2008,,,Series 9 Week 7,,,

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ragchewer

Member

Post Number: 182
Registered: 02-2005

Rating: N/A
Votes: 0


Friday, August 08, 2008 - 01:13 pm:

Hi Tipster's,

Welcome to our 2008 Challenge - Series 9 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 30 June 2008
and finishing on 27 September 2008. 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.

Good Luck Tipster's

:-)

=====

yogiinoz

Member

Post Number: 2798
Registered: 10-2002

Rating: N/A
Votes: 0


Friday, August 08, 2008 - 01:56 pm:

paul TSV LC

... chart later ... and many thanks for your efforts, Rags.

have a great weekend

paul

:-)

=====

gdd3

Member

Post Number: 335
Registered: 09-2002

Rating: N/A
Votes: 0


Friday, August 08, 2008 - 02:15 pm:

Dolphin...MDT, LC

MDT, my "unofficial" entry of last week, looks like it would have been good enough to "take the trophy". Anyway, I'm still believing it has some more upside....still well bid, looks like it is in the early stages of a accumulation phase and with the daily volumes over the past 3 weeks averaging about twice the daily norm with rising prices. If she can find value above 38.5C early next week I wouldn't be surprised that she may "really fly" towards the 150 EMA.

Dolphin

coyotte

Member

Post Number: 636
Registered: 12-2002

Rating: N/A
Votes: 0


Friday, August 08, 2008 - 02:53 pm:

Coyotte STU LC

will carry on with this as a very "short term " trade
to me it looks as $WTIC is in a EW ABC correction (around $us 112 then a new high or at lest above B)--- BUT could equally be part of a 5 wave correction (long way down to go yet) -- love this EW crap !!! -- better to just keep it KISS like GUPPY do'es.

charts to follow over w/e

cheers
Coyotte

(Message edited by coyotte on August 08, 2008)

This too shall change. (16th verse Tao Te Ching )

ragchewer

Member

Post Number: 183
Registered: 02-2005

Rating: N/A
Votes: 0


Friday, August 08, 2008 - 03:58 pm:

Ragchewer CDS LC

It owes me !!

ragchewer

Member

Post Number: 186
Registered: 02-2005

Rating: N/A
Votes: 0


Saturday, August 09, 2008 - 02:27 am:

Here's Rags CDS LC chart

Log view of the power trend channel and turn.
Rags

coyotte

Member

Post Number: 638
Registered: 12-2002

Rating: N/A
Votes: 0


Saturday, August 09, 2008 - 09:29 am:

STU WKLY

lined up for the "wooden spoon" this week by looks

This too shall change. (16th verse Tao Te Ching )

gohard

Member

Post Number: 790
Registered: 05-2003

Rating: N/A
Votes: 0


Saturday, August 09, 2008 - 02:19 pm:

gohard SLA L
This week will be a great run !!!!!!!!!
Good luck to all G

lucky_phil

Member

Post Number: 72
Registered: 06-2006

Rating: N/A
Votes: 0


Saturday, August 09, 2008 - 03:38 pm:

Lucky_phil IGO L

IGO announced an on market buy back and the SP looks to be trending positively on daily and weekly charts.

Thanks Rags for your work and good luck all for the coming week

Phil

jimmyswell

Member

Post Number: 246
Registered: 07-2006

Rating: N/A
Votes: 0


Saturday, August 09, 2008 - 07:47 pm:

jimmyswell SIP L
sip

Sigma Pharms has been going gangbusters since bottoming out on 20JUL.

The middle horizontal line represents one of those "former support becomes new resistance" situations you read in the TA books. The next resistance point is around $1.26.

It seems that SIP lost favour with the market and is now regaining past popularity.

hershy

Member

Post Number: 2231
Registered: 10-2002

Rating: N/A
Votes: 0


Sunday, August 10, 2008 - 09:31 am:

Hershy SHG Long

I am arguing with the chart again. EMAs are bearish, price action being squeezed between 90 and 150 day MA, price of energy is heading down and yet I see a short term bullish move for Sunshine Gas.
The target from the triangle at the top of the chart was missed. There were 3 failed attempts to reach this target, each failure producing a higher low. We now see three higher lows and 3 higher highs which most traders would see as confirmation of a bullish move. I see another move to the top of the broadening wedge. The W turns into an M and then a W again perhaps later.

Some people are like Slinkies ... not really good for anything, but they bring a smile to your face when you push them down a flight of stairs."

http://members.optusnet.com.au/~hershy/

captain_chaza

Member

Post Number: 3320
Registered: 02-2003

Rating: N/A
Votes: 0


Sunday, August 10, 2008 - 04:48 pm:

Captain Chaza CVS L

Probably the most difficult decision a seaman has to make at sea in Bull Markets is
#1 "Which one will do BETTER than all the Rest?"

CVS

Salute and Gods' speed to all

PS Officer Rags
I love your colour choices for those bloody allusive medals

http://www.youtube.com/watch?v=mLMh-mUSZsM&feature=related

(Message edited by Captain_Chaza on August 10, 2008)

(Message edited by Captain_Chaza on August 10, 2008)

"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

captain_chaza

Member

Post Number: 3321
Registered: 02-2003

Rating: N/A
Votes: 0


Sunday, August 10, 2008 - 05:10 pm:

Apologies to all
The PPS should read
http://www.youtube.com/watch?v=mLMh-mUSZsM&feature=related