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

[clayton4115]

well by the way the market went today and its performance on friday, im sure we going to get to 4000 sooner than we think!

i gotta close my shorts tomorrow!

 

[Trembling Hand]

Lol I am short again entered 3900. Interesting to see how this one goes.

i gotta close my shorts tomorrow!

What possible signal have you got to be short. EVERY thing is running.

Its quite clear that the boyz are back into risk taking mode and your are short

 

[beamstas]

Lol I am short again entered 3900. Interesting to see how this one goes.

Maybe its time i went long then

 

[MRC & Co]

Yeh, I just worry for you Ivant, that we have already seen profit taking in this range and now institutional buying is starting again.

I also think the SPI should be higher from a fundamental perspective, relative to other indices and with a rising AUD, it would be a good place to lay down your bets for international speculative capital. I really think spreads on the long side could start coming into our market from abroad.

Add in a ravaged USD, Treasuries falling with yields still too low and some huge liquidity boosts coming into the global economy from CBs and Governments, and you can start to see why this rally has it's foot on the peddle.

Nowhere else to put your coin, other than gold (which is about the only thing near it's high). Hard assets look to also be seing some of the coin, as financial assets look a wreck in these times. Negative real yields to be seen from them probably yet.

 

[rossw]

Yea I saw a tonne of asx20 EOD 1610 volume.
3950 should be easy, if not higher.
Might need to wait a week or two, but it should get there.

there were some MSCI index re-weights done on friday which caused all that stock volume in the match as portfolio managers rebalanced

 

[ivant]

We will see about the equities, I could be wrong. I had my first losing month in May since last May. I lost 5% of my capital. As to why I am short, it is in my blog. There are a few charts there

 

[sammy84]

Once again when Ivan has gone short, I have started going long. Entered longs last friday in the US and AUS. Momentum seems to be favoring a run higher. Money management will save the day if I'm wrong.

 

[Broadway]

there were some MSCI index re-weights done on friday which caused all that stock volume in the match as portfolio managers rebalanced

Ross, could you explain that in a little more detail to a newb like me?

Much appreciated.

 

[Largesse]

looks likes its going to be another one of those 'underwater off the bat' type trades for ya Ivan?

Bloomberg just showing up at 939.71

 

[Trembling Hand]

Ross, could you explain that in a little more detail to a newb like me?

Much appreciated.

Have a look here. http://www.mscibarra.com/products/indices/equity/index.jsp
http://en.wikipedia.org/wiki/MSCI_World

MSCI International Equity Indices are the most widely used global benchmarks in the industry. Its like the All Ords for the world.

They got re-shuffled so all the world funds & ETFs that track it will be shuffling to equal the new weightings in each company. hardly a new money trade, just book keeping.

 

[nunthewiser]

a nice lil short ......... right about ...............................here?

oops better add a number

942.20


for the record this is not a trade as such just an observation

 

[Bobby]

Check these figures :

The US alone has interest-bearing liabilities of $30 US Trillion .
So far the US Fed & Treasury have pumped about $3 to $4 trillion into the system compared to base money of about $800 billion before the the crash .

Whats the total worth of of the US ?


Confused " me also .. possible $176 trillion .

 

[Broadway]

Have a look here. http://www.mscibarra.com/products/indices/equity/index.jsp
http://en.wikipedia.org/wiki/MSCI_World

MSCI International Equity Indices are the most widely used global benchmarks in the industry. Its like the All Ords for the world.

They got re-shuffled so all the world funds & ETFs that track it will be shuffling to equal the new weightings in each company. hardly a new money trade, just book keeping.

Ok cool, I get that.Thx.

But how does that make all the 1610pm asx20 volume triple?

Heres BHP as an example, but all the asx20 looked the same on friday avo.

And is it just coincidence that we rallied since then?

 

[Broadway]

a nice lil short ......... right about ...............................here?

oops better add a number

942.20


for the record this is not a trade as such just an observation

I think in a day or two we will be below ES940.

 

[Trembling Hand]

Ok cool, I get that.Thx.

But how does that make all the 1610pm asx20 volume triple?

Heres BHP as an example, but all the asx20 looked the same on friday avo.

And is it just coincidence that we rallied since then?

Mate you don't get it. Clearly by the second line in your post. It was fundies doing business. Simply swapping and re balancing portfolios with the arbs. If you did get it you would of noticed that all week the SPI was running 15 or more points away from the XJO, higher and lower on days. Friday it got squared up. The fundies needed to move a lot of stocks, both buys & sells, on the close of biz Friday as per the index reshuffling. The arbs helped them out. Of course they did what arbs do and got there clip off the top by getting 15 points all week.

BUT,

You just want it to be a positive like you always do. Thou you haven't answered me about why is it a positive when there was equal amount of LARGE sellers?????

 

[Sean K]

As to why I am short, it is in my blog. There are a few charts there

Why can't you post it in here ivant?

 

[Trembling Hand]

:

Why can't you post it in here ivant?

Cuz he wants to go to gaol :emp:

 

[beamstas]

when there was equal amount of LARGE sellers?????

Exactly
In fact i see high volume as the opposite
Bearish

 

[ivant]

Why can't you post it in here ivant?

Because the charts are pasted into there and the explanations are given. Why repeat myself?

:

Cuz he wants to go to gaol :emp:

I do? lol. That's a new one...

 

[Sean K]

Because the charts are pasted into there and the explanations are given. Why repeat myself?

No need to. Paste them in here first. Then in your blog make a link to ASF. Simple!