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aussiebear

World Stock Markets Trading Discussion - Accelerating avalanche

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All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

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

 

All Ords is hammering away at the 6050 barrier but has failed to break through so far.  The index finished -0.1% with sectors ranging from Gold +2.2% down to IT -1.1%.

Over in Asia, China jumped +2.6%,  Hong Kong +0.4%, Japan -0.6%, India currently -1.4%.

UK/Europe heading down in unison: FTSE -0.1%, DAX -0.4% and CAC -0.7%.

 

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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"BB&T Corp. (BBT +2.4%) CEO Kelly King says he's reduced his expectations for large-bank consolidation across the industry due to advancements in some shared technology systems."

There is a productivity event allowing the smaller and medium banks to catch up working with tools from companies like ELLI and MKTX. It will be interesting to watch this evolve.

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Just now, MisFit Kid said:

Slam the open higher,

Thursday did not happen

Another magical "do over"

The market may be gong up but we still have some technical damage that needs to get fixed IMHO. This ride isn't over.

post-2165-1224067065_thumb - Copy.jpg

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1 minute ago, DrStool said:

The resiliency of this market is terrifying. 

Too many people think that this is normal.....

ie.... Just Buy The Dip

2800 Protected Again, by the Magic

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1 minute ago, MisFit Kid said:

Too many people think that this is normal.....

ie.... Just Buy The Dip

2800 Protected Again, by the Magic

We're at maximum all inness. 

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