Guest Posted July 6, 2004 Report Share Posted July 6, 2004 Here we go, a streak up with All Ords +0.3% and testing the all time highs once again. It's all getting to the crucial stage and the best thing for the bearz is we close on resistance... The golds producers looking very bullish, +2-3% on good volume. Oils doing well too, +0.5-1%. Asia steaming north.. Link to comment Share on other sites More sharing options...
Guest Posted July 6, 2004 Report Share Posted July 6, 2004 S&P Nazza Link to comment Share on other sites More sharing options...
Guest Posted July 6, 2004 Report Share Posted July 6, 2004 Phew, bullz on a rampage and we have YET ANOTHER all time high. All Ords closed +17.1 (+0.5%). Newscorp was one of the few losers today, -0.6%. Stocks in general did quite a jump, some over the 2% mark. Volume not all that high but the general theme was buy, buy, buy! Golds & oils did really well: golds +2-3% and oils +1.5%. Over in Asia the markets are mixed. Nikkers doing the dive and Sth Korea and India flatlining but the rest involved in a joyous burst north, sheesh.... Link to comment Share on other sites More sharing options...
Guest Posted July 6, 2004 Report Share Posted July 6, 2004 Sales and profit expectations soft Business sales and profit expectations for the September quarter have fallen, providing further evidence that growth across Australia's major industry sectors will ease during 2004/05, a survey has revealed. The D&B national business expectations survey has reported that despite a small rise across all other indices, sales expectations have now fallen to a three and a half year low and profit expectations are at their weakest in 15 months. ------------ Philippine inflation rate rises to 5.4 percent in June MANILA (AFP) - Philippine consumer prices rose 5.4 percent from a year earlier in June, exceeding official and many private projections, the National Statistics Office said. The inflation rate in May was 4.7 percent. Private sector anal cysts had widely expected inflation in June to rise to about five percent while government projections had placed it at under five percent. Link to comment Share on other sites More sharing options...
The brown one Posted July 6, 2004 Report Share Posted July 6, 2004 Aex following da futures this morn.Looking like El Cliffo cam unexpectedly! 3 point drop in the first hour is unusual these days! Now one point under its range which is 338-ish.According to the EW guy we should be going down from here and could lose 20-30 points before a savage rebound. Link to comment Share on other sites More sharing options...
The brown one Posted July 6, 2004 Report Share Posted July 6, 2004 Midday here and LOD at 336.2.Just can't seem to pick itself up--now I've said that,watch it rocket northwards! 338 is the200dma so we've breached that--bounce back to test? Link to comment Share on other sites More sharing options...
Guest Posted July 6, 2004 Report Share Posted July 6, 2004 Aex following da futures this morn.Looking like El Cliffo cam unexpectedly! Happy that someone has some sense Brown One, maybe today was just last of the buyers getting on board in Oz.. Link to comment Share on other sites More sharing options...
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