Australian (ASX) Stock Market Forum

SPI200 Chat - What will happen next?? *suspense music*

I emailed them last night sails about 5sec delays with FTSE pricing - they say they have a known problem with their feed into MT4 & hope to have a solution soon

Thx Edwood. Their spreads seem to be about right - although a bit hard to tell when they're not in sync. Will be interesting to see if they can get if fixed!
 
That assumes we will get there man. I am still not 100% sure that is the case.

Hm, i cannot help but find similarities: when we were going down everyone was convinced we'll get to 2800 and we didn't, now when we are going up every one is convinced we'll pass 4000 for that we'll have to wait and see. That's one thing you gotta love about the market it is unpredictably predictable in the way that everytime everyone is convinced it will do something it doesn't.
 
Hm, i cannot help but find similarities: when we were going down everyone was convinced we'll get to 2800 and we didn't, now when we are going up every one is convinced we'll pass 4000

Not true at all.

Most had us going to 3200, with some also accepting the possibility of 2800 or worse while others were just as convinced we would rebound quickly, as we had decoupled :cool:.

Who is the "every one" that is "convinced" that we will pass 4000? (Feel free to quote "every one")

There are many possibilities from where are now, as there always are.
 
Not true at all.

Most had us going to 3200, with some also accepting the possibility of 2800 or worse while others were just as convinced we would rebound quickly, as we had decoupled :cool:.

Who is the "every one" that is "convinced" that we will pass 4000? (Feel free to quote "every one")

There are many possibilities from where are now, as there always are.

For starters about 80% of the participants in this forum (for me that is a majority), then moving onto the analysts and as far as the worst is over statatements are concerned the list is even longer including Murdoch, Bernanke, Geithner, KRud etc....
 
Guppy predicted that we would go to 2500 in a flash! That was funny, I was stuck long. The next day we broke 3100 and went up ever since.
 
For starters about 80% of the participants in this forum (for me that is a majority), then moving onto the analysts and as far as the worst is over statatements are concerned the list is even longer including Murdoch, Bernanke, Geithner, KRud etc....

You didn't state "the worst is over", you said EVERYONE is CONVINCED we will break 4000.

I agree with your theory, in principle, of the contrarian view you were trying to get across but your sweeping generalisation of the posters on here wasn't correct nor was it even close.
 
Seeish!! Oil on a run as well as ES ....



so who thinks that the Stress test will be,

1. a surprise?

2. matter?
 
Seeish!! Oil on a run as well as ES ....



so who thinks that the Stress test will be,

1. a surprise?

2. matter?

the crude is painful.. didnt quite expect it!! i doubt there will be a surprise, most of it is out. i am hoping some selling on the news though... what do you think TH?
 
the crude is painful.. didnt quite expect it!! i doubt there will be a surprise, most of it is out. i am hoping some selling on the news though... what do you think TH?

No idea Ivan. But you are right most of it is out.

If the oil price is a proxy for the economy we look to be going the opposite way most are predicting for the world :confused:
 
Not true at all.

Most had us going to 3200, with some also accepting the possibility of 2800 or worse while others were just as convinced we would rebound quickly, as we had decoupled :cool:.

Who is the "every one" that is "convinced" that we will pass 4000? (Feel free to quote "every one")

There are many possibilities from where are now, as there always are.

My post was in response to ivant's response to a post that asked whether he couldn't sell his position now and reenter at 4000?
 
I'm looking for it too. CNN just mentioned that it is expected some time today, possibly after markets close.

Feels like I'm waiting to find out who won the grand final...
 
No idea Ivan. But you are right most of it is out.

If the oil price is a proxy for the economy we look to be going the opposite way most are predicting for the world :confused:

Oil is an interesting chart.

Note that I made a typo in the text of that chart. I said that the AUD/USD is rallying at 79cents when in fact we are around about 74-75 cent range.
 

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Thanks Tradeism, I was hoping I would be able to watch it before we went to bed, but I agree, most is probably leaked and no big surprises, causing a stronger Europe at the moment.

Thanks for the oil chart AL, line probably wasn't respected in October 08 because of the momentum behind it, but it could well be now, a good sign for you hopefully Ivan!
 
How correlated is oil vs US market vs SPI?

My immediate thoughts are that oil and US market (and hence SPI) are correlated, with oil potentially lagging the market.

So, is it wise to heavily short both? (Forget about the question if it is wise to heavily short any of them at present...)
 
My immediate thoughts are that oil and US market (and hence SPI) are correlated, with oil potentially lagging the market.

So, is it wise to heavily short both? (Forget about the question if it is wise to heavily short any of them at present...)

My thoughts exactly. But, what's done is done. You have to remember the rhetoric on oil is that supply outweighed demand a week and a half ago, and most news on oil was bearish :eek:. It's like most things to do with the market, it's easy to say in hindsight, but try picking the right direction sometimes.
 
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