ASX and the SPI

[Garpal Gumnut]

Dear all.,

This part of the forum seems to be the least populated so I thought I'd ask a question that might inviagorate posters.

If the SPI ends down in the morning does this generally translate to a down day on the ASX, and vice versa does a fall in the ASX all ord or sp200 lead to a fall in the SPI.

Or is it all a continuing long trending game with the UK and American markets.

Garpal

 

[reece55]

Re: Sex and the SPI

Garpal
Had to have a look at this thread on the basis of the topic header - what the????

HAHAHA...... Very funny.......

Unfortunately , I don't have too much to add to the topic!!!

Cheers

 

[theasxgorilla]

Re: Sex and the SPI

Had to have a look at this thread on the basis of the topic header - what the????

Indeed...I thought you might be correlating up and down days with something else

 

[michael_selway]

Re: Sex and the SPI

Dear all.,

This part of the forum seems to be the least populated so I thought I'd ask a question that might inviagorate posters.

If the SPI ends down in the morning does this generally translate to a down day on the ASX, and vice versa does a fall in the ASX all ord or sp200 lead to a fall in the SPI.

Or is it all a continuing long trending game with the UK and American markets.

Garpal

Yes but not necessarily

Basically "SPI" acts the same as the ASX during times when ASX is closed, so to speak. So its just alternate time periods thats all.

thx

MS

 

[Garpal Gumnut]

Re: Sex and the SPI

Indeed...I thought you might be correlating up and down days with something else

Thanks gorilla and reece,

One should note that it is not the size that counts with stocks of life but the co-efficient of expansion, thus a small member base may expand exponentionally with the correct stimulus. Sideline advice such as is available daily from the huntley, prophet and other voyeurs serves only to cause a crisis of confidence, and a sense of existential angst when one should be enjoying the moment. Rather than suffering a crisis of confidence leading to a failure of that which is expected , one should look forward to a crescendo of profits.

Any more and I'll be into Mills and Boons

Must write a bookaboutit.

Garpal

 

[Kauri]

Re: Sex and the SPI

I have noticed that if overnight the SPI slips and and finds an untested bottom you can expect a fairly severe knee-jerk reaction almost immediately.

 

[Seaking]

Re: Sex and the SPI

I have noticed that if overnight the SPI slips and and finds an untested bottom you can expect a fairly severe knee-jerk reaction almost immediately.

And if one happens to be on the wrong side of afore mentioned untested bottom, tears can be a very normal reaction....

 

[Garpal Gumnut]

Re: Sex and the SPI

Dear Seaking and Kauri

The experience of trading the bottom with decreasing reserves is one not strange to traders.

The Margin Loan , ones Prospect, e.g (Jack Packers 2nd cousin) or ones dividend unwisely taken as a Shiraz can affect ones performance.

One must make a decision, whether to follow the trend which is up and down, or move sideways , but not for too long lest one suffer a retracement.

Any advice would be gratefully accepted

Garpal

 

[Moneybags]

Re: Sex and the SPI

crikey Garpal.......I'm gonna change my avatar in case people think I'm you.

MB

 

[Moneybags]

Re: Sex and the SPI

Done........still prefer Capone though.

MB

 

[Garpal Gumnut]

Re: Sex and the SPI

Done........still prefer Capone though.

MB

Dear Moneybags,

Thanks for changing the Avatar, I think I beat you to it by a few weeks, but if you can prove Capone was yours first I'm more than happy to swap.

Garpal

 

[Moneybags]

Re: Sex and the SPI

It's sweet Garpal........I'm about to try another upload.

Cheers

MB

 

[Moneybags]

Re: Sex and the SPI

No mistakin' us now hey Garpal.

MB

 

[Garpal Gumnut]

Re: Sex and the SPI

It's sweet Garpal........I'm about to try another upload.

Cheers

MB

thanks mate,

Gret minds think alike ................fools seldom differ !!!!!!!!!!!!!!

thanks for changing.



Garpal

 

[>Apocalypto<]

does the SPI follow the asx closely (please I know it runs of the asx in its own way)

does it break out and trend if the all ords are?