professor_frink said:morning Realist
132 pts today?
Futures are already off 170, and we haven't even opened yet.
Are you expecting the dip buying crowd to show up this morning?
Not sure exactly- Hong Kong H-shares open @ 12:45 EDST. Same time as Hang Seng. With the nikkei opening @ 11:45, I'm gunna try and trade 3 opens this morningRealist said:We'll go under 132 and then recover a little later is my guess.
The first 20 minutes will be brutal.
We may hit the low there and then.
What time does China open?
Atomic5 said:...maybe Real Estate will pick up again
(they don't have a flying pig icon on here do they)
China opens Perth time - 2 hours (?) after Sydney.
imajica said:these threads merely scare the s**t out of people and it becomes a self-fulfilling prophecy - if enough people are convinced that the market will drop then they will pull their money out and contribute to this nightmare
imajica said:these threads merely scare the s**t out of people and it becomes a self-fulfilling prophecy - if enough people are convinced that the market will drop then they will pull their money out and contribute to this nightmare
not if you read all the posts and see its the time to get the cash out to jump in and buy not sell. as the ones you have already will recover but the chance to jump in and top up is great. Just look at the market trend for the past 100 years and all the correction move on and up again some take a bit longer than others that all.imajica said:these threads merely scare the s**t out of people and it becomes a self-fulfilling prophecy - if enough people are convinced that the market will drop then they will pull their money out and contribute to this nightmare
Help help the skys falling in wah wah.imajica said:these threads merely scare the s**t out of people and it becomes a self-fulfilling prophecy - if enough people are convinced that the market will drop then they will pull their money out and contribute to this nightmare
A random guess from me -200.Realist said:Less than 30 minutes to go!!
Get your tips in. What will the ASX close today?
I've said down 132 - who's gonna be the closest?
A computer problem Tuesday made a bad day seem worse on Wall Street, as Dow Jones momentarily reported a 500-point drop in its blue-chip industrial average. Pressured by a sharp fall in Shanghai, stock markets around the world had been showing sizable declines over the course of the day, but the benchmark Dow suddenly fell off a cliff at about 3 p.m., losing 300 points in a matter of minutes.
The dramatic 3 P.M. decline was mostly attributed to a delay in the tabulation of the 30-stock industrial index by Dow Jones computers.
A Dow Jones spokeswoman said that at around 2 P.M., a surge in trading volume caused a delay in the data systems used to tabulate the index, and the result was that the industrial average lagged the market. At around 3 P.M., when Dow Jones switched to a backup system, the published index caught up rapidly, making the afternoon decline in the industrials appear to happen in 2 seconds when it was actually over a much longer time frame.
djones said:What would you buy on open that you think would bounce back well in the afternoon? MCR, MTN?
djones said:What would you buy on open that you think would bounce back well in the afternoon? MCR, MTN?
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