My 53c short term target for WMT hasn't changed, it just didn't...

My 53c short term target for WMT hasn't changed, it just didn't get there in my initial 3 month time frame (due date was 16 April from memory) because of the SPP. If they had gone a rights issue it would be there now and on its way to $1.

APG is about to go off as well, its coiling, not stagnant. Still, I think GSE will give much better short term gains from this point than both WMT and APG. If you are in any doubt, bring up the GSE chart on Bigcharts and swithc the chart view to weekly. The pattern is very consistently up, and the volume pattern supports the increasing share price. The gains on the oppies will be even better of course, so GSE is my speccy pick of the week (there are probably a hundred more great speccies out there, but I can't watch and buy all of them).

I'm bullish on the XJO at the moment. It has now safely closed above the previous high and is now heading towards the next resistance point somewhere in the sky. There might be pullbacks in between, but they will be of only one or two days duration imo. We have plenty of undervalued stocks in the index that can drive it higher at the moment, particularly the banks, the diversified miners the investment banks and the ASX itself, all trading at discounts to international peers, leveraged to the Asian economic expansion and largely protected from any US downturn. Candle pattern on the XJO last week was also very bullish continuation.

Pick of the blue chips this week is WBC, a really coiled chart, with a breakout already apparent on its peer NAB to a new record high.