Dragon Oil PLC, Clarkson PLC, Afren PLC, Melrose PLC

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Dragon Oil PLC - closed down a penny.  Opened £2.35 but after opening fun and games bought in at £2.25 but closed out at £2.24 - did reach £2.30 briefly.  Even had I realised that I would not have realised my percentage requirement.  This share satisfied all my criteria but my prediction was wrong - this could be the 30% that tend to be anyway or it could mean I need to further refine my criteria.  I will continue with my current criteria but make use too of Chaikin.  Clearly at this stage I cannot give up on a criteria based on one loss.  Nevertheless when I have made a profit they have not been great and further refinement is needed.  

Clarkson PLC - watch for learning as meets criteria but several days on trot and a day or two past stochastic may mean running out of steam.  Same for Alfren PLC.

Melrose PLC - price dropped today but testing solely one criteria which is that Chaikin moved up against this fall.

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This page contains a single entry by Stuart published on September 23, 2008 9:36 PM.

Petrofac Ltd, Dragon Oil PLC was the previous entry in this blog.

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