May 6th 2010==the Dow dropped 1000 in one day.=Oz Time May 7th=the low for Qan 253 -- pest/shock

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Date Posted: 12:27:48 08/24/10 Tue
Author: yes Im sexual deviant no use hiding it Essie
Subject: May 6th 2010==the Dow dropped 1000 in one day.=Oz Time May 7th=the low for Qan 253

Dow has fallen below 10.000 then recovered. Tuesday August 24th.
It crossed over 10.000 July 7th 2010 (July 8th Oz)
Essie first day of arbitrage.
Qantas stock severely hammered to downside.
Tuesday 24/8/2010 1.12pm==physical stock 252 low futures 253.5.
Cebot expiry Chicago Saturday 21/8/2010.
Dow fell below 10.000 Aug 24th (25/8==Oz.)
futures set to zero at 4.30am.
Trading up off lows as settlement is effected this week.
Valuations for Qantas with investor cap on as opposed to trading,
with a 12 month view.
Macquarie Equities buy at ##2.33 date of report 27/6===##
went down to a low of 212=July 6th (All Ords low 4250.60 July 5th)
Another recent report with 12 month view 3.55 Citi brokers.
Qantas profits are still basically stuffed from the GFC of 2008.
But show improvement (underlying earnings have tripled.
Last profit report Thursday August 12th 2010. Traded low 243.
NTA has risen from 2.25 to 2.35.
Theres always a lot of volatility around this period,
its a second major low for Qan.
The last major low==50 days.
July 6th to Aug 24th.
After things settle down a little should gradually rise.
No guarantee's with this sort of thing, thats the theory anyway.
If it doesn't happpen you'll know Im a bum and a tosser who lives in a park!
What it needs to do is get conclusively above the 260 mark
and then build support above that figure, if I see it do that
over the next few days, to me it will look good extreme short term
and instead of a totally destitute bum in the park, I become a slightly
wealthier bum!
I'm only a mosquito in the equation my funds are very meagre, I often can't attend
things I would like to do,various appts etc, in order for me to climb out of poverty
my sole attention is Qantas so I watch it like a hawk.
If I deal with any govt org, its a nightmare for often it conflicts
with the above and I simply cannot attend.
This even includes creative writing Big Issue every Thursday.
2pm to 4pm too market sessitive. (No point learning how to write and
then getting wiped out financially, its not a free course then it costs.)
To give you an idea the last time I attened creative writing Thursday
May 6th 2010==the Dow dropped 1000 in one day.=Oz Time May 7th=the low for Qan 253
No thanks too expensive.
=========
Thankyou for your recent help.
Regards,---Steve.

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