2008 - Series 8 Week 13 ... ...

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yogiinoz

Member

Post Number: 2760
Registered: 10-2002

Rating: N/A
Votes: 0


Friday, June 20, 2008 - 01:09 am:

Hi folks,

Welcome to our 2008 Challenge - Series 8 Week 13. 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: 2761
Registered: 10-2002

Rating: N/A
Votes: 0


Friday, June 20, 2008 - 11:38 am:

paul EGO LC

Hi folks,

EGO ... expecting 2 positive time cycles to slot
into place, next week ... !~! ... :-)

Updated EGO chart, later.

have a great weekend

paul

:-)

=====

captain_chaza

Member

Post Number: 3214
Registered: 02-2003

Rating: N/A
Votes: 0


Friday, June 20, 2008 - 05:01 pm:

Captain Chaza SRZ LC

Salute and Gods' speed to all

"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

toby

Member

Post Number: 15
Registered: 03-2008

Rating: N/A
Votes: 0


Sunday, June 22, 2008 - 11:09 am:

toby CGF S

consolidation of SP, looking for it to break down. Financial sector one of the weakest at the moment(almost at March's lows).

tryhay

Member

Post Number: 1081
Registered: 09-2005

Rating: N/A
Votes: 0


Sunday, June 22, 2008 - 05:54 pm:

tryhay SRL S

Better to be short than long this week IMO. SRL has had lots of good FA news but bad TA chart.

Daily chart: Engulfing candle on average volume can not be a good sign, dropped out of support, most indicators looking poor + negative divergence doesn't help

srl

FWIW EGO may just bounce higher (as yogi suggests), and BHP is likely to revisit the 200D_MA)

Happy trading DYOR

dendrobium

Member

Post Number: 93
Registered: 04-2006

Rating: N/A
Votes: 0


Sunday, June 22, 2008 - 06:50 pm:

dendrobium BOL S

yogiinoz

Member

Post Number: 2763
Registered: 10-2002

Rating: N/A
Votes: 0


Sunday, June 22, 2008 - 07:58 pm:

paul EGO L

Hi folks,

EGO ..... updated chart, as promised:

EGO alert ... 20062008 ... :-)

egoupdate20062008.pdf (44.5 k)

happy days

paul

:-)

=====

lucky_phil

Member

Post Number: 64
Registered: 06-2006

Rating: N/A
Votes: 0


Sunday, June 22, 2008 - 09:09 pm:

Lucky_phil AVE L

Probably a good week for shorting but I'll stick with a long pick. AVE had a strong day on Friday and has recently refinanced its borrowings for potential organic growth or acquisitions.

Good luck all for the coming week

Phil

sachs8

Member

Post Number: 105
Registered: 03-2006

Rating: N/A
Votes: 0


Sunday, June 22, 2008 - 09:19 pm:

sachs8 PNA L

jimmyswell

Member

Post Number: 231
Registered: 07-2006

Rating: N/A
Votes: 0


Monday, June 23, 2008 - 02:32 am:

jimmyswell TAL L
tal

After 3 weeks of ranging, Tower Aust Group last week resumed the climb it's been on since March. I expect it to drop a bit on Monday and then rally back up during the remainder of the week.