Australian (ASX) Stock Market Forum

Survey: Bears vs. Bulls

Bulls versus Bears (market confidence still out there?)

  • Bullish (market will continue uptrend)

    Votes: 21 20.6%
  • Sideways (consolidation will take place, uptrend begins)

    Votes: 29 28.4%
  • Correction (market overbought - down trend for a few weeks)

    Votes: 33 32.4%
  • Bearish (market will collapse back to the lows) e.g: XAO 3000-3500

    Votes: 19 18.6%

  • Total voters
    102
  • Poll closed .
Joined
8 August 2009
Posts
287
Reactions
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I don't need to point out that the last few months has been bullish,But my aims of this thread is to judge confidence out in the market place at this point of time.Regardless if you are following technical information or Announcements/information.Traders know that the market rallies on traders confidence(explains demand verus supply.)
I mean personally i think a pullback will happen soon!But that's my personal opinion with my market research on charts.So just posting a poll on market confidence at this point of time.
 
Re: Survey: bears vs bulls

There is still value in the market and i'll be looking for stocks that have been overlooked. With banks "hinting" at rate rises and bluechips remaining unscathed with their reporting its gonna be a sideways market.
 
Have probably topped or very close to it.
Drifting sideways with a bearish twist is my bet.

But I'll trade each trade as it unfolds.
 
My Prediction:

Generally sideways for another month or so, still with higher volatility, before a slow crawl back up.
 
Here is my expected range:

:D
 

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Another severe contraction of perhaps up to 50% in real terms but from where ?

If recovery/inflation fails to take hold then soon otherwise markets will continue to recover in the interim until higher inflation is then factored into asset prices.
 
Seeing how I have trashed all my remaining shares in and invested 70% into property and the remainder into cash ... I can only offer you this much advice. Rio downgrades profit by 51%? Oil prices in retreat? Banks hinting at rates rising? Ummmm ... that would do it for me I am thinking. :2twocents
 

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lol. Yes I was hoping for a more complete picture as the number of votes accumulated.Well i guess with this poll i created it has a lot of faults or needs the question to be more direct.Given that people have so many different views on the market direction.
E.g : How many people voted on this poll are day traders?
: How many people voted trade shares? In what capacity?Short Term?
And the list of questions could go on.Guess what im trying to point out is,it wasn't a great poll in terms of results given the question was flawed?:(
Wanted to buy a merrill Lynch survey?(with one thousand votes from day traders.)
Well one thing is clear.The market Perspective has changed a little bit from thursday.Before Thursday alot people had a clear perspective of a up-trend!
Guess a bit of uncertainty has crept in as the market starting to look a bit overbought!(But that's my view.)

cheers anyway guys for your threads,I mean my mind is open like a book and i like seeing alot of ideas to conclude my own ideas.
 
Have probably topped or very close to it.
Drifting sideways with a bearish twist is my bet.

But I'll trade each trade as it unfolds.

As an amateur - this response seems pretty logical to me. But not a huge twist.
 
short meduim EOD trader -
My thoughts are for a correction, approx 50% of current uptrend, back to June levels with sideways consolidation, return to uptrend less rampant.


cheers
 
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