Australian (ASX) Stock Market Forum

Why? Do you think the bull market has run it's course?

I've got a concrete cutter on hire that I have to get back to the shop and I'm taking some nature conservation friends on a walk and talk tomorrow. A lot of the talk will be about Aboriginal heritage and the recent impacts.

Today seemed like a good day to get some cash stached. I'm a perma bull. But cash is king right?
 
I've got a concrete cutter on hire that I have to get back to the shop and I'm taking some nature conservation friends on a walk and talk tomorrow. A lot of the talk will be about Aboriginal heritage and the recent impacts.

Today seemed like a good day to get some cash stached. I'm a perma bull. But cash is king right?
 
I follow the Initial Jobless in the US.

Markets including the XAO create or hover around their highs in a bull market until Initial Jobless rise (roughly) +15% from trough and sustain it, that would be 230k and we're still at about 205k.
 
Hurst Daily Price projection for ASX200 before a bounce or rally: 6605-6638. Once and IF that range is reached wait for confirmation by at least 2 cycle FT's turning up and signal FT to cross above zero.
 

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I've got a concrete cutter on hire that I have to get back to the shop and I'm taking some nature conservation friends on a walk and talk tomorrow. A lot of the talk will be about Aboriginal heritage and the recent impacts.

Today seemed like a good day to get some cash stached. I'm a perma bull. But cash is king right?
Not quite all cashed up but close.

Just waiting for the tide to turn and get back in. Might be a while yet though.
 
Why? Do you think the bull market has run it's course?
Hey Knob, It's been discussed before but I'm quite cranky these days so I apologise if my response to your post appeared to be personal because it certainly wasn't targeted at you but targeted at my inner dialogue.

I cannot overstate how angry I am these days. Maybe it is the male menopause. I don't think so. I think it is because we have never lived through such times of government incompetence and corruption. It's on purpose too. Murdoch and the big accounting firms now run this government and it's not good for the little people. I now understand why people vote for One Nation and for the Nats all while the Nats sell off the farm (and perhaps more importantly the water) to the selective harvesters.

I've been personally involved with the Morrison electorate office of Cook and that office is dodgy. No doubt. 100%. I will swear in court.

Buy the company but play the market. I played rugby as a kid. It taught me a lot.
 
I understand and didn't take it that way, Tinhat.

I used to be more angry due to my nature and work pressure but am coming out the other side becoming calmer. I think my wife has been a good influence.

Frankly, at present my big emotion is fear, scared of the future, short term with the virus and its effect especially for the extended family, long term with everything else. Too many people seem to have a ring through their nose and will do whatever their master will tell them.

Being all too human, I will probably lash out at some stage due to this.

You were right about the bull market.
 
Another strong fall in the us so more blood for the asx.the us market is also scare as the Sanders is the preferred candidate for the democrats and him and his nuts team has a fair chance if the economy collapses with the virus.
Who would have thought we would see last century communism offered as a serious option in the united state.even after the virus, China is definitely the next suoerpower
 
Another strong fall in the us so more blood for the asx.the us market is also scare as the Sanders is the preferred candidate for the democrats and him and his nuts team has a fair chance if the economy collapses with the virus.
Who would have thought we would see last century communism offered as a serious option in the united state.even after the virus, China is definitely the next suoerpower

Yes, generally acting as if you are in a government for the people rather than the wealthy. It will obviously be an absolute disaster.

All further comments should be in another thread (this thread is really drifting), maybe start a Bernie Sanders will destroy America thread.
 
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Yes, generally acting as if you are in a government for the people rather than the wealthy. It will obviously be an absolute disaster.

All further comments should be in another thread (this thread is really drifting), maybe start a Bernie Sanders will destroy America thread.
As a political/economic refugee from one of Europe socialist Eden, you will allow me to disagree.This is nevertheless another reason the US market is going down whether you like it or not, so this has a place here as your super and many others will be impacted.
 
Hey Knob, It's been discussed before but I'm quite cranky these days so I apologise if my response to your post appeared to be personal because it certainly wasn't targeted at you but targeted at my inner dialogue.

I cannot overstate how angry I am these days. Maybe it is the male menopause. I don't think so. I think it is because we have never lived through such times of government incompetence and corruption. It's on purpose too. Murdoch and the big accounting firms now run this government and it's not good for the little people. I now understand why people vote for One Nation and for the Nats all while the Nats sell off the farm (and perhaps more importantly the water) to the selective harvesters.

I've been personally involved with the Morrison electorate office of Cook and that office is dodgy. No doubt. 100%. I will swear in court.

Buy the company but play the market. I played rugby as a kid. It taught me a lot.
Try Owning a restaurant. It'd add another dimension or 3 to the anger levels.

Always thought the market was a bit toppy. The virus aside. Might be a while till it is right to get back in.
 
Start a thread you tosser.
Ah, so we are going to start trading ad hominem insults, fantastic.

I'm quite prepared to start a new thread if you could suggest a title which is at odds with what we are discussing here. Incidentally a topic introduced by yourself.

I prefer to keep it at a level here in the thread but if you would like to trade insults, pm me, we could really go to town, if you like.
 
And you have to remove your pink glasses
part of the US market fall is the emergence of Bernie as a potential candidate and even president should the virus crisis develop.
Double whammy on the American economy..and so the world one too
 
XAO currently down 377 points or 6.1%.

What was the largest one day drop for the XAO? I can't recall.
 
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