Antofagasta Share Discussion Threads

[diku] 13/11/2009 13:10

tb3...me thinks the christmas spending speculation is all built in the price...they might have to heavily discount the winter lines due to mild temperatures...for some reason I just don't like the style of their clothing despite such a high street prominient name...maybe I am an old fashioned...

[thebull3] 13/11/2009 11:36

hi diku, yeh been watching that one myself, not sure what price to short Next though, watched it sail through 2000p this morning, I was thinking it might rally ahead of christmas spending speculation, will keep watching, let me know if do anything and I might take a speculative punt

[diku] 13/11/2009 09:54

Any of you guys looking for a short might want to look at NXT...RSI overbought and correction well over due...No Advice Intended!...

[diku] 12/11/2009 17:39

Looking at top of the thread right chart it has so far similarities of the price rise of early October...and then towards the end of Oct we had the correction...are we going to have the same action?..

[omalaha] 12/11/2009 17:28

order to short at 906 missed by a whisker...frustrating when you can't screenwatch. wondering if this is trying to breakout.

[chillwill] 12/11/2009 16:41

mmm, still holding my short which is a little bit in profit now, but thinking there has to be more to go, not really had much of a pull back after a 150 point rise and the dollar seems to be picking up a little which should pull markets and commodities back

[diku] 12/11/2009 16:01

very low volume today...suggest no price action...

[diku] 12/11/2009 09:24

895.5p short closed at 876p..

[omalaha] 11/11/2009 13:46

short taken out at b/e...nothing gained, nothing lost - looking to go in again.

[chillwill] 11/11/2009 11:10

Ah, forget what I said - unemployment is actually stuck at 7.8%, it has risen slightly.

[diku] 11/11/2009 09:40

yes a lot of seasonal/part time/temporary employment at play...some of the employment agencies had a field day due to Royal Mail strikes...

Anto wants to get 900p out of it's system!..

[diku] 11/11/2009 09:37

tb3...I mentioned that just few days ago...probably shorts being hunted and very short term programme trades doing the damage..

[chillwill] 11/11/2009 09:31

just buying pressure overwhelming the sets system maybe?

UK unemployment has reduced for the first time since July 2008 down from 7.9% -> 7.8%, maybe the markets will rally on this news..... oh wait, they've already done that through speculation lol. Reckon the drop will be down to people taking on x-mas staff. Think the possibility of double digit unemployment in this country is still realistic

[thebull3] 11/11/2009 09:29

only 200,000 shares traded, doesn't make sense to me, why does it rise on such small volume, any idea's?

[chillwill] 11/11/2009 09:28

DOW has put on over 600 points since late last monday, really needs to come off the boil.

Gold is getting a bit silly, but I think it'll be much higher in dollar terms in the coming years as the dollar is unloved by all. Under 70 on the index probably isn't far away

[diku] 11/11/2009 09:25

This rally is on the back of Gold related speculative driven with FTSE heavy weights getting a free ride thus pushing the world indexes higher...Gold needs to pop!!...

[chillwill] 11/11/2009 09:21

added to mine 897p to average 885p now, mining index well at the top of its trend shouldn't really be much upside left

[diku] 11/11/2009 09:12

short at 895.5p..

volume looks well exhausted...RSI has turned down..but ANTO defies gravity!!...

[omalaha] 10/11/2009 17:00

short still running with stop still at 887/be - will trail the stop if it breaks 860 - looking for 50pnts at least.

[chillwill] 10/11/2009 15:49

re-opened at 873p, looks like it has broken out the 1hr upward trend and re-tested it at around 875p, although a retest of a more minor trend in the 890's may be on.

aiming for around 830p, the gap at 840p is about as near to certainty of getting filled as you can get anyway

[diku] 10/11/2009 15:21

My other short is still under water...if we do get a push down to 840p-850p I might have to close that at a small loss...but will offset with today's gains...

[chillwill] 10/11/2009 14:53

closed around 868p, nice quick drop but it might have further to go, may re-open if dow pushes it up a little

[diku] 10/11/2009 14:43

883p short closed at 866p..

[omalaha] 10/11/2009 10:30

doubled up at 892 - b/e stop at 887 - just letting it run for now.

[diku] 09/11/2009 21:24

tb3...I had similar target of around 932p...it could well gap up tomorrow morning to your target of 910p-920p..

RSI looks overbought and getting close to 100...even the chart only goes up to 100!!...