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World Stock Markets Trading Discussion - Parlous plummet

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The overnight action has precipitated a wave of selling for the early openers: Kiwis -1%, Aussies -1.1%, Japan -1.5%, Sth Korea -0.4%.

Predictably, Gold +3.1% is the only plus sector in Aussie stocks with IT -2.4% and Financials -2.1% down the most.


All Ords



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All Ords 5-day chart



Reality time for All Ords with the index closing -0.8% for the day.  Gold +3.4% was the main winner and Financials -1.8% brought up the rear.

Over in Asia, China -0.7%, Hong Kong -1.5%, Japan -0.6%, India currently +0.8%.

The Bounce currently underway in UK/Europe: FTSE +0.8%, DAX +0.4% and CAC +0.9%.










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37 minutes ago, DrStool said:

3 day cycle projection 2867. 

This is the kind of trading pattern that will eat options traders alive. 


Doc took a queue from you yesterday sold TZA @9.95 had a limit of 10.11 able to buy back same position here @9.55

Its these trades that carry a bear side into profit over the rein of QE.....thank you

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