aussiebear Posted October 11, 2018 Report Share Posted October 11, 2018 WELL! What can I say? Mayhem across all markets today: Kiwis -2.8%, Aussies -2.1%, Japan -3.8%, Sth Korea -2.8%, China -3% and Hong Kong -3.3%. Gold +2.2% is the only upwardly mobile sector. At the other end: IT -4.4%, Energy -2.8% and Miners -2.3%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted October 11, 2018 Author Report Share Posted October 11, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted October 11, 2018 Author Report Share Posted October 11, 2018 http://money.cnn.com...s/morning_call/ 24 hr Gold http://www.kitco.com http://www.kitconet....ase_metals.html http://www.kitconet.com/indexes.html Link to comment Share on other sites More sharing options...
aussiebear Posted October 11, 2018 Author Report Share Posted October 11, 2018 http://www.engrish.com/2017/05/im-not-looking-forward-to-this/ Found at breakfast buffet in Wuxi, China hotel. Link to comment Share on other sites More sharing options...
aussiebear Posted October 11, 2018 Author Report Share Posted October 11, 2018 All Ords 5-day chart http://bigcharts.mar...com/default.asp It certainly hit the fan today... All Ords finished -2.8% but the index is now hovering in a support area so we could get a bounce in the the short term. Sectors went from bad to worse: IT -5.2%, Energy -3.7%, Healthcare -3.5%, Telecomms -3.2% and so on. Gold +1.9% was the only up sector. The bottom dropped out in Asia: China -5.2%, Hong Kong -3.5%, Japan -3.9%, India currently -2.1%. Sellers on board in UK/Europe: FTSE -1.8%, DAX -1.3%, CAC -1.5%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted October 11, 2018 Author Report Share Posted October 11, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jorma Posted October 11, 2018 Report Share Posted October 11, 2018 Boom, up we go. Evidently inflation has been defeated and the Fed is going to cut interest rates now. Link to comment Share on other sites More sharing options...
DrStool Posted October 11, 2018 Report Share Posted October 11, 2018 That's a little extreme. The futures are up 3 after being down 95 yesterday. It's not even a dead cat bounce. Dead rat maybe. Link to comment Share on other sites More sharing options...
Jorma Posted October 11, 2018 Report Share Posted October 11, 2018 1 hour ago, DrStool said: That's a little extreme. The futures are up 3 after being down 95 yesterday. It's not even a dead cat bounce. Dead rat maybe. I show ES was 2747 at around 5AM. A 30 point pop at this point. Link to comment Share on other sites More sharing options...
specie Posted October 11, 2018 Report Share Posted October 11, 2018 As some may know I'm in day biz as finadv/pm. I started in 1987. The crash happened a week after I passed my 7 exam. My son has joined my business. He passed his 7 last week. What did mark twain say? Link to comment Share on other sites More sharing options...
Jorma Posted October 11, 2018 Report Share Posted October 11, 2018 1 hour ago, Jorma said: I show ES was 2747 at around 5AM. A 30 point pop at this point. Be that as it may........... Link to comment Share on other sites More sharing options...
DrStool Posted October 11, 2018 Report Share Posted October 11, 2018 5 day cycle projection 2770. Support suggested 2750-60 Link to comment Share on other sites More sharing options...
DrStool Posted October 11, 2018 Report Share Posted October 11, 2018 Ah... What happens in the after hours, stays in the after hours. Link to comment Share on other sites More sharing options...
DrStool Posted October 11, 2018 Report Share Posted October 11, 2018 13 minutes ago, specie said: As some may know I'm in day biz as finadv/pm. I started in 1987. The crash happened a week after I passed my 7 exam. My son has joined my business. He passed his 7 last week. What did mark twain say? A fool and his money are soon parted? There's a sucker born every minute? ?? Just kidding. You should be very proud that your kid wanted to emulate you... I think. Link to comment Share on other sites More sharing options...
specie Posted October 11, 2018 Report Share Posted October 11, 2018 Thanks doc. He's developed a knack for business in his career so far. He'll be a lot better than me at this eventually. Link to comment Share on other sites More sharing options...
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