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     yogiinoz
Member
Username: yogiinoz
Post Number: 2677
Registered: 10-2002Rating: N/A
Votes: 0
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| | Friday, April 25, 2008 - 06:50 am: |  
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Hi folks,
Welcome to our 2008 Challenge - Series 8 Week 5. 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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malfrey
Member
Username: malfrey
Post Number: 13
Registered: 02-2008Rating: N/A
Votes: 0
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| | Friday, April 25, 2008 - 01:05 pm: |
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Yogiinoz,
I guesses that L stands for Long and that S stands for short.
Please can you advise what LC and SC stand for?
Malfrey
INCREDIBLE OFFER - only $12 USD per month
30 day FREE trial -
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malfrey
Member
Username: malfrey
Post Number: 14
Registered: 02-2008Rating: N/A
Votes: 0
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| | Friday, April 25, 2008 - 01:18 pm: |
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malfrey NWE L
All looks very innocent But this could be the week for some good results.
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yogiinoz
Member
Username: yogiinoz
Post Number: 2678
Registered: 10-2002Rating: N/A
Votes: 0
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| | Friday, April 25, 2008 - 02:14 pm: |
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Hi malfrey,
LC ... continuuing with a long, taken the previous week,
so next starting price will equal close of previous week ...
... but, only if your entry is made, before 4pm on Friday
of the first week.
Similarly, for SC on the short side .....
hope this helps
paul
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yogiinoz
Member
Username: yogiinoz
Post Number: 2679
Registered: 10-2002Rating: N/A
Votes: 0
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| | Friday, April 25, 2008 - 02:27 pm: |
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paul TIM S
Hi folks,
TIM ... has been on a slide, since end-of-financial year, on 30062006
and expecting a blow-off low, middle of this week.
This may backfire, as 05052008 should see a key reversal
cycle come into play ... one that has been VERY reliable
for TIM in the past, so would not be surprised to see some
buying late next week, as buyers anticipate this low.
have a great weekend
paul
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toby
Member
Username: toby
Post Number: 7
Registered: 03-2008
Rating: N/A
Votes: 0
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| | Friday, April 25, 2008 - 08:13 pm: |
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toby QAN S
industrials still look weak to me.
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coyotte
Member
Username: coyotte
Post Number: 564
Registered: 12-2002
Rating: N/A
Votes: 0
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| | Saturday, April 26, 2008 - 08:28 am: |
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Coyotte BOL L
.
L/T GMMA's compressing with upward turning,
price within L/T band.
The "Sea of Uncertainty" is defeated by the nimble vessel "Probability", not the unwieldy vessel "Prediction".
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lucky_phil
Member
Username: lucky_phil
Post Number: 56
Registered: 06-2006
Rating: N/A
Votes: 0
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| | Saturday, April 26, 2008 - 10:08 am: |
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Lucky_Phil PAG L
Primeag has been edging NE recently approaching ATH @ $1.90 with strong vol on Thursday following a ramp from Charlie Aitken. I'm hoping it will still have some legs next week to ascend above ATH and off into the blue sky!
Thanks Yogi for your effort and good trading to all
Phil
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jimmyswell
Member
Username: jimmyswell
Post Number: 206
Registered: 07-2006Rating: N/A
Votes: 0
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| | Saturday, April 26, 2008 - 01:33 pm: |
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jimmyswell TEY L
Torrens Energy has had a solid week of gains and is heading up towards crossing above its 150d average, following a positive announcement about some exploration discoveries.
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gohard
Member
Username: gohard
Post Number: 747
Registered: 05-2003
Rating: N/A
Votes: 0
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| | Saturday, April 26, 2008 - 02:10 pm: |
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gohard IDT L
Watch the green result. HA chart to give better definition.
Good week to all G
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tryhay
Member
Username: tryhay
Post Number: 1034
Registered: 09-2005
Rating: N/A
Votes: 0
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| | Sunday, April 27, 2008 - 10:09 am: |
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tryhay CNM L
Came up on a scan, looks to be consolidating and may just be ready for a bounce higher.
Daily chart: Indicators looking +ve here
BTW, BMX may just bounce as well but CNM looks better IMO
Happy trading DYOR
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aidleo
Member
Username: aidleo
Post Number: 43
Registered: 03-2006Rating: N/A
Votes: 0
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| | Sunday, April 27, 2008 - 01:43 pm: |
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Aidleo LNC L
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aidleo
Member
Username: aidleo
Post Number: 44
Registered: 03-2006Rating: N/A
Votes: 0
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| | Sunday, April 27, 2008 - 01:44 pm: |
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Aidleo LNC L
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TIM alert ... update 24042008 ...