anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

Yes, they are down as buys, brilliant.

More trades showing up.

loving SEY again.....

Lol! All we need now is a recipe or 2! Good day here, in fact, good day all round for me! :-))

feels a bit ahead of itself...mkt due a fall back and may succumb to friday profit taking...

rgds
PT

I think I may be turning into Benny Hill - everywhere I look I see double bottoms - uu^uu!

But look at the classic 18.75p confirmation today ending at the high on some lovely big buys. If we can push on up through the 19.75 interim peak we should move onwards to assault the 20.75p previous peak. Any break above there will set us on a continuation of the June to August up-channel to who knows where - blue sky.

Let's hope for good news on Euguene.

sd

Benny Hill, now there's a blast from the past! SD, agree with you re the 18.75 area, previous resisatnce which now appears to be a support level, according to my in-experienced charting eye! This chart seems to show it reasonably well.

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gavdc - you've certainly captured the essence with the black line through your chart. I use stockcharts.com site who give a very simple but cleaer resume of the main chart features which I find perfect for my purposes, although some traders may find it a little simplistic.

Other indicators like RSI and volume also indicate we are well situated for a bit of an up on the SP if the market has half a mind to.

sd

This will break through 20p soon

did I mention Woodside in their quest for aquisitions in the GOM have bought out Gryphon who co own High Island with Sterling?

Will Sterling be next?

Good night, sleep tight, see you in the morning.

Darn it, I am in tomorrow for sure.

sww - not my place to give advice, but since you are being sensibly rigorous in your approach, it is better to wait until the SP goes up through 19.75 and lose the first 5-7% rise to be sure it does not fall back through 18.75p.

I so enjoy pronouncing rules I do not have to follow myself!

sd

Not much in it but worth a read

http://www.oilbarrel.com/news/article.html?body=1&key=oilbarrel_en:1125540014&feed=oilbarrel_en

nice summary. thx Doc

Yes

looking forward to the next few months with SEY

regards

Hmmm.... a bid by Woodside would indeed make a lot of sense. How interesting. By the way, I've just woken up and noticed a Golden Cross on the SEY chart at the end of July. How did I miss that? Roll on 30p or whatever.

Well pondy, Woodie does have cash to spare they are going into the Gulf, they have half of a Sterling asset that is being upgraded, and there are record gas prices.

I think I have just started a ramp, is that how it's done?

Or shall I call it speculation?

SWW you stock pusher you! stop ramping you ramper...give us a recipe!

Pondy - this is your post 4643 from 26th July:-

"Greetings all,
Back from Florence. Is that a Golden Cross I see on the chart?"

It's not your eye-sight, it's your memory that's going! lol!

SD, I've never used stockcharts.com, will take a look, cheers. I quite like Money AM's charts, seem simple enough to use. I like the feature where you can add the black line as I did in the chart. Also use Bigcharts for intraday Dow and Netdania for streaming fx. Also looked at Livecharts.co.uk but the constant adverts were a bit annoying.

Doc, cheers for the Oilbarrel link, good read.

2x2m at 19.75 just gone through.