Xstrata is a major global diversified mining group. Xstrata maintains a meaningful position in six major international commodity markets: copper, coking coal, thermal coal, ferrochrome, vanadium and zinc, with additional exposures to gold, lead and silver. The Groups operations and projects span four continents and seven countries: Australia, South Africa, Spain, Germany, Argentina, Peru and the UK.

            Red = 25 day moving average.           Green = 200 day moving average.

SALES PER ACTIVITY (Data as of 31/12/2005)

Coal:       42%
Copper:    25%
Zinc:       18%
Chrome:   10%
Vanadium: 4%
Others:     1%

nowt to do with owt, other than market sentiment and direction

Yes it seems to have been short sold down and has now recovered.

nice rise, looking good.

Do you take your profit though or keep.

Now that's the bit I always get wrong ...sell it and the sp continuse to rise,
keep it and see the sp plummet

I'm sure it's deliberate .. or maybe I'm just paranoid

Dealer, No you are normal. In this market getting it right more than 1 in 4 is due to luck!

either ...... sodded it up yesterday, but back in profit again .... with Wall Street reaction to (dire?) employment numbers unpredictable, my own inclination is to bank a decent profit ..... if everything suddeenly looks wonderful, then you can always buy back in .... similarly if the market dives

This market is an absloute nightmare. I have no trust in the prices before me at all.

There appear to be a hell of a lot of red herrings so catching the true rise is very difficult.

Me thinks you are right cynic, when you have your profit, got to take it.

There again if the sp went a little higher ......

In my opinion XTA is a reasonably secure hold for the next few months.
There are still rumours about that Anglo Am are interested in XTA & that VALE are still interested, though with no proposal on the table atm. Metals prices are still high & predicted to be so during 2008 & also XTA are approaching divi date.
I agree that XTA share price does fluctuate by as much as 5% some days, which makes for good trading, but either hold or trade seems like the way to go. I can't see much downside to holding this stock for the moment.

100% agreement HC.

Almost bound to hit 38 -40 again at some point in the next few weeks.
I'm no technical buff but that appears in it's favour to.

More sells than buys

But if the jobs data pushes the market the right way, this could easily hit 37 today now that the miners are back in vogue. Big if of course.

make your mind up! ..... you could always sell part as a hedge, but you have just 2 mins to decide before figures come out

just sold at 36.86

With no live prices and job data poor can't afford to lose my profit!!

took my profit too at 3682

you mean I got 4p more than you.

Ha ha ...lol

;-)

Late surge to 3716. Happy to hold for now.

Yes I know, that wasn't meant to happen lol

good for you though.

Decided to get back in at 37 as a good short term trade.

We shall see.

Heck, tis only money.

XTA regularly tests the 200 DMA which is around the 3500 mark at the moment.
I think it may be a bit early to get back in, but whatever your entry point, there looks to be a decent bounce each time.

Yes I could see that lower point of entry but rightly or wrongly decided that it was a couple of weeks away and we would have a bounce from 37 to 39-40 in the meantime.

In these markets I have become an exceptionally short-term trader.

2 mins is about right for me!

Decided to sell as the price reached my target.

At least I can make a profit on this cy which is more than I can on most of the others lol

Why don't Aim cy prices move much at all?
Very frustrating ..