The Game2 contest begins this week, Thursday the 7th of August. And it runs for a little over 3 months, till 19th of November. Here is the link to the game:
http://www.asx.com.au/education/sharemarket-games.htm
I will be constructing my fund with momentum stocks as the ASX Index is
trending positively as is the US's Nasdaq, check charts below:
Momentum stocks usually do well under these market conditions. I have listed below my latest stock shortlist:
GXL.AX GEM.AX APN.AX VOC.AX IPP.AX MQA.AX CFR.AX
SIP.AX SRX.AX IGO.AX SKI.AX AWC.AX
OGC.AX SAR.AX SIR.AX SYR.AX WSA.AX NST.AX
ACR.AX ROC.AX KAR.AX SEA.AX EGP.AX EWC.AX TTS.AX
some bottom feeders next:
aax asl brl cda kcn pdn rfe
ari mrm pbt sbm wdr
This time we can choose stocks from the entire ASX300 list. We have a couple of days left to finalize our picks.
Remember there is only 1 prize, the winner takes all, a cool AU$8,000. So I will be minimizing my diversification to give myself a chance at
achieving a really high return.
Beware this type of strategy can also
give you a really low return.
Good luck!
& hope to see you on the Leader-board
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