Predictions for ASX Opening Tomorrow

[Whiskers]

Whats the prediction for tomorrow?

I'll bet the ASX doesn't open tomorrow.

 

[cordelia]

Tomorrow's a holiday.

 

[Birdster]

I'll bet the ASX doesn't open tomorrow.

Safe bet whiskers!

Will be looking at the world markets closely for any sudden turn. An "up" day tommorrow, globally, should entice a green day for the ASX on Tuesday (and the the opposite of course for a down trend)

My prediction if you call it that

 

[insider]

Safe bet whiskers!

Will be looking at the world markets closely for any sudden turn. An "up" day tommorrow, globally, should entice a green day for the ASX on Tuesday (and the the opposite of course for a down trend)

My prediction if you call it that

I think it might be some time for red... They've rebounded quite strongly and its probably time for a speeding ticket... Why does it feel like roulette... red or black?

 

[Kimosabi]

Safe bet whiskers!

Will be looking at the world markets closely for any sudden turn. An "up" day tommorrow, globally, should entice a green day for the ASX on Tuesday (and the the opposite of course for a down trend)

My prediction if you call it that

I think there is going to be more Red than Green next week.

I just saw a report that US commercial property is crashing and Bond Insurers are looking at $1 Trillion worth of losses. The purge will continue IMO...

 

[So_Cynical]

World markets will be down Monday and we will follow Tuesday.

Perhaps...just perhaps the last great buying opportunity.

 

[overule]

I see more red on Tuesday but mining sector will be green esp. BHP.

 

[laurie]

American
Stock
Xchange

may as well combine the two together

cheers laurie

 

[ithatheekret]

I hoping MON goes up in the US , picked up some just above $96 , sold half at 114.20's , dropped back towards 109ish when I last saw it , before I had nanny nap at my desk . Closed @ 108.13 .

Fingers crossed the market starts picking it up again , because the remainder is meant to be hold . It's really hard when you pay in the $100 regions for stocks sometimes , and I hate pushing the margin into overload . But it certainly limits my allocation on these type of stocks . If I missed the zone I would double down , but then I would have to put the profits back in , that goes against my system , always bring some back home to rest .

If it slightly dipped I would be tempted , but only sentiment can control that and at $100 a share that sentiment is spread across a lot of players seeing the $100 firstly as instant liquidity or like me the dip towards and just below , great value .

By the way , this is not investment advice ........ yada yada yada

 

[Buffettology]

^ You are investing in the US at the moment? Man, big ballz! Not only is their market in worse shape than there, but their dollar aint looking too good either!

 

[M34N]

World markets will be down Monday and we will follow Tuesday.

Perhaps...just perhaps the last great buying opportunity.

Buying or selling opportunity? :

As far as I see it, we had a 5% gain on Friday, on the back of US futures showing a +1% gain, but the Dow ended down 1.5%.

One would think, all things being equal, the US would need to rise at least 1.5% to make up for Friday's sell-off for us to get close to green on Tuesday, and US futures now showing -136 points (around -1.2%).

If things stay the same, we should by all rights see a 2.5% drop at least on Tuesday, especially given the poor performance of Asian stocks today.

It's going to take a very good performance on Wall St tonight to give us hope. FOMC meeting coming up, market will probably be negative in lead-up to this, and if helicopter Ben doesn't drop rates again, I can picture bloodshed ... maybe he should just drop rates to 0% now, stimulate the economy and that way we don't have to have any more FOMC meetings lol :

 

[vishalt]

Pointing 3% down at the moment, brace yourselves!

 

[Bushman]

Pointing 3% down at the moment, brace yourselves!

Can you believe this market? Talk about manic depression...

Massive slump due to fears of a recession, massive rally due to Fed cut alleviating extent of recession, massive slump due to .... er lack of postive stimuli from the Fed. Roller coaster.

 

[overule]

I think this week will be another roller coaster ride. Down the first few days then rally back up when US cuts interest rate.

 

[Nyden]

I think this week will be another roller coaster ride. Down the first few days then rally back up when US cuts interest rate.

See? You're already factoring in this cut. What if it doesn't come? What's the sound of a brick falling off a cliff? :

 

[Bushman]

What's the sound of a brick falling off a cliff? :

Is it 'woosh', 'kerplunk'? If it falls on a cat, we might get another dead cat bounce.

 

[Nyden]

Is it 'woosh', 'kerplunk'? If it falls on a cat, we might get another dead cat bounce.

No, the brick will finish off the cat!
We've already had the bounce, it's time for the cat to finally reveal its death, so we can officially call the bottom, & get on with it.

 

[nioka]

No, the brick will finish off the cat!
We've already had the bounce, it's time for the cat to finally reveal its death, so we can officially call the bottom, & get on with it.

How many of the 9 lives of the cat have we used to date?

 

[So_Cynical]

Lots of people doin ok with the bouncing dead cats.

buy buy buy.

 

[Nyden]

Lots of people doin ok with the bouncing dead cats.

buy buy buy.

OK, that just seems to be a little bit rampish.

Buy, Buy, Buy? Alright, you think the markets will continue going up ... but it's irresponsible for you to be suggesting to the masses to buy.

If you can say that, then here's my spin on your post;

Lots of people doin bad with the dead cats.

sell sell sell.

: Neither which is allowed, & is in jest!