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XAO Technical Analysis

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Re: XAO Analysis

I think some servers might have crashed ( as my etrade has also frozen up!!). Might be the amount of load is unprecedented..
 
Re: XAO Analysis

I was wondering what is going on, it simply says "No trades were found as at 10:07 AM ..."

I was starting to think we were in Russia or maybe there was a ban on buying.

No sweat, take a breather.
 
Re: XAO Analysis

MS+Tradesim said:
So I read that including the instrument doc at the bottom of the page. It doesn't make it clear if people with open shorts are required to close them. It seems to just indicate that no new shorts are allowed - with a few restricted exceptions.
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22 Sep 2008 at 00:06:34 (GMT)
*IMPORTANT NOTIFICATION: Australia - ban short selling for 30 days. We refer to ASIC's decision on 21 September 2008 to ban all short selling of Australian listed securities. This means all ASX CFDs on the platform have been disabled for shorting until further notice. Existing shorts will be allowed to stay open for now. The ASX 200 index tracker will trade as usual.
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"stay open for now"

How long is "for now"....lol
 
Re: XAO Analysis

Even NAB didnt know about it until this morning. I am having pc troubles and thought it was me so I rang tech support!
 
Re: XAO Analysis

Many people trader or not must be glued to their computer screen. Can we start breakfast with red wine?
 
Re: XAO Analysis

Sure is strange times.

In 50 years time when everything is gov owned once again i'll be able to say to the grandkids "I was around when capitalism was in its prime, and then fell in a heap. Lucky we now have our steadily re-adjusted gov issue portfolios"... ;)
 
Re: XAO Analysis

Prospector said:
. I am having pc troubles and thought it was me so I rang tech support!
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i am having repeated connection difficulties too...it is immediately fixed when i run network diagnostics...could be a big nuisance if i trade near open, not sure if this is due to high server traffic or what
 
Re: XAO Analysis

I didn't even know they could delay the market like that without any formal notice? I only just read it on the Age!

well here we go everyone!
 
Re: XAO Analysis

I don't believe they would just be able to open the market at 10:30am now without an announcement to why the delay is there, this could cost people money, unless they start the pre-open stage again. But even on the ASX website their is no information and the ASX status is CLOSED at 10:32am Sydney Time.
 
Re: XAO Analysis

This will just be some crap about banning shorting then the market will soar until they realise nothings changed and the bailout is engineered by Bush who cant even find a bearded tinted person with the entire US army at his disoposal.
 
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