Australian (ASX) Stock Market Forum

Predictions for ASX Opening Tomorrow

So whats the feeling out there for tomorrow?:confused:

Futures suggest flat - but I think it will be positive. US hasn't had a week that good for ages. Sentiment seems to be swinging towards positive market sentiment and less doomsdaying. just imo
 
Futures suggest flat - but I think it will be positive. US hasn't had a week that good for ages. Sentiment seems to be swinging towards positive market sentiment and less doomsdaying. just imo

Gains in some stocks, flat/drops for others. Certain commodity stocks might continue their rise on the back of some price gains, but we may see some conservative selling until later in the afternoon when a more clear image emerges on how the US markets may fair. Gosh, I sound like that twat Petrowski :(
 
Futures are a bit flat, but commodity prices were up.

I'm expecting Rio to shine and BHP to be a bit flat.
 
This forum is thread is turning out to be very helpful for a beginner like myself. Thanks everyone. I am learning a lot.
 
I reckon the sell down in the US overnight was a tad overdone. They got what they expected (quarter point cut), just not what they wanted (half point cut). Big whoop!

The ASX is following suit as usual but uncalled for. The DOW should pick up over the next few days, IMO.
 
Yea thats an understatement and a half. Talk about sour grapes and greed. They have major problems over there ,and the Dow throws a wobbly over a tid bit of a per cent. Why are we still following those jerks. Why don't they toughen up!!! have their recession (that they deserve for being greedy idiots) and while they are about tightening their bloated waist belts .... fix up their burgeoning national and personnel debt levels.
 
Yea thats an understatement and a half. Talk about sour grapes and greed. They have major problems over there ,and the Dow throws a wobbly over a tid bit of a per cent. Why are we still following those jerks. Why don't they toughen up!!! have their recession (that they deserve for being greedy idiots) and while they are about tightening their bloated waist belts .... fix up their burgeoning national and personnel debt levels.

Ohhh, we are really no better off than they are. Everyone are responsible because of all the cheap credits we were given since after the tech bust. Our personal debt levels are just as worst as they are.
 
Hong Kong and Japan caught the American cough today.It seems the cough might persist tonight in America.The European markets are catching it tonight.Must be a hemispheric phenomenon as we haven't felt or caught it yet.Tomorrow maybe?Santa rally!Hope he is packing his sleigh tonight for delivery next week.
 
Hong Kong and Japan caught the American cough today.It seems the cough might persist tonight in America.The European markets are catching it tonight.Must be a hemispheric phenomenon as we haven't felt or caught it yet.Tomorrow maybe?Santa rally!Hope he is packing his sleigh tonight for delivery next week.


Hello Sassa, :) What cough??????

Fact or opinion?
Quote:
Lest there are any doubts, here is the Richard Russell position on the stock market. We are in a primary bear market. The bear market was signalled when, on November 21, the D-J Industrials Average closed below its August 16 low of 12845.78, thereby confirming the prior breakdown of the Transports.

Who is we?????What in the statement do you believe to be true????
 
Hello Sassa, :) What cough??????

Should I have said sneeze? A 273 point gain at opening to a 31 point gain at close.

Who is we?????What in the statement do you believe to be true????
"We," I would imagine is the good old U.S.of A.I prefaced my paste with fact or opinion.I was asking you,the contributors.
 
What next! take my eyes off the market for a day on Friday for a few days away with the family and come back to chaos! Any predictions for the week?
 
I predict a bad one today. I'll sell the stock I purchased yesterday (which was a bargain prices) as I think this will be one of the worst weeks we've seen for a while.

We'll see in 1 and half hours. :eek:
 
I predict a bad one today. I'll sell the stock I purchased yesterday (which was a bargain prices) as I think this will be one of the worst weeks we've seen for a while.

We'll see in 1 and half hours. :eek:

Do you really think it is going to be that bad?
Does that strategy run the risk of increasing your losses if you can't buy lower than your sell price?
Hopefully the bargain hunters will minimise the damage.
We have 3-4 days to wait for the "Santa Rally":rolleyes:
 
I predict a bad one today. I'll sell the stock I purchased yesterday (which was a bargain prices) as I think this will be one of the worst weeks we've seen for a while.

We'll see in 1 and half hours. :eek:

Lemmings active again I see.
 
Do you really think it is going to be that bad?
Does that strategy run the risk of increasing your losses if you can't buy lower than your sell price?
Hopefully the bargain hunters will minimise the damage.
We have 3-4 days to wait for the "Santa Rally":rolleyes:

Driving back home after a few days of rest at Port Fairy when I saw Santa iffigy upended with his legs sticking out of an old steam engine smoke stack at a place called Killarney. So the rally delivery may not be.
 
Do you really think it is going to be that bad?
Does that strategy run the risk of increasing your losses if you can't buy lower than your sell price?
Hopefully the bargain hunters will minimise the damage.
We have 3-4 days to wait for the "Santa Rally":rolleyes:

There isn't going to be a Santa rally, maybe a Santa restoration (restoring some of the damage done during the lead up to Christmas), however I doubt that as well.

I believe we'll have another terribly red day, unfortunately :( If base metals had gone up, would be a different story - but, there really isn't anything positive to cling to...so, why would any bargain hunters come in yet? The general consensus is that we have not hit the bottom, all of the cash-holders are just laughing it up, & waiting.

Unless things pickup in 08, next dividend season for each of my stocks I'm selling out, & coming back as a day trader :D
 
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