Australian (ASX) Stock Market Forum

Buy with open arms?

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Yes... my research indicates that you are correct. We are on the verge of a surge for a number of reasons, not all of them that healthy to be truthful but none the less commodity driven equities should see the benefit soon and for a while.
 
"remain calm and keep the faith", he said, "and remain with open arms and keep your eyes shut less the blood on the streets disables them, and and and [, keep on gobbling up stock], in fact, 'buy with open arms'."
 
We are coming to a great opportunity soon. We have a resistant point at 4200. This means a great chance to buy. Even though we are still feeling the effect of GFC, We have not have massive worldwide news on companies collapsing. Based on this i cannot see 3100 being reached. Unless we have any savage new we should been seeing a bottom, then a start back to 5000 again by years end. All imho with fingers crossed.
 
"I had a dream that August 30th is the day the Aussie markets head for the stratosphere", she said. "Closing your arms is very difficult indeed old fellow me lad, no doubt", she espoused further. "Any tips noi?", "Ah yes, but not by name my dear; the company has a buyback in place and is dumping assets for cash, some in pommy land I believe", replied noi. "Well if that's all your going to tell us, whatever next", she exclaimed.
 
"Let's hope you've all bought with arms out wide, if not, I say, BUCK UP YOU LOT", he said loudly whilst downing yet another glass of Shiraz Viognier, a near average wine of acceptibility. But in the light of day, looking round the still darkened room that swirled like last nights wine and through it all he shouted, "BUY WITH OPEN ARMS!, for stocks are very very cheap. You know it make sense, YOU LOT."
 
Last Call! LAST CALL! If it's not too late. Markets are so very cheap, as explained in many posts here. Seriously folks, I've finished buying, loaded with stock.
Take an international view and 'Buy with open arms?' we're into the first month with an 'r' in it. Hell you might be a might late - good luck my friends.
 
Talk in the US of dumping of bonds. Many pay such low interest rates it's hardly worth holding them. Is it true that Trillions of dollars are waiting on the sidelines?
It's early morning, I open the curtains, stretch my arms and have that pleased feeling that I've bought with open arms.
"So it's buy stocks or short bonds", the wise man appears to have said.
 
if your to believe the ISM then go for it.. exports are declining???

in the past the ISM dropped to 47x in the three months after such a decline in the orders/inventory ratio to such a low level as is the case today.

looking at it historically, the signs are pretty grim..

we have experience 17 weeks straight of equity funds outflows.. so its a case of a lot of folk not liking the idea of buying with open arms.. 4.3 billion in the last week alone which is an increase of 50% on the week b4..
 
I am with ya noirua :D

But the Fed is still a bond buyer!

Certain stocks, certain markets Agentm...

Bonds turning means an anti dollar play will come to the fore. Which means commodity plays and in the US market OS earners get a guernsey.

There is no real reason for us to follow the US slavishly anymore, we are tied to Asia's fate much more so... our market will work it out sooner or later :rolleyes:.

"New world growth plays".... copper is king - Charlie Atiken

& he is right for the near future :D

2c
Z
 
Agentm said:
we have experience 17 weeks straight of equity funds outflows.. so its a case of a lot of folk not liking the idea of buying with open arms.. 4.3 billion in the last week alone which is an increase of 50% on the week b4..
Click to expand...

Why do you keep bringing that up agent?
 
professor_frink said:
Why do you keep bringing that up agent?
Click to expand...

Because its true, a funnymentalist mate informs me. I don't know like you frink.

A long term chart indicates the xao could go either way.

Its in a trading range, and folk are buying without confirmation that it will break above resistance of 4600.

And then it will have to break above 5000, so it may either continue, fall or trade between 4600 and 5000 if the optimists are correct.

Personally I think, frink, it will tank and you will all be rooned, as its still technically in a downtrend.

Very brave in September

gg


big.chart
 
A lot is looking very cheap in the commodities space.

This IS a US mid term election year.

All most everybody is a bear.

Bonds look very toppy.

USD looks very toppy.

US RE sucks...

Where else they gunna go?

Inflation plays spiced with new world growth coming right up.

FWIW this will be the first time that the majority have it right if we crash this 'crash season'.... I am going to be more wary next year FWIW.
 
What a stunning day for me :) with 3 of my portfolio stocks hitting new post GFC highs, ILU, TRY, HDF and 3 hitting new secondary post GFC highs, PFL, CHN, MDL...by far my biggest single day gain (on paper) ever :)

I brought with open arms over the last 3 months and today it all came together at the last minute with 2 of my 4 sell orders getting filled in the last 15 minutes of trading. :xyxthumbs all time portfolio high for me today with a total gain of around 4.7%
 
So_Cynical said:
I brought with open arms over the last 3 months and today it all came together at the last minute with 2 of my 4 sell orders getting filled in the last 15 minutes of trading. :xyxthumbs all time portfolio high for me today with a total gain of around 4.7%
Click to expand...

I've just about finished buying stocks as I came out of US bonds and bought a few shares which are Chinese with an Aussie flavour and quoted on the NYSE. My move against the Aussie$ has proven to have been a poor choice though US stocks of this type just might be the way to have gone recently.

I have that feeling in my waters that more foreign money is pouring back into Aussie markets and the currency high may be tested very shortly.

My arms are nearly closed now as I await the boom to come.
 
really?? why is the ASX responding only to the US??


its really amazing how good it is out there, with the US in a double dip and the ECRI again below -10.. which of the piigs will fly first? is seems they are stress free..lol

all those heavily downgraded, and often multiple downgrades of targets in the US being downgraded repeatedly enough to just allow the figures to come in a smidgen above the last revision and sparking a frenzy on the planet that is blind to the contraction and denies the reality of the downgraded revisions are really evoking..

gotta love those HAVIDOL pills everyone is on...


lol keep taking those pills!!!

only way is happiness and UP..
 
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