Subject: Hi ERG retreat points---financials due 5 more trading days. -- ERG trade data forum

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Date Posted: 16:03:42 02/27/03 Thu
Author: Name: Wonder Woman
Subject: Subject: Hi ERG retreat points---financials due 5 more trading days.

Thank you for using the forum, Wonder Woman
Your entry has now been added to the forum as follows...

Name: Wonder Woman
Location: Sydney, NSW Australia
Date: Friday, February 28, 2003 at 11:01:39 AM
Subject: Hi ERG retreat points---financials due 5 more trading days.
Comments:

Hi Sabre, I read your comments to Michael if I can add anything (for what it is worth) looking at ERG's past trading volumes and the amount of money that has gone into it at different levels and based on an understanding of the company fundamentally, on the transit side Translink phase 2 (San Francisco) not far away.
A rise in net asset backing--basically the previous things mentioned in a prior post my view is I don't see a retreat to 10c, I don't think it will be that severe could be wrong obviously.On charting excluding any other analysis fibbonaci retreat points, whch can be done using various figures--I've worked out to be using 10c as a base and 18c as a high (which as you know it reached when Sydney was announced) With a low of 10 and a high of 18---retracement figures. 23.6% equals 16.112 38.2%equals14.944 50%equals 14-- 61.8%equals 13.056 on fundamentals Lost of Ozestock, got it right back on November the 30th 2002 (Nov 30 2002 9:19:07:153AM) when he gave a view when the share price was lower than 13, 10.5c (please check if interested) when he stated that he would give ue of between 13 and 14c on the extreme short terms, he was correct in that analysis over the following days. Anyway the above posted for anyone that may like to understand the sharetrend a little better. I'm monitoring the Standard and Poors 500 at the moment a person I'm corresponding with on another BB (Clear Station) thinks market makers may come in at the 780's level, I'm a tad more bullish, I think around where it is now as the stochastic is beginning to look oversold, may also be wrong in that analysis and I'm talking just in a shorter to medium trem sense not what it is necessarily going to do over the whole year.--a point of view expressed. The same day financials are due March 6th is also "Call for Directions" N.S.W. verses Cubic whcih was vacated to that day from the 6/2/2003.
Regards,--WW.

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