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     yogiinoz
Member
Username: yogiinoz
Post Number: 2743
Registered: 10-2002Rating: N/A
Votes: 0
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| | Thursday, June 05, 2008 - 10:37 am: |  
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Hi folks,
Welcome to our 2008 Challenge - Series 8 Week 11. 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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coyotte
Member
Username: coyotte
Post Number: 601
Registered: 12-2002
Rating: N/A
Votes: 0
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| | Friday, June 06, 2008 - 12:40 pm: |
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Coyotte CUL LC
based on VSA this could be a nice short term play
cheers
(Message edited by coyotte on June 06, 2008)
This too shall change. (16th verse Tao Te Ching )
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captain_chaza
Member
Username: captain_chaza
Post Number: 3200
Registered: 02-2003Rating: N/A
Votes: 0
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| | Friday, June 06, 2008 - 03:10 pm: |
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Captain Chaza MAK LC
MAK is in a trading halt again this week so I guess I must hold for another week
Salute and Gods' speed to all brave souls
"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.
"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893
"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897
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gdd3
Member
Username: gdd3
Post Number: 303
Registered: 09-2002Rating: N/A
Votes: 0
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| | Friday, June 06, 2008 - 04:56 pm: |
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Dolphin, FCN, LC
Has traded down over the week to give us another T.A.Z. entry point today(T.A.Z. 2 on chart below). Just maybe the price action over the past two months is a very bullish "running correction" of its initial rocket powered move from the 16c double bottom to its 33c swing high on April 11th. Good support in the high 20's(co-incidently near the breakout level from its 8 month downtrend that was broken on May the 20th); so as long as that holds it should start building northwards from here.
Enjoy the long weekend in the East.
Cheers
Dolphin
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yogiinoz
Member
Username: yogiinoz
Post Number: 2747
Registered: 10-2002Rating: N/A
Votes: 0
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| | Saturday, June 07, 2008 - 10:34 am: |
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paul PRE L
Hi folks,
PRE ... no news as yet, but the volume over the past
few days suggests some accumulation going on ...
Will post an updated PRE chart, later.
have a great weekend
paul
P.S. ..... figure GCR may go for a run next week, as well.
=====
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coyotte
Member
Username: coyotte
Post Number: 602
Registered: 12-2002
Rating: N/A
Votes: 0
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| | Saturday, June 07, 2008 - 12:19 pm: |
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CUL :
Set-Up is based on Volume/Spread Analysis.
Chart explains the Why
point of interest : The last 5 minutes of Friday's Trading went from .145 to .150 on more Vol than the combined Vol up till 3.55 !
.
Cheers
(Message edited by coyotte on June 07, 2008)
This too shall change. (16th verse Tao Te Ching )
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velocity_boy
Member
Username: velocity_boy
Post Number: 43
Registered: 06-2007Rating: N/A
Votes: 0
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| | Saturday, June 07, 2008 - 01:34 pm: |
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velocity_boy AMP S
friday was pretty brutal for the dow IMO. Probably see this reflected early next week in our market.
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jimmyswell
Member
Username: jimmyswell
Post Number: 223
Registered: 07-2006Rating: N/A
Votes: 0
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| | Sunday, June 08, 2008 - 01:25 am: |
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jimmyswell ACS L
In a bit of a rush this weekend, so the logic may be a tad wobbly. The two recent high-wick candles have been breached by a steady climb within the following week or two. Reasonably respectable volume.
This selection may be a bit premature for a 1-week comp, but like I said, I'm in a bit of a hurry this week and this one smells like money.
(Message edited by jimmyswell on June 08, 2008)
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toby
Member
Username: toby
Post Number: 13
Registered: 03-2008
Rating: N/A
Votes: 0
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| | Sunday, June 08, 2008 - 05:00 pm: |
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toby BBP S
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lucky_phil
Member
Username: lucky_phil
Post Number: 62
Registered: 06-2006
Rating: N/A
Votes: 0
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| | Sunday, June 08, 2008 - 09:51 pm: |
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Lucky_phil GOG L
GOG has been continuing its steady rise lately & now above 150DMA. Week though positive close on stronger volume Friday. Rise on POO should be an overall positive.
Congrats to last weeks winners and good luck all for the coming week
Phil
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gohard
Member
Username: gohard
Post Number: 764
Registered: 05-2003
Rating: N/A
Votes: 0
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| | Monday, June 09, 2008 - 09:02 am: |
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gohard CAA L
Short week will require a great start lots of volatility expected.
good trading to all G
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tryhay
Member
Username: tryhay
Post Number: 1070
Registered: 09-2005
Rating: N/A
Votes: 0
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| | Monday, June 09, 2008 - 04:35 pm: |
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tryhay EGO L
Has been in consolidation for 9 months and some interesting price and volume action recently: pooped out of a pennant with 3.5c as target.
Chart: other indicators looking +ve
. 
Oil may just go higher to make the shorters cover this week - have been holding some since January sheesh
BTW CFE looks set for some action this week
(Message edited by tryhay on June 09, 2008)
Happy trading DYOR
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maxboost
Member
Username: maxboost
Post Number: 222
Registered: 12-2005
Rating: N/A
Votes: 0
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| | Monday, June 09, 2008 - 08:51 pm: | | |
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