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XAO Technical Analysis

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Re: XAO Analysis

cutz said:
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.:)
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Cecil is asking for an ice cream bucket. Run !

gg
 
Re: XAO Analysis

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

:banghead:
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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.
 
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!
 
Re: XAO Analysis

Real1ty said:
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.
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Yes, we have.

Unless of course we've changed our minds on the way.
 
Re: XAO Analysis

cutz said:
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.:)
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Better get me a BUUUCCKKEETTTTTT if Koshy has got anything to do with it. :vomit:
 
Re: XAO Analysis

Real1ty said:
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?
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We is anyone who believes in EW.

:cautious:

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.
 
Re: XAO Analysis

nunthewiser said:
fwiw i still think we will see new lows before we see this bear over and done with
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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
 
Re: XAO Analysis

Buckeroo said:
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
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No, and no.. and you don't have to, to make money, and not lose all your money.
 
Re: XAO Analysis

Real1ty said:
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.
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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
 
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