. 4800 here we come.
If you are so sure, actions speak louder than words. Place a few shorts etc. Good luck with them
There is no certainty in markets but plenty of opinions including my own
Very very true.
On that note though, I have 11 positions open, 3 on oil, 1 on gold and 4 shorts.
Definately looking for lower prices on the back of high oil prices, however, just encase, I have 3 'regular' longs as a bit of a hedge (mainly in the NASDAQ) FWIW.
Amazing how everybody thinks that high oil prices are a disaster for the stockmarket.
Look at DOW and ASX200 against oil for the last 5 years
I think TH has a chart somewhere which shows this nicely.
Roll on $500 oil then. That'll stimulate the stock market nicely.
500 is only the beginning, brother.
I can see $50000000000000 in a few years time
It seems the luck is in.The SPI futures have moved from -114 to +3 according to Bloombergs this afternoon.IMO, we are very lucky that we have the day off so that the F&G settles, that's all. If we were open tomorrow morning, then there'd be quite a few taxi drivers wanting to change into the head on lane...
It seems the luck is in.The SPI futures have moved from -114 to +3 according to Bloombergs this afternoon.
http://www.bloomberg.com/markets/stocks/futures.html
If you are so sure, actions speak louder than words. Place a few shorts etc. Good luck with them
Anyone want to take a punt on how the ASX will do tomorrow?
What I'm sure of is that high returns on property and banks are history. I've sold the lot. What I don't know is the timing on this rippling through the market. Months? A year? So no shorts.
I'm happy to sit on cash, gold and energy stocks until things get a lot cheaper, and the next bubble gets going.
Anyone want to take a punt on how the ASX will do tomorrow?
SPI futures are not open yet. They cannot be up or down at this point.
Futures up !
Is this the de coupling we want and need ?
Don't need to, I have live data.I mean the SP500 futures in the US. Take a look at
http://www.bloomberg.com/markets/stocks/futures.html
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