XAO Banter Thread

[Toyota Lexcen]

Just reinforcing the terrible conditions for investors, the top50 are the most unloved stocks around

Yet a small cap making 5million will be up 20-30%

 

[notting]

Just reinforcing the terrible conditions for investors, the top50 are the most unloved stocks around
Yet a small cap making 5million will be up 20-30%

I would have called that risk on! (gold off as well)
Rolling out of fat dogs into growth, inflation and boooom..... (usually after a correction)

 

[Logique]

Just when I dump 6 figures into Australian Super yesterday.

Don't jump out the window just yet Burnsie (not that you would anyway):
http://thecharttechnician.com.au/wp-content/uploads/2016/09/xaocycleschematic.png
Just one person's opinion of course, but thanks go to them for making available online.

 

[Toyota Lexcen]

I would have called that risk on! (gold off as well)
Rolling out of fat dogs into growth, inflation and boooom..... (usually after a correction)

i think 2017 might see a better period and the XAO trend more in the range of 5600-6000,

still too many factors like the US election, europe elections, US interest rises, bank capital raising's/APRA, commodity crunch to go away

 

[Toyota Lexcen]

will be an interesting day to see if buyers come into the market

XAO is really under the control of the FED i feel, the outcome on whether they raise rates or keep them unchanged are negative for XAO,

 

[Toyota Lexcen]

looks like status quo with the fear of fed raising rates impacting market again

want to take it from 0.25->0.50, maybe same next year, going to be a long time for our market to get thru this

 

[Toyota Lexcen]

down today

 

[Gringotts Bank]

down today

This ^^

 

[MrBurns]

This ^^

I put a fair bundle into Australian Super a couple of weeks ago, going backwards.

 

[Wysiwyg]

Couple of weeks? Gawd, you gotta look further ahead than a coupla weeks for a retirement fund investment. If you mean timing then I understand. My timing is terrible too.

 

[MrBurns]

Couple of weeks? Gawd, you gotta look further ahead than a coupla weeks for a retirement fund investment. If you mean timing then I understand. My timing is terrible too.

Yes the timing, I never fail. ( or should it be always fail)

 

[Toyota Lexcen]

can only struggle for next few weeks with 3 banks reporting, US election, hysteria over Oil & Commodities, Britexit still to be resolved, Duetsche Bank

only 2 months to go for 2016 so be interesting to see who wins the comp

 

[Toyota Lexcen]

Down to 5 week low

 

[Toyota Lexcen]

No wonder fund managers, future fund are sitting on cash

 

[Wysiwyg]

No wonder fund managers, future fund are sitting on cash

Yeah, these are crazy times.

 

[gartley]

Corrective period that started 12th Aug (see: #2339) most likely close to completing. Developing triangle in XAO in my opinion will break upward to around 5800-5850 and most likely will be led by a a commodity price rise.

Could be the last push up before the larger bear that started with GFC resumes

 

[Quant]

Corrective period that started 12th Aug (see: #2339) most likely close to completing. Developing triangle in XAO in my opinion will break upward to around 5800-5850 and most likely will be led by a a commodity price rise.

Could be the last push up before the larger bear that started with GFC resumes

Only way we see 5850 is if banks participate and thats looking unlikely medium term given earnings growth metric and the chances of another capital raise to shore up capital adequacy , definitely aint happening this year

 

[Toyota Lexcen]

Only way we see 5850 is if banks participate and thats looking unlikely medium term given earnings growth metric and the chances of another capital raise to shore up capital adequacy , definitely aint happening this year

yes I agree Quant,

a couple of discussions in the press recently regarding capital adequacy will make it an interesting next 6 months, some banks and analysts feel that capital raising/adequacy may stop

and with the drive for growth and inflation around the world regulators (BASEL) are going to have think about it

 

[gartley]

Only way we see 5850 is if banks participate and thats looking unlikely medium term given earnings growth metric and the chances of another capital raise to shore up capital adequacy , definitely aint happening this year

Taking the following weekly chart at face value (ASX200), the uptrend that started in February remains intact. As can be seen the buy and sell analysis has been very good for the last 300 weeks. Until another spike is generated to suggest the trend is at risk, then I am staying with it. If we do get another leg up to approx 5758 (or approx 5800+ for All Ords), it will most certainly be the last before the larger downtrend takes hold again and continues.

Having said that the longer term (monthly) has an active sell spike

 

[kid hustlr]

Gartley,

Can you provide some detail on why you think we'll get another major downtrend?