SPI 200 Futures!

[kid hustlr]

What is it that makes market change the way the SPI has, is it liquidity, fewer algoes, more retail traders, more institutional?

Added volatility at the moment I'm sure has helped.

I figures its just swings and round abouts. The ASX used to have lots of retail punters, then most got wiped out in the GFC, and its been quiet for a while. Now perhaps we are seeing a little more 'real' interest in our market, they have volume to do which moves markets, which attracts traders and the cycle begins again.

The underlying stocks must be an issue here also - the ASX's make up is just so horrid it probably doesn't assist with trading the index?

I'm talking my book here but I think there's been a dynamic shift since the August lows. This in itself could be a factor.

So lots of factors but long story short i don't know :1zhelp:

 

[Trembling Hand]

Scratch all that just realized I'm wasting everyone's time.

 

[Quant]

Yeah its been behaving quite nicely in recent times.

How are you seeing it now? Looks like we are back into the range - I'm looking for another push up over the coming days with (possible) resistance circa 5200

yeah seeing the same as yourself , 5200 speedhump and then we have the longer term sliding resistance ( around 5300 ) from April highs as next key , 5300 good prospect in coming month ...



Liquidity be an issue from here on next few weeks , usually takes till jan 10 ish for volume to return mind you the markets gets a little skitterish last few months

 

[CanOz]

Scratch all that just realized I'm wasting everyone's time.

Mate, don't be bothered by that, there is an ignore button for that reason. It's really a bonus to have you posting again, especially in Modest's thread.

 

[kid hustlr]

Mate, don't be bothered by that, there is an ignore button for that reason. It's really a bonus to have you posting again, especially in Modest's thread.

Agreed.

Was surprised about the cyclist bit by the way, I'm now trying to work out if TH is actually Jan Ulrich or Sean Eadie.

 

[skyQuake]

Agreed.

Was surprised about the cyclist bit by the way, I'm now trying to work out if TH is actually Jan Ulrich or Sean Eadie.

Clearly Lance Armstrong

 

[CanOz]

My point was, to draw the link to a competitive performance sport....

 

[Quant]

Joe Blow I request you ban me , I really don't want to be part of this place . the Collingwood cheersquad is a friendlier place for an away team ..... good luck to all but I don't need this **** ....

 

[cynic]

Joe Blow I request you ban me , I really don't want to be part of this place . the Collingwood cheersquad is a friendlier place for an away team ..... good luck to all but I don't need this **** ....

I for one am sorry to hear that you feel that way. It might be worth noting that the nature of some on forums is akin to the markets :- quick to condemn mistakes/oversights whilst slow to acknowledge/compliment/reward prudence.

 

[fiftyeight]

Scratch all that just realized I'm wasting everyone's time.

WOW , what did I miss???

 

[CanOz]

Joe Blow I request you ban me , I really don't want to be part of this place . the Collingwood cheersquad is a friendlier place for an away team ..... good luck to all but I don't need this **** ....

See ya!:xmaswave

 

[fiftyeight]

Joe Blow I request you ban me , I really don't want to be part of this place . the Collingwood cheersquad is a friendlier place for an away team ..... good luck to all but I don't need this **** ....

Please ban me...... haha

 

[CanOz]

Big consolidation in the SPI, almost time to shake out a few....

 

[CanOz]

Indeed the SPI broke out of its consolidation this morning after a brilliant Minwa style shakeout at the prior LOD.

Some heavy selling on the close today would have provided a nice quick short before 16:30 and Miller Time