Australian (ASX) Stock Market Forum

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

Mostly these,

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push them up clean them out.

lol.

spike up nearly 20 points, now drop back nearly 30 :eek:
 

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im calling lows for this move... this has a 99% chance of being wrong but I feel that 4500 'area' will hold....







till Monday morning atleast :)
 
Any NinjaTraderers out there know how I can get the full 24 hours on the SPI to show up? Not sure what has gone wrong, I think it used to, but can't seem to figure it out :banghead:

Its just showing the day sessions like so....

Probably not the right thread for it but hopefully it won't take long :eek::D
 

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Gotta love Citi marketmakers, SPI close to some calls barrier level and they don't push through it!

What do you mean by this, sorry my brain is fried and need an easy explanation? :confused::banghead:

BTW, word on the ST, non-farms at -60k. If this is true, goodbye, see you later, the USD 'risk free' trade will get it's rally back on in a real hurry!

Add in good figures are being hosed, and there were some big down moves last night with little present volume, Asia gaps down big-time and still can't get a bid........ominous warnings........!

Only worry, is oil is strong as hell at the moment, the best lead indicator, through hasn't been 'itself' in recent days!
 
They, as the writers of the options, could of pushed the spi down just 3 ticks and made the oppies worthless.

Ah k. My oppies knowledge has gone completely by the wayside unfortunately! :( Used to understand at least the basics, ah well, enough money in the futures! :D
 
In my mind, this time it really doesn't matter. The market has been hammered big time. If the report is bullish, stocks sell of because there could be a rate rise...bearish and then what??? more of the same...

i think its going to take a big buyer to turn this market up.;)

Cheers,


CanOz
 
Which correlation skyquake? just curious.

In the Russell. All the sectors did the same thing, as did the stocks in the sectors. Nothing managed to hold up.

A bit similar to what we had today in our small caps, everything was dumped indiscriminately.

On another note, it seems some portfolios had to sell down holdings today. Crossing in the morning on a range of stocks not limited to XJO or even XKO so I guess it wasn't just an index fund. Diverse selling = redemptions = fund does not have enough cash to pay the people withdrawing = FUND IS ALREADY FULLY INVESTED. No more money on the sidelines. (At least for this fund anways)
Just some food for thought :)

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Unemployment figures were apparently better at 9.7%, so thats what sparked the rally.
 
So...is this good or bad? ES has rallied fairly hard just now..

It's a bad thing IMO, raw numbers showed job losses larger than expected.

Lower unemployment 'rate' can simply show 'disgruntled workers', those dropping out of the labor force and hence, 'lower unemployment', but when you get down to it, jobs were still lost greater than expected.

Though, in the order flow, the down move was extremelly laboured, looked like someone wanted to buy at those levels regardless of the figures which surprised me a lot. Not on my computer, so can't check the things I want, will have to wait until the wk.
 
In the Russell. All the sectors did the same thing, as did the stocks in the sectors. Nothing managed to hold up.

A bit similar to what we had today in our small caps, everything was dumped indiscriminately.

On another note, it seems some portfolios had to sell down holdings today. Crossing in the morning on a range of stocks not limited to XJO or even XKO so I guess it wasn't just an index fund. Diverse selling = redemptions = fund does not have enough cash to pay the people withdrawing = FUND IS ALREADY FULLY INVESTED. No more money on the sidelines. (At least for this fund anways)
Just some food for thought :)

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This sounds like your saying it's bearish Quake, i.e money being withdrawn from funds, no money left on the sidelines, down we go? Or your saying just now as the retailers are getting bearish, the larger hedge funds/IBs are going to get bullish?

As for the Citi MMs, if the market was pushed down those 3 ticks, what ramifications would this have?
 
As for the Citi MMs, if the market was pushed down those 3 ticks, what ramifications would this have?

From asx on barrier warrants. Do they also have barrier oppies?

Knock-out (Barrier) index warrants
Some index warrants are issued as knock-out warrants which contain a barrier feature. Similar to equity knock-out warrants, if the index level hits or passes through the barrier level, the warrant will expire prematurely with the warrant value as zero. See the Equity knock-out warrants example for more information.

page 14-15
 
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