
Outlook for AUSgroup
Previously negative for this counter. Now turn positive.

No sign of buying signal yet...
See chart: (for reference only)

Hi froggie08,
many sincere thanks for your support.
It is my earnest vision tat one day, this is a top-rate forum whereby forumers dare to post, share n exchange views without fear of being taunted or flamed to achieve harmonious interaction among forumers whereby all agree to disagree in a harmonious way and tat all posts are done in a responsible way with supporting facts, without abusing it to spread rumours, half-truths, deceit, deceptive ploys, misleading posts, emotional postings to incite fears n greed for the betterment of the forum, to raise the quality of the forum and not degrade it.
froggie08 ( Date: 08-Jul-2009 23:36) Posted:
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I had mentioned tat I had decided to quit posting till those forumers tat brazenly instigate buy/sell calls, posts rumours, half-truths, emotional posts tat incite greed and fear are banned by admin.
My stand still holds but just excuse me for once, to reappear to give support to el7888 for taking the initiative to petition admin to remove such pests for the betterment of the forum and not degrade the forum and to safeguard newbies and gullible forumers from falling prey to such undignified postings.
el7888, include me in the petition.
Bye for now till such pests are removed and totally banned, including their ip address and hope they dun reappear using another nick, a leopard can never remove its stripes.
I will still quit if they reappear should I resume once they are banned.
I will definitely resume my postings and sharing once such pests are removed forever.
Bya again for now.
el7888 ( Date: 08-Jul-2009 04:46) Posted:
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After much consideration and painful decisions and thought of only quit posting when there are too many forumers doing misleading post and forumers rebuting for the sake of rebuting, I had finally made the decision to stay out of posting and join the ranks of Cheong Wee and remain a passive reader, too energy-zapping and time-wasting, much as is my passion to help newbies but I find a lacking of support from the rest of the forumers except for the handful of forumers who are willing to stand out to lend me their support and rebut, the majority are just passive readers.
I will resume my sharing, advice and TA posting only when admin removes people like newtothis n anfield_76 as it defeats my effort of posting and sharing with all this irritant in my eyes.
My last advice to all newbies is to click my nickname and read all my advice and sharing and not fall prey to all those deceptive ploys, one-liners, BBs, emotional postings, wild calls telling u tat "it will hit xxx price by today" even b4 the mkt close as if they dominate and control the mkt like Lord Buddha control Monkey God under his 5 mountains.
Bye for now and hopes to return later when the environment here is more conducive and less of all this undesirable noises and deceptive ploys like BBs and those emotional postings.
Technicals looking good for an entry..

Read today's Sunday Times,"Invest, pg 23", I quote in red:
"Watch Out for Scammers"
Point no. 3:
3. Pump and Dump scams.
These are typical conducted via an unsolicited phone call or e-mail. The scammer, who holds a stock, attempts to boost its price via false and misleading recommendations (the "pump") which are e-mailed to many people. The stock is often promoted as a "hot tip". Once there is a surge of interest from victims, the scammers sell the stock (the dump").
The victims lose their investments as the stock price falls. Such scams usually target thinly traded or small-cap stocks as they are easy to manipulate and it does not take many new buyers to push up the prices. To avoid being taken in, it is best not to rely on information you receive via an unsolicited source.
My comments:
(1) This is true not only via unsolicited phone call and e-mail but also in public forums, so be wary of wat u read and dyodd.
(2) It is also true tat scammers usually target thinly traded or small-cap stocks, but it is still okay to trade small-cap stocks if u dyodd using FA and TA. Knowing tat the stock has good fundamentals is not good enuf as u may get caught buying at a high price by the "pump" which is primed for corrections (the dump"), thus the importance of TA to know whether it had been pumped up (avoid buying and being caught) and instead wait for buying opportunities (during the correction) by studying the candlesticks and other indicators for reversal patterns.
richtan ( Date: 01-Jul-2009 23:58) Posted:
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I don't quite agree. Here is my findings for this counter.

Just for reference.
Congrats to those having n holding onto Ausgroup.
If today's closing is a white candle, it is confirmed a "morning doji star" which is a bullish reversal pattern according to candlesticks book.
'Trade Summary" shows at this point in time, more buying up:
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richtan ( Date: 01-Jul-2009 20:40) Posted:
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01101749,
Very sorry, I send a personal message for richtan to share with me on this stock. Hope this will solve any confusion and misunderstanding.
01101749 ( Date: 01-Jul-2009 20:48) Posted:
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richtan ( Date: 02-Jul-2009 10:00) Posted:
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01101749 ( Date: 02-Jul-2009 09:34) Posted:
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richtan ( Date: 01-Jul-2009 23:58) Posted:
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freeme,
My chart analysis annotations did not say tat it will definitely go up tomoro.
My chart annotations states tat if tomoro is a white candle n open higher, based on candlestick TA books, it is a "Morning doji star" which is suppose to be bullish reversal pattern.
freeme ( Date: 01-Jul-2009 23:50) Posted:
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01101749 ( Date: 01-Jul-2009 20:48) Posted:
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