Bounce due....... is trading accordingly ............... stoplosses....blah blah blah ........
go stox
Half my watchist is green.WTF??? no stops hit as yet ......... we holding up well .SO FAR
personally thought i was gunna get smacked this morning
Half my watchist is green.
I'm confused too, would of expected at the least a good 80-100 point drop, but maybe there is a silver lining out there somewhere that I can't see? lol
Yeh, I was looking for a bigger fall, we opened too high.
Think we may break lows this afternoon. Pattern looks similar to the one on the 17th Feb (think it was). Rally in the morning, come off near the lows, consolidate, before selling off hard. Maybe? Maybe not.
Impressive day today, after the DOWs 3% fall. Hang one, it went 3% up!
XAO rejecting 3300 looks ominous.
Maybe the Downs will win the prize?
The first step to recovery
Robert Gottliebsen
A rally on Wall Street overnight will feed into a strong performance in Australia today. Over the longer term, US banks will need to be much more upfront about their position if they want to be helped. 25 Feb 2009 8:14 AM
Yep spot on again -
Predicted by well known expert -
Actual result -
S&P/ASX200 3325.2 -6.4
ALL ORDS 3280.2 -4.8
wait for the pop
Normaly I would but I couldn't see this turning into a "strong performance".
S&P/ASX200 3327.5 -4.1
ALL ORDS 3281.5 -3.5
Yep was expecting more but you are right. As far as the tossers over on Biz Spec I'm going to start a thread on their poor calls. Think their disciples need a counter balance. And Free!!
In fact the pop is happening now on the Futs.
Yep spot on again -
Predicted by well known expert -
Actual result -
S&P/ASX200 3325.2 -6.4
ALL ORDS 3280.2 -4.8
We now have companies reporting 50% profit reductions and thousands of job losses almost on a daily basis.
And we have 40 to 95% share price reductions....and divis that now reflect those
new market caps....how much more bad news can the market factor in until its full.
The only thing left that could happen is a collapse of the financial system, could happen.
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