Australian (ASX) Stock Market Forum

Is the market about to take another HIT?

Re: Is the market about to take another HIT??

TheAnalyst said:
This is reality

I wasn't making fun. Isn't that what happened by 9/11, there was some massive shorting of the S&P. I just thought it funny that all their positions went the wrong way overnight.

MIT
 
Re: Is the market about to take another HIT??

noirua said:
From the comment made by President Bush to Prime Minister Tony Blair yesterday, picked up by a microphone accidentally, - or was it?
The US seems to be taking some pleasure in Israel's soldiers not being released and the hell being beaten out of the Lebanon. He probably, President Bush, would like to knock out the key nuclear facilities in Iran and chase some of the Taliban taking refuge in Syria and indeed all those Iranian missiles being brought into the Lebanon and bomb making materials into Iraq, from there.

This does look like being a long-term situation which will zigzag its way through 2006. If you'r a bit of a speculator these markets should be enjoyable, but keep lots of your money in cash in case the pack of cards come tumbling down.

Pox on all terrorists but it is annoying that there is a knee jerk reaction in America that Israel can do what it likes. I thought the proper approach would be to get both sides to a table not to automatically say that Israel is a "white hat" and that it's overreaction is always okay.

MIT
 
Re: Is the market about to take another HIT??

Well personally I've had a guts full of this volatility. TAP oil opened, dropped and hit my stop and then climbed another .06!!!! There comes a time where it’s more profitable to sit back, watch and learn.

That time has come for me.

:banghead:
 
Re: Is the market about to take another HIT??

TheAnalyst said:
Hamas, Hezzabollah and the Syrian and Iranian traders have taken short positions on the sp500 and they are long oil and gold, so what does that tell you?

Really? ;one would think that OFAC would't be too happy to hear that recognised terrorists are openly trading. Where do you get your info on this?
 
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