Australian (ASX) Stock Market Forum

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I have used and use the following:


Australian Stock Report: Cost $2000/pa 13months for Investors/Traders and CFD report


Pros:

- Good for market and trading information. It's library of info will take you a few months to get through it

- Use capital managment 2% and will say when they risk more than this

- Website layout is very good and easy to follow

-Their best trades are forex and commodity related.

- Best short term trades will get you 4 -5R profit($800-1000)

-SMS updates


Cons:

- Everyday recommendations are given which you enter or choose not to enter.

- Have to actively trade to get any use out of it. Need to be glued to your computer to set stop losses or take profits

- SMS very inconsistent.

-Worse trades are Indices and shares

- Claim kudos for being on winning trades, even if they were recommended weeks back. Some are very hard to hit your entry price.

- They use IG Markets soley. Stock commissions will wear you down.

- Hate losing money to these tipsters

- Some of there trades are placed pre-market and can be disasters.

- They stay on the sidelines when volatility is high instead of standing up and taking adv of the drop or rise.


After my first year I was going to stop the subscription. Got a call from the sales guy. At the very end of the conversation they dropped their subscipton to $400/pa for 2 years. I accepted and haven't traded one of their recommendations since but have researched some of their share tips. I do plan to use them though when I start day trading again.


Huntley's report:


$695/pa


Pros

-Fundamental analysis is second to none.

-Good understanding of the bigger picture

-Newsletter easy to read and follow

-Has made some good calls over the past 10 years like HVN,AGK,QBE and CSL


Cons

-His long term Income and Growth portfolio is getting Knocked about

-Has recommended and holds AIO, PPT,MQG,AMP, and GPT. They are all getting smashed.

-Lowers his buying level on falliing stocks like Alumnia. Recommended it at $6. It now stands at a bit over $1

-Bought BHP at a very high price after his glowing half yearly special newsletter, to watch it fall like a rock.

-Bought and recommended Compass Resources. He lost $33400 out of it.

-To much info to absorb at times

-He didn't pick the market turn. In fact in Dec 2007 he predicted another up year for 2008. He did admit he was wrong though.

-He constantly says I don't think the market will get lower. Guess what he said this 4-5 times after March 2008. Hmm talk about placing your head on the chopping block.


Would I recommend it. Yes for the info long term 10+ years but fundamentals change - He loves GPT and then says later he will sell down some at a loss to buy other stocks.


Not for the Short/Medium term trader. Not for the TA Trader.


Marcus Today Subscription - Too expensive


- Just market commentary. You can get it free else where. He is pretty knowledagble and has a sense of humour but the high price for the subscription is a turn off.


Daily Reckoning - Free


- Not bad commentary. They like miners and energy which I follow.

- A lot of spam and selling links


Smart Investor - $70/pa


- For its price it is what I recommend. The editor is a babe but can be annoying at times. Don't trust a chick as they are too emotional.

- It used to list FPO's and their progress. I made $1000+ on one. Not bad for a $70 year subscription

-However it's stock and market analysis is weeks behind current market conditions.


Local Sydney paper Manly Daily - Free


There is this guy in it that has a column every week. I follow his tips on energy and mining. 2/3 of his tips on spec stocks are winners. He picks them early as well. Some of his best tips are QGC, PRC, TRY and MMX. However once they peak get out as they usually fall just as fast.


He has his own newsletter for $200-300 a year which I would subscribe to if I had some spare cash.


Other good resources:


Sun Herald Investor section - Sun

Sun Herlad Money section - Weds


Disclaimer: I do not work for Faifax media


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