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aussiebear

World Stock Markets Trading Discussion - Sticky scuttling

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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 drifted steadily down to finish -0.6%. Gold -2.4% led the way followed by IT -1.9% and Consumer Discretionary/Utilities -1.1%.

Over in Asia, China -0.4%, Hong Kong flat, Japan +0.2%, India currently +0.8%.

UK/Europe opened up but now doing a u-turn: FTSE -0.2%, DAX and CAC -0.1%

 

big.chart?nosettings=1&symb=UK:UKX&uf=0&

big.chart?nosettings=1&symb=DX:DAX&uf=0&

big.chart?nosettings=1&symb=FR:PX1&uf=0&

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

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The lack of volatility is an artifact of the excess liquidity in the system. It portends a slow grind higher from now till condom king.  

I hope I'm wrong. 

I built the framework for my travel blog.  

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I'm trying to decide if they are not running it up because they don't want to be so blatant about it or if  it's because they need more of Jerry's money.   I lean towards the latter because at this point rubbing our faces in it is what they love to do.

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