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aussiebear

World Stock Markets Trading Discussion - Affable ambling

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THE POWELL PUT

Not a real put.....only worth 10-20 cents in the dollar tops.

It seems that the markets cant handle "normalization"

 

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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 went into a terminal slide in the latter part of the day to finish -1.4%.  Miners -3.2% and Gold -3.1% took the biggest hit.

Over in Asia, China -0.5%, Hong Kong -0.9%, Japan -2.8%, India currently -0.2%.

UK/Europe opening with serious downside: FTSE -1.3%, DAX -1.6%, CAC -1.7%.

 

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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I have just returned from my late afternoon constitutional. This city enchants me every day. 

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