Australian (ASX) Stock Market Forum

How low can the All Ords go?

WayneL, that post is basically my current view for the Australian economy.

Just one question: Is it worthwhile, as per the last part of the post, measuring the Australian markets rise relative to changes in exchange rates?

As numerous factors could alter exchange rates and currencies could be hedged by international speculative flows..........
 
Does the All Ords represent the % growth/fall in earnings from Australian companies?
 
Does the All Ords represent the % growth/fall in earnings from Australian companies?

no.

kinda a representation of market cap sort of

hard for a bogan to explain but here goes ...... as the asx stocks rise the mkt cap gets bigger so does the xao

and vica versa

XAO just an indicator of the overall view on them ....

XAO falling does NOT mean every stock in it is falling

different stocks have different weightings on the xao to do with mkt cap

excuse my vague explanation but im a lover not a typist
 
has anyone put the obvious? ie zero...ie zilchh, nada, all bust etc.

and thanks nun for the illuminanting insight.....im assuming u had a few slugs of that dodgy coctail before u came up with that lot.

maybe next week u could do the dow vrs the s and p 500 and nasdaq....
 
has anyone put the obvious? ie zero...ie zilchh, nada, all bust etc.

and thanks nun for the illuminanting insight.....im assuming u had a few slugs of that dodgy coctail before u came up with that lot.

maybe next week u could do the dow vrs the s and p 500 and nasdaq....


?

completely sober

are you disagreeing with my statement that the XAO moves are based on ever changing market caps ?

would you like to give an explanation yourself ?
 
Hmmmmmm

obviuosly not

another peanut from the gallery that has no idea except to heckle those that are happy to try and give an answer

onya darl
 
im taking the piss mate. wasnt meant to b an insult as poorly worded as it may have been. what else do u do when its a red day/period in the market and u rnt into shorts. and i dont mean u and its not meant to be read too literally.
 
I subscribe to Huntley's who's view was that the Jan 22 low of 5200ish was the low to rally off to new highs going forward.

This has now proven not to be the case.

I have heard some say that it is now heading to 4700 before it bottoms.

We have so many "expert" opinions - some say black, some say white.

Statistically, 50% will be right and 50% will be wrong.

I think maybe more downside over the next 6 months at least.

What do people think??? :2twocents:confused:

Interesting to look back at the opening post of this thread. I wonder how many subscriber's Huntley's lost in the last 18 months?
 
yes i was closely watching huntley's and fat profits at the time, and they both got it very badly wrong. the latter were by far worse imo, telling us a 70's style rally was imminent each week. since then they have been inundating my mailbox with 'special' offers.
 
Time to re-instate this thread.

A few punters actually predicted low 3000's in mid-2008 which was spot on.

So what do we think? Double dip recession on the card due to European woes or is this correction over?

My tip for the bottom is 4000 and 5000 by the end of the calendar year. The Germans will save the Europe and America is starting to correct.

No double dip recession this year.

All best are off though of contagion spreads to Spain or Blighty.
 
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