Thursday, January 5, 2012

In the market

Well Thailand and some short term work are finished for a while so have a break to earn some money in the markets. Action in the ASX has been sideways for a while since August to date within basically a 400 point range. Gold has been correcting and now is consolidating around US$1600ish although Iran issues might see it quickly spike up.
Into OGC at $2.05 with a target of $2.50. ROL entry at $1.20 with $1.50 target. CHN entry at .27cents was looking at exit at .34cents now revised and will exit today at .27cents or market. LSA entry at .90cents target of .97cents.
OGC and ROL trades going to plan at $2.28 and $1.37, LSA still at 90 cents.