Incitec Pivot Ltd T.IPL

RE:RE:Swing Trade

[marketsense]

His Sarge,  for a conservative guy,  your'e more aggressive than me.  I just decided a few weeks ago to start swing trading agressively in my own portfolio and IPL seemed the perfect candidate.
I'm sure there are lots of others out there as you mentioned.   I'm more of a buy hold and collect
guy but this market is so volatile(manic is more like it) that swinging in stocks I already own 
seems the only way to go for now.  I think even your beloved ALA is a candidate as it is as 
volatile as the rest of them.  

I'm not breaking the bank on any of these trades by any means but I am making more than I
would by just sitting and doing nothing.  Actually my IPL trades have compensated me already for the measly dividend after they decided to cut so am happy about that.   Right now there is so
much uncertainty about the economy overlaid with massive bailout money and the consequential debt burden that its impossible to predict the future.   How will normal look like in a years time
is anybody's guess.  I'm not in the V camp but more in the L camp with certain sectors  in decent
recovery and others not at all.   Good luck to you as well,  although you don't seem to need much
of that.

MS