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     bonkers
Member
Username: bonkers
Post Number: 5
Registered: 10-2005Rating: N/A
Votes: 0
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| | Sunday, December 04, 2005 - 05:10 pm: |  
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ERG double bottom November 11th and 14th 12c.
To go no lower than 12c (current price 12.5c) and to rise from present levels (resistance 15c)(which it touched on November 17th)(before then declining.)--accumulative--needs to get passed the 15c level--it will do it in time.
Floor to the shareprice created on the 4th of November--reinstatement to official quotation--12.5c.
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sway
Member
Username: sway
Post Number: 3
Registered: 12-2005Rating: N/A
Votes: 0
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| | Thursday, February 02, 2006 - 08:55 pm: |
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Starting to look like it has busted out of the 15c resistance level. On a day when the red ink was flowing to boot.
Sway
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bonkers
Member
Username: bonkers
Post Number: 19
Registered: 10-2005Rating: N/A
Votes: 0
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| | Friday, February 10, 2006 - 10:34 pm: |
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Hi Sway---below is an old newsclipping saved from 2003--the 10th of February through to the 26th of February is the Winter Olympics Torino Italy-regards,--bonkers
SMH ##May 16 2003##
http://www.smh.com.au/articles/2003/05/15/1052885346472.html
No urge for ERG
ERG's recapitalisation is due to take place over the coming weeks,
with $250 million worth of convertible notes being exchanged for 1.6
billion shares in the company.
But the market is still showing distaste for ERG's market-listed
securities, which are trading much lower levels than the predicted
15c, which represents the nominal share conversion rate of the notes.
Shares are trading near all-time lows below 9c, with the notes
similarly weak at marginally above $7.
With each note converting to 90 ordinary shares in ERG, note holders
are still favoured in the equation, effectively picking up shares at
just under 8c each at recent prices while shares closed yesterday at
8.7c.
These prices compare to an estimated net asset backing of 11c per
share after the recapitalisation.
Paterson Ord Minnett, the only broker still following the ticketing
vendor - and which is advising ERG on the restructure - said the
company could report a $17 million profit on revenues of $300 million
to $350 million next year.
If market sentiment has improved by then and ERG doesn't continue its
track record of disappointment, the result could underpin a share
##price of 15c to 20c based on current market earnings ratios, the broker said.##
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julles
Member
Username: julles
Post Number: 1635
Registered: 01-2003Rating: N/A
Votes: 0
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| | Friday, February 10, 2006 - 11:33 pm: |
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Well you've brought it to our attention, however none of the indicators on the chart pattern that I use, (my trading plan are telling me it's heading north.)
But heh I'm here to learn. So I'm open to listening.
Julles
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sway
Member
Username: sway
Post Number: 7
Registered: 12-2005Rating: N/A
Votes: 0
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| | Saturday, February 11, 2006 - 11:48 am: |
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Bonkers
Thanks for the reference but not sure how relevent it is after nearly 3 yrs? ERG traded up around 90c late 03/early 04 compared with 15c at the mo.
What were you getting at regarding the Winter Olympics in Turin?
Sway
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bonkers
Member
Username: bonkers
Post Number: 20
Registered: 10-2005Rating: N/A
Votes: 0
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| | Monday, February 13, 2006 - 01:48 am: |
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On Tuesday 12/11/2002 Ny Time ERG was trading at the critical level of 15.5c to 16c--this will be an important point in the sharetrend today for sure--just looking through some research notes. (not mine another trader--who was quite good on ERG during that period.)--something to get over--I use my own body as a trading count--today I'm a 9 in correlation with Nagasaki--and the Terminator--Gov of California. I use the seasons that the earth experiences as a trading tool---The Terminator was born in July--precisely July 30th---Nth American Chinese Valentines Day--I'm born in May Mental Health awareness month and trauma month Nth America. Half U.S. winter was 3 Chaplains day February 3rd--start of Spring Imbolc Ireland was February 1st.
There are 4 cardinal directions in a compass--the Western World regards North as the primary direction.
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sway
Member
Username: sway
Post Number: 8
Registered: 12-2005Rating: N/A
Votes: 0
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| | Monday, February 13, 2006 - 08:10 pm: |
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Hi Bonkers
Thank you for your snippets about ERG, even if it is 4 years old.
Sway
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bonkers
Member
Username: bonkers
Post Number: 21
Registered: 10-2005Rating: N/A
Votes: 0
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| | Thursday, February 16, 2006 - 04:20 am: |
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Hi Sway,
Today is the end of 3gsm World Congress 2006 13th to 16th Spain.
Motorola are in attendence---ERG has past alliances and agreements--long since terminated between the two company's--those alliances and agreements though still make up 8.1% of ERG's capital and in accountancy can be reawakened through the passage of time---good to keep up with developments as they happen in this area.
Today is
Start Ramadan
15 periods of 9 days 5/10/05
Biggest one day fall on the ASX since September 11th 2001.
source the nightly news on the tv set. (it didn't state Ramadan--but it did state the other words.)
=======
I was terminated by my employer yesterday Wednesday 15/2/06--official phrase used.
"work downturn"
I have asked the employment agency I am with to find me work somewhere else--hopefully (wrong of me to hope as you know good traders don't hope--LeFevere.)--they will---need to pay close attention to risk reward safety--opportunity cost of capital--etc so forth--cash flows have been cut off for me. The stress of it all has made my face break out in acne--I must get some proactive.
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bonkers
Member
Username: bonkers
Post Number: 22
Registered: 10-2005Rating: N/A
Votes: 0
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| | Sunday, February 19, 2006 - 10:45 pm: |
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The Terminator movie is on Channel 7 as I write.
======
He's good news for the bulls.
======
I have logged trade data on the stockmarket for 6 years--and have been watching prices during the trading day--and I have noted factually that the Terminator--is good news for the bulls--further I've done (using my electronic calculator) a count of calendar days between myself and him--and we match perfectly--sometimes when you do that you might only match on one number-a 9 or a 5--in his case we match on all numbers--don't even ask me to really explain it--why he is good for the bulls---all I know is I have observed the above for years--someone not looking at data--would think I'm crazy and delusional--I don't really care--it works for me (its not the only analysis I use obviously)I combine it with many other things)--he was also mentioned in the Daily Telegraph on the 11th 12th and 13th of January, he also came on tv once when CPU was travelling south at the shareprice of 6.74--the shareprice temporarily halted--during it's downswing at the time.
His birthday is July 30th
Mine is May 8th
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bonkers
Member
Username: bonkers
Post Number: 23
Registered: 10-2005Rating: N/A
Votes: 0
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| | Sunday, February 19, 2006 - 11:28 pm: |
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I have been reading up on weather patterns on the net--I read on a website--that February 3rd--in the United States--known as 3 Chaplains Day--is designated as halfway through the U.S. winter--which is 88 days.
As we start a new trading day on the ASX Monday 20th of February--Presidents Day.
Using electronic calculator--I note there are from this date
3 x9 =27 days left U.S. winter.
As a Gann trader learner--and someone who reads a lot of his stuff--I note this as important in understanding the sharetrend of ERG---noted also today is 20 Mayan days start Spring in Ireland--Imbolc on February 1st.
On another stock I do (CPU--it went south and made a bottom of 6.58 on Feb 3rd.)
I have read also that a day is defined as 24 hours--but because of time differences between countries--a date (as opposed to a day)--can contain up to 48 hours at any one time. On Tuesday---#tommorow February 21st#--it will be on Chinese Solar---Zhong Qi.
I also note the unusually hot weather we are experiencing here in Sydney as relevant to the sharetrend.
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bonkers
Member
Username: bonkers
Post Number: 24
Registered: 10-2005Rating: N/A
Votes: 0
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| | Monday, February 20, 2006 - 03:27 am: |
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32,585 days--6517 x 5 to my birthday in 2095---Transit of Mercury May 8th.
Citibank credit card is due today--must pay it.
(Message edited by bonkers on February 20, 2006)
<<< Bonkers, This post is off-topic -- please read the new forum rules >>>
(Message edited by colin_twiggs on February 20, 2006)
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bonkers
Member
Username: bonkers
Post Number: 25
Registered: 10-2005Rating: N/A
Votes: 0
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| | Wednesday, March 22, 2006 - 10:19 pm: |
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It is 45 days (all inclusive) to Budda's birthday May 5th 2006--set by solar and lunar observation---for years I studied ERG's fundamentals--they have improved (the company still has problems--better though now--at 12 odd a bargain with a timeview is my belief--to the lower level of trading range--sure many would have the same view---below some trading counts for Gann.
Cheers,--BK.
Gann and Fibonacci Relationships in the Universe
Below are some cycles that have been found by scientists and astronomers when studying the universe. Numbers that we have seen through this course (such as numbers that are or are near to Fibonacci numbers, or Gann multiples and fractions, are highlighted).
Note a tremendous amount of Fibonacci relationships!
Also, one of Gann’s major techniques for market timing was to use fractions of a circle, specifically into quarters, eighths and thirds, to count the number of days/weeks/months between highs and lows. For example, the circle has 360 degrees, 90 is one quarter, 45 is one eighth. Important numbers to count between highs/lows are therefore 30, 45, 60, 90, 135, (90 + 45), 150, 180, 210, 225, 270, 315, 330 and 360.
Rounding up one eighth of 90 is 11, two-eighths is 22, three-eighths is 33, 45, 56, 67, 78 and 90. These are other numbers to look out for.
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peterloh
Member
Username: peterloh
Post Number: 1621
Registered: 03-2003Rating: N/A
Votes: 0
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| | Wednesday, March 22, 2006 - 10:46 pm: |
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You must be a masochist to stick around for ERG.I know of some one who likes to trade ERG, you heard of up trending shares? If it is the bottom drawer, get rid of it.At least you can offset your captal loss against your capital gain.
Best Wishes
-------------------------------------------------
Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.
The views expressed here contain information derived from public available sources that has not been independently verified.No representation or warranty is made as to the accuracy, completeness or reliability of the information.Any forward looking information in this representation has been prepared on the basis of a number of assumptions which may prove to be incorrect.It should not be relied upon as a recommendation or forecast by the writer.
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bonkers
Member
Username: bonkers
Post Number: 26
Registered: 10-2005 |
