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Online Share Trading

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Billiton

Reply
Preston
Super Contributor
Time to go long on BIL.
25 REPLIES 25
Quakedog
Super Contributor
Preston
Super Contributor
Cos, on my system , it is a buy.
prancing_horse
Super Contributor
@ Preston,Long term or to trade? My son bought today for long term, against my advice.
Preston
Super Contributor
@prancing, I bought equities and also cfd's. Time frame is short term.
prancing_horse
Super Contributor
When you say equities, you mean long term, that is 3 years plus?
Preston
Super Contributor
Under normal circumstance, it would keep this for 3 year, but my problem is, I do not trust this market, so once I have a sizeable profit and reversal is on the horizon, i dispose of the equity and bank the equity profit.
Eurostar
Contributor
I shorted BIL on Friday, i see some reversal happening along will all the resource stocks!
Preston
Super Contributor
Are you still short?
Eurostar
Contributor
Yes, i got a short to medium term view on it! Lets see how it plays out and hopefully doesn't take out my stops.
Eurostar
Contributor
Buyers eventually got fatigue ... Hope you closed the LONG !
Preston
Super Contributor
Nothing to do with Buyer fatigue. I will give you are clue, have a look at Sasol, and KIO.
Quakedog
Super Contributor
Did you take profit yesterday dude?
Prestonmyhusban
Regular Contributor
Sold some of cfd's.
Preston
Super Contributor
85% Out of Long Cfd's
Eurostar
Contributor
Im out :) what a day!! shu
Eurostar
Contributor
Im out :) what a day!! shu
Preston
Super Contributor
You pull the short trigger too early my friend.
Eurostar
Contributor
Preston i wish you told me too hold on a bit longer, i wanted too climb in higher again but missed the bus :)
Preston
Super Contributor
@Eurostar,I would not recommend shorting at these level. You did do well with your initial short. Keep your chin up :-). Market will provide you with many more opportunities.