Jump to content

World Stock Markets Trading Discussion - Burning bridges


Recommended Posts

  • Replies 17
  • Created
  • Last Reply

big.chart?nosettings=1&symb=AU%3AXAO&uf=

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

 

 

All Ords trickled down in fits and starts to finish -0.2% for the day.  Sectors ranged from Consumer Staples +0.8%, Gold +0.6% down to Financials -0.8% and REITS -0.5%.

Over in Asia, China and Hong Kong +0.4%, Japan flat, India currently +0.6%.

 

 

On to UK/Europe:

 

 

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

Link to comment
Share on other sites

As you said Lee. "The market has gone parabolic. Even on a log scale chart the angle of ascent has steepened. Such parabolic moves are typical of the final phase of a bubble blowoff."

 

I strongly believe it won't be different this time. However it should be considered that it could seem to be different this time because it is no longer a "market".

Link to comment
Share on other sites

Archived

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

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...