tech/a
No Ordinary Duck
- Joined
- 14 October 2004
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Strange that you now see the price action of the ASX as a capitulation NOW.
What was it yesterday afternoon?
What was it yesterday afternoon?
Strange that you now see the price action of the ASX as a capitulation NOW.
What was it yesterday afternoon?
I agree though, Gold just sits there. Though as long as people use it as an investment item there is going to be a demand for it, and the producers stand to profit from such a demand, like what we have now.
China's evil gesture of friendship, which they have a history of voicing before they perform horrendous unspekable acts upon people, was quite eye brow raising yesterday.
The last thing China wants is a fix for Euroland. They intentionally created the problem in the first place!
You certainly have to be nimble. I think there could be a sizable rally going into the weekend, with a few proviso's
Interesting couple of days ahead, after seeing the capitulation of the ASX200 yesterday afternoon it was quite perplexing to see europe (the dax especially) bounce.
It may just be someone playing funny games with the market depth indicator, But it looks like alot of the big names are going to have a decent kick up at opening, maybe up 100 points.
It is far from a reliable indicator though, we will have to wait and see.
It may just be someone playing funny games with the market depth indicator, But it looks like alot of the big names are going to have a decent kick up at opening, maybe up 100 points.
It is far from a reliable indicator though, we will have to wait and see.
Im pretty confused by this post tech.
Yesterday afternoon the price action of the ASX 200 was clearly capitulating.
Thats amazing never seen that in 17 yrs.
For the last 30 min the range of the SPI has been a Tick 4098/4099
Volume is rubbish.
Bad fade so far, lost about 30 points since open, will we get a rally when HSI opens?
De Javu...
Yeah it's like taking candy from a baby atm, just sell into any strength and try to catch as much of the trend as you can.
Yeah it's like taking candy from a baby atm, just sell into any strength and try to catch as much of the trend as you can.
Some strength has come into the market across the board, Will it hold and follow through now is the question.
50pts lower... there was really pretty good strength this morning but we are now looking at a flat day as optimistic outcome.
Let's see how HK opens after lunch...
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