Equities on verge of very violent crash?

[M34N]

*cluck, cluck....****-A-Doodle-Dooo!*

The markets still have rallied something like 15% off their lows, so don't cluck yet

We have gone up a lot in the past few weeks so naturally a 'reality check' from the rally is not unexpected, we were more than overdue for a couple down days. The test will be to see if it continues down or can stabilize from here, but with the earnings season starting in the US soon (next week?) it could either surprise to the upside, or we hit new lows. Either way I'm personally expecting a big move either way and I believe the earnings season will be the trigger.

Personally I'm short BHP at the moment and ready to close it at the latest by the end of week to prevent getting caught.

 

[nomore4s]

Interesting response by the XAO this morning, be interesting to see what the rest of the day brings.

 

[waz]

I think the rise in the All ords since 10am can be explained in the bullish pre-market activity for the Hang Seng (which currently is expected to open even). Something good must be coming out of China today. Dont know what though.

Edit:
Just realised, 31st March is a big day for Asia. Lots of window dressing today.

 

[moXJO]

This is way OT and a bit off with the fairies (And possibly a sign I'm trading too much) But last night I dreamt I was in a paddock surrounded by miniature bulls. Must have been stock related because I flew to Japan to check the DJIA
As a bonus one of the bulls gored my wife:. Being a sophisticated investor I took this as a sign rubbed my lucky Buddha statue, and rabbits foot, then adjusted the horseshoe before buying up big


Just in case
(Not financial advice and I didn't buy up either)

 

[Mitsimonsta]

last night I dreamt I was in a paddock surrounded by miniature bulls. Must have been stock related because I flew to Japan to check the DJIA

This is hilarious. Were they Wagyu or some other Japanese breed?

As a bonus one of the bulls gored my wife:

Good bull. I'd be feeding it beer.

Looks like market is still shaky.... very volatile in today's movements.

 

[White_Knight]

The question is, what anatomical part did the bull gore your wife with?

Perhaps the dream wasnt investment related at all and you should be looking closer to home!

 

[Trembling Hand]

I think the rise in the All ords since 10am can be explained in the bullish pre-market activity for the Hang Seng (which currently is expected to open even).

So all the buying in the SPI & ASX from the open was from the HSI that was 3 hours away from any transactions?