Australian (ASX) Stock Market Forum

Strategy for Monday the 23rd of March

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As the US fell on Friday after a recent increases, do you think the ASX will fall between 1 and 2 % tomorrow? As we are always a day behind the US.

In the US the Down Jones fell 122points
The S & P 500 fell 769points
The NASDAQ fell 26points
all on Friday.
 
As the US fell on Friday after a recent increases, do you think the ASX will fall between 1 and 2 % tomorrow? As we are always a day behind the US.

In the US the Down Jones fell 122points
The S & P 500 fell 769points
The NASDAQ fell 26points
all on Friday.

S & P fell 15.5 points, but don't let that put you off posting. It finished at 768. something I think 768.9

Its a good question.

Our market will fall for sure, somewhere between 0.1% and 10%.

gg
 
Mate, the S&P did nothing of the sort. It closed at 768.5, its high was 788. Thats 20 points, or 2.5%. Considering it was Quad witching hour, and nothing like this year's bad days, it really wasn't much to be concerned about.

Besides, i thought Asia was leading the US now??

Honestly though, another sign that we're still in a bear market, if the index can't close up on a Friday.

Cheers,


CanOz
 
Mate, the S&P did nothing of the sort. It closed at 768.5, its high was 788. Thats 20 points, or 2.5%. Considering it was Quad witching hour, and nothing like this year's bad days, it really wasn't much to be concerned about.

Besides, i thought Asia was leading the US now??

Honestly though, another sign that we're still in a bear market, if the index can't close up on a Friday.
Cheers,


CanOz


nugget
 
SO .largesse . whats your thoughts ? or are you here just to slag off every post made today darl ?
 
SO .largesse . whats your thoughts ? or are you here just to slag off every post made today darl ?

its a terrible shame that jest is so difficult to convey through the internet.

all of my posts in this thread were made in a lighthearted non threatening manner.

post 1. obvious
post 2. less obvious but pretty clear
post 3. compliment. 'nugget (of gold)'



lighten up :D
 
OK lets stops this

Does anyone think the XAO will end up at the end of Mondays trading ?

gg
 
I give the XAO a chance of being up, down or even :) We've had many higher mondays after a tanking in US' previous session
 
It will fall initially, then rise and fluctuate around even for the remainder of the session to finish near where it started.
 
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