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aussiebear

World Stock Markets Trading Discussion - Feckless flickering

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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 struggled to stay afloat and eventually closed flat.  Healthcare +0.5% was the leading sector with Gold -2.4% at the other end.

Over in Asia, China -0.2%, Hong Kong -1.2%, Japan -0.4%, India currently -0.4%.

Hefty falls in UK/Europe: FTSE -1.4%, DAX -1.6% and CAC -2%.

 

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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That trillion dollars in stock buybacks the last year is sure looking good now.

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Selling INTC at $45.65 for a small gain. Probably selling too early but in this market you have to lock in profits right after companies report earnings.

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2 minutes ago, DrStool said:

These markets are scary illiquid. 

Nobody saw this coming. 

No. 

😄😜🤣🤮👎

Doc you changed your name to Nobody?

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I'm sticking with my story that Saudi money fleeing the markets is a force at the margin which tipped this thing. Not that it matters what the story is.

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10 minutes ago, DrStool said:

3 day cycle projection 2655. 

5 day, 2655,

Done. 

If not there is support around 2500, First circuit breaker.

 

That's a joke. I think.

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Multiple trendline support convergence 2649. If broken, support vacuum to 2620. 

5 day  cycle projection now also looking 2620. 

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