This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

XAO Banter Thread

Jump to new
Very rare to see such a long period of tight range. Trample the bears, trample the bears, trample the bears.
 
No-one is getting trampled , only traders making money this last 3 months . Top 50 trading on around 16 forward multiple with average sub 5% growth , no compelling value . I still favour down before up although I'm mega surprised it hasn't happened before now .
 

Attachments

  • ScreenShot3786.jpg
    97.9 KB · Views: 22
They also say we are at support area again. "Sell in May and go away" was perfect this year.
 
will go Down more than the Dow and SandP500 today

Cant see it go over 6000 in next 5yrs, and most people will continue to get slaughtered by other asset classes

Opportunity cost?
 
North Korea, hurricanes, not a lot of growth or inflating out of debt going on and this `
"The size of the financial economy -- stocks and bonds globally -- is more than three times the underlying economy. It's quite possible that something happens there, which has a knock-on effect to the economy, rather than the other way around."
Click to expand...

It's all good.
 
XAO will go where the banks go, wonder if rate rises will help their margins in the next couple of years.
 
Banks will hold the XJO back but XSO (Small Ordinaries) has just broken higher out of the long consolidation pattern. A change of guard? Time cycles all significant using Fibs. Next one due in 2 days.
 

Attachments

  • XSO.gif
    69.5 KB · Views: 22
U.S. stock markets making all time highs routinely and the ASX can't string together two up days. A big from me.
 
I change them now and then as reminders to myself and maybe some encouragement for others.
 
Wysiwyg said:
They are reminders to myself and maybe some encouragement for others.
Click to expand...

I know what you mean. When you really look deeply, the family structure is just a mechanism to ensure safety. Structures that are formed to ensure safety will be motivated by fear (even if that fear is slight or imperceptible). That's where aspects of control and manipulation creep in. Not saying all families are like that, but many are.
 
Wysiwyg said:
U.S. stock markets making all time highs routinely and the ASX can't string together two up days. A big from me.
Click to expand...


hopefully the market, spi, can come off some more yet, 5602 ish.

mmm, gb,, when did this latest downrun start approx, ah thats right
the 18th, a few days ago,
 
I would think the range trade would be well practiced by now. Isn't that when the range trade ends, when everyone is on it?
 
Surely selling the fact should be on the cards tonight even if the tax plan is cracker for corporates in the US tonight.
 
be interesting to see where market finishes today

exchanges around the world push even further forward, not so for XAO
 
Toyota Lexcen said:
be interesting to see where market finishes today
exchanges around the world push even further forward, not so for XAO
Click to expand...

ASX is doing pretty much exactly what it should in terms of REALITY.

But hey, where all heading for self driving cars and living on Mars. Who knows where it will end!
 
Toyota Lexcen said:
exchanges around the world push even further forward, not so for XAO
Click to expand...
I wonder what will happen to the XAO when the inevitable correction arrives internationally.

Australia holds up better than the US etc because we haven't had the big surge?

Or we're already weak relative to others and get absolutely smashed when markets fall globally?
 
You must log in or register to reply here.

Similar threads

All trading needs to cease for 14 days prior to Monday open in Sydney
2 3 4
Replies
75
Views
11K
divs4ever
R
21 Lessons in Investing
Replies
6
Views
3K
divs4ever
Opinions vary... An alternative view on the markets
3 4 5
Replies
85
Views
28K
kahuna1
R
The Financial Endgame
Replies
18
Views
9K
qldfrog
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...