Trading Update 1st June 2009
Lonmin (LMI.L) continues to move North. When a trade starts to make a nice move in my direction(+16% on the trade – 2.1% for the AtticFund) I find myself considering closing the position in order to protect the profits without having any real exit signals. Lonmin still looks strong to the [...]
Trading Update – Lonmin +16%, Talvivaar, Spice
Trading Update – Lonmin +9% and a short opportunity.
Trading update for Sunday 31st May 2009.
Lonmin (LMI.L) is up nearly 9% since I was filled on 27th May. (See AtticFund details here) Technically it still looks very strong. I’ve tightened my stop but will continue to give the trade some room.
I’m still waiting to get filled on my buy order for Spice Holdings [...]
Trading Updates – AtticManTrader returns…
After my period of self-imposed exile it’s time to get back on the horse……
My AmiBroker software is now spewing out buy and sell signals and although some further tweaking is required, I’m able to quickly locate potential stocks to invest in. Purchasing AmiBroker has definitely improving the efficiency of the AtticMan Trading operation. I can [...]
Software Sector – Due a correction?
I’m sat in front of the screen listening to Sinatra whilst browsing through the charts. My little boy is having his afternoon nap just a couple of yards away – he looks so peaceful. A beautiful way to spend a Sunday (for me and for him!)
The weekly software sector chart has caught my eye. The [...]
Solarworld AG – A real ray of light?
In a previous blog post, I mentioned Solarworld AG (SWVG.DE) as a good friend of mine had invested in the company as part of his mission to manage his own investments.
Today I decided to take a closer look at the charts (for more information on Solarworld, click here)
Starting with the weekly chart (below) – first [...]
Trading Update – A lesson in drawing Trend lines
I was filled today on my Wellstream (WSML.L) order as the market continued to react to Swine Flu fever!
I’ve been drawing trend lines on the graph all day (I know, I am trying REALLY hard not to look at these blo*dy things during the day but…). Take a look at the trend line defining the [...]
Trading Update – Wellstream
Today Wellstream (WSM.L) traded down on very low volume.
The stock looks to be consolidating and a pullback is very much on the cards.
Since 17th April average daily volumes are down to less than 10% of average April volumes. But what does this mean? Well, from my point of view, it means that the ‘prices moves’ [...]
Autonomy Corp – the pain of trading
aarrgghhhh….b*ll#x
Autonomy Corp, rose 7.1% today to close at 1376. I blogged on 15th April (after my 1300 stop had been hit), that I was going to monitor this stock and ‘see what happens‘.
(See graph left – my analysis from 22nd April, looking at 68% Fib retracement)
Well now it’s bloody clear what’s happened! The pro’s forced the [...]
Trading Update
Just a quicky tonight.
I’ve decided to go in at the market with Centamin, so have cancelled the limit order from yesterday and will place a market order tomorrow – details will be posted over the weekend.
I have also amended my Wellstream order, in an atttempt to get filled.
My Revised Wellstream order details;
Buy Limit @ 542p [...]
Trading Update – 2 new orders
Today I placed two buy limit orders:
Centamin Egypt (CEY.L) – Having closed my previous position to protect a profit, I placed a buy limit order today. I’ve reduced the risk that this position carries as (like I’ve stated before) I’m keen to hold onto this for as long as I can. Their first gold pour [...]
