What is your outlook for the Aussie market?

[YOUNG_TRADER]

Hi there,

Was interested to know if someone (ie Joe ) can create a poll to gauge sentiment across the forums,

ie that I'm feeling Bullish, Neutral Bearish etc


Thanks in advance

Silly me I just worked out how to create it

Vote away

 

[nizar]

Re: What is your outlook for AUSSIE MKT?

Hi there,

Was interested to know if someone (ie Joe ) can create a poll to gauge sentiment across the forums,

ie that I'm feeling Bullish, Neutral Bearish etc


Thanks in advance

Silly me I just worked out how to create it

Vote away

Next week is KEY
Market sentiment in the US at the moment is top notch. Every single single dip is bought up. 100pts down by 1am, by close we're down by 10. YEsterday after the open down by 40, at the close down by only 3 (damn i wish my account with CMC was already set up).
Wallmart last week quarterly was great, it fires the market up by 100pts+ and over the weeknd they reported monthly sales are only up by 0.5% as opposed to the forecasts of 1-2%. DOes the market care, nope, the dip was bought again.

But next week will be crucial. If we end up next week after november 7th, and bullish trend still intact, this will just blend into the santa claus rally, which is what Im hoping for. If not, well then, October correction was simply delayed. I might even sit on the sidelines next week to see what happens - im kinda still traumatised from May.

The whole issue about november elections could just be nothing - every1 expected an october crash - it never happened.

 

[Nicks]

Hi there,

Was interested to know if someone (ie Joe ) can create a poll to gauge sentiment across the forums,

ie that I'm feeling Bullish, Neutral Bearish etc


Thanks in advance

Silly me I just worked out how to create it

Vote away

Thanks YT, it is interesting to see what others think.
Nick

 

[Sean K]

I'm a cautious bull.

Gotta be a short correction soon, before the Santa Rally and all time highs in Dec/Jan. Maybe.

 

[Realist]

I'm neutral.

If we're up 8% ex dividends this time next year I'll be happy.

 

[YOUNG_TRADER]

I'm a cautious bull.

Gotta be a short correction soon, before the Santa Rally and all time highs in Dec/Jan. Maybe.

I agree, post US elections maybe?

 

[Sean K]

I agree, post US elections maybe?

Hmmm could be. If our guess is right and $US really retreats from then (started already) perhaps there will be a decent pull back in the general market? Won't effect uranium, gold and zinc though...

 

[juddy]

Grrrroooowwwwlllllll!

 

[nizar]

Hmmm could be. If our guess is right and $US really retreats from then (started already) perhaps there will be a decent pull back in the general market? Won't effect uranium, gold and zinc though...

It depends on the cause of the US market downturn... if its more to do with housing and economy is gonna crash and all that.... commodities will get smashed... copper will drag zinc down like its been doing all year...

As for gold, iv been waiting for that to start running for ages, but im not fussed, in the meantime ill ride the zincers and the uranium companies... if gold is gonna run to 1000s of dollars an ounce, then they'll be plenty of time to get in...

 

[marklar]

I'm still very new to all this, but I'm interested by how our market tends to react to the US market, particularly curious as to how the US elections will push us around. I'm feeling bullish but it's probably wide-eyed optimism that my shares will continue to go up and I'll increase my confidence as I continue to diversify my portfolio.

m.

 

[YOUNG_TRADER]

BUMP!

Thought it interesting to see our views about 2 weeks ago and to see how hard our mkts have run since then,

Hindsight is always 20:20 and it seems the majority of our pollers were on the money

 

[rosie]

The AAO has hit resistance that needs to be broken thru the first few days this week will be critical imo.

 

[wayneL]

YT,

You don't have a "MEGADEATH" category, so couldn't vote. :batman:

 

[wayneL]

Bears are circling.

It's a UK article but the ramifications are global

Debt experts 'can name their price'

By Iain Dey
Last Updated: 1:01am GMT 12/11/2006

Fears of an imminent credit crunch are prompting a fight for advisory talent that is allowing the UK's top corporate restructuring experts to "name their price".

Britain's major corporate lenders, accountancy firms and traditional restructuring houses such as Close Brothers, Lazard and Rothschild are now competing with distressed debt hedge funds to secure expertise ahead of an anticipated crash.
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Bulge bracket investment banks, which have traditionally avoided the sector, are also building restructuring teams.

Salary and bonus packages for senior restructuring experts are rising faster than for bankers specialising in mergers and acquisitions or private equity, according to City sources.

The news follows last week's warning from the Financial Services Authority that the collapse of a major private equity deal is now "inevitable" because of the extremely high levels of leverage.

One senior corporate banker said: "We all know the cycle is going to turn at some point, and everyone's preparing for that. It's getting to the stage where a lot of the corporate restructuring experts and debt restructuring experts can pretty much name their price.
====>>>>MORE<<<<====

 

[wayneL]

Another related article:
Collapse inevitable in equity sector, says FSA

 

[YOUNG_TRADER]

Hows that song go again?

If you go down to the woods today, your sure to get a suprise, if you go down to the woods today ......................................

... because today's the day the WayneL's have their picknick! :

 

[champ2003]

Another related article:
Collapse inevitable in equity sector, says FSA

This is about the UK market, not the Aussie so this isn't relevant to us.

 

[wayneL]

This is about the UK market, not the Aussie so this isn't relevant to us.

LOL

Western economies are correlated

 

[CanOz]

Well i wouldn't say totally irrelevant, any financial collapse from over extended debt will shake markets globally (rememeber junk bonds), investors are exposed to many markets. If they get a margin call then they have to sell to cover, wherever that may be.

Having said that, this article was about private equity in the U.K. and the levered debt right, so given the markets there have been on such a strong run, any nervous selling could affect things globally...true?

Wayne...how about some comment with the link?

Cheers,

 

[2020hindsight]

wowo - only after you vote do you see the result !!! lol
be ready for a shock !! ( if you think like me that is - and the Aus Stock Report and ... - ahhh hell as if any of us know - poetry thread #159 for my actual opinion