Sterlite Industries India Ltd. (SLT)

[BOR1]

We have three more days to Q1 $$$.You don't have to be left behind $$$$ SLTD Q1 on Monday and SuNworks day or two after $$$$

[stocksablaze]

anyon here? looking for 15.00

[inflationista]

lolol - sorry friend. your english is so dam good i forget you're half way around the world!

[kmx_swing]

am lost with this type of English.... :)
and you know that! :))

[inflationista]

whoda thunk it?

[kmx_swing]

nice pullback? I remember I was ready to jump in it couple of weeks ago but if it goes back below 4.00....and then few days later I got in at 6.90 or so and was happy..... :))

[inflationista]

SLT has made a nice pull back here - on watch -

[kmx_swing]

yes, somebody stop it pls. I am getting seasick from looking at that huge neverending continuous climb :))

[stocksablaze]

wow haven't been here in a while. damn this puppy got all the way back over 10!! i owned shares in the 4'ssssss back in oct/nov..

[kmx_swing]

SLT is the bulliest bull of all bullish stocks....and I felt satisfied when I sold it close to eight... :))

[i_am_so_siri_hsm]

the decreasing dollar making for an increasing rupee is relly helping to hold up our adr shares.

[kmx_swing]

those Indian stocks have a green party today :)

[i_am_so_siri_hsm]

should hit about 10.50-10.75 today

[i_am_so_siri_hsm]

actually i have been holding a small amount, 2k shares, since early march. i like thier prospects on 3g but they just are not safe enough for me to put any large amount of money on.

[inflationista]

hey have you ever heard of mahanagar telephone nigram?

[i_am_so_siri_hsm]

great move today. hope it tests 500inr and surpasses. i am in in the 4's and plan to hold for 2-3 years. i think with power generation starting up, the addition of asarco, and the growth of thier aluminum production slt should easily make 25-30

[stocktalkpa]

No. I wasn't the one who was going to lower the boom. This stock is doing pretty good & was a good investment.

[inflationista]

did you ever lower the boom?

[kmx_swing]

those indians......
:)
SLT has no limits it seems

[inflationista]

wooooow -

:)

[i_am_so_siri_hsm]

looking good. earnings are soild. sure they were down but atleast they are still profitable. a report said that less than 5% of indian stocks will be profitable this year. i am in under 5.00 sold off half the position as it went up and going to hold the rest for a long time. if it dips i will add back. for proof check the hsm slt thread and see i have been in since december/january.

[kmx_swing]

yes, but it is my money..... :))

Soy, we are bit off topic here....bad for SLT
we can chat here for example...
http://investorshub.advfn.com/boards/board.aspx?board_id=11599

[inflationista]

dude - CENX has 3.65 cash/sh -

[inflationista]

don't be nervous, it's just money :)

[kmx_swing]

obviously nervous. I am in GNW, CNO and MTG now.... :))

[inflationista]

how you lookin today broham?

[kmx_swing]

no, because I do the same...:)
but first I am trying to make some selection, like this one
http://www.stocks.euweb.cz/stocks.xls

[inflationista]

would you think less of me if i told you i go mostly off of feeling?

as well as some TA and indicators -

[kmx_swing]

I cannot read the volumes and building of momo to feel comfortable to enter a stock...you do, right?

[inflationista]

now i know -

:)

[kmx_swing]

soy you know I am not momo or TA chart player...

my criteria are
1) Total debt less than revenue
2) book value must be multiply or at least 130% if the debt is really minimum (I want to be sure the shares are backed up by assets)
3) I prefer positive operating cash flow
4) liquidity of stock must be good

and I am digging for these stocks.... :)

That is why I have no bank there and that is why E Trade is not there as well (point 2). Even if very attractive for you.

That means if I am losing money on some stock, I can tell my self - calm down, you have got the value.....be patient :))

[kmx_swing]

PDC
ICO
IO
HUN
DWSN
VLO

these are also ok for me....

[inflationista]

ETFC and FITB needs to be on there -

[kmx_swing]

GNW
MTG
CNO
PNX
HERO
CENX
ZLC
PCX
MIR
NM
HWD
REXX
GIFI
USU
PVA

my watch list, I am back in CNO :) Iam crazy

[inflationista]

i am making an earnings call play on CENX -

going to hold over night -

chinese aluminum producer like ALCOA -

[kmx_swing]

I do not like this situation...short way downside is more probable... I have quit all my positions with some profit......this actual leveled situation on DJI I do not like....I am very afraid of EOD sell off..... :)

[kmx_swing]

or HEERO chart today.....up or down from here...very tight....nobody knows....nail biting situation :)

[inflationista]

ok, put FEED on your radar for a pull back -

[kmx_swing]

but at the end of the day you may be happy.....or maybe not.

Look at CNO chart and wait if it breaks 1.46 :)

[inflationista]

WHAT A SHITTY DAY TO SLEEP IN!!!

[inflationista]

i am all cash and scalping volume movers (like C) except for my ETFC which is avg at 104 with covered calls on all shares held -

i really think that we go down again before moving up, but i could be wrong - :)

IMO, of course!!!

[kmx_swing]

I was hardly reconsidering if I should jump off or not on Friday. But I Thought we will climb up till Wednesday and then we will make huge correction. So I wanted to get out of all my positions on wednesday noon....
But it came on Monday already...too early I think....So we will climb again a bit above 8000, maybe to your predicted 9300...

So I am holding and keep holding....We will see....:)
Are you out completely now
or keep on holding something?

[inflationista]

if i was buying for a 401k i would have no qualms getting in this one right now -

[inflationista]

dude - i don't think it's gonna make my window this time -

looky the MACD on the 60 min 7 week -

the first part of my favourite indicator is kicking -

[inflationista]

6.5 - 6.8

[kmx_swing]

:))

where do you want SLT to go, soy?
Where is your well hidden bait awaiting?

[inflationista]

come to me, my love -

come down and meet me -

LOLOL -

[inflationista]

it's bumping up against the 200 dma with a long handled hammer right now on the daily -

you may see some consolidation and have a chance to pick up a few shares below your sale price, but maybe not...

[kmx_swing]

I was simply not believing there is no correction......

[inflationista]

dude, this is one of the strongest charts i have ever seen, OMG -