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Message |
     yogiinoz
Member
Username: yogiinoz
Post Number: 2698
Registered: 10-2002Rating: N/A
Votes: 0
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| | Thursday, May 08, 2008 - 06:35 pm: |  
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Hi folks,
Welcome to our 2008 Challenge - Series 8 Week 7. 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 March 2008 and finishing on 30 June 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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lucky_phil
Member
Username: lucky_phil
Post Number: 58
Registered: 06-2006
Rating: N/A
Votes: 0
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| | Friday, May 09, 2008 - 04:05 pm: |
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Lucky_phil SGL LC
Will post a chart when I get home but broke up from a flag pattern today
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coyotte
Member
Username: coyotte
Post Number: 571
Registered: 12-2002
Rating: N/A
Votes: 0
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| | Friday, May 09, 2008 - 04:07 pm: |
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Coyotte BOL LC
may have set a 3rd higher low, along with a McLaren long trigger .
chart over w/e
The "Sea of Uncertainty" is defeated by the nimble vessel "Probability", not the unwieldy vessel "Prediction".
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malfrey
Member
Username: malfrey
Post Number: 16
Registered: 02-2008Rating: N/A
Votes: 0
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| | Friday, May 09, 2008 - 06:21 pm: |
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malfrey adx lc
keep going on a good thing
(if too late for C(continue) just go with L)
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coyotte
Member
Username: coyotte
Post Number: 572
Registered: 12-2002
Rating: N/A
Votes: 0
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| | Saturday, May 10, 2008 - 01:05 pm: |
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BOL
Friday gave a good Entry point for BOL , with several well defined STOPS:
1: any breach of the 1.12 High puts the stock back into McLaren Creeping Trend (unresolved) Hence all bets are off.
2: any breach of HL2 is also a McLaren STOP (HL2 was not the 2nd Higher Low)
3: from a Guppy GMMA view any CLOSE below the long term (red) could be used as a longer term STOP.
.
L/T GMMA's compressing and turning UP -- S/T may enter but must not breach below the L/T.
.
from a McLaren view , we may have just put in the 3rd higher low with a possible GAP between the Low and High, all entry signals
Cheers
The "Sea of Uncertainty" is defeated by the nimble vessel "Probability", not the unwieldy vessel "Prediction".
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jimmyswell
Member
Username: jimmyswell
Post Number: 211
Registered: 07-2006Rating: N/A
Votes: 0
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| | Saturday, May 10, 2008 - 04:34 pm: |
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jimmyswell VEC L
Vector resources has had a good week and has some nearby resistance lines to test.
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yogiinoz
Member
Username: yogiinoz
Post Number: 2701
Registered: 10-2002Rating: N/A
Votes: 0
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| | Saturday, May 10, 2008 - 06:20 pm: |
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paul AKK L
Hi folks,
AKK ... nice hammer at the end of a price slide, with
increased volume ... would like to see a test of Friday's
low early this week, to give us a better downside candle
count, but that may not happen.
Expecting a rally mid-week, as an aggressive positive
cycle comes into play.
A close above 38 cents, with volume may signal a
breakout for the next upleg, with a price target
around 63 cents.
have a great weekend
paul
P.S. ... MAK = a big positive move this week, to surprise the market???
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gohard
Member
Username: gohard
Post Number: 756
Registered: 05-2003
Rating: N/A
Votes: 0
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| | Sunday, May 11, 2008 - 12:11 pm: |
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gohard BLK L
This is a big call but the indicators are in favour of a nice rise COE would be my next choice.
all good G
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toby
Member
Username: toby
Post Number: 9
Registered: 03-2008
Rating: N/A
Votes: 0
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| | Sunday, May 11, 2008 - 12:12 pm: |
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toby DMA L
broke the down trendline on Friday with a share price spike with strong volume
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philr
Member
Username: philr
Post Number: 408
Registered: 04-2004Rating: N/A
Votes: 0
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| | Sunday, May 11, 2008 - 01:00 pm: |
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philr MEO L
Maybe starting a move TA is very bad but I'll give it a go for this competition.
Phil
** Let blockheads read what blockheads wrote.
Warren Buffett
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aidleo
Member
Username: aidleo
Post Number: 47
Registered: 03-2006Rating: N/A
Votes: 0
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| | Sunday, May 11, 2008 - 10:44 pm: |
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Aidleo NSL L
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aidleo
Member
Username: aidleo
Post Number: 48
Registered: 03-2006Rating: N/A
Votes: 0
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| | Sunday, May 11, 2008 - 10:45 pm: |
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Aidleo NSL L
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sachs8
Member
Username: sachs8
Post Number: 99
Registered: 03-2006Rating: N/A
Votes: 0
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| | Sunday, May 11, 2008 - 10:52 pm: |
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sachs8 NIO L
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Auto-Fit Trendlines
AKK alert ..... astrostuff update .....