XAO Banter Thread

[Gringotts Bank]

China's manufacturing data announcement release beat expectations.

Right you are, thanks.

Support line respected also.

 

[13ugs13unny]

China's manufacturing data announcement release beat expectations.

Still got the big apple to play out the debt ceiling issue. Sides do not see eye to eye and have dug in.

my prediction is markets will bend a knee, how much though?

 

[Gringotts Bank]

I reckon that's it, we're either at or very close to a top.

Warmer weather. Time to get the shorts on?

 

[notting]

It's all in the hands of the Fed who just fattened the cow for congress to have it's tea party.
Employment was good, so there's some more fuel for the hangover.
Just waiting for Mr. Murdoch to put is debt ticker all over the TVs again.
That should do wonders for confidence.

But hey cowboy we don't care any more, we got through the crises and can do anything -

 

[13ugs13unny]

It's all in the hands of the Fed who just fattened the cow for congress to have it's tea party.
Employment was good, so there's some more fuel for the hangover.
Just waiting for Mr. Murdoch to put is debt ticker all over the TVs again.
That should do wonders for confidence.

But hey cowboy we don't care any more, we got through the crises and can do anything -

So who's a contrarian? time to buy? I particularly like your graph with Bollinger Bands with twice ballooning this year, I'm going for a hat trick that it will balloon again, its way over due anyway.

You know its all crap when congress countdown clocks are starting to show up on business sites to scare the be-jesus of the masses so the stocks can dip so the rich can buy in, how else does it go up 10% more than the last high?

Blustering over obamacare/medicare and debt ceilings (again)when USA gdp is on way to 20 trillion just doesn't seem to be that exciting. I think they will kick the can down road again.

Here's my own countdown clock for ASX to start as business as usual.

http://www.timeanddate.com/countdown/generic?iso=20130930T10&p0=240&msg=ASX+business+as+usual.

 

[Gringotts Bank]

5145 +/- 3 points is the next target for me.

 

[CanOz]

Yeah wow, WTF? Its dragging the NK down now...

 

[Gringotts Bank]

Yeah wow, WTF? Its dragging the NK down now...

Dunno, but I'm short and for the first time ever I have reasonable size on!

 

[Gringotts Bank]

I expected that to take a few days. Covered at 5147.

 

[skc]

Yeah wow, WTF? Its dragging the NK down now...

Rare to see us leading the pack esp on a supposedly quiet day. I was ready to take a mid-morning snooze when we head south for 50 points in 30 minutes.

Dunno, but I'm short and for the first time ever I have reasonable size on!

Definitely a clean break of support at 5200. The question is how deep will any retracement be..

 

[tech/a]

What are you guys trading?
It's a public holiday!

 

[Gringotts Bank]

What are you guys trading?
It's a public holiday!

Normal work day in Melb.

 

[tech/a]

Ic
Adelaides closed again.
I knew there are benefits in living here.

 

[skc]

What are you guys trading?
It's a public holiday!

I am going on a 3 weeks holiday soon so need to earn some spending money

 

[Country Lad]

What are you guys trading?
It's a public holiday!

Any thing you like - markets are open.

 

[Gringotts Bank]

At the current rate, XAO will finish in the green by 30 odd points.

Would have to break out of the descending wedge pattern first. Got pushed back just then.

 

[Gringotts Bank]

It broke out but I think that's all it's got. 5153 high for the day? Or will it get to 5167?

 

[Gringotts Bank]

I reckon +20 tomorrow.

 

[Gringotts Bank]

I reckon +20 tomorrow.

x4!

It's hard to imagine the Ords having another big day tomorrow. It would have to be bearish from this point into tomorrow, wouldn't it? Net sideways for next week? Time to look at the biomeds and tech stocks perhaps. MSB was active earlier.

 

[skc]

x4!

It's hard to imagine the Ords having another big day tomorrow. It would have to be bearish from this point into tomorrow, wouldn't it? Net sideways for next week? Time to look at the biomeds and tech stocks perhaps. MSB was active earlier.

I am willing to bet the ASX will not have a big day tomorrow.

Volume will be extremely light and the index will not move at all, regardless of what happens overnight.