Australian (ASX) Stock Market Forum

Great day to deploy capital :-)

This market is as boring as bat doodoo.
It's ranging and not showing the slightest
Reason to plung in a bullish or bearish fashion.

Out of the market is a position.
One I choose.

Even index trading is lack luster.

Seriously makin statements about direction at the moment is pure guess work.
The market will give you plenty of time to take advantage of it.
 
As you can see, low volumes typical of January. As the fundies get back into gear, the momentum will strengthen. Yellow marks the upside break.

So cynical your toot doesn't make sense.

aord1.jpg
 
Today is a great day to deploy capital, medium term time frame. A heap of charts are looking bullish. IMO.

I hope you are right I just deployed the last of my capital today, it would be nice to see some gains at least until I can scrape together some more cash.
 
Is it today ?

15-11-2012 1-14-41 PM.jpg

We could see a short term reversal of trend now that we have pushed down, but there is certainly room for more falls.
Can't see this sell-down continuing until the cliff has been avoided without some relief...
 
Maybe today.

I'm surprised at how crap the SPI was yesterday considering the news from China and the reaction that everything else was getting. And these late US sell offs have a hint of a new "theme" about to take hold....... which will probably be the old one of Dectaper.... Febtaper..... etc
 
I'm surprised at how crap the SPI was yesterday considering the news from China and the reaction that everything else was getting. And these late US sell offs have a hint of a new "theme" about to take hold....... which will probably be the old one of Dectaper.... Febtaper..... etc

Yeah noticed this too. For so long its been buy the last hour in the mini, perhaps a slight changing of the guard
 
Wonder where GB has got to?

Maybe a confidence retreat in the Caribbean? :bowser:

Over the years it's been amazing how many new posters appear, full of ideas and anticipation and make dozens of posts daily only to disappear. Not saying that's the case with G.B but it highlights the fact that most fail in the markets eventually.

Thing is when most give up they are often on the verge of being profitable.
 
My experience is that people often abandon fruitless pursuits because they've finally convinced themselves of the futiility of same.

Although I could entertain the possibility that some may have the misfortune of being on the verge of success just prior to surrender, I could equally argue that many were on the verge of continued losses from their unproductive endeavours.

P.S. Let's make a concerted effort to employ that potent confidence magic (so kindly bestowed on us humble brethren by the prophetic G.B.) and confidence G.B. back into participation of this forum!
 
Over the years it's been amazing how many new posters appear, full of ideas and anticipation and make dozens of posts daily only to disappear. Not saying that's the case with G.B but it highlights the fact that most fail in the markets eventually.

Thing is when most give up they are often on the verge of being profitable.
Perhaps sometimes people join, stay a while, make contributions, don't feel they get too much back, and go away.
To assume they leave because they fail in the market seems a bit unreasonable to me.

GB was/is unusual. That meant that, whilst he could be frustrating at times, he brought colour and interest with his different ideas. If he has departed permanently, it will be loss to ASF imo.
 
GB was/is unusual. That meant that, whilst he could be frustrating at times, he brought colour and interest with his different ideas. If he has departed permanently, it will be loss to ASF imo.
+1
So does anyone knows what happenned to GB?
I hope he is OK and will be back.
 
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