small verandah for the lads to ponder the action after close with a coffee and dog biscuit.

    Hound has new mate, we have a resident echidna (Eric), 2 are bonding well after initial power struggle which resulted in an echidna paw to the bowser, hound pushed back to 2IC in team but seems content, being a TH, he never barks and not much bigger so good fit, hound sees his new job to tag along behind and guard Eric’s six while he gets stuck into looking for food.

    We have had the hound to master chat where ‘territory’ not to be defended down here but visitors encouraged to pass through and stay.

    Just as well, on verandah at twilight other day spotted something emerging from track coming towards the house, big goanna, one of my fav animals, real ‘don’t fck with me’ specimen, came right up to the team, checked us out not impressed and just sauntered off back into the undergrowth.

    Got onto the phone to a naturalist mate, question how to encourage him to stay around, is this a good idea and if so is he a danger to Eric? Answer Nah Eric can handle himself and ½ raw chop cut up once a week only, as dependence a bad thing, team onto it, always been concerned with brown snakes down here when hound goes on his perimeter checks but know if you have a goanna hanging around tends to freak out the ‘brownies’ and they disappear.

    Have feed him once and hound showed all the required respect due the big fella, real ‘no nonsense’ weapon of a thing, impressive individual, trading team honoured to share same ground.

    New platform promotes clarity and stillness, not a bad thing,ripping through 2nd Gov consultancy job down here, hound tendered @ 120/ hr in misc expenses, they accepted. don't laugh its your government (if you live in NSW) and your paying for the little blokes time.

 
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