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ASL, AUSDRILL LIMITED
arty
post Posted: Jul 30 2014, 12:53 PM
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In Reply To: alonso's post @ Jul 30 2014, 10:50 AM

Could it be that the media are a little behind the times?
All that moaning about Mining Services hitting tough times may have been justified a few months or a year go. But Aussie Engineers are an adaptive lot. A little shake of the sauce bottle - or make that WD40 - and it's running again.

See DOW.

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See ASL.

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I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
alonso
post Posted: Jul 30 2014, 10:50 AM
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I am at a loss (no pun intended) to understand the recent sustained rise here. There has been no news and all around MS stocks are tumbling. But that's the market.



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"The optimist proclaims that we live in the best of all possible worlds. The pessimist fears this is true"

"What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom." Adam Smith
 
arty
post Posted: Apr 9 2014, 10:45 AM
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In Reply To: alonso's post @ Mar 1 2014, 10:00 AM

Patience is needed. Long-time Support held again and that put ASL back on my shopping list.

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On the Daily chart, the bounce was clearly highlighted; ehrn the st falling trend was broken, I bought back in.

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Stop raised to Close Below 89c, but I rather suspect we'll get into the overhead gap before long.



--------------------
I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
alonso
post Posted: Mar 1 2014, 10:00 AM
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In Reply To: alonso's post @ Feb 26 2014, 02:40 PM

But not good enough. I suppose it was to be expected & not surprising they left it till the death last night.



--------------------
"The optimist proclaims that we live in the best of all possible worlds. The pessimist fears this is true"

"What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom." Adam Smith
 
alonso
post Posted: Feb 26 2014, 02:40 PM
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Today's contract details will either boost the effect of good results (out tomorrow?) or offset the downside.
Either way good news.



--------------------
"The optimist proclaims that we live in the best of all possible worlds. The pessimist fears this is true"

"What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom." Adam Smith
 
arty
post Posted: Dec 30 2013, 11:03 PM
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In Reply To: arty's post @ Dec 30 2013, 11:28 AM

The (red) 55-day EMA just above $1 is a bit of a concern. That's why I've set my stop a little higher than usual at 94c. However, momentum is still rising, and as long as it stays above the Bullish Divergence line, I guess the turn of trend is confirmed as fact.

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--------------------
I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)

Said 'Thanks' for this post: Nick1970  
 


arty
post Posted: Dec 30 2013, 11:28 AM
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In Reply To: arty's post @ Nov 22 2013, 10:46 AM

Finally in reversal mode.
I've been trading the swings and am now building a position - to be increased if it rises beyond $1.
Attached thumbnail(s)
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--------------------
I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
arty
post Posted: Nov 22 2013, 10:46 AM
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Posts: 13,078
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In Reply To: alonso's post @ Nov 22 2013, 10:41 AM

laugh.gif if you believe every innuendo you find in the Press, especially Murdoch papers, you may need "professional help" puke.gif

But yeah, some sections of the Investing Public may be influenced by those allegations. That's why press hacks love to throw mud.



--------------------
I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
alonso
post Posted: Nov 22 2013, 10:41 AM
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In Reply To: arty's post @ Nov 22 2013, 09:51 AM

I wonder if Ron Sayers' tax problems and Wal King's alleged doubtful dealings have had any

impact on this stock.






--------------------
"The optimist proclaims that we live in the best of all possible worlds. The pessimist fears this is true"

"What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom." Adam Smith
 
arty
post Posted: Nov 22 2013, 09:51 AM
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In Reply To: arty's post @ Nov 14 2013, 03:15 PM

82c filled; 80.5c still open and becoming less likely.

Attached Image


Can it get back to $1 within a week?



--------------------
I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
 


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