XAO Technical Analysis
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Re: XAO Analysis
Wayne,
You just don't understand the fundamentals mate, it's all about oil. I mean sure the market is hitting new lows even though oil is off -30% from its highs. You see its just got to go bit lower and everything will be allright, promise. Afterall, those nasty investment banks use up so much oil for their CLO's CDO's and what not.
Wayne,
You just don't understand the fundamentals mate, it's all about oil. I mean sure the market is hitting new lows even though oil is off -30% from its highs. You see its just got to go bit lower and everything will be allright, promise. Afterall, those nasty investment banks use up so much oil for their CLO's CDO's and what not.
wayneL
VIVA LA LIBERTAD, CARAJO!
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Re: XAO Analysis
What im worried about is that some ppl will take that post at face value...
What im worried about is that some ppl will take that post at face value...
Re: XAO Analysis
Was that your rabbit. Oh..Oh...we lost our jobs ...the bank took our house..then the bank went bankrupt...we were hungry..looks like we ate your rabbit...you can have the skin back if that helps.
Was that your rabbit. Oh..Oh...we lost our jobs ...the bank took our house..then the bank went bankrupt...we were hungry..looks like we ate your rabbit...you can have the skin back if that helps.
tech/a
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wayneL
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Re: XAO Analysis
Hey tech/a u see it cracking SPI low tonight? It's held pretty good so far.
Hey tech/a u see it cracking SPI low tonight? It's held pretty good so far.
Whiskers
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Re: XAO Analysis
Me too, but I don't think the average invester/trader is quite that silly.
You would have to be a galoot!
...and in the meantime oil has plunged into the low 90's.
Me too, but I don't think the average invester/trader is quite that silly.
You would have to be a galoot!
...and in the meantime oil has plunged into the low 90's.
Re: XAO Analysis
You would be wouldn't you? Yet that has been your exact argument. However, Whiskers the great revisionist is on the job. If the world doesn't fit your predictions just revise them to fit the outcome. What has he got left? completely wrong on technicals, completely wrong on fundamentals. What was that mantra again?
This needs a bit of revising
Ahh that's better.
You would be wouldn't you? Yet that has been your exact argument. However, Whiskers the great revisionist is on the job. If the world doesn't fit your predictions just revise them to fit the outcome. What has he got left? completely wrong on technicals, completely wrong on fundamentals. What was that mantra again?
This needs a bit of revising
to lose money,
Ahh that's better.
Whiskers
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Re: XAO Analysis
Gaud, here we go again... you galoot, dhukka... I posted a nice winning trade the other day.
Since I and at least most other investors/traders choose our time to buy and sell by the short, medium or longer term cycles of the market and our investment/trading strategy, this may well prove to be the best buying swing for some time.
But dhukka haven't you got something better to do with your time than to get around spuriously carrying on a vendetta against anyone who has a different opinion to you.
You do realise that you intimidate some from posting for fear of savage and unscrouplously vendictive harrasment around the forum, don't you. Is that your altera motive!
How about you put up some good fundamental or technical analysis why the current financial reorganisation in the US will have such a significant long lasting impact for Australia and is not another over reaction?
You know put something substantial up to support your 'super'-bear propaganda.
Just as one indicator, I don't see any 'end of the financial world' type buying in gold yet.
Gaud, here we go again... you galoot, dhukka... I posted a nice winning trade the other day.
Since I and at least most other investors/traders choose our time to buy and sell by the short, medium or longer term cycles of the market and our investment/trading strategy, this may well prove to be the best buying swing for some time.
But dhukka haven't you got something better to do with your time than to get around spuriously carrying on a vendetta against anyone who has a different opinion to you.
You do realise that you intimidate some from posting for fear of savage and unscrouplously vendictive harrasment around the forum, don't you. Is that your altera motive!
How about you put up some good fundamental or technical analysis why the current financial reorganisation in the US will have such a significant long lasting impact for Australia and is not another over reaction?
You know put something substantial up to support your 'super'-bear propaganda.
Just as one indicator, I don't see any 'end of the financial world' type buying in gold yet.
Re: XAO Analysis
Once again the straw man arguments arise. End of the world, super-bear eh? The worst day we had in the stockmarket in the last decade was January 22nd of this year and whilst chicken littles were running around screaming the sky is falling, I bought stock and then traded it out a week later for a 20% profit. As repeated ad nauseum, the further this market goes down, the more opportunities arise.
As for putting up supporting arguments. They are all over this forum and unlike yourself I can don't need to revise them.
Once again the straw man arguments arise. End of the world, super-bear eh? The worst day we had in the stockmarket in the last decade was January 22nd of this year and whilst chicken littles were running around screaming the sky is falling, I bought stock and then traded it out a week later for a 20% profit. As repeated ad nauseum, the further this market goes down, the more opportunities arise.
As for putting up supporting arguments. They are all over this forum and unlike yourself I can don't need to revise them.
Whiskers
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Re: XAO Analysis
But, you said a few days ago that you don't trade!
Oh, thats it... you want to drive the market down to get some bargains.
Well, shouldn't you be held by the same rules as everyone else and referance the particular ones you rely on in a particular arguement!
Surely it's not too hard to summarize in a sentence or two... cos you know us active investors/traders haven't got the time to stalk around all of the threads... c'mon, there are some newbe's around that surely would gain from a quick precise of your compound wisdom.
But, you said a few days ago that you don't trade!
Oh, thats it... you want to drive the market down to get some bargains.
Well, shouldn't you be held by the same rules as everyone else and referance the particular ones you rely on in a particular arguement!
Surely it's not too hard to summarize in a sentence or two... cos you know us active investors/traders haven't got the time to stalk around all of the threads... c'mon, there are some newbe's around that surely would gain from a quick precise of your compound wisdom.
Re: XAO Analysis
It wouldn't do you any good whiskers, the rose coloured glasses have been welded firmly to your noggin.
I don't. It was a rare opportunity. If you played a game of cricket in the back yard once, would you call yourself a cricketer? I'm not a trader, and I don't trade.
What a ridiculous statement. How could anyone hope to drive the market down posting on ASF? Unlike yours, my analysis doesn't rely on hope.
Yes I should,
Surely it's not too hard to summarize in a sentence or two... cos you know us active investors/traders haven't got the time to stalk around all of the threads... c'mon, there are some newbe's around that surely would gain from a quick precise of your compound wisdom.
It wouldn't do you any good whiskers, the rose coloured glasses have been welded firmly to your noggin.
tech/a
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tech/a
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Re: XAO Analysis
For those who see some symmetry.
For those who like to perhaps consider symmetry going forward.
For those who see some symmetry.
For those who like to perhaps consider symmetry going forward.
tech/a
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Re: XAO Analysis
I dont think there is any doubt "How" it will react.
Its how it finishes the day which will tell something more about the immediate future.
It is possible that many are starting to realise that this isnt going to go away.
Bank collapses will effect massively wide sections of business.
Personally I think you'll see the following unfold.
(1) Early morning panic sell off. say -180
(2) Systematic "Bargain" hunting say to around -80-100
(3) Late trading fear and sell off - say around -180 ish.
I love this clock and commentary---just watch it for a while and get a grip of the massive consumption WITHOUT production.
http://www.babylontoday.com/national_debt_clock.htm
SPI currently
I dont think there is any doubt "How" it will react.
Its how it finishes the day which will tell something more about the immediate future.
It is possible that many are starting to realise that this isnt going to go away.
Bank collapses will effect massively wide sections of business.
Personally I think you'll see the following unfold.
(1) Early morning panic sell off. say -180
(2) Systematic "Bargain" hunting say to around -80-100
(3) Late trading fear and sell off - say around -180 ish.
I love this clock and commentary---just watch it for a while and get a grip of the massive consumption WITHOUT production.
http://www.babylontoday.com/national_debt_clock.htm
SPI currently
