Who thinks there will be a slump?

[Smurf1976]

The unemployment has got to start ramping up. Indicators are not looking good.

According to that article there is actually a shop in Melbourne that measures all of 1.5 square metres. Unless it's staffed by mice selling exercise wheels and blocks of cheese then it seems a tad small to me.

 

[Amalgam]

According to that article there is actually a shop in Melbourne that measures all of 1.5 square metres. Unless it's staffed by mice selling exercise wheels and blocks of cheese then it seems a tad small to me.

Mice selling exercise wheels? Close, but it sounds like they're referring to the one of very many (and tiny!) foreign exchange booths dotted around the city.

 

[Smurf1976]

Mice selling exercise wheels? Close, but it sounds like they're referring to the one of very many (and tiny!) foreign exchange booths dotted around the city.

OK, that makes sense although that booth is a bit smaller than my toilet (which I just measured to make sure). As for the mice, even they would probably find it a tad cramped in there after a while I'd think. Mine likes to go for a run around every now and then.

 

[Glen48]

Chinese are getting a phony divorced ..so they can buy more property instead owning one so the boom continues and china's property market is well above USA so will be a bigger crash.

 

[sptrawler]

Everyone may be talking it up and there was profits to be made last week. But we are far from out of the woods.

http://www.theage.com.au/business/w...tar-fades-as-growth-skids-20110816-1ivxj.html

If Germans do what has happened in Australia, it won't go well for Europe.

Forgot to mention they are the only ones with money

 

[Wysiwyg]

If Germans do what has happened in Australia, it won't go well for Europe.

Forgot to mention they are the only ones with money

That's it. Other countries too strapped for cash to buy their stuff.

 

[sptrawler]

The unemployment has got to start ramping up. Indicators are not looking good.

http://www.theage.com.au/business/more-empty-shops-in-cbd-20110812-1iqw9.html

This really looks as though it is only starting for us, we certainly require China to keep kicking goals, any bad news from them will pull our plug. As they say cash is king, be selective

http://www.theage.com.au/business/jobs-under-pressure-20110820-1j3ls.html

 

[sptrawler]

We are not out of the woods, by a long way.

http://www.smh.com.au/business/world-business/obama-unveils-us447b-jobs-package-20110909-1k0ji.html

 

[Dutchy3]

Me ... looking like another leg down as early as middle / late next week.

 

[Boggo]

We are not out of the woods, by a long way.

http://www.smh.com.au/business/world-business/obama-unveils-us447b-jobs-package-20110909-1k0ji.html

Me ... looking like another leg down as early as middle / late next week.

Me too, we could lose another 1500 points off the XAO !

 

[So_Cynical]

Me too, we could lose another 1500 points off the XAO !

That's just bollocks...bet you 100 bucks we don't.
--
You know it could look like some posters in this thread are actively down ramping...seeking to take advantage of the weak willed and financial uneducated.

 

[sptrawler]

That's just bollocks...bet you 100 bucks we don't.
--
You know it could look like some posters in this thread are actively down ramping...seeking to take advantage of the weak willed and financial uneducated.

I don't know about Boggo, but I would not be suprised to see the all ords at 3800 again in the next 6 months.
Nothing to do with ramping just applying logics to the U.S economy.

http://www.nytimes.com/2011/09/09/b...no-new-aid-for-economy.html?_r=1&ref=business

You can't tell people to spend when they are "packing" themselves.

 

[Boggo]

You know it could look like some posters in this thread are actively down ramping...seeking to take advantage of the weak willed and financial uneducated.

Do you seriously think that the posters on here are going to influence the overall market, they tried their best to save PEN when it fell through support at 12 cents.

I don't know about Boggo, but I would not be suprised to see the all ords at 3800 again in the next 6 months.

Until it turns up, breaks up through 4500, retests that level for support and then continues on its way up I am looking at 3700 being a downside possibility.

 

[LifeChoices]

^^+1

FFS So_Cynical read the title of this thread. Obviously most of the people contributing to it have theories of what's going to happen.

I know, start your own thread, hey, I'll even name it for you: "Who thinks we are heading for the mother of all booms?"

 

[Boggo]

Here's a 1 minute chart of 100 points being wiped off the UK market in less than 1 hour !
It wouldn't take much to achieve a significant fall in any market.

(click to expand)

 

[So_Cynical]

^^+1

FFS So_Cynical read the title of this thread. Obviously most of the people contributing to it have theories of what's going to happen.

I know, start your own thread, hey, I'll even name it for you: "Who thinks we are heading for the mother of all booms?"

Why must people always jump to the extremes?

I'm on the record in this forum from 15 months ago (approx) as predicting a sideways market and ive been 100% spot on....and currently see no reason to change that view because nothings changed.

Boggo's 2600 is outside my predicted range...and is not realistic IMO as it means a fall of another, what 35% ~ BHP at under $26 and CBA under $31 .. not without civil war in China.

 

[Boggo]

Until it turns up, breaks up through 4500, retests that level for support and then continues on its way up I am looking at 3700 being a downside possibility.

Boggo's 2600 is outside my predicted range...

Huh ??

 

[LifeChoices]

Me too, we could lose another 1500 points off the XAO !

Oh, I see. 1500 down from here could be interpreted at 2600. Yeah, can't see it going that far down either - but I guess you never know.

 

[Boggo]

Me too, we could lose another 1500 points off the XAO !

Until it turns up, breaks up through 4500, retests that level for support and then continues on its way up I am looking at 3700 being a downside possibility.

Oh, I see. 1500 down from here could be interpreted at 2600. Yeah, can't see it going that far down either - but I guess you never know.

Sorry guys, my error, the 1500 should have read 500, ie ~4200 to 3700.

 

[Aussiejeff]

Why must people always jump to the extremes?

I'm on the record in this forum from 15 months ago (approx) as predicting a sideways market and ive been 100% spot on....and currently see no reason to change that view because nothings changed.

Boggo's 2600 is outside my predicted range...and is not realistic IMO as it means a fall of another, what 35% ~ BHP at under $26 and CBA under $31 .. not without civil war in China.

How about a World Currency War?

Time to don tin hat again...