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     yogiinoz
Member
Username: yogiinoz
Post Number: 2561
Registered: 10-2002Rating: N/A
Votes: 0
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| | Thursday, January 31, 2008 - 02:30 pm: |  
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Hi folks,
Welcome to our 2008 Challenge - Series 7 Week 6. Place
your entries in here, Please check the continuation rule.
New tipster's always welcome.
ENTRY CONDITIONS
Please ensure that all entries are made in the following format and on one line.
poster (lower case) ASX CODE (UPPER CASE) L - S - LC - SC (UPPER CASE) with shorts S in RED
e.g.: poster XYZ L
Please post details on the same line as per the above example.
(for faster cut & paste to spreadsheet)
Leave one line space before greetings, salutations and 'stock ramping'.
10:00 Deadline for all new entries.
LC entries must be made before the close of the market on the preceding week.
And here's the rules.
1) The competition is for thirteen weeks. Starting on Monday 31 December 2007
and finishing on 28 March 2008. That is, all contestants
start with an accumulated total of Zero and build it up
weekly from a starting stake of $5000. Only one stock
(per week) may be nominated by a competitor.
2)You must post a chart. No chart - no entry ... and briefly
explain your reasons for making your choice. Captions within
charts are acceptable. The purpose of the chart is to
clearly illustrate the reasons for your choice.
Note: For reasons of clarity Colin has requested that there should be no more than two indicators per chart. If you wish to show more indicators then please post two or more charts.
3)You must obey the Forum rules. I.e. no disrespect to other members.
4) Shorts are allowed - subject to the following guidelines:-
Anyone can enter a short - but it will be the responsibility of the entrant to ensure that it's on the official ASX list. I'm not going to check it myself. If any other competitors lodge a protest that the stock is not on the list - and that proves to be the case - then instant disqualification. Follow this link for available shorts http://www.asx.com.au/data/shortsell.txt
5) The judge's decision is final and no correspondence will be entered into.
6) (a) Continuation: Contestants may nominate that the stock they picked for the current week will also be their pick for the following week. However, this decision must be announced and posted in the new week’s thread BEFORE 4.00PM on the Friday of the current week. So you can post on Thursday night if you wish after the new thread has been posted.
(b) You may also have a fresh selection that can be posted from the Thursday night which will receive Fridays close price if posted before the close on Friday.
What this means is that if you either forget or purposefully refrain to nominate that particular stock as a continuation before Friday’s close but still choose to run with it in the following week then the starting price for your entry will be the new week’s Monday’s open rather than the previous week's (Friday) close.
If you wish to choose to pick one stock to last for the whole (or remainder) of the competition you may do so but you must clearly specify this before the appropriate close-off time. If you do this then you WILL need to make weekly “reminder” posts that you are continuing.
have a great weekend
paul
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yogiinoz
Member
Username: yogiinoz
Post Number: 2568
Registered: 10-2002Rating: N/A
Votes: 0
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| | Sunday, February 03, 2008 - 12:31 am: |
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paul FAR L
Hi folks,
FAR ... figure on 3 time cycles, coming out to play,
this week ...
have a great weekend
paul
=====
Incredible
Charts
now with US Data
- AMEX, NASDAQ and NYSE data
- OTC BB and Pink Sheet stocks
- more than 500 market and sector indices
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hershy
Member
Username: hershy
Post Number: 2199
Registered: 10-2002
Rating: N/A
Votes: 0
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| | Sunday, February 03, 2008 - 09:25 am: |
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This week I see so many bullish patterns on the charts, it is hard to know where to look first. Are we seeing a typical bear market rally or is the the start of the next bullish wave ?
I believe the first but hope the latter.
MMX has been performing just a wee bit better the the XAO.
It has produced a pennant and should the flagpole height be duplicated above breakout, the target is set at $5.28.
Friday's close has taken MMX above the Fibo 50% retracement.
A retest of breakout from the pennant may occur before a resumption of the climb to target though Friday night's US positive results would suggest no retest. (Though MMX does appear to dislike gaps)
Can MMX reach this pinnacle before the market runs out of puff once again ? I say YES !
Hershy MMX Long
"The universe is conspiring to make you succeed. Don't stand in it's way!"
http://members.optusnet.com.au/~hershy/
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gohard
Member
Username: gohard
Post Number: 716
Registered: 05-2003
Rating: N/A
Votes: 0
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| | Sunday, February 03, 2008 - 11:52 am: |
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gohard UGL S
With interest rates on the agenda a short this week is my choice.
A week of uncertainty should follow, market analysis towards a continuing downturn is high.
Thanks Paul for your effort G
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velocity_boy
Member
Username: velocity_boy
Post Number: 30
Registered: 06-2007Rating: N/A
Votes: 0
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| | Sunday, February 03, 2008 - 12:45 pm: |
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velocity_boy AED S
Broken through resistance. Dont see it turning up again any time soon.
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aidleo
Member
Username: aidleo
Post Number: 31
Registered: 03-2006Rating: N/A
Votes: 0
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| | Sunday, February 03, 2008 - 03:43 pm: |
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Aidleo ZYL again Reasons = Holding & Hoping
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aidleo
Member
Username: aidleo
Post Number: 32
Registered: 03-2006Rating: N/A
Votes: 0
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| | Sunday, February 03, 2008 - 03:44 pm: |
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ZYL L sorry
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jimmyswell
Member
Username: jimmyswell
Post Number: 172
Registered: 07-2006Rating: N/A
Votes: 0
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| | Sunday, February 03, 2008 - 06:15 pm: |
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jimmyswell HAO L
Haoma Mining is into gold.
There's a pennant shape going on and a lot of volatility since the start of the year.
Really hard to make a decent selection.
Nothing standing out from the scans.
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alvee
Member
Username: alvee
Post Number: 26
Registered: 08-2005Rating: N/A
Votes: 0
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| | Sunday, February 03, 2008 - 06:16 pm: |
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alvee RSG L
adx just turned up DI+ positive
only need the price to obey the rules
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sachs8
Member
Username: sachs8
Post Number: 84
Registered: 03-2006Rating: N/A
Votes: 0
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| | Sunday, February 03, 2008 - 08:46 pm: |
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sachs8 OGC L
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dendrobium
Member
Username: dendrobium
Post Number: 73
Registered: 04-2006Rating: N/A
Votes: 0
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| | Sunday, February 03, 2008 - 08:49 pm: |
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dendrobium SBM L
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bluedog
Member
Username: bluedog
Post Number: 512
Registered: 08-2005
Rating: N/A
Votes: 0
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| | Sunday, February 03, 2008 - 10:15 pm: |
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Bluedog PNA S
Finding a little resistance around .382 if this is just a bear market rally with gold's pullback may be enough to keep it low until the next drop.
Cheers
Bluedog
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yogiinoz
Member
Username: yogiinoz
Post Number: 2570
Registered: 10-2002Rating: N/A
Votes: 0
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| | Monday, February 04, 2008 - 04:37 pm: |
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..... Hershy, please be sure to format your entry,
properly ... !~!
( your nic) BHP L (or S)
ie ... on the FIRST line, as it makes it easier
to set up the weekly comp.
many thanks
paul
P.S. ... and we are still looking for a volunteer for the
recording and reporting of this weekly challenge,
from when the new academic year starts, next week.
If nobody puts their hand up, then only the entry
and exit details will be posted on Monday and
Friday, each week.
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FAR alert ... astrostuff update ...