XAO 0.63% 8,759.7 all ordinaries

Short Term Trading Weekend Lounge: 2-4 Nov, page-49

  1. 816 Posts.
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    Noticed the Garage has jagged 'Best solution' in Val's sweep, hound quipped no better example of the perfect oxymoron given my performance in the market over last week.

    Little bloke being bit harsh, he was obviously referring to my dalliance in DSE where outcome was somewhat 'below par', but overall pretty good week.

    Actually, team did discuss DSE’s reporting in ARR’s as featured KPI, their interpretation of the term and negative ramifications of such , then team immediately ignored that and took small (20k shares) position pending 4c.
    ARR’s for specs bit like political polling, trusting a fraction (actual questions asked) of a fraction (no of people asked) to draw broad-based conclusions via algorithm, suppose you just have to look around you in Sydney atm for validity of process. (maybe unfair to DSE dyor)

    Noticed a couple of LIT ETF scans being posted earlier with somewhat guarded but positive comments, hmmm……….

    Team brought some KDR about a month ago for no other reason than < 1 (world’s best FA in play in garage at all times, refer oxymoron reference above), we added a few more and also toe in water at Li spec end with PSC.

    CLV, RHP & PBP doing well pretty much accumulating all on weakness.

    Took opportunity to get a few more RVR < 19 & IMA @ 12 and entered LON (pilot) for no other reason than everyone else seems to be doing it.


    Is there a valid support point around 5.6 in JAT ? Need cash outside of that generated by model so maybe a watch the games only.

    Watching OMH & MYX for entry and few other things going on but won’t jinx by putting to paper.

    Trade of the week?

    BH had an incident with her mates concerning being harassed by a group of young males during week. Everything OK and at the time she phoned garage to advise what had happened and she will be back in about 15mins.
    The ‘trading team’ although doing some very intense FA at the time but had the presence of mind to protect ‘monthly’ and say all the right things mentioning police and pick up but BH seemed fine and ended in ‘seeya in 15’.
    Was not too concerned as the BH and mates all very respected professionals and more importantly highly impressive individuals, working as a group would not want to be on opposing team so to speak.

    Hound 1st out to greet the BH back into his territory and when I came out little bit of delayed ‘shock’ I think and BH straight onto my shoulder with tears.


    Developed into real ‘girlie’, hound sensing something was wrong came rushing over and fell in at the BH’s knee, widened his little bulldog stance in defence as if drawing a line in the sand against perimeter weakness.

    Since his ‘finest hour’ with his nemesis ‘the cat’ the other day the little bloke won’t put up with any ‘shite’ on his territory, the perimeter WILL hold.

    We both looked down at the hound, a new wave of tears greeted my shoulder as the BH in her emotional fragility recognised the little blokes support and commitment, she just completely lost it, a bond strengthened beyond the ability of words to describe.

    In that one action he won about 1 zillion brownie points with the BH, to the extent last 48 hrs hardly seen him as spending lot of time with the girls getting absolutely smothered by TLC.

    Saw him this morning still deep in the trade with no exit strategy pending and not a lot of time for me, asked him to put in a good word with the BH concerning maybe bringing forward my monthly this weekend.


    not really a horse guy but love watching champions go through their paces, have been following 'winxsie', ask any yank who knows about greastest American sporting moments, this one features highly.

    Video production bit iffy, belmont stakes 1973 (good year that, apparently lot of really smart people born) but worth watching, real yank folklore stuff.

 
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