Australian (ASX) Stock Market Forum

Can't Explain It But I'm Suddenly Incredibly Bullish

Howzzat!!

60 min chart.
 

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Aha!

The next bullish indicator is now going "ding ding ding".

More than one mechanical systems trader is REFUSING to take their systems' LONG signals.
 
Aha!

The next bullish indicator is now going "ding ding ding".

More than one mechanical systems trader is REFUSING to take their systems' LONG signals.

One thing is for sure...someone will be proved right and someone will be proved wrong. Of course we all know (or at least parrot) that that is not what is important.

I enjoy the study of psychology...who will be right, the guesser, the second-guesser or the automaton?
 
Is every one still feeling bullish,

I am, lots of good news latly. The share market is gaining strength, Interest rates look to be topping out and although growth in australia has slowed we are still in positive territory. I think we are having the soft landing we hoped for.

If things are starting to recover then alot of stocks are bargins at the moment.
 
So... anyone still feeling bullish???

Nearly 30% down since the highs last year... surely we're getting close to the bottom????
 
If you are you should quetion why you feel that way.

If you dont have any brilliant answers I wouldnt be making any bullish investments.
 
This thread needs a bump, check out how bullish we all were in August 2008, and now looks whats happened. Don't forget about how bullish we feel right now in this current rally, and then what comes next? Look out below:2twocents
 
This thread needs a bump, check out how bullish we all were in August 2008, and now looks whats happened. Don't forget about how bullish we feel right now in this current rally, and then what comes next? Look out below:2twocents

Careful now, not all of us were bullish back in August last year.
 
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