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2008 - Series 8 Week 9 ... ...

Chart Forum » Stocks - ASX: short term (strictly TA) » Weekly Stock Picks » 2008 - Series 8 Week 9 ...

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yogiinoz

Member

Post Number: 2721
Registered: 10-2002

Rating: N/A
Votes: 0


Friday, May 23, 2008 - 01:36 am:

Hi folks,

Welcome to our 2008 Challenge - Series 8 Week 9. 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

:-)

=====

yogiinoz

Member

Post Number: 2722
Registered: 10-2002

Rating: N/A
Votes: 0


Friday, May 23, 2008 - 04:45 pm:

;)

paul AZZ LC

Hi folks,

AZZ ... expecting a couple of positive time cycles, next week ... :-)

Chart later.

have a great weekend

paul

:-)

=====

tryhay

Member

Post Number: 1051
Registered: 09-2005

Rating: N/A
Votes: 0


Friday, May 23, 2008 - 04:59 pm:

tryhay BHP LS

At lease price action headed in the right direction this week, & I think some O'head resistance will be too much to stop the swing higher and momentum slowing

bhp

Holding short shorts....

(Message edited by tryhay on May 23, 2008)

Happy trading DYOR

coyotte

Member

Post Number: 587
Registered: 12-2002

Rating: N/A
Votes: 0


Saturday, May 24, 2008 - 11:54 am:

Coyotte HGI L

if the "tweezer bottom" comes out as the 3rd higher low , then a break above the "Low before High" at 2.69 is needed.

HGI(LSE) was UP overnite (in a DN market) but ran into resistance at this level.

a P&F at 3*.05 is showing support at the current low , with a exit at 2.55 box.

hgi.pdf (313.7 k)

This too shall pass.

joshua

Member

Post Number: 19
Registered: 06-2007

Rating: N/A
Votes: 0


Saturday, May 24, 2008 - 04:07 pm:

joshua SRZ L

I would like to see the gap mid last week close and the price to move above 0.220, but we'll see. :-)

lucky_phil

Member

Post Number: 60
Registered: 06-2006

Rating: N/A
Votes: 0


Saturday, May 24, 2008 - 06:14 pm:

Lucky_phil ARQ L

Congratulations to last weeks winners and thanks to all those whose work keeps the comp running.

ARC energy has been rising steadily on growing volume since early March. May encounter some overhead resistance at 1.64 but with all indicators pointing up should continue NE (I hope!).

Good luck all for the coming week
Phil

jimmyswell

Member

Post Number: 217
Registered: 07-2006

Rating: N/A
Votes: 0


Saturday, May 24, 2008 - 07:08 pm:

jimmyswell ZGM L
zgl

Gold has been climbing.
Zamia Gold Mines has too, had a retrace and is heading back up.

hibikijoji

Member

Post Number: 452
Registered: 08-2005

Rating: N/A
Votes: 0


Sunday, May 25, 2008 - 11:27 am:

hibikijoji ARQ L

Price steadily rising

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.