XAO Banter Thread

[Modest]

Zzz only a measly 50 pt drop

 

[PZ99]

I hope you guys didn't bet the house on that

 

[PinguPingu]

Inb4 afternoon fade, don't like the look if it can't get above 6100.

 

[Joules MM1]

ugly price action xao/xjo, held easily at symmetry resistance......still holding sells on cac/dax and likely we need to see a retest of the swing lows for locals

 

[Joules MM1]

ugly price action xao/xjo, held easily at symmetry resistance......still holding sells on cac/dax and likely we need to see a retest of the swing lows for locals

aaaand still holding them, added ftse

.....suggest the local indexes have far more bid pressure than action suggests,
commend against "price action" trading sp200....suggest if the o/s indexes in euro zone were on boosters we'd be flying uphill and as i type theyre in sell mode yet we tread water, US appears to be done with re-setting it's ongoing uptrend
....retail is clearly biased to sell xjo cfd, maybe not so much the deep pockets who'er on the global hunt for stock bargains against probability of inflation-driven rate rises ......hoonoze.. i dont know how to make a horse i just ride em!

giddyup

 

[Joules MM1]

the XSO, as a high beta, is up again today, a leading edge for locals

cfd retail:

 

[Joules MM1]

as price gets higher on a longtail day cash close more and more retailers are "opening the bargain short"

yup

 

[Modest]

ASX200 - Pump it! 6,000 show me the money

 

[Modest]

Alright let's see if she can do it. ASX200 must hold above 5,900 for 6,000 to be valid target.

sweating.gif

 

[Toyota Lexcen]

6828 Nov2007

What an asset class, nowhere for over 10yrs

 

[Modest]

Alright let's see if she can do it. ASX200 must hold above 5,900 for 6,000 to be valid target.

sweating.gif

Come to Pepe!



Better tighten the leash some more just in case

 

[InsvestoBoy]

6828 Nov2007

What an asset class, nowhere for over 10yrs

Why do you keep harping on about this? Valuations dictate returns in the long term, in Nov 2007 the market was very overvalued. So the long term return is low.

Other markets, especially US, have outperformed only by going from overvalued in 2007 to hypervalued today.

What was the return of the US market from 1999 to 2009? What was the return of the Japanese market from 1990 to 2000?

"Price is what you pay, value is what you get."

 

[Modest]

Come to Pepe!

 

[Modest]

The random walk hypothesis is a financial theory stating that stock market prices evolve according to a random walk (so price changes are random) and thus cannot be predicted. It is consistent with the efficient-market hypothesis.
Random walk hypothesis - Wikipedia

Tuesday at 1:36 PM
ASX200 - Pump it! 6,000 show me the money

 

[Joules MM1]

6k xjo has probably lost resistance, it's been run around so many times as to have little meaning other than a cheap supply zone, bid is constructive, trendy is as trendy does

 

[Toyota Lexcen]

Why do you keep harping on about this? Valuations dictate returns in the long term, in Nov 2007 the market was very overvalued. So the long term return is low.

Other markets, especially US, have outperformed only by going from overvalued in 2007 to hypervalued today.

What was the return of the US market from 1999 to 2009? What was the return of the Japanese market from 1990 to 2000?

"Price is what you pay, value is what you get."

Why not? That's how the market has performed, poorly

 

[Joules MM1]

Why not? That's how the market has performed, poorly

the market has performed exactly how the aussie cycle has permitted and in no other way can it perform, thus, the common diatribe of poor performance lays with the editor of that idea and i suggest highlights a limited series of avenues that that person has at hand, in other words, if youre a limited trader/investor, limited in your knowledge, then the market is limited to you, providing you with more risk and less opportunity......the poor performance is never with the market, markets cannot perform poorly, only you as a participant ....

 

[Toyota Lexcen]

Does it take another 5, 10, 15yrs to move to new highs

 

[Joules MM1]

the money that matters looks like theyre in bid mode

 

[Logique]

Bluescope Steel share price went ..up?

I don't follow it, but expected the prospect of a US tariff wall would have the opposite effect!