BHP Billiton begging to be shorted

[#1]

Brazen, u are without a doubt the cruelest of the lot...

[Brazen]

Thank you C. A girl likes to be appreciated.

[JohnnyCash]

Is it just me or is the running total now a 1/4 of a mill in the red?

[john_1]

Is that how much Skippy is in the red? geez!

[Brazen]

Jaysus. I just reread the initial post - 25 contracts short.

[john_1]

Is it me or is it 25k not 250k? R10 x2500 shares?

[JohnnyCash]

reckon he's skipping out of here.....
Least resistance would have netted R250 today. of course with hindsight.
Also, skippy, dont take it personally as we've no idea how you went about ur trade but in my context im buying.

[#8]

I know how he did it....he did what ge thought were all the right things ...he applied conventional wisdom mixed with a little TA theory...he even applied the law of physics....hell he may even have attended a SFM market outlook presentation where they talked about taking profit on BIL...the thing he didnt do ...which is the only thing he needed to do was look at the price....he did all the right things ...but unfortunately the market doesnt like smart asses

[#9]

I know how he did it....he did what he thought were all the right things ...he applied conventional wisdom mixed with a little TA theory...he even applied the law of physics....hell he may even have attended a SFM market outlook presentation where they talked about taking profit on BIL...the thing he didnt do ...which is the only thing he needed to do was look at the price....he did all the right things ...but unfortunately the market doesnt like smart asses

[JohnnyCash]

Guess there goes my cred out the window, jeezzz and im a numbers person!

[JohnnyCash]

Guess there goes my cred out the window, jeezzz and im a numbers person!

[john_1]

Nah! added to the drama. 25k is still a chunk of cash.

[JohnnyCash]

Interesting that DOW and TOP40 gave me a buy on Thur and Fri based on Trending and looks like TOP40's going to give another one today. Barring the odd small correction, plenty of upside... Well at least for the mo.

[john_1]

Well I hope so.. what is interesting to me, is the rising commodity basket prices in all curencies.ie. not just dollar weakness.

[Project_Directo]

and so at the end of the day he lost the S and became Kippy the, na, could be me or you next.roflmao

[Quakedog]

Just keep to your strategy mate, dont listen to the noise!!!

[dimitrius]

Skippy, I hope you were joking about your 25 contracts. Otherwise I hope you covered your short position yesterday. BHP isn't stopping any time soon.

[john_1]

Hey Skippy! please tell me you did not hold those Shorts.

[Project_Directo]

Up about 5% in Sydney, those Aussies just love mnr kloppers.

[#20]

No of course I didn't John. That's why there is such things as stop loss. Closed out my position just before the close yesterday. Looking to re enter that short on a close below yesterday's high.