TOUCH DOWN

[asylum]

Hi Skippy whats your take on Kumba technically that is. Seeing that your a technical analyst would appreciate your comments. ta

[Project_Directo]

Skippo, this share should be at 300, i agree its a far larger picture to wonder why it isnt,imo.

[#3]

Kumba-IO: broke through very solid support without giving an upward reversal there for buying. This is one of the long-time market leaders and it was unable to hold above support. Minimum downside target now is 195. And it is to be shorted on bounces, to there. R237 is a good level to short after a bounce. Otherwise short at current levels as long as you're prepared to hold through any bounce that occurs.

[asylum]

thank you skippy i shorted at 232.00 and had a downside target of around 180.00 bucks but maybe overkill.

[#5]

Downside target is R155.00 and needs to break through R212.00 to get going!!!

[Russ]

Skippy,if you are going to quote Colin Abrams you should give him credit for it,otherwise it is just plagiarism.

[#7]

Sorry Russ, but all I did was use his summary. Doesn't matter where I get my info, it's still my opinion that counts. Just so you know, I'm good friends with Colin, i don't think he minds...

[Project_Directo]

Mate, 210 to 220 to get going i agree, the 7th isnt far off, looking forward to the big news, stay focused, just wonder if it will break in our London/jse market time or Sydneys.

[Russ]

I'm just saying this because he has a large paragraph regarding copyright in every newsletter.

[Project_Directo]

BHP BILLITON'S all-share takeover proposal for Rio Tinto is still "two ballparks away from fair value," Rio's Chief Executive Tom Albanese said today. "I am as comfortable saying that the three-for-one does not represent value for Rio now as I was back in November," he told reporters. Rio spurned an all-share takeover bid last November from rival BHP, saying the offer significantly undervalued the group and its growth prospects. BHP must make a formal offer by February 6 or leave Rio alone for six months under a deadline imposed by Britain's takeover panel. (Reuters News, Jan 25)

[Project_Directo]

Touch Down has been the theme of this thread for a short while, but i notice for the first time that the Aussie market is down say 2% but BHP tOUCHED UP 1%.INTERESTING, any conclusions welcome.

[asylum]

yes bhp signed contract with china to supply an extra 96 m tons of iron ore.

[Project_Directo]

Skipo, found a cool chart for Bil, i also found where your coming from on the 150 marker, ie circa retracement back to late 2004 levels, two other levels of support are at 180 and 205.,imo

[Ega]

Heck, just want to be part of this long post.

PD Hope you finish this on schedule and within budget before "They Kill Bill"

[Project_Directo]

Volume mate, thats whats needed here,imo.Still cant see it retracing to 2004 levels ie 150ish

[Project_Directo]

up down etc like a rodeo/kangaroo this morning, yee ha, enjoy the ride.lol

[Project_Directo]

Nicely does it Bil, up 5% in Sydney, news should be out today from London, all other related releases came out of London, so we should get the play on that one, provided we`re still open. All indicators are for a Bil max of 3.5 to 1 on the back of amazing recent releases re iron prices, shipping issues, record results etc. Marius KLOPPERS, now give them a klop.

[Project_Directo]

come on i want 100 posts on this thread, so i look better than David Beckhams 99,lol

[Preston]

MADEA WHOOPING R22000 on BIL. ENJOYING HONEYMOON...WHATZUP GUYS PD?LN are you riding the waves on Bil.. Chat later..sorry about the caps

[Project_Directo]

Presto,keep your head down there mate,lol We are good large mate, looks like the pricing in of the announcement which i feel is coming later the avo is forming.imho