Guest Posted August 20, 2003 Report Share Posted August 20, 2003 Oops really late today, morning appointment. Up again, another new recent high, we've seen it every day for ages now.... Banks on the rebound after yesterday's selloff which has given the index a bit more life. Golds also doing a jump up. Nikkei up but the rest of Asia looking a bit seedy. Bummer re the UN Headquarters copping a suicide bomber.... Link to comment Share on other sites More sharing options...
The End Posted August 20, 2003 Report Share Posted August 20, 2003 Aussiebear, Just poped into say Tanks for all your efforts. i appreciate them. Link to comment Share on other sites More sharing options...
Guest Posted August 20, 2003 Report Share Posted August 20, 2003 Thanks TE Weeellll almost a round trip day for us, maybe doesn't quite qualify for gravestone doji but close. A couple of the banks sagged after a reasonable start which probably helped the decline. All Ords closed +2.7 (+0.1%). The last 5 days have had the same pattern: big buy up on open to be sold down slowly the rest of the day. The overall trend still up though. 2 steps up and 1 step back syndrome. Most the golds up and quite a bit too, 2-3% on average. Nikkei way up there again +1.2% but elsewhere in Asia reddish. --------- Windbreaker posted this link on bear zone forum. Its an astrological site with a weekly commentary on global markets. Even obscure indices get a mention... quite interesting... http://www.mmacycles.com/artweek.htm Link to comment Share on other sites More sharing options...
alceringa Posted August 20, 2003 Report Share Posted August 20, 2003 Yoo-hoo world markets Uncle Buck Spoo-Hoo's- Nasty- Globex Flash Quotes Link euroland Jo-burg Miners Here After Hours-USA Island AM Market Call By CNNMoney From Bloomberg 0330 Stool HQ Time French Economy Unexpectedly Contracted 0.3 Percent in the Second Quarter France's economy, Europe's third largest, contracted in the second quarter as the euro's gains against the dollar stifled exports and rising unemployment deterred consumer spending. Nestle First-Half Profit Falls 51 Percent; Sales Drop on Swiss Franc Gains Zurich Financial First-Half Profit Beats anal cyst Forecasts; Premiums Rise Bloomberg Link to comment Share on other sites More sharing options...
The brown one Posted August 20, 2003 Report Share Posted August 20, 2003 Moanin' from A'dam. Bloody unstoppable-it would appear.Yesterday our little pile follwed the DAX to new highs.Ended with a gain of 0.6% and had been up 1.2% during the day.Funnily enough,in the last 10 minutes of trade(only for insiders) it lost half of its gain.Isn't that boolish? Chris Locke on the box again this am.Didn't catch all of it,but he seemed to think that end Aug. could be a high.Then correction into Sept./Oct. but another possibility could be new highs into 2004!! Depends on the correction--S&P 960/910 below which it's doomed! Sorry, half asleep at the time of viewing! He did say that he was surprised by the length and strength of this upmove--that's an understatement as he thought 29th July would be a big low. It is now pretty obvious that the European markets no longer following the US in their timing.We're now considerably above the S&P June high--but then again,we lost nearly 70% since the top of 2000 and the S&P only 50%. Still in an uptrend--"per ardua ad astra" motto of The Royal Airforce.Perhaps a variant is more applicable today "per fraudua ad astra".As HRFF doesn't read this,I'm not expecting any comment on the crapness of my latin! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.