XAO Technical Analysis

reece55 · 21 January 2008

Re: XAO Analysis

wayneL said:
Man this is Fugly!

YM was -500 a couple of minutes ago

What's the go guys, what is the reason for this rapid decline tonight.....

Or is it just reality hitting home that the US is going into recession and BRIC can't solve the worlds financial problems.....

Cheers

wayneL · 21 January 2008

Re: XAO Analysis

reece55 said:
What's the go guys, what is the reason for this rapid decline tonight.....

Or is it just reality hitting home that the US is going into recession and BRIC can't solve the worlds financial problems.....

Cheers

There's gotta be something going on behind the scenes... but what?

Trembling Hand · 21 January 2008

Re: XAO Analysis

The PPT is wiping out everyone so the can start fresh tomorrow.

evwatkins · 21 January 2008

Re: XAO Analysis

DOW futures -436 points wakakaka

habs · 21 January 2008

Re: XAO Analysis

absolutely amazing to watch this all unfold.... some company's in big trouble it seems (centro,mfs, who knows who else), an amazing time to learn and implement lessons for the future, ive learned more in the last week than in the last year.
incredible

numbercruncher · 21 January 2008

Re: XAO Analysis

The useless good for nothing backed by thin Air USD gaining in value is the bit that winds me up !

Surely must be some news around, google is yield zero, zip, nada

Kauri · 21 January 2008

Re: XAO Analysis

Fear... and panic... healthy human emotions... to be followed by opportunistic greed...
Quite a few posts around the traps today along the lines of " I'm selling, no bottoms in sight, crash, disaster, et al"... I thunk...
Cheers
..........Kauri

vishalt · 21 January 2008

Re: XAO Analysis

Lawl I went short on 4 FTSE contracts just before close on Friday, SO LUCKY.

Trembling Hand · 21 January 2008

Re: XAO Analysis

Come on Guys. Cheer up. We now have the end of the world priced in. If it doesnt eventuate well we ...............may get an up day.

Trembling Hand · 21 January 2008

Re: XAO Analysis

Kauri said:
Fear... and panic... healthy human emotions... to be followed by opportunistic greed...
Quite a few posts around the traps today along the lines of " I'm selling, no bottoms in sight, crash, disaster, et al"... I thunk...
Cheers
..........Kauri

The best one is this thread.

https://www.aussiestockforums.com/forums/showthread.php?p=248259

People are getting dark on the short sells.

That's a beauty.

Uncle Festivus · 21 January 2008

Re: XAO Analysis

French banks started this freefall. Is this the bottom?

wayneL · 21 January 2008

Re: XAO Analysis

I believe this takes us to the > 20% (on SPI anyway) correction necessary to call a bear market.

Gundini · 21 January 2008

Re: XAO Analysis

Futures/Crystal Ball ?

SPI 200 5,369.00 -227.00 5,576.00 5,592.00 5,355.00 07:02

DJIA INDEX 11,633.00 -473.00 12,130.00 12,140.00 11,605.00 07:01

vishalt · 21 January 2008

Re: XAO Analysis

4800 seems very real from here!

Trembling Hand · 21 January 2008

Re: XAO Analysis

wayneL said:
I believe this takes us to the > 20% (on SPI anyway) correction necessary to call a bear market.

Not if I can help it I'm buying the odd SPI and Z here.

Awesomandy · 21 January 2008

Re: XAO Analysis

I'm actually thinking it might bounce a little... and finish at a slightly higher point. It's oversold on the currently available news, I think. Besides, such a big drop might convince some of the bargain hunters that this is the bottom, and they will probably start looking for some value towards the later half of the day.

numbercruncher · 22 January 2008

Re: XAO Analysis

Reports emerged last week that Australian investment funds hold almost $30 billion in unsecured “kangaroo bonds” linked to US and British financial institutions, many of which have been hard hit by the worsening credit crunch

http://www.wsws.org/articles/2008/jan2008/econ-j21.shtml

Kauri · 22 January 2008

Re: XAO Analysis

Nyden said:
Kauri, your metaphors & rumors always keep me entertained

IBy the way, when does your budgie go upside down?

Often.. but when he takes a bath it worries me....
Cheers
..........Kauri

korrupt_1 · 22 January 2008

Re: XAO Analysis

Did we just witness a climax sell-off? Could this be the bottom (atleast in the short term?)

Any predictions on what the XAO/XJO will do on open? Panic sell-off followed by a big bounce?

chops_a_must · 22 January 2008

Re: XAO Analysis

Porper said:
I can't see that I insulted anybody, obviously certain members are emotional to say the least.

As for INL, yes I am holding a loss but as you or anybody else for that matter doesn't know how many how can you possibly comment on my risk management skills.

As for your comment that you can't mitigate risk in this market.............absolute rubbish.CFD's give guaranteed stop losses for one and how about trading in very small amounts until the volatility diminishes.

All the people patting themselves on the back for being out of the market because they saw it coming should have been shorting..........with GSL.

I find this insulting: "Most people think the same as you Chops." Especially, like I say, when I've traded like I have, and given the analysis like I have.

GSL's don't give you a guaranteed price. If they are DMA, they have to take the price of the market. And if they are a MM, well, you should know the story. And there are people who don't like using CFD's, because of the debt component anyway.

And you can't really control risk on this environment. The ONLY thing you can do, is have rules relating to the size of your trades compared with your account size. Brett Penfold from memory points this out. My point is, that you can't completely, or accurately control your risk in this market because of massive gapping problems.

XAO Technical Analysis

reece55

wayneL

VIVA LA LIBERTAD, CARAJO!

Trembling Hand

Can be found on the bid

evwatkins

habs

numbercruncher

Beware of Dropbears

Kauri

E/W Learner

vishalt

Trembling Hand

Can be found on the bid

Trembling Hand

Can be found on the bid

Uncle Festivus

wayneL

VIVA LA LIBERTAD, CARAJO!

Gundini

vishalt

Trembling Hand

Can be found on the bid

Awesomandy

numbercruncher

Beware of Dropbears

Kauri

E/W Learner

Attachments

korrupt_1

chops_a_must

Printing My Own Money

Similar threads

XAO Technical Analysis

VIVA LA LIBERTAD, CARAJO!

Can be found on the bid

Beware of Dropbears

E/W Learner

Can be found on the bid

Can be found on the bid

VIVA LA LIBERTAD, CARAJO!

Can be found on the bid

Beware of Dropbears

E/W Learner

Attachments

Printing My Own Money

Similar threads

Privacy & Transparency

Privacy & Transparency