Garpal Gumnut
Ross Island Hotel
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Re: PANIC!!!!!
Agree, its early days yet.
Garpal
tech/a said:
Agree, its early days yet.
Garpal
PANIC!!!!! (Strategies for those long)
- Thread starter tech/a
- Start date
Re: PANIC!!!!!
Tech - I dont profess to be a chartists a-hole - but I`ll have a go.. to me it looks bad from that chart. Tested resistance many times and failed - broke down through support instead....
I say down from here. How far - I wish I knew????????
Gotta go teach some grommets!!!
tech/a said:
Tech - I dont profess to be a chartists a-hole - but I`ll have a go.. to me it looks bad from that chart. Tested resistance many times and failed - broke down through support instead....
I say down from here. How far - I wish I knew????????
Gotta go teach some grommets!!!
Re: PANIC!!!!!
Sanity? Freakin' EU & Asian bloodbath while the Americans party? "ooops, did we say something? Our economy?"
If they keep this up they will soon be seeing missiles whistling over their fake blue sky and that will be before their $ tanks and drags us all back to the stoneage.
Just my hostile but Humble Opinion - Avoid heavy medicine.
greggy said:
Sanity? Freakin' EU & Asian bloodbath while the Americans party? "ooops, did we say something? Our economy?"
If they keep this up they will soon be seeing missiles whistling over their fake blue sky and that will be before their $ tanks and drags us all back to the stoneage.
Just my hostile but Humble Opinion - Avoid heavy medicine.
Re: PANIC!!!!!
That's idealistic but it's not reality. From OZ it may not look that political, but maybe step into Germany, or France or ... Iran ....
Everyone is saying the US is lying in that "there is no real problem"
Maybe you're just not hearing over there.
MHO - Please DYOR.
That's idealistic but it's not reality. From OZ it may not look that political, but maybe step into Germany, or France or ... Iran ....
Everyone is saying the US is lying in that "there is no real problem"
Maybe you're just not hearing over there.MHO - Please DYOR.
Re: PANIC!!!!!
I'm not getting your thread. I'm referring to the market. Just a little bit confused.Atomic5 said:That's idealistic but it's not reality. From OZ it may not look that political, but maybe step into Germany, or France or ... Iran ....
Everyone is saying the US is lying in that "there is no real problem"
MHO - Please DYOR.
Re: PANIC!!!!!
The ASX follows the US market like everyone else.
If IT tanks, the ASX will tank.
The US is saying there's no need to panic (happy happy joy time).... but the data says otherwise.
This tends to irritate other nations whose markets are tanking and who then want to throw bombs at the US or sell off $US dollars and deal instead in ruples or beans.
One way or another we may be in trouble.
MHO - I sound drunk but Im not.
The ASX follows the US market like everyone else.
If IT tanks, the ASX will tank.
The US is saying there's no need to panic (happy happy joy time).... but the data says otherwise.
This tends to irritate other nations whose markets are tanking and who then want to throw bombs at the US or sell off $US dollars and deal instead in ruples or beans.
One way or another we may be in trouble.
MHO - I sound drunk but Im not.
Re: PANIC!!!!!
Thanks for the explanation. At worst this will be a correction and I still feel that our market will see new highs before the end of 07. Put me down as an optimist after 28 yrs trading exp.
You seem a little bit stressed. I hope you didn't overextend yourself.
Other than Celebrex for my back pain I'm not taking any other medication.
DYOR
Hi Atomic5,Atomic5 said:The ASX follows the US market like everyone else.
If IT tanks, the ASX will tank.
The US is saying there's no need to panic (happy happy joy time).... but the data says otherwise.
This tends to irritate other nations whose markets are tanking and who then want to throw bombs at the US or sell off $US dollars and deal instead in ruples or beans.
One way or another we may be in trouble.
MHO - I sound drunk but Im not.
Thanks for the explanation. At worst this will be a correction and I still feel that our market will see new highs before the end of 07. Put me down as an optimist after 28 yrs trading exp.
You seem a little bit stressed. I hope you didn't overextend yourself.
Other than Celebrex for my back pain I'm not taking any other medication.
DYOR
theasxgorilla
Problem solved... next bubble.
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Re: PANIC!!!!!
So where are you from then Atomic?
Atomic5 said:That's idealistic but it's not reality. From OZ it may not look that political, but maybe step into Germany, or France or ... Iran ....
Everyone is saying the US is lying in that "there is no real problem"
MHO - Please DYOR.
So where are you from then Atomic?
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Re: PANIC!!!!!
I spent some time last night going over the eps of the equities I hold (that have had actual earnings).
80% of my shares trade at an eps below 15 times.
Several, like MRE, trade in the single digit eps.
I hold 36 different equities.
The majority of my equities are commodity-based, and should be dog**** if we are heading down the gurgler.
Oddly enough, I recall the carnage of last May, and did yesterday and today what I did then - added to existing holdings.
And I still have quite a bit saved up for next week's bargain basement sale, should it be so declared.
China coughs and the rest of the world catches a cold!
Confucius said.
I emboldened the "fundamentals" quote.ducati916 said:
I spent some time last night going over the eps of the equities I hold (that have had actual earnings).
80% of my shares trade at an eps below 15 times.
Several, like MRE, trade in the single digit eps.
I hold 36 different equities.
The majority of my equities are commodity-based, and should be dog**** if we are heading down the gurgler.
Oddly enough, I recall the carnage of last May, and did yesterday and today what I did then - added to existing holdings.
And I still have quite a bit saved up for next week's bargain basement sale, should it be so declared.
China coughs and the rest of the world catches a cold!
Confucius said.
Re: PANIC!!!!!
DYOR
In the midst of last year's panic I sold my WMT at around 2c (a fixed stop loss of 15%), the only stock I sold. Look at it today (high teens). Don't panic if you do your research and find some overlooked gems. Forget the noise!!rederob said:
DYOR
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Re: PANIC!!!!!
rederob
Sure they have low P/E's they are commodity cyclicals.
Buying them at the dangerous end of the cycle.
jog on
d998
rederob
Sure they have low P/E's they are commodity cyclicals.
Buying them at the dangerous end of the cycle.
jog on
d998
theasxgorilla
Problem solved... next bubble.
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Re: PANIC!!!!!
Your leftist, anti-American writings suggest you're in western Europe somewhere
Atomic5 said:Gorilla - Im Australian but I dont live there anymore.
Your leftist, anti-American writings suggest you're in western Europe somewhere
tech/a
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Kauri
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Out Too Soon
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Re: PANIC!!!!!
Having missed the fun yesterday (the mobile went mad with SMS alerts ) I jumped on the bandwagon this morn & "bought me some bargains". IF all gos pear shaped tho I will change my leopard spots & suddenly call myself a "long term investor" (I Do so solemnly Pledge) that way I wont lose a damn thing except some missed opportunitys while my equity is tied up "long term". 6mths (or 18) time I will still come out on top. - that's only if all gos pear shaped, personally I think we still have another couple of months. 
PS: Tech/A knows a hell of a lot more what he's talking abt, I'm just a babe in the woods. (bl**dy ugly babe tho)
Having missed the fun yesterday (the mobile went mad with SMS alerts
) I jumped on the bandwagon this morn & "bought me some bargains". IF all gos pear shaped tho I will change my leopard spots & suddenly call myself a "long term investor" (I Do so solemnly Pledge) that way I wont lose a damn thing except some missed opportunitys while my equity is tied up "long term". 6mths (or 18) time I will still come out on top. - that's only if all gos pear shaped, personally I think we still have another couple of months. PS: Tech/A knows a hell of a lot more what he's talking abt, I'm just a babe in the woods.
(bl**dy ugly babe tho) Similar threads
