Archive for May, 2006

OSH - Hitting the 30 week moving average

Tuesday, May 23rd, 2006

Yesterday Oil Search Ltd (OSH) dropped down very close to its 30 week exponential moving average (seen below in aqua). Looking at the chart over the past 2 years, OSH consistently bounces off this 30WMA. If it were to break below this line, it would be a strong sell signal.
If the market were strong, this […]

Astrotrading Flawcast?

Tuesday, May 23rd, 2006

Well it seems Yogi wasn’t too accurate with his 10 May stock predictions. Instead of the expected “strong DOW on both Thursday and Friday” (the 11th and 12th), we saw some of the largest falls we’ve seen all year.
It was also stated that the “XJO may not perform as well, as we look for XJO […]

We’re back!

Thursday, May 11th, 2006

After a longer than expected delay, Stock Trader is finally back! We’ve changed the look of the site and have been working hard producing some great content that you’ll see appearing over the next few weeks.
You’ll also see regular updates including hot stocks and the best tips and tricks. You can even join in and […]

Astrotrading Forecast

Thursday, May 11th, 2006

The jury is still out as to whether trading based on astrology actually works, but I found the following post from Yogi in his starcode_traders group interesting:
Posted on 10 May 2006: 
Hi folks,
As targetted, in our 23032006 post:
XJO … today, we reached out 5386 target
from 13 March 2003 lows, at 2693.
Actual high today has been 5406, […]