Jump to content

IDS World Markets Fri 30th July 04


Recommended Posts

t?s=^AORD

 

Flagpole open as we blast north. All Ords +0.7% with banks and News Corp leading the charge. They've been showing as Dover Sole on the charts recently so a bounce not surprising. The index is now thunking against recent resistance but there's a chance we could go to new highs in the not too distant future if that resistance doesn't hold. Arrrgh...

 

Golds are flat to up and oils marginally green.

 

Big jumps in Asia as well with Nikkers currently up 1.5% and Taiwan +1.6%. Only Singers not playing, marginally red.

 

t?s=^N225

 

t?s=^KS11

 

t?s=^STI

 

t?s=^TWII

 

t?s=^SSEC

 

t?s=^HSI

 

t?s=^BSESN

Link to comment
Share on other sites

  • Replies 6
  • Created
  • Last Reply

Sheesh, unadulterated bullishness today with only a mere sprinkle of reds left on the screen at close. All Ords finished +1% and that's a big move for us. The index closed at minor resistance so roll on Monday, this is getting interesting... can they push it to new highs next week?

 

Golds started climbing as the day progressed, finishing up around 1%. In the oils, Woodside had a small dip but Santos closed +0.7%.

 

Very respectable gains in Asia with China the only one in the red as far as the posted charts go...

Link to comment
Share on other sites

Dwelling Approvals Rise In Australia During June

 

CANBERRA, July 30 Asia Pulse - New figures today confirmed continued life in Australia's home building industry, with dwelling approvals up 1.5 per cent in the month of June.

 

But at the same time, the Australian Bureau of Statistics said total private sector housing approvals were down 10.9 per cent over 12 months while total dwelling approvals were down by 1.5 per cent.

Link to comment
Share on other sites

Hi there Fxfox.Loooks like Pakistan is going to need the 25 million reward for capturing that guy to hold up their market(and then some more)!

Looks like Nazcrap 2000.

 

AEX opened with a small gap down having filled the gap of last week in one blowout session yesterday.Now going back up to fill this am's gap.Seems like the market is high on gasoline fumes--the higher the price the higher the market :D

Decidedly illogical but isn't it always.

 

Below is a chart of the AEX call/put ratio.And today/yesterday it's done a boner.

The last time that happened was beginning of July and we lost 7% after that,so I'm taking this as a contrarian sign and we go down into Aug.

post-3-1091178797_thumb.gif

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...