XAO Technical Analysis

Trembling Hand · 2 September 2009

Re: XAO Analysis

MR. said:
PS: As I have concluded to have no idea where the XAO is going what do people think about down for the next 4 weeks before the about-face?

On a side note. Don't be surprised if the rest of Asia excluding japa's and even Europe is green today. China is, Korea nearly there, Taiwan not far off. Honkers not far off.

Just go's to show the US follows Asia. :

white_goodman · 2 September 2009

Re: XAO Analysis

hey I was just wondering if someone could post an update of the dow jones vs Shanghai Composite

nunthewiser · 2 September 2009

Re: XAO Analysis

white_goodman said:
hey I was just wondering if someone could post an update of the dow jones vs Shanghai Composite

theres a long term one in the shanghai thread but that might not be what you wanting

dhukka · 2 September 2009

Re: XAO Analysis

white_goodman said:
hey I was just wondering if someone could post an update of the dow jones vs Shanghai Composite

Here's one of the S&P500 vs the Shanghai Composite I updated recently.

white_goodman · 2 September 2009

Re: XAO Analysis

dhukka said:
Here's one of the S&P500 vs the Shanghai Composite I updated recently.

yeah thats the beautiful lookin one, thanks brah

Dark1975 · 3 September 2009

Re: XAO Analysis

Geez our market is still bullish.The dow in which we follow has had thin volume and scarey to think most people on wall street are trading the big four failed banks(freddie mac/citigroup/bank of america & fannie mae).As to add we all think the month of september traditionally trades downwards,further note when i see the goverment spining up we are out of a recession with still high unemployment and impending higher interest rates on the horizon i get nervous.
Well maybe im just a bear deep down,After Humphrey b bear was axed from channel nine i havn't been the samesorry just some light humour).

Dark1975 · 3 September 2009

Re: XAO Analysis

nunthewiser said:
BHP not being bullish could change in the blink of an eye but still going lower on a daily basis ....be it a boringly slow pace

MIGHT bounce around here actually and happy to close at any given moment it hits trailing stop

More in reguards to the Financials today considering the general outlook.

nunthewiser · 3 September 2009

Re: XAO Analysis

has removed last post as it dont fit in the xao thread

Garpal Gumnut · 3 September 2009

Re: XAO Analysis

I still reckon my simple longterm chart is a good pointer for predicting where this recent dcb imho will go or not.

If the xao dips into the lower channel on the monthly then we are back in to a bear scenario.

If it falls and touches the trendline and takes off then we are in a new bull.

gg

Trembling Hand · 4 September 2009

Re: XAO Analysis

Garpal Gumnut said:
If the xao dips into the lower channel on the monthly then we are back in to a bear scenario.

If it falls and touches the trendline and takes off then we are in a new bull.

gg

No chance of a false break bear channel gg? You could call it the,

FBBCGG indicator.

Nyden · 5 September 2009

Re: XAO Analysis

Garpal Gumnut said:
If it falls and touches the trendline and takes off then we are in a new bull.

gg

And, if it just keeps going up? Perhaps there are just too many waiting for this elusive fall, having not gotten in earlier?

Sean K · 5 September 2009

Re: XAO Analysis

Nyden said:
And, if it just keeps going up? Perhaps there are just too many waiting for this elusive fall, having not gotten in earlier?

Seems like every dip has been bought up over the past few months. And every rally...

Awesomandy · 5 September 2009

Re: XAO Analysis

Nyden said:
And, if it just keeps going up? Perhaps there are just too many waiting for this elusive fall, having not gotten in earlier?

Given the current economic conditions, it doesn't seem likely to just keep going up - stocks still seem very expensive to me when there are so many uncertainty, and most of the developed countries around the world are arguably in a worse shape than we are. The fact remains that we are not decoupled from the rest of the world.

I guess I personally fit in to the camp of "waiting for this elusive fall", but still trying to milk out whatever gains there are for the time being (not that it has actually moved much over the past month in a net term).

There's still quite a bit of cash lying around, and it appears to me that people are possibly just buying blindly at any dips. I think that, soon, people will start to think that they'll just have to get in before it's too late, dips or not. So, I'm somewhat expecting a "sheep" rally in the short term - when everyone floods in, not knowing that there's a cliff right in front of them...

Nyden · 5 September 2009

Re: XAO Analysis

Awesomandy said:
Given the current economic conditions, it doesn't seem likely to just keep going up - stocks still seem very expensive to me when there are so many uncertainty, and most of the developed countries around the world are arguably in a worse shape than we are. The fact remains that we are not decoupled from the rest of the world.

I guess I personally fit in to the camp of "waiting for this elusive fall", but still trying to milk out whatever gains there are for the time being (not that it has actually moved much over the past month in a net term).

There's still quite a bit of cash lying around, and it appears to me that people are possibly just buying blindly at any dips. I think that, soon, people will start to think that they'll just have to get in before it's too late, dips or not. So, I'm somewhat expecting a "sheep" rally in the short term - when everyone floods in, not knowing that there's a cliff right in front of them...

Again, you can't know that there's a cliff right in front of us. Hasn't moved much in the past month?? Guess it depends on what you're in. Well over 15% last month for me ...

If the average consumer regains confidence -which is happening- then the economy will eventually begin to start following the markets, by way of a recovery.

We do not need to be decoupled from the world, because the world isn't ending.

OzWaveGuy · 6 September 2009

Re: XAO Analysis

For those interested in XAO analysis...

MrBurns · 6 September 2009

Re: XAO Analysis

I test drove a BMW M3 yesterday and was very tempted, I'd have to dob in about $100k on top of my own car.
I decided thats madness and was planning on putting the $100k into shares this week, but after seeing that I guess not.

sammy84 · 6 September 2009

Re: XAO Analysis

I use OZwaveguy's analysis as a contrarian indicator :

Largesse · 6 September 2009

Re: XAO Analysis

MrBurns said:
I test drove a BMW M3 yesterday and was very tempted, I'd have to dob in about $100k on top of my own car.
I decided thats madness and was planning on putting the $100k into shares this week, but after seeing that I guess not.

my old man has one.

get one. they are simply awesome

MrBurns · 6 September 2009

Re: XAO Analysis

Largesse said:
my old man has one.

get one. they are simply awesome

I was very impressed, it's a damn race car, the noise was just fabulous.
These things deprerciate like buggery though, got caught once before not in a hurry to repeat the exercise, but sometimes I think, I'll just do it, much more exciting than any Porsche I've driven.

tech/a · 6 September 2009

Re: XAO Analysis

Hire one for a month or so.

Cheaper and you'll eventually get over it.

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