Kaz Minerals Share Discussion Threads

[losses] 19/9/2017 12:54

Bought back in yesterday after selling out 760-800

[racg] 19/9/2017 12:45

Ok, I ll draw a truce. Back to Kaz:)

[losses] 19/9/2017 12:33

Frustration kicks in ... don't worry about it lol... love you both :)

[arja] 19/9/2017 12:16

losses = ok but I only reacted to his comment . ( wry smile )

[fuji99] 19/9/2017 11:18

Just topped up as miners will now recover from here. It's their turn ...

[racg] 19/9/2017 10:54

Hehe, those were the days:)

[losses] 19/9/2017 10:06

Easy go Arja... me and Racg been with KAZ for years of hard times... lost almost everything when these hit 70p..

[arja] 19/9/2017 08:54

oh, the imbecile has appeared with the usual constructive comment !

[arja] 19/9/2017 08:16

NOR situation and hence likely to keep going with the inevitable dips on profit taking . KAZ down again as copper price slipping slightly

[plastow] 19/9/2017 08:10

Wondering how far this Dow is going to go ??

[glenkaz] 18/9/2017 19:13

Foooooking hell you guys hardcore 🤡✌A039;

[bigbigdave] 18/9/2017 16:51

Large Uncrossing trade nearly 372k

[losses] 18/9/2017 16:39

There seems to be a lot of discussion at the moment about the triggers for the next bear market – understandable given we have now seen 102 months of bull market in the US; the longest occurred from 1990 and lasted 115 months.Peter Oppenheimer has looked at 40 variables going back almost 200 years (starting with the Panic of 1837) to ascertain i) which are the best forward indicators of a bear market and ii) where we stand now.We use US data as it goes back the furthest, and a US bear market almost always results in a European bear market.Couple of things stood out to me:1) There are 3 different sorts of bear-market:Cyclical bear markets. The most common, typically driven by a rate cycle. Typically see price declines of 30% and last 2 years.Event-driven bear market. driven by an exogenous shock, eg war or oil spike. Typically see price declines of 30% and last for a brief period, avg 6 months.Structural. Driven by rapid unwinding of structural imbalances such as banking crises or financial bubbles. These are the worst – they typically see price declines of 50-60% & last 3-4 years.[cid:[e-mail]2961D0]2) Indicators are patchy at best, but (very low) unemployment is the most accurate.- There are a number of false positives, with "technical" factors the worst at forecasting a bear market (eg %-age at 52 week high, market breadth, S&P Vol).- In contrast, low unemployment has an accuracy of 83%, as does high Shiller P/E.- Combining 5 indicators (unemployment, inflation, yield curve, ISM and valuation) gives the most accurate picture: we are in the 67th %-ile on that basis, or a 62% chance of bear market over 12m.[cid:[e-mail]2961D0]3) Although we are close to the "red zone" we do not expect an imminent pull-back, just very low returns.- Low rates, and the market expectations of low rate in the future, mean that they are not likely to spike sufficient to generate a recession in the next 12 months

[manics] 18/9/2017 15:10

Surprising this, given Cu today, but then here we are at KAZ.

[arja] 18/9/2017 14:46

losses - thanks and I will do that later after market closes . Copper trying to turn but quite a struggle - might trade copper with a spreadbet at some [point as a tight spread /

[losses] 18/9/2017 14:26

Sorry I meant testing the supports levels.

[losses] 18/9/2017 14:25

Arja read that article I posted above on copper... medium to longer term copper will go higher... At the moment short term testing the lows. China also relaxing regulations which will help equities.

[losses] 18/9/2017 14:16

760+ coming in the afternoon

[arja] 18/9/2017 13:13

motoring a bit now though even with no support from copper price !

[arja] 18/9/2017 08:22

yes, a weak bounce indeed at opening .

[samdb] 18/9/2017 08:08

Probably need some copper stability for a few days before KAZ reacts positively.

[arja] 18/9/2017 07:33

copper has risen slightly to 296 area and with FTSE to open about 25 points higher it might augur well for KAZ.

[losses] 18/9/2017 06:38

Comex High Grade Copper Price Futures (HG) Technical Analysis – Headed to $2.8405 to $2.7605 Value Zonehttps://finance.yahoo.com/news/comex-high-grade-copper-price-162725680.html

[napoleon 14th] 16/9/2017 10:28

London's pull back compared to European markets can be partly down to the fact that most significant miners are quoted here, in the same way as the metals exchange is in London, not Paris or Frankfurt, so any cooling off is going to affect us more than the others.
Add the hit insurers will take on the hurricanes (lucky the second avoided Miami!),
interest rates hitting builders too, that's part of it & pharmas sell in $ - that's another, manufacturers and industrial exports tougher with stronger £ too, so several reasons - which just makes punters follow the selling like sheep IMO while the most reecent & biggest profits are taken, which are miners, believe it or not!

In other words, a perfect mini-storm. When/if things get back to normal the upward trend will resume, even if not in a straight line. Anyway, if a good shakedown in Sept avoids us a crash in October, I'm all for it!