for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

OG

The market corrections that have taken place recently have been because oil prices were too high - this is destined to fall.


I would have thought oil prices were likely to remain high given that Saudis are running out. Still good for RTD ;)

driver, you still here? i thought you might have been up and away to see harvey now that doncaster has its own airport :)

zscrooge - you've spotted my "secret" hedge against rising oil prices lol!

bosley
i appreciate the difference between SEO/MONI positions. i was merely making a point that it is dangerous to count chickens.

a lot of you guys who were smart enough to get in sub 6p or so are only going to see your profit slashed if SEO issues some bad news. others ( many of them ) have been buying well over 20p, so will lose a bundle.

i dont expect it to happen but in my 15 years share trading i have seen mega pain many, many times.

there are the super success stories as well.....the one that always aprings to mind is GIM ( geo interactive media , now BLZ). 20p to 35 in the relative blink of an eye.

come to think of it SEO is about 20p right now :o)))

Dog Day Evening

Well, here I am sitting in Terminal 2's finest pizzaria, having bribed the manager to stay open long enough to bake a quattro staggione after a gruelling first day of the Bnank holiday weekend traffic.

Christ, do we live in a banana republic - one of two eateries (will not disgrace the term restaurant) closes early because they've had a hard day! I did try the other one - WSeatherspoons, but beat a hasty retreat and ate large slice of humble pie, barely leaving room for the best (and the worst) pizza in Terminal 2.

Anyway, I anticipate the joys of airport shopping at Athens airport at 4.00am with mixed feelings, before being whisled by plane-smaller-than-bus-out-to-tarmac to the exotic isle of Rhodes - home of my ancient friend Colliesos. A gay jaunt you may surmise. Wrong! A sudden client requiring delicate and immediate attention under the glare of the Hellenic (nay, Ottoman) sun.

The best bit is that I shall probably avoid having to honour my promise to buy NLR when it fell to below 475. Do go and read the posts of the last several weeks - it's uncanny how scathing my thread(bare) colleagues were of what seemed like vain canine hutzpah at the time.

SEO was indeed a stout performer today and Tom Bulford of RHPS says he has not been able to talk to the CEO as planned because he has gone on a road trip for PR purposes - watch this SPace!

Until Tuesday, unless I sneak off to a shady internet taverna for a swift retsina-hazed lunch tomorrow.

Yassou.

O Canos

bos
Donny have there own airport but you have to go to Spain to get your flight.

i agree, superrod , you should never count chickens, but virtually all my eggs are in this basket. when they start hatching i'll buy the farm :)
ahhh! 20p to 35 ........happy days those tech boom days.

sd, you jammy get!!! you get to go to rhodes this weekend while i get morpeth!!! was that terminal 2 at the all new robin hood airport?

What's this - posters flying all over the place: to get away from the election? sd flies to Rhodes by Termianl 2 pizzeria; driver flies to Donny via Spain; og hedging in Saudi; bos, well, just being bos and hitch-hiking to Morpeth. Knew Morpeth quite well but not your Hall - hospitable and canny people though.

I'm just flying in a relative way: not only have we relatives staying, but I'm meditating on the theory of relativity. Relatively to the market SEO has done rather well; in fact it has done splendidly. All we need is for the market generally to have a good day; OK, whistling in the wind you say. In the mean time,raise your glasses to relative strength. Just off to NLR to see how stockdog screwed them up!

Eric

.....and I am just off to Gatwick -'cos I live just round the corner = to mpick up some relatives - but then I will be staying home all over the bank holiday weekend decorating the bathroom. Somehow Rhodes sounds much more appealing - hope you get time to enjoy some of it 'cos its a wonderful place.

Baza

morning. baza, i bet you are really looking forward to that!

Morning Boz - what can I say - can'y wait to get going !
Baza

might be better off doing the bathroom cos the blood bath is back. all red!!!!!

og, sorry i could not come back to you y'day. Of course China is actively looking to become more self sufficient on oil supplies-like everybody else. Big difference though between looking and finding economically viable deposits. With regard to OPEC production it is my view -shared by others- that OPEC is in no rush to produce more liquid gold as its reserves are no longer increasing.
A more feasible scenario is that that they will produce just about enough to obtain both highest possible prices without plunging world economies in a recession.

Please also note that the US$ has fallen by approx 25-30% versus the main currencies so the impact of crude at $50 p/bbl on non US economies is less severe than in the USA itself.

apparantly the nasdaq hit a low point so i guess tim freeborn's initial observation that
"along with the malaise affecting anything tech-related"
could explain todays drop.

i am monitoring 26 stocks across most sectors and the great majority of flashes are blue.......heres hoping that is a signal that the market is turning up.

Thats amazing, superrod! 4 out of 50 on the challenge portfolio are blue. May be because your across sectors: I see the FTSE100 is slightly up whereas AIM is down 5%. Most of us are the champions of the smaller, up and coming stocks! Perhaps they're all going! Apart from SEO that is!

Eric

EW

only 6 are blue, 2 green , the rest red. i stress i am only monitoring them, NOT investing.

ticking up now.....quality will always prevail.

i see there are still mugs trying to bottom fish moni

robinhood - thanks for your thoughts on oil, it'll be interesting to see what transpires later in the year.

I see that SEO is ticking up again after a slow start - should bode well for the rest of the day.