Yes, it's true if your fund had gone all growth and maybe
whacked it in mining and resources the story would've been
different but, alas, that would be ignoring the risk involved in
the sector. And racers that were winning on gas and oil stocks have
felt the volatility in the sector, with big losers including Austex
Oil (AOK) 17 per cent, Metgasco (MEL) down 15 per cent and coal bed
methane explorer Pure Energy (PES) 14 per cent. In the past week
we've seen many stocks criticised for their debt levels, including
investment bank Babcock and Brown (BNB) and its subsidiaries. The
market reaction to worries about BNB has seen pressure applied to
the debt-reliant infrastructure sector, with Asciano (AIO) and
Macquarie Airports (MAP) both experiencing a drop of more than 10
per cent in the last week of trade. Despite taking a few bogies
from Asciano and Pure Energy, Stuart Brand still leads but for the
first time his portfolio is below par. Maybe he can draw
inspiration from Tiger Woods who last week again showed how not to
choke on a lead.
DAVID CIAMPA
!st Stuart Brand Reader
Asciano Grp stpld $7915
AXA Asia Pacific $9257
CSR $9047
Incitec Pivot $11,540
IRESS Market Tech $9474
Linc Energy $14,500
Oakton $8917
QBE Insurance Grp $9086
United Grp $8683
Westpac Banking $9225
$97,642
2nd Richard Pritchard Chartist
Austex Oil $9231
BHP Billiton $9776
BlueScope Steel $10,282
Buccaneer Energy $9620
Icon Res $8696
Oil Search $9458
Qld Gas $8280
Rio Tinto $9616
Wind Hydrogen $12,593
Woodside Pet $9985
$97,536
3rd Doreen Daze Astrologer
Austar United $8918
BHP Billiton $9776
Metgasco $9689
Oil Search $9458
Reckon $9876
Rio Tinto $9616
Santos $10,318
Telstra Corp $9325
Toll Hldgs $8554
WorleyParsons $10,249
$95,779
4th Belinda Downie Rare Coin Dealer
Atlas Iron $9577
BHP Billiton $9776
Ferraus $9474
Fortescue Metals $10,771
Gloucester Coal $10,048
Leighton Hldgs $9392
Macarthur Coal $10,693
OM Hldgs $5567
Rio Tinto $9616
St George Bank $9096
$94,011
5th David Potts AFR Investor
ANZ Banking Grp $8749
Aust Agriculture $9355
BHP Billiton $9776
Fairfax Media $8792
Fortescue Metals $10,771
Giralia Res NL $9597
Macq Grp $8865
National Aust Bank $8571
Seven Network $8476
West Aust News $8529
$91,482
6th Joshua Simpson Student
Adacel Tech $8293
Ariadne Aust $9500
AVJennings $9453
Capral Aluminium $8500
Clinuvel Pharmac $8875
Hyro $10,400
Macq Grp $8865
Magellan Fin Grp $7580
Mariner Financial $8077
Medtech Global $11,290
$90,833
7th Mike Whitney Channel Seven
Adelaide Res $8824
Cochlear $8417
Cooper Energy $8692
Flexigrp $6807
Heron Res $7891
National Aust Bank $8571
Oxiana $8558
Pure Energy $9043
Santos $10,318
Woodside Pet $9985
$87,105
8th Dartboard
Blue Energy $12,059
Centro Prop stpld $7105
Cityview Corp $8649
Icon Energy $13,023
Independence Grp $7334
Innamincka Pet $8816
Integra Min $9307
Rubicon America $6000
St Barbara $6111
Toro Energy $6282
$84,686