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  1. #1
    Senior Member
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    Oct 2002
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    ., , Australia.
    Posts
    539

    Smile 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



    =====

    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.

  2. #2
    Senior Member
    Join Date
    Oct 2002
    Location
    ., , Australia.
    Posts
    539

    Default



    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.

  3. #3
    Guru Crypto Crude's Avatar
    Join Date
    Dec 2006
    Location
    New Zealand.
    Posts
    3,804

    Default

    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

  4. #4
    Senior Member
    Join Date
    May 2004
    Posts
    1,023

    Default

    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

  5. #5
    Senior Member
    Join Date
    Oct 2002
    Location
    ., , Australia.
    Posts
    539

    Smile



    Hi folks,

    INP ..... nice hammer formed at recent lows, in a v-bottom and finished
    last week positive, though not much volume, as yet.

    Figuring on a minor positive cycle early in the week, with a positive spotlight
    to focus on INP, around 19-20112009 .....

    have a great weekend

    paul



    =====
    Disclaimer: yogi makes no claim to be a licenced investment advisor.

    Always consult your licenced advisor or other financial professional expert.

  6. #6
    Senior Member
    Join Date
    Oct 2002
    Location
    ., , Australia.
    Posts
    539

    Smile



    Hi folks,

    INP ..... ticking up slowly, ahead of a positive time cycle, later this week .....

    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.

  7. #7
    Guru
    Join Date
    Jul 2004
    Posts
    2,629

    Talking Dogs who might Fly

    Quote Originally Posted by yogi-in-oz View Post


    Hi folks,

    INP ..... ticking up slowly, ahead of a positive time cycle, later this week .....

    have a great day

    paul



    =====
    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

    '''''''''''''''''''''''
    '''''''''''''''''''''''''''''''''''''''''''''''''' '''''''''''''''''''''''''''''''''''''''''''''''
    http://www.youtube.com/watch?v=QovBLFZhQME

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