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- 30 June 2008
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Nah. Just get off this crazy thread and do something useful!!Sit down, put your arms around your knees, lean well forward and kiss something goodby.
buying in last 20 minutes ... up nearly 200 pts. 5050Market is RS at the moment. ASX200 well under 5000
The economics of this situation will only get worse. We will really have to come up with creative solutions that keep our infrastructure mostly intact and not destroy peoples lives.
How ?
Two monthsand the share to be under 4500 within 2 months
Interesting day tomorrow if the dow dumps.
This is what the great technician has to contribute? Don't strain yourself tech/a. People out there losing moneyDow will test the low just as we are.
Still think we are close to a consolidation area.
I think only the businesses with good margins would be able to weather the storm.
I just noticed today Woolies have pushed the prices up on quite a lot of everyday items. Not blaming them because I don't know if their suppliers have done it, and Woolies is just passing them on... Either way it is putting more stress on family budgets and other smaller businesses with thin margins that rely on them.
Virus hasnt even spiked here yet. Will spike in USA this coming 2 weeks just like Italy has done. Then Dow wil be truly farked. Aus as usual will be late to the party.Dow will test the low just as we are.
Still think we are close to a consolidation area.
if we see Europe and the US with 10s of 1000s of deaths in the next few weeks
They will be right.
Pessimistic?
Maybe I’m Optimistic?
that would be pretty typical market behaviour especially considering what is lilely to come with the next earnings season.My thinking is more that you’re half right.
A bottom is near, we get a bounce, then we go to new lows.
Just my thoughts, I could well be wrong.
each time it goes down, we get more forced selling. So when it goes up, this will stop.that would be pretty typical market behaviour especially considering what is lilely to come with the next earnings season.
That's what I'm waiting for, or rather, the preceding intel.
Agree.each time it goes down, we get more forced selling. So when it goes up, this will stop.
Hold on a minute, went up 11 % on Friday. Mmmm, where are we now, three days later?
IMO still haven't seen panic / capitulation
Dead cat bounceMy thinking is more that you’re half right.
A bottom is near, we get a bounce, then we go to new lows.
Just my thoughts, I could well be wrong.
What's really hard to believe is that it's been a one way move since the end of February. Where are the rallies or counter-trends ?My thinking is more that you’re half right.
A bottom is near, we get a bounce, then we go to new lows.
Just my thoughts, I could well be wrong.
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