PhaedrusFollower
26-05-2010, 05:20 AM
Taking a positive stance here on 26th May 2010. We are officially in a "correction".
Some will be holding onto their porfolio and waking each morning, frightened to see what the world has done overnight and get home each night to find they are a further 2 or 3% down.
Others have cashed up and are eagerly sitting waiting in the wings to buy some bargains.
Others are doing hardout TA so they KNOW when the BUY signals are present.
As a bit of fun, I propose a very small competition.
WHICH SHARES WILL MAKE THE BIGGEST BOUNCE BACK, IN ONE MONTHS TIME?
Prices will be taken at 4pm on Friday 28th May (3 days time)....and compared to Friday 25th June 2010.
Each Participant gets to choose 3 shares. (NZX only - same competition running on ASX). Once posted, no changes are allowed.
Your entries should contain the following information:
Share: FBU
Current Price: 7.61
Predicted Price 8.10
Reason: My attached Technical Analysis graph.
The winner will be the Sharetrader with the largest combined total increase on 25th June and will receive a mystery prize!
Good luck to all who are up to the challenge... a bit of fun amongst the doom and gloom of the news!
Get your 3 choices in on this thread NOW..while you're thinking about it. :p
PhaedrusFollower
Some will be holding onto their porfolio and waking each morning, frightened to see what the world has done overnight and get home each night to find they are a further 2 or 3% down.
Others have cashed up and are eagerly sitting waiting in the wings to buy some bargains.
Others are doing hardout TA so they KNOW when the BUY signals are present.
As a bit of fun, I propose a very small competition.
WHICH SHARES WILL MAKE THE BIGGEST BOUNCE BACK, IN ONE MONTHS TIME?
Prices will be taken at 4pm on Friday 28th May (3 days time)....and compared to Friday 25th June 2010.
Each Participant gets to choose 3 shares. (NZX only - same competition running on ASX). Once posted, no changes are allowed.
Your entries should contain the following information:
Share: FBU
Current Price: 7.61
Predicted Price 8.10
Reason: My attached Technical Analysis graph.
The winner will be the Sharetrader with the largest combined total increase on 25th June and will receive a mystery prize!
Good luck to all who are up to the challenge... a bit of fun amongst the doom and gloom of the news!
Get your 3 choices in on this thread NOW..while you're thinking about it. :p
PhaedrusFollower