XAO Technical Analysis

[Garpal Gumnut]

Re: XAO Analysis

Actually sunrise is a fairly good contrarian indicator, what's the latest from Koshy ??, good times to come, the start of a massive bull market ??

Anticipating a massive correction, got nothing to back me up though.

Cecil is asking for an ice cream bucket. Run !

gg

 

[Sean K]

Re: XAO Analysis

We've all been calling for a correction since late March.

 

[moXJO]

Re: XAO Analysis

We've all been calling for a correction since late March.

Sooner or later we will be right

 

[nunthewiser]

Re: XAO Analysis

Sooner or later we will be right

hence i have added no timeframe

 

[jersey10]

Re: XAO Analysis

hence i have added no timeframe

LOL. Fair enough.

 

[Real1ty]

Re: XAO Analysis

We've all been calling for a correction since late March.

WE have?

Plenty have been unsure/undecided, myself included, but some have been calling it higher for awhile and FrankD seemed to get it pretty close going from memory.

 

[MR.]

Re: XAO Analysis

Like Hitler and others we know, we just need someone to blame. What was it that was said between Hitler and his adviser?

Adviser - Mein Fuhrer, you a clearly over reacting,
this is clearly a bear market rally.

Hitler - DON’T BULL**** ME. You (we) missed the bottom.

Adviser - Mein Fuhrer, I’m confident the market will drop under the March lows

Hitler - Don’t give me this CNN bear market bullocks!
WE MISSED IT

And not forgetting
Hitler - Have any of you ever heard of Warren Buffet?

LOL......... The sketch was written for me!

Next stop 2800!

 

[Sean K]

Re: XAO Analysis

WE have?

Plenty have been unsure/undecided, myself included, but some have been calling it higher for awhile and FrankD seemed to get it pretty close going from memory.

Yes, we have.

Unless of course we've changed our minds on the way.

 

[trainspotter]

Re: XAO Analysis

Actually sunrise is a fairly good contrarian indicator, what's the latest from Koshy ??, good times to come, the start of a massive bull market ??

Anticipating a massive correction, got nothing to back me up though.

Better get me a BUUUCCKKEETTTTTT if Koshy has got anything to do with it.

 

[Real1ty]

Re: XAO Analysis

Yes, we have.

Unless of course we've changed our minds on the way.

Who is this we you speak of?

Is it everyone, as if so that is wrong.

Or is it a majority or a minority you are referring to?

 

[Sean K]

Re: XAO Analysis

Who is this we you speak of?

Is it everyone, as if so that is wrong.

Or is it a majority or a minority you are referring to?

We is anyone who believes in EW.



I was taking the piss.


I was calling for a decent rally from late April/early March, so I'm not wrong yet.

The 80-100% rally might be wrong.

 

[Real1ty]

Re: XAO Analysis

We is anyone who believes in EW.



I was taking the piss.

lol, sorry about that i didn't pick up on that.

Point taken and i'm not a part of the we

 

[Buckeroo]

Re: XAO Analysis

fwiw i still think we will see new lows before we see this bear over and done with

And here's me thinking nun, you were a bull under that nuns habit.

Anyway, one point to make is a bear like myself can still ride the waves of the market, but I do have certain conditions of the investment:

Use my own money
Little if any leverage
Keep away from penny little stocks - these stocks can run out of buyers
Favor stocks that derive a good part of their income from within Australia

Its a strategy which makes money and is safe. And as I've said before, I will release the bear once October has past & if things are still looking rosy. If things do turn bad a second time, I don't think it will just be a simple stock market crash.

And good on all the bulls who picked March as the turning point (oh for a crystal ball). Did you also pick the down turn last year?

Cheers

 

[trainspotter]

Re: XAO Analysis

Let's get ready to RUUUUUUMBLE !! Bang a gong, bring it on !

 

[Buckeroo]

Re: XAO Analysis

Let's get ready to RUUUUUUMBLE !! Bang a gong, bring it on !

Nice one TS, I'm just concerned the chair won't be enough

Cheers

 

[gfresh]

Re: XAO Analysis

And good on all the bulls who picked March as the turning point (oh for a crystal ball). Did you also pick the down turn last year?
Cheers

No, and no.. and you don't have to, to make money, and not lose all your money.

 

[Real1ty]

Re: XAO Analysis

What a diff an hour makes. Looks like Cecil has given up, dropped the plate, not a chunder though. Being led back to room !!

gg

Cecil is asking for an ice cream bucket. Run !

gg

gg, you have done it again.

Closed well off the lows and not far off the high for the day. God i hope you don't money towards your calls.

 

[Naked shorts]

Re: XAO Analysis

Let's get ready to RUUUUUUMBLE !! Bang a gong, bring it on !

Yes, lets.

 

[trainspotter]

Re: XAO Analysis

LOLOL. Drink anyone?

 

[Garpal Gumnut]

Re: XAO Analysis

gg, you have done it again.

Closed well off the lows and not far off the high for the day. God i hope you don't money towards your calls.

I do it on purpose mate.

The Macquarie muppets drive the market from 9.30 after "Daddy" has punished them.

About 1130 they check ASF and say **** gg is shorting, but Daddy said!, oh bugger I'll go short

They then get in to things to cheer them up over lunch , and think of Daddy, and punishment and go long for the afternoon, as does gg.

Thus is the xao.

gg