Australian (ASX) Stock Market Forum

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

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Real1ty said:
One thing i find interesting is many who think we can continue to go higher, of which i am one, at least realise the possibility of a descent retracement yet a lot of the bears can only see one direction.
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You're not comparing equivalent positions. Here's your comment with a few words changed:

One thing i find interesting is many who think we can continue to go lower, of which i am one, at least realise the possibility of a continued rise yet a lot of the bulls can only see one direction.
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The fact is that there are bears and bulls that see only one direction, and bear and bulls who allow for the possibility of a decent move in the other direction. There are also those who don't care or don't have an opinion.
 
Mr J said:
You're not comparing equivalent positions. Here's your comment with a few words changed:



The fact is that there are bears and bulls that see only one direction, and bear and bulls who allow for the possibility of a decent move in the other direction. There are also those who don't care or don't have an opinion.
Click to expand...

I am calling it as i see it.

There are many more bears calling for a leg down than there are bulls claiming this will continue to rise. Of course there are probably more in the middle that are not all that sure and that it really doesn't matter to them either.

As i said, most of the bulls i have noticed are not as dogmatic as the bears.A lot of bears have one eye and it is pointed in one direction only.

Feel free to prove me wrong with multiple bull quotes if you like.
 
There are many more bears calling for a leg down than there are bulls claiming this will continue to rise.
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Perhaps, but that can be explained that there just seem to be many more bears in general - particularly when considering market participants and not economists and analyists. Many believe there must be at least a correction of the rally, and the longer it lasts, the greater it is needed. This is why they may be focused more on one direction. From I've seen of the bulls, many don't seem to be considering a correction, but assume we're back on the way up. Neither side seems particularly open right now.

Personally, I have no idea what is going on. The rise does not bring 'balance' in my view, so I would be bearish, but I became neutral a couple of months ago. Every time it seems ready to fall down, it breaks up to new highs. Just makes me glad I focus on shorterm movement.
 
Yep i am ,

Is it normal to see the bids/ask scattered all over the price ladder ?, i was always under the impression that the front month was always pretty tight, it looks like the night session.
 
cutz said:
Yep i am ,

Is it normal to see the bids/ask scattered all over the price ladder ?, i was always under the impression that the front month was always pretty tight, it looks like the night session.
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What you looking at? tight as tight from this end. :confused:
 
Oops, :eek:

Bit of finger trouble, actually playing around with the dec contract.

Just fixed it up, thank god for ASF.
 
By the way what happened to our your young maverick? He's not updating his blog. Last I remember he was a little underwater on a small short?
 

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