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INP ..... astrostuff update ..... :)
Hi folks,
Shades of Arwon ... how does all the irrelevant
fundamental theorizing help traders to make
better entry and exit decisions ..... ??
For traders, such exercises simply make trading
more confusing and stressful than is really
necessary, because it generates unnecessary
information overload.
Whatever happens downhole will soon be reported
by the company and duly acted upon by the markets.
So, let's forget about all the peripheral garbage and
just deal with the facts, which will also be reflected
in the INP price chart ......
..... in the interest of presenting some PRACTICAL
help for those trading INP, we can look at the chart,
in two ways.
Firstly from a price perspective, the current level
of 77-79 cents is key support zone. On a break
to the downside, we may expect further support,
at about 68, 58 and 55 .....
Secondly, on the time axis, we can see some fixed
time cycles falling due for INP, over the next month
or so:
November 2004 ..... 19 and 23 ( this one negative?)
December 2004 ..... 01 ..... minor cycle and news?
10 ..... minor cycle
15 ..... major monthly cycle ... finance-related?
22 ..... major monthly cycle ... strong move expected?
Hope this helps some traders, in a PRACTICAL way .....
happy trading all (to those that trade)
yogi
http://easy-trading-tools.00cd.com
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Last edited by yogi-in-oz; 14-11-2009 at 02:30 PM.
Disclaimer: yogi makes no claim to be a licenced investment advisor.
Always consult your licenced advisor or other financial professional expert.
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Hi folks,
INP ..... Top 20 report, showing they own only 38% and 5,8oo + other
holders, owning 114m shares.
Looking ahead, with some astroanalysis, time cycles suggest INP will be
mostly negative, until July 2008:
18012008 ..... minor and positive light on INP
22012008 ..... minor, but long-term changes (finance-related???)
15022008 ..... minor and positive, but flat trading expected here
18022008 ..... 2 cycles focus negative spotlight on INP
22-26022008 ..... minor and negative cycle here
10-13032008 ..... 3 significant cycles ... negative news expected here
17-18032008 ..... positive spotlight on INP ...
01042008 ..... significant and positive news expected here
04042008 ..... positive cycle ... finance-related ???
16-17043008 ..... 2 difficult cycles = pullback ???
28042008 ..... minor and negative cycle
01052008 ..... significant and negative news expected here
05052008 ..... significant and positive cycle
16-19052008 ..... negative spotlight on INP
22-23052008 ..... significant and negative ... finance-related???
..... INP should start its next round of positive cycles, about 10072008
and in late-December 2008, INP should be rallying strongly.
More later .....
have a great day
paul
Disclaimer: yogi makes no claim to be a licenced investment advisor.
Always consult your licenced advisor or other financial professional expert.
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Yogi,
As per your tip--->Mid July has been and Gone...
INP was 80cents in mid July... now its 47cents, down 30% today...
I see it all too common these days...
Oil stocks run and most of the time give back all the profits...
You just got to take profits- unless of course you get a good feeling...
On this occasions Id say you made a pretty good call on INP with overall it falling as per your sentiment, but the Rally in July was short lived...
.^sc
BITCOIN certified rat poop. NSA created, Expensive to send, slow, can only trade on cex, no autonomy, spaghetti code, has been hacked, accidental Backdoor brc20s whoops, no one building on it, alienated all cryptos against it, volume is fake, few whales control large supply... it will perform though
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So true SC. You've got to take your profits on the oilers because very few companies manage to have trouble free production start ups.
I was still holding a few INP and dumped them on open today. I was holding because of the large perceived upside in the field size but now with that being called into doubt I have no reason to hold. It was clear a while back that management weren't up to the job and I should have bailed at that point
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Dogs who might Fly
Originally Posted by yogi-in-oz
Hi folks,
INP ..... ticking up slowly, ahead of a positive time cycle, later this week .....
have a great day
paul
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WELL Paul u seem to be getting a hiding on this dog of the Oilers.
ORG:Exploration Update - Rockhopper 1 confirmed as new field
I have taken a punt and bought in today, on the good news and we have the sidetrack happening at the moment. The market has a short memory.
So I am gambling that it is near the end of it's downtrend and will soon fly.
INPInnamincka Petroleum Limited FPO Line Type LineCandlestickOHLCPercent Period 1 Month2 Months3 Months6 Months1 Year2 Years5 Years10 Years
Moving Average 1 5 day10 day30 day60 day90 day120 dayNone
Moving Average 2 10 day30 day60 day90 day120 day180 dayNone
P Asset Summary Bass Basin Initial entry via 5% interest in T/18P acquired July 2009
• Trefoil 2 appraisal well drilled Nov-09 confirms Trefoil gas
discovery and delineates field
• Potential supplement to Bass Gas Project (Yolla)
• Rockhopper 1 exploration well drilled Dec-09 discovered
oil and gas in multiple sands
• Sidetrack pending to confirm resource size
• Further exploration upside potential adjacent in Gentoo
Arrangement to acquire 7.5% of BassGas Project signed
Nov 2009
• Liquids rich field with capacity to produce 5.1MMBOE/pa (6)
• Provides long term stable cashflow and earnings base
• Exploration upside and/or T/18P tie-in have potential to
provide long term extension of field life
Cooper/Eromanga Basin • Currently operating 6 PRLs/PELs in the Cooper Basin
• Flax Oil Field is producing ~ 300 bopd (7)
• Significant exploration and appraisal potential exists
• Gas aggregation strategy targeting reserves of 100 Bcf
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