2008 - Series 8 Week 1 ... ...

Chart Forum » Stocks - ASX: short term (strictly TA) » Weekly Stock Picks » 2008 - Series 8 Week 1 ...

«« « Previous Next » »»

Thread Start New Thread
Last Poster Posts Pages Last Post

Author

Message

yogiinoz

Member

Post Number: 2641
Registered: 10-2002

Rating: N/A
Votes: 0


Thursday, March 27, 2008 - 11:41 pm:

Hi folks,

Welcome to our 2008 Challenge - Series 8 Week 1. 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

:-)

=====

coyotte

Member

Post Number: 547
Registered: 12-2002

Rating: N/A
Votes: 0


Friday, March 28, 2008 - 12:06 pm:

Coyotte RMD LC

still needs a Close above $4.58
last week's P&F catapult pattern failed but still P&F Bullish.
chart over W/E

Cheers

The "Sea of Uncertainty" is defeated by the nimble vessel "Probability", not the unwieldy vessel "Prediction".

gdd3

Member

Post Number: 265
Registered: 09-2002

Rating: N/A
Votes: 0


Friday, March 28, 2008 - 02:23 pm:

Dolphin, SDL, LC....

Thought I would "re-support" this comp(and Yogi for all his hard work)and place an entry for the up and coming new quarter comp.

Choosing SDL as it appears to be showing signs of coming off a bottoming pattern(over the past 3 months)with a final thrust down from its 23c - 31.5c band to make a new low in mid March and now, over the past week or so, has retraced back into that band BUT on rising interest(vols.) and renewed momentum(eg. Williams%R14day...above resistance... yellow line). Aiming initially for a re-test of 31.5c but if we are to get the full affect of what I see as a "knee-jerk" trading action below that band(mid March lows)we could eventually see a move as high as about 39c.

If 2nd and 3rd entries would be allowed would include KEY and MAKO(not MAK as the Captain will probably like to stick to her for another week, right!)

Cheers
Dolphin

tryhay

Member

Post Number: 978
Registered: 09-2005

Rating: N/A
Votes: 0


Friday, March 28, 2008 - 06:38 pm:

tryhay MAH S

Plenty of options this week (banks looking poor) but expecting MAH to give the support another test-out later this week ...

Daily chart: has respected resistance (again) and indicators rolled/ing over to suggest another down week upcoming, without the 200D_MA to provide much support this time IMO; perhaps with support failure ...

mah

Here is hoping the swing lower matches the week's timeframe

Happy trading DYOR

lucky_phil

Member

Post Number: 52
Registered: 06-2006

Rating: N/A
Votes: 0


Friday, March 28, 2008 - 07:34 pm:

lucky_phil BKW L

Brickworks coming back from an oversold position with reasonable volume. Should at least hold up if the market decides to go south again.

Good luck to all
Phil

hibikijoji

Member

Post Number: 431
Registered: 08-2005

Rating: N/A
Votes: 0


Saturday, March 29, 2008 - 07:02 am:

hibikijoji AFG S

Round 2 of testing. Kissed EMA.

Disclaimer :
The views expressed here are for experimental practices only. They have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information.

Please consult your broker or financial adviser before making an investment decision.

toby

Member

Post Number: 1
Registered: 03-2008

Rating: N/A
Votes: 0


Saturday, March 29, 2008 - 10:40 am:

toby AOK L

new tipster here, been watching for a while & would like to have a crack at this new series.

Hopefully it'll stay above the moving average for the week. Appears to of broken old resistance.
Oil futures went down on Friday, but at least the energy sector is doing better than others.

gohard

Member

Post Number: 737
Registered: 05-2003

Rating: N/A
Votes: 0


Saturday, March 29, 2008 - 11:43 am:

gohard CNM L

Toss up between this and QGC for the choice this week.
Good trading to all G

coyotte

Member

Post Number: 552
Registered: 12-2002

Rating: N/A
Votes: 0


Saturday, March 29, 2008 - 01:58 pm:

RMD :
note: still bullish under P&F

.

The Long Term GMMAs are starting to compress, along with a slowing of the Down move. The Closing price action has now twice penetrated the L/T Avgs.

.

Riding the Upper BBs along with a possible second higher low

The "Sea of Uncertainty" is defeated by the nimble vessel "Probability", not the unwieldy vessel "Prediction".

hibikijoji

Member

Post Number: 432
Registered: 08-2005

Rating: N/A
Votes: 0


Sunday, March 30, 2008 - 07:41 am:

Change in selection:

hibikijoji PEM S

Kissed EMA. Consistent trend.

yogiinoz

Member

Post Number: 2643
Registered: 10-2002

Rating: N/A
Votes: 0


Sunday, March 30, 2008 - 11:45 am:

paul SSN L

Hi folks,

SSN ... has been trending down, since the highs
in November 2005 ..... made a weak morning star
with last Friday's price action.

..... has two positive time cycles, expected
early next week, that should also bring some
news ..... probably on Monday ... ??? ... :-)