XAO Technical Analysis
- Thread starter Sean K
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Re: XAO Analysis
The interest rate in those days was 13%-/18% & 21%
That is what you can call a "Credit Squeeze"
This is just a little water off a duck's back IMO and while
Panic Reigns it should not be respected
ie: IMHO DYOR!
The interest rate in those days was 13%-/18% & 21%
That is what you can call a "Credit Squeeze"
This is just a little water off a duck's back IMO and while
Panic Reigns it should not be respected
ie: IMHO DYOR!
wayneL
VIVA LA LIBERTAD, CARAJO!
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Re: XAO Analysis
I'm trying to find some charts and explanation I saw on another forum regarding credit swap spreads or something (beyond me) that showed the true direness of the situation... basically a severe credit crunch approacheth.
Yes, but because of computing power, the credit derivative industry is exponentially bigger, more complex and convoluted, and fraudulent now than then.is this the debt you mean Wayne? and that chart is a couple of years old now...
I'm trying to find some charts and explanation I saw on another forum regarding credit swap spreads or something (beyond me) that showed the true direness of the situation... basically a severe credit crunch approacheth.
theasxgorilla
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Re: XAO Analysis
Interest rates need to be considered relative to debt levels. Absolute numbers do not allow for a direct apple against apple comparison. You gotta dig a little deeper.
Interest rates need to be considered relative to debt levels. Absolute numbers do not allow for a direct apple against apple comparison. You gotta dig a little deeper.
Re: XAO Analysis
Well i sold out of most of my positions, 8 out of 9, on Monday's open.
I really didnt like it how the market closed down so solidly on friday, went through the 6200 support as if it wasnt even there.
The other position i sold it today.
The weekend gave me some time to reflect and Iv decided that i want to save what Iv got for my systems trading.
I didnt really want to experience a large drawdown, especially since i dont have a clue as to whether i know what Im doing (yet
). All i know upto this point is bullmarket.
Now onto XAO analysis, if this bullmarket is to go on, well, we need the 200dma which is around 5900ish, to hold. If not, then it could get ugly
Well i sold out of most of my positions, 8 out of 9, on Monday's open.
I really didnt like it how the market closed down so solidly on friday, went through the 6200 support as if it wasnt even there.
The other position i sold it today.
The weekend gave me some time to reflect and Iv decided that i want to save what Iv got for my systems trading.
I didnt really want to experience a large drawdown, especially since i dont have a clue as to whether i know what Im doing (yet
). All i know upto this point is bullmarket.Now onto XAO analysis, if this bullmarket is to go on, well, we need the 200dma which is around 5900ish, to hold. If not, then it could get ugly
Re: XAO Analysis
whats going on guys, support broken at 6200, and little of 6100 broken.
next support is at 5900. is it time to get out for a little while until it picks up again. cause it looks pretty ugly, just under 6000.
anyone with any views, market being oversold b/c of sub prime exposure, factoring in of interest rate rises? or is the market a little overvalued.
whats going on guys, support broken at 6200, and little of 6100 broken.
next support is at 5900. is it time to get out for a little while until it picks up again. cause it looks pretty ugly, just under 6000.
anyone with any views, market being oversold b/c of sub prime exposure, factoring in of interest rate rises? or is the market a little overvalued.
wayneL
VIVA LA LIBERTAD, CARAJO!
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Re: XAO Analysis
Exactly! Also against inflation levels... especially wage inflation.
theasxgorilla
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Re: XAO Analysis
How about this, markets are never over or undervalued, they're simply perceived. And today, the perception of many was, "I want my money instead of my shares!":
How about this, markets are never over or undervalued, they're simply perceived. And today, the perception of many was, "I want my money instead of my shares!"
:
chops_a_must
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Re: XAO Analysis
And it's only negative for the ones in debt. It's just another signal for the shifting global economic balance. Just like it was when Prussia owned the French in the late 19th century, and when the US began owning the British post wars...
There is going to be real hypersensitivity to inflation in the foreseeable future, as that will indicate the unavoidable spread of the credit crunch.
I'm no economist, but know my history, and throughout history the shift in control of debt appears to coincide with a shift in the control of economic power.
And it's only negative for the ones in debt. It's just another signal for the shifting global economic balance. Just like it was when Prussia owned the French in the late 19th century, and when the US began owning the British post wars...
There is going to be real hypersensitivity to inflation in the foreseeable future, as that will indicate the unavoidable spread of the credit crunch.
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Re: XAO Analysis
Couldn't agree with you more ASX.G - stock markets are about the supply and demand for equities. Under/over valuation simply dictates how hot or cold the winners and losers will be......
Take PDN - when it was hot, the share price was booming and no one thought it would go anywhere but up. Now, downgrades have been taken into account by analysts who state there is value, but people continue to sell it down......
It's a simple equation - more sellers than buyers, over/under/sideways valued = price going down and the inverse. Everything else is secondary....
Cheers
How about this, markets are never over or undervalued, they're simply perceived. And today, the perception of many was, "I want my money instead of my shares!"
Couldn't agree with you more ASX.G - stock markets are about the supply and demand for equities. Under/over valuation simply dictates how hot or cold the winners and losers will be......
Take PDN - when it was hot, the share price was booming and no one thought it would go anywhere but up. Now, downgrades have been taken into account by analysts who state there is value, but people continue to sell it down......
It's a simple equation - more sellers than buyers, over/under/sideways valued = price going down and the inverse. Everything else is secondary....
Cheers
theasxgorilla
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Re: XAO Analysis
If you mean that you missed selling when you ought to have...consider this...one way to stop a loss in falling shares is to close the position.
If you mean that you missed selling when you ought to have...consider this...one way to stop a loss in falling shares is to close the position.
CanOz
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Re: XAO Analysis
Good decision Niz, i just kept tightening stops up last week, got taken out of MPO by stops, and then on Monday i exited SEK finally, a bit late but still a profit.
In cash and having some fun with shorts...mostly paper trades...but i've two to open tomorrow...if you look at the sectors, we're due to either bounce or push through completely for another sharp drop....will be watching the US tonite...however relevant.
Cheers all.
Well i sold out of most of my positions, 8 out of 9, on Monday's open.
I really didnt like it how the market closed down so solidly on friday, went through the 6200 support as if it wasnt even there.
The other position i sold it today.
The weekend gave me some time to reflect and Iv decided that i want to save what Iv got for my systems trading.
I didnt really want to experience a large drawdown, especially since i dont have a clue as to whether i know what Im doing (yet
Now onto XAO analysis, if this bullmarket is to go on, well, we need the 200dma which is around 5900ish, to hold. If not, then it could get ugly
Good decision Niz, i just kept tightening stops up last week, got taken out of MPO by stops, and then on Monday i exited SEK finally, a bit late but still a profit.
In cash and having some fun with shorts...mostly paper trades...but i've two to open tomorrow...if you look at the sectors, we're due to either bounce or push through completely for another sharp drop....will be watching the US tonite...however relevant.
Cheers all.
springhill
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Re: XAO Analysis
This term 'collapse' has really got me scratching my head. Sholdnt we possibly be looking at time frame losses rather than point number losses? Which is the worse of the two situations? If we lost 600 points which were gained in extremely quick time? Or is the parameters of a collapse easier defined by the time it took to make the gains? I guess what i am asking is which is more critical, the points loss or the X amount of months it took to make whatever the market eventually looses? If its only 4-6 months, i would call that a correction, 12 months worth, well then the term collapse should be used more freely.
This term 'collapse' has really got me scratching my head. Sholdnt we possibly be looking at time frame losses rather than point number losses? Which is the worse of the two situations? If we lost 600 points which were gained in extremely quick time? Or is the parameters of a collapse easier defined by the time it took to make the gains? I guess what i am asking is which is more critical, the points loss or the X amount of months it took to make whatever the market eventually looses? If its only 4-6 months, i would call that a correction, 12 months worth, well then the term collapse should be used more freely.
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Re: XAO Analysis
Well it fell about 400 points... last correction... Spring hill does have a point about using time frames but somebody such as myself should not be trusted to give such advice... sooo far this correction has knocked out 500 points or 4 months of gains... the last correction knocked out about 1.5 months of gains or 400 points... How should we think about it...
This correction is a lot quicker and shraper... and currently the US markets are about to lose another 150 points
Well it fell about 400 points... last correction... Spring hill does have a point about using time frames but somebody such as myself should not be trusted to give such advice... sooo far this correction has knocked out 500 points or 4 months of gains... the last correction knocked out about 1.5 months of gains or 400 points... How should we think about it...
This correction is a lot quicker and shraper... and currently the US markets are about to lose another 150 points
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Re: XAO Analysis
good news, Dow looks like in Green area.
up 32 points at the moment.
hope it will stay green until close.
good news, Dow looks like in Green area.
up 32 points at the moment.
hope it will stay green until close.
CanOz
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Re: XAO Analysis
poof...gone. Spiked up at the open....might be a bit choppy tnite as WP says...
Hand onto to your shorts!
Cheers,
good news, Dow looks like in Green area.
up 32 points at the moment.
hope it will stay green until close.
poof...gone. Spiked up at the open....might be a bit choppy tnite as WP says...
Hand onto to your shorts!
Cheers,
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Re: XAO Analysis
false alarm..
now RED 53 points...
oh my... better buckle up and go to sleep...
enough for today excitement...
let's pray for the best tomorrow..
false alarm..
now RED 53 points...
oh my... better buckle up and go to sleep...
enough for today excitement...
let's pray for the best tomorrow..