Australian (ASX) Stock Market Forum

ALL ORDS went nowhere for 7 YEARS!

Just for fun, does anyone want to have a punt on where the XAO will end up on 31/12/2014?

A high of 5680 achieved in the first half, followed by a downdraft and finishing the year at 5180.
 
My horrorscope says 5178.3

My coffee grounds poop all over your horrorscope: 3900 for the XJO futures.

Disclaimer:Coffee grounds are somewhat inferior to tea leaves, do not try this at home, I am an untrained amateur!

How can this be?!!!

Burglar's horrorscope has outperformed my coffee grounds!!!

As an accomplished analytical trader there is only one logical conclusion that may be drawn!

My coffee supplier has sold me a defective jar of coffee!!!

I shall take this matter up with the relevent office of consumer affairs and fair trading forthwith.

Unfortunately, I shall have to refrain from proffering further predictions until this matter is satisfactorily resolved.
 
Just for fun, does anyone want to have a punt on where the XAO will end up on 31/12/2014?

I'll start off first, tea leaves are telling me 5,931.

Good luck to you all and may 2014 bring you health, wealth and happiness.:)
I will increase the stakes:
xao will be below 4500 in 2014,
xao will finish 2014 AT 5150

BACK TO MY CUPPA!!!:D
 
I accidentally dropped the container of toothpicks for the frankfurters over the table yesterday and they landed like this....

VDCXCIX. I told the housekeeper not to move them as no-one would believe it. :D
 
I accidentally dropped the container of toothpicks for the frankfurters over the table yesterday and they landed like this....

VDCXCIX. I told the housekeeper not to move them as no-one would believe it. :D

Classic! As I am not up to where I should be with my Roman Numerals I googled it, VDCXCIX corresponde al número 5699......

You made me work today:eek::D
 
Well someone has to be a bear....i guess i'll do....3900, -+200:)
 
Come on you techno gurus you can do better than that, throw everything at it, have a punt. We aint playen for sheep stations....:D

As already mentioned, my data supplier sold me a defective jar of coffee!

However, since you insist on placing me in such a precarious position, I shall endeavour to accommodate despite the presence of corruptions within my historical data.

Desperate situations call for desperate measures!

In desperate circumstances such as these I've found that there's one thing I can always depend upon!

You guessed it!

The oracular wisdom of a superior being - namely EZ Answer Squirrel!

http://www.youtube.com/watch?v=njuq0NundBE


Please feel free to consult said oracle for a 2014 prediction.

(Please note, due to obvious mystical elevation, EZ Answer Squirrel is only able to communicate to us lowly beings via binary responses. i.e. a series of: is it above?/is it below? style questions will enable one to discern a meaningful answer from such a lofty source.)
 
Markets are now closed for the year and the All Ords ended flat for the 12 Months. In fact up only 35 points or .6%. Not really a good result for the year.

The All Ords first hit this level more than 8 long years ago.:eek: We are going backwards compared to the rest of the world.

Out of the 9 people on this forum that took a punt on where the All Ords would end skc came the closest. He predicted 5180.

Lets hope for a better 2015. Happy New Year to all of you and good luck with your investments.:)
 
Found this story on the subject.

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Australian sharemarket one of the worst global performers in 2014

The Australian sharemarket ranks as one of the worst performers relative to its global equity market peers in 2014, amid a softening economy and dramatic falls in oil and iron ore prices.

Figures compiled by CommSec reveal that Australia ranked 44 out of 73 global exchanges, putting it on the bottom rung of the performance table.


Read more: http://www.smh.com.au/business/comment-and-analysis/australian-sharemarket-one-of-the-worst-global-performers-in-2014-20141223-12cvc0.html#ixzz3NX6vFnbd


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amid a softening economy and dramatic falls in oil and iron ore prices.

I keep hearing (media etc) how falling oil prices have harmed Australia in some way.

And yet Australia is a net importer of oil. We produce some yes, but production is well short of consumption such that overall a fall in oil prices should be a good thing for Australia (obviously bad for oil producers, but good as a whole).:2twocents
 
I keep hearing (media etc) how falling oil prices have harmed Australia in some way.

And yet Australia is a net importer of oil. We produce some yes, but production is well short of consumption such that overall a fall in oil prices should be a good thing for Australia (obviously bad for oil producers, but good as a whole).:2twocents

but not good for gas or coal and as we are huge net exporter there, we are getting hit a big way
:2twocents
 
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