Australian (ASX) Stock Market Forum

The official "ASX is tanking!" panic thread

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Tysonboss1 said:
In what way. I am a longterm investor in property. I have made many posts in the property thread saying this.
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Review Warren's comments, which you apparently endorse, then review your comments in the property thread.
 
Tysonboss1 said:
I know what warren said, and I know what I have said, But I don't know what you think I have said.
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I know what Warren said and I know what you said, but I have no idea what you think you said.

What did you think you said?
 
wayneL said:
I know what Warren said and I know what you said, but I have no idea what you think you said.

What did you think you said?
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Why don't you just link an example of somthing that I have said on the property thread that opposes the view that lower prices are good for investors in the accumulation phase. I don't think I have every said I am against property price falls, I have said that in my opinion I didn't think it was likely, But if it happened I would welcome it.

Here is a thread I started 18months ago which I explained my thoughts, and I used the abstract example of car spaces (which are a property investment)

https://www.aussiestockforums.com/forums/showthread.php?t=18576
 
Why is it that the dow jones is doing so much better than the xao. We are told all the time that our economy is so much stronger than theirs and everyone elses, yet this year the xao is doing more than 20% worse than their index. I just don't get it.

If you got to yahoo charts and compare them to this time last year or since the GFC they are outperforming us by a long shot.

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I posted the same question here yesterday, but it got buried - https://www.aussiestockforums.com/forums/showthread.php?t=8168&p=651023#post651023

so if you have got some thoughts, I think peeps may be happier if they are posted there.
 
About half can be explained by currency variation.

In August 2010 the $AUD averaged about $0.90US.
 
tech/a said:
Different scales.
The XAO is around 4200 and the DJIA 11200
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But when you compare two stocks or two indexes on yahoo the chart that is produced comes out in percentages - so the scale shouldn't come into it.

Well Dr.

By the looks of it - if I invested AU$100 into the asx at the start of August last year today I would have about $90
However if I invested $US100 into the dow jones I would now have $110.

Still don't get why their index is doing better than ours.
 
alexc2005 said:
Ah well, percentage wise im about 8%. How about you?

At around 22, i think we are doing well to be interested enough in investing to give it a go and learn lessons for the future.
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Run with that, if that is truly want you want?!

About ~2 years ago, I starting trading with 3k, in the view that I would lose the lot, for exactly this reason.
 
Just to stay on topic, does any see a world currency reserve change happening in the near term?

I do, within 5 years.

About 6, maybe more, maybe less months ago I read that OPEC was throwing the idea up of selling wares in something different that what it is at the moment. And last night I watched an interview with an Indonesian Minister stating that G20 leaders are thinking along the same lines.
 
LifeChoices said:
But when you compare two stocks or two indexes on yahoo the chart that is produced comes out in percentages - so the scale shouldn't come into it.

Well Dr.

By the looks of it - if I invested AU$100 into the asx at the start of August last year today I would have about $90
However if I invested $US100 into the dow jones I would now have $110.

Still don't get why their index is doing better than ours.
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mERGE.jpg

You've a lot of learning ahead of you.
 
tech/a said:
View attachment 44004

You've a lot of learning ahead of you.
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Thanks, Ducky.

Why do the graphs you posted start at different points though - if we are comparing the two - wouldn't they start at the same place?

I'm going to look into this further.

I want to know if I had $200 and invested - $100 in the djia in Aug 2010 and $100 in the ASX which index would be better off in Aug 2011.

Aside from the $US vs $AU it seems, according to yahoo charts I'd be much better off with DJI.
 
LifeChoices said:
I find there is always too much emphasis on buying, and when to buy. Buying is incredibly easy.

Selling is much harder.

Being able to sell at the right time for the right price distinguishes a good trader from an amateur.
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Good point...selling is the flip side of buying and thus perhaps just as important to consider, 2 things determin profit...the price you buy at and the price you sell for, and to expend on that perhaps the flip side of that is the price you don't buy at and the price you don't sell for. :)

Selling at a loss because the market has moved outside your narrow comfort zone is not something im comfortable with.
 
So_Cynical said:
Good point...selling is the flip side of buying and thus perhaps just as important to consider, 2 things determin profit...the price you buy at and the price you sell for, and to expend on that perhaps the flip side of that is the price you don't buy at and the price you don't sell for. :)

Selling at a loss because the market has moved outside your narrow comfort zone is not something im comfortable with.
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If you trade once per day and make a modest 1%, how much do you make? This is a compounding question and if you are unaware of it, what are you basing your exit strategy on?
 
WhoToTrust said:
If you trade once per day and make a modest 1%, how much do you make? This is a compounding question and if you are unaware of it, what are you basing your exit strategy on?
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Trade size? Brokerage? Tax? I can see your point, but there are some practical aspects to think of here.
 
Ves said:
Trade size? Brokerage? Tax? I can see your point, but there are some practical aspects to think of here.
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Yes, that IS my point. here :alcohol::alcohol:

I look at everything as percentages!

Risk = percentage.
Investment = percentage.
Stop loss = percentage.
How much the market is manipulated by the 'big players' = percentage.

See what I am trying to do? You have, but do others?
 
Life

Your figures are about right.
The main reason would be a few Trillion Dollars
Whack that into our economy and watch the growth!
 
WhoToTrust said:
If you trade once per day and make a modest 1%, how much do you make? This is a compounding question and if you are unaware of it, what are you basing your exit strategy on?
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ok.

If you invested $100 on Monday and the next day, Tuesday, you made a modest 1% you would have $101

what do I win?
 
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