Australian (ASX) Stock Market Forum

International markets traders banter

Boy just NO one is playing in the seng today. Just moving up on no volume........... :eek:

This is one of those low volume breaks that just keep going.
 
boy do i feel stupid for cutting those longs at brkeven cause of 'no vol' followthru

Yeah moves like that always leave you looking stuuupid. I got more ticks in the bank now than at the start of the arvo session but holy clap I've left the good part of a bond car to someone else.

My thoughts 1/2 hour into the arvo sess,

HSI 08-13 (1 Min)  22_08_2013.jpg

350 points later..... :rolleyes:

:millhouse
 
Very good MW. Thanks for your input/overview, that's more like it. While my 'investing' is measured in minutes I suspect you are the next Jim Rogers ;) Where are you based?

Thanks Avion.

When I joined this forum I introduced myself in the Beginner's Lounge. I am based in New Zealand. I would like to visit Australia so that I can get some ideas.

Just like emerging world Australia and New Zealand too will have long term growth.

We will discuss more in the future.
 
haha Seng. Lull everyone into a false sense of security before the weekend and then...

Seng.jpg

SPI still holding really well this week, just as i post this it will probably pop
 
Yeah, it's been full of glitches for me lately, going to do a wipe and reinstall this w/e. That's the first bullish down turn I think I've seen lol.
 
Globally some stock markets, sectors, currencies, housing markets and commodities are over priced now. Definitely NZD and AUD are two of the overpriced currencies in the world. Even Australian and New Zealand stocks markets are somewhat overpriced now. Still over priced markets can go up due to crowd behavior and other factors. On other hand there are undervalued markets, sectors, currencies and commodities. It is time to identify and rotate stocks and commodities in next promising markets, commodities, and currencies.

Globally we had strong rally in some developed, emerging and frontier markets during last two years and what we are seeing now is market correction and pullback. We will see more volatility in markets in the coming weeks.

For some falling currency is a boom for them. For example Indian textile, garment, tea and information technology sectors are going to benefit lot. They will have smile in their face. On the other hand their import oriented industries will hit hard.

There are market cycles, business cycles and industrial cycles. Who know our next attractive investment will have in our breakfast, lunch or dinner or may be in our next province?

When markets are hot many will neglect under-appreciated assets and out of favour sectors. These types of assets and stocks’ will become next great winners.

In advance I expected gold and currency crisis. We are having some sort of currency crisis as well. These types of pull backs, correction, and crisis are part of market journey.

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please do your own research prior to making any investment decisions
 
That's what the colors are in Asia, red is for uptrend and green for downtrend. Maybe IB are adjusting to it.

I think red symbolises wealth(or good fortune) in Asia.
 
That's what the colors are in Asia, red is for uptrend and green for downtrend. Maybe IB are adjusting to it.

I think red symbolises wealth(or good fortune) in Asia.

Nah its a fault. Some of the bars are correct some are not.
 
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