Jump to content

World Stock Markets Trading Discussion - Soft sizzles


Recommended Posts

  • Replies 27
  • Created
  • Last Reply

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

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

 

 

All Ords tried to make a go of it but ended up closing flat.  Sectors ranged from IT +0.9%, Gold +0.8% down to Utilities -0.7%.

Over in Asia, China -1.4%, Hong Kong -0.8%, Japan +0.1%, India currently +0.2%.

 

 

UK/Europe up for starters: FTSE +0.1%, DAX +0.7%, CAC +0.3%.

 

 

 

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

My ass, another few days like this and we gonna make new ATH's. <_<

 

The whole concept of a new roaring bear is based on the conception that the FED will go tighter and tighter and tighter. What if they dont gonna as tight as one may think? Who would have thaught in - let's say 1993 or 2004 or even 2007 - that there would ever be something like QE?

 

QE was the birth control pill of our time. It wingohockingmoyamensinged up every prognosis. Go and ask a statistician about his population prognosis 20 years into the future BEFORE and AFTER the anti baby pill. So right now we think that the FED and later the ECB will drain and drain and drain... till what? Till S&P is at 975 again? Or would 1600 be enough? Extrapolation doesnt work that well all the time. There are more black swans looming around the Corner as one may think and not every one is in favour of da bears.

Link to comment
Share on other sites

My ass, another few days like this and we gonna make new ATH's. <_<

 

That is actually what I meant by the comment

 

50 day moving, pfffffttt

 

>: I seriously doubt the ECB/BOJ does anything besides

continuing with their counterfeit paper printing and virtue spewing,

maybe even expanding their definition of what

type of assets they can

"legally purchase for the benefit of everyone" :blink:

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...