XAO Technical Analysis
- Thread starter Sean K
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Re: XAO Analysis
Aussiest, Squawk reads the results to auctions out live, you can also see them if you pay for Reuters or Bloomberg.
This is some very odd price action lately, particularly the USD/equities correlatioin. After the fed, USD rallied (obviously as no more T buying and hence, better rate differentials) with equities remaining choppy, but then USD came off again. Have a pretty hedged portfolio now, so will just ride this one out.
Broadway, will get back to you on the data tonight.
Aussiest, Squawk reads the results to auctions out live, you can also see them if you pay for Reuters or Bloomberg.
This is some very odd price action lately, particularly the USD/equities correlatioin. After the fed, USD rallied (obviously as no more T buying and hence, better rate differentials) with equities remaining choppy, but then USD came off again. Have a pretty hedged portfolio now, so will just ride this one out.
Broadway, will get back to you on the data tonight.
Re: XAO Analysis
Thanks MRC
That all sounds like a foreign language to me, but gives me more to research!
Thanks MRC
That all sounds like a foreign language to me, but gives me more to research!
white_goodman
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Re: XAO Analysis
yeh i thought the correlation had changed aswell MRC, but with USD wekaness today and USD futures pointing up heavily, the correlation seems to have resumed... I have a mix of 2 shorts and one long on the NYSE atm (although 2 are at breakeven) , I think we will see some clarity in September
yeh i thought the correlation had changed aswell MRC, but with USD wekaness today and USD futures pointing up heavily, the correlation seems to have resumed... I have a mix of 2 shorts and one long on the NYSE atm (although 2 are at breakeven) , I think we will see some clarity in September
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Re: XAO Analysis
Yes, I can't wait until the end of Northern Hemisphere summer, things are getting very confused and messed up at the moment.
Yes, it's clear the runner I expected probably won't happen immediately, but still want the position, so hedging it with an asset class that will perform well in both inflationary/risk trade environments.
Yes, I can't wait until the end of Northern Hemisphere summer, things are getting very confused and messed up at the moment.
Yes, it's clear the runner I expected probably won't happen immediately, but still want the position, so hedging it with an asset class that will perform well in both inflationary/risk trade environments.
Sean K
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Re: XAO Analysis
I guess this means ivant has lost all his money.
I guess this means ivant has lost all his money.
Re: XAO Analysis
Amazing that we are starting a new leg up again.
Doom and gloom bears and those calling for a 'depression for a decade' have rapidly gone into hibernation, licking wounds on the way.
If I was a fund manager that was waiting for a decent pullback to get on, I would be steaming.
2400 any moment now.. any moment..
Amazing that we are starting a new leg up again.
Doom and gloom bears and those calling for a 'depression for a decade' have rapidly gone into hibernation, licking wounds on the way.
If I was a fund manager that was waiting for a decent pullback to get on, I would be steaming.
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Re: XAO Analysis
Pity... Easy come easy go?
Preservation of capital more important than being right or making bucketloads on a call.
Pity... Easy come easy go?
Preservation of capital more important than being right or making bucketloads on a call.
tech/a
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Re: XAO Analysis
Preservation of capital I agree.
But trading in anticipation of both profit and preservation may be just as important.
Preservation of capital I agree.
But trading in anticipation of both profit and preservation may be just as important.
prawn_86
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white_goodman
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Re: XAO Analysis
http://www.dowgoldzoom.com/images/dow_gold_zoom.pdf
some more food for thought here with a nice gold v dow comparison.
Look at early 1930's and early 1980's.
http://www.dowgoldzoom.com/images/dow_gold_zoom.pdf
some more food for thought here with a nice gold v dow comparison.
Look at early 1930's and early 1980's.
Sean K
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Re: XAO Analysis
I can tell you my finger is on the the sell button. It's like that card game "spoons" where the last person to grab the spoon loses, but a person who grabs a spoon for no reason also loses...
I can tell you my finger is on the the sell button. It's like that card game "spoons" where the last person to grab the spoon loses, but a person who grabs a spoon for no reason also loses...
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Re: XAO Analysis
Moar insto buying today, stay long. If you wanna short, maybe a punt on the close.
Moar insto buying today, stay long. If you wanna short, maybe a punt on the close.
white_goodman
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Re: XAO Analysis
ill be shorting US market in coming days or weeks. Im very unconvinced with this rally.
Meaning, you should all go long and make some cash
ill be shorting US market in coming days or weeks. Im very unconvinced with this rally.
Meaning, you should all go long and make some cash
Re: XAO Analysis
Fair way to fill to next resistance at ~4600. Volume yesterday was 2nd largest ever..
our banks are starting to reach P/E of 16x .. unless the insto's are going to bid them up into the 20's on expectation of a big profit increase next year.. I think that has to slow down soon.
Fair way to fill to next resistance at ~4600. Volume yesterday was 2nd largest ever..
our banks are starting to reach P/E of 16x .. unless the insto's are going to bid them up into the 20's on expectation of a big profit increase next year.. I think that has to slow down soon.
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Re: XAO Analysis
Surely there must be some sort of dipensation if he can show the ATO what has become of his situation, anyway feel sorry for the guy to wreck an account in such a public way, another reason i prefer keep my positions to myself, ego and trading aren't a good mix.
Surely there must be some sort of dipensation if he can show the ATO what has become of his situation, anyway feel sorry for the guy to wreck an account in such a public way, another reason i prefer keep my positions to myself, ego and trading aren't a good mix.
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