aussiebear Posted April 12, 2012 Report Posted April 12, 2012 Early openers moving cautiously: Kiwis +0.5%, Aussies +0.3%, Nikkers -0.1% and Sth Korea -1%. All green for Aussie sectors although gains are minimal: IT +1.2%, Energy +0.8% and Telecomms +0.6%.
aussiebear Posted April 12, 2012 Author Report Posted April 12, 2012 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted April 12, 2012 Author Report Posted April 12, 2012 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/
aussiebear Posted April 12, 2012 Author Report Posted April 12, 2012 Menu found in Beijing Restaurant.
aussiebear Posted April 12, 2012 Author Report Posted April 12, 2012 Buyers tinkering today although a lot of it was gap up stuff which will no doubt be sorted tomorrow. All Ords closed +0.8% led by IT +1.5% and Telecomms +1.2%. Sizeable gains in Asia: China +1.8%, Honkers +0.9%, India +0.8% and Nikkers +0.7%. On to UK/Europe:
jp6 Posted April 12, 2012 Report Posted April 12, 2012 Unless nasty is going to test break out line bottom may be in for a while
Dopamine Posted April 12, 2012 Report Posted April 12, 2012 Unless nasty is going to test break out line bottom may be in for a while I just can't get GDX out of my mind. I think it's saying something very important and that is that we are far from bottom in the markets. IMVHO
jp6 Posted April 12, 2012 Report Posted April 12, 2012 I just can't get GDX out of my mind. I think it's saying something very important and that is that we are far from bottom in the markets. IMVHO GDX is made of Gold miners and they have performed worse than gold and may never beat gold. If there is a dislocation then Us Bond is the place to be in.If not Then QQQ. IMHO Nasty is over extended so could see consolidation for another 6 weeks. IMHO
jp6 Posted April 12, 2012 Report Posted April 12, 2012 Poll Which would be better investments Government sponsored Tech stocks, Gold, Gold stocks due to superior management’s Click here
Dopamine Posted April 12, 2012 Report Posted April 12, 2012 GDX is made of Gold miners and they have performed worse than gold and may never beat gold. If there is a dislocation then Us Bond is the place to be in.If not Then QQQ. IMHO I understand that. I was thinking more what GDX is saying about liquidity out there.....6 months ahead of time. As far as QQQ, this is picture perfect double top IMVHO. Pivot slightly exceeded and then immediately reversed down.
K Wave Rider Posted April 12, 2012 Report Posted April 12, 2012 Goldilocks continues the big windup...pitch should be on it's way soon...
Thales Posted April 12, 2012 Report Posted April 12, 2012 Aapl getting a bid... bought another 635 call this morning. Plan to dump soon!
gameover Posted April 12, 2012 Report Posted April 12, 2012 well, well, the bears got a little action closed out longs right after payroll # during shortened session friday how nice to release a crappy # when noboby cares during the holiday weekend long YM at 12650 support, id charts bullish, 12950 is a cinch for 50% retrace and maybe more bears going to be sucking the hose again unless 12650 breaks, then 12k comes, but highly unlikely
Recommended Posts
Archived
This topic is now archived and is closed to further replies.