morning all.
MG special thanks to you for stepping in the breech and give your kind thoughts with a few home truths.

I went to Tom Hougaards seminare at Oulton Hall, Leeds on Saturday and must say thorouhly enjoyed the full day with him.I would recommend it to anyone either novice or advanced traders as he caters for all.

rgds
zarif

Afternoon.

Bit quiet on here. Have neglected this thread today as it's been a bit hectic round my way. Also been visiting with ADVFN FBB BPRG thread. Absolute hoot! As is normal in such situations, there is so much ostrich-like comments. I'd quite forgotten what this type of thread was like. However, I do feel very sorry for some who have been dragged in by promises of this, that and the next thing when plainly the price movement and overall sentiment is so negative. It's day may come again, but the company as a whole has that feel of '99/'00 all over again.

Anyway, lobbed ROK trading position for +5. Not sure if that was wise or not - only time will tell, but it's not a stock I trust when it begins to move the opposite way to my trade. Quick and far is the norm!! ;-))

Hope you're all having a goo 'un, if a bit slow.

Al

Afternoon Big Al ( and the lurkers). The BBs are very quiet today and for me as the Ym is closed today am calling it a holiday myself by not trading and reading through all the material that Tom H gave at the Seminar.
have a fun day as its nice and sunny today -the skirts get shorter and shorter ....... ( wow what was i thinking about!!!!!)

rgds
zarif

Zariff, Reading your remarks about Tom Hougaards seminare in Leeds, do you know if he has anymore seminares coming up as I to wouild like to go along. Does he have a web site I could log on to. Would be grateful for your help. Regards. Paul

Paul - would definitely recommend seeing/listening to Tom H. I'm not an index trader, but he's brilliant entertainment if nothing else.

Hello all.

Closed HNR this morning, may buy in again later once the excitement dies down.

Closed TTH this afternoon, made what I would have got in divi plus profit, so may buy in again later.

Holding SEY much longer yet.

Also BARC, PLR, fancy keeping hold of PLR for long term.

Watching JKX to see how far that will go down with a view to climbing back on board the bus.

Also watching WLW and hoping it will drift after all this bad news with Sainsbury and Morrisons. If the MKS bid fails, I have no idea which way WLW will go as it is always seen as a bid target. Mr Green will still have loads of money to spend.

BFP bought on last Fridays low, has some work to do there.

Ol'Green wont want Woolies - I wouldn't have thought anyway or MTN
unofortunately as he's come from discount retailing and headed slowly
but surely more up-market - it would be great but just can't see it...

SB

Fair point

Lobbed ROK +5, VAN -7 and MGCR +2.5 today. Nice and blue overall, especially with WHT ticking down. Love it when that happens - nice slow burner.

sw - will also look for a JKX re-entry at some point.

Oh, and FIB made up a wee bit too! ;-)

Big Al

Looking forward to it.

Price of Brent is up and ascending again so I expect these to go up tomorrow.

Seems to be the key, and the same goes for PLR.

Intersting stuff this Oil & Gas.

Risky but big profits.

sw

I've traded oil and gas for quite a few years. They say you should never get involved in the business you work in, but there are such rich rewards. Unlike a lot of sectors, once oil and gas gets up a head of steam it is a lot less "finniky" than other sectors. Moves are strong and fairly predictable. I suppose at the end of the day, black gold still rules our world and the main events of the past couple of years have been purely focussed upon it.

I currentlythink JKX could come comfortably back to around 105p and still be a very good buy on a pullback. There was a 2 month consolidation period before so there's no rush. I'll see where it settles and makes a range.

Al

Thanks for that Big Al.

I have seen in before with JKX backwards and forwards, and yes they are predictable.

I am particularly interested in the Mauritania finds and BG involvement more latterly.

They bought in from PMO back end of last year and everyone was surprised.

I see a deal occuring there as and when, which is why I have Sterling and in and out of HNR.

Great land of opportunity but without the risks posed in Arabia and Russia.

That is why these companies are falling over themselves to get a foot in the door.

I am excited about the prospects there and read up avidly anything that comes out.

Right time to shut down, good luck for tomorrow, speak then.