Dragon Oil, JKX Oil & Gas, DTZ Holdings

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Dragon Oil - bought and sold to a profit within a few hours.  Already met minimum for the day so can be even more conservative for other two shares!

JKX Oil & Gas - price fell back today below my buy point so bought. But queue indicates sell pressure so perhaps today I should have waited for that to reverse before buying.  Bought too soon.  Stop loss in place. On reflection the price increase yesterday was great and not too surprising that it has ran out of steam today - though also today is back to swimming in historical lows - nevertheless we are in a critical time and further lows may yet be to come.  I could have foreseen this downward pressure based on queue dynamics and should have left alone.  Then I would have one positive on the day whereas now I will have a positive and a negative and end neutral.  

DTZ Holdings - can buy at a number of price points - had gapped up today but still at a level when could be bought.  Currently sell pressure in queue.  Watch.  Very little activity currently - price not picking up - not positive that the gap will be covered and bounced within the trading day.

Yamaha Gold not available - explore why that is.  A Canadian stock - not indicated by Sharescope.  Be careful with this.

Wednesday has seen the FTSE lose ground so would expect less pickings.


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This page contains a single entry by Stuart published on October 15, 2008 10:44 AM.

JKX Oil & Gas. DTZ Holdings, Dragon Oil, Yamaha Gold was the previous entry in this blog.

Profit requirements is the next entry in this blog.

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