Australian (ASX) Stock Market Forum

Gents, the XAO Analysis thread is for TA of the XAO and responses to people's TA.

This thread was created to fill a need to for more general discussion.

By keeping them seperate, it allows the discussion in each thread to remain focussed.
 
Re: XAO Analysis/Banter/Confusion/:( & point the bone?

Well I have some analysis but don't know what thread to put it in so will just keep it to myself :cool:

Well I'm lost as to where i should post comments in respect of XAO analysis. My last comment was removed and transferred to the banter thread. Are we only supposed to post technical analysis comments in respect of individual stocks in the xao analysis thread?

I posted what i thought was a relevent comment in respect of the influence of the movement on the djia, nasdaq, ftse and dax which may be reflected in todays movement in the xao. As it turned out the xao moved closer to 2% versus the other markets 1.47% to 1.5% however my post ended up here.

Maybe T/H has got it right. Maybe I should just keep my views to myself.

Maybe only the select few are allowed to post what they like where they like and the rest of us should just shut up or nod agreement with them rather than engage in a true exchange of opinions and information.
 
Re: XAO Analysis/Banter/Confusion/:( & point the bone?

Whereever it goes it's not something that's worth loosing sleep over.
 
What's so hard to understand?

XAO Analysis



XAO Banter

Charts, trendlines, targets etc = XAO Analysis

Having a whinge about which thread to post in...oh and random comments on XAO = XAO Banter :p:
 
Re: XAO Banter Thread (not analysis)

For the second consecutive day the US markets closed up. The DOW added 40.43 (+0.39%) to close on 10,309.24 and the NASDAQ added 12.10 (+0.55%) to close on 2,226.29. The FTSE added 19.69 and the DAX added 56.22 (+1.01%).

Yesterday the XAO increased by 2% as the reporting season gets underway and the initial results have exceeded analyst expectations. If this patern continues we should see further moderate gains today, though I expect there could be an element of profit taking acting like a handbrake.
 
FWIW.

Today is the end of the bounce in my PERSONAL view and i am positioning accordingly .

I still hold various longs which are still within trading plan but the time has come yet again for a bit of hedgeing on my behalf .....

i could always be wrong .
 
i running with the bulls , but who's defected to the other team(be it eather bears or bulls). and why is the question?

think any positive uptrend is welcome at this time i think maybe i hope
 
Will be too hard to make any informed decisions regarding the direction of the trend from today. US was range bound last night, our market hasn't moved much more than 45 points and is pretty much an inside day. Until I can see the volumes accompanying today and each stocks individual moves/closes it is only gambling to make a predicition based of today.
 
Will be too hard to make any informed decisions regarding the direction of the trend from today. US was range bound last night, our market hasn't moved much more than 45 points and is pretty much an inside day. Until I can see the volumes accompanying today and each stocks individual moves/closes it is only gambling to make a predicition based of today.


Maybe for you . What my charts/my take on the action are a probability play in MY view.....

Happy to be wrong and already know how much i will be wrong .....

Hardly a gamble to ME .
 
Maybe for you . What my charts/my take on the action are a probability play in MY view.....

Happy to be wrong and already know how much i will be wrong .....

Hardly a gamble to ME .

What has happened today that has made you bearish? What has happened today that gives a higher probability or a top than a consolidation?

I am actually curious
 
Originally Posted by nunthewiser
FWIW.

Today is the end of the bounce in my PERSONAL view and i am positioning accordingly .

:iagree:

The only change I could make to the above statement is by changing 'positioning' to positioned.

i could always be wrong .

always better than....

uptrend is welcome at this time i think maybe i hope

brty
 
Nothing really new today, small broad based sell off due to some profit taking.

Volume low, expecting another retracement tomorrow after the Dow goes red tonight.

Overall the mood seems stable to optimistic. See a retracement in the following days of maybe 100 points before a march back up in 4800-4900 range.

The end is not neigh at the moment, but see further downside to occur in coming months and 4500 to be retested in March-April.

The pressing issue is the weight of not the PIGS or PIIGS indebtedness but rather the overwhelming debt of the wolf in sheep's clothing, the great and only IOU's of A.

Once reality sets in that the US has no way of repaying this debt or even servicing it, the tide wave of debt defaults will then ripple throughout the global economy like dominos taking any country out that is already on a knifes edge.

Cheers

Double my number of post and I will finally be home
 
The pressing issue is the weight of the overwhelming debt of the wolf in sheep's clothing, the great and only IOU's of A (USA?).

Once reality sets in that the US has no way of repaying this debt or even servicing it, the tide wave of debt defaults will then ripple throughout the global economy like dominos taking any country out that is already on a knifes edge.

Cheers

On that cheerful note i'll start taking anti-depressants and get the missus to lock up all the knives.
 
Noice rally while it lasted,

Interesting how the Feb index settlement has occurred where that nice cluster of index puts is situated.

Now awaiting the next round of panic.
 
:D Already pointed out in chat where my cash gone too for now .......in amongst the recipies, porno,s arguments and other related chat

The force is strong in me :eek:

Enjoy ya weekend

Nah M8, thats just the bourban and amphetamines kicking in. Speak to you tomorrow. This force thing is really gaining momentum. But if anyone trys to tell me they are my father, they are in trouble.
 
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