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aussiebear

World Stock Markets Trading Discussion - Lacerated levity

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Early openers not happy: Kiwis -0.6%, Aussies -1%, Japan -2.8% and Sth Korea -1.4%.

Gold +0.6% is the only up sector in the Aussie market with Telecomms -1.4%, IT/Miners -1.3% and Materials -1.2% at the other end.

 

 

All Ords

xao_1d.png

http://www.abc.net.au/news/business/

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Hey Doc,

 

Did Jesse from Jesse's Cafe Americain hang out here in the old days?

 

Because he has your patented Howard Cosell clip of Down goes Frasier on his site tonight.

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big.chart?nosettings=1&symb=AU%3AXAO&uf=

http://bigcharts.mar...com/default.asp

 

 

All Ords attempted to rise end of day but overall all it wasn't a good look ... The index finished -0.8% with Gold the only up sector, +1.1%.  The biggest losers were IT/Telecomms -1.6% and Consumer Discretionary/Healthcare/Miners, all -1%.

Over in Asia, China -0.6%, Hong Kong -1.5%, Japan -2.5%, India closed.

 

 

On to UK/Europe:

 

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

 

big.chart?nosettings=1&symb=DX%3ADAX&uf=

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

 

http://bigcharts.mar...com/default.asp

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So the story is we had the Tariff Tantrum. It's a great story because everyone knows, because they have been told for several generations, that rising tariffs were a main cause of the Great Depression.  So the tariff thing has deep resonance and will be a ready made excuse for any bad thing that happens in the markets or the economy.  It certainly won't have anything to do with unsound credit or money. Our friends on Wall Street begged not to raise tariffs. What a bunch of great people. 

 

I'm perfectly agnostic on tariffs, in general. 

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Hey Doc,

 

Did Jesse from Jesse's Cafe Americain hang out here in the old days?

 

Because he has your patented Howard Cosell clip of Down goes Frasier on his site tonight.

 

yes he did, god i miss the "old days" :lol:

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and there is that +10 buy button x 2

 

double hit Friday, Flo-Bot style

 

>:  and SPU green, to go with the vertical NDX

 

back to "normal" buy it higher minute after minute

 

>:: so a little selling, but lo and behold at    2, 666    someone hit the +10 buy button

 

>::: 30 minutes left in the week, Hit The +10 Buy Button and to the HOD

 

now they run em' higher

 

easy peasy

 

gonna have to oil that thing up over the weekend

 

>:::: And Another   V   bottom Friday..........HOD

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I think everyone is exhausted. 

 

Yeah foo shoo.....500 point swings in a blink of an eye....magnitude out of whack this is the battle to keep this ponzi alive at all cost....what an absolute shame of financial debt destruction from the group of sociopaths...

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So it sure looks like we are on our way  to 2700+ to back test  support turned resistance and enter wave 4 area, this could even take more than a day or two to play out!  If count is clear enough then provide a setup for next big move down.  Refer to my chart from yesterday.  Have a great weekend everyone.  We have been breaking daily  high temp records for weeks here on the FLA gulf coast panhandle!

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