aussiebear Posted September 7, 2011 Report Posted September 7, 2011 Early openers get a jump start: Kiwis +0.5%, Aussies +1.5%, Nikkers +1.6%, Sth Korea +2.3%. Materials, Miners and Healthcare, all +2%, are out in front with Gold -0.6% and REITS -0.1% the only reds.
aussiebear Posted September 7, 2011 Author Report Posted September 7, 2011 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted September 7, 2011 Author Report Posted September 7, 2011 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/
aussiebear Posted September 7, 2011 Author Report Posted September 7, 2011 http://www.engrish.com/2003/08/sensormatic-sign/
Lugnut Posted September 7, 2011 Report Posted September 7, 2011 Nice try.. :lol: Why didn't I think of that?
MrHanky Posted September 7, 2011 Report Posted September 7, 2011 Nice try.. :lol: See,I knew it! Bots are everywhere......
Lugnut Posted September 7, 2011 Report Posted September 7, 2011 Ran and posted these numbers earlier. The Gold Flab-o-nacci's: 100% : 1920 76.4% : 1879.88 61.8% : 1855.06 50% : 1835 38.2% : 1814.94 23.6% : 1790.12 0% : 1750 We just stepped down to the 61.8% level and are 1852.70 at the moment.
aussiebear Posted September 7, 2011 Author Report Posted September 7, 2011 All go today. All Ords finished +2.5% with Financials +3.2% taking the lead followed by Materials and Miners +2.8%. The Gold sector was the only non performer, closing flat, although many of the juniors did ok. Asia ebullient: China +1.4%, Honkers +1.5%, India +1% and Nikkers +2%. On to UK/Europe:
Pretzel Logic Posted September 7, 2011 Report Posted September 7, 2011 Posted a new article on my blaawg, replete with chart and technical and funny-mental anal-a-cycts on Wyndham Worldwide: Wyndham Worldwide -- A Great Short? Wyndham Worldwide was a fantastic short play in 2007-2008 when, in the span of 16 months, it dropped from $36.50 all the way down to $2.38. It subsequently rallied to its recent July high of $35.80, and is currently trading around $30. Analyzing the chart using Elliott Wave, WYN appears to be in the early stages of a 3rd wave down (see attached chart). As such, I expect it to "outperform the SPX to the downside" (most anal cysts would probably term this as "underperform the SPX"). Besides the chart, what might lead us to believe that Wyndham is headed for a heartbreak? For those who are interested in fundamentals: Wyndham is a spin-off of the old Cendant Corporation. Wyndham's primary sources of revenue are its vacation-related business divisions. Wyndham is the world's largest hotel franchisor, the world's largest timeshare-exchange network (the RCI division), and the world's largest vacation ownership (timeshare) company. I expect these businesses, especially timeshare, to get hit hard in the coming recession/depression. During 2008, Wyndham's timeshare sales took a haircut to the tune of roughly 40%, with most of that loss coming after the mid-point in the year as the stock market deteriorated... http://PretzelCharts.blogspot.com
JonLaw Posted September 7, 2011 Report Posted September 7, 2011 Rangebound Noise Strangely, Bungee Markets are markets in which I can actually trade short term and make money. I think this has to do with the fact that you just wait until the decline has run a few days and then buy or vice-versa. You don't need to look at the technicals because it's truly noise with no information content. Just ask yourself - did the market just decline by 100 points? If so, buy! If it keeps dropping, you make a mistake, so sell ASAP and wait for the market to randomly make a massive move again.
HNCadet Posted September 7, 2011 Report Posted September 7, 2011 http://www.youtube.c...feature=related At least for a while.................................
DrStool Posted September 7, 2011 Report Posted September 7, 2011 Precious Metals Update and Price Projections 9/7/11
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