Jump to content

Archived

This topic is now archived and is closed to further replies.

aussiebear

IDS World Markets Fri 17th October 08

Would it be a good idea to merge M2M into IDS and have a single daily thread?  

63 members have voted

You do not have permission to vote in this poll, or see the poll results. Please sign in or register to vote in this poll.

Recommended Posts

t?s=%5EAORD

 

 

All Ords not getting carried away so far. The index is currently +1.5% with all sectors up bar Healthcare, -0.8%. REITs is leading the greens, +3.4%, IT next, +3.2% followed by Consumer Discretionary, +3%.

 

Basic buying on the big 2: BHP +1.6% and RIO +1.5%. Golds all down: Newcrest -3.7%, Newmont -7.5% and Lihir -5.5%.

 

Oils mixed: Woodside +2.4%, Santos -1.7% and Caltex +0.8%.

Share this post


Link to post
Share on other sites

w?s=%5EAORD

 

 

Okaaay, you could say the punters were generally unimpressed by the US action. All Ords seems to be finding reasonable support around the 3940 level so best guess is that we go into a sideways move with decreasing volatility.

 

The index closed -1.1% dragged down by Miners -4.5%, Materials -4.1% and Energy -2.2%. There were a number of green sectors including REITs +4%, Telecomms +2% and Consumer Discretionary +1.8%.

 

Miners got a right old hammering: BHP -4.7%, RIO -5.1%, Newcrest -6.4%, Newmont -8.9% and Lihir -5.3%.

 

Oils headed south: Woodside -2.7%, Santos -4.3% and Caltex -2.7%.

 

Asia mixed: China +1%, Honkers and India flat, Nikkers +1.8%, Sth Korea -1.4% and Taiwan -2.4%.

 

 

Over to UK/Europe:

 

t?s=%5EFTSE

 

t?s=^GDAXI

 

t?s=^FCHI

 

 

http://finance.yahoo.com/intlindices?e=europe

Share this post


Link to post
Share on other sites

Slow untangling of market rates continues.

 

"The three-month dollar rate will decline about 10 basis points to 4.40 percent today, according to David Buik, a market anal cyst in London at interdealer broker BGC Partners Inc. It was 4.82 percent a week ago. The euro interbank offered rate, or Euribor, for three-month loans slid for a sixth day, easing 4 basis points to 5.05 percent today, the European Banking Federation said. It has dropped 33 basis points this week. "

 

http://www.bloomberg.com/apps/news?pid=206...3rg0&refer=home

Share this post


Link to post
Share on other sites
i still think doc's 1929 crash pattern is still valid...

 

if so, we sell the opex open.

 

post-2165-1224223495_thumb.jpg

701060[/snapback]

 

I'm still looking for approx. 200 points downside on the SPX starting sometime between now and Wednesday. I would change that stance if they can break the down-sloping trend channels to the upside. Today's action will be interesting fer sure.

 

Futures look schizophrenic. I'm surprised. I was expecting a gap up for OpEx, figuring they would try to take back 950 (of course, that could still happen in the next couple hours).

Share this post


Link to post
Share on other sites
I'm still looking for approx. 200 points downside on the SPX starting sometime between now and Wednesday.? I would change that stance if they can break the down-sloping trend channels to the upside.? Today's action will be interesting fer sure.?

 

Futures look schizophrenic.? I'm surprised. I was expecting a gap up for OpEx, figuring they would try to take back 950 (of course, that could still happen in the next couple hours).

701069[/snapback]

 

The landlord and the aussies went down overnight. Disbelief in a bounce.

 

w?s=%5EHSI

 

w?s=%5EAORD

Share this post


Link to post
Share on other sites
Futures look schizophrenic.? I'm surprised. I was expecting a gap up for OpEx, figuring they would try to take back 950 (of course, that could still happen in the next couple hours).

701069[/snapback]

 

agreed, when i posted today, the futures were pushing 950 and looked like it would gap up at the open.

 

logo_looney_tunes.jpg

Share this post


Link to post
Share on other sites

UK's ftse100 index could go either way.

 

posi divs, but the horizontal support just looks too good to be true!

 

what's the famous saying, "support & resistance are there to be broken" ?

post-2165-1224242656_thumb.jpg

Share this post


Link to post
Share on other sites
The landlord and the aussies went down overnight. Disbelief in a bounce.

 

701071[/snapback]

 

"The landlord" lmao. Funny, sad, and true all at the same time. :D :( :o

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.


Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!



Old Stool Depository


The Wall Street Examiner
Subscribe to the Wall Street Examiner
Contact Us




Market Quotes are powered by Investing.com.
×