Simon says, panic attack. Disappointing for me as I saw downtrend lines broken but it was only the goal posts being moved.
Haven't seen action like that for some time. 100pts reversal out of nowhere really. I thought the RIO new would have provided some upside to the market. I thought we have found a short term base for the time, but instead we broken lower in quite a hurry. There's still a chance we'd hold last week's low on a daily close basis... but that was some selling velocity this morning.
Looks like good old fashion hot money fleeing off-shore. Like the good old days (07) when the Aussie $ cracked the sharemarket followed because the OS funds priced not in AUD were getting spanked on both ends. Which leads to more AUD falls and the need for more fund liquidation. Can get nasty.
SFE exchange is broken. ASX might be lucky and go nowhere until its fixed.
If this gaps and people lose money due to no data feed and no execution capability, compensation should be awarded.SFE exchange is broken. ASX might be lucky and go nowhere until its fixed.
If this gaps and people lose money due to no data feed and no execution capability, compensation should be awarded.
Only if you promise to give the profits back if it gaps in your favour
G'day. Do you recall what high to low figures you quoted? Was it 5080 low?
Don't you hate it when you open a position on the asx 200 going short at 5594.83 leaving the trade at 5374.32 and checking out the price now, i think asx will drop below 5000 in the next 10 days.
Another decent up day with big yeilders rising, but looks like good resistance up at 5300-5350. I think if we remain below it this week, its down to 5100-5000 towards end of the month. But I know if I took the short it'll spike back up the other way, I didn't, so we'll go down.:
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