Lightstream Resources Ltd. LSTMF

RE:Punjabi

[PUNJABI]

All oil stocks are trading higher with oil up. LTS top gainer up 14 % . Nnice pop again . LTS gapped up with new buyers & maybe some short covering. The whole sector was shorted. See some buyers coming back from the sidelines.

DId not see Peters so far.

Plan to sell some around $3.99 because it is around 50 sma. Did sell some incase it does not get there. I will hold on to some shares for the ride. I have selling too early syndrome cannot help it. I will reload on pull backs. If Opec cuts production & the stock does not pull back & buy lot more.

RSI has still some room & is not overbought neither is slow stochastic but fast stochastic is overbought which is prone to false signals it is used by fast trades.

If the stock runs over 50 sma it is going to get overbought. But if the oil runs up then the technical indicators can remain overbought for a long time as the oversold conditions lasted for a very long time.

20 sma is buy on pull back if there is one. I will rebuy well above that.

House Positions for C:LTS from 20141121 to 20141121

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
11 Macquarie	119,100	439,722	3.692	0			119,100	-439,722
24 Clarus	66,900	241,905	3.616	0			66,900	-241,905
89 Raymond James	21,300	78,727	3.696	0			21,300	-78,727
19 Desjardins	3,461	12,849	3.713	2,000	7,380	3.69	1,461	-5,469
58 Qtrade	1,000	3,680	3.68	0			1,000	-3,680
88 Credential	900	3,303	3.67	0			900	-3,303
143 Pershing	100	369	3.69	0			100	-369
28 BBS	0			12	43	3.583	-12	43
84 Ind Trading	1,077	3,921	3.641	1,150	4,219	3.669	-73	298
72 Credit Suisse	3,565	13,098	3.674	3,700	13,431	3.63	-135	333
39 Merrill Lynch	0			943	3,401	3.607	-943	3,401
83 Mackie	2,000	7,300	3.65	3,500	12,850	3.671	-1,500	5,550
124 Questrade	740	2,658	3.592	4,100	14,815	3.613	-3,360	12,157
1 Anonymous	73,800	273,733	3.709	80,500	297,055	3.69	-6,700	23,322
99 Jitney	7,600	28,403	3.737	14,500	53,194	3.669	-6,900	24,791
79 CIBC	109,586	404,288	3.689	116,550	431,337	3.701	-6,964	27,049
85 Scotia	31,345	114,687	3.659	38,783	140,577	3.625	-7,438	25,890
15 UBS	12	42	3.50	7,800	28,565	3.662	-7,788	28,523
9 BMO Nesbitt	36,875	136,053	3.69	44,920	163,840	3.647	-8,045	27,787
13 Instinet	35,900	132,634	3.695	44,600	160,560	3.60	-8,700	27,926
7 TD Sec	58,703	213,463	3.636	69,246	254,406	3.674	-10,543	40,943
33 Canaccord	0			11,825	43,403	3.67	-11,825	43,403
53 Morgan Stanley	14,600	53,701	3.678	32,700	121,151	3.705	-18,100	67,450
62 Haywood	0			19,800	74,274	3.751	-19,800	74,274
2 RBC	31,311	114,830	3.667	57,148	211,192	3.696	-25,837	96,362
80 National Bank	5,352	19,565	3.656	34,350	126,592	3.685	-28,998	107,027
101 SG Capital	9,300	34,089	3.665	46,400	170,735	3.68	-37,100	136,646
TOTAL	634,527	2,333,020	3.677	634,527	2,333,020	3.677	0	0