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Re: XAO Analysis
good grief
good grief
XAO Technical Analysis
- Thread starter Sean K
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Re: XAO Analysis
A most humble soul indeed is Mr Rockon
Figjam= Fcuk Im Good Just ask me
A most humble soul indeed is Mr Rockon
Figjam= Fcuk Im Good Just ask me
Rockon2
It's all about the Money!
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Re: XAO Analysis
PML at NUN... camoon u knew that ! .. lol
anyway,, doesnt matter, its reading the chart that matters..
PML at NUN... camoon u knew that ! .. lol
anyway,, doesnt matter, its reading the chart that matters..
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Re: XAO Analysis
we at the convent prefer the humble wholesome aproach.
well done if you traded it
we at the convent prefer the humble wholesome aproach.
well done if you traded it
Rockon2
It's all about the Money!
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Re: XAO Analysis
np cheers :bier:
and i'm wrong on both those charts.... the line in ftse 5 min supp/resist should be @ 4600 not
where i drew it in a hurry...
For those watching it or trading it,, very important...!
np cheers :bier:
and i'm wrong on both those charts.... the line in ftse 5 min supp/resist should be @ 4600 not
where i drew it in a hurry...
For those watching it or trading it,, very important...!
Sean K
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Re: XAO Analysis
Just breaking up through 3700. If EOD close above perhaps the 'up' voters win, on a short term 'up' move. .
Just breaking up through 3700. If EOD close above perhaps the 'up' voters win, on a short term 'up' move. .
Trembling Hand
Can be found on the bid
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Trembling Hand
Can be found on the bid
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Sean K
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Re: XAO Analysis
Looks like the 'nowhere's' have their nose back front at the moment.
Rockon2
It's all about the Money!
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Re: XAO Analysis
agree with the Nowhere's
agree with the Nowhere's
Rockon2
It's all about the Money!
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Re: XAO Analysis
Back to UP ... Nikkei, DJ, FTSE, Nasdaq, s&p, all the lows bounced from the sweet spot, and all finished on there highs...
Back to UP ... Nikkei, DJ, FTSE, Nasdaq, s&p, all the lows bounced from the sweet spot, and all finished on there highs...
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Re: XAO Analysis
Support at 855 is holding on the S&P atm. Trend appears up and charts would say we are a good chance for S&P 1070+. But it would most likely be lots of sideways action for 6-8 weeks on the way there. Also, there are some early signs of yen weakness which is bullish for equities in general. If USD/JPY stays over key support at 90.85 - 91.25 in DOW trading tonight, I think this confirms short-medium bullish action. Latest jobless figures will be horrible, but then again I can't remember when we last had good news.
Support at 855 is holding on the S&P atm. Trend appears up and charts would say we are a good chance for S&P 1070+. But it would most likely be lots of sideways action for 6-8 weeks on the way there. Also, there are some early signs of yen weakness which is bullish for equities in general. If USD/JPY stays over key support at 90.85 - 91.25 in DOW trading tonight, I think this confirms short-medium bullish action. Latest jobless figures will be horrible, but then again I can't remember when we last had good news.
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Re: XAO Analysis
I think the CGT cut will lead to a lot of appropriation of YEN from abroad and another round of deleveraging, but I think it will probably come at the end of the 1st qtr or start of the 2nd. So I'm shorting AUD against YEN long term. However, AUD/YEN has had something like 94% correlation to general market movements (DOW), this trend could change at anytime, but it's there atm.
Anyway, the market looks like it has found a short to medium term bottom but it's still a bear IMO. We look to have another 10-15% upside with lots of sideways churn.....I think.
I think the CGT cut will lead to a lot of appropriation of YEN from abroad and another round of deleveraging, but I think it will probably come at the end of the 1st qtr or start of the 2nd. So I'm shorting AUD against YEN long term. However, AUD/YEN has had something like 94% correlation to general market movements (DOW), this trend could change at anytime, but it's there atm.
Anyway, the market looks like it has found a short to medium term bottom but it's still a bear IMO. We look to have another 10-15% upside with lots of sideways churn.....I think.
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Re: XAO Analysis
A third of the billionaires believe that the sharemarket has either already bottomed or is close to the bottom. Most believe the price of oil will remain relatively stable or fall slightly. And nearly every billionaire interviewed believes the US economy will start growing again in late 2009 or early 2010
http://www.businessspectator.com.au/bs.nsf/Article/RICH-PICKINGS-Billionaires-bet-$pd20090108-N426F?OpenDocument&src=mp
A third of the billionaires believe that the sharemarket has either already bottomed or is close to the bottom. Most believe the price of oil will remain relatively stable or fall slightly. And nearly every billionaire interviewed believes the US economy will start growing again in late 2009 or early 2010
http://www.businessspectator.com.au/bs.nsf/Article/RICH-PICKINGS-Billionaires-bet-$pd20090108-N426F?OpenDocument&src=mp
tech/a
No Ordinary Duck
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Re: XAO Analysis
There is another way of phrasing the quote.
A third of the billionaires hope that the sharemarket has either already bottomed or is close to the bottom. Most hope the price of oil will remain relatively stable or fall slightly. And nearly every billionaire interviewed strongly hopes the US economy will start growing again in late 2009 or early 2010
What we dont know is what they thought 12 mths ago when there were a whole lot more of them.
Many who were billionaires and are now simply Multi Millionaires,Millionaires or Bankrupt.
Perhaps in 5 yrs time we will be turning to those who have a wage for predictions.(My humor)
There is another way of phrasing the quote.
A third of the billionaires hope that the sharemarket has either already bottomed or is close to the bottom. Most hope the price of oil will remain relatively stable or fall slightly. And nearly every billionaire interviewed strongly hopes the US economy will start growing again in late 2009 or early 2010
What we dont know is what they thought 12 mths ago when there were a whole lot more of them.
Many who were billionaires and are now simply Multi Millionaires,Millionaires or Bankrupt.
Perhaps in 5 yrs time we will be turning to those who have a wage for predictions.(My humor)
Garpal Gumnut
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Re: XAO Analysis
Billionaires, shillionaires.
It is a shame Jesse Livermore is not alive.
Follow the tape.
Watch the price movements. Watch the volume. Wait for momentum, and change.
You may as well ask my leftie Aunt Phoebe where the market is going as ask a billionaire.
gg
Billionaires, shillionaires.
It is a shame Jesse Livermore is not alive.
Follow the tape.
Watch the price movements. Watch the volume. Wait for momentum, and change.
You may as well ask my leftie Aunt Phoebe where the market is going as ask a billionaire.
gg
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Re: XAO Analysis
pffffffffffft billionaire!..thats old hat ....... the new magic word is trillions !
pffffffffffft billionaire!..thats old hat ....... the new magic word is trillions !
tech/a
No Ordinary Duck
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