Weekly Stocks Watchlist - Wk 6/09

Dominion Mining Limited

Current price: $4.15 (11/02/09)
Sector: Resources/Gold
Key Indicators:

• New 35-wk high observed last week, due to current rally in gold prices (US$914/oz).
• STO[50,10] crossed over 50% last week, and looks set to rise; have been rising from low of 8% since Sept 08.
• EMA[30] crossed over EMA[100] 4 weeks ago.

Weekly Chart:
Buy Order (IG Markets), as at 11/02/09:

• Order price: $4.14
• Qnty: 200 shares
• Total: $828 (+ $8 transaction)
  
• Stop loss price: $2.90 (-30% from order price)
• Amount risked: $248 (+ transaction + interest)
  
• Leverage: 75% (margin: 25%)

Weekly Stocks Watchlist, Wk 1-09

Newcrest Mining (NCM.AX)

• Closed at 31-week high on 24/12/08
• STO[50,10] reached 40% and rising at 02/01/09

• Open a long position for this stock if it makes a 35-week new high.

AGL Energy (AGK)

• One of the best performing stocks of 2008 (+22.6%)
• Trading near its year high
• STO[50,10] currently at 89%

• Open long position in this stock if prices drop to $14 level due to temporary pullback.

Origin Energy Limited (ORG.AX)

• One of the best performing stocks of 2008 (+82.1%)
• Independently valued between $28.55 to $30.71 by Grant Samuel & Associates.
• Rejected BG Group's $13.7 billion ($15.50 per share) takeover bid in Sept 08, while receiving $9.6 billion to sell half its coal seam gas (CSG) reserves to ConocoPhillips, which will "fund a decade of growth".
• Trading near its year high.

• Open long position if prices drop to $15.00 - $15.30.