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that's a fairly well constructed and impulsive leg down xao/xjo ......we're a few days away from when stock discounts become stock bargains
XAO Banter Thread
- Thread starter clayton4115
- Start date
greggles
I'll be back!
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XAO down 111 points so far today. I think the local market is anticipating further falls on the US market this evening and expect that XAO will end up further down by the close.
Modest
It's in the chart
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The market is not random
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Looks like property will remain the only way for Aussie's to create wealth
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How much they make?
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Yeah. Doesn't look like it will be over soon either.
Best place to be is on the sidelines, short, GOLD or if taking a punt maybe Gold miners me thinks
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60 billion lost
Terrible event for people trying to make there way in life
Still to get over pre gfc levels, 11yrs ago
Terrible event for people trying to make there way in life
Still to get over pre gfc levels, 11yrs ago
Value Collector
Have courage, and be kind.
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Except nothing is really lost,
people that didn't sell still own all the same assets they owned before.
But the market has more than doubled if you count the dividends.
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1000 11yrs ago is 1000 today plus dividends
Of course it's lost
Of course it's lost
Garpal Gumnut
Ross Island Hotel
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Trend lines going back 5 and 10 years on the weekly and monthly XAO indicate the next buying opportunity is at 5250.
I dare not predict the future. Careful stops on stocks at 5250 of the XAO may protect you from a wipeout as the next buying opportunity is at 4250.
And don't anyone say it couldn't happen and I won't say it could.
gg
I dare not predict the future. Careful stops on stocks at 5250 of the XAO may protect you from a wipeout as the next buying opportunity is at 4250.
And don't anyone say it couldn't happen and I won't say it could.
gg
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Well I beat the market today but still lost money. Damn.....
As for the overall situation, my thinking is that this marks the visible start of a topping process which will take quite some time. The sky will fall but not yet and we’ll see prices higher than they are now before there’s anything serious to worry about. That’s referring to the US market which I pay most attention to but we’ll follow no doubt.
As for the overall situation, my thinking is that this marks the visible start of a topping process which will take quite some time. The sky will fall but not yet and we’ll see prices higher than they are now before there’s anything serious to worry about. That’s referring to the US market which I pay most attention to but we’ll follow no doubt.
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10.x years ago was not a great time to buy! You needed to wait a few months!
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Someone buying at the absolute peak (last quarter of 2007) has made a positive return ~3.30% pa to date.
That beat inflation (albeit barely!) - which averaged 2.4% over the same period.
Real (after inflation) wealth grew ~9.60% total, over the period.
You'd have done as well (or a bit better) in cash, without the volatility - but who'd have known?
Doesn't seem like a great result until you realise that markets can do worse than that over 10 year periods.
The thing is - there really isn't a promise that a market's trajectory will be up; at the very least not over the periods we usually consider.
That beat inflation (albeit barely!) - which averaged 2.4% over the same period.
Real (after inflation) wealth grew ~9.60% total, over the period.
You'd have done as well (or a bit better) in cash, without the volatility - but who'd have known?
Doesn't seem like a great result until you realise that markets can do worse than that over 10 year periods.
The thing is - there really isn't a promise that a market's trajectory will be up; at the very least not over the periods we usually consider.
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Well said.
This is why we are encouraged to purchase consistently over a long period of time - this way you can't be the person was all in at the top.
This is why we are encouraged to purchase consistently over a long period of time - this way you can't be the person was all in at the top.
Country Lad
Off into the sunset
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One advantage with this drop. Went through tonight's scans quite quickly.
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Who was in at the top?
Value Collector
Have courage, and be kind.
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Do you understand how compounding works?
Even if you bought 11 years ago, right at the top, by compounding your dividends back into the index for 11 years you would have more than doubled your money over that time, so where is the loss?
If you bought 10 or 12 years ago, 1 year either side if the peak, you would have maybe tripled your money.
Country Lad
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EOS. Unfortunately, it is not one for buying for me - I already own it. Bought it 10 Jan at 281 when bar chart pattern broke, broke from P&F pattern and broke Darvas.
Had no choice in holding on to it the last couple of days because it was suspended.
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Playing with fully franked dives is good too. Take them and buy back in at lower levels rather than let the company do it for you. This way you avoid some of the capital gains tax.
If you can't get back at a lower level than the ex date of the stock which happens, then buy one of the others after it drops or that is down, but still some dog you want to own.
If you can't get back at a lower level than the ex date of the stock which happens, then buy one of the others after it drops or that is down, but still some dog you want to own.
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